Zaccone Family Foundation is located in Hinsdale, IL. The organization was established in 2008. 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. Zaccone Family 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, Zaccone Family Foundation generated $23.9k 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 (7.0%) each year. All expenses for the organization totaled $9.5k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (8.3%) per year over the past 8 years. 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
SUPPORT CANCER RESEARCH
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
| Loretta Zaccone Director | 0 | $0 | |
| Shere Zaccone Director/sec | 0 | $0 | |
| Suzanne Zaccone Director/pre | 0 | $0 | |
| Dominic R Zaccone II Director/vp | 0 | $0 | 
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $15 | 
| Interest on Savings | $0 | 
| Dividends & Interest | $11,245 | 
| Net Rental Income | $0 | 
| Net Gain on Sale of Assets | $12,639 | 
| Capital Gain Net Income | $6,311 | 
| Net ST Capital Gain | $0 | 
| Income Modifications | $0 | 
| Profit on Inventory Sales | $0 | 
| Other Income | $0 | 
| Total Revenue | $23,899 | 
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 | 
| Other employee salaries and wages | $0 | 
| Pension plans, employee benefits | $0 | 
| Interest | $0 | 
| Taxes | $574 | 
| Depreciation | $0 | 
| Occupancy | $0 | 
| Travel, conferences, and meetings | $0 | 
| Printing and publications | $0 | 
| Other expenses | $1,149 | 
| Total operating and administrative expenses | $9,528 | 
| Contributions, gifts, grants paid | $0 | 
| Total expenses and disbursements | $9,528 | 
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,471 | 
| Savings and temporary cash investments | $628 | 
| 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 | $535,588 | 
| 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, Zaccone Family Foundation has awarded $21,666 in support to 2 organizations.
| Grant Recipient | Amount | 
|---|---|
| UNIVERSITY OF CHICAGO PURPOSE: CANCER RESEARCH | $16,666 | 
| GILDAS CLUB CHICAGO PURPOSE: CANCER SUPPORT ORGANIZATION | $5,000 |