Flauto Family Foundation
- Assets
- $188.7k
- Revenue
- -$5.6k
- Investments
- $183.1k
- Employees
- 0
- Location
- Akron, OH
- Founding
- 03/2017
- Data as of
- 12/2023
- EIN
- 81-4712197
Organization Overview
Flauto Family Foundation is located in Akron, OH. The organization was established in 2017. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Flauto Family Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,917 |
| Interest on Savings | $205 |
| Dividends & Interest | $2,874 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$10,649 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $38 |
| Total Revenue | -$5,615 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $7 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,063 |
| Total operating and administrative expenses | $3,120 |
| Contributions, gifts, grants paid | $12,000 |
| Total expenses and disbursements | $15,120 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $5,580 |
| 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 | $188,709 |
| 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, Flauto Family Foundation has awarded $2,500 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
CRUSADER ATHLETIC FUND PURPOSE: DONATION | $1,500 |
NATIONAL KIDNEY FOUNDATION PURPOSE: DONATION | $1,000 |