Kerry T Pacifico Family Foundation
- Assets
- $459.0k
- Revenue
- $260.2k
- Investments
- $449.1k
- Employees
- 0
- Location
- Philadelphia, PA
- Founding
- 03/1987
- Data as of
- 12/2022
- EIN
- 22-2782890
Organization Overview
Kerry T Pacifico Family Foundation is located in Philadelphia, PA. The organization was established in 1987. 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. Kerry T Pacifico Family Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Kerry T Pacifico Family Foundation generated $260.2k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.1% each year. All expenses for the organization totaled $223.3k during the year ending 12/2022. While expenses have increased by 8.6% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Kerry T Pacifico Family Foundation has awarded 279 individual grants totaling $1,552,575. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
INDIVIDUAL GIFTS TO 30 ORGANIZED CHARITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kerry J Pacifico Director | 3 | $0 | |
Maria Pacifico Director | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $102,500 |
| Interest on Savings | $23 |
| Dividends & Interest | $23,087 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $134,623 |
| Capital Gain Net Income | $134,623 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $260,233 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,257 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $2,557 |
| Contributions, gifts, grants paid | $220,720 |
| Total expenses and disbursements | $223,277 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $9,921 |
| 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 | $458,995 |
| 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, Kerry T Pacifico Family Foundation has awarded $220,720 in support to 29 organizations.
| Grant Recipient | Amount |
|---|---|
ACADEMY AT PALUMBO PURPOSE: FURTHER RECIPIENT'S CHARITABLE GOALS | $7,000 |
BENJAMIN FRANKLIN HIGH SCHOOL PURPOSE: FURTHER RECIPIENT'S CHARITABLE GOALS | $7,000 |
CHESTER UPLAND SCHOOL DISTRICT PURPOSE: FURTHER RECIPIENT'S CHARITABLE GOALS | $7,000 |
FRANKLIN LEARNING CENTER PURPOSE: FURTHER RECIPIENT'S CHARITABLE GOALS | $7,000 |
GIRARD ACADEMIC MUSIC PROGRAM PURPOSE: FURTHER RECIPIENT'S CHARITABLE GOALS | $7,000 |
HORACE HOWARD FURNESS HIGH SCHOOL PURPOSE: FURTHER RECIPIENT'S CHARITABLE GOALS | $7,000 |