Victor Saturno Foundation 362-210495
- Assets
- $1.7m
- Revenue
- $194.1k
- Investments
- $1.6m
- Employees
- 0
- Location
- Las Vegas, NV
- Founding
- 11/1998
- Data as of
- 12/2021
- EIN
- 94-6700178
Organization Overview
Victor Saturno Foundation 362-210495 is located in Las Vegas, NV. The organization was established in 1998. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Victor Saturno Foundation 362-210495 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 12/2021, Victor Saturno Foundation 362-210495 generated $194.1k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 25.5% each year . All expenses for the organization totaled $114.6k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $42,746 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $151,334 |
| Capital Gain Net Income | $151,334 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $194,080 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $30,388 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,252 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $33,609 |
| Contributions, gifts, grants paid | $81,000 |
| Total expenses and disbursements | $114,609 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $60,711 |
| 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 | $1,695,512 |
| 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, Victor Saturno Foundation 362-210495 has awarded $81,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
A P GIANNINI FOUNDATION PURPOSE: GENERAL OPERATING | $32,400 |
AMERICAN RED CROSS PURPOSE: GENERAL OPERATING | $24,300 |
CROCE ROSSA ITALIANA PURPOSE: GENERAL OPERATING | $24,300 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sandler Foundation San Francisco, CA | $672,162,748 | $40,866,490 |
Leonard & Beryl Buck Foundation Las Vegas, NV | $1,159,755,958 | $49,528,085 |
Anne Wojcicki Foundation Los Altos, CA | $0 | $168,879,733 |
Hollywood Foreign Press Association West Hollywood, CA | $72,579,265 | $17,312,742 |
Panta Rhea Foundation Inc La Jolla, CA | $7,390,044 | $496,518 |
The Helen Diller Family Foundation San Francisco, CA | $1,836,980 | $8,770,214 |
Stephen M Silberstein Foundation Belvedere, CA | $79,901,221 | $6,376,686 |
Wholesale Beer Distributors Industry Trust Pleasanton, CA | $3,898,810 | $9,106,079 |
Wattis Dumke Foundation Inc Ketchum, ID | $124,566 | $75,918 |
Tw Ld Mceachearn Las Vegas, NV | $148,667,574 | $29,051,713 |
Georgia A Lynch Trust Phoenix, AZ | $748,550 | $1,825,283 |
Rea Charitable Trust Las Vegas, NV | $108,024,869 | $14,015,969 |