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Also known as: CHARITABLE TRUST
Ferdinand H & Sarah M Cinelli Charitable Trust is a private corporation based in YARMOUTH, ME. The foundation received its IRS ruling in 2003. The principal officer is % Peter Cinelli. It holds total assets of $1.6M. Annual income is reported at $560K. The foundation operates in the area of philanthropy & grantmaking. According to available records, Ferdinand H & Sarah M Cinelli Charitable Trust has made 6 grants totaling $212K, with a median grant of $35K. The foundation has distributed between $68K and $74K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $74K distributed across 2 grants. Individual grants have ranged from $34K to $37K, with an average award of $35K. The foundation has supported 2 unique organizations. Grant recipients are concentrated in Maine. Contributions to this foundation are tax-deductible.
Ferdinand H & Sarah M Cinelli Charitable Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 6 grants. Its grantmaking reaches organizations primarily in ME.
Ferdinand H & Sarah M Cinelli Charitable Trust has distributed a total of $212K across 6 grants. The median grant size is $35K, with an average of $35K. Individual grants have ranged from $34K to $37K.
Ferdinand H & Sarah M Cinelli Charitable Trust is a private foundation. To inquire about grants, you can look up the foundation using their EIN (036084732) on GuideStar or contact them directly. Many private foundations have specific application processes that may not be publicly listed.
Ferdinand H & Sarah M Cinelli Charitable Trust is headquartered in YARMOUTH, ME.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Peter Cinelli | TRUSTEE | $0 | $0 | $0 |
Total Giving
$87K
Total Assets
$1.4M
Fair Market Value
$1.4M
Net Worth
$1.4M
Grants Paid
$70K
Contributions
$0
Net Investment Income
$23K
Distribution Amount
$68K
Total: $1.3M
Total Grants
6
Total Giving
$212K
Average Grant
$35K
Median Grant
$35K
Unique Recipients
2
Most Common Grant
$37K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Etruscan FoundationRESEARCH OF ETRUSCAN CIVILIZATION | Yarmouth, ME | $35K | 2023 |
| Spannocchia FoundationRESEARCH OF ETRUSCAN CIVILIZATION | Yarmouth, ME | $35K | 2023 |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
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