Pinnacle Foundation Nfp

Organization Overview

Pinnacle Foundation Nfp is located in River Forest, IL. The organization was established in 2011. According to its NTEE Classification (T30) the organization is classified as: Public 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. Pinnacle Foundation Nfp 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, Pinnacle Foundation Nfp generated $41.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (12.7%) each year. All expenses for the organization totaled $46.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (10.6%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2020, Pinnacle Foundation Nfp has awarded 30 individual grants totaling $101,802. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO ASSIST SMALL ORGANIZATIONS THAT MAKE LARGE DIFFERENCES IN THE LIVES OF OTHERS THROUGH THE ARTS, EDUCATION, AND COMMUNITY SERVICE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

UNIQUE ON-THE-WATER EXPERIENCES AS A MEANS TO RAISE FUNDS FOR VARIOUS ORGANIZATIONS


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Board, Officers & Key Employees

Name (title)Compensation
Gary Feracota
Director & President
$0
Jim Banovitz
Director
$0
Antwon Lee
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$41,864
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$3,000
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$44,864
Total Program Service Revenue$0
Investment income $4,029
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$141
Net Income from Fundraising Events -$7,801
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $40,951

Grants Awarded

Over the last fiscal year, Pinnacle Foundation Nfp has awarded $19,200 in support to 3 organizations.

Grant RecipientAmount

WSSRA

PURPOSE: TO ASSIST SMALL ORGANIZATIONS THAT MAKE LARGE DIFFERENCES IN THE LIVES OF OTHERS THROUGH THE ARTS, EDUCATION, AND COMMUNITY SERVICE.

$8,000

FRACTURED ATLAS

PURPOSE: TO ASSIST SMALL ORGANIZATIONS THAT MAKE LARGE DIFFERENCES IN THE LIVES OF OTHERS THROUGH THE ARTS, EDUCATION, AND COMMUNITY SERVICE.

$6,000

SEA SCOUTS OF CHICAGO

PURPOSE: TO ASSIST SMALL ORGANIZATIONS THAT MAKE LARGE DIFFERENCES IN THE LIVES OF OTHERS THROUGH THE ARTS, EDUCATION, AND COMMUNITY SERVICE.

$5,200
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Pinnacle Foundation Nfp has recieved totaling $1,000.

Awarding OrganizationAmount
Cme Group Community Foundation F/K/A Nymex Foundation

Chicago, IL

PURPOSE: MATCHING GIFTS-GENERAL OPERATIONS

$1,000
View Grant Recipient Profile

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