Overview
What is San Francisco Italian Athletic Club Foundation?
The San Francisco Italian Athletic Club Foundation is a nonprofit organization, located at 1630 Stockton Street, San Francisco, CA 94133. Its primary focus is on providing educational opportunities for the children, grandchildren, and great-grandchildren of individuals of Italian descent. This is achieved by offering scholarships to help these young people attain their college and high school education goals. The organization recognizes the importance of education in shaping tomorrow's leaders, as the founders, being descendants of Italian immigrants, understand the significance of limited financial assistance in achieving educational objectives. In addition to its educational mission, the San Francisco Italian Athletic Club Foundation engages in charitable activities, including promoting and preserving Italian culture and heritage through cultural events and activities. The organization is flexible in determining other relevant charitable and educational activities, as decided by its Board of Directors. The foundation also hosts an annual Highschool Sports Award Dinner, honoring the top-performing male and female student-athletes in San Francisco high schools with perpetual trophies, keynote speakers, and a sit-down dinner. The proceeds from this event are donated to various non-profits that support high school athletics in San Francisco.
Official website here: www.sfiacfoundation.com
Is San Francisco Italian Athletic Club Foundation legitimate?
San Francisco Italian Athletic Club Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. San Francisco Italian Athletic Club Foundation submitted a form 990, 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.
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Official website here: www.sfiacfoundation.com
What is the mission statement of San Francisco Italian Athletic Club Foundation?
The San Francisco Italian Athletic Club Foundation is committed to engaging in charitable and educational activities. One of its primary objectives is to promote and preserve Italian culture and heritage through various cultural events and activities. Additionally, the foundation is flexible in determining other appropriate charitable and educational activities, as decided by its board of directors. The organization was formed with the purpose of providing educational opportunities, specifically scholarships, to the children, grandchildren, and great-grandchildren of individuals of Italian descent. The foundation recognizes the value of financial assistance in achieving educational goals, as many Italian immigrants had limited access to such support in the past. The Highschool Sports Award Dinner, an annual event organized by the foundation, recognizes the top-performing male and female student-athletes in San Francisco high schools, with keynote speakers, perpetual trophies, and a sit-down dinner. Proceeds from this event are donated to non-profits supporting high school athletics in San Francisco.
Official website here: www.sfiacfoundation.com
Who is the CEO of San Francisco Italian Athletic Club Foundation?
Unavailable
Official website here: www.sfiacfoundation.com
What is the revenue of San Francisco Italian Athletic Club Foundation?
San Francisco Italian Athletic Club Foundation's revenue in 2022 was $240,615.
Official website here: www.sfiacfoundation.com
Who are the executives of San Francisco Italian Athletic Club Foundation and what are their salaries?
There 9 volunteers at San Francisco Italian Athletic Club Foundation.
Here are 9 key members and their salaries:
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Official website here: www.sfiacfoundation.com
Where can I find the form 990 for San Francisco Italian Athletic Club Foundation?
San Francisco Italian Athletic Club Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sfiacfoundation.com
Learn more at the official website: www.sfiacfoundation.com
Mission Statement of San Francisco Italian Athletic Club Foundation
The San Francisco Italian Athletic Club Foundation is committed to engaging in charitable and educational activities. A significant part of its mission involves promoting and preserving Italian culture and heritage through various cultural events and activities. Beyond this, the organization is open to pursuing any other related charitable and educational activities as deemed appropriate by its board of directors.
Furthermore, one of the foundation's primary objectives is to provide educational opportunities for the children, grandchildren, and great-grandchildren of individuals of Italian descent. To achieve this, the foundation offers scholarships to help these young people realize their educational goals. By doing so, the foundation aims to foster tomorrow's leaders, drawing on the personal experiences of its members, who themselves were descendants of Italian immigrants with limited access to educational assistance.
The San Francisco Italian Athletic Club Foundation also hosts an annual Highschool Sports Award Dinner. This event honors the top-performing male and female student-athletes from San Francisco high schools with perpetual trophies, as well as inviting keynote speakers and hosting a sit-down dinner. The proceeds from this event are donated to various non-profit organizations that support high school athletics in San Francisco. In this way, the foundation not only celebrates the achievements of these talented student-athletes but also contributes to the broader community.
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Impact
October, 2024
The San Francisco Italian Athletic Club Foundation plays a vital role in promoting and preserving Italian culture and heritage while simultaneously supporting educational advancement for the descendants of Italian immigrants. By providing scholarships to high school and college students of Italian descent, the Foundation addresses a significant need for financial assistance that many families experience, ensuring that the next generation has access to educational opportunities.
In addition to its educational initiatives, the Foundation hosts cultural events and activities that enrich the community's understanding of Italian traditions and values. One notable event is the High School Sports Award Dinner, which honors outstanding male and female student-athletes from San Francisco's high schools. This event not only celebrates athletic achievement but also raises funds for local non-profits that support high school athletics, demonstrating the Foundation’s commitment to fostering both academic and athletic excellence.
Through these efforts, the Foundation has made a significant impact by nurturing future leaders and celebrating cultural heritage, thereby contributing to the social fabric of the San Francisco community.
This information is meant to be a general summary of San Francisco Italian Athletic Club Foundation. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $27,084
- Program Service Revenue: $46,966
- Gross Receipts: $299,958
Assets and Liabilities:
- Total Assets: $435,596
- Total Liabilities: $53,034
- Net Assets: $382,562
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Statuto Race
Revenue
$18,721
Sports Award Dinner
Revenue
$12,727
Italian Lessons
Revenue
$15,518
Organization Details
Founding Year
1995
Phone
(415) 781-0165Main Address
1630 Stockton Street, San Francisco, CA, 94133
Website
www.sfiacfoundation.comNTEE Category
Code: A23 - Arts
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