Ettore Richard Derosa Jr Foundation
- Assets
- $2.2m
- Revenue
- -$22.3k
- Investments
- $2.2m
- Employees
- 0
- Location
- Reno, NV
- Founding
- 04/2011
- Data as of
- 12/2023
- EIN
- 27-5551577
Organization Overview
Ettore Richard Derosa Jr Foundation is located in Reno, NV. The organization was established in 2011. 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. Ettore Richard Derosa Jr 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 2021, Ettore Richard Derosa Jr Foundation has awarded 25 individual grants totaling $327,600. 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 |
|---|---|---|---|
June L Cox President | 1 | $6,500 | |
Jeffrey R Jennison Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $719 |
| Dividends & Interest | $76,019 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$99,057 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$22,319 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $6,500 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $23 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $25,023 |
| Total operating and administrative expenses | $37,194 |
| Contributions, gifts, grants paid | $120,600 |
| Total expenses and disbursements | $157,794 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $15,490 |
| 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 | $2,232,646 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,248,136 |
| 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, Ettore Richard Derosa Jr Foundation has awarded $120,600 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
BLIND CHILDRENS CENTER PURPOSE: TO PREPARE INFANTS, TODDLERS, AND PRESCHOOLERS OF ALL ABILITIES TO THRIVE THROUGH INCLUSIVE, FAMILY-FOCUSED EARLY CHILDHOOD EDUCATION, WITH A SPECIALIZED FOCUS ON CHILDREN WHO ARE BLIND OR VISUALLY IMPAIRED. | $10,000 |
CATHEDRAL CATHOLIC HIGH SCHOOL PURPOSE: TO NURTURE IN ITS STUDENTS THE FOUR CORE VALUES OF CHARACTER, FAITH, KNOWLEDGE AND RESPONSIBITY. | $2,500 |
FAMILIES OF SPINAL MUSCULAR ATROPHY DBA CURE SMA PURPOSE: TO FIND A CURE FOR SPINAL MUSCULAR ATROPHY, THE NUMBER ONE GENETIC CAUSE. | $25,000 |
MARYMOUNT HIGH SCHOOL PURPOSE: TO EDUCATE WITH THE PURPOSE OF SHAPING YOUNG WOMEN TO BECOME LEADERS OF THE FUTURE WHO WILL ENACT CHANGE FOR THE COMMON GOOD. | $2,500 |
GRACE SCIENCE FOUNDATION PURPOSE: TO SUPPORT AND FUND THE DEVELOPMENT OF LIFE-SAVING TREATMENT FOR PATIENTS THAT ARE DEFICIENT IN THE N-GLYCANESE ENZYME AND THOSE SUFFERING FROM RELATED GENETIC DISEASES. | $15,000 |
ST ALBERT THE GREAT CATHOLIC SCHOOL PURPOSE: TO SUPPORT THE CHALLENGING OF THE WHOLE CHILD TO GROW SPIRITUALLY, PSYCHOLOGICALLY, INTELLECTUALLY, PHYSICALLY, AND SOCIALLY. | $8,600 |