The Piccinini Pesco Family Foundation
EIN 854189182About
As explained below, the Foundation has no plans for dissolution. This statement is submitted to report the distribution of certain assets during the year. The distributions resulted in a substantial contraction of assets. The following information is submitted in accordance with Treasury Regulation Section 1.6043-3(a)(1) and the Form 990-PF instructions: During the taxable year ending December 31, 2021, the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled $1,638,585. This amount represents 25% or more of the Foundation's net assets of $4,000,001 (as measured by fair market value) at the beginning of the Foundation's taxable year ending December 31, 2021. Although the Foundation technically experienced a substantial contraction, it will continue in existence and has no plans for dissolution. The Foundation made distributions of cash to the grantees listed in the attachment to Part XIV, Line 3a; each such grant was made solely for the charitable purpose specified therein.
Focus Areas
Application Information
Financial Trends
Giving Over Time
Total Assets Over Time
View financial data as table
| Year | Total Giving | Total Assets | Revenue | Grants |
|---|---|---|---|---|
| 2020 | N/A | $4.0M | $4.0M | N/A |
| 2021 | $1.7M | $2.3M | $2K | 7 |
| 2022 | $1.2M | $3.1M | $2.0M | 9 |
| 2023 | $690K | $2.5M | $128K | 7 |
Grant Size Distribution
Based on 23 grants on record
Geographic Distribution
Officers & Directors
Grants Awarded (23 total)
| Purpose | ||||
|---|---|---|---|---|
| Stanislaus Community Foundation | Modesto, CA | $1,000,000 | The Piccinini Pesco Family Fund | 2021 |
| Stanislaus Community Foundation | Modesto, CA | $500,000 | The Piccinini Pesco Family Fund | 2023 |
| Stanislaus Community Foundation | Modesto, CA | $500,000 | The Piccinini Pesco Family Fund | 2022 |
| Modesto Childrens Museum Inc | Modesto, CA | $400,000 | Museum Building Fund | 2022 |
| East Bay Community Foundation | Oakland, CA | $251,000 | General & Unrestricted | 2021 |
| Policylink | Oakland, CA | $150,000 | General & Unrestricted | 2021 |
| California Pacific Medical Center Foundation | San Francisco, CA | $100,000 | General & Unrestricted | 2021 |
| Save Mart Cares Foundation | Modesto, CA | $100,000 | General & Unrestricted | 2021 |
| Modesto Childrens Museum Inc | Modesto, CA | $100,000 | General & Unrestricted | 2022 |
| Oakland Promise | Oakland, CA | $80,000 | Generation Fund | 2022 |
| Urban Habitat Program | Oakland, CA | $75,000 | Rising Juntos Fund | 2023 |
| East Bay Community Foundation | Oakland, CA | $50,000 | Just East Bay Fund | 2023 |
| De Marillac Academy | San Francisco, CA | $50,000 | General & Unrestricted | 2022 |
| De Marillac Academy | San Francisco, CA | $25,000 | Annual support toward education | 2021 |
| Golden State Warriors Community Foundation | San Francisco, CA | $25,000 | Annual program which supports various education and youth development nonprofits in Alameda and San Francisco counties | 2021 |
| Gallo Center for the Arts Inc | Modesto, CA | $25,000 | General & Unrestricted | 2023 |
| Richmond Community Foundation | Richmond, CA | $25,000 | The Black Wealth Builders Fund | 2023 |
| De Marillac Academy | San Francisco, CA | $25,000 | Sponsorship 2022 - Annual support toward education | 2022 |
| The Philanthropy Workshop Inc | New York, NY | $12,000 | General & Unrestricted | 2023 |
| The Philanthropy Workshop Inc | New York, NY | $12,000 | General & Unrestricted | 2022 |
| The Philanthropy Workshop Inc | New York, NY | $5,000 | Charitable Event | 2022 |
| Big Valley Grace Community Church & Big Valley Chr | Modesto, CA | $2,500 | General & Unrestricted | 2023 |
| Big Valley Grace Community Church & Big Valley Chr | Modesto, CA | $2,500 | General purpose | 2022 |