Kefalas-Pinto Foundation Inc

The Kefalas-Pinto Foundation Inc is a U.S. nonprofit organization established in 1998. It operates primarily to continue the legacy of Olga Doris Pinto (née Kefalas) and Dr. Peter Pinto by promoting their core values, which include helping those in need, with a special focus on children, a love of learning, perseverance, and devotion to family and friends.

Mission and Activities

The foundation's mission is to support charities and organizations that align with its core values. It provides financial assistance to entities that cater to the needs of children, emphasizing educational and supportive programs. The foundation also embodies a commitment to fostering educational opportunities and spiritual support.

Financial Overview

As of 2023, the Kefalas-Pinto Foundation Inc reported a revenue of approximately $139,000 and expenses amounting to $89,500. The foundation's total assets were valued at $1.42 million, with no recorded liabilities during the same period[3]. In 2023, the foundation provided $71,400 in grants[5].

Leadership

The foundation is overseen by trustees Vito A. Pinto, Peter J. Pinto, and Alexis M. Pinto. None of these trustees receive compensation for their roles, reflecting the organization's focus on charitable disbursements rather than administrative costs[3].

Tax Status

The Kefalas-Pinto Foundation Inc is classified under the National Taxonomy of Exempt Entities (NTEE) as an organization supporting educational institutions and related activities, specifically scholarships and student financial aid services. Donations to the foundation are tax-deductible[3].