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 |