Brancati Foundation is a private foundation focused on Education, based in LAS CRUCES, NM. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $81K in total assets. In 2024, it awarded 3 grants totaling $11K. Net investment income was $2K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$81K
+16.6% YoY
Annual Giving
$11K
+2060.0% YoY
Grant Count
3
+200.0% YoY
Avg Grant Size
$4K
+620.0% YoY
Under IRS private-foundation payout rules, Brancati Foundation reported a distributable amount of $4K for 2024 — the minimum it must pay out in qualifying distributions.
About Brancati Foundation
Based on IRS filings
Brancati Foundation is a private foundation focused on Education, based in LAS CRUCES, NM. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $81K in total assets. In 2024, it awarded 3 grants totaling $11K. Net investment income was $2K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $80,680 | $69,171 | $58,869 |
| Revenue | $24,244 | $13,389 | $33,221 |
| Expenses | $12,735 | $3,087 | $26,238 |
| Qualifying Distributions | $10,800 | $500 | $25,500 |
| Net Investment Income | $2,317 | $2,132 | $637 |
| Distributable Amount | $3,658 | $2,886 | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
8 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Duchesne Preschool ($10,000), Leyla Andoverde ($500), Brooke Serpa ($300).
| Recipient | Purpose | Amount |
|---|---|---|
| DUCHESNE PRESCHOOL LAS CRUCES, NM | PRESCHOOL GRANT | $10,000 |
| LEYLA ANDOVERDE LAS CRUCES, NM | AYDEN AWARD | $500 |
| BROOKE SERPA LAS CRUCES, NM | ACS AWARD | $300 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DR ROBERTA STATHIS | PRESIDENT | 1 | — |
| THOMAS HALDORSEN ESQ | VICE PRESIDE | 1 | — |
| DR KENNETH WASHER | TREASURER | 1 | — |
| CHRISTOPHER STATHIS | SECRETARY | 1 | — |
| STACY STATHIS | EXECUTIVE DI | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Brancati Foundation?
Brancati Foundation is a private foundation focused on Education, based in LAS CRUCES, NM. It holds $81K in total assets as of 2024.
How large is Brancati Foundation?
As of 2024, Brancati Foundation holds $81K in total assets with $24K in annual revenue. It awarded 3 grants totaling $11K in 2024.
Where does Brancati Foundation operate?
Brancati Foundation has awarded grants in New Mexico.
What size grants does Brancati Foundation award?
In 2024, Brancati Foundation awarded 3 grants totaling $11K — an average of about $4K per grant, based on its IRS Form 990 filings.
How much is Brancati Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Brancati Foundation reported a distributable amount of $4K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Brancati Foundation's EIN?
Brancati Foundation's EIN (Employer Identification Number) is 27-1876725. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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