Perks Family Foundation is located in Deerfield, IL. The organization was established in 1963. 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 the central organization for a national or regional group of organizations. Perks 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 12/2023, Perks Family Foundation generated $219.2k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 24.9% each year . All expenses for the organization totaled $161.6k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Perks Family Foundation has awarded 25 individual grants totaling $810,000. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Douglas C Perks Director | 1 | $0 | |
Lachlan L Perks Director | 1 | $0 | |
Anna Perks Director | 1 | $0 | |
Wade Perks Director | 1 | $0 | |
Maria Perks Vice President & Director | 1 | $0 | |
Tj Johnson President & Director | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $120,772 |
| Interest on Savings | $5,023 |
| Dividends & Interest | $25,670 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $67,752 |
| Capital Gain Net Income | $67,752 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $219,217 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,638 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $5,080 |
| Printing and publications | $0 |
| Other expenses | $26 |
| Total operating and administrative expenses | $11,640 |
| Contributions, gifts, grants paid | $150,000 |
| Total expenses and disbursements | $161,640 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $296,279 |
| 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 | $141,278 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,132,138 |
| 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, Perks Family Foundation has awarded $150,000 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
ROCKFORD PARK DISTRICT FOUNDATION PURPOSE: GENERAL CHARITABLE PURPOSE | $115,000 |
SAN ANGELO STOCK SHOW & RODEO SYNDICATE PURPOSE: GENERAL CHARITABLE PURPOSE | $4,000 |
COTTONWOOD INSTITUTE PURPOSE: GENERAL CHARITABLE PURPOSE | $5,000 |
ROCKFORD UNIVERSITY PURPOSE: GENERAL CHARITABLE PURPOSE | $5,000 |
YERKES FUTURE FOUNDATION INC PURPOSE: GENERAL CHARITABLE PURPOSE | $5,000 |
CARRIE LYNN CHILDREN'S CENTER PURPOSE: GENERAL CHARITABLE PURPOSE | $6,000 |