Dominic Zaccone Mem Scholarship Fdn Tr is located in Pittsburgh, PA. The organization was established in 2007. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dominic Zaccone Mem Scholarship Fdn Tr 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 12/2023, Dominic Zaccone Mem Scholarship Fdn Tr generated $18.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (8.3%) each year. All expenses for the organization totaled $48.9k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Dominic Zaccone Mem Scholarship Fdn Tr has awarded 58 individual grants totaling $318,769. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
ISSUED SCHOLARSHIPS TO 10 INDIVIDUALS FOR STUDY AT VARIOUS INSTITUTIONS
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $19,447 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$1,713 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $695 |
| Total Revenue | $18,429 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $10,716 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $165 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,703 |
| Total operating and administrative expenses | $14,584 |
| Contributions, gifts, grants paid | $34,269 |
| Total expenses and disbursements | $48,853 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $28,351 |
| 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 | $711,502 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $739,853 |
| 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 |
Over the last fiscal year, Dominic Zaccone Mem Scholarship Fdn Tr has awarded $34,269 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
ANTHONY IMPERATORE PURPOSE: SCHOLARSHIP | $5,439 |
ISABELLA MCNAMEE PURPOSE: SCHOLARSHIP | $5,439 |
ARMAAN SANGHAVI PURPOSE: SCHOLARSHIP | $4,895 |
JAYDEN QUASHIE PURPOSE: SCHOLARSHIP | $2,720 |
DAEJHA WILLIAMS PURPOSE: SCHOLARSHIP | $3,264 |
VICTORIA LAWRENCE PURPOSE: SCHOLARSHIP | $3,264 |