Pelino Charitable Foundation
- Assets
- $549.7k
- Revenue
- $66.8k
- Investments
- $538.7k
- Employees
- 0
- Location
- Glen Ellyn, IL
- Founding
- 01/1997
- Data as of
- 11/2023
- EIN
- 36-7158061
Organization Overview
Pelino Charitable Foundation is located in Glen Ellyn, IL. The organization was established in 1997. 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. Pelino 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 11/2023, Pelino Charitable Foundation generated $66.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (10.0%) each year. All expenses for the organization totaled $312.1k during the year ending 11/2023. As we would expect to see with falling revenues, expenses have declined by (0.1%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Pelino Charitable Foundation has awarded 80 individual grants totaling $1,194,500. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marjorie B Pelino Trustee | 1 | $0 | |
Carol L Powers Trustee | 1 | $0 | |
Patricia J Maleczka Trustee | 1 | $0 | |
Ann L Pelino Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $24,652 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $38,865 |
| Capital Gain Net Income | $38,865 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $3,319 |
| Total Revenue | $66,836 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,688 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $201 |
| Total operating and administrative expenses | $12,124 |
| Contributions, gifts, grants paid | $300,000 |
| Total expenses and disbursements | $312,124 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $474 |
| Savings and temporary cash investments | $8,798 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $1,776 |
| Total assets | $549,709 |
| 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 | $15,000 |
| Total liabilities | $15,000 |
Grants Awarded
Over the last fiscal year, Pelino Charitable Foundation has awarded $300,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
ERIKSON INSTITUTE PURPOSE: MENTAL HEALTH SERVICES AT JOSE DE DIEGO ACADEMY | $100,000 |
GADS HILL CENTER PURPOSE: HEALTHY MINDS, HEALTHY SCHOOLS PROGRAM | $100,000 |
JUVENILE PROTECTIVE ASSOCIATES PURPOSE: FUNDING WILL EXPAND THE CONNECT TO KIDS PROGRAM | $100,000 |