Norman Perl Foundation Inc is located in Minneapolis, MN. The organization was established in 1968. 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. Norman Perl Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
NOT APPLICABLE
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Robbie Perl Director | 1 | $0 | |
Stacy Perl Sokol Director | 1 | $0 | |
Justin Perl Director | 1 | $0 | |
Lisa Perl Ratner Director | 1 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $25 |
Interest on Savings | $0 |
Dividends & Interest | $580 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | -$33,013 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $472 |
Total Revenue | -$31,936 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
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 | $25 |
Total operating and administrative expenses | $25 |
Contributions, gifts, grants paid | $255,142 |
Total expenses and disbursements | $255,167 |
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 |
Over the last fiscal year, Norman Perl Foundation Inc has awarded $681,092 in support to 3 organizations.
Grant Recipient | Amount |
---|---|
LYNN AND JUSTIN PERL CHARITABLE GIFT FUND (HELD AT FIDELITY INVESTMENTS) PURPOSE: LIQUIDATION OF FOUNDATION'S ASSETS IN QUALIFYING DISTRIBUTION PURSUANT TO IRC SEC. 4942(G). | $227,031 |
ROBBIE PERL & RICHARD GARON CHARITABLE FUND (HELD AT FIDELITY INVESTMENTS) PURPOSE: LIQUIDATION OF FOUNDATION'S ASSETS IN QUALIFYING DISTRIBUTION PURSUANT TO IRC SEC. 4942(G). | $227,030 |
THE STACY SOKOL GIFTING FUND (HELD AT FIDELITY INVESTMENTS) PURPOSE: LIQUIDATION OF FOUNDATION'S ASSETS IN QUALIFYING DISTRIBUTION PURSUANT TO IRC SEC. 4942(G). | $227,031 |