Camargo Foundation is located in Saint Paul, MN. The organization was established in 1968. 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. Camargo 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, Camargo Foundation generated $575.3k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.2%) each year. All expenses for the organization totaled $932.1k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CAMARGO FOUNDATION, FOUNDED BY ARTIST AND PHILANTHROPIST JEROME HILL AND LOCATED IN CASSIS, FRANCE, IS A RESIDENTIAL CENTER. IT PROVIDES TIME AND SPACE FOR ARTISTS, SCHOLARS, SCIENTISTS AND THINKERS TO THINK, CREATE, AND CONNECT. THE FOUNDATION'S CAMPUS INCLUDES TWELVE FURNISHED APARTMENTS, A LIBRARY, AN OPEN-AIR THEATER, AN ARTIST'S STUDIO WITH DARKROOM AND A COMPOSER'S STUDIO. THE PRINCIPAL INSTRUMENT FOR PURSUING THIS MISSION IS THE CAMARGO FELLOWSHIP PROGRAM, WHICH OFFERS RESIDENCIES TO NINE ARTISTS AND NINE SCHOLARS & THINKERS, CHOSEN FROM THE MAIN PROGRAM "CAMARO FELLOWSHIP" RECEIVES AROUND 1000 APPLICATIONS EVERY YEAR, FOR UP TO 10 WEEKS EACH FALL AND SPRING. THE FOUNDATION WELCOMES INDIVIDUALS INCLUDING ARTISTS IN ANY DISCIPLINE AND SCHOLARS & THINKERS, INCLUDING BOTH ADVANCED STUDENTS AND FACULTY FROM ANY COUNTRY WHOSE AREA OF INVESTIGATION EMBRACES HUMANITIES IN GENERAL, INCLUDING CROSSCULTURAL STUDIES THAT ENGAGE THE CULTURES AND INFLUENCES OF THE MEDITERRANEAN REGION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Calogero Salvo Chair | 2 | $0 | |
Christopher Apgar Vice Chair | 2 | $0 | |
Sara Maud Lydiatt-Vanier Treasurer | 2 | $0 | |
Gordana Pavlovic Secretary | 2 | $0 | |
Carlyle Brown Trustee | 2 | $0 | |
Patricia Hampl Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $192,694 |
Interest on Savings | $0 |
Dividends & Interest | $358,471 |
Net Rental Income | $16,407 |
Net Gain on Sale of Assets | -$2,185 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $9,886 |
Total Revenue | $575,273 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $34,459 |
Interest | $0 |
Taxes | $0 |
Depreciation | $133,231 |
Occupancy | $28,775 |
Travel, conferences, and meetings | $22,484 |
Printing and publications | $2,759 |
Other expenses | $79,672 |
Total operating and administrative expenses | $451,794 |
Contributions, gifts, grants paid | $480,341 |
Total expenses and disbursements | $932,135 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,019,373 |
Savings and temporary cash investments | $21,130 |
Net Accounts receivable | $0 |
Net Pledges Receivable | $111,219 |
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 | $13,968,871 |
Net Land, buildings, and equipment | $1,287,347 |
Other assets | $0 |
Total assets | $16,407,940 |
Accounts payable and accrued expenses | $126,044 |
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 | $126,044 |