The Pizzagalli Foundation
- Assets
- $13.3m
- Revenue
- $4.9m
- Investments
- $11.7m
- Employees
- 0
- Location
- Burlington, VT
- Founding
- 02/1988
- Data as of
- 12/2021
- EIN
- 03-0307532
Organization Overview
The Pizzagalli Foundation is located in Burlington, VT. The organization was established in 1988. 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. Pizzagalli 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 12/2021, Pizzagalli Foundation generated $4.9m in total revenue. All expenses for the organization totaled $817.7k during the year ending 12/2021.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Angelo P Pizzagalli Trustee | 0 | $0 | |
Remo R Pizzagalli Trustee | 0 | $0 | |
James C Pizzagalli Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,170,798 |
| Interest on Savings | $76 |
| Dividends & Interest | $211,485 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,469,382 |
| Capital Gain Net Income | $3,469,382 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $4,851,741 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $20,861 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $64,253 |
| Total operating and administrative expenses | $86,739 |
| Contributions, gifts, grants paid | $730,938 |
| Total expenses and disbursements | $817,677 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $11,105 |
| Savings and temporary cash investments | $1,627,107 |
| 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 | $13,305,397 |
| 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 |
Peer Organizations
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|---|---|---|
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The Wallace Foundation New York, NY | $1,815,949,042 | $114,535,478 |
Stephen A Schwarzman Foundation New York, NY | $124,156,635 | $61,557,254 |
Pepsico Foundation Inc Purchase, NY | $25,033,678 | $1,734,936 |
Foundation Mireille And James Levy Usa New York, NY | $36,878,233 | $277,701 |
The Bat Hanadiv Foundation No 3 New York, NY | $1,717,297,999 | $245,079,951 |
Big East Conference Inc New York, NY | $25,429,264 | $59,716,596 |
Bristol-Myers Squibb Foundation Inc New York, NY | $146,629,708 | $46,784 |
Arnhold Foundation Inc New York, NY | $497,481,101 | $53,665,580 |