Pucci Family Foundation is located in Chicago, IL. The organization was established in 1980. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pucci 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, Pucci Family Foundation generated $2.1m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 7.1% each year. All expenses for the organization totaled $2.6m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Pucci Family Foundation has awarded 44 individual grants totaling $1,532,310. 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
THE SOCIETY MAINTAINS A REPOSITORY TO PRESERVE AND MAINTAIN WORKS OF ART, ANTIQUITIES, & OTHER SIGNIFICANT COLLECTIBLES. CURRENT YEAR COLLECTION PURCHASES (EXPENSED)
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
J R Davis Co-Chair/treasurer/secretary | 30 | $20,000 | |
Dawn Davis President & Director | 30 | $20,000 | |
Caryl Pucci Rettaliata Chairman & Director | 1 | $0 | |
A Robert Abboud Director | 5 | $20,000 | |
Lester Mckeever Jr Director | 5 | $20,000 | |
J R Davis III Director | 5 | $20,000 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $357,796 |
| Dividends & Interest | $155,204 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,618,477 |
| Capital Gain Net Income | $1,655,792 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $7,800 |
| Total Revenue | $2,139,277 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $120,000 |
| Other employee salaries and wages | $443,569 |
| Pension plans, employee benefits | $49,140 |
| Interest | $5 |
| Taxes | $253,121 |
| Depreciation | $849,953 |
| Occupancy | $544,729 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $728 |
| Other expenses | $86,288 |
| Total operating and administrative expenses | $2,508,825 |
| Contributions, gifts, grants paid | $110,500 |
| Total expenses and disbursements | $2,619,325 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $457,254 |
| Savings and temporary cash investments | $2,753,508 |
| Net Accounts receivable | $107,759 |
| Net Pledges Receivable | $0 |
| Grants receivable | $547,531 |
| 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 | $20,672 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $36,871,546 |
| Other assets | $2 |
| Total assets | $60,367,370 |
| Accounts payable and accrued expenses | $256,545 |
| 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 | $52,862 |
| Total liabilities | $309,407 |
Over the last fiscal year, Pucci Family Foundation has awarded $110,500 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
FOX RIVER VALLEY HUNT ASSOCIATION PURPOSE: GENERAL SUPPORT | $100,000 |
CHICAGO ZOOLOGICAL SOCIETY (BROOKFIELD ZOO) PURPOSE: GENERAL SUPPORT | $10,000 |
MICHAEL FIELDS AGRICULTURAL INSTITUTE PURPOSE: GENERAL SUPPORT | $500 |