Brother Victor Cipriani Educational Fund

PITTSBURGH, PA EIN: 31-1628617

Brother Victor Cipriani Educational Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PITTSBURGH, PA. IRS filing data is available for 2020. As of 2020, the organization holds $44K in total assets. In 2020, it awarded 3 grants totaling $4K. Net investment income was $4K.

Financial Overview

From 2020 IRS Form 990-PF · View filing

Total Assets

$44K

Annual Giving

$4K

Grant Count

Avg Grant Size

$1K

Under IRS private-foundation payout rules, Brother Victor Cipriani Educational Fund reported a distributable amount of $2K for 2020 — the minimum it must pay out in qualifying distributions.

About Brother Victor Cipriani Educational Fund

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Pennsylvania $4K (100%)

States

Pennsylvania

Cities

Scranton

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2020
Total Assets	$44,164
Revenue	$4,172
Expenses	$4,765
Qualifying Distributions	—
Net Investment Income	$4,172
Distributable Amount	$2,132

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 2020

Grant Size Distribution

3 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2020 grants, the largest include Sisters of Ihm ($2,000), Scranton Preparatory School ($1,000), The University of Scranton ($1,000).

Recipient	Purpose	Amount
SCRANTON PREPARATORY SCHOOL SCRANTON, PA	WORKING CAPITAL OPERATIONS	$1,000
THE UNIVERSITY OF SCRANTON SCRANTON, PA	WORKING CAPITAL OPERATIONS	$1,000
SISTERS OF IHM SCRANTON, PA	WORKING CAPITAL OPERATIONS	$2,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2020 IRS filing

From 2020 filing

Name	Title	Hours	Compensation
LOUISE CIPRIANI	TRUSTEE	1	—
GERARD J CIPRIANI	MANAGER	1	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Brother Victor Cipriani Educational Fund?

Brother Victor Cipriani Educational Fund is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in PITTSBURGH, PA. It holds $44K in total assets as of 2020.

How large is Brother Victor Cipriani Educational Fund?

As of 2020, Brother Victor Cipriani Educational Fund holds $44K in total assets with $4K in annual revenue. It awarded 3 grants totaling $4K in 2020.

Where does Brother Victor Cipriani Educational Fund operate?

Brother Victor Cipriani Educational Fund has awarded grants in Pennsylvania.

What size grants does Brother Victor Cipriani Educational Fund award?

In 2020, Brother Victor Cipriani Educational Fund awarded 3 grants totaling $4K — an average of about $1K per grant, based on its IRS Form 990 filings.

How much is Brother Victor Cipriani Educational Fund required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2020, Brother Victor Cipriani Educational Fund reported a distributable amount of $2K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Brother Victor Cipriani Educational Fund's EIN?

Brother Victor Cipriani Educational Fund's EIN (Employer Identification Number) is 31-1628617. IRS Form 990 filing data is available on this page for 2020.