L Suzio Family Foundation
- Assets
- $155.9k
- Revenue
- $103.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Meriden, CT
- Founding
- 12/2007
- Data as of
- 12/2022
- EIN
- 55-0830781
Organization Overview
L Suzio Family Foundation is located in Meriden, CT. The organization was established in 2007. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., 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. L Suzio 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 12/2022, L Suzio Family Foundation generated $103.5k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $110.8k during the year ending 12/2022. While expenses have increased by 6.2% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, L Suzio Family Foundation has awarded 178 individual grants totaling $155,830. 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 |
|---|---|---|---|
Lorenzo F Suzio Trustee | 0 | $0 | |
Leonardo H Suzio Trustee | 0 | $0 | |
Henry E Suzio Trustee | 0 | $0 | |
Scott P Suzio Trustee | 0 | $0 | |
Linda S Munson Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $103,492 |
| Interest on Savings | $0 |
| 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 | $103,492 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $91,406 |
| Total operating and administrative expenses | $91,406 |
| Contributions, gifts, grants paid | $19,400 |
| Total expenses and disbursements | $110,806 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $155,940 |
| Savings and temporary cash investments | $0 |
| 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 | $155,940 |
| 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, L Suzio Family Foundation has awarded $19,400 in support to 24 organizations.
| Grant Recipient | Amount |
|---|---|
JOE & KAY CALVANESE FOUNDATION PURPOSE: TO CONTINUE SERVICES & PROGRAMS | $400 |
BOYS & GIRLS CLUB BRISTOL PURPOSE: TO CONTINUE SERVICES & PROGRAMS | $1,000 |
COMMUNITY SOLUTIONS INC PURPOSE: TO CONTINUE SERVICES & PROGRAMS | $225 |
GLASTONBURY VOLUNTEER FIRE DEPARTMENT PURPOSE: TO CONTINUE SERVICES & PROGRAMS | $150 |
EMMA ORMSBY PURPOSE: SCHOLARSHIP TO PROVIDE EDUCATIONAL OPPORTUNITIES | $1,000 |
GRACE CARABETTA PURPOSE: SCHLARSHIP TO PROVIDE EDUCATIONAL OPPORTUNITIES | $2,000 |