John & Geraldine Cusenza Family Foundation
- Assets
- $9.4m
- Revenue
- $500.0k
- Investments
- $9.3m
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 05/1996
- Data as of
- 11/2023
- EIN
- 95-4556555
Organization Overview
John & Geraldine Cusenza Family Foundation is located in Los Angeles, CA. The organization was established in 1996. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., 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. John & Geraldine Cusenza 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 11/2023, John & Geraldine Cusenza Family Foundation generated $500.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $659.6k during the year ending 11/2023. While expenses have increased by 5.0% 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 2016, John & Geraldine Cusenza Family Foundation has awarded 41 individual grants totaling $3,347,973. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Geraldine Cusenza President | 1 | $0 | |
John Cusenza CFO | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $66,849 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $410,596 |
| Capital Gain Net Income | $410,596 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $22,544 |
| Total Revenue | $499,989 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $8,050 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $11,035 |
| Printing and publications | $0 |
| Other expenses | $467 |
| Total operating and administrative expenses | $139,058 |
| Contributions, gifts, grants paid | $520,552 |
| Total expenses and disbursements | $659,610 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $49,406 |
| 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 | $9,307,121 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $9,356,527 |
| Accounts payable and accrued expenses | $395 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $1,795 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,190 |
Grants Awarded
Over the last fiscal year, John & Geraldine Cusenza Family Foundation has awarded $520,552 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
SAVE THE CHILDREN PURPOSE: CHILDREN WELFARE ORGANIZATION THAT WORK TO GIVE CHILDREN A HEALTHY START IN LIFE, THE OPPORTUNITY TO RECEIVE EDUCATION AND PROTECTION FROM CHILD ABUSE. | $5,000 |
HOMEBOYS INDUSTRIES PURPOSE: 5K ANNUAL WALK/RUN, LO MAXIMO EVENT, AND GENERAL OPERATING | $205,052 |
WORLD CENTRAL KITCHEN PURPOSE: SERVING CHEF PREPARED MEALS TO COMMUNITIES IMPACTED BY NATURAL DISASTERS. | $5,000 |
DOCTORS WITHOUT BORDERS PURPOSE: PROVIDES HEALTH CARE TO PEOPLE AFFECTED BY CONFLICT, DISEASE OUTBREAKS, NATURAL AND HUMAN-DISASTERS. | $500 |
CEDARS SINAI MEDICAL CENTER PURPOSE: SUPPORT THE MAST PROGRAM UNDER THE DIRECTION OF ALI REZAIE, MD AND MARK PIMENTEL MD. | $200,000 |
THE HEART FOUNDATION PURPOSE: FUND INNOVATIVE CARDIAC RESEARCH TAKING PLACE IN DR. P.K. SHAH'S LABORATORY AT SMIDT HEART INSTITUE AT CEDARS-SINAI. | $100,000 |