Michael J Femino Foundation
- Assets
- $954.5k
- Revenue
- -$3.7k
- Investments
- $939.9k
- Employees
- 0
- Location
- Newport Coast, CA
- Founding
- 05/2019
- Data as of
- 12/2022
- EIN
- 83-1073969
Organization Overview
Michael J Femino Foundation is located in Newport Coast, CA. The organization was established in 2019. 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. Michael J Femino Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2020, Michael J Femino Foundation has awarded 37 individual grants totaling $104,515. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Femino President | 3 | $0 | |
A L Femino Director | 0 | $0 | |
J D Femino Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $12,428 |
| Interest on Savings | $1 |
| Dividends & Interest | $706 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$16,814 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$3,679 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $363 |
| Total operating and administrative expenses | $363 |
| Contributions, gifts, grants paid | $46,417 |
| Total expenses and disbursements | $46,780 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $14,591 |
| 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 | $954,533 |
| 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, Michael J Femino Foundation has awarded $46,417 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
USC ASSOCIATES PURPOSE: GRANT TO 501(C)3 ORG | $1,500 |
SIGMA CHI FOUNDATION PURPOSE: GRANT TO 501(C)3 ORG | $2,000 |
SWIM WITH MIKE FOUNDATION PURPOSE: GRANT TO 501(C)3 ORG | $1,510 |
POLYTECHNIC SCHOOL PURPOSE: GRANT TO 501(C)3 ORG | $1,907 |
MEALS ON WHEELS PURPOSE: GRANT TO 501(C)3 ORG | $2,000 |
HUNRINGTON MEDICAL RESEARCH INSTITU PURPOSE: GRANT TO 501(C)3 ORG | $2,500 |