Neil And Sandra Defeo Family Foundation is located in Sarasota, FL. The organization was established in 2010. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Neil And Sandra Defeo 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.
Since 2015, Neil And Sandra Defeo Family Foundation has awarded 202 individual grants totaling $1,796,900. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONTRIBUTIONS MADE TO VARIOUS NON-PROFIT ORGANIZATIONS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Neil Defeo Director | 1 | $0 | |
Sandra Defeo Director | 2 | $0 | |
Elizabeth Defeo Director | 3 | $0 | |
Lauren Defeo Duchene Director | 3 | $0 | |
Julia Defeo Swan Director | 3 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $83 |
| Dividends & Interest | $145,628 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$248,686 |
| Capital Gain Net Income | $719 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$102,975 |
| 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 | $0 |
| Total operating and administrative expenses | $50,276 |
| Contributions, gifts, grants paid | $167,500 |
| Total expenses and disbursements | $217,776 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,402 |
| Savings and temporary cash investments | $0 |
| 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 | $197,651 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,255,332 |
| 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, Neil And Sandra Defeo Family Foundation has awarded $167,500 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
SPECIAL OLYMPICS FUND PURPOSE: COMMUNITY NEEDS | $10,000 |
PROSTATE CANCER FOUNDATION PURPOSE: MEDICAL | $75,000 |
SARASOTA BALLET PURPOSE: ARTS | $15,000 |
SARASOTA ORCHESTRA PURPOSE: ARTS | $10,000 |
SARASOTA OPERA PURPOSE: ARTS | $10,000 |
ASOLO REPERTORY THEATER PURPOSE: ARTS | $5,000 |