Gary And Nancy Penisten Family Foundation
- Assets
- $0.0
- Revenue
- $954.0
- Investments
- $0.0
- Employees
- 0
- Location
- Naperville, IL
- Founding
- 06/1997
- Data as of
- 12/2019
- EIN
- 36-4116755
Organization Overview
Gary And Nancy Penisten Family Foundation is located in Naperville, IL. The organization was established in 1997. 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.
For the year ending 12/2019, Gary And Nancy Penisten Family Foundation generated $954.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (49.2%) each year. All expenses for the organization totaled $389.4k during the year ending 12/2019. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Gary And Nancy Penisten Family Foundation has awarded 91 individual grants totaling $511,868. 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 |
|---|---|---|---|
Gary D Penisten Trustee | 0 | $0 | |
Nancy M Penisten Trustee | 0 | $0 | |
Janet L Gulick Trustee | 0 | $2,500 | |
Tyler Gulick Trustee | 0 | $2,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $96 |
| Dividends & Interest | $444 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $414 |
| Total Revenue | $954 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $5,000 |
| 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 | $3,061 |
| Total operating and administrative expenses | $18,761 |
| Contributions, gifts, grants paid | $370,668 |
| Total expenses and disbursements | $389,429 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $0 |
| 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, Gary And Nancy Penisten Family Foundation has awarded $370,668 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN RED CROSS PURPOSE: DISASTER RELIEF | $4,000 |
MUTUAL GROUND PURPOSE: SAFETY, HEALING AND PREVENTION | $40,000 |
AURORA INTERFAITH FOOD PANTRY PURPOSE: STOP HUNGER | $44,243 |
PEOPLE'S RESOURCE CENTER PURPOSE: HELP TO ACHIEVE SELF-SUFFICIENCY | $64,000 |
HESSED HOUSE PURPOSE: SERVICES TO HOMELESS FAMILIES | $35,000 |
LOAVES & FISHES PURPOSE: FOOD PANTRY | $40,000 |