Peoples Support Foundation Limited
- Assets
- $123.6m
- Revenue
- $4.2m
- Investments
- $117.6m
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 10/2017
- Data as of
- 12/2022
- EIN
- 82-1202926
Organization Overview
Peoples Support Foundation Limited is located in Chicago, IL. The organization was established in 2017. 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. Peoples Support Foundation Limited 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 12/2022, Peoples Support Foundation Limited generated $4.2m in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (1.8%) each year. All expenses for the organization totaled $16.4m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Peoples Support Foundation Limited has awarded 364 individual grants totaling $68,255,850. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
SUPPORT EDUCATIONAL CONFERENCE IN ASIA TO FOSTER INTERNATIONAL COLLABORATION AND COMMUNITY BUILDING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jodie Evans President/director | 2 | $0 | |
Jason Pfetcher Treasurer/director | 10 | $0 | |
Jo Anderson-Figueroa Secretary/director | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Goldman Sachs & Co Llc | 12/30/22 | $553,722 |
Arnold & Porter Kaye Scholer Llp | 12/30/22 | $141,474 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,454,724 |
| Dividends & Interest | $1,374,989 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,369,615 |
| Capital Gain Net Income | $1,395,154 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $15,022 |
| Total Revenue | $4,214,350 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $102,719 |
| Taxes | $151,088 |
| Depreciation | $0 |
| Occupancy | $864 |
| Travel, conferences, and meetings | $176,324 |
| Printing and publications | $0 |
| Other expenses | $173,439 |
| Total operating and administrative expenses | $1,414,575 |
| Contributions, gifts, grants paid | $15,031,720 |
| Total expenses and disbursements | $16,446,295 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $5,974,626 |
| 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 | $18,425,002 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $123,566,989 |
| Accounts payable and accrued expenses | $4,166 |
| 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 | $4,166 |
Grants Awarded
Over the last fiscal year, Peoples Support Foundation Limited has awarded $18,335,150 in support to 114 organizations.
| Grant Recipient | Amount |
|---|---|
PEOPLE'S WELFARE ASSOCIATION PURPOSE: FOR CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY, OR EDUCATIONAL PURPOSES, WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE SERVICE CODE 1986. | $145,000 |
PEOPLE'S WELFARE ASSOCIATION PURPOSE: FOR CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY, OR EDUCATIONAL PURPOSES, WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE SERVICE CODE 1986. | $150,000 |
PEOPLE'S WELFARE ASSOCIATION PURPOSE: FOR CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY, OR EDUCATIONAL PURPOSES, WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE SERVICE CODE 1986. | $100,000 |
PEOPLE'S WELFARE ASSOCIATION PURPOSE: FOR CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY, OR EDUCATIONAL PURPOSES, WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE SERVICE CODE 1986. | $50,000 |
PEOPLE'S WELFARE ASSOCIATION PURPOSE: FOR CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY, OR EDUCATIONAL PURPOSES, WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE SERVICE CODE 1986. | $55,000 |
PEOPLE'S WELFARE ASSOCIATION PURPOSE: FOR CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY, OR EDUCATIONAL PURPOSES, WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE SERVICE CODE 1986. | $997,500 |