Ettore Richard Derosa Jr Foundation

RENO, NV EIN: 27-5551577

Ettore Richard Derosa Jr Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RENO, NV. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.2M in total assets. In 2024, it awarded 8 grants totaling $127K. Net investment income was $76K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.2M

-2.4% YoY

Annual Giving

$127K

+5.3% YoY

Grant Count

-20.0% YoY

Avg Grant Size

$16K

+31.6% YoY

Under IRS private-foundation payout rules, Ettore Richard Derosa Jr Foundation reported a distributable amount of $119K for 2024 — the minimum it must pay out in qualifying distributions.

About Ettore Richard Derosa Jr 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

California $280K (62%)

Illinois $90K (20%)

Nevada $45K (10%)

Maryland $40K (9%)

States

California Illinois Maryland Nevada

Cities

BethesdaElk Grove VillageLa CanadaLos AngelesManhattan BeachMenlo ParkPasadenaRenoSan DiegoSan Francisco

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$2,193,431	$2,248,136	$2,428,249
Revenue	$111,677	$-22,319	$111,637
Expenses	$166,382	$157,794	$160,707
Qualifying Distributions	$127,000	$120,600	$122,000
Net Investment Income	$75,945	$43,485	$79,324
Distributable Amount	$119,122	$112,564	$119,480

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 8 recipients in 2024

Grant Size Distribution

33 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include University of San Francisco ($35,000), Families of Spinal Muscular Atrophy Dba Cure Sma ($25,000), Grace Science Foundation ($15,000).

Recipient	Purpose	Amount
BLIND CHILDRENS CENTER LOS ANGELES, CA	TO PREPARE INFANTS, TODDLERS, AND PRESCHOOLERS OF ALL ABILITIES TO THRIVE THROUGH INCLUSIVE, FAMILY-FOCUSED EARLY CHILDHOOD EDUCATION, WITH A SPECIALIZED FOCUS ON CHILDREN WHO ARE BLIND OR VISUALLY IMPAIRED.	$10,000
ALMA BACKYARD FARMS LOS ANGELES, CA	TO RECLAIM THE LIVES OF THOSE FORMERLY INCARCERATED, REPURPOSE LAND INTO PRODUCTIVE URBAN FARMS AND REIMAGE COMMUNITY AS A PLACE FOR PEOPLE AND PLANTS TO THRIVE.	$10,000
FAMILIES OF SPINAL MUSCULAR ATROPHY DBA CURE SMA ELK GROVE VILLAGE, IL	TO FIND A CURE FOR SPINAL MUSCULAR ATROPHY, THE NUMBER ONE GENETIC CAUSE.	$25,000
GRACE SCIENCE FOUNDATION MENLO PARK, CA	TO SUPPORT AND FUND THE DEVELOPMENT OF LIFE-SAVING TREATMENT FOR PATIENTS THAT ARE DEFICIENT IN THE N-GLYCANESE ENZYME AND THOSE SUFFERING FROM RELATED GENETIC DISEASES.	$15,000
USC CARUSO CATHOLIC CENTER LOS ANGELES, CA	TO INVITE THE USC COMMUNITY INTO A TRANSFORMING RELATIONSHIP WITH CHRIST AND ONE ANOTHER, EMPOWERED TO MAKE A LASTING IMPACT ON THE WORLD.	$10,000
SONG FOR CHARLIE PASADENA, CA	TO RAISE AWARENESS ABOUT FENTAPILLS - FAKE PILLS MADE OF FENTANYL AMONG YOUNG PEOPLE BETWEEN THE AGES 13-30.	$10,000
STEP 2 RENO, NV	TO PROVIDE GENDER-SPECIFIC LONG-TERM TREATMENT SERVICES FOR SUBSTANCE USE DISORDERS, DOMESTIC VIOLENCE INTERVENTION AND EDUCATION, AND TRAUMA SERVICES.	$12,000
UNIVERSITY OF SAN FRANCISCO SAN FRANCISCO, CA	TO PROVIDE SCHOLARSHIPS TO STUDENTS PURSUING NURSING DEGREES VIA THE USF NURSING PROGRAM.	$35,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
JUNE L COX	PRESIDENT	1	$6,000
JEFFREY R JENNISON	DIRECTOR	1	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Ettore Richard Derosa Jr Foundation?

Ettore Richard Derosa Jr Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RENO, NV. It holds $2.2M in total assets as of 2024.

How large is Ettore Richard Derosa Jr Foundation?

As of 2024, Ettore Richard Derosa Jr Foundation holds $2.2M in total assets with $112K in annual revenue. It awarded 8 grants totaling $127K in 2024.

Where does Ettore Richard Derosa Jr Foundation operate?

Ettore Richard Derosa Jr Foundation has awarded grants in California, Illinois, Maryland, Nevada.

What size grants does Ettore Richard Derosa Jr Foundation award?

In 2024, Ettore Richard Derosa Jr Foundation awarded 8 grants totaling $127K — an average of about $16K per grant, based on its IRS Form 990 filings.

How much is Ettore Richard Derosa Jr Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Ettore Richard Derosa Jr Foundation reported a distributable amount of $119K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Ettore Richard Derosa Jr Foundation's EIN?

Ettore Richard Derosa Jr Foundation's EIN (Employer Identification Number) is 27-5551577. IRS Form 990 filing data is available on this page for 2020–2024.