Perakis Foundation
- Assets
- $642.0k
- Revenue
- $142.7k
- Investments
- $547.5k
- Employees
- 0
- Location
- Wilton, CT
- Founding
- 07/1999
- Data as of
- 12/2022
- EIN
- 06-1535337
Organization Overview
Perakis Foundation is located in Wilton, CT. The organization was established in 1999. 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. Perakis 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, Perakis Foundation generated $142.7k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 20.7% each year . All expenses for the organization totaled $83.4k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Perakis Foundation has awarded 391 individual grants totaling $1,110,898. 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 |
|---|---|---|---|
James A Perakis Trustee | 0.5 | $0 | |
James W Perakis Trustee | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,250 |
| Interest on Savings | $0 |
| Dividends & Interest | $9,558 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $131,856 |
| Capital Gain Net Income | $131,856 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $142,664 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $195 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $6,845 |
| Contributions, gifts, grants paid | $76,540 |
| Total expenses and disbursements | $83,385 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $94,472 |
| 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 | $486,207 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $641,962 |
| 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, Perakis Foundation has awarded $76,540 in support to 37 organizations.
| Grant Recipient | Amount |
|---|---|
ABC OF WILTON PURPOSE: GENERAL SUPPORT | $500 |
CANDLELIGHTERS CHILDHOOD CANCER FAMILY ALLIANCE PURPOSE: GENERAL SUPPORT | $1,000 |
CIRCLE OF CARE PURPOSE: GENERAL SUPPORT | $1,000 |
CURE ALZHEIMER'S FUND PURPOSE: GENERAL SUPPORT | $500 |
DOCTORS WITHOUT BORDERS PURPOSE: GENERAL SUPPORT | $2,000 |
EPILEPSY FOUNDATION OF CT INC PURPOSE: GENERAL SUPPORT | $2,000 |