AI Transparency Report
The Allan And Patricia Boscacci Family Foundation appears to be a private foundation, as indicated by its NTEE code T22 (Private Grantmaking Foundations) and its financial characteristics. Its latest reported revenue is $23,975,512, with assets of $26,067,361, suggesting a substantial endowment. However, the most recent detailed filing (Period 202406) shows revenue of $482,833 and expenses of $1,026,493, indicating a deficit spending for that period. This could be due to grantmaking exceeding annual investment income, which is common for foundations. The foundation consistently reports 0% officer compensation across all available filings, which is a positive indicator for minimizing administrative overhead related to executive pay. The foundation's assets have grown significantly over time, from $521,997 in 2012 to over $26 million currently, demonstrating effective asset management. The foundation's transparency is generally good, with consistent 990 filings available, though detailed breakdowns of program vs. administrative expenses are not provided in the summary data.