Gibbons Scattone Family Foundation

Organization Overview

Gibbons Scattone Family Foundation is located in Setauket, NY. The organization was established in 2018. 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. Gibbons Scattone 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 12/2021, Gibbons Scattone Family Foundation generated $3.4m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $1.0m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2020, Gibbons Scattone Family Foundation has awarded 24 individual grants totaling $3,580,000. 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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Board, Officers & Key Employees

Name (title)Compensation
Judith Gibbons
President
$0
Francesco Scattone
Treasurer
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $3,046,282
Interest on Savings $10
Dividends & Interest $205,210
Net Rental Income$0
Net Gain on Sale of Assets $133,539
Capital Gain Net Income $225,133
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $1,813
Total Revenue $3,386,854

Grants Awarded

Over the last fiscal year, Gibbons Scattone Family Foundation has awarded $980,000 in support to 8 organizations.

Grant RecipientAmount

EAST HARLEM TUTORIAL PROGRAM

Org PageRecipient Profile

New York, NY

PURPOSE: UNRESTRICTED

$500,000

THE BARACK OBAMA FOUNDATION

Org PageRecipient Profile

Chicago, IL

PURPOSE: UNRESTRITED

$200,000

ROBINHOOD FOUNDATION

Org PageRecipient Profile

New York, NY

PURPOSE: ASSIST THE POOR

$100,000

COALITION FOR HOMELESS

Org PageRecipient Profile

New York, NY

PURPOSE: UNRESTRICTED

$70,000

FOOD BANK FOR NEW YORK CITY

Org PageRecipient Profile

New York, NY

PURPOSE: UNRESTRICTED

$30,000

CITY MEALS ON WHEELS

Org PageRecipient Profile

New York, NY

PURPOSE: UNRESTRICTED

$30,000
View Grant Profile

Peer Organizations

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