Dino Olivetti Foundation INC

Tax-deductible

Wilmington, DE501(c)(3)EIN 04-6043143Revenue $73K in FY2025

On file with the IRSFoundation Source 501 Silverside Rd, 19809-0000 · Wilmington, DETax-exempt since Mar 1962Private non-operating foundation

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501(c)(3) charity; gifts are tax-deductible.
$6K paid to officers and key staff.
Status: IRS Pub. 78 · Pay: Part VII

Before you give

FY2025 · Form 990-PFIndependent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990-PF
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 6
filings with a surplus
Average deficit $28K a year · 60% of revenue · last 6 filings
Concern: a surplus in 1 of the last 6 filings.
990-PF Pt I · 6 filings
Pay to officers and key staff
$6K
to officers and key staff · 8% of spending
Looks good: pay to officers and key staff is 8% of spending; 15% or less.
990-PF Pt VIII
Cash reserves
37 mo
of spending, in cash
Looks good: 37.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
990-PF Pt II
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$73K
+139% vs prior year
Spent
$75K
Net assets
$920K
By yearFY2020–FY2025
Revenue
$73K
FY2025▲ +139%
Tap a bar for its year
Revenue by fiscal year
FY2020$27K
FY2021$88K
FY2022$32K
FY2023$26K
FY2024$31K
FY2025$73K
Expenses
$75K
FY2025▲ +5%
Tap a bar for its year
Expenses by fiscal year
FY2020$66K
FY2021$68K
FY2022$84K
FY2023$78K
FY2024$72K
FY2025$75K
Net assets
$920K
FY2025-0.2%
Tap a bar for its year
Net assets by fiscal year
FY2020$1.0M
FY2021$1.1M
FY2022$1.0M
FY2023$963K
FY2024$921K
FY2025$920K

From the FY2025 Form 990 · see the original

Form 990 (PDF) Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Mar 1962.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

What each dollar paid for.

Grants & contributions paid 59% · $44K Operating & administrative 41% · $31K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

5 people listed on the 990-PF; $6K paid to officers and key staff.

Part VII, Section A · reportable compensation
Dir, Treas
$1,500Pt VII · Sec A
$1,500Pt VII · Sec A
$1,500Pt VII · Sec A
$1,500Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 6 named individuals · Part VII

NameFY2025FY2024FY2023
Marc Olivetti$1,500$1,500$1,500
Peter Olivetti$1,500$1,500$1,500
Philip Olivetti$1,500$1,500$1,500
Jaffray K Olivetti McMorrow$1,500$1,500$1,500
Cristina Spencer—$1,500$1,500
Connie Olivetti——$1,500

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Programs and updates

A private foundation based in Wilmington, DE.

Questions for Dino Olivetti Foundation INC

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Provided by the organization

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Grants and how to apply

Who it funds, and how to ask.

Who They Fund

Part XV · grants paid · 6 grants · $44K · 2025–2025
American-Italian Cancer FoundationFY2025$25,000
Childrens Heart FoundationFY2025$10,000
American-Italian Cancer FoundationFY2025$5,000
American-Italian Cancer FoundationFY2025$3,000
Groundworks Art Lab INCFY2025$1,000
Dutchess Land Conservancy INCFY2025$500

Grantmaking Profile

Patterns in foundation giving
Average grantPart XV$7K
Median grantPart XV$5K
Largest grantPart XV$25K

By the numbers

The FY2025 990-PF, line by line.

1The main four
Money in
$73K
Investment income$73K
Money out
$75K
Grants paid$44K
Running costs$31K
Owns and owes
$920K
net assets
Cash and savings$233K
Total assets$920K
Liabilities$0
People
5
listed
Paid4
2In more detail
Revenue in detail
Investment income$73K
Total revenue$73K
Assets in detailEnd of year
Cash and savings together$233K
Total assets$920K
Liabilities$0
Net assets$920K
Operations
Fiscal year endsDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $73K$75K−$2K$920K 990 PDF
FY2024 $31K$72K−$41K$921K 990 PDF
FY2023 $26K$78K−$52K$963K 990 PDF
FY2022 $32K$84K−$52K$1.0M 990 PDF
FY2021 $88K$68K$20K$1.1M 990 PDF
FY2020 $27K$66K−$38K$1.0M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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