Columbus Citizens Foundation Inc

Organization Overview

Columbus Citizens Foundation Inc is located in New York, NY. The organization was established in 1949. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Columbus Citizens Foundation Inc employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Columbus Citizens 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 12/2021, Columbus Citizens Foundation Inc generated $6.0m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $4.4m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2018, Columbus Citizens Foundation Inc has awarded 27 individual grants totaling $438,500. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PERPETUATE & HONOR SIGNIFICANCE OF THE DISOCVERY OF AMERICA BY CHRISTOPHER COLUMBUS

Describe the Organization's Program Activity:

Part 3 - Line 4a

SCHOLARSHIP PROGRAM


COLUMBUS CELEBRATION


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Board, Officers & Key Employees

Name (title)Compensation
Lisa Ackerman
Executive Director
$289,583
Marian Pardo
President
$0
Anthony Giordano
Secretary
$0
Michael Pedone
Vice President
$0
Claudio Devellis
Treasurer
$0
Angelo Vivolo
Chair
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$2,140,336
Fundraising events$2,117,628
Related organizations$0
Government grants $372,069
All other contributions, gifts, grants, and similar amounts not included above$495,950
Noncash contributions included in lines 1a–1f $109,807
Total Revenue from Contributions, Gifts, Grants & Similar$5,125,983
Total Program Service Revenue$0
Investment income $1,174,872
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $279,600
Net Gain/Loss on Asset Sales $322,598
Net Income from Fundraising Events -$859,244
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $6,043,809

Grants Awarded

Over the last fiscal year, Columbus Citizens Foundation Inc has awarded $143,500 in support to 6 organizations.

Grant RecipientAmount

ANDREA BOCELLI FOUNDATION

Org PageRecipient Profile

Mankato, MN

PURPOSE: SCHOLARSHIP

$86,600

New Rochelle, NY

PURPOSE: SCHOLARSHIP

$15,000

ITALIAN HERITAGE & CULTURE COMMITTEE

Org PageRecipient Profile

New York, NY

PURPOSE: SCHOLARSHIP

$12,500

COOLEY'S ANEMIA FOUNDATION

Org PageRecipient Profile

New York, NY

PURPOSE: SCHOLARSHIP

$12,000

Maplewood, NJ

PURPOSE: SCHOLARSHIP

$12,000

GRANTMAKERS FOR EDUCATION

Org PageRecipient Profile

Portland, OR

PURPOSE: SCHOLARSHIP

$5,400
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Columbus Citizens Foundation Inc has recieved totaling $4,000.

Awarding OrganizationAmount
John W Hill Hill And Knowlton Foundation

New York, NY

PURPOSE: TO SUPPORT COLUMBUS CITIZENS FOUNDATION

$4,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$18,453,992
Earnings$1,759,711
Net Contributions$235,000
Other Expense$385,850
Ending Balance$20,062,853

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