//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Valenti Foundation is a private corporation based in BLOOMFLD HLS, MI. The foundation received its IRS ruling in 1987. It holds total assets of $193K. Annual income is reported at $6K. Total assets have decreased from $480K in 2010 to $199K in 2022. The foundation is governed by 3 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in Michigan and New York. According to available records, Valenti Foundation has made 22 grants totaling $211K, with a median grant of $8K. Annual giving has decreased from $63K in 2020 to $15K in 2023. Grantmaking activity was highest in 2022 with $68K distributed across 12 grants. Individual grants have ranged from $1K to $45K, with an average award of $10K. The foundation has supported 13 unique organizations. Grants have been distributed to organizations in Michigan and New York. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$6K
Average Grant
$6K
Largest Grant
$10K
Based on 6 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.
Valenti Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 22 grants. Its grantmaking reaches organizations primarily in MI, NY.
Valenti Foundation has distributed a total of $211K across 22 grants. The median grant size is $8K, with an average of $10K. Individual grants have ranged from $1K to $45K.
Valenti Foundation typically selects its grantees rather than accepting unsolicited proposals.
Valenti Foundation is headquartered in BLOOMFLD HLS, MI. While based in MI, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Samuel Valenti Iii | CHAIRMAN | $0 | $0 | N/A |
| Kathleen Valenti | PRESIDENT | $0 | $0 | N/A |
| Eugene A Gargaro | SECRETARY | $0 | $0 | N/A |
Total Giving
$17K
Total Assets
$199K
Fair Market Value
$199K
Net Worth
$199K
Grants Paid
$15K
Contributions
$2K
Net Investment Income
N/A
Distribution Amount
$11K
Total Grants
22
Total Giving
$211K
Average Grant
$10K
Median Grant
$8K
Unique Recipients
13
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The Christ Child Society Of Detroit Christ Child HouseGENERAL FUND | Clawson, MI | $10K | 2023 |
| Our Neighborhood AcademyGENERAL FUND | Berkley, MI | $5K | 2023 |
| Holy Name Catholic ChurchEXPANDED LIVESTREAM | Birmingham, MI | $10K | 2022 |
| Child Safe MichiganGENERAL FUND | Royal Oak, MI | $10K | 2022 |
| 826 NycGENERAL FUND | Brooklyn, NY | $6K | 2022 |
| Child Of MaryGENERAL FUND | Bloomfield Hills, MI | $6K | 2022 |
| Crooked Tree Arts CenterGENERAL FUND | Petosky, MI | $2K | 2022 |
| The Suite Dreams ProjectGENERAL FUND | Rochester, MI | $1K | 2022 |
| University Of MichiganGENERAL FUND | Ann Arbor, MI | $45K | 2021 |
| Western Michigan University FdnGENERAL FUND | Kalamazoo, MI | $10K | 2021 |
| CatchGENERAL FUND | Detroit, MI | $21K | 2020 |
| The Salvation ArmyGENERAL FUND | Southfield, MI | $1K | 2020 |
| Academy Of The Sacred HeartGENERAL | Bloomfield Hills, MI | $1K | 2020 |