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The Italo Scanga Foundation was established in 2001, upon
the death of Italo Scanga. Its purpose is to function as a
non-profit charitable trust in the promotion of the visual
arts. The assets of the Foundation will be used to promote
the understanding and appreciation of art, and to further
the education of aspiring artists, including the funding of
scholarships. A Visual Arts Scholarship is currently being
established in Scanga's name at the University of California,
San Diego.
The Foundation's net income and principal will be distributed
for such charitable, educational, public, library or research
purposes, to and among individuals, societies, institutions,
trusts, organizations, associations, and corporations.
The Italo Scanga Foundation is a "Private Foundation"
that is tax exempt under Section 501(c)(3) of the Internal
Revenue Code, and contributions to it are deductible as provided
in Section 170(b)(1)(B) of the Internal Revenue Code.
The goals of the Italo Scanga Foundation are:
- To function as a nonprofit foundation for the preservation
of Scanga's artwork
- To donate major works of art to museums and other non-profit
institutions
- To assist aspiring young artists with scholarships and
grant money
- To help fund a Visual Arts Scholarship at the University
of California, San Diego
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