Carl Delsignore Foundation Inc is located in Cumberland, MD. The organization was established in 1987. 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. Carl Delsignore 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.
Since 2015, Carl Delsignore Foundation Inc has awarded 284 individual grants totaling $1,272,142. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONTRIBUTIONS (SEE PAGE 11, PART XV, 3A)
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carmen P Del Signore President | 0 | $12,392 | |
G Douglas Reinhard Secretary | 0 | $12,392 | |
James L Crickard Treasurer | 0 | $12,392 | |
Dennis R Dolechek Vice-Preside | 0 | $12,392 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $92 |
| Dividends & Interest | $103,733 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $45,248 |
| Capital Gain Net Income | $45,248 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $149,073 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $49,568 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,177 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $58 |
| Total operating and administrative expenses | $97,672 |
| Contributions, gifts, grants paid | $169,500 |
| Total expenses and disbursements | $267,172 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,196 |
| Savings and temporary cash investments | $21,188 |
| 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 | $2,594,879 |
| 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 |
Over the last fiscal year, Carl Delsignore Foundation Inc has awarded $169,500 in support to 41 organizations.
| Grant Recipient | Amount |
|---|---|
ALLEGANY COLLEGE OF MARYLAND FOUNDA PURPOSE: STUDENT SCHOLARSHIP | $5,000 |
BAYARD CHURCH OF GOD PURPOSE: DONATION | $3,000 |
BEECH GROVE CEMETARY PURPOSE: DONATION | $3,000 |
BRIDGEPORT UM CHURCH PURPOSE: DONATION | $3,000 |
CALVARY ASSEMBLY OF GOD PURPOSE: GENERAL DONATION | $3,000 |
CHURCH OF THE ASSUMPTION PURPOSE: DONATION | $3,000 |