Pargh Foundation
- Assets
- $2.7m
- Revenue
- $65.4k
- Investments
- $2.6m
- Employees
- 0
- Location
- Golden Oak, FL
- Founding
- 06/2019
- Data as of
- 12/2022
- EIN
- 83-3049885
Organization Overview
Pargh Foundation is located in Golden Oak, FL. The organization was established in 2019. 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. Pargh 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, Pargh Foundation generated $65.4k 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 (61.7%) each year. All expenses for the organization totaled $200.1k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Pargh Foundation has awarded 42 individual grants totaling $647,594. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $50,391 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $15,015 |
| Capital Gain Net Income | $15,015 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $65,406 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,307 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $12,110 |
| Total operating and administrative expenses | $19,787 |
| Contributions, gifts, grants paid | $180,264 |
| Total expenses and disbursements | $200,051 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $123,415 |
| 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 | $2,562,136 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,685,551 |
| 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, Pargh Foundation has awarded $180,264 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
ABE'S GARDEN COMMUNITY PURPOSE: GRANT TO SUPPORT THE ACCESS TO CARE FUND | $10,000 |
BREVARD COUNTY SHERIFF'S OFFICE PURPOSE: GRANT TO UNDERWRITE A COMMUNITY ENGAGEMENT PROGRAM | $5,000 |
CHABAD AT UCF PURPOSE: FOR RABBI CHAIM LIPSKIER'S DISCRETIONARY FUND | $2,500 |
CHABAD OF SOUTH ORLANDO PURPOSE: GRANT FOR RABBI KONIKOV'S DISCRENTIONARY FUND, EMPLOYEE RECOGNITION PROGRAM, FOR SUPPORTING CHANUKAH ACTIVITIES, AND HURRICANE IAN RELIEF EFFORT | $35,000 |
COS MEN'S CLUB PURPOSE: GRANT TO SUPPORT THE ANNUAL 2022 MEN'S NIGHT OUT EVENT | $5,000 |
GORDON JEWISH COMMUNITY CENTER PURPOSE: GRANT TO SUPPORT THE MADELINE PARGH ART CENTER AT THE GORDON JCC ART CENTER OPENING | $15,000 |