A Franklin Pilchard Foundation is located in Palatine, IL. The organization was established in 1991. 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. A Franklin Pilchard 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 06/2024, A Franklin Pilchard Foundation generated $4.4m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 31.6% each year . All expenses for the organization totaled $1.6m during the year ending 06/2024. While expenses have increased by 4.1% per year over the past 4 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 2021, A Franklin Pilchard Foundation has awarded 659 individual grants totaling $4,406,859. 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
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTING OF SCHOLARSHIP BASED ON FINANCIAL NEED AND SCHOLASTIC ABILITY
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kevin J Ryan President/director | 5 | $125,000 | |
Alexa Ryan Secretary/director | 1 | $25,000 | |
Robert C Pacilio Treasurer/director | 5 | $0 |
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Busey Bank | 6/29/24 | $92,469 |
Mpo & Co | 6/29/24 | $51,405 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $708,950 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,718,556 |
| Capital Gain Net Income | $3,718,556 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $4,427,506 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $150,000 |
| Other employee salaries and wages | $57,166 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $60,000 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,421 |
| Total operating and administrative expenses | $440,647 |
| Contributions, gifts, grants paid | $1,183,365 |
| Total expenses and disbursements | $1,624,012 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $14,375 |
| 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 | $5,395 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $25,939,894 |
| 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, A Franklin Pilchard Foundation has awarded $1,183,365 in support to 184 organizations.
| Grant Recipient | Amount |
|---|---|
DAYANA BAHENA-DE JESUS PURPOSE: SCHOLARSHIP | $4,070 |
PAYTON BARNES PURPOSE: SCHOLARSHIP | $5,465 |
ADAM GRADILLA PURPOSE: SCHOLARSHIP | $7,821 |
BRIANA CAVILLO PURPOSE: SCHOLARSHIP | $8,000 |
ALEXA ESCAMILLA PURPOSE: SCHOLARSHIP | $745 |
ADRIAN CAMPOS PURPOSE: SCHOLARSHIP | $8,000 |