Joann Denapoli Charitable Foundation Inc
- Assets
- $3.9m
- Revenue
- -$140.3k
- Investments
- $3.8m
- Employees
- 0
- Location
- Waltham, MA
- Founding
- 06/2016
- Data as of
- 12/2022
- EIN
- 81-2009455
Organization Overview
Joann Denapoli Charitable Foundation Inc is located in Waltham, MA. The organization was established in 2016. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, 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. Joann Denapoli Charitable 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.
Since 2017, Joann Denapoli Charitable Foundation Inc has awarded 61 individual grants totaling $410,102. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION IS MAKING DONATIONS TO VARIOUS ORGANIZATIONS THAT THE ORIGINAL DONOR REQUESTED IN HER ESTATE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephen Mpoliti ESQ President/treasurer/direct | 10 | $13,600 | |
George Wmalloy CPA Clerk Director | 5 | $0 | |
Kara Anne Humm ESQ Director | 2 | $250 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $101,328 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$241,624 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $67,092 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$140,296 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $13,850 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,457 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $264 |
| Total operating and administrative expenses | $37,921 |
| Contributions, gifts, grants paid | $122,500 |
| Total expenses and disbursements | $160,421 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $45,639 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,864,637 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Joann Denapoli Charitable Foundation Inc has awarded $122,500 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
RWU LAW CHAMPIONS FOR JUSTICE PURPOSE: CHARITABLE CONTRIBUTION | $2,000 |
ST FRANCIS HOUSE PURPOSE: CHARITABLE CONTRIBUTION | $2,000 |
THE PASSIONAISTS OF HOLY CROSS PROVINCE PURPOSE: CHARITABLE CONTRIBUTION | $20 |
NEW ENGLAND INNOCENSE PROJECT PURPOSE: CHARITABLE CONTRIBUTION | $2,500 |
SPECIAL OLYMPICS PURPOSE: CHARITABLE CONTRIBUTION | $100 |
VANGUARD CHARITABLE FUND PURPOSE: CHARITABLE CONTRIBUTION | $115,880 |