funder logo

THE GALASSO FOUNDATION

THE GALASSO FOUNDATION

Clarence, NY, US
501(c)3
EIN
16-6031447
Private Foundation
Family Foundation
Regional Funder
funder logo

THE GALASSO FOUNDATION

Clarence, NY, US
501(c)3
EIN
16-6031447
Private Foundation
Family Foundation
Regional Funder

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$343,187

Investments
79%
Other
21%
Contributions
0%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024

$469,424

Grants
56%
Salaries & Benefits
22%
Other
18%
Fees to Service Providers
3%
Offices, Occupancy & IT
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$236,600
$271,598
+15%
Other
$231,861
$71,589
-69%
Total Revenues
$468,461
$343,187
-27%
Expenses
2023
2024
Change
Grants
$334,000
$261,750
-22%
Benefits to Members
$0
$0
-
Salaries & Benefits
$109,340
$104,340
-5%
Fees to Service Providers
$15,600
$15,600
+0%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$4,200
$4,200
+0%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$82,161
$83,534
+2%
Total Expenses
$545,301
$469,424
-14%
Net income
2023
2024
Change
Net income
-$76,840
-$126,237
-64%
Income Statement
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