James Previti Family Foundation
- Assets
- $275.1k
- Revenue
- $3.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Carlsbad, CA
- Founding
- 07/1998
- Data as of
- 12/2023
- EIN
- 33-0795065
Organization Overview
James Previti Family Foundation is located in Carlsbad, CA. The organization was established in 1998. 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. James Previti 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.
For the year ending 12/2023, James Previti Family Foundation generated $3.2k 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 (32.6%) each year. All expenses for the organization totaled $478.4k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, James Previti Family Foundation has awarded 116 individual grants totaling $2,777,183. 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 |
|---|---|---|---|
James P Previti Director & Chairmain & President | 0.25 | $0 | |
Roberta Kathryn Previti Director & Treasurer & Secretary | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $27,227 |
| Interest on Savings | $17 |
| Dividends & Interest | $2,620 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$26,668 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $3,196 |
| 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 | $53,891 |
| Total operating and administrative expenses | $53,891 |
| Contributions, gifts, grants paid | $424,500 |
| Total expenses and disbursements | $478,391 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $217,231 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $57,820 |
| Total assets | $275,051 |
| 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, James Previti Family Foundation has awarded $424,500 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
THE SEBA CHARITY FUND PURPOSE: COMMUNITY OUTREACH | $5,000 |
NEW HAVEN YOUTH AND FAMILY SERVICES PURPOSE: COMMUNITY OUTREACH | $10,000 |
COURT APPOINTED SPECIAL ADVOCATES OF ORANGE COUNTY PURPOSE: COMMUNITY OUTREACH | $100,000 |
SEGERSTROM CENTER FOR THE ARTS PURPOSE: COMMUNUNIY OUTREACH | $53,000 |
EISENHOWER MEDICAL CENTER FOUNDATION PURPOSE: HEALTHCARE | $100,000 |
ONE RECOVERY PURPOSE: COMMUNITY OUTREACH | $25,000 |