Louis G Piancone Charitable Foundation Inc
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
Louis G Piancone Charitable Foundation Inc is a 501(c)(3) organization based in Palm Beach, Florida, registered in 1982, with $30,631 in FY2024 revenue. CharityIndex grades it D.
2660 S Ocean Blvd # 405, Palm Beach, FL, 33480 EIN 22-2405305 Since 1982
Revenue (FY2024)
$31K
▼ 81.1% vs prior year
Expenses (FY2024)
$39K
Net assets
$48K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Louis G Piancone Charitable Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DFinancial health25% of the rating15 mo reserves · -29% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Louis G Piancone Charitable Foundation Inc: 15 mo reserves · -29% margin earns a D on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Louis G Piancone Charitable Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Louis G Piancone Charitable Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 2660 S Ocean Blvd # 405, Palm Beach, FL, 33480
- City
- Palm Beach
- State
- Florida
- Category
- —
- Subcategory
- —
Financial trends
Revenue declined from $161K (FY2013) to $31K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $48K
Operating margin
-28.5%
Spent more than it raised in the latest fiscal year.
Total assets
$48K
Total liabilities
$0
Net assets
$48K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $30,631▼81.1% | $39,370▼77.5% | $47,592▼15.5% | $47,592▼15.5% | 990PF |
| 2023 | $162,482▲762% | $174,738▲261% | $56,331▼17.9% | $56,331▼17.9% | 990PF |
| 2022 | $18,844▼91.3% | $48,458▼80.1% | $68,587▼30.2% | $68,587▼30.2% | 990PF |
| 2021 | $215,391▲1697% | $243,308▲654% | $98,201▼22.1% | $98,201▼22.1% | 990PF |
| 2020 | $11,983▼91.9% | $32,263▼43.0% | $126,118▼13.9% | $126,118▼13.9% | 990PF |
| 2019 | $147,853▲718% | $56,586▲109% | $146,398▲166% | $146,398▲166% | 990PF |
| 2018 | $18,068▼12.9% | $27,134▼22.1% | $55,131▼14.1% | $55,131▼14.1% | 990PF |
| 2017 | $20,743▲41.6% | $34,821▲2.0% | $64,197▼18.0% | $64,197▼18.0% | 990PF |
| 2016 | $14,649▼41.4% | $34,144▼23.2% | $78,275▼19.9% | $78,275▼19.9% | 990PF |
| 2015 | $24,984▲173% | $44,479▼4.9% | $97,770▼16.6% | $97,770▼16.6% | 990PF |
| 2014 | $9,147▼94.3% | $46,776▲472% | $117,265▼24.3% | $117,265▼24.3% | 990PF |
| 2013 | $161,476 | $8,180 | $154,894 | $154,894 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is Louis G Piancone Charitable Foundation Inc a legitimate nonprofit?
- Yes. Louis G Piancone Charitable Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 22-2405305, based in Palm Beach, Florida. Donations are tax-deductible.
- What is Louis G Piancone Charitable Foundation Inc's EIN?
- Louis G Piancone Charitable Foundation Inc's Employer Identification Number (EIN) is 22-2405305.
- How much revenue does Louis G Piancone Charitable Foundation Inc report?
- Louis G Piancone Charitable Foundation Inc reported $30,631 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Louis G Piancone Charitable Foundation Inc have?
- CharityIndex grades Louis G Piancone Charitable Foundation Inc D, based on financial health (reserves and operating margin).
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Data for Louis G Piancone Charitable Foundation Inc (EIN 22-2405305) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.