Polasky Family Foundation
- Assets
- $38.7k
- Revenue
- $68.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Saginaw, MI
- Founding
- 10/1965
- Data as of
- 06/2019
- EIN
- 38-6107372
Organization Overview
Polasky Family Foundation is located in Saginaw, MI. The organization was established in 1965. 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.
For the year ending 06/2019, Polasky Family Foundation generated $68.2k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 48.5% each year . All expenses for the organization totaled $70.6k during the year ending 06/2019. While expenses have increased by 51.8% 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 2017, Polasky Family Foundation has awarded 93 individual grants totaling $154,908. 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 |
|---|---|---|---|
Frumeth B Hirsh Polasky Presidentsecretarytreasurer | 3 | $0 | |
Diane Polasky Director | 1 | $0 | |
Jonathan M Siegel Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $67,232 |
| Interest on Savings | $948 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $68,180 |
| 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 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,720 |
| Total operating and administrative expenses | $1,997 |
| Contributions, gifts, grants paid | $68,605 |
| Total expenses and disbursements | $70,602 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,313 |
| Savings and temporary cash investments | $36,337 |
| 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 | $0 |
| Total assets | $38,650 |
| 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, Polasky Family Foundation has awarded $68,605 in support to 39 organizations.
| Grant Recipient | Amount |
|---|---|
Baltimore, MD PURPOSE: 501C3 CHARITY | $13,710 |
ROHR JEWISH LEARNING INST PURPOSE: 501C3 CHARITY | $13,600 |
CHABAD OF SPOKANE PURPOSE: 501C3 CHARITY | $12,800 |
CHABAD OF EASTERN MICHIGAN PURPOSE: 501C3 CHARITY | $5,235 |
CONGRESS BNAI TESHUVA PURPOSE: 501C3 CHARITY | $2,600 |
Los Angeles, CA PURPOSE: 501C3 CHARITY | $2,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
John Joseph Sigstein Foundation Inc Huntington, IN | $0 | $2,327,854 |
Herrick Foundation Detroit, MI | $135,749,323 | $10,836,296 |
Wexner Foundation New Albany, OH | $6,442,852 | $9,976,190 |
We Energies Foundation Inc Milwaukee, WI | $74,423,525 | $6,027,785 |
The Samuel And Jean Frankel Fine Arts Foundation Bloomfield Hills, MI | $136,493,173 | $6,844,673 |
Bill & Julia Van Domelen Foundation Kalamazoo, MI | $132,053,109 | $12,849,321 |
Hcs Foundation Cleveland, OH | $105,976,263 | $7,902,405 |
Manoogian Simone Foundation Dearborn, MI | $47,087,292 | $4,923,874 |
Consumers Energy Foundation Jackson, MI | $77,869,075 | $10,169,744 |
The Ceres Trust Milwaukee, WI | $8,473,497 | $7,541,315 |
New Jci Foundation Inc Milwaukee, WI | $45,616,522 | $3,307,387 |
Marge & Charles J Schott Foundation Cincinnati, OH | $96,968,868 | $11,169,832 |