The Sergio Franchi Music Foundation is a private foundation focused on Arts, Culture & Humanities, based in STONINGTON, CT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.0M in total assets. In 2024, it awarded 6 grants totaling $77K. Net investment income was $14K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.0M
-4.4% YoY
Annual Giving
$77K
-7.7% YoY
Grant Count
6
+50.0% YoY
Avg Grant Size
$13K
-38.4% YoY
Under IRS private-foundation payout rules, The Sergio Franchi Music Foundation reported a distributable amount of $71K for 2024 — the minimum it must pay out in qualifying distributions.
About The Sergio Franchi Music Foundation
Based on IRS filings
The Sergio Franchi Music Foundation is a private foundation focused on Arts, Culture & Humanities, based in STONINGTON, CT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.0M in total assets. In 2024, it awarded 6 grants totaling $77K. Net investment income was $14K.
Focus Areas
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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 | $1,019,248 | $1,066,710 | $1,172,532 |
| Revenue | $49,641 | $-6,459 | $23,451 |
| Expenses | $97,103 | $99,363 | $45,175 |
| Qualifying Distributions | $77,028 | $83,426 | $17,500 |
| Net Investment Income | $13,782 | $7,385 | $5,278 |
| Distributable Amount | $70,944 | $69,497 | $69,549 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
Grant Size Distribution
16 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Ucla ($22,000), Columbus Club ($20,000), Vero Beach Opera ($20,000).
| Recipient | Purpose | Amount |
|---|---|---|
| UCLA LOS ANGELES, CA | CHARITY | $22,000 |
| STONINGTON HIGH SCHOOL PAWCATUCK, CT | CHARITY | $5,000 |
| COLUMBUS CLUB FRAMINGHAM, MA | CHARITY | $20,000 |
| VERO BEACH OPERA VERO BEACH, FL | CHARITY | $20,000 |
| THE STONINGTON COMMUNITY CENTER STONINGTON, CT | CHARITY | $10,000 |
| WALLIS ANNENBERG CENTER BEVERLY HILLS, CA | CHARITY | $28 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| EVA FRANCHI | TRUSTEE | 4 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Sergio Franchi Music Foundation?
The Sergio Franchi Music Foundation is a private foundation focused on Arts, Culture & Humanities, based in STONINGTON, CT. It holds $1.0M in total assets as of 2024.
How large is The Sergio Franchi Music Foundation?
As of 2024, The Sergio Franchi Music Foundation holds $1.0M in total assets with $50K in annual revenue. It awarded 6 grants totaling $77K in 2024.
Where does The Sergio Franchi Music Foundation operate?
The Sergio Franchi Music Foundation has awarded grants in California, Connecticut, Florida, Massachusetts, New York.
What size grants does The Sergio Franchi Music Foundation award?
In 2024, The Sergio Franchi Music Foundation awarded 6 grants totaling $77K — an average of about $13K per grant, based on its IRS Form 990 filings.
How much is The Sergio Franchi Music Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Sergio Franchi Music Foundation reported a distributable amount of $71K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Sergio Franchi Music Foundation's EIN?
The Sergio Franchi Music Foundation's EIN (Employer Identification Number) is 83-2303882. 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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