Francis P Chiaramonte Md Family Foundation Inc
- Assets
- $42.1m
- Revenue
- $2.0m
- Investments
- $41.2m
- Employees
- 0
- Location
- Alexandria, VA
- Founding
- 05/2016
- Data as of
- 12/2020
- 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 12/2020, Francis P Chiaramonte MD Family Foundation Inc generated $2.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (5.0%) each year. All expenses for the organization totaled $2.3m during the year ending 12/2020. 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 389 individual grants totaling $9,086,702. 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 |
|---|---|---|---|
Mark S Chiaramonte Vice- President | 1 | $0 | |
Cathe Chiaramonte Secretary | 1 | $0 | |
Francis P Chiaramonte III President | 1 | $0 | |
Michael J Chiaramonte Director | 1 | $0 | |
Claire Chiaramonte Wagner Treasurer | 1 | $0 | |
Dorothy A Chiaramonte Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,071,051 |
| Dividends & Interest | $216,913 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $700,549 |
| Capital Gain Net Income | $700,549 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $62 |
| Total Revenue | $1,988,575 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,061 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $24,902 |
| Total operating and administrative expenses | $44,573 |
| Contributions, gifts, grants paid | $2,285,000 |
| Total expenses and disbursements | $2,329,573 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $905,508 |
| 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 | $42,064,981 |
| 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 $2,285,000 in support to 81 organizations.
| Grant Recipient | Amount |
|---|---|
Kensington, MD PURPOSE: GENERAL SUPPORT | $265,000 |
Annapolis, MD PURPOSE: GENERAL SUPPORT | $150,000 |
Washington, DC PURPOSE: GENERAL SUPPORT | $120,000 |
CONCERNED WOMEN FOR AMERICA PURPOSE: GENERAL SUPPORT | $110,000 |
ST STEVENS & ST AGNES SCHOOL PURPOSE: GENERAL SUPPORT | $100,000 |
SOCIETE GENERALE FOUNDATION SOLIDARITE PURPOSE: GENERAL SUPPORT | $85,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Camber Foundation Durham, NC | $143,536,160 | $30,406,277 |
Operation Sharing Tennessee Oneida, TN | $4,077,173 | $16,068,695 |
Merit America Washington, DC | $16,787,375 | $11,449,992 |
Regional Addicition Prevention Inc Washington, DC | $8,257,247 | $5,252,185 |
Johnny Mac Soldiers Fund Inc Ashburn, VA | $3,599,907 | $5,224,033 |
Ujft Community Campus L L C Virginia Beach, VA | $22,712,202 | $1,877,122 |
Generations Inc Memphis, TN | $2,391,169 | $2,284,255 |
Francis P Chiaramonte Md Family Foundation Inc Alexandria, VA | $42,064,981 | $1,988,575 |
Cornerstone Of Hope Inc Paducah, KY | $781,400 | $2,454,747 |
Foundation For Financial Planning Inc Washington, DC | $30,168,381 | $3,652,624 |
A Step Ahead Foundation Inc Memphis, TN | $3,137,526 | $2,423,176 |
Autozoner Assistance Fund Inc Memphis, TN | $1,988,697 | $1,522,560 |