Pitts Family Foundation is located in Naples, FL. The organization was established in 2014. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pitts 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 12/2022, Pitts Family Foundation generated $226.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $203.3k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Pitts Family Foundation has awarded 56 individual grants totaling $1,896,800. 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.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James F Pitts Trustee | 1 | $0 | |
Frances K Pitts Trustee | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $12,245 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $210,581 |
| Capital Gain Net Income | $210,581 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $3,939 |
| Total Revenue | $226,765 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $6,500 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $25 |
| Total operating and administrative expenses | $22,053 |
| Contributions, gifts, grants paid | $181,200 |
| Total expenses and disbursements | $203,253 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $132,950 |
| 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 | $1,143,645 |
| 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, Pitts Family Foundation has awarded $181,200 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
BASILICA OF SAINT LAWRENCE PURPOSE: GENERAL SUPPORT | $15,000 |
CAROLINE CENTER PURPOSE: GENERAL SUPPORT | $1,000 |
CARROLL HOSPITAL AUXILARY PURPOSE: GENERAL SUPPORT | $21,000 |
GREATER BALTIMORE MEDICAL CENTER PURPOSE: GENERAL SUPPORT | $25,000 |
OBLATES OF ST FRANCIS DESALES PURPOSE: GENERAL SUPPORT | $6,200 |
PENN-MAR HUMAN SERVICES PURPOSE: GENERAL SUPPORT | $12,500 |