Louis J And Genevieve G Capurro Foundation is located in Reno, NV. The organization was established in 2001. 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. Louis J And Genevieve G Capurro 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, Louis J And Genevieve G Capurro Foundation generated $155.9k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.2% each year. All expenses for the organization totaled $141.6k during the year ending 12/2022. While expenses have increased by 0.4% 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, Louis J And Genevieve G Capurro Foundation has awarded 112 individual grants totaling $903,001. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORT OF LOCAL AND REGIONAL CHARITIES
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Clint Capurro Chairman | 0 | $0 | |
Heather Parks Treasurer | 0 | $0 | |
Suzanne Murphy Trustee | 0 | $0 | |
Anthony Capurro Trustee | 0 | $0 | |
Christopher Capurro Trustee | 0 | $0 | |
Steve Capurro Trustee | 0 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $0 |
Dividends & Interest | $44,446 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $111,477 |
Capital Gain Net Income | $111,477 |
Net ST Capital Gain | $123,001 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $155,923 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $143 |
Taxes | $2,440 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $25,954 |
Total operating and administrative expenses | $28,537 |
Contributions, gifts, grants paid | $113,035 |
Total expenses and disbursements | $141,572 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $66,340 |
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 | $1,872,190 |
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 |
Over the last fiscal year, Louis J And Genevieve G Capurro Foundation has awarded $113,035 in support to 13 organizations.
Grant Recipient | Amount |
---|---|
BISHOP MANOGUE CATHOLIC HIGH SCHOOL PURPOSE: EDUCATION | $19,600 |
MOMS ON THE RUN PURPOSE: CHARITABLE | $10,000 |
BOYS AND GIRLS CLUB PURPOSE: CHARITABLE | $10,000 |
NEVADA WOMEN'S PHILANTHROPY PURPOSE: CHARITABLE | $5,000 |
NEVADA MILITARY ALLIANCE PURPOSE: CHARITABLE | $10,000 |
RENO RODEO FOUNDATION PURPOSE: CHARITABLE | $10,000 |