Preservati Family Charitable Tr Foundation is located in Las Vegas, NV. The organization was established in 2009. 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. Preservati Family Charitable Tr 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, Preservati Family Charitable Tr Foundation generated $8.1m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 10.9% each year . All expenses for the organization totaled $2.3m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Preservati Family Charitable Tr Foundation has awarded 88 individual grants totaling $8,534,500. 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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
N Karen Preservati Grantor/trustee | 1 | $0 | |
Arnold D Lively CPA Trustee | 1 | $0 | |
Richard G Preservati Grantor/trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $2,470,813 |
Interest on Savings | $0 |
Dividends & Interest | $1,188,734 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $4,397,463 |
Capital Gain Net Income | $4,397,463 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $8,057,010 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $154,183 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $25 |
Total operating and administrative expenses | $354,833 |
Contributions, gifts, grants paid | $1,954,000 |
Total expenses and disbursements | $2,308,833 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $5,586 |
Savings and temporary cash investments | $2,256,580 |
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 | $1,304,390 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $47,400,971 |
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 |
Over the last fiscal year, Preservati Family Charitable Tr Foundation has awarded $1,954,000 in support to 16 organizations.
Grant Recipient | Amount |
---|---|
SACRED HEART CATHOLIC CHURCH PURPOSE: DONATIONS FOR FOOD EXPENSES | $650,000 |
COMM FDN OF THE VIRGINIAS INC PURPOSE: CONTRIBUTION | $250,000 |
Memphis, TN PURPOSE: UNRESTRICTED | $250,000 |
Princeton, WV PURPOSE: FACILITY RENOVATION | $150,000 |
CONCORD UNIVERSITY FDN INC PURPOSE: RE-TURF THE CONCORD UNIV | $150,000 |
Bluefield, VA PURPOSE: ATHLETIC FIELDS | $100,000 |
Organization Name | Assets | Revenue |
---|---|---|
The 1440 Foundation Saratoga, CA | $206,653,487 | $19,808,457 |
Merkin Family Foundation Marina Del Rey, CA | $241,752,328 | $31,870,945 |
Hopper-Dean Foundation Menlo Park, CA | $45,438,431 | $29,723,797 |
Troesh Family Foundation Henderson, NV | $90,271,272 | $18,993,634 |
Bia Echo Foundation Reno, NV | $26,357,504 | $25,798,977 |
Connie And Bob Lurie Foundation Inc Redwood City, CA | $112,597,495 | $25,457,180 |
Kennys Kids Sedona, AZ | $0 | $509,065 |
Meadowview Foundation San Rafael, CA | $189,484,174 | $15,305,967 |
Pwb Foundation San Francisco, CA | $347,304,916 | $12,423,770 |
Jeffrey Carlton Charitable Foundation Udt Dated April 10 2009 Villa Park, CA | $0 | $7,778,728 |
Autodesk Foundation San Francisco, CA | $47,337 | $16,300,000 |
Priem Family Foundation Burlingame, CA | $0 | -$4,034,198 |