Joseph Persky Foundation
- Assets
- $5.5m
- Revenue
- $108.7k
- Investments
- $5.4m
- Employees
- 0
- Location
- Worcester, MA
- Founding
- 01/1946
- Data as of
- 12/2023
- EIN
- 04-6057747
Organization Overview
Joseph Persky Foundation is located in Worcester, MA. The organization was established in 1946. 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. Joseph Persky 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, Joseph Persky Foundation generated $108.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (4.5%) each year. All expenses for the organization totaled $261.4k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Joseph Persky Foundation has awarded 130 individual grants totaling $1,026,175. 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 |
|---|---|---|---|
David A Persky Pres.,treas & Director | 0 | $0 | |
Marlene Persky Secretary & Director | 0 | $0 | |
Suzanne G Persky Director | 0 | $0 | |
Warren E Persky Director | 0 | $0 | |
Lauren Persky Director | 0 | $0 | |
Joseph Persky Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $7,816 |
| Dividends & Interest | $106,064 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$5,214 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $108,666 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,925 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $284 |
| Total operating and administrative expenses | $16,206 |
| Contributions, gifts, grants paid | $245,175 |
| Total expenses and disbursements | $261,381 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $83,701 |
| 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 | $13,019 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $5,512,792 |
| 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 | $2,000 |
| Total liabilities | $2,000 |
Grants Awarded
Over the last fiscal year, Joseph Persky Foundation has awarded $245,175 in support to 32 organizations.
| Grant Recipient | Amount |
|---|---|
CLARK HILLEL PURPOSE: ENABLE DONEE TO CONTINUE EXEMPT FUNCTION | $500 |
CLARK UNIVERSITY-STRASSLER CENTER PURPOSE: ENABLE DONEE TO CONTINUE EXEMPT FUNCTION | $5,000 |
DOCTORS WITHOUT BORDERS PURPOSE: ENABLE DONEE TO CONTINUE EXEMPT FUNCTION | $1,000 |
ANTI-DEFAMATION LEAGUE PURPOSE: ENABLE DONEE TO CONTINUE EXEMPT FUNCTION | $15,000 |
GALE FREE LIBRARY PURPOSE: ENABLE DONEE TO CONTINUE EXEMPT FUNCTION | $500 |
JEWISH FEDERATION OF CENTRAL MASS PURPOSE: ENABLE DONEE TO CONTINUE EXEMPT FUNCTION | $50,000 |