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The Valtarese Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 113054469 ✦ Astoria, NY ✦ Designated as a 501(c)(3)

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Overview

What is The Valtarese Foundation Inc?

The Valtarese Foundation Inc, a nonprofit organization, is committed to aiding individuals in need. They accomplish this mission by distributing funds to various organizations that offer assistance and also by granting scholarships. The foundation's work extends beyond direct aid, as it strives to invest in the education of deserving individuals, thereby contributing to the betterment of their lives and communities.

Is The Valtarese Foundation Inc legitimate?

The Valtarese Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Valtarese Foundation Inc submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

What is the mission statement of The Valtarese Foundation Inc?

The Valtarese Foundation, in its mission, aims to aid individuals in distress by providing financial assistance to relevant organizations and granting scholarships. It strives to contribute to the betterment of these individuals' lives through its charitable initiatives. By donating funds to deserving organizations, The Valtarese Foundation supports various programs aimed at assisting people in need. Furthermore, by offering scholarships, it aims to empower individuals by providing them with educational opportunities.

Who is the CEO of The Valtarese Foundation Inc?

Luigi Dellapina is the Treasurer of The Valtarese Foundation Inc.

What is the revenue of The Valtarese Foundation Inc?

The Valtarese Foundation Inc's revenue in 2022 was $70,138.

Who are the executives of The Valtarese Foundation Inc and what are their salaries?


Here are 2 key members and their salaries:


Luigi Dellapina (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gianfranco Capitelli (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for The Valtarese Foundation Inc?

The Valtarese Foundation Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of The Valtarese Foundation Inc

The Valtarese Foundation, a notable entity, dedicates its mission to aiding individuals in distress. It accomplishes this by contributing funds to various organizations that offer assistance and by granting scholarships. The foundation's primary objective is to assist those in need, demonstrating its commitment to altruism and philanthropy. By donating funds to suitable organizations, The Valtarese Foundation extends its reach and impact, ensuring that its resources are utilized effectively in supporting those less fortunate. Furthermore, by awarding scholarships, the foundation empowers individuals seeking higher education, enabling them to overcome financial barriers and pursue their academic goals.

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Impact




August, 2024

The Valtarese Foundation Inc has made a significant impact by assisting people in need through programs such as donating funds to organizations that provide assistance and awarding scholarships. Their work has helped individuals facing various challenges to receive the support they need to overcome obstacles and achieve their goals. This foundation's efforts have not only provided financial assistance but have also fostered a sense of community and compassion among those involved.




This information is meant to be a general summary of The Valtarese Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$70,138 (2022)
Expenses
$43,924 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $138
  • Gross Receipts: $70,138

Assets and Liabilities:

  • Total Assets: $206,991
  • Total Liabilities: $0
  • Net Assets: $206,991

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Organization Details

Principal Officer

Luigi Dellapina

Main Address

C/O G CAPITELLI 23-01 33RD STREET, ASTORIA, NY, 11105

NTEE Category

Code: X99Z - Religion related

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