Venusti Family Foundation Inc
- Assets
- $974.0k
- Revenue
- -$12.6k
- Investments
- $864.2k
- Employees
- 0
- Location
- Brunswick, GA
- Founding
- Data as of
- 12/2023
- EIN
- 87-2315134
Organization Overview
Venusti Family Foundation Inc is located in Brunswick, GA. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Venusti Family 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Caroline Venusti President | 1 | $0 | |
John Venusti Vice President Treasurer | 1 | $0 | |
Liane Brock Secretary | 1 | $0 | |
Caroline Brock Director | 1 | $0 | |
Thomas Brock Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $428 |
| Dividends & Interest | $17,706 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$30,763 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$12,629 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $137 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $395 |
| Total operating and administrative expenses | $532 |
| Contributions, gifts, grants paid | $40,000 |
| Total expenses and disbursements | $40,532 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $109,812 |
| 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 | $605,969 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $973,996 |
| 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, Venusti Family Foundation Inc has awarded $40,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
ST CATHERINE OF SIENA CHURCH PURPOSE: GENERAL PURPOSE | $6,000 |
POTTER LEAGUE FOR ANIMALS PURPOSE: GENERAL PURPOSE | $6,000 |
LITTLE COMPTON HISTORICAL SOCIETY PURPOSE: GENERAL PURPOSE | $10,000 |
THE NATURE CONSERVANCY PURPOSE: GENERAL PURPOSE | $6,000 |
DANA-FARER CANCER INSTITUTE PURPOSE: GENERAL PURPOSE | $6,000 |
SAKONNET PRESERVATION ASSOCIATION PURPOSE: GENERAL PURPOSE | $6,000 |