The Perrin Family Foundation
- Assets
- $22.0m
- Revenue
- $7.2m
- Investments
- $21.6m
- Employees
- 0
- Location
- Old Greenwich, CT
- Founding
- 06/1994
- Data as of
- 12/2021
- EIN
- 22-3309886
Organization Overview
The Perrin Family Foundation is located in Old Greenwich, CT. The organization was established in 1994. 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. Perrin Family 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 12/2021, Perrin Family Foundation generated $7.2m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 54.2% each year . All expenses for the organization totaled $1.7m during the year ending 12/2021. While expenses have increased by 13.9% per year over the past 4 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 2020, Perrin Family Foundation has awarded 85 individual grants totaling $2,633,656. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE BUILDING LEADERSHIP AND ORGANIZING CAPACITY (BLOC) INITIATIVE IS A COHORT-BASED CAPACITY BUILDING INITIATIVE DESIGNED TO BUILD CONNECTICUT'S RESEARCH, ANALYSIS, AND ORGANIZING CAPACITY OF YOUTH-LED SOCIAL CHANGE GROUPS. THE BLOC INITIATIVE SEEKS TO INCREASE THE MEANINGFUL INCLUSION OF YOUTH IN LEADERSHIP OR DECISION-MAKING ROLES IN THEIR ORGANIZATIONS, STRENGTHEN ORGANIZATIONS' ABILITY TO DEVELOP AND IMPLEMENT EFFECTIVE YOUTH ORGANIZING CAMPAIGNS THAT LEAD TO CONCRETE AND LASTING CHANGE AROUND THE ISSUES THAT YOUTH HAVE IDENTIFIED; AND BUILD COLLABORATIVE RELATIONSHIPS AND PARTNERSHIPS AMONG ORGANIZATIONS COMMITTED TO BUILDING A MOVEMENT FOR YOUTH-LED SOCIAL CHANGE IN CONNECTICUT. PARTICIPATING ORGANIZATIONS ENGAGE IN MONTHLY WORKSHOPS, ATTEND BIANNUAL RETREATS, AND RECEIVE TARGETED TECHNICAL ASSISTANCE. THE INITIATIVE IS CO-DESIGNED WITH ALUMNI OF THE PROGRAM THAT WORK IN THE FIELD OF YOUTH-LED SOCIAL CHANGE.
THE PERRIN FAMILY FOUNDATION OFFERS CAPACITY-BUILDING CONSULTANTS, TRAINING AND WORKSHOPS, AND CONVENINGS TO OUR GRANTEE PARTNERS, YOUTH PRACTITIONERS, AND COMMUNITY GROUPS ACROSS THE STATE OF CT TO DEEPEN THE SECTOR'S ABILITY TO SUPPORT YOUNG PEOPLE AS LEADERS OF SOCIAL CHANGE. IN 2021, THIS ALSO INCLUDED PUBLICATIONS AND COMMUNICATIONS WORK ASSOCIATED WITH THE GROWTH OF YOUTH LED SOCIAL CHANGE FIELD AND A PUBLICATION ABOUT YOUTH VOICES ON COVID19 AND SYSTEMIC RACISM.
THE CRITICALLY CONSCIOUS YOUTH DEVELOPMENT (CCYD) GRANT PROGRAM IS A COHORT-BASED CAPACITY-BUILDING INITIATIVE FOCUSED ON DEVELOPING THE SKILLS OF YOUTH DEVELOPMENT STAFF AND THEIR ABILITY TO DEVELOP PROGRAMMING CENTERED AROUND IDENTITY, LIVED EXPERIENCE, AND POLITICAL EDUCATION AS CORE COMPETENCIES. PARTICIPATING ORGANIZATIONS PARTICIPATE IN QUARTERLY TRAINING AND AN ANNUAL RETREAT. THE CAPACITY-BUILDING FELLOWS AND COACHES ALSO PROVIDE ONGOING CURRICULAR AND TECHNICAL ASSISTANCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laura E Mccargar President | 40 | $150,000 | |
Amarilis Pullen Program Officer | 40 | $95,500 | |
Mercedes Macalpine Program Associate | 40 | $45,375 | |
Kerry Ellington Director | 2 | $8,500 | |
Jahnice Cajigas Director | 2 | $8,500 | |
Twylah Greaves Director | 2 | $8,500 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Goldman Sachs | 12/30/21 | $64,472 |
Us Trust | 12/30/21 | $93,136 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $524,433 |
| Interest on Savings | $35 |
| Dividends & Interest | $536,753 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $6,106,677 |
| Capital Gain Net Income | $6,106,677 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $2,397 |
| Total Revenue | $7,170,295 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $150,000 |
| Other employee salaries and wages | $140,875 |
| Pension plans, employee benefits | $55,513 |
| Interest | $23 |
| Taxes | $70,231 |
| Depreciation | $0 |
| Occupancy | $27,853 |
| Travel, conferences, and meetings | $5,054 |
| Printing and publications | $1,031 |
| Other expenses | $183,182 |
| Total operating and administrative expenses | $889,919 |
| Contributions, gifts, grants paid | $847,590 |
| Total expenses and disbursements | $1,737,509 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $132,475 |
| Savings and temporary cash investments | $292,863 |
| 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 | $649,354 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $22,046,137 |
| 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 | $260 |
| Total liabilities | $260 |
Grants Awarded
Over the last fiscal year, The Perrin Family Foundation has awarded $847,590 in support to 33 organizations.
| Grant Recipient | Amount |
|---|---|
A BETTER WAY FOUNDATION PURPOSE: THE CONNECTICUT BLACK AND BROWN STUDENT UNION | $80,000 |
KATAL CENTER FOR HEALTH EQUITY AND JUSTICE PURPOSE: GENERAL PURPOSE | $75,000 |
A BETTER WAY FOUNDATION PURPOSE: HEARING YOUTH VOICES | $65,000 |
Hartford, CT PURPOSE: SUPPORTING ORGANIZING WORK CT | $65,000 |
New York, NY PURPOSE: FUNDERS COLLABORATIVE ON YOUTH ORGANIZING | $60,000 |
A BETTER WAY FOUNDATION PURPOSE: GENERAL PURPOSE | $50,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that The Perrin Family Foundation has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
Connecticut Community Foundation Inc Waterbury, CT PURPOSE: CAPACITY ASSESSMENT FOR LOCAL YOUTH SERVING ORGANIZATIONS | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
John R Oishei Foundation Buffalo, NY | $294,151,477 | $18,357,929 |
American Express Foundation New York, NY | $66,234,265 | $62,922,703 |
Essel Foundation Inc Purchase, NY | $100,106,056 | $12,292,478 |
Beth And Ravenel Curry Foundation New York, NY | $0 | $44,744,046 |
Kz Family Foundation New York, NY | $10,936,301 | $30,139,672 |
The Freeman Foundation P-01644-00-7 New York, NY | $343,405,683 | $35,941,951 |
Hearst Foundation Inc New York, NY | $439,249,947 | $42,040,987 |
Tansy Charitable Foundation New York, NY | $325,076,608 | $77,631,295 |
Eastern Bank Charitable Foundation Lynn, MA | $286,575,476 | $18,352,628 |
G Harold And Leila Mathers Charitable Foundation Rye Brook, NY | $96,045,942 | $16,941,265 |
Elms Foundation Providence, RI | $0 | -$22,907 |
Thomas L Kempner Jr Foundation Inc Southampton, NY | $328,355,645 | $44,754,721 |