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Preik Family Foundation Inc. is a private corporation based in HUNTERSVILLE, NC. The foundation received its IRS ruling in 2008. It holds total assets of $9.9M. Annual income is reported at $4.3M. Total assets have grown from $7.8M in 2011 to $9.7M in 2023. The foundation is governed by 6 officers and trustees. Foundation provides charitable monetary gifts to other charities. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. Funding is distributed across 7 states, including Florida, Colorado, Michigan. According to available records, Preik Family Foundation Inc. has made 30 grants totaling $1.8M, with a median grant of $50K. Annual giving has decreased from $1.3M in 2022 to $510K in 2023. Individual grants have ranged from $5K to $559K, with an average award of $136K. The foundation has supported 8 unique organizations. The foundation primarily supports organizations in Michigan, Tennessee, Georgia, which account for 33% of all grants. Grantmaking reaches organizations across 8 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$10K
Median Grant
$60K
Average Grant
$210K
Largest Grant
$559K
Based on 3 grants from the most recent 990-PF filing.
Foundation provides charitable monetary gifts to other charities
Expenses: $447K
Foundation provides charitable monetary gifts to other charities. Based on available records, the foundation has funded 30 grants. Its grantmaking reaches organizations primarily in MI, TN, GA.
Preik Family Foundation Inc. has distributed a total of $1.8M across 30 grants. The median grant size is $50K, with an average of $136K. Individual grants have ranged from $5K to $559K.
Preik Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals. Christian educational spiritual and physical assistance to children.
Preik Family Foundation Inc. is headquartered in HUNTERSVILLE, NC. While based in NC, the foundation distributes grants to organizations across 8 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Diana Huynen | Secretary/Treasurer | $18K | $0 | $18K |
| Austin Preik | Trustee | $0 | $0 | N/A |
| Erin Lee | Trustee | $0 | $0 | N/A |
| Jennifer Preik | Trustee/VicePres | $0 | $0 | N/A |
| Curtis Preik | Trustee | $0 | $0 | N/A |
| Reinhold Preik | Trustee/President | $0 | $0 | N/A |
Total Giving
$576K
Total Assets
$9.7M
Fair Market Value
$12.2M
Net Worth
$9.7M
Grants Paid
$510K
Contributions
N/A
Net Investment Income
$289K
Distribution Amount
$570K
Total: $9.3M
Total Grants
30
Total Giving
$1.8M
Average Grant
$136K
Median Grant
$50K
Unique Recipients
8
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Isaiah 117 HouseDuval County home | Elizabethton, TN | $333K | 2023 |
| Amelia Planation Chapel IncGeneral fund | Amelia Island, FL | $52K | 2023 |
| Samaritans Purse International ReliefInternational Relief and other | Boone, NC | $50K | 2023 |
| Sigi & David Oblander Ministries IncPublic Charity | Buford Ga, GA | $50K | 2023 |
| Jerry & Jana Lackey Ministries IncLove Botswana Outreach Mission | Friendswood, TX | $10K | 2023 |
| Doctors Without BordersPublic Charity | New York, NY | $10K | 2023 |
| Christian Health Service CorpsPublic charity | Fruitvale, TX | $5K | 2023 |
| Nassau Habitat For HumanityHome Building Program | Fernandina Beach, FL | — | 2023 |
| Wears Valley Ranch IncPublic Charity | Sevierville, TN | — | 2023 |
| Journey Church Of Nassau CountyThe Future is Now ProjectAuthentic Impact Project | Fernandina Beach, FL | — | 2023 |
| Trust For A Christian Ministry In The National ParksGeneral fund | Denver, CO | — | 2023 |
| Heal Africa UsaGeneral fundHospital ProjectCovid relief Oxygenators | Caledonia, MI | — | 2023 |