Forni Family Charitable Foundation
- Assets
- $1.2m
- Revenue
- $116.3k
- Investments
- $1.1m
- Employees
- 0
- Location
- Santa Rosa, CA
- Founding
- 11/2018
- Data as of
- 12/2021
- EIN
- 82-3064563
Organization Overview
Forni Family Charitable Foundation is located in Santa Rosa, CA. The organization was established in 2018. 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. Forni Family Charitable 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, Forni Family Charitable Foundation generated $116.3k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 37.8% each year . All expenses for the organization totaled $83.0k during the year ending 12/2021. While expenses have increased by 31.5% per year over the past 4 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 2019, Forni Family Charitable Foundation has awarded 18 individual grants totaling $180,555. 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 |
|---|---|---|---|
James Joseph Forni Chief Executive Officer | 1 | $0 | |
Cantlen Camille Forni Secretary | 1 | $0 | |
Will Antonio Forni Chief Financial Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $41,450 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $74,832 |
| Capital Gain Net Income | $74,832 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $116,282 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $743 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $41 |
| Total operating and administrative expenses | $7,482 |
| Contributions, gifts, grants paid | $75,500 |
| Total expenses and disbursements | $82,982 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $22,468 |
| 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 | $1,156,373 |
| 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, Forni Family Charitable Foundation has awarded $75,500 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
Santa Rosa, CA PURPOSE: DONATION TO HELP WITH MISSION OF PRESERVING THE WORLD'S CORALS REEFS AND RAISE AWARENESS ABOUT THE OCEAN'S ECOSYSTEMS. | $50,000 |
CARDINAL NEWMAN HIGH SCHOOL PURPOSE: DONATION TO CARDINAL NEWMAN HIGH SCHOOL, A 501(C)3 ORGANIZATION, FOR EDUCATION PURPOSES | $6,000 |
CATHOLIC CHARITIES PURPOSE: TACKLNG POVERTY, FEEDING THE HUNGRY AND COUNSELING IMMIGRANTS. | $5,000 |
SONOMA COUNTY CHILDREN'S CHARITIES PURPOSE: DONATION IS DEDICATED TO THE DEVELOPMENT, PROTECTION, AND EDUCATION OF YOUTH IN SONOMA COUNTY TO BECOME RESPONSIBLE, CARING CITIZENS AND FUTURE LEADERS IN THE COMMUNITY. | $5,000 |
NATIONAL MULTIPLE SCLEROSIS PURPOSE: DONATIONS HELP FUND CUTTING-EDGE RESEARCH, DRIVE CHANGE THROUGH ADVOCACY, FACILITATE PROFESSIONAL EDUCATION, AND PROVIDE PROGRAMS AND SERVICES TO HELP PEOPLE WITH MS MOVE THEIR LIVES FORWARD. | $4,500 |
Kenwood, CA PURPOSE: DONATIONS TO SUPPORT THE HEALTH AND MAINTENANCE OF TRIONE-ANNADEL STATE PARK. | $2,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Snap Foundation Santa Monica, CA | $165,494,601 | $537,573 |
John Pritzker Family Fund Redwood City, CA | $7,615,053 | $13,500,772 |
Newton And Rochelle Beckercharitable Trust Larkspur, CA | $179,394,273 | $14,820,252 |
Katie Mcgrath & J J Abrams Family Foundation Encino, CA | $5,090,305 | $12,922,680 |
Chuck Lorre Family Foundation Los Angeles, CA | $141,428,582 | $34,550,743 |
San Francisco Pretrial Diversion Project San Francisco, CA | $1,963,286 | $8,653,584 |
Elizabeth R & William J Patterson Foundation San Anselmo, CA | $0 | $2,038,322 |
Quest Foundation Danville, CA | $120,069,342 | $12,892,793 |
S Mark Taper Foundation Los Angeles, CA | $110,679,604 | $17,411,120 |
Moreno Family Foundation Phoenix, AZ | $117,327,204 | $12,846,787 |
William S And Nancy E Thompson Foundation Newport Beach, CA | $84,169,133 | $9,975,811 |
The Lakeview Foundation Greenbrae, CA | $2,321,091 | $1,301,410 |