Park Family Foundation Inc
- Assets
- $319.1k
- Revenue
- $2.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 03/2017
- Data as of
- 12/2022
- EIN
- 47-1958302
Organization Overview
Park Family Foundation Inc is located in Wilmington, DE. The organization was established in 2017. 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. Park Family 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.
For the year ending 12/2022, Park Family Foundation Inc generated $2.9k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $47.6k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Park Family Foundation Inc has awarded 17 individual grants totaling $181,984. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2,884 |
| Dividends & Interest | $0 |
| 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 | $2,884 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $100 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $4,997 |
| Total operating and administrative expenses | $5,097 |
| Contributions, gifts, grants paid | $42,522 |
| Total expenses and disbursements | $47,619 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $319,119 |
| 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 | $319,119 |
| 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, Park Family Foundation Inc has awarded $42,522 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
TRUSTEES OF THE LAWRENCEVILLE SCHOOL PURPOSE: CAPITAL CAMPAIGN | $20,000 |
SQUASH HAVEN INC PURPOSE: SQUASH HAVEN SHOWDOWN | $500 |
TRUSTEES OF THE LAWRENCEVILLE SCHOOL PURPOSE: THE LAWRENCEVILLE SCHOOL FUND | $10,000 |
UNITED STATES SQUASH RACQUETS ASSOCIATION INC PURPOSE: SENIOR CLASS OF 2022 | $2,022 |
WATERSIDE SCHOOL INC PURPOSE: FACULTY SUPPORT AND PROFESSIONAL DEVELOPMENT | $5,000 |
UNITED STATES SQUASH RACQUETS ASSOCIATION INC PURPOSE: COMMUNITY INITIATIVE AT THE ARLEN SPECTER US SQUASH CENTER AT THE ARMORY | $5,000 |