Piasecki Family Foundation
- Assets
- $1.7m
- Revenue
- $38.6k
- Investments
- $1.7m
- Employees
- 0
- Location
- St Paul, MN
- Founding
- 01/1967
- Data as of
- 12/2023
- EIN
- 41-6054303
Organization Overview
Piasecki Family Foundation is located in St Paul, MN. The organization was established in 1967. 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. Piasecki Family 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, Piasecki Family Foundation generated $38.6k 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 (21.4%) each year. All expenses for the organization totaled $96.3k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Piasecki Family Foundation has awarded 40 individual grants totaling $295,353. 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
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Frederick W Piasecki Vice President/director | 1 | $0 | |
Lynn P Cunningham Treasurer/director | 1 | $0 | |
Nicole W Piasecki Secretary/director | 1 | $0 | |
Vivian W Piasecki President/director | 1 | $0 | |
John W Piasecki Director | 1 | $0 | |
Michael W Piasecki Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $55,903 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$17,336 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $38,567 |
| 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 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $26 |
| Total operating and administrative expenses | $11,320 |
| Contributions, gifts, grants paid | $85,000 |
| Total expenses and disbursements | $96,320 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $1,712,850 |
| 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, Piasecki Family Foundation has awarded $85,000 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
BRYN MAWR FILM INSTITUTE INC PURPOSE: GENERAL OPERATING SUPPORT | $10,000 |
FOREST HISTORY SOCIETY PURPOSE: GENERAL OPERATING SUPPORT | $1,000 |
MISS PORTER'S SCHOOL PURPOSE: GENERAL OPERATING SUPPORT | $2,500 |
GLADWYNE MONTESSORI SCHOOL PURPOSE: GENERAL OPERATING SUPPORT | $10,000 |
NATIONAL CONSTITUTION CENTER PURPOSE: GENERAL OPERATING SUPPORT | $5,000 |
PHILADELPHIA ORCHESTRA ASSOCIATION PURPOSE: GENERAL OPERATING SUPPORT | $10,000 |