Canarelli Family Foundation
- Assets
- $18.7m
- Revenue
- $925.0k
- Investments
- $18.0m
- Employees
- 0
- Location
- Las Vegas, NV
- Founding
- Data as of
- 12/2022
- EIN
- 84-3517054
Organization Overview
Canarelli Family Foundation is located in Las Vegas, NV. 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. Canarelli 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, Canarelli Family Foundation generated $925.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (44.9%) each year.
Since 2021, Canarelli Family Foundation has awarded 76 individual grants totaling $2,414,380. 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 |
|---|---|---|---|
Alyssa Canarelli Dir | 1 | $0 | |
Heidi E Canarelli Dir, Pres | 1 | $0 | |
Jeffrey L Canarelli Dir | 1 | $0 | |
Jessica Canarelli Dir | 1 | $0 | |
Lawrence D Canarelli Dir | 1 | $0 | |
Teresa Dennis Sec | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Zions Bank | 12/30/22 | $85,322 |
Foundation Source | 12/30/22 | $68,250 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $125,000 |
| Interest on Savings | $4,042 |
| Dividends & Interest | $593,024 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $202,909 |
| Capital Gain Net Income | $202,909 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $924,975 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $17,100 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $68,977 |
| Total operating and administrative expenses | $171,827 |
| Contributions, gifts, grants paid | $1,797,870 |
| Total expenses and disbursements | $1,969,697 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $734,967 |
| 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 | $18,733,895 |
| 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, Canarelli Family Foundation has awarded $1,797,870 in support to 58 organizations.
| Grant Recipient | Amount |
|---|---|
ALBION SC LAS VEGAS PURPOSE: CHARITABLE EVENT | $2,000 |
AMYOTROPHIC LATERAL SCLEROSIS ASSOC PURPOSE: GENERAL & UNRESTRICTED | $50,000 |
ALLIANCE FOR CHILDHOOD DISEASES PURPOSE: GENERAL & UNRESTRICTED | $25,000 |
ANTS IN THE PANTS PRODUCTIONS PURPOSE: GENERAL & UNRESTRICTED | $3,500 |
BABYS BOUNTY PURPOSE: GENERAL & UNRESTRICTED | $133,000 |
BOYS & GIRLS CLUB OF MASON VALLEY INC PURPOSE: GENERAL & UNRESTRICTED | $10,000 |