Nonami Foundation Inc
- Assets
- $6.2m
- Revenue
- $104.8k
- Investments
- $5.6m
- Employees
- 0
- Location
- Atlanta, GA
- Founding
- 08/2007
- Data as of
- 12/2022
- EIN
- 20-8083384
Organization Overview
Nonami Foundation Inc is located in Atlanta, GA. The organization was established in 2007. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Nonami 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, Nonami Foundation Inc generated $104.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (34.6%) each year. All expenses for the organization totaled $153.9k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Nonami Foundation Inc has awarded 33 individual grants totaling $1,498,291. 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 |
|---|---|---|---|
Lillian C Giornelli Director/president | 0 | $0 | |
Gregory J Giornelli Director/vice President | 0 | $0 | |
Tiffany Padolsky Secretary/treasurer | 0 | $0 | |
Amy Clarke Asst. Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,427 |
| Dividends & Interest | $102,624 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $729 |
| Capital Gain Net Income | $729 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $10 |
| Total Revenue | $104,790 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $99 |
| Taxes | $1,333 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $78,679 |
| Total operating and administrative expenses | $109,678 |
| Contributions, gifts, grants paid | $44,250 |
| Total expenses and disbursements | $153,928 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $450,214 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $16,000 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $127,288 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,950,192 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $6,159,736 |
| 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 | $2,500 |
| Total liabilities | $2,500 |
Grants Awarded
Over the last fiscal year, Nonami Foundation Inc has awarded $158,300 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
CROSSNORE COMMUNITIES FOR CHILDREN PURPOSE: CHARITY | $55,000 |
ALL SAINTS EPISCOPAL CHURCH PURPOSE: CHARITY | $51,500 |
PENLAND SCHOOL OF CRAFTS PURPOSE: EDUCATION | $30,000 |
PURPOSE BUILT COMMUNITIES FOUNDATION PURPOSE: CHARITY | $10,000 |
APPALACHIAN STATE UNIVERSITY FOUNDATION PURPOSE: EDUCATION | $5,800 |
THE COMMUNITY FOUNDATION FOR GREATER ATLANTA PURPOSE: CHARITY | $2,500 |