Maria & Bernard A Pargh Family Foundation Tr
- Assets
- $3.4m
- Revenue
- $241.3k
- Investments
- $3.1m
- Employees
- 0
- Location
- Nashville, TN
- Founding
- 05/2019
- Data as of
- 12/2022
- EIN
- 83-6462178
Organization Overview
Maria & Bernard A Pargh Family Foundation Tr is located in Nashville, TN. The organization was established in 2019. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, 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. Maria & Bernard A Pargh Family Foundation Tr 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, Maria & Bernard A Pargh Family Foundation Tr generated $241.3k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 29.4% each year . All expenses for the organization totaled $436.4k during the year ending 12/2022. While expenses have increased by 18.3% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Maria & Bernard A Pargh Family Foundation Tr has awarded 64 individual grants totaling $1,051,900. 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 |
|---|---|---|---|
Bernard A Pargh President | 1 | $0 | |
Maria E Pargh Secretary | 1 | $0 | |
Franklin A Pargh Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $8,440 |
| Interest on Savings | $822 |
| Dividends & Interest | $98,954 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $133,053 |
| Capital Gain Net Income | $133,053 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $241,269 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $20,855 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $7,045 |
| Total operating and administrative expenses | $33,875 |
| Contributions, gifts, grants paid | $402,500 |
| Total expenses and disbursements | $436,375 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $310,001 |
| Savings and temporary cash investments | $0 |
| 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 | $67,708 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,408,677 |
| 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, Maria & Bernard A Pargh Family Foundation Tr has awarded $402,500 in support to 23 organizations.
| Grant Recipient | Amount |
|---|---|
ABE'S GARDEN PURPOSE: TO FULFILL THE EXEMPT PURPOSES OF THE FOUNDATION | $50,000 |
100 CLUB OF NASHVILLE PURPOSE: TO FULFILL THE EXEMPT PURPOSES OF THE FOUNDATION | $500 |
BETH ISRAEL CONGREGATION PURPOSE: TO FULFILL THE EXEMPT PURPOSES OF THE FOUNDATION | $5,000 |
CURREY INGRAM ACADEMY PURPOSE: TO FULFILL THE EXEMPT PURPOSES OF THE FOUNDATION | $20,000 |
JEWISH FAMILY SERVICE PURPOSE: TO FULFILL THE EXEMPT PURPOSES OF THE FOUNDATION | $5,000 |
GORDON JEWISH COMMUNITY CENTER PURPOSE: TO FULFILL THE EXEMPT PURPOSES OF THE FOUNDATION | $17,500 |