Damico Family Foundation Inc
- Assets
- $689.0
- Revenue
- $5.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Gettysburg, PA
- Founding
- 04/2000
- Data as of
- 03/2023
- EIN
- 23-3025052
Organization Overview
Damico Family Foundation Inc is located in Gettysburg, PA. The organization was established in 2000. 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. Damico 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 03/2023, Damico Family Foundation Inc generated $5.0k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.6%) each year. All expenses for the organization totaled $8.2k during the year ending 03/2023. As we would expect to see with falling revenues, expenses have declined by (0.1%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $5,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $2 |
| 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 | $5,002 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $53 |
| Total operating and administrative expenses | $478 |
| Contributions, gifts, grants paid | $7,750 |
| Total expenses and disbursements | $8,228 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $689 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $689 |
| 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 | $16,000 |
| Total liabilities | $16,000 |
Grants Awarded
Over the last fiscal year, Damico Family Foundation Inc has awarded $6,950 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
THE HEIGHTS SCHOOL PURPOSE: PROVIDE EDUCATION IN A CHRISTIAN ENVIRONMENT | $1,000 |
ST PATRICKS CATHOLIC CHURCH PURPOSE: SUPPORT FOR THE CATHOLIC CHURCH TO TEACH BIBLICAL PRINCIPLES | $3,200 |
CHERYL KAY FOUNDATION PURPOSE: MISSION IS TO IMPROVE THE QUALITY OF LIVING AND INDEPENDENCE FOR SENIOR CITIZENS IN FINANCIAL NEED AND FOR WOMEN BATTLING BREAST CANCER. | $500 |
LITTLE SISTERS OF THE POOR PURPOSE: THEIR MISSION IS TO OFFER THE NEEDIEST ELDERLY OF EVERY RACE AND RELIGION A HOME WHERE THEY WILL BE WELCOMED AS CHRIST, CARED FOR AS FAMILY AND ACCOMPANIED WITH DIGINITY UNTIL GOD CALLS THEM TO HIMSELF. | $250 |
CHRISTIAN BROTHERS ADADEMY PURPOSE: PROVIDE EDUCATION IN A CHRISTIAN ENVIRONMENT | $500 |
ST BONAVENTURE UNIVERSITY PURPOSE: SAINT BONAVENTURE, OUR PATRON, TAUGHT THAT THERE IS NO KNOWLEDGE WITHOUT LOVE. IN THIS SPIRIT, WE EDUCATE THE WHOLE OF OUR STUDENTS, THEIR HEARTS AS WELL AS THEIR HEADS, TO SEND THEM FORTH AS PEOPLE FOR OTHERS, PREPARED TO TRANSFORM EVERY CORNER OF THE WORLD THEY CALL HOME BY THE GIFT OF THEIR LIVES. | $500 |