Della Pietra Foundation
- Assets
- $32.4m
- Revenue
- $7.4m
- Investments
- $27.7m
- Employees
- 0
- Location
- Jericho, NY
- Founding
- 08/2019
- Data as of
- 12/2022
- EIN
- 83-2596679
Organization Overview
Della Pietra Foundation is located in Jericho, NY. 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. Della Pietra 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 12/2022, Della Pietra Foundation generated $7.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (22.4%) each year. All expenses for the organization totaled $6.9m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Della Pietra Foundation has awarded 35 individual grants totaling $16,811,201. 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 |
|---|---|---|---|
Barbara Amonson President | 3 | $0 | |
Vincent Dellapietra Secretary | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $7,000,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $798,328 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$436,812 |
| Capital Gain Net Income | $1,012,245 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $7,361,516 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $20,922 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $89,085 |
| Total operating and administrative expenses | $120,010 |
| Contributions, gifts, grants paid | $6,790,500 |
| Total expenses and disbursements | $6,910,510 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,689,334 |
| 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 | $32,353,573 |
| 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, Della Pietra Foundation has awarded $6,790,500 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
COLD SPRING HARBOR LABORATORY PURPOSE: UNRESTRICTED | $155,000 |
FRIENDS OF IHES INC NY PURPOSE: UNRESTRICTED | $65,000 |
PIVOT WORKS PURPOSE: UNRESTRICTED | $200,000 |
COMMUNITY FOUNDATION OF COLLIER COUNTY PURPOSE: UNRESTRICTED | $20,000 |
HARBOR COUNTRY DAY SCHOOL PURPOSE: UNRESTRICTED | $200,000 |
MATHEMATICAL SCIENCES RESEARCH INSTITUTE PURPOSE: UNRESTRICTED | $1,100,000 |