The Petunia Foundation
- Assets
- $247.0k
- Revenue
- $42.8k
- Investments
- $186.4k
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 06/2017
- Data as of
- 12/2023
- EIN
- 81-4657195
Organization Overview
The Petunia Foundation is located in Wilmington, DE. The organization was established in 2017. 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. Petunia 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 12/2023, Petunia Foundation generated $42.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 33.8% each year . All expenses for the organization totaled $17.4k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kevin Hermida Dir, Pres, Sec, Treas | 1 | $0 | |
Luba Reznikova Dir, VP | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $210 |
| Dividends & Interest | $5,883 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $35,740 |
| Capital Gain Net Income | $35,740 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,008 |
| Total Revenue | $42,841 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $152 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $10,715 |
| Total operating and administrative expenses | $12,393 |
| Contributions, gifts, grants paid | $5,000 |
| Total expenses and disbursements | $17,393 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $60,554 |
| 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 | $246,969 |
| 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, The Petunia Foundation has awarded $25,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
PLANNED PARENTHOOD FEDERATION OF AMERICA INC PURPOSE: GENERAL & UNRESTRICTED | $10,000 |
DUKE UNIVERSITY ALUMNI & DEVELOPMENT RECORDS PURPOSE: GENERAL & UNRESTRICTED | $5,000 |
RAZOM INC PURPOSE: GENERAL & UNRESTRICTED | $10,000 |