Cervi Family Foundation

NORMAN, OK EIN: 26-1595630

Cervi Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NORMAN, OK. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $158K in total assets. In 2024, it awarded 4 grants totaling $6K. Net investment income was $8K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$158K

+9.6% YoY

Annual Giving

$6K

+19.6% YoY

Grant Count

+33.3% YoY

Avg Grant Size

$2K

-10.3% YoY

Under IRS private-foundation payout rules, Cervi Family Foundation reported a distributable amount of $8K for 2024 — the minimum it must pay out in qualifying distributions.

About Cervi Family Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Oklahoma $16K (74%)

Texas $5K (22%)

District of Columbia $1K (5%)

States

District of Columbia Oklahoma Texas

Cities

NormanRockportWashington

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$157,796	$144,038	$119,340
Revenue	$14,733	$22,474	$8,817
Expenses	$6,930	$5,883	$4,993
Qualifying Distributions	$6,930	$5,883	$4,993
Net Investment Income	$7,733	$6,474	$3,817
Distributable Amount	$7,571	$6,020	$5,061

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

Grant Size Distribution

15 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Center for Children Families ($2,100), Food and Shelter ($1,700), Rockport Fulton ISD Education Found ($1,300).

Recipient	Purpose	Amount
Center for Children Families Norman, OK	Assist impoverished children in improving life	$2,100
Food and Shelter Norman, OK	Assist operations of shelter for Homeless	$1,700
Rockport Fulton ISD Education Found Rockport, TX	Advance educational excellence in Rockport Fulton ISD schools. Specifically for the Fulton Learning Center school garden project.	$1,300
Leukemia Lymphoma Society Washington, DC	Research and education for Leukemia and Lymphoma Cancer	$1,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
Justin J Cervi	President	1	—
Barbara S Cervi	Secretary/Treas	1	—
Trelawney Dominguez	Director	1	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Cervi Family Foundation?

Cervi Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NORMAN, OK. It holds $158K in total assets as of 2024.

How large is Cervi Family Foundation?

As of 2024, Cervi Family Foundation holds $158K in total assets with $15K in annual revenue. It awarded 4 grants totaling $6K in 2024.

Where does Cervi Family Foundation operate?

Cervi Family Foundation has awarded grants in District of Columbia, Oklahoma, Texas.

What size grants does Cervi Family Foundation award?

In 2024, Cervi Family Foundation awarded 4 grants totaling $6K — an average of about $2K per grant, based on its IRS Form 990 filings.

How much is Cervi Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Cervi Family Foundation reported a distributable amount of $8K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.