Peter And Paula Fasseas Foundation

Organization Overview

Peter And Paula Fasseas Foundation is located in Chicago, IL. The organization was established in 1996. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., 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. Peter And Paula Fasseas 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 12/2021, Peter And Paula Fasseas Foundation generated $8.3m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 20.9% each year . All expenses for the organization totaled $3.5m during the year ending 12/2021. While expenses have increased by 9.8% 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 2015, Peter And Paula Fasseas Foundation has awarded 111 individual grants totaling $9,431,516. 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)Compensation
Alexis Fasseas
Director
$143,440
Drew Fasseas
Director
$94,870
Paula Fasseas
Director
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $74,267
Dividends & Interest $784,887
Net Rental Income$270,640
Net Gain on Sale of Assets $6,772,912
Capital Gain Net Income $6,772,912
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $316,339
Total Revenue $8,283,085

Grants Awarded

Over the last fiscal year, Peter And Paula Fasseas Foundation has awarded $2,837,030 in support to 29 organizations.

Grant RecipientAmount

PAWS CHICAGO

PURPOSE: UNRESTRICTED GENERAL OPERATING SUPPORT

$2,201,500

CULVER ACADEMIES

PURPOSE: UNRESTRICTED GENERAL OPERATING SUPPORT

$305,000

BRIGHAM AND WOMENS HOSPITAL

PURPOSE: UNRESTRICTED GENERAL OPERATING SUPPORT

$50,000

UNIVERSITY OF CHICAGO MEDICINE & BIOLOGICAL SCIENCES

PURPOSE: UNRESTRICTED GENERAL OPERATING SUPPORT

$50,000

CITY OF HOPE

PURPOSE: UNRESTRICTED GENERAL OPERATING SUPPORT

$25,000

WINGS PROGRAM INC

Org PageRecipient Profile

Palatine, IL

PURPOSE: UNRESTRICTED GENERAL OPERATING SUPPORT

$22,000
View Grant Profile

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