Peak6 Foundation is located in Chicago, IL. According to its NTEE Classification (T30) the organization is classified as: Public 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. Peak6 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, Peak6 Foundation generated $116.6k in total revenue. All expenses for the organization totaled $360.0k during the year ending 12/2023.
Since 2022, Peak6 Foundation has awarded 12 individual grants totaling $350,230. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
FINTECH IN ACTION HBCU INVEST MORE TOUR GLOBAL GIVEBACK CIRCLE: EMPOWERING AT-RISK ADOLESCENTS
GLOBAL GIVEBACK CIRCLE: EMPOWERING AT-RISK ADOLESCENTS
WEHERO LLC:CHICAGO PHILANTHROPY EVENT HELPING HANDS WEHERO HELPING HANDS IN-PERSON VOLUNTEER EVENT
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matthew Hulsizer Director | 0 | $0 | |
Jennifer Just Director | 0 | $0 | |
Jay Coppletta Vice President | 0 | $0 | |
Judi Hart President | 0 | $0 | |
James Baboulas Vice President | 0 | $0 | |
Kevin Batson Vice President | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $22,000 |
| Interest on Savings | $94,572 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $116,572 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $16,000 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $6,555 |
| Printing and publications | $0 |
| Other expenses | $269,209 |
| Total operating and administrative expenses | $308,700 |
| Contributions, gifts, grants paid | $51,310 |
| Total expenses and disbursements | $360,010 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,102,460 |
| 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 | $2,102,460 |
| Accounts payable and accrued expenses | $10,399 |
| 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 | $10,399 |
Over the last fiscal year, Peak6 Foundation has awarded $51,310 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
REGENTS OF THE UNIVERSITY OF MICHIGAN PURPOSE: GENERAL OPERATING SUPPORT | $1,310 |
WALL STREET BOUND INC PURPOSE: GENERAL OPERATING SUPPORT | $25,000 |
EDUCATE GIRLS PURPOSE: GENERAL OPERATING SUPPORT | $20,000 |
THE GRAY MATTER EXPERIENCE PURPOSE: GENERAL OPERATING SUPPORT | $5,000 |