Pavelski Family Foundation Inc
- Assets
- $2.6m
- Revenue
- $43.6k
- Investments
- $227.5k
- Employees
- 0
- Location
- Hancock, WI
- Founding
- 01/2020
- Data as of
- 12/2023
- EIN
- 38-4095048
Organization Overview
Pavelski Family Foundation Inc is located in Hancock, WI. The organization was established in 2020. 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. Pavelski Family Foundation Inc 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 12/2023, Pavelski Family Foundation Inc generated $43.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (15.8%) each year. All expenses for the organization totaled $1.0m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Pavelski Family Foundation Inc has awarded 11 individual grants totaling $2,221,000. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO CULTIVATE AND EXPAND THE WORLD'S AGRICULTURAL KNOWLEDGE SO THAT WE CAN MEANINGFULLY DISCUSS AND PREPARE FOR GLOBAL FOOD SUSTAINABILITY THROUGH STEM DONATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard R Pavelski President | 1 | $0 | |
Michelle L Peariso Secretary/treasurer | 5 | $0 | |
Barbara J Pavelski Director | 1 | $0 | |
Andria L Davisson Director | 1 | $0 | |
Jeremie M Pavelski Director | 1 | $0 | |
Alicia Pavelski Vice President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $34,880 |
| Dividends & Interest | $6,446 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,317 |
| Capital Gain Net Income | $2,317 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $43,643 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,876 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $710 |
| Total operating and administrative expenses | $8,129 |
| Contributions, gifts, grants paid | $1,004,000 |
| Total expenses and disbursements | $1,012,129 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $366,677 |
| 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 | $2,000,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $227,513 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $327 |
| Total assets | $2,594,517 |
| 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, Pavelski Family Foundation Inc has awarded $1,004,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
FARMING FOR THE FUTURE FOUNDATION INC PURPOSE: SUPPORT FOR EDUCATIONAL AGRICULTURE PROGRAMS | $1,000,000 |
ST PAUL LUTHERAN CHURCH PURPOSE: SUPPORT FOR THANKSGIVING BASKET EVENT | $4,000 |