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Brancati Foundation is a private corporation based in LAS CRUCES, NM. The foundation received its IRS ruling in 2011. The principal officer is Gregory Blanch. It holds total assets of $81K. Annual income is reported at $25K. Total assets have grown from $30K in 2011 to $69K in 2023. The foundation is governed by 1 officer or trustee. The foundation operates in the area of education. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. According to available records, Brancati Foundation has made 7 grants totaling $53K, with a median grant of $500. Annual giving has decreased from $1K in 2020 to $500 in 2023. Grantmaking activity was highest in 2022 with $51K distributed across 4 grants. Individual grants have ranged from $500 to $25K, with an average award of $8K. The foundation has supported 4 unique organizations. Grant recipients are concentrated in New Mexico. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Brancati Foundation primarily funds organizations in the area of education. Based on available records, the foundation has funded 7 grants. Its grantmaking reaches organizations primarily in NM.
Brancati Foundation has distributed a total of $53K across 7 grants. The median grant size is $500, with an average of $8K. Individual grants have ranged from $500 to $25K.
Brancati Foundation typically selects its grantees rather than accepting unsolicited proposals.
Brancati Foundation is headquartered in LAS CRUCES, NM.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Roberta Stathis | PRESIDENT | $0 | $0 | N/A |
Total Giving
$3K
Total Assets
$69K
Fair Market Value
$69K
Net Worth
$69K
Grants Paid
$500
Contributions
$11K
Net Investment Income
$2K
Distribution Amount
$3K
Total: N/A
Total Grants
7
Total Giving
$53K
Average Grant
$8K
Median Grant
$500
Unique Recipients
4
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Immaculate Heart Of MaryBOOK FUND | Las Cruces, NM | $1K | 2020 |
| Anton KochASC AWARD | Las Cruces, NM | $500 | 2023 |
| NmsuSCHOLARSHIPS | Las Cruces, NM | $25K | 2022 |
| Dominic MorrisASC AWARD | Las Cruces, NM | $500 | 2022 |