The Ascienzo Family Foundation

Organization Overview

The Ascienzo Family Foundation is located in Lake Katrine, NY. The organization was established in 2015. 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. Ascienzo 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 12/2021, Ascienzo Family Foundation generated $272.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.2%) each year. All expenses for the organization totaled $432.4k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2016, Ascienzo Family Foundation has awarded 218 individual grants totaling $1,679,513. 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.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

N/A


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $59,192
Interest on Savings $4
Dividends & Interest $9,612
Net Rental Income$0
Net Gain on Sale of Assets $203,991
Capital Gain Net Income $259,323
Net ST Capital Gain $5,439
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $272,799

Grants Awarded

Over the last fiscal year, The Ascienzo Family Foundation has awarded $401,813 in support to 43 organizations.

Grant RecipientAmount

RED HOOK RESPONDS

PURPOSE: ONGOING FOOD SOURCINGFOR PANDEMIC RELATED NEEDS

$105,500

BOYS AND GIRLS CLUB ULSTER COUNTY

PURPOSE: AFTER SCHOOL PROGRAMMING

$20,200

LEARNSERVE

PURPOSE: MENTOR PROGRAM YOUNG KIDS

$20,000

RED HOOK COMMUNITY CENTER

Org PageRecipient Profile

Red Hook, NY

PURPOSE: ADULT AND TEEN PROGRAMMING

$16,320

Rhinebeck, NY

PURPOSE: LANGUAGE INCLUSION PROGRAM

$15,000

BROTHERS

PURPOSE: MENTOR-MENTEE PROGRAM

$12,500
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 2 grants that The Ascienzo Family Foundation has recieved totaling $4,500.

Awarding OrganizationAmount
Hudson Valley Foundation For Youth Health Inc

Kingston, NY

PURPOSE: HOLIDAY HUNGER BAG

$2,500
Organization Name not Listed

PURPOSE: SUPPORT OF RED HOOK RESPONDS INC. WHICH ASSIST'S RED HOOK COMMUNITY MEMBERS.

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$2,000
View Grant Recipient Profile

Peer Organizations

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