Kosta And Sophia Papich Family Foundation
- Assets
- $327.2k
- Revenue
- $58.8k
- Investments
- $315.1k
- Employees
- 0
- Location
- Wadsworth, OH
- Founding
- 09/2018
- Data as of
- 12/2022
- EIN
- 81-4773266
Organization Overview
Kosta And Sophia Papich Family Foundation is located in Wadsworth, OH. The organization was established in 2018. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Kosta And Sophia Papich Family 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, Kosta And Sophia Papich Family Foundation generated $58.8k in total revenue. All expenses for the organization totaled $16.6k during the year ending 12/2022. While expenses have increased by 110.7% per year over the past 5 years. They've been increasing with an increasing level of total revenue. 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 |
|---|---|---|---|
Kosta Papich President | 2 | $0 | |
Sophia Papich Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $54,392 |
| Interest on Savings | $14 |
| Dividends & Interest | $4,409 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $1,909 |
| Net ST Capital Gain | $1,909 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $58,815 |
| 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 | $0 |
| Contributions, gifts, grants paid | $16,600 |
| Total expenses and disbursements | $16,600 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $12,156 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $327,249 |
| 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, Kosta And Sophia Papich Family Foundation has awarded $16,600 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
Monroeville, PA PURPOSE: ORTHODOX CHURCH | $10,000 |
ST ARCHANGEL MICHAEL PURPOSE: CHURCH CHARITY | $5,100 |
SERBIAN SINGING FEDERATION PURPOSE: SERBIAN SINGING | $1,000 |
ST DEMETRIUS SERBIAN ORTHODOX CHURCH PURPOSE: ORTHODOX CHURCH | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Stanley Frankel And Judith Frankel Support Foundation Bloomfield Hills, MI | $0 | $41,274 |
Ferris Foundation Big Rapids, MI | $118,188,680 | $12,993,679 |
William H Davis & Dorothy M Davis & William C Davis Foundation Columbus, OH | $50,622,304 | $3,999,336 |
Traditions At Mill Run Columbus, OH | $9,179,158 | $5,528,068 |
Gordon Christian Trust Grand Rapids, MI | $67,207,482 | $18,378,082 |
Yung Family Foundation The Crestview Hills, KY | $4,438,622 | $34,262 |
Lang Rachel Boyce Charitable Trust Xxx-Xx-Xxxx Youngstown, OH | $0 | $17,968 |
J M Lockhart Lockhart J M Ally Herc Pittsburgh, PA | $71,861,137 | $5,661,653 |
John R Mccune Char Trust No 9721 Pittsburgh, PA | $72,660,293 | $3,170,444 |
Stanita Foundation Greenwood, IN | $37,315,806 | $4,060,296 |
College Properties Of Lorain County Inc Oberlin, OH | $42,105,647 | $1,116,823 |
Elhapa Foundation Inc Lexington, KY | $43,489,972 | $1,635,816 |