GALASSO FOUNDATION
CLARENCE,
New York,
14031
EIN: 16-6031447
Philanthropy, Voluntarism and Grantmaking Foundations
DEMOGRAPHIC
ADDRESS
PO BOX 685
14031
COUNTY
erie county, NY
ORGANIZATIONAL OVERVIEW & RANKINGS
GALASSO FOUNDATION is a based in CLARENCE, NY, focused on Philanthropy, Voluntarism and Grantmaking Foundations causes , specifically Private Grantmaking Foundations. Established in April 1963, it operates as an independent trust and contributions to this organization are tax-deductible .
With total assets of $8,394,198.00, this ranks 65,733 among 2,656,690 nonprofits nationally (Top 3%), demonstrating exceptional financial capacity relative to its peers. At the state level, it stands at 6,432 out of 159,053 organizations in NY (Top 5%).
In erie county, NY, the organization ranks 246 out of 7,328 nonprofits by assets (Top 4%), while locally in clarence, it stands at 4 among 126 organizations (Top 2%).
The organization reported no revenue in the most recent filing period, placing it at 1,809,454 nationally and 156,576 in NY.
Within its specific NTEE classification (T20 - T: Philanthropy, Voluntarism and Grantmaking Foundations), which includes 31,185 similar organizations, GALASSO FOUNDATION ranks 2,926 in assets (Top 10%) and 14,627 in revenue (Top 47%).
The organization files a 990 - Not required to file(all other) and operates on a November fiscal year.
CLASSIFICATION
ORGANIZATION CODE
2: Trust
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
Other religious activities
Gifts grants or loans to other organizations
Other school related activities
NTEE COMMON CODE
T: Philanthropy, Voluntarism and Grantmaking Foundations
NTEE CODE
T20: Private Grantmaking Foundations
FOUNDATION CODE
N/A
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
TAX PERIOD
12/2023
ACCOUNTING PERIOD
12
INCOME CODE
6: $1,000,000 to $4,999,999
INCOME AMOUNT
$2,441,855.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
04/1963
ASSET CODE
7: $5,000,000 to $9,999,999
ASSET AMOUNT
$8,394,198.00
FILING REQUIREMENT CODE
990 - Not required to file(all other)
PF FILING REQUIREMENT CODE
990-PF return
Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.
Recently Saved Organizations
Click on the save icon from a search results or organization page.
