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Para Family Charitable Foundation Inc. is a private corporation based in NAPERVILLE, IL. The foundation received its IRS ruling in 2002. The principal officer is Robert Allan Para. It holds total assets of $85K. Annual income is reported at $13K. Total assets have decreased from $133K in 2011 to $85K 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 2015 to 2023. The foundation primarily funds organizations in Illinois, Kentucky and Georgia. According to available records, Para Family Charitable Foundation Inc. has made 16 grants totaling $34K, with a median grant of $1K. The foundation has distributed between $5K and $23K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $23K distributed across 10 grants. Individual grants have ranged from $295 to $6K, with an average award of $2K. The foundation has supported 10 unique organizations. The foundation primarily supports organizations in Illinois, Texas, Kentucky, which account for 75% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$1K
Average Grant
$2K
Largest Grant
$6K
Based on 5 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.
Para Family Charitable Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 16 grants. Its grantmaking reaches organizations primarily in IL, TX, KY.
Para Family Charitable Foundation Inc. has distributed a total of $34K across 16 grants. The median grant size is $1K, with an average of $2K. Individual grants have ranged from $295 to $6K.
Para Family Charitable Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Para Family Charitable Foundation Inc. is headquartered in NAPERVILLE, IL. While based in IL, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bob Para | Vice President | $0 | $0 | N/A |
| Jennifer Para | President | $0 | $0 | N/A |
Total Giving
$7K
Total Assets
$85K
Fair Market Value
$85K
Net Worth
$85K
Grants Paid
$6K
Contributions
$13K
Net Investment Income
N/A
Distribution Amount
$4K
Total Grants
16
Total Giving
$34K
Average Grant
$2K
Median Grant
$1K
Unique Recipients
10
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The Reach ProjectFOR PROGRAMS | College Station, TX | $5K | 2023 |
| Morton ArboretumFOR PROGRAMS | Lisle, IL | $500 | 2023 |
| Association Of Women Martial Arts InstruFOR PROGRAMS | Davis, CA | $500 | 2023 |
| Give Me A Chance FoundationFOR PROGRAMS | Bolingbrook, IL | $6K | 2022 |
| Jeff Russell Amazing Blaze DisasterDONATION FOR MEAL DELIVERY TO HURRICANE VICTIMS | Hardin, KY | $3K | 2022 |
| College Of DupageFOR PROGRAMS | Glen Ellyn, IL | $1K | 2022 |
| All American ClassDONATION TO FUNDRAISER FOR CHILD WITH INCURABLE CANCER. | Augusta, GA | $785 | 2022 |
| Van Wezel FoundationFOR PROGRAMS | Sarasota, FL | $3K | 2020 |
| Equipping The SaintsFOR PROGRAMS | Greenville, TX | $2K | 2020 |
| Cenacle Retreat CenterFOR PROGRAMS | Warrenville, IL | $295 | 2020 |