Perkins Charitable Foundation
- Assets
- $13.0m
- Revenue
- $1.2m
- Investments
- $12.5m
- Employees
- 0
- Location
- Cleveland, OH
- Founding
- 03/1952
- Data as of
- 12/2022
- EIN
- 34-6549753
Organization Overview
Perkins Charitable Foundation is located in Cleveland, OH. The organization was established in 1952. 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. Perkins Charitable 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, Perkins Charitable Foundation generated $1.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (17.3%) each year. All expenses for the organization totaled $2.5m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Perkins Charitable Foundation has awarded 455 individual grants totaling $6,082,905. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sallie Sullivan Co-Trustee | 0 | $0 | |
Tod Oliva Co-Trustee | 0 | $0 | |
Mary B Perkins Co-Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,379 |
| Dividends & Interest | $948,545 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $220,145 |
| Capital Gain Net Income | $220,145 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $51,101 |
| Total Revenue | $1,221,170 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $44,398 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,363 |
| Total operating and administrative expenses | $133,904 |
| Contributions, gifts, grants paid | $2,381,270 |
| Total expenses and disbursements | $2,515,174 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $451,900 |
| 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 | $1,054,909 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $13,000,665 |
| 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, Perkins Charitable Foundation has awarded $2,381,270 in support to 125 organizations.
| Grant Recipient | Amount |
|---|---|
BIKE CLEVELAND PURPOSE: PHILANTHROPIC PURPOSES. | $15,500 |
AFRICAN WILDLIFE FOUNDATION PURPOSE: PHILANTHROPIC PURPOSES. | $1,000 |
AUDUBON GREAT LAKES PURPOSE: PHILANTHROPIC PURPOSES. | $30,000 |
BREWSTER ACADEMY PURPOSE: PHILANTHROPIC PURPOSES. | $250 |
AMERICAN BIRD CONSERVANCY (MIGRATORY BIRD PROJECT) PURPOSE: PHILANTHROPIC PURPOSES. | $41,000 |
CLEVELAND HEARING & SPEECH CENTER PURPOSE: PHILANTHROPIC PURPOSES. | $6,000 |