Pucci Family Foundation is located in Chicago, IL. The organization was established in 1980. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pucci 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 12/2022, Pucci Family Foundation generated $2.1m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 7.1% each year. All expenses for the organization totaled $2.6m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Pucci Family Foundation has awarded 44 individual grants totaling $1,532,310. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SOCIETY MAINTAINS A REPOSITORY TO PRESERVE AND MAINTAIN WORKS OF ART, ANTIQUITIES, & OTHER SIGNIFICANT COLLECTIBLES. CURRENT YEAR COLLECTION PURCHASES (EXPENSED)
Name (title) | Role | Hours | Compensation |
---|---|---|---|
J R Davis Co-Chair/treasurer/secretary | 30 | $20,000 | |
Dawn Davis President & Director | 30 | $20,000 | |
Caryl Pucci Rettaliata Chairman & Director | 1 | $0 | |
A Robert Abboud Director | 5 | $20,000 | |
Lester Mckeever Jr Director | 5 | $20,000 | |
J R Davis III Director | 5 | $20,000 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $357,796 |
Dividends & Interest | $155,204 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $1,618,477 |
Capital Gain Net Income | $1,655,792 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $7,800 |
Total Revenue | $2,139,277 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $120,000 |
Other employee salaries and wages | $443,569 |
Pension plans, employee benefits | $49,140 |
Interest | $5 |
Taxes | $253,121 |
Depreciation | $849,953 |
Occupancy | $544,729 |
Travel, conferences, and meetings | $0 |
Printing and publications | $728 |
Other expenses | $86,288 |
Total operating and administrative expenses | $2,508,825 |
Contributions, gifts, grants paid | $110,500 |
Total expenses and disbursements | $2,619,325 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $457,254 |
Savings and temporary cash investments | $2,753,508 |
Net Accounts receivable | $107,759 |
Net Pledges Receivable | $0 |
Grants receivable | $547,531 |
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 | $20,672 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $0 |
Net Land, buildings, and equipment | $36,871,546 |
Other assets | $2 |
Total assets | $60,367,370 |
Accounts payable and accrued expenses | $256,545 |
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 | $52,862 |
Total liabilities | $309,407 |
Over the last fiscal year, Pucci Family Foundation has awarded $110,500 in support to 3 organizations.
Grant Recipient | Amount |
---|---|
FOX RIVER VALLEY HUNT ASSOCIATION PURPOSE: GENERAL SUPPORT | $100,000 |
CHICAGO ZOOLOGICAL SOCIETY (BROOKFIELD ZOO) PURPOSE: GENERAL SUPPORT | $10,000 |
MICHAEL FIELDS AGRICULTURAL INSTITUTE PURPOSE: GENERAL SUPPORT | $500 |