American Friends of LoveItaly

American Friends of LoveItaly is a U.S.-based nonprofit organization incorporated under Section 501(c)(3) of the U.S. Internal Revenue Code. The organization seeks to engage individuals and entities in the United States who are passionate about Italy and committed to preserving its rich history, culture, and heritage. It serves as a vital link between the U.S. and Italy, facilitating tax-deductible charitable contributions to support cultural preservation projects.

Mission

The mission of American Friends of LoveItaly is to support LoveItaly, a well-established nonprofit organization based in Rome. LoveItaly is dedicated to the preservation and celebration of Italy's renowned cultural heritage. American Friends of LoveItaly provides a trusted vehicle for philanthropic donations, allowing contributors to suggest specific projects they wish to support.

Activities and Partnerships

Through its partnership with LoveItaly, American Friends of LoveItaly helps facilitate restoration projects throughout Italy. These initiatives are often conducted in collaboration with Italian ministries, fine arts institutes, museums, and other national and local authorities.

Financial Overview

As of 2023, American Friends of LoveItaly reported revenues of approximately $62,300, with expenses totaling about $60,500. The organization's total assets were valued at around $300,000, with no liabilities recorded.

Governance

The Board of Directors includes notable members such as Richard Hodges as President, Victoria Lindsley, a marketing expert, and Tracy Roberts, who serves as Secretary and co-founded LoveItaly. Other members include Marco Maximilian Elser, an investment banker with significant experience, and Salvo Giammaresi.

American Friends of LoveItaly plays a crucial role in bridging cultural and philanthropic efforts between the U.S. and Italy, ensuring the preservation of Italy's cultural treasures for future generations.