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Petkauskas Foundation is a private corporation based in GLEN ALLEN, VA. The foundation received its IRS ruling in 2014. The principal officer is Audrius Petkauskas. It holds total assets of $446K. Annual income is reported at $160K. Total assets have grown from $69K in 2014 to $157K in 2023. The foundation is governed by 1 officer or trustee. 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 2017 to 2023. According to available records, Petkauskas Foundation has made 9 grants totaling $28K, with a median grant of $4K. Annual giving has grown from $3K in 2020 to $5K in 2023. Grantmaking activity was highest in 2022 with $12K distributed across 3 grants. Individual grants have ranged from $360 to $6K, with an average award of $3K. The foundation has supported 3 unique organizations. Grant recipients are concentrated in Virginia. 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.
Petkauskas Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 9 grants. Its grantmaking reaches organizations primarily in VA.
Petkauskas Foundation has distributed a total of $28K across 9 grants. The median grant size is $4K, with an average of $3K. Individual grants have ranged from $360 to $6K.
Petkauskas Foundation typically selects its grantees rather than accepting unsolicited proposals.
Petkauskas Foundation is headquartered in GLEN ALLEN, VA.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Audrius Petkauskas | DIRECTOR | $0 | $0 | N/A |
Total Giving
$6K
Total Assets
$157K
Fair Market Value
$175K
Net Worth
$157K
Grants Paid
$5K
Contributions
N/A
Net Investment Income
$8K
Distribution Amount
$8K
Total: $128K
Total Grants
9
Total Giving
$28K
Average Grant
$3K
Median Grant
$4K
Unique Recipients
3
Most Common Grant
$4K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Lieporiu GimnazijaEntrty Fee | Siauliai | $4K | 2023 |
| Nova SwimmingUnrestricted | Henrico, VA | $1K | 2023 |
| Lithuanian Optimist AssociationUNRESTRICTED | Nida | $6K | 2022 |