Michael F Petrie And Jody J Petrie Foundation is located in Carmel, IN. The organization was established in 2014. 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. Michael F Petrie And Jody J Petrie 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 12/2021, Michael F Petrie And Jody J Petrie Foundation generated $673.5k in total revenue. All expenses for the organization totaled $289.4k during the year ending 12/2021. While expenses have increased by 40.0% 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 2020, Michael F Petrie And Jody J Petrie Foundation has awarded 38 individual grants totaling $602,250. 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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Michael F Petrie President And Treasurer | 3 | $0 | |
Jody J Petrie Vice President And Secretary | 1.5 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $651,898 |
Interest on Savings | $582 |
Dividends & Interest | $20,695 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $326 |
Capital Gain Net Income | $326 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $673,501 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $194 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $0 |
Total operating and administrative expenses | $194 |
Contributions, gifts, grants paid | $289,250 |
Total expenses and disbursements | $289,444 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $8,875 |
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 | $3,099,779 |
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 |
Over the last fiscal year, Michael F Petrie And Jody J Petrie Foundation has awarded $289,250 in support to 21 organizations.
Grant Recipient | Amount |
---|---|
IU FOUNDATION PURPOSE: SUPPORT EDUCATION AT INDIANA UNIVERSITY THROUGH THE KELLEY SCHOOL OF BUSINESS. | $79,500 |
ST LUKE'S CATHOLIC CHURCH PURPOSE: CATHOLIC CHURCH | $69,750 |
Indianapolis, IN PURPOSE: SUPPORT EDUCATION AT MARIAN UNIVERSITY THROUGH THEIR ANCILLA COLLEGE AND DEVELOPMENT OF THEIR NEW RESIDENCE HALL. | $50,000 |
Indianapolis, IN PURPOSE: TO PROVIDE ASSISTANCE IN BUILDING A RESIDENCE FOR THOSE WITH TRAUMATIC BRAIN INJURIES. | $25,000 |
CASS COUNTY YMCA PURPOSE: PROMOTE YOUTH DEVELOPMENT | $25,000 |
Carmel, IN PURPOSE: THE HIGH SCHOOL GOLF PROGRAM, INDIANA FIRST TEE PROGRAM AND THE PGA HOPE PROGRAM. | $5,000 |
Organization Name | Assets | Revenue |
---|---|---|
Lumina Foundation For Education Inc Indianapolis, IN | $0 | $124,727,424 |
Fulk Family Foundation Inc Chicago, IL | $111,507,856 | $5,187,231 |
The Robert D And Patricia E Kern Family Foundation Inc Waukesha, WI | $717,991,169 | $43,480,423 |
Grainger Foundation Inc Lake Forest, IL | $184,158,239 | $17,016,007 |
Crawford Taylor Foundation St Louis, MO | $738,101,888 | $69,635,068 |
Zell Family Foundation Chicago, IL | $0 | $76,843,080 |
Enterprise Holdings Foundation Saint Louis, MO | $398,583,830 | $68,157,541 |
Abbvie Foundation North Chicago, IL | $72,211,109 | $4,010,058 |
Hall Family Foundation Kansas City, MO | $1,171,646,854 | $87,869,006 |
Caterpillar Foundation Peoria, IL | $93,606,659 | $54,411,827 |
Circle Of Service Foundation Chicago, IL | $697,372,085 | $55,153,209 |
Allstate Foundation Northbrook, IL | $112,475,932 | $31,277,614 |