Privitera Family Charitable Foundation
- Assets
- $1.2m
- Revenue
- $6.4k
- Investments
- $102.2k
- Employees
- 0
- Location
- Watertown, MA
- Founding
- 05/2001
- Data as of
- 12/2022
- EIN
- 04-3493854
Organization Overview
Privitera Family Charitable Foundation is located in Watertown, MA. The organization was established in 2001. 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. Privitera Family Charitable 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, Privitera Family Charitable Foundation generated $6.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (39.2%) each year. All expenses for the organization totaled $103.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Privitera Family Charitable Foundation has awarded 32 individual grants totaling $238,925. 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 |
|---|---|---|---|
Andrea Privitera Trustee | 0 | $0 | |
Toni-Ann Privitera Trustee | 0 | $0 | |
Francis D Privitera Trustee | 0 | $0 | |
Jeannine Privitera Trustee | 0 | $0 | |
Francis D Privitera Jr Trustee | 0 | $0 | |
Philip J Privitera Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,722 |
| Dividends & Interest | $4,676 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $7,292 |
| Net ST Capital Gain | $5,607 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $6,398 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $59 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $2,506 |
| Contributions, gifts, grants paid | $100,500 |
| Total expenses and disbursements | $103,006 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,092,328 |
| 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 | $102,233 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,194,561 |
| 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, Privitera Family Charitable Foundation has awarded $100,500 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
BOSTON COLLEGE LAW SCHOOL PURPOSE: DONATION | $27,500 |
GRAND LODGE OF MASONS IN MA PURPOSE: DONATION | $10,000 |
COLBY COLLEGE PURPOSE: DONATION | $26,000 |
MA BAR FOUNDATION PURPOSE: DONATION | $1,000 |
SONS OF ITALY FOUNDATION - CA WESTERN PURPOSE: DONATION | $10,000 |
OLD WEST END HOUSING CORPORATION PURPOSE: DONATION | $2,000 |