Saturnia Family Foundation Inc
- Assets
- $637.7k
- Revenue
- $757.7k
- Investments
- $465.3k
- Employees
- 0
- Location
- Honolulu, HI
- Founding
- Data as of
- 12/2023
- EIN
- 88-3657221
Organization Overview
Saturnia Family Foundation Inc is located in Honolulu, HI. 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. Saturnia 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.
For the year ending 12/2023, Saturnia Family Foundation Inc generated $757.7k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 16.0% each year . All expenses for the organization totaled $26.5k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2022 THE ORGANIZATION LAID THE GROUNDWORK TO LAUNCH ITS PROGRAMS IN A FUTURE TAX YEAR.
THE MANAGEMENT AND ADMINISTRATIVE COSTS INCURRED TO OPERATE THE FOUNDATION, DIRECTLY SUPPORT, AND ARE NECESSARY TO CARRY OUT THE CHARITABLE PROGRAMS AND ACTIVITIES CONDUCTED BY THE FOUNDATION.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph Saturnia Secretary/tr | 2 | $0 | |
Grace Victoria Leong Saturnia President | 2 | $0 | |
Devin Thomas Saturnia Director | 1 | $0 | |
Owen Richard Saturnia Director | 1 | $0 | |
Ian Joseph Saturnia Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $152,204 |
| Interest on Savings | $0 |
| Dividends & Interest | $15,664 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $589,864 |
| Capital Gain Net Income | $6,996 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $757,732 |
| 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 | $0 |
| Total operating and administrative expenses | $0 |
| Contributions, gifts, grants paid | $26,500 |
| Total expenses and disbursements | $26,500 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $172,466 |
| 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 | $637,735 |
| 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, Saturnia Family Foundation Inc has awarded $26,500 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
MAUI FOOD BANK PURPOSE: CHARITY | $1,000 |
SALVATION ARMY PURPOSE: CHARITY | $1,000 |
MAUI UNITED WAY PURPOSE: CHARITY | $1,000 |
ALOHA COUNCIL PURPOSE: CHARITY | $1,500 |
AMERICAN RED CROSS PURPOSE: CHARITY | $1,000 |
TUCK ANNUAL GIVING PURPOSE: CHARITY | $1,500 |