Pci Foundation
- Assets
- $1.3m
- Revenue
- $469.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 05/2019
- Data as of
- 06/2022
- EIN
- 36-4462696
Organization Overview
Pci Foundation is located in Chicago, IL. The organization was established in 2019. According to its NTEE Classification (S11) the organization is classified as: Single Organization Support, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pci 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 06/2022, Pci Foundation generated $469.6k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $1.2m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Pci Foundation has awarded 69 individual grants totaling $4,156,930. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
MISSION OF THE FOUNDATION IS TO FOSTER EDUCATIONAL INITIATIVES FOCUSED ON INNOVATIVE APPROACHES TO THE INTEGRATED AND SUSTAINABLE USE OF PRECAST CONCRETE DESIGN, FABRICATION, AND CONSTRUCTION. PCI FOUNDATION HELPS CREATE PRECAST-FOCUSED COLLEGE EXPERIENCES. THE FOUNDATION FUNDS "PRECAST STUDIOS" AT SCHOOLS AROUND THE UNITED STATES IN PARTNERSHIP WITH LOCAL ORGANIZATIONS WHO HELP CREATE THE CURRICULA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE CURRICULUM DEVELOPMENT GRANTS TO SCHOOLS OF ARCHITECTURE, ENGINEERING AND CONSTRUCTION MANAGEMENT. THESE GRANTS ALLOW PROFESSORS TO PARTNER WITH LOCAL PRECAST PRODUCERS, ENGINEERS AND ARCHITECTS TO CREATE UNIQUE CONTENT THAT CULTIVATES PRODUCTIVE RELATIONSHIPS BETWEEN THE PRECAST INDUSTRY AND THE ACADEMIC COMMUNITY, DEVELOPS HIGH-POTENTIAL STUDENTS FOR PRODUCTIVE CAREERS WITHIN THE INDUSTRY AND FACILITATES INCLUDING PRECAST CONCRETE INFORMATION AND TECHNOLOGIES IN UNIVERSITY CURRICULA.
FACILITATE INCLUSION OF PRECAST CONCRETE SYSTEMS & TECHNOLOGIES IN COLLEGES AND TO FOSTER THE DEVELOPMENT OF SUSTAINABLE PROTECTIVE & CONSTRUCTIVE PRECAST CONCRETE THROUGH SEMINARS & UNIVERSITY CURRICULA. THE GOAL IS TO CREATE A POSITIVE, MEANINGFUL AND LASTING IMPRESSION ON STUDENTS WHO WILL BE WORKING IN THE DESIGN AND CONSTRUCTION INDUSTRY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gregory Force Chairman | OfficerTrustee | 2 | $0 |
Christopher J Pastorius Vice Chairman | OfficerTrustee | 1 | $0 |
Dan Juntunen Treasurer | OfficerTrustee | 2 | $0 |
Ray Clark Secretary/development Council Chair | OfficerTrustee | 1 | $0 |
Adel Elsafty Academic Council Chair | OfficerTrustee | 1 | $0 |
Marty Mcintyre Executive Director | OfficerTrustee | 30 | $100,929 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $54,643 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $354,357 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $409,000 |
| Total Program Service Revenue | $0 |
| Investment income | $27,167 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $33,391 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $469,574 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $785,071 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $75,671 |
| Fees for services: Legal | $39 |
| Fees for services: Accounting | $31,050 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $7,147 |
| Fees for services: Other | $83,881 |
| Advertising and promotion | $0 |
| Office expenses | $34,742 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $62,342 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $73,676 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $1,153,619 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $37,950 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,260,369 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,298,319 |
| Accounts payable and accrued expenses | $11,742 |
| Grants payable | $855,789 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $867,531 |
| Net assets without donor restrictions | $417,488 |
| Net assets with donor restrictions | $13,300 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,298,319 |
Grants Awarded
Over the last fiscal year, Pci Foundation has awarded $781,071 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
NEW JERSEY INSTITUTE OF TECHNOLOGY PURPOSE: PROMOTE EDUCATION | $60,000 |
WASHINGTON UNIVERSITY- ST LOUIS PURPOSE: PROMOTE EDUCATION | $25,000 |
UNIVERSITY OF SOUTHERN CALIFORNIA PURPOSE: PROMOTE EDUCATION | $60,000 |
CLEMSON UNIVERSITY PURPOSE: PROMOTE EDUCATION | $20,000 |
UWM FOUNDATION PURPOSE: PROMOTE EDUCATION | $80,000 |
UNIVERSITY OF DELAWARE PURPOSE: PROMOTE EDUCATION | $100,000 |