Citrone Foundation Inc
- Assets
- $138.4k
- Revenue
- $645.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Norwalk, CT
- Founding
- 06/2015
- Data as of
- 12/2022
- EIN
- 47-3375379
Organization Overview
Citrone Foundation Inc is located in Norwalk, CT. 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. Citrone 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, Citrone Foundation Inc generated $645.3k 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 (26.3%) each year. All expenses for the organization totaled $684.1k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Citrone Foundation Inc has awarded 228 individual grants totaling $4,383,126. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO SUPPORT EMBRACE PITTSBURGH IN ITS MISSION TO CHAMPION MENTAL STRENGTH THROUGHOUT THE PITTSBURGH REGION TO HELP PEOPLE LIVE HAPPIER AND HEALTHIER LIVES.
UNPACK U FOSTERS A CULTURE OF PHYSICAL AND VIRTUAL CAMPUS COMMUNITY EMPHASIZING THE IMPORTANCE OF MENTAL WELL-BEING THROUGH COMMUNITY AND A STRATEGIC NETWORK OF PARTNERS. LAUNCHING IN PITTSBURGH, UNPACK U LEVERAGES THE COMMITMENT OF 11 LOCAL UNIVERSITIES TO INCUBATE IMPLEMENT INNOVATIVE PROGRAMMING AND EDUCATIONAL OPPORTUNITIES, WHILE SIMULTANEOUSLY SERVING AS A BRIDGE TO EXISTING PROVEN RESOURCES.
SWMH IS A DIGITAL SERIES FOR CHILDREN THAT FOCUSES ON TEACHING APPROACHES TO MENTAL WELLNESS, INCLUDING CALMNESS THROUGH BREATHING, CONNECTING TO ONE'S SURROUNDINGS, AND FACING FEARS.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $645,314 |
| Interest on Savings | $15 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $645,329 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $153,800 |
| Pension plans, employee benefits | $39,810 |
| Interest | $0 |
| Taxes | $14,114 |
| Depreciation | $3,569 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $40,043 |
| Printing and publications | $0 |
| Other expenses | $329,706 |
| Total operating and administrative expenses | $629,730 |
| Contributions, gifts, grants paid | $54,326 |
| Total expenses and disbursements | $684,056 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $125,618 |
| 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 | $12,788 |
| Total assets | $138,406 |
| Accounts payable and accrued expenses | $14,647 |
| 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 | $14,647 |
Grants Awarded
Over the last fiscal year, Citrone Foundation Inc has awarded $54,326 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
DUQUESNE UNIVERSITY CO MACHAELA SIMMONS PURPOSE: TO PROVIDE ACCESS TO POSTSECONDARY EDUCATION | $1,485 |
THE PINK AGENDA PURPOSE: TO RAISE MONEY FOR BREAST CANCER RESEARCH AND CARE AS WELL AS SPREAD AWARENESS AMONG PROFESSIONALS | $617 |
THE GIVING BACK FUND PURPOSE: TO SUPPORT AND ENCOURAGE NEW PHILANTHROPY BY OFFERING PROFESSIONAL SERVICES TO NON-PROFITS | $7,620 |
THE JEROME BETTIS FOUNDATION PURPOSE: TO IMPROVE THE OVERALL QUALITY OF LIFE FOR TROUBLED AND UNDERPRIVILEGED INNER-CITY YOUTH | $5,000 |
UPMC CHILDREN'S HOSPITAL OF PITTSBURGH PURPOSE: TO SUPPORT PEDIATRIC HOSPITAL | $240 |
BEST OF THE BATCH FOUNDATION PURPOSE: TO PROVIDE A PLACE WHERE KIDS FEELS SAFE AND HAVE FUN WHILE INCLUDING EDUCATION FROM CHILDREN K-12 | $3,486 |