ITALIAN AMERICAN CULTURAL FOUNDATION

BEACHWOOD, OH 44122 EIN 341213061

https://N/A
Total Given 2021–2022
$26K
57 grants · $13K avg/year
based on 2 yrs of IRS 990-PF records on file
<$100K/yr
micro funder
capacity
$100
typical micro grants · $100–$275
grant size
6%
transactional · 3/54 multi-year
repeat
$18K
Assets · 2021
54
Distinct recipients

About

STATEMENT OF REASONABLE CAUSE FOR LATE FILING OF THE 2020 990-PF FOR THE ITALIAN AMERICAN CULTURAL FOUNDATION:1. THE RETURN WAS ORIGINALLY PAPER FILED ON OR ABOUT 2/7/22 AND WAS RECEIVED BY THE IRS ON 2/14/22.2. THE FOUNDATION RECEIVED A NOTICE DATED 11/2/22 THAT THE RETURN WAS NOT ABLE TO BE PROCESSED AND WAS BEING TREATED AS INCOMPLETE BECAUSE THE RETURN WAS NOT EFILED. THE PAPER FILED RETURN ALONG WITH THE ORIGINAL ENVELOPE WAS RETURNED AS WELL. THE NOTICE INDICATED THE RETURN MUST BE FILED WITHIN 10 DAYS ALONG WITH A STATEMENT OF REASONABLE CAUSE FOR FILING THE RETURN LATE.3. THE RETURN WAS ORIGINALLY PAPER FILED BECAUSE THE PDF ATTACHMENT OF THE SCHOLARSHIP RECIPIENTS WAS NOT ABLE TO BE ATTACHED TO AN EFILED RETURN. HISTORICALLY THE FOUNDATION HAS PAPER FILED ALL PREVIOUS YEAR 990-PF'S BECAUSE OF THIS ATTACHMENT.4. AT THE TIME THE RETURN WAS FILED OUR SOFTWARE PROVIDER DIAGNOSTICS DID NOT ALERT US TO THE FACT THAT ALL 990'S MUST BE FILED ELECTRONCALLY. TRADITIONALLY A FACT SUCH AS THIS WOULD BE HIGHLIGHTED IN THE DIAGNOSTICS WHEN THE RETURN IS PREPARED.5. UPON RECEIPT OF THE NOTICE WE UPDATED THE SUPPLEMENTARY INFORMATION FOR GRANTS AND CONTRIBUTIONS PAID DURING THE YEAR TO INCLUDE ALL RECIPIENTS INCLUDING AMOUNTS.6. PLEASE NOTE THE FOUNDATION HAS CEASED OPERATIONS AND LIQUIDATED ALL THEIR ASSETS TO THREE OTHER CHARITABLE ORGANIZATIONS AS OF MARCH 31, 2022, AND WILL FILE A FINAL RETURN BY THE EXTENDED DUE DATE OF FEBRUARY 15, 2023. THIS RETURN WILL BE EFILED.BASED ON THE FACTS PRESENTED ABOVE, IN PARTICULAR THAT THE RETURN WAS INITIALLY FILED BEFORE THE EXTENDED DUE DATE AND IT TOOK APPROXIMATELY 261 DAYS TO RECEIVE THIS NOTICE, WE RESPECTFULLY REQUEST THE RETURNS BE CONSIDERED TIMELY FILED AND THE $20 A DAY PENALTY FOR FILING AN INCOMPLETE RETURN NOT BE ASSESSED.IF YOU NEED ADDITIONAL INFORMATION BEYOND THE SCOPE OF THIS REASONABLE CAUSE STATEMENT, PLEASE FEEL FREE TO CONTACT:HARRY T. SLOCUM, CPATHE D'AMORE TATMAN GROUP, LLC3659 GREEN RD., #124BEACHWOOD, OH 44122216-378-1550

Focus Areas

Education

Application Information

Accepts Unsolicited Proposals Unknown
Contact Person BOARD OF TRUSTEES CO THE ITALIAN AM
Phone 8005925373
Deadlines ESSAYS MUST BE SUBMITTED BY MARCH 15 OF EACH YEAR
How to Apply "APPLICATION FOR THE ITALIAN AMERICAN HERITAGE PROGRAM"
Restrictions STUDENTS OF PARTICIPATING HIGH SCHOOLS ARE TO BE OF ITALIAN DESCENT

Financial Trends

Giving Over Time

Total Assets Over Time

View financial data as table
YearTotal GivingTotal AssetsRevenueGrants
2021 $6K $18K $3K 32
2022 $19K $0 $2K 25

Grant Size Distribution

Based on 57 grants on record

Minimum
$25
25th Pctl
$100
Median
$100
Average
$452
75th Pctl
$275
Maximum
$5K

Geographic Distribution

US Grant Distribution Map

Key Personnel

NameTitleCompensation
CONNIE SANCETTA PRESIDENT
CHARLIE MANNO VICE PRESIDENT
DOMINIC M D'AMORE JR TREASURER
PETER APICELLA SECRETARY

Grants Awarded (57 total)

Purpose
PADUA FRANCISCAN HIGH SCHOOL BEACHWOOD, OH $5,454 CHARITABLE CONTRIBUTION 2022
MAYFIELD CITY SCHOOLS BEACHWOOD, OH $5,454 CHARITABLE CONTRIBUTION 2022
LAKE ERIE COLLEGE BEACHWOOD, OH $5,454 CHARITABLE CONTRIBUTION 2022
JAMES PICKERILL BEACHWOOD, OH $1,000 SCHOLARSHIP 2021
JAMES HOMADY BEACHWOOD, OH $750 SCHOLARSHIP 2021
ALEXANDRA STRAWBRIDGE BEACHWOOD, OH $500 SCHOLARSHIP 2021
RILEY MOORE BEACHWOOD, OH $500 SCHOLARSHIP 2022
GIANNA BORDONARO BEACHWOOD, OH $300 SCHOLARSHIP 2021
BLAKE KING BEACHWOOD, OH $300 SCHOLARSHIP 2021
GABRIELLA MELLEN BEACHWOOD, OH $300 SCHOLARSHIP 2021
JOSEPHINE CONTI BEACHWOOD, OH $300 SCHOLARSHIP 2021
JOSEPH BICAN BEACHWOOD, OH $300 SCHOLARSHIP 2021
HALEY LACKNER BEACHWOOD, OH $275 SCHOLARSHIP 2021
GIOVANNI CERAOLO BEACHWOOD, OH $275 SCHOLARSHIP 2021
HARRISON PALLANT BEACHWOOD, OH $275 SCHOLARSHIP 2021
NICKOLAS MORALES BEACHWOOD, OH $250 SCHOLARSHIP 2022
NATALIE MOSCARINO BEACHWOOD, OH $250 SCHOLARSHIP 2022
BOND BREWSTER BEACHWOOD, OH $200 SCHOLARSHIP 2021
LUIS FRANCO VILLANIGA BEACHWOOD, OH $200 SCHOLARSHIP 2022
ISABELLA SUGAR BEACHWOOD, OH $200 SCHOLARSHIP 2022
MADELINE DAHER BEACHWOOD, OH $100 SCHOLARSHIP 2021
LUIS FRANCO VILLANIGA BEACHWOOD, OH $100 SCHOLARSHIP 2021
LUIGI FILIPPELII BEACHWOOD, OH $100 SCHOLARSHIP 2021
LILLIANNA DIBARTOLO BEACHWOOD, OH $100 SCHOLARSHIP 2021
NADIA GERBASI BEACHWOOD, OH $100 SCHOLARSHIP 2021