Par Pacific Charitable Giving Inc
- Assets
- $374.2k
- Revenue
- $49.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Houston, TX
- Founding
- 06/2019
- Data as of
- 12/2022
- EIN
- 82-1829121
Organization Overview
Par Pacific Charitable Giving Inc is located in Houston, TX. The organization was established in 2019. According to its NTEE Classification (T19) the organization is classified as: Support N.E.C., 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. Par Pacific Charitable Giving 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 12/2022, Par Pacific Charitable Giving Inc generated $49.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (24.4%) each year. All expenses for the organization totaled $53.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE FOUNDATION'S MISSION IS TO RAISE FUNDS THROUGH ITS VARIOUS FUNDRAISING ACTIVITIES FOR THE PURPOSE OF MAKING CHARITABLE CONTRIBUTIONS TO CHARITIES INTENDED TO IMPROVE THE LIVES OF THOSE PERSONS WHO LIVE IN OR NEAR THE COMMUNITIES WHERE PAR PACIFIC HOLDINGS INC. HAS OPERATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHARITABLE DONATION TO HOSPICE HAWAII INC
CHARITABLE DONATION TO HAWAII FOODBANK INC
CHARITABLE DONATION TO NEWCASTLE BOOSTER CLUB
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matthew Legg President | OfficerTrustee | 4 | $0 |
Jeff Hollis Secretary | OfficerTrustee | 2 | $0 |
William Pate Director | OfficerTrustee | 2 | $0 |
Jim Yates Director | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $49,567 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $49,567 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $47,551 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $39 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $53,526 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $307,552 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $66,600 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $374,152 |
| Accounts payable and accrued expenses | $307,435 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $307,435 |
| Net assets without donor restrictions | $66,717 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $374,152 |
Grants Awarded
Over the last fiscal year, Par Pacific Charitable Giving Inc has awarded $47,551 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
HAWAII FOODBANK DONATION PURPOSE: To support local community where Par Pacific does business. | $10,000 |
HOSPICE HAWAII INC PURPOSE: To support local community where Par Pacific does business. | $10,000 |
NEWCASTLE VOLUNTEER FIRE DEPARTMENT PURPOSE: To support local community where Par Pacific does business. | $9,184 |
NEWCASTLE BOOSTER CLUB PURPOSE: To support local community where Par Pacific does business. | $9,183 |
HELPING HANDS FOUNDATION PURPOSE: To support local community where Par Pacific does business. | $9,184 |