Ciferri Family Foundation Inc
- Assets
- $696.1k
- Revenue
- $86.4k
- Investments
- $598.7k
- Employees
- 0
- Location
- Palm City, FL
- Founding
- 04/2008
- Data as of
- 12/2023
- EIN
- 26-1905307
Organization Overview
Ciferri Family Foundation Inc is located in Palm City, FL. 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. Ciferri 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 12/2023, Ciferri Family Foundation Inc generated $86.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (9.1%) each year. All expenses for the organization totaled $55.3k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Ciferri Family Foundation Inc has awarded 130 individual grants totaling $286,998. 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 |
|---|---|---|---|
Michael F Ciferri Director | 0.5 | $0 | |
Renee Ciferri President | 0.5 | $0 | |
Danielle Meira Vice President | 0.5 | $0 | |
Katy Scott Treasurer | 0.5 | $0 | |
Jessica Ciferri Secretary | 0.5 | $0 | |
Michael Ciferri Jr Asst. Secretary | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $48,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $33,558 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $4,830 |
| Capital Gain Net Income | $4,830 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $86,388 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,008 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $8,344 |
| Contributions, gifts, grants paid | $46,950 |
| Total expenses and disbursements | $55,294 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1 |
| Savings and temporary cash investments | $97,402 |
| 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 | $696,133 |
| 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 |
Grants Awarded
Over the last fiscal year, Ciferri Family Foundation Inc has awarded $46,950 in support to 23 organizations.
| Grant Recipient | Amount |
|---|---|
4K KIDS TREASURE COAST PURPOSE: PURPOSE IS TO BRING HOPE, HOMES, AND HEALING TO KIDS AND FAMILIES IN CRISIS ACROSS SOUTHWEST FLORIDA | $1,000 |
BIG DOG RANCH PURPOSE: HELP REHOMED PETS THROUGH ADOPTION PROGRAMS AND OTHER SERVICES | $250 |
BOYS AND GIRLS CLUB OF MARTIN COUNTY PURPOSE: TO ENABLE ALL YOUTH TO REACH FULL POTENTIAL AS RESPONSIBLE, PRODUCTIVE, CARING CITIZENS | $4,000 |
CAMP CASEY PURPOSE: HORSEBACK RIDING PROGRAM FOR CHILDREN WITH CANCER AND DISEASES | $13,000 |
CARING CHILDREN CLOTHING PURPOSE: PROVIDE TOP QUALITY, GENTLY USED CLOTHING AND A HELPING HAND TOWARDS LITERACY TO UNDERPRIVILEGED CHILDREN IN MARTIN COUNTY, FLORIDA | $1,000 |
DIOCESE OF PALM BEACH PURPOSE: TO PROVIDE FINANCIAL AID TO THE SOUTHEASTERN FLORIDA CATHOLIC DIOCESE FAMILIES | $500 |