Pamela F And Robert J Morganti Charitable Foundation
- Assets
- $18.6m
- Revenue
- $15.7m
- Investments
- $18.4m
- Employees
- 0
- Location
- Garden City, NY
- Founding
- 08/2014
- Data as of
- 12/2022
- EIN
- 46-6702836
Organization Overview
Pamela F And Robert J Morganti Charitable Foundation is located in Garden City, NY. The organization was established in 2014. 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. Pamela F And Robert J Morganti Charitable 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, Pamela F And Robert J Morganti Charitable Foundation generated $15.7m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 27.5% each year . All expenses for the organization totaled $358.3k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Pamela F And Robert J Morganti Charitable Foundation has awarded 18 individual grants totaling $3,950,000. 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 |
|---|---|---|---|
Thomas F Reynolds Co-Trustee | 1 | $13,730 | |
Rex E Gustafson Co-Trustee | 1 | $13,730 | |
Bessemer Trust Company Na Co-Trustee | 1 | $72,231 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $15,639,714 |
| Interest on Savings | $0 |
| Dividends & Interest | $202,312 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$96,420 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $15,745,606 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $99,696 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,121 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,430 |
| Total operating and administrative expenses | $108,347 |
| Contributions, gifts, grants paid | $250,000 |
| Total expenses and disbursements | $358,347 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $162,499 |
| Net Accounts receivable | $5,414 |
| 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 | $18,591,480 |
| 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, Pamela F And Robert J Morganti Charitable Foundation has awarded $250,000 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
BOYS AND GIRLS CLUB RIDGEFIELD PURPOSE: GENERAL PURPOSE | $20,000 |
FOUNDERS HALL PURPOSE: GENERAL FUNDS | $25,000 |
DANBURY HOSPITAL PURPOSE: GENERAL FUNDS | $20,000 |
LOUNSBURY HOUSERIDGEFIELD VETERANS PURPOSE: GENERAL PURPOSE | $20,000 |
MEALS ON WHEELS PURPOSE: GENERAL FUNDS | $20,000 |
RIDGEFIELD LIBRARY AND HISTORICAL ASSOCIATION PURPOSE: GENERAL PURPOSE | $20,000 |