Para Resources Foundation Inc
- Assets
- $0.0
- Revenue
- $765.0
- Investments
- $0.0
- Employees
- 0
- Location
- Burlington, VT
- Founding
- 00/0000
- Data as of
- 06/2021
- EIN
- 03-0318406
Organization Overview
Para Resources Foundation Inc is located in Burlington, VT. The organization was established in 0000. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
DURING 2020-2021 THE FOUNDATION DISTRIBUTED ITS REMAINING ASSETS IN PREPARATION TO CEASE ACTIVITIES PERMANENTLY TO THE FOLLOWING ORGANIZATIONS: OVERSEAS MISSIONARY FELLOWSHIP,
WYCLIFFE BIBLE TRANSLATIONS, DALLAS THEOLOGICAL SEMINARY, THRU THE BIBLE RADIO, AMERICA'S KESWICK, MOODY BIBLE INSTITUTE, IMMANUAL BAPTIST CHURCH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Claude R Schwesig Trustee | 0 | $0 | |
Kelly C Murphy Secretary, Trustee | 0 | $0 | |
William J Murphy President, Trustee | 2 | $10,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $765 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $765 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $10,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $54 |
| Total operating and administrative expenses | $120,009 |
| Contributions, gifts, grants paid | $670,943 |
| Total expenses and disbursements | $790,952 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Para Resources Foundation Inc has awarded $670,943 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
OVERSEAS MISSIONARY FELLOWSHIP PURPOSE: DISTRIBUTION OF ASSETS | $83,871 |
WYCLIFFE BIBLE TRANSLATIONS PURPOSE: DISTRIBUTION OF ASSETS | $130,839 |
DALLAS THEOLOGICAL SEMINARY PURPOSE: DISTRIBUTION OF ASSETS | $130,839 |
THRU THE BIBLE RADIO PURPOSE: DISTRIBUTION OF ASSETS | $83,846 |
AMERICA'S KESWICK PURPOSE: DISTRIBUTION OF ASSETS | $97,290 |
MOODY BIBLE INSTITUTE OF CHICAGO PURPOSE: DISTRIBUTION OF ASSETS | $46,968 |