Small Public Charity

ITAL FOUNDATION (F/K/A SVIEC FOUNDATION)

ITAL FOUNDATION (F/K/A SVIEC FOUNDATION) is a nonprofit organization categorized as Small Public Charity based in ATHERTON, CA. Its most recent IRS filing (2025) reports revenue of $22K, expenses of $35K, total assets of $118K. Imperigo tracks 1 reported grant relationships connected to this organization totaling approximately $30K.

EIN: 241468921 ATHERTON, CA Professional Societies & Associations NTEE: B03 Latest filing: 2025
Total Revenue$22K
Total Expenses$35K
Total Assets$118K
Grant Records1
Funding Total$30K
Filing Years2021–2025

Mission

ITAL FOUNDATION PROMOTES EDUCATIONAL ACTIVITIES THAT FOSTER ENTREPRENEURSHIP AND PROFESSIONAL DEVELOPMENT IN THE ITALIAN AND ITALIAN-AMERICAN COMMUNITY. IT DEVELOPS PROGRAMS AND ORGANIZES EVENTS THAT FOCUS ON KNOWLEDGE SHARING, MENTORING AND NETWORKING, LEADING TO ECONOMIC DEVELOPMENT AND BETTER OPPORTUNITIES FOR THE TARGET COMMUNITY.

Officers & Directors

BOARD MEMBER Ezio Valdevit
TREASURER Franco Cirelli
PRESIDENT Giacomo Marini
VICE PRESIDENT Luigi Bajetti
VICE PRESIDENT Marco Marini
BOARD MEMBER Pierluigi Zappacosta

Officer compensation and complete director data available with membership.

Top Grant Purposes

For grant recipient's exempt purposes
$30,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $22K $35K $118K
2024 $128K $16K $131K
2023 $10K $11K $18K
2022 $5K $11K $20K
2021 $41K $21K $31K

Between 2021 and 2025, reported annual revenue declined from $41K to $22K (-46%), with total assets most recently reported at $118K.

Interactive year-over-year charts and full filing details available with membership.

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