Perkins Charitable Foundation
- Assets
- $14.3m
- Revenue
- $2.6m
- Investments
- $13.6m
- Employees
- 0
- Location
- Cleveland, OH
- Founding
- 03/1952
- Data as of
- 12/2021
- EIN
- 34-6549753
Organization Overview
Perkins Charitable Foundation is located in Cleveland, OH. The organization was established in 1952. 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. Perkins Charitable 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, Perkins Charitable Foundation generated $2.6m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 3.0% each year. All expenses for the organization totaled $2.0m during the year ending 12/2021. While expenses have increased by 7.6% 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, Perkins Charitable Foundation has awarded 491 individual grants totaling $5,546,070. 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 |
|---|---|---|---|
Sallie Sullivan Co-Trustee | 0 | $0 | |
George Oliva III Co-Trustee | 0 | $0 | |
Mary B Perkins Co-Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $119 |
| Dividends & Interest | $935,878 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,572,466 |
| Capital Gain Net Income | $1,572,466 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $53,413 |
| Total Revenue | $2,561,876 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $27,289 |
| Depreciation | $0 |
| Occupancy | $15,000 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,648 |
| Total operating and administrative expenses | $142,924 |
| Contributions, gifts, grants paid | $1,857,200 |
| Total expenses and disbursements | $2,000,124 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $726,527 |
| Savings and temporary cash investments | $0 |
| 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 | $1,079,501 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $14,294,669 |
| 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, Perkins Charitable Foundation has awarded $1,857,200 in support to 169 organizations.
| Grant Recipient | Amount |
|---|---|
TALL TIMBERS RESEARCH STATION PURPOSE: PHILANTHROPIC PURPOSES. | $556,750 |
JOHNNY MORRIS' WONDERS OF WILDLIFE FOUNDATION PURPOSE: PHILANTHROPIC PURPOSES. | $130,000 |
New London, CT PURPOSE: PHILANTHROPIC PURPOSES. | $60,000 |
TALL TIMBERS RED HILLS PURPOSE: PHILANTHROPIC PURPOSES. | $57,000 |
Mclean, VA PURPOSE: PHILANTHROPIC PURPOSES. | $51,000 |
Brevard, NC PURPOSE: PHILANTHROPIC PURPOSES. | $45,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Douglas & Maria Devos Foundation Grand Rapids, MI | $79,921,409 | $9,501,037 |
Lor Foundation Inc West Chester, PA | $352,392,197 | $12,888,892 |
Grable Foundation Pittsburgh, PA | $386,701,292 | $35,946,563 |
Connelly Foundation West Conshohocken, PA | $387,913,026 | $27,891,431 |
Fred F Silk Charitable Foundation Louisville, OH | $0 | $2,703,630 |
Jewish Foundation Of Cincinnati Cincinnati, OH | $344,322,004 | $65,111,190 |
Charles F Kettering Foundation Dayton, OH | $413,895,327 | $17,762,033 |
Jay And Jeanie Schottenstein Foundation Columbus, OH | $12,858,446 | $29,259,001 |
Susquehanna Foundation Bala Cynwyd, PA | $640,733,550 | $61,262,452 |
The Lozick Family Foundation Pepper Pike, OH | $264,438,182 | $44,457,050 |
Humana Foundation Inc Louisville, KY | $467,311,073 | $9,744,567 |
Dow Company Foundation Bay City, MI | $175,531,548 | $110,489,699 |