John Galanti Foundation Inc

Organization Overview

John Galanti Foundation Inc is located in Holmes Beach, FL. The organization was established in 2016. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. John Galanti Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, John Galanti Foundation Inc generated $522.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (19.0%) each year. All expenses for the organization totaled $99.9k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2017, John Galanti Foundation Inc has awarded 19 individual grants totaling $326,600. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

N/A


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $253,353
Interest on Savings $21
Dividends & Interest $33,637
Net Rental Income$0
Net Gain on Sale of Assets $235,905
Capital Gain Net Income $235,905
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $522,916

Grants Awarded

Over the last fiscal year, John Galanti Foundation Inc has awarded $81,000 in support to 4 organizations.

Grant RecipientAmount

COMMUNITY PREGNANCY CLINIC

Org PageRecipient Profile

Naples, FL

PURPOSE: PROVIDE GENERAL SUPPORT.

$21,000

COMMUNITY GIVING FOUNDATION

Org PageRecipient Profile

Berwick, PA

PURPOSE: PROVIDE GENERAL SUPPORT.

$20,000

Berwick, PA

PURPOSE: PROVIDE GENERAL SUPPORT.

$20,000

SAMARITAN'S PURSE

Org PageRecipient Profile

Boone, NC

PURPOSE: PROVIDE GENERAL SUPPORT.

$20,000
View Grant Profile

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