Kropid Family Foundation is located in Hinsdale, IL. The organization was established in 2012. 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. Kropid 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 12/2022, Kropid Family Foundation generated $26.4k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 19.8% each year . All expenses for the organization totaled $11.5k during the year ending 12/2022. While expenses have increased by 6.8% 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
N A
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James J Kropid President Treasurer | 1 | $0 | |
Judith A Kropid Secretary | 2 | $0 | |
Susann M Oakum Director | 1 | $0 | |
James M Kropid Director | 1 | $0 | |
David A Kropid Director | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $14,050 |
| Interest on Savings | $0 |
| Dividends & Interest | $12,381 |
| 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 | $0 |
| Total Revenue | $26,431 |
| 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 | $371 |
| Total operating and administrative expenses | $696 |
| Contributions, gifts, grants paid | $10,760 |
| Total expenses and disbursements | $11,456 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,743 |
| 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 | $264,549 |
| 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, Kropid Family Foundation has awarded $10,760 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
ST THERESE CENTER HIV OUTREACH PURPOSE: HIV OUTREACH | $500 |
BARBARA BUSH FOUNDATION PURPOSE: FAMILY LITERACY | $500 |
HCS FAMILY SERVICES PURPOSE: FOOD PANTRY | $5,260 |
CATHOLIC RELIEF SERVICES PURPOSE: UKRAINE DISASTER RELIEF | $1,000 |
SAVING MOTHERS PURPOSE: MATERNAL HEALTH | $3,000 |
LITTLE SISTERS OF THE POOR PURPOSE: FOOD AND SHELTER FOR AGED | $500 |