Peak Family Foundation Inc
- Assets
- $997.4k
- Revenue
- $74.3k
- Investments
- $940.5k
- Employees
- 0
- Location
- Victor, NY
- Founding
- 06/2019
- Data as of
- 12/2022
- EIN
- 83-2794322
Organization Overview
Peak Family Foundation Inc is located in Victor, NY. The organization was established in 2019. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations 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. Peak Family 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.
For the year ending 12/2022, Peak Family Foundation Inc generated $74.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (40.5%) each year. All expenses for the organization totaled $54.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Peak Family Foundation Inc has awarded 28 individual grants totaling $137,747. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alexander Radetich Chairman | 1 | $0 | |
Katherine Radetich Treasurer/secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $22,714 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $51,596 |
| Capital Gain Net Income | $51,596 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $74,310 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,095 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $240 |
| Total operating and administrative expenses | $6,175 |
| Contributions, gifts, grants paid | $48,575 |
| Total expenses and disbursements | $54,750 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $56,926 |
| 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 | $997,408 |
| 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, Peak Family Foundation Inc has awarded $48,575 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN HEART ASSOCIATION PURPOSE: GENERAL FUND | $100 |
ST LAWRENCE UNIVERSITY PURPOSE: STUDENT SCHOLARSHIPS | $8,000 |
ST PAUL LUTHERAN CHURCH PURPOSE: GENERAL FUND | $165 |
BOCA HELPING HANDS PURPOSE: GENERAL FUND | $2,000 |
UNITIO PURPOSE: MEDICAL | $30,000 |
AMERICAN RED CROSS PURPOSE: HURRIANCE IAN | $500 |