Partlo Foundation Inc
- Assets
- $3.8m
- Revenue
- $774.4k
- Investments
- $3.2m
- Employees
- 0
- Location
- Garner, NC
- Founding
- 01/2017
- Data as of
- 06/2024
- EIN
- 81-3938600
Organization Overview
Partlo Foundation Inc is located in Garner, NC. 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. Partlo 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.
Since 2019, Partlo Foundation Inc has awarded 24 individual grants totaling $394,098. 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 |
|---|---|---|---|
Barry W Partlo President | 0 | $0 | |
Jarod M Partlo Secretary/treasurer | 0 | $0 | |
Kelly A Partlo Director | 0 | $0 | |
Waverly H Barnes Jr Director | 0 | $0 | |
Jonathan D Adams Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $620,859 |
| Interest on Savings | $18,221 |
| Dividends & Interest | $88,087 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $47,250 |
| Capital Gain Net Income | $47,250 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $774,417 |
| 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 | $0 |
| Total operating and administrative expenses | $9,810 |
| Contributions, gifts, grants paid | $4,500 |
| Total expenses and disbursements | $14,310 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,502 |
| Savings and temporary cash investments | $651,294 |
| 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 | $3,841,897 |
| 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, Partlo Foundation Inc has awarded $4,500 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
YMCA OF THE TRIANGLE AREA INC PURPOSE: PUT CHRISTIAN PRINCIPLES INTO PRACTICE THROUGH PROGRAMS THAT BUILD HEALTHY SPIRIT, MIND, AND BODY FOR ALL | $1,000 |
THE RESCUE FOR PTSD PURPOSE: ADOPT AND TRAIN SHELTER/RESCUE DOGS FOR MILITARY VETERANS SUFFERING WITH POST-TRAUMATIC STRESS DISORDER | $2,500 |
JOHNSTON HEALTH FOUNDATION PURPOSE: TO EMPOWER PATIENTS, PROVIDE COMFORT TO FAMILIES, AND ADVANCE HEALTH CARE IN THE COMMUNITY | $1,000 |