Dinello Family Foundation
- Assets
- $1.5m
- Revenue
- $538.4k
- Investments
- $1.4m
- Employees
- 0
- Location
- Naples, FL
- Founding
- 11/2019
- Data as of
- 12/2023
- EIN
- 83-2367534
Organization Overview
Dinello Family Foundation is located in Naples, FL. 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. Dinello 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.
For the year ending 12/2023, Dinello Family Foundation generated $538.4k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 12.4% each year . All expenses for the organization totaled $86.6k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Dinello Family Foundation has awarded 58 individual grants totaling $279,859. 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 |
|---|---|---|---|
Christina L George Trustee | 1 | $0 | |
Alessandro P Dinello Commitee Member | 0 | $0 | |
Cathy A Dinello Commitee Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $48 |
| Dividends & Interest | $99,686 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $438,712 |
| Capital Gain Net Income | $438,712 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $538,446 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,976 |
| Depreciation | $1,975 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $781 |
| Total operating and administrative expenses | $10,407 |
| Contributions, gifts, grants paid | $76,225 |
| Total expenses and disbursements | $86,632 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $132,726 |
| 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 | $752,882 |
| Net Land, buildings, and equipment | $376 |
| Other assets | $566 |
| Total assets | $1,500,350 |
| 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, Dinello Family Foundation has awarded $76,225 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
ALZHEIMER'S ASSOCIATION PURPOSE: GENERAL SUPPORT | $250 |
CROHN'S COLITIS FOUNDATION PURPOSE: GENERAL SUPPORT | $43,219 |
JACKSON FRIENDLY HOME PURPOSE: GENERAL SUPPORT | $200 |
MICHIGAN CROSSROADS COUNCIL PURPOSE: GENERAL SUPPORT | $10,000 |
LURIE CHILDREN'S FOUNDATION PURPOSE: GENERAL SUPPORT | $7,500 |
MICHIGAN ROUNDTABLE PURPOSE: GENERAL SUPPORT | $1,000 |