Piemonte Foundation
- Assets
- $1.3m
- Revenue
- $42.1k
- Investments
- $1.3m
- Employees
- 0
- Location
- Newport Beach, CA
- Founding
- 05/1997
- Data as of
- 11/2021
- EIN
- 33-0687534
Organization Overview
Piemonte Foundation is located in Newport Beach, CA. The organization was established in 1997. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., 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. Piemonte 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 11/2021, Piemonte Foundation generated $42.1k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.7%) each year. All expenses for the organization totaled $89.9k during the year ending 11/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Piemonte Foundation has awarded 147 individual grants totaling $365,195. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE - NO DIRECT CHARITABLE ACTIVITIES ARE BEING UNDERTAKEN BY THIS FOUNDATION
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John M Aschieris President/director | 1 | $0 | |
Michael S Aschieris V-Pres/director | 1 | $0 | |
Ronald A Aschieris Asst Sec/director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $24,282 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $17,831 |
| Capital Gain Net Income | $17,831 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $42,113 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $453 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $16,256 |
| Total operating and administrative expenses | $18,759 |
| Contributions, gifts, grants paid | $71,183 |
| Total expenses and disbursements | $89,942 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $20,661 |
| 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 | $1,312,017 |
| 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, Piemonte Foundation has awarded $71,183 in support to 36 organizations.
| Grant Recipient | Amount |
|---|---|
USC - ORTHODONTIC DEPARTMENT OF THE OSTROW SCHOOL OF DENTISTRY PURPOSE: GENERAL FUND | $16,250 |
Long Beach, CA PURPOSE: GENERAL FUND | $10,000 |
Newport Beach, CA PURPOSE: GENERAL FUND | $10,000 |
Santa Ana, CA PURPOSE: GENERAL FUND | $10,000 |
PEO CHAPTER AB PURPOSE: GENERAL FUND | $10,000 |
LOYOLA HIGH SCHOOL PURPOSE: GENERAL FUND | $2,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Cal Poly Pomona Philanthropic Foundation Pomona, CA | $212,751,456 | $20,250,176 |
Intuitive Foundation Sunnyvale, CA | $66,087,520 | $30,041,225 |
Cal State Fullerton Philanthropic Foundation Fullerton, CA | $185,411,080 | $61,222,330 |
The Center For Common Concerns Inc San Francisco, CA | $4,578,561 | $9,221,724 |
Lacentra-Sumerlin Foundation Santa Barbara, CA | $23,655,418 | $9,034,857 |
Nevada H A N D Inc Las Vegas, NV | $77,122,058 | $13,558,861 |
Los Angeles Brotherhood Crusade - Black United Fund Inc Los Angeles, CA | $11,518,152 | $7,122,704 |
Ninos Latinos Unidos Foster Family Agency Bellflower, CA | $3,255,645 | $6,207,449 |
Earn Inc San Francisco, CA | $4,666,013 | $6,096,745 |
Inland Empire United Way Rancho Cucamonga, CA | $4,505,450 | $6,854,320 |
Partners In School Innovation San Francisco, CA | $2,518,159 | $5,628,468 |
Hana Health Hana, HI | $10,875,006 | $7,205,224 |