Ennio And Rosa Corte Foundation Inc
- Assets
- $0.0
- Revenue
- $329.6k
- Investments
- $11.6m
- Employees
- 0
- Location
- Bluefield, VA
- Founding
- 05/1999
- Data as of
- 12/2021
- EIN
- 54-1940655
Organization Overview
Ennio And Rosa Corte Foundation Inc is located in Bluefield, VA. The organization was established in 1999. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Ennio And Rosa Corte 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 12/2021, Ennio And Rosa Corte Foundation Inc generated $329.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (48.5%) each year. All expenses for the organization totaled $636.8k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Ennio And Rosa Corte Foundation Inc has awarded 22 individual grants totaling $1,875,000. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $281,261 |
| Profit on Inventory Sales | $0 |
| Other Income | $4,579 |
| Total Revenue | $329,638 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $36,823 |
| Contributions, gifts, grants paid | $600,000 |
| Total expenses and disbursements | $636,823 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $89,197 |
| Investments—mortgage loans | $0 |
| Investments—other | $647,793 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Ennio And Rosa Corte Foundation Inc has awarded $700,000 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
BLUEFIELD UNION MISSION PURPOSE: CHARITABLE | $65,000 |
COMMUNITY FOUNDATION OF THE VIRGINIAS INC PURPOSE: CHARITABLE | $5,000 |
FIVE LOAVES & TWO FISHES FOODBANK PURPOSE: CHARITABLE | $5,000 |
DUKE CANCER INSTITUTE PURPOSE: HEMATOLOGY-ONCOLOGY RESEARCH | $325,000 |
SHRINERS HOSPITALS FOR CHILDREN PURPOSE: CHARITABLE | $70,000 |
SOUTHWEST VIRGINA COMMUNITY COLLEGE EDUCATIONAL FOUNDATION PURPOSE: EDUCATION | $15,000 |