Frank and Victoria Fertitta Foundation
The Frank and Victoria Fertitta Foundation is a private family foundation established in July 1994 and based in Las Vegas, Nevada. The foundation operates as a 501(c)(3) organization and focuses on philanthropic giving to nonprofit organizations across multiple sectors.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$7K
-96.9% YoY
Annual Giving
$301K
-35.7% YoY
Grant Count
11
-31.3% YoY
Avg Grant Size
$27K
-6.4% YoY
Mission & Focus Areas
The foundation gives primarily to health organizations, as well as for children and social services. Funding also supports performing arts centers and Roman Catholic organizations and churches.
Specific areas of interest include:
- Health
- Children and youth
- Social and human services
- Education
- Community development
- Spiritual development
- Veterans
- Women
- Hunger alleviation
- Poverty alleviation
Grantmaking
Historical grants have included support to organizations such as:
Review Cycle
- Applicants should submit a letter to the foundation
How to Apply
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Geographic Focus
Where this funder awards grants
The foundation gives primarily in Las Vegas, Nevada, with approximately 81% of grants staying in Nevada. Some grants have extended to California and the District of Columbia.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
Most Recent Financial Data (2023):
- Total Assets: $216,000
- Total Revenue: $702,000
- Total Expenses: $488,000
- Total Liabilities: $0
Historical Financial Data:
- 2024: Total giving of $301,060
- 2007: Total assets of $3,113,320; total giving of $1,046,621
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $6,691 | $216,301 | $2,420 |
| Revenue | $101,634 | $701,665 | $152,053 |
| Expenses | $317,295 | $487,784 | $168,117 |
| Qualifying Distributions | $315,161 | $485,400 | $163,585 |
| Net Investment Income | — | — | — |
| Distributable Amount | $4,744 | $4,265 | $828 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
59 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Founders/Donors:
- Frank J. Fertitta, Jr.
- Victoria Fertitta
Officers:
- Lorenzo J. Fertitta, President and Treasurer
- Frank J. Fertitta, III, Secretary
- Delise F. Sartini, Vice President
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| FRANK J FERTITTA III | SECRETARY | — | — |
| LORENZO J FERTITTA | PRESIDENT/TREASURER | — | — |
| DELISE F SARTINI | VICE PRESIDENT | — | — |
Recent News & Activity
Recent developments and announcements
The Fertitta family has made significant philanthropic commitments beyond the foundation, including a major capital gift to the USC Marshall School of Business and an endowment gift to establish the Fertitta Veterans Program at New York University's Stern School of Business. Catholic Charities of Southern Nevada has received substantial support from the Fertitta family, including a reported $10 million gift commitment.
School News | Fertitta Veterans Program | The Chronicle of PhilanthropyRelated Funders
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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