Carriuolo Family Foundation Inc
- Assets
- $557.6k
- Revenue
- $66.0k
- Investments
- $504.2k
- Employees
- 0
- Location
- Falmouth, ME
- Founding
- 02/1983
- Data as of
- 12/2022
- EIN
- 06-1075046
Organization Overview
Carriuolo Family Foundation Inc is located in Falmouth, ME. The organization was established in 1983. 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. Carriuolo 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 12/2022, Carriuolo Family Foundation Inc generated $66.0k 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 (5.3%) each year. All expenses for the organization totaled $69.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Carriuolo Family Foundation Inc has awarded 63 individual grants totaling $281,057. 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.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carol Lynne Carriuolo President | 0.5 | $0 | |
Zoe Abigail Puls Director | 0.5 | $0 | |
Christine Rice Secretary | 0.5 | $0 | |
Victoria Carriuolo Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $50 |
| Interest on Savings | $0 |
| Dividends & Interest | $31,667 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $32,540 |
| Capital Gain Net Income | $32,540 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,746 |
| Total Revenue | $66,003 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,237 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $281 |
| Total operating and administrative expenses | $18,027 |
| Contributions, gifts, grants paid | $51,008 |
| Total expenses and disbursements | $69,035 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $53,398 |
| 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 | $23,879 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $557,557 |
| 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, Carriuolo Family Foundation Inc has awarded $51,008 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
BOSTON UNIVERSITY PURPOSE: FINE ARTS SCHOLARSHIP | $5,000 |
BROWARD EDUCATION FOUNDATION PURPOSE: DESTINATION DORM PROGRAM | $5,000 |
BEST FRIENDS ANIMAL SOCIETY PURPOSE: GENERAL SUPPORT | $5,000 |
CULTIVATING COMMUNITY PURPOSE: GENERAL SUPPORT | $6,000 |
ENVIRONMENTAL DEFENSE FUND PURPOSE: GENERAL SUPPORT | $3,000 |
FROM ALLIANCE BERNSTEIN K-1 PURPOSE: GENERAL SUPPORT | $8 |