Denicola Family Foundation
- Assets
- $4.1m
- Revenue
- $13.4k
- Investments
- $3.2m
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- Data as of
- 12/2023
- EIN
- 87-3103605
Organization Overview
Denicola Family Foundation is located in Wilmington, DE. 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. Denicola 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 12/2023, Denicola Family Foundation generated $13.4k in total revenue. All expenses for the organization totaled $296.6k during the year ending 12/2023.
Since 2022, Denicola Family Foundation has awarded 23 individual grants totaling $199,962. 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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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cosmo Denicola Pres, Dir, Treas, Cob | 1 | $0 | |
Janet Denicola Dir, Sec, VP | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $35,421 |
| Dividends & Interest | $72,241 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$94,300 |
| Capital Gain Net Income | $109,350 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $13,362 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $92,083 |
| Pension plans, employee benefits | $15,309 |
| Interest | $0 |
| Taxes | $1,726 |
| Depreciation | $0 |
| Occupancy | $18,465 |
| Travel, conferences, and meetings | $21,818 |
| Printing and publications | $0 |
| Other expenses | $26,685 |
| Total operating and administrative expenses | $207,215 |
| Contributions, gifts, grants paid | $89,367 |
| Total expenses and disbursements | $296,582 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $841,748 |
| 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 | $4,064,053 |
| 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, Denicola Family Foundation has awarded $89,367 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
A MEANINGFUL PURPOSE PURPOSE: INSTALLATION OF A FARM TO TABLE TEACHING GARDEN AT THE BOYS & GIRLS CLUB IN ATLANTIC CITY | $5,000 |
ANIMAL WELFARE ASSOCIATION INCORPORATED PURPOSE: GENERAL & UNRESTRICTED | $2,500 |
GIVING BACK FUND INC PURPOSE: FROM THE DEPTHS FUND | $5,000 |
JAWS YOUTH FUND PURPOSE: GENERAL & UNRESTRICTED (SEE GENERAL EXPLANATION) | $1,002 |
JOHNS HOPKINS UNIVERSITY PURPOSE: SUMMER INTERN FUND BEFORE MEDICAL SCHOOL | $10,000 |
NORRISTOWN ZOOLOGICAL SOCIETY PURPOSE: CHARITABLE EVENT | $1,000 |