Milan Puskar Foundation Inc
- Assets
- $45.6m
- Revenue
- $4.6m
- Investments
- $43.9m
- Employees
- 0
- Location
- Morgantown, WV
- Founding
- 05/1996
- Data as of
- 12/2023
- EIN
- 55-0749674
Organization Overview
Milan Puskar Foundation Inc is located in Morgantown, WV. The organization was established in 1996. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Milan Puskar Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2019, Milan Puskar Foundation Inc has awarded 167 individual grants totaling $7,891,541. 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 |
|---|---|---|---|
Kyle M Pratt Director | 0.75 | $15,000 | |
F Thomas Rubenstein Director | 0.75 | $15,000 | |
David M Thomas Director | 0.75 | $15,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,769,371 |
| Interest on Savings | $211 |
| Dividends & Interest | $1,252,793 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,591,461 |
| Capital Gain Net Income | $1,591,461 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $16,659 |
| Total Revenue | $4,630,495 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $45,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $30,912 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $1,571 |
| Printing and publications | $690 |
| Other expenses | $271,628 |
| Total operating and administrative expenses | $360,131 |
| Contributions, gifts, grants paid | $2,188,639 |
| Total expenses and disbursements | $2,548,770 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,450 |
| Savings and temporary cash investments | $1,576,954 |
| 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 | $12,516,842 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $111,506 |
| Total assets | $45,571,128 |
| 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, Milan Puskar Foundation Inc has awarded $2,188,639 in support to 54 organizations.
| Grant Recipient | Amount |
|---|---|
BARLETT HOUSE INC PURPOSE: SOCIAL WELFARE RELATED | $50,000 |
COMMUNITY NETWORKS INC PURPOSE: SOCIAL WELFARE RELATED | $20,000 |
EMPTY BOWLS MONONGALIA PURPOSE: SOCIAL WELFARE RELATED | $25,000 |
MORGANTOWN AREA YOUTH SERVICES PROJECT PURPOSE: SOCIAL WELFARE RELATED | $35,000 |
SCOTTS RUN SETTLEMENT HOUSE INC PURPOSE: SOCIAL WELFARE RELATED | $25,000 |
PANTRY PLUS MORE INC PURPOSE: SOCIAL WELFARE RELATED | $45,000 |