Gen Giammanco Foundation is located in Monterey, CA. The organization was established in 2011. 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. Gen Giammanco 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, Gen Giammanco Foundation generated $112.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.8% each year . All expenses for the organization totaled $77.0k during the year ending 12/2022. While expenses have increased by 12.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
DURING THE YEAR, FUNDS WERE RAISED FOR STUDENT ATHLETES, AND SCHOLARSHIPS TO INDIVIDUALS AND GRANTS TO SCHOOL ATHLETIC PROGRAMS WERE MADE.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anna Marie Giammanco President | 2 | $0 | |
Diana Whyte Board Member | 2 | $0 | |
Mary Larronde Secretary | 2 | $0 | |
Gayle Crusan Board Member | 2 | $0 | |
Jean Stivers Board Member | 2 | $0 | |
Francesca Aiello Board Member | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $112,420 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $119 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $112,539 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $150 |
| Other expenses | $8,048 |
| Total expenses | $76,998 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $152,067 |
| Other assets | $0 |
| Total assets | $152,067 |
| Total liabilities | $0 |
| Net assets or fund balances | $152,067 |