Patty Pollatos Fund Inc
- Assets
- $0.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- New Market, MD
- Founding
- 12/2000
- Data as of
- 12/2020
- EIN
- 52-2272934
Organization Overview
Patty Pollatos Fund Inc is located in New Market, MD. The organization was established in 2000. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. Patty Pollatos Fund Inc 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 12/2020, Patty Pollatos Fund Inc generated $128.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (23.2%) each year. All expenses for the organization totaled $435.6k during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Patty Pollatos Fund Inc has awarded 23 individual grants totaling $367,399. 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT INDIVIDUALS AND FAMILIES SUFFERING FROM CANCER AND OTHER DEVASTATING ILLNESSES BY RAISING FUNDS WITH AN ALL-VOLUNTEER WORKFORCE TO COVER MEDICAL AND LIVING EXPENSES IN THEIR TIME OF NEED.
Describe the Organization's Program Activity:
Part 3
THE PATTY POLLATOS FUND, INC. ASSISTED 30 CANCER PATIENTS IN THE FREDERICK COUNTY, MARYLAND AREA WHOSE FAMILIES' HAVE BEEN FINANCIALLY DEVASTATED BY THE ILLNESS PREVENTING THEM FROM GAINFUL EMPLOYMENT. THESE INDIVIDUALS EITHER DID NOT HAVE HEALTH INSURANCE OR LOST HEALTH INSURANCE AS A RESULT OF LOSING THEIR JOB. THE FINANCIAL ASSISTANCE TYPICALLY CONSISTED OF MEDICAL BILLS, RENT OR MORTGAGE PAYMENTS, FOOD, AND OTHER LIVING EXPENSES.
THE PATTY POLLATOS FUND, INC. MAINTAINS A FAMILY CRISIS FUND THAT ASSISTS INDIVIDUALS DEVASTATED BY ILLNESSES AND ACCIDENTS OTHER THAN CANCER, SUCH AS SPINAL CORD INJURIES, OR ORGAN TRANSPLANTS IN EMERGENCY SITUATIONS. THESE FUNDS ARE DESIGNED TO ENABLE INDIVIDUALS AND THEIR FAMILIES WHO FACE SUDDEN SITUATIONS THAT REQUIRE FINANCIAL ASSISTANCE TO MEET EMERGENCY HEALTH NEEDS AS WELL AS IMMEDIATE LIVING EXPENSES. THE FAMILY CRISIS FUND ASSISTED 25 INDIVIDUALS AND FAMILIES DURING THE YEAR.
THE PATTY POLLATOS FUND, INC. ASSISTS INDIVIDUALS IN NEED BY GRANTING OR FORWARDING FUNDS TO OTHER NON-RELATED CHARITABLE ORGANIZATIONS IN THE FREDERICK COUNTY, MARYLAND AREA AND BEYOND. THESE ORGANIZATIONS HAVE MISSIONS THAT ALIGN WITH THE MISSION OF PATTY POLLATOS FUND, INC. TO ASSIST THOSE IN NEED DUE TO DEVASTATING LIFE EVENTS. THE ORGANIZATION BELIEVES IT CAN HELP A GREATER NUMBER OF INDIVIDUALS OVER A LARGER GEOGRAPHIC AREA BY INVOLVING OTHER ORGANIZATIONS, ESPECIALLY THOSE SERVING FAMILIES AND INDIVIDUALS THAT MAY NOT HAVE A SUPPORT GROUP TO ASSIST. THE ORGANIZATION SUPPORTED 7 OTHER CHARITABLE ORGANIZATIONS DURING THE YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Debbie Williams President | 5 | $0 | |
Kris Hawley Vice Preside | 1 | $0 | |
Briony Campbell Secretary | 1 | $0 | |
Ellen Keyser Treasurer | 5 | $0 | |
Helen Burdette Director | 1 | $0 | |
Maryanne Dewitt Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $70,863 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $349 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $57,098 |
| Other Revenue | $0 |
| Total Revenue | $128,310 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $10,652 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $8,535 |
| Total expenses | $435,571 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Total liabilities | $0 |
| Net assets or fund balances | $0 |
Grants Awarded
Over the last fiscal year, Patty Pollatos Fund Inc has awarded $55,394 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
ST JUDE CHILDREN'S HOSPITAL PURPOSE: CHILDREN'S CARE | $10,000 |
SHRINERS CHILDREN'S HOSPITAL PURPOSE: PEDIATRIC CARE | $30,000 |
SALVATION ARMY PURPOSE: CHRISTMAS GIFTS | $15,394 |