Paulits Foundation Inc is located in Berwyn, PA. The organization was established in 2000. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Paulits Foundation Inc 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 12/2023, Paulits Foundation Inc generated $982.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (31.6%) each year. All expenses for the organization totaled $6.9k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (24.8%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Paulits Foundation Inc has awarded 194 individual grants totaling $449,855. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Paulits President | 1 | $0 | |
Gloria Paulits Secretary | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $982 |
| Capital Gain Net Income | $982 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $982 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| 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 | $1,500 |
| Total operating and administrative expenses | $6,850 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $6,850 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,057 |
| 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 | $164,400 |
| 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 |
Over the last fiscal year, Paulits Foundation Inc has awarded $17,125 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
SPECIAL OLYMPICS DEL CO PURPOSE: SPORTS TRAINING FOR THE DISABLED | $500 |
BAKER INDUSTRIES PURPOSE: VULNERABLE ADULTS WORKFORCE TRAINING | $11,075 |
LOST MEADOWS MULE REFUGE PURPOSE: PROVIDE REFUGE FOR ABBUSED MULES | $200 |
PEACEFUL VALLEY DONKEY RESCUE PURPOSE: SAFE ENVIRONMENT FOR ABUSED DONKEYS | $450 |
ALZHEIMERS RESEARCH PREVENTION FDN PURPOSE: AALZHEIMERS RESEARCH & PREVENTION | $100 |
BERWYN FIRE CO PURPOSE: FIRE & PREVENTION SERVICES TO TREDYFFRIN & EASTOWN | $100 |
| Organization Name | Assets | Revenue |
|---|---|---|
A J Y W Foundation Brooklyn, NY | $284,555 | $66 |
Kariti Family Foundation Trust Jackson, NJ | $10,135 | $220,000 |
Ll & Elizabeth C Biddle Charitable Foundation Pittsburgh, PA | $987,937 | $251,779 |
Ellen And Andrew G Celli Foundation Inc New York, NY | $523,421 | $47,177 |
Paulits Foundation Inc Berwyn, PA | $164,400 | $982 |
Shefa Yamim Foundation Teaneck, NJ | $0 | $0 |
Collazo Private Fdn-Black Rock Pennington, NJ | $880 | $23 |