Paraszczak Family Foundation Inc is located in Libertyville, IL. 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. Paraszczak 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, Paraszczak Family Foundation Inc generated $52.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (30.5%) each year.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE WHITE FAMILY FOUNDATION, INC, IS A NON-PROFIT ORGANIZATION DEDICATED TO SUPPORTING COMMUNITY CAUSES AND ORGANIZATIONS THAT ARE IMPORTANT TO THE WHITE FAMILY AND TO THE EMPLOYEES OF THE VARIOUS WHITE FAMILY BUSINESS ENTERPRISES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
John S Paraszczak Director | 5 | $0 | |
Janice Paraszczak Director | 5 | $0 | |
John P Paraszczak Director | 5 | $0 | |
Amanda Walker Director | 5 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $50,000 |
Interest on Savings | $13 |
Dividends & Interest | $2,587 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $0 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $52,600 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $0 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $2,606 |
Total operating and administrative expenses | $2,606 |
Contributions, gifts, grants paid | $5,529 |
Total expenses and disbursements | $8,135 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $153,465 |
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 | $0 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $153,465 |
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 |
Over the last fiscal year, Paraszczak Family Foundation Inc has awarded $5,529 in support to 7 organizations.
Grant Recipient | Amount |
---|---|
BELLS CROSSING SCHOOL PURPOSE: SUPPORT ORGANIZATION'S CHARITABLE MISSION | $504 |
CHICAGO WHITE SOX CHARITIES PURPOSE: SUPPORT ORGANIZATION'S CHARITABLE MISSION | $100 |
DEPAUL UNIVERSITY PURPOSE: SUPPORT ORGANIZATION'S CHARITABLE MISSION | $3,500 |
MAINSTREET LIBERTVILLE PURPOSE: SUPPORT ORGANIZATION'S CHARITABLE MISSION | $125 |
ST JUDE CHILDREN'S RESEARCH HOSPITAL PURPOSE: SUPPORT ORGANIZATION'S CHARITABLE MISSION | $300 |
ST JOSPEHS PURPOSE: SUPPORT ORGANIZATION'S CHARITABLE MISSION | $500 |