Henry Salvatori Family Foundation
- Assets
- $1.8m
- Revenue
- $54.6k
- Investments
- $1.7m
- Employees
- 0
- Location
- Naples, FL
- Founding
- 12/1998
- Data as of
- 12/2023
- EIN
- 04-6876731
Organization Overview
Henry Salvatori Family Foundation is located in Naples, FL. The organization was established in 1998. 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. Henry Salvatori Family 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 12/2023, Henry Salvatori Family Foundation generated $54.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (9.2%) each year. All expenses for the organization totaled $164.3k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Henry Salvatori Family Foundation has awarded 100 individual grants totaling $1,299,800. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $175 |
| Dividends & Interest | $54,413 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $54,588 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $35 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $13,807 |
| Contributions, gifts, grants paid | $150,500 |
| Total expenses and disbursements | $164,307 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $59,368 |
| 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 | $751,415 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $3,198 |
| Total assets | $1,798,556 |
| 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, Henry Salvatori Family Foundation has awarded $150,500 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
ARTISTS ASSOCIATION OF NANTUCKET PURPOSE: GENERAL CONTRIBUTION | $10,000 |
DUKE UNIVERSITY PURPOSE: GENERAL CONTRIBUTION | $5,000 |
NAPLES WOMENS CLUB PURPOSE: GENERAL CONTRIBUTION | $9,000 |
NANTUCKET COTTAGE HOSPITAL PURPOSE: GENERAL CONTRIBUTION | $50,000 |
NANTUCKET HISTORICAL ASSOCIATION PURPOSE: GENERAL CONTRIBUTION | $5,000 |
THE LEAGUE CLUB NAPLES PURPOSE: GENERAL CONTRIBUTION | $15,000 |