Dino Olivetti Foundation Inc
Dino Olivetti Foundation Inc is a private foundation focused on Arts and culture, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $921K in total assets. In 2024, it awarded 3 grants totaling $40K. Net investment income was $18K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$921K
-4.3% YoY
Annual Giving
$40K
-21.6% YoY
Grant Count
3
-25.0% YoY
Avg Grant Size
$13K
+4.6% YoY
Under IRS private-foundation payout rules, Dino Olivetti Foundation Inc reported a distributable amount of $63K for 2024 — the minimum it must pay out in qualifying distributions.
About Dino Olivetti Foundation Inc
Based on IRS filings
Dino Olivetti Foundation Inc is a private foundation focused on Arts and culture, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $921K in total assets. In 2024, it awarded 3 grants totaling $40K. Net investment income was $18K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $921,449 | $962,597 | $1,014,903 |
| Revenue | $30,566 | $26,179 | $32,099 |
| Expenses | $71,714 | $78,485 | $84,138 |
| Qualifying Distributions | $58,838 | $71,107 | $72,813 |
| Net Investment Income | $17,763 | $18,801 | $36,825 |
| Distributable Amount | $63,042 | $59,849 | $61,188 |
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
19 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include American-italian Cancer Foundation ($25,000), Childrens Heart Foundation ($10,000), Groundworks Art Lab Inc ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AMERICAN-ITALIAN CANCER FOUNDATION NEW YORK, NY | General & Unrestricted | $25,000 |
| CHILDRENS HEART FOUNDATION LAS VEGAS, NV | Charitable Event | $10,000 |
| GROUNDWORKS ART LAB INC BOULDER, CO | General & Unrestricted | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Marc Olivetti | Dir, Treas | 1 | $1,500 |
| Peter Olivetti | Dir | 1 | $1,500 |
| Philip Olivetti | Pres, Dir | 1 | $1,500 |
| Jaffray K Olivetti McMorrow | Dir, Sec | 1 | $1,500 |
| Cristina Spencer | Dir | 1 | $1,500 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Dino Olivetti Foundation Inc?
Dino Olivetti Foundation Inc is a private foundation focused on Arts and culture, based in WILMINGTON, DE. It holds $921K in total assets as of 2024.
How large is Dino Olivetti Foundation Inc?
As of 2024, Dino Olivetti Foundation Inc holds $921K in total assets with $31K in annual revenue. It awarded 3 grants totaling $40K in 2024.
Where does Dino Olivetti Foundation Inc operate?
Dino Olivetti Foundation Inc has awarded grants in Colorado, North Carolina, Nevada, New York, South Carolina.
What size grants does Dino Olivetti Foundation Inc award?
In 2024, Dino Olivetti Foundation Inc awarded 3 grants totaling $40K — an average of about $13K per grant, based on its IRS Form 990 filings.
How much is Dino Olivetti Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Dino Olivetti Foundation Inc reported a distributable amount of $63K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Dino Olivetti Foundation Inc's EIN?
Dino Olivetti Foundation Inc's EIN (Employer Identification Number) is 04-6043143. 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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