Comunita Giovanile San Michele Inc

JERICHO, NY EIN: 13-6102743

Comunita Giovanile San Michele Inc is a private foundation, based in JERICHO, NY. IRS filing data is available from 2020 through 2023. As of 2023, the organization holds $8.8M in total assets. In 2023, it awarded 2 grants totaling $509K. Net investment income was $305K.

Financial Overview

From 2023 IRS Form 990-PF · View filing

Total Assets

$8.8M

-2.7% YoY

Annual Giving

$509K

+23.1% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$254K

+23.1% YoY

Under IRS private-foundation payout rules, Comunita Giovanile San Michele Inc reported a distributable amount of $489K for 2023 — the minimum it must pay out in qualifying distributions.

About Comunita Giovanile San Michele Inc

Based on IRS filings

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Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2023	2022	2021
Total Assets	$8,817,765	$9,062,833	$8,651,997
Revenue	$355,450	$930,271	$708,752
Expenses	$600,518	$519,364	$529,990
Qualifying Distributions	$523,948	$434,339	—
Net Investment Income	$305,063	$868,439	$660,296
Distributable Amount	$488,666	$533,088	$551,210

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2023

Grant Size Distribution

8 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2023 grants, the largest include Assoccristiana Per Le Attivita Della Gioventu Comunita Giovanile San Miche ($255,889), Assoccristiana Per Le Attivita Della Gioventu Comunita Giovanile San Miche ($252,764).

Recipient	Purpose	Amount
ASSOCCRISTIANA PER LE ATTIVITA DELLA GIOVENTU COMUNITA GIOVANILE SAN MICHE	TO SUPPORT ATHLETIC, RECREATIONAL, CULTURAL, RELIGIOUS, AND WELFARE PROGRAMS FOR YOUTH IN FLORENCE, ITALY.	$255,889
ASSOCCRISTIANA PER LE ATTIVITA DELLA GIOVENTU COMUNITA GIOVANILE SAN MICHE	TO SUPPORT ATHLETIC, RECREATIONAL, CULTURAL, RELIGIOUS, AND WELFARE PROGRAMS FOR YOUTH IN FLORENCE, ITALY.	$252,764

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2023 IRS filing

From 2023 filing

Name	Title	Hours	Compensation
CARLO STEFANO FRANCHETTI	DIRECTOR	0.25	—
CODY EDUARDO FRANCHETTI	DIRECTOR	0.25	—
MARIA GIULIA SENNI	VICE PRESIDENT, DIRECTOR	0.25	—
MARTIN HALL	TREAS, DIRECTOR	1	—
GEOFFREY M MASON	SECY,DIRECTOR	0.25	—

Frequently Asked Questions

How large is Comunita Giovanile San Michele Inc?

As of 2023, Comunita Giovanile San Michele Inc holds $8.8M in total assets with $355K in annual revenue. It awarded 2 grants totaling $509K in 2023.

What size grants does Comunita Giovanile San Michele Inc award?

In 2023, Comunita Giovanile San Michele Inc awarded 2 grants totaling $509K — an average of about $254K per grant, based on its IRS Form 990 filings.

How much is Comunita Giovanile San Michele Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2023, Comunita Giovanile San Michele Inc reported a distributable amount of $489K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Comunita Giovanile San Michele Inc's EIN?

Comunita Giovanile San Michele Inc's EIN (Employer Identification Number) is 13-6102743. IRS Form 990 filing data is available on this page for 2020–2023.