Dino Olivetti Foundation Inc

WILMINGTON, DE EIN: 04-6043143

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

5states

Cities

BoulderCharlestonCharlotteLas VegasMt PleasantNew York

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$24K$49K$73K$97K20202021202220232024
Metric202420232022
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

$0$13K$27K$40K$54K3 grants20203 grants20216 grants20224 grants20233 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

AMERICAN-ITALIAN CANCER …$25KCHILDRENS HEART FOUNDATION$10KGROUNDWORKS ART LAB INC$5K

Grant Size Distribution

19 grants across all recorded years

19<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

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).

RecipientPurposeAmount
AMERICAN-ITALIAN CANCER FOUNDATION NEW YORK, NYGeneral & Unrestricted$25,000
CHILDRENS HEART FOUNDATION LAS VEGAS, NVCharitable Event$10,000
GROUNDWORKS ART LAB INC BOULDER, COGeneral & Unrestricted$5,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

Marc OlivettiDir, Treas$2KPeter OlivettiDir$2KPhilip OlivettiPres, Dir$2KJaffray K Olivetti M…Dir, Sec$2KCristina SpencerDir$2K

From 2024 filing

NameTitleHoursCompensation
Marc OlivettiDir, Treas1$1,500
Peter OlivettiDir1$1,500
Philip OlivettiPres, Dir1$1,500
Jaffray K Olivetti McMorrowDir, Sec1$1,500
Cristina SpencerDir1$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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