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Family Philanthropic Foundation is a private trust based in BOSTON, MA. The foundation received its IRS ruling in 2000. The principal officer is David S Paresky. It holds total assets of $10.9M. Annual income is reported at $3.5M. Total assets have grown from $2.8M in 2011 to $9.9M in 2023. The foundation is governed by 5 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. According to available records, Family Philanthropic Foundation has made 2 grants totaling $960K, with a median grant of $480K. Grant recipients are concentrated in Florida. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Family Philanthropic Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 2 grants. Its grantmaking reaches organizations primarily in FL.
Family Philanthropic Foundation has distributed a total of $960K across 2 grants. The median grant size is $480K, with an average of $480K. Individual grants have ranged from $480K to $480K.
Family Philanthropic Foundation typically selects its grantees rather than accepting unsolicited proposals.
Family Philanthropic Foundation is headquartered in BOSTON, MA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Mark A Paresky | TRUSTEE | $0 | $0 | N/A |
| Laura J Gould | TRUSTEE | $0 | $0 | N/A |
| Pamela B Paresky | TRUSTEE | $0 | $0 | N/A |
| Linda K Paresky | TRUSTEE | $0 | $0 | N/A |
| David S Paresky | TRUSTEE | $0 | $0 | N/A |
Total Giving
$646K
Total Assets
$9.9M
Fair Market Value
$14.3M
Net Worth
$9.9M
Grants Paid
$486K
Contributions
$1.2M
Net Investment Income
$611K
Distribution Amount
$602K
Total: $9.8M
Total Grants
2
Total Giving
$960K
Average Grant
$480K
Median Grant
$480K
Unique Recipients
1
Most Common Grant
$480K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The Miami FoundationCHARITABLE | Miami, FL | $480K | 2022 |