Perkins Foundation
- Assets
- $854.6k
- Revenue
- $3.8k
- Investments
- $850.0k
- Employees
- 0
- Location
- Wayzata, MN
- Founding
- 03/1969
- Data as of
- 12/2023
- EIN
- 41-0948862
Organization Overview
Perkins Foundation is located in Wayzata, MN. The organization was established in 1969. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Perkins 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 12/2023, Perkins Foundation generated $3.8k 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 (4.4%) each year. All expenses for the organization totaled $39.5k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (7.0%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Perkins Foundation has awarded 59 individual grants totaling $156,190. 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 |
|---|---|---|---|
Richard C Perkins President | 5 | $0 | |
Pamela L Brown Vice Pres | 1 | $0 | |
Daniel S Perkins Vice Pres | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,714 |
| Dividends & Interest | $2,040 |
| 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 | $3,754 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $135 |
| Total operating and administrative expenses | $13,748 |
| Contributions, gifts, grants paid | $25,750 |
| Total expenses and disbursements | $39,498 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $4,561 |
| 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 | $854,564 |
| 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, Perkins Foundation has awarded $25,750 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
FRIENDS OF IPWSO PURPOSE: GENERAL SUPPORT | $1,000 |
WAYZATA CRIME PREVENTIO PURPOSE: GENERAL SUPPORT | $250 |
PACER CENTER PURPOSE: GENERAL SUPPORT | $3,000 |
WESTBY NORSE FUND PURPOSE: GENERAL SUPPORT | $8,000 |
DOMESTIC ABUSE PROJECT PURPOSE: GENERAL SUPPORT | $2,000 |
PEACEMAKER MINNESOTA PURPOSE: GENERAL SUPPORT | $1,000 |