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Sergio Franchi Music Foundation is a private trust based in STONINGTON, CT. The foundation received its IRS ruling in 2019. It holds total assets of $952K. Annual income is reported at $246K. Total assets have decreased from $1.3M in 2019 to $1M in 2024. The foundation is governed by 1 officer or trustee. The foundation operates in the area of arts & culture. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2024. The foundation primarily funds organizations in Connecticut, New York and Florida. According to available records, Sergio Franchi Music Foundation has made 11 grants totaling $247K, with a median grant of $2K. Annual giving has decreased from $128K in 2021 to $83K in 2023. Individual grants have ranged from $150 to $80K, with an average award of $22K. The foundation has supported 8 unique organizations. The foundation primarily supports organizations in Florida, California, New York, which account for 73% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$150
Median Grant
$64K
Average Grant
$43K
Largest Grant
$64K
Based on 3 grants from the most recent 990-PF filing.
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.
Sergio Franchi Music Foundation primarily funds organizations in the area of arts & culture. Based on available records, the foundation has funded 11 grants. Its grantmaking reaches organizations primarily in FL, CA, NY.
Sergio Franchi Music Foundation has distributed a total of $247K across 11 grants. The median grant size is $2K, with an average of $22K. Individual grants have ranged from $150 to $80K.
Sergio Franchi Music Foundation typically selects its grantees rather than accepting unsolicited proposals.
Sergio Franchi Music Foundation is headquartered in STONINGTON, CT. While based in CT, the foundation distributes grants to organizations across 5 states.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Eva Franchi | TRUSTEE | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$1M
Fair Market Value
N/A
Net Worth
$1M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
11
Total Giving
$247K
Average Grant
$22K
Median Grant
$2K
Unique Recipients
8
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Columbus ClubCHARITY | Framingham, MA | $2K | 2023 |
| UclaCHARITY | Los Angeles, CA | $80K | 2023 |
| Share IncCHARITY | Beverly Hills, CA | $1K | 2023 |
| Albano BalletCHARITY | Hartford, CT | $426 | 2023 |
| Vero Beach Opera IncFUNDING OPERATIONS | Vero Beach, FL | $17K | 2022 |
| American Society Of The ItalianACTIVITIES | New York, NY | $500 | 2022 |
| Ny State Knights Of ColumbusCHARITABLE ACTIVITIES AND CONTR. | Middle Village, NY | $64K | 2021 |
| Intl Alliance Of Theatrical StageACTIVITIES | West Hartford, CT | $150 | 2021 |