Chris And Michelle Peyerk Foundation
- Assets
- $776.0k
- Revenue
- $18.0k
- Investments
- $739.8k
- Employees
- 0
- Location
- Shelby Township, MI
- Founding
- 12/2018
- Data as of
- 12/2022
- EIN
- 81-4641261
Organization Overview
Chris And Michelle Peyerk Foundation is located in Shelby Township, MI. The organization was established in 2018. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Chris And Michelle Peyerk 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, Chris And Michelle Peyerk Foundation generated $18.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (4.0%) each year. All expenses for the organization totaled $59.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Chris And Michelle Peyerk Foundation has awarded 31 individual grants totaling $165,000. 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 |
|---|---|---|---|
Chris Peyerk Trustee | 3 | $0 | |
Michelle Peyerk Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $22,184 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$3,869 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$345 |
| Total Revenue | $17,970 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $256 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $1,169 |
| Contributions, gifts, grants paid | $58,000 |
| Total expenses and disbursements | $59,169 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $34,082 |
| Savings and temporary cash investments | $0 |
| 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 | $7,315 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $2,155 |
| Total assets | $776,010 |
| 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, Chris And Michelle Peyerk Foundation has awarded $58,000 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
ASSISTANCE LEAGUE OF SOUTHEAST MICHIGAN PURPOSE: TO PROVIDE SUPPORT FOR THE ORGANIZATION'S MISSION. | $10,000 |
FRIENDS OF FOSTER KIDS PURPOSE: TO PROVIDE SUPPORT FOR THE ORGANIZATION'S MISSION. | $7,000 |
MEADOWBROOK HALL PURPOSE: TO PROVIDE SUPPORT FOR THE ORGANIZATION'S MISSION. | $9,800 |
MIDNIGHT GOLF PROGRAM PURPOSE: TO PROVIDE SUPPORT FOR THE ORGANIZATION'S MISSION. | $10,000 |
MCLAREN PORT HURON FOUNDATION PURPOSE: TO PROVIDE SUPPORT FOR THE ORGANIZATION'S MISSION. | $5,000 |
A MOTHER'S WISH MICHIGAN PURPOSE: TO PROVIDE SUPPORT FOR THE ORGANIZATION'S MISSION. | $10,000 |