Louis B & Joan M Perry Familyfoundation
- Assets
- $5.4m
- Revenue
- $2.8m
- Investments
- $5.1m
- Employees
- 0
- Location
- Wadsworth, OH
- Founding
- 11/2006
- Data as of
- 12/2022
- EIN
- 20-3927535
Organization Overview
Louis B & Joan M Perry Familyfoundation is located in Wadsworth, OH. The organization was established in 2006. 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. Louis B & Joan M Perry Familyfoundation 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, Louis B & Joan M Perry Familyfoundation generated $2.8m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 35.2% each year . All expenses for the organization totaled $908.3k during the year ending 12/2022. While expenses have increased by 22.5% per year over the past 8 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 2015, Louis B & Joan M Perry Familyfoundation has awarded 474 individual grants totaling $4,194,685. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Louis B Perry President | 1 | $0 | |
Joan M Perry Vice President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,452,833 |
| Interest on Savings | $0 |
| Dividends & Interest | $145,719 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $163,690 |
| Capital Gain Net Income | $163,687 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $3,902 |
| Total Revenue | $2,766,144 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $6,000 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $200 |
| Total operating and administrative expenses | $36,145 |
| Contributions, gifts, grants paid | $872,172 |
| Total expenses and disbursements | $908,317 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$1 |
| Savings and temporary cash investments | $295,973 |
| 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 | $301,005 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $5,381,346 |
| Accounts payable and accrued expenses | $61,874 |
| 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 | $61,874 |
Grants Awarded
Over the last fiscal year, Louis B & Joan M Perry Familyfoundation has awarded $872,172 in support to 70 organizations.
| Grant Recipient | Amount |
|---|---|
AKRON CHILDREN'S HOSPITAL PURPOSE: PROGRAM AND OPERATIONAL SUPPORT | $5,000 |
AKRON-CANTON REGIONAL FOODBANK PURPOSE: PROGRAM AND OPERATIONAL SUPPORT | $7,000 |
ARCHBISHOP HOBAN HIGH SCHOOL PURPOSE: PROGRAM AND OPERATIONAL SUPPORT | $10,420 |
ARTIS PURPOSE: PROGRAM AND OPERATIONAL SUPPORT | $10,000 |
BATTERED WOMEN'S SHELTER PURPOSE: PROGRAM AND OPERATIONAL SUPPORT | $3,000 |
AVE MARIA SCHOOL OF LAW PURPOSE: PROGRAM AND OPERATIONAL SUPPORT | $15,000 |