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Kosta And Sophia Papich Family Foundation is a private corporation based in WADSWORTH, OH. The foundation received its IRS ruling in 2018. The principal officer is Richard W Burke. It holds total assets of $132K. Annual income is reported at $24K. Total assets have grown from $45K in 2019 to $131K in 2023. The foundation is governed by 2 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 2018 to 2023. The foundation primarily funds organizations in Ohio, Pennsylvania and Michigan. According to available records, Kosta And Sophia Papich Family Foundation has made 18 grants totaling $79K, with a median grant of $1K. Annual giving has grown from $16K in 2021 to $30K in 2023. Grantmaking activity was highest in 2022 with $33K distributed across 8 grants. Individual grants have ranged from $100 to $26K, with an average award of $5K. The foundation has supported 7 unique organizations. The foundation primarily supports organizations in Pennsylvania, Ohio, Michigan, which account for 94% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$3K
Average Grant
$4K
Largest Grant
$10K
Based on 4 grants from the most recent 990-PF filing.
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.
Kosta And Sophia Papich Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 18 grants. Its grantmaking reaches organizations primarily in PA, OH, MI.
Kosta And Sophia Papich Family Foundation has distributed a total of $79K across 18 grants. The median grant size is $1K, with an average of $5K. Individual grants have ranged from $100 to $26K.
Kosta And Sophia Papich Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Kosta And Sophia Papich Family Foundation is headquartered in WADSWORTH, OH. While based in OH, the foundation distributes grants to organizations across 4 states.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Kosta Papich | President | $0 | $0 | N/A |
| Sophia Papich | Secretary | $0 | $0 | N/A |
Total Giving
$30K
Total Assets
$131K
Fair Market Value
$362K
Net Worth
$131K
Grants Paid
$30K
Contributions
N/A
Net Investment Income
$5K
Distribution Amount
N/A
Total: $125K
Total Grants
18
Total Giving
$79K
Average Grant
$5K
Median Grant
$1K
Unique Recipients
7
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Serbian Orthodox ChurchOrthodox church | Monroeville, PA | $26K | 2023 |
| St Archangel MichaelChurch charity | Akron, OH | $2K | 2023 |
| St Demetrius Serbian Orthodox ChurchOrthodox church | Fairlawn, OH | $625 | 2023 |
| Lifeline Humanitarian OrgSerbian humanitarian aid. | Chicago, IL | $500 | 2023 |
| Barberton Community FoundationCommunity Foundation | Barberton, OH | $100 | 2023 |
| Serbian Singing FederationSerbian singing | Madison Heights, MI | — | 2023 |
| Serbian Cultural GardenSupport of Serbian culture | Cleveland, OH | $2K | 2021 |
CLEVELAND, OH
CINCINNATI, OH
DUBLIN, OH