Marvin J Pertzik Foundation
- Assets
- $1.1m
- Revenue
- $94.8k
- Investments
- $1.0m
- Employees
- 0
- Location
- St Paul, MN
- Founding
- 11/1979
- Data as of
- 12/2023
- EIN
- 41-1364755
Organization Overview
Marvin J Pertzik Foundation is located in St Paul, MN. The organization was established in 1979. 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. Marvin J Pertzik 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, Marvin J Pertzik Foundation generated $94.8k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 22.5% each year . All expenses for the organization totaled $79.4k during the year ending 12/2023. While expenses have increased by 3.1% per year over the past 8 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 2016, Marvin J Pertzik Foundation has awarded 162 individual grants totaling $561,650. 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 |
|---|---|---|---|
Marvin J Pertzik Pres/treas | 3 | $0 | |
Thomas B Williams Secretary | 3 | $0 | |
Fay Fishman V. President | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $50,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $44,786 |
| 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 | $94,786 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $9,769 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $25 |
| Total operating and administrative expenses | $14,161 |
| Contributions, gifts, grants paid | $65,250 |
| Total expenses and disbursements | $79,411 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $21,141 |
| Savings and temporary cash investments | $0 |
| 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 | $1,057,628 |
| 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, Marvin J Pertzik Foundation has awarded $65,250 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
ADATH ISREAL SYNAGOGUE PURPOSE: PROGRAMMING NOT COVERED BY GEN OPS | $27,000 |
AMERICAN FRIENDS OF KIDUM PURPOSE: ADVANCEMENT OF EDUCATION/ISRAEL | $5,000 |
BETH JACOB CONGREGATION PURPOSE: MARVIN J. PERTZIK ENDOWMENT FUND | $2,000 |
BETH JACOB CONGREGATION PURPOSE: PERTZIK SUPPLEMENTAL PROGRAMMING | $2,000 |
JEWISH COMM OF GREATER ST PAUL PURPOSE: MARY & JULIUS PERTZIK CULTURAL ART | $1,500 |
JEWISH COMM OF GREATER ST PAUL PURPOSE: ANNUAL APPEAL | $500 |