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Venusti Family Foundation Inc. is a private corporation based in BRUNSWICK, GA. The foundation received its IRS ruling in 2021. The principal officer is John Venusti. It holds total assets of $1.2M. Annual income is reported at $119K. Total assets have grown from $234K in 2021 to $974K in 2023. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2021 to 2023. The foundation primarily funds organizations in Rhode Island, Virginia and Massachusetts. According to available records, Venusti Family Foundation Inc. has made 18 grants totaling $65K, with a median grant of $2K. Annual giving has grown from $25K in 2022 to $40K in 2023. Individual grants have ranged from $2K to $10K, with an average award of $4K. The foundation has supported 6 unique organizations. Grants have been distributed to organizations in Rhode Island and Massachusetts and Virginia. Contributions to this foundation are tax-deductible.
Smallest Grant
$2K
Median Grant
$2K
Average Grant
$2K
Largest Grant
$3K
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.
Venusti Family Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 18 grants. Its grantmaking reaches organizations primarily in RI, MA, VA.
Venusti Family Foundation Inc. has distributed a total of $65K across 18 grants. The median grant size is $2K, with an average of $4K. Individual grants have ranged from $2K to $10K.
Venusti Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Venusti Family Foundation Inc. is headquartered in BRUNSWICK, GA. While based in GA, the foundation distributes grants to organizations across 3 states.
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Officer and trustee information is not yet available for this foundation. This data is typically reported in Part VIII of the 990-PF filing.
Total Giving
$41K
Total Assets
$974K
Fair Market Value
$974K
Net Worth
$974K
Grants Paid
$40K
Contributions
N/A
Net Investment Income
$18K
Distribution Amount
$46K
Total: $258K
Total Grants
18
Total Giving
$65K
Average Grant
$4K
Median Grant
$2K
Unique Recipients
6
Most Common Grant
$2K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Little Compton Historical SocietyGeneral purpose | Little Compton, RI | $10K | 2023 |
| Sakonnet Preservation AssociationGeneral purpose | Little Compton, RI | $6K | 2023 |
| Potter League For AnimalsGeneral purpose | Middletown, RI | $6K | 2023 |
| Dana-Farer Cancer InstituteGeneral purpose | Boston, MA | $6K | 2023 |
| The Nature ConservancyGeneral purpose | Arlington, VA | $6K | 2023 |
| St Catherine Of Siena ChurchGeneral Purpose | Little Compton, RI | $6K | 2023 |
ATLANTA, GA
ATLANTA, GA
ATLANTA, GA