Parkside Foundation
- Assets
- $598.3k
- Revenue
- $61.8k
- Investments
- $574.5k
- Employees
- 0
- Location
- Metairie, LA
- Founding
- 06/1962
- Data as of
- 12/2022
- EIN
- 72-6019058
Organization Overview
Parkside Foundation is located in Metairie, LA. The organization was established in 1962. 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. Parkside 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, Parkside Foundation generated $61.8k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $177.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Parkside Foundation has awarded 126 individual grants totaling $334,968. 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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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas B Lemann President | 0 | $0 | |
J Thomas Lewis Vice-President | 0 | $0 | |
Kimberly Quintana Vice-President | 0 | $0 | |
Wendy Farrelly Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,945 |
| Dividends & Interest | $5,038 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $54,837 |
| Capital Gain Net Income | $54,837 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $61,820 |
| 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 | $44,627 |
| Total operating and administrative expenses | $45,603 |
| Contributions, gifts, grants paid | $131,405 |
| Total expenses and disbursements | $177,008 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,792 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $3,942 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $15,000 |
| 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 | $598,275 |
| Accounts payable and accrued expenses | $8,699 |
| 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 | $8,699 |
Grants Awarded
Over the last fiscal year, Parkside Foundation has awarded $131,405 in support to 35 organizations.
| Grant Recipient | Amount |
|---|---|
ACADEMY OF SACRED HEART PURPOSE: EDUCATION | $3,000 |
AMAZON CONSERVATION TEAM PURPOSE: FOREST CONSERVATION | $5,000 |
ARNOLD ARBORETUM PURPOSE: BOTANICAL EDUCATION | $5,000 |
AUDUBON NATURE INSTITUTE PURPOSE: ANIMAL PROTECTION | $2,000 |
CHARTWELL CENTER PURPOSE: EDUCATION | $2,000 |
FRAN & CALLA BELL SCHOLARSHIP FOUNDATION PURPOSE: SUMMER CAMP SCHOLARSHIP | $3,000 |