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Nonprofiteer
← ALBERICI FOUNDATION

Form 990 for tax year 2024

Filed by ALBERICI FOUNDATION.

Totals

Total revenue
$1,422,362
Total expenses
$80,296
Contributions and grants received
$1,030,000
Grants paid
$24,000
Program service revenue
$0
Investment income
$392,362
Other revenue
$0
Total assets, end of year
$6,908,401
Total liabilities, end of year
$200,000
Net assets or fund balances, end of year
$6,708,401
Program services expenses (Part IX)
$54,865
Management and general expenses
$25,431
Fundraising expenses
$0
Program service expenses (Part III)
$54,865

Program services were 68.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $1,030,000

  • 3 · Investment income

    total $180,464 · excluded $180,464

  • 7a · Gross sales of assets other than inventory

    securities $2,068,251

  • 7b · Less cost or other basis and sales expenses

    securities $1,856,353

  • 7c · Gain or loss

    securities $211,898

  • 7d · Net gain or loss

    total $211,898 · excluded $211,898

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $24,000 · program services $24,000

  • 11f · Fees: investment management

    total $30,865 · program services $30,865

  • 11g · Fees: other

    total $25,431 · management and general $25,431

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $739,104 · end of year $39,986

  • 2 · Savings and temporary cash investments

    beginning of year $59,680 · end of year $98,810

  • 11 · Investments: publicly traded securities

    beginning of year $4,865,622 · end of year $6,769,605

  • 18 · Grants payable

    beginning of year $550,000 · end of year $200,000

  • 27 · Net assets without donor restrictions

    beginning of year $5,114,406 · end of year $6,708,401

Mission and programs · 2024

Mission

THIS ORGANIZATION OPERATES EXCLUSIVELY FOR THE BENEFIT, TO PERFORM THE FUNCTIONS, AND TO CARRY OUT THE PURPOSES OF THE ST. LOUIS COMMUNITY FOUNDATION, INC. THROUGH GRANT MAKING, DISSEMINATING INFORMATION/PUBLIC EDUCATION, CONVENING MEMBERS OF THE COMMUNITY AND OTHER ACTIVITIES TYPICAL OF A COMMUNITY FOUNDATION.

Activities or mission (Part I)

FOR THE BENEFIT, TO PERFORM THE FUNCTIONS, AND TO CARRY OUT THE PURPOSES OF THE ST. LOUIS COMMUNITY FOUNDATION, INC.

  • THIS ORGANIZATION OPERATES EXCLUSIVELY FOR THE BENEFIT, TO PERFORM THE FUNCTIONS, AND TO CARRY OUT THE PURPOSES OF THE ST. LOUIS COMMUNITY FOUNDATION, INC. THROUGH GRANT MAKING, CONDUCTING RESEARCH, DISSEMINATING INFORMATION/PUBLIC EDUCATION, CONVENING MEMBERS OF THE COMMUNITY AND OTHER ACTIVITIES TYPICAL OF A COMMUNITY FOUNDATION. THESE ACTIVITIES SHALL EXCLUSIVELY ADVANCE THE CHARITABLE PURPOSES OF THE ST. LOUIS COMMUNITY FOUNDATION, INC. THAT ARE: THE PROMOTION OF THE CARE OF THE SICK, AGED, INFIRM AND HANDICAPPED, THE CARE OF CHILDREN, THE IMPROVEMENT OF LIVING, WORKING AND ENVIRONMENTAL CONDITIONS OR FACILITIES AND SUCH OTHER CHARITABLE, EDUCATIONAL AND SCIENTIFIC PURPOSES THAT WILL ASSIST IN THE BETTERMENT OF MENTAL, SOCIAL AND PHYSICAL CONDITIONS, OF THE HUMAN RACE AND PRIMARILY,BUT NOT LIMITED TO, THE INHABITANTS OF THE CITY OF ST. LOUIS AND THE ADJACENT AREAS,AS NOW OR HEREAFTER CONSTITUTED, REGARDLESS OF RACE, RELIGION, SEX, PLACE OF NATIONAL ORIGIN,OR POLITICAL PERSUASION.IN THE 12 MONTHS ENDED 12/31/24, WE ISSUED 9 GRANTS TO VARIOUS NOT-FOR-PROFIT ORGANIZATIONS.

    Expenses $54,865 · Grants $24,000

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • John S Alberici

    CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Mary Frances Sedlacek

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Dwight Canning

    SECRETARY

    Total calculated
    $245,923
    From this org
    $0
    From related orgs
    $231,000
    Other
    $14,923
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $206,000 related
    Bonus
    $0 + $25,000 related
    Other
    $0
    Deferred
    $0 + $13,390 related
    Nontaxable benefits
    $0 + $1,533 related
    Filer's total
    $0 + $245,923 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 3
A RELATED ORGANIZATION USES THE FOLLOWING TO ESTABLISH COMPENSATION: COMPENSATION SURVEY OR STUDY AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
Filed
11 November 2025
IRS schema version
2024v5.2
Source object
202513169349301911

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