Corti Family Agricultural Fund
- Assets
- $968.3k
- Revenue
- $40.6k
- Investments
- $934.0k
- Employees
- 0
- Location
- Las Vegas, NV
- Founding
- 02/1971
- Data as of
- 03/2024
- EIN
- 95-6053041
Organization Overview
Corti Family Agricultural Fund is located in Las Vegas, NV. The organization was established in 1971. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Corti Family Agricultural Fund 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 03/2024, Corti Family Agricultural Fund generated $40.6k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (0.9%) each year. All expenses for the organization totaled $66.4k during the year ending 03/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Corti Family Agricultural Fund has awarded 27 individual grants totaling $169,000. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $30,722 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $9,812 |
| Capital Gain Net Income | $9,812 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $82 |
| Total Revenue | $40,616 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $15,876 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $366 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $21,372 |
| Contributions, gifts, grants paid | $45,000 |
| Total expenses and disbursements | $66,372 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $34,335 |
| 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 | $933,988 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $968,323 |
| 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, Corti Family Agricultural Fund has awarded $45,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
DORDT UNIVERSITY FBO BLINN PURPOSE: SCHOLARSHIP | $7,500 |
CALIFORNIA ST UNIV - FRESNO FBO PURPOSE: SCHOLARSHIP | $5,000 |
BAKERSFIELD COLLEGE FBO BRENNAN PURPOSE: SCHOLARSHIP | $7,500 |
CALIFORNIA POLYTECHNIC ST UNIV FBO PURPOSE: SCHOLARSHIP | $7,500 |
CALIFORNIA ST UNIV - FRESNO FBO PURPOSE: SCHOLARSHIP | $5,000 |
CALIFORNIA POLYTECHNIC ST UNIV FBO PURPOSE: SCHOLARSHIP | $7,500 |