Francis P Chiaramonte Md Family Foundation Inc
- Assets
- $41.1m
- Revenue
- $1.9m
- Investments
- $40.4m
- Employees
- 0
- Location
- Alexandria, VA
- Founding
- 05/2016
- Data as of
- 12/2022
- EIN
- 46-4423662
Organization Overview
Francis P Chiaramonte Md Family Foundation Inc is located in Alexandria, VA. The organization was established in 2016. According to its NTEE Classification (P12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Francis P Chiaramonte MD Family Foundation Inc 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, Francis P Chiaramonte MD Family Foundation Inc generated $1.9m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (4.3%) each year. All expenses for the organization totaled $2.8m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Francis P Chiaramonte MD Family Foundation Inc has awarded 578 individual grants totaling $14,146,736. 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 |
|---|---|---|---|
Francis P Chiaramonte III President | 1 | $0 | |
Claire Chiaramonte Wagner Treasurer | 1 | $0 | |
Cathe Chiaramonte Secretary | 1 | $0 | |
Mark S Chiaramonte Vice- President | 1 | $0 | |
Michael J Chiaramonte Director | 1 | $0 | |
Dorothy A Chiaramonte Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $695,236 |
| Dividends & Interest | $412,382 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $793,677 |
| Capital Gain Net Income | $793,677 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $920 |
| Total Revenue | $1,902,215 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $44,785 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $88,427 |
| Total operating and administrative expenses | $394,714 |
| Contributions, gifts, grants paid | $2,356,200 |
| Total expenses and disbursements | $2,750,914 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $652,458 |
| 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 | $531,765 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $41,100,000 |
| 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, Francis P Chiaramonte Md Family Foundation Inc has awarded $2,356,200 in support to 87 organizations.
| Grant Recipient | Amount |
|---|---|
ABBOT PUBLIC LIBRARY FOUNDATION PURPOSE: GENERAL SUPPORT | $25,000 |
AMERICAN RED CROSS PURPOSE: GENERAL SUPPORT | $20,000 |
ALLIANCE DEFENSE FUND PURPOSE: GENERAL SUPPORT | $50,000 |
AMISSVILLE FIRE DEPARTMENT PURPOSE: GENERAL SUPPORT | $5,000 |
ASPEN HISTORICAL SOCIETY PURPOSE: GENERAL SUPPORT | $5,000 |
ARCHDIOCESE OF WASHINGTON PURPOSE: GENERAL SUPPORT | $5,000 |