Persbacker Foundation Inc

Organization Overview

Persbacker Foundation Inc is located in New Milford, CT. The organization was established in 2001. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Persbacker Foundation Inc 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, Persbacker Foundation Inc generated $102.4k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 10.3% each year . All expenses for the organization totaled $176.3k during the year ending 12/2022. While expenses have increased by 7.5% per year over the past 6 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.

Since 2016, Persbacker Foundation Inc has awarded 124 individual grants totaling $936,000. 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)Compensation
Elaine Joyce Wyman
President/director
$1,000
Arthur C Weinshank
Secretary/director
$500
Steven Wyman
Vice President/director
$500
Timothy J Riordan
Treasurer/director
$500

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $198
Dividends & Interest $69,763
Net Rental Income$0
Net Gain on Sale of Assets $32,417
Capital Gain Net Income $32,417
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $102,378

Grants Awarded

Over the last fiscal year, Persbacker Foundation Inc has awarded $164,000 in support to 21 organizations.

Grant RecipientAmount

AFTER SCHOOL ARTS PROGRAM (ASAP)

PURPOSE: TO FOSTER CREATIVE LEARNING THROUGH THE ARTS

$1,000

ANGELWOOD INC

PURPOSE: PROVIDE SERVICES TO INDIVIDUALS WITH DISABILITIES AND THEIR FAMILIES

$5,000

BE THE LIGHT

PURPOSE: SUPPORT THE CATHEDRAL DISTRICT OF JACKSONVILLE, FLORIDA

$5,000

BRIGHT HOLIDAYS INC

PURPOSE: TO SUPPORT ORGANIZATION'S CLOTHING FOR KIDS PROGRAM

$10,000

CULTURAL CENTER OF PONTE VEDRA BEACH

PURPOSE: TO SUPPORT PROGRAMS EMPHASIZING ARTS FOR SPECIAL NEEDS CHILDREN

$45,000

CUMMER MUSEUM OF ART & GARDENS

PURPOSE: SUPPORT THE ARTS

$2,000
View Grant Profile

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