Para Family Charitable Foundation Inc

Private foundation · Grantmaker Naperville, IL EIN: 58-2657190

Para Family Charitable Foundation Inc is a private foundation, based in Naperville, IL. IRS filing data is available from 2020 through 2023. As of 2023, the organization holds $85K in total assets. In 2023, it awarded 3 grants totaling $6K.

Key facts about Para Family Charitable Foundation Inc

In short: Para Family Charitable Foundation Inc gave $6K across 3 grants in 2023 (avg $2K), mostly in Texas. Source: 2023 IRS Form 990-PF.

EIN
58-2657190
Latest 990 filing
Form 990-PF, 2023
Annual giving (2023)
$6,000
Grants made (2023)
3
Average grant
$2,000
Median grant
$500
Total assets
$85,483
Primary geography
Texas (83% of itemized 2023 grant dollars)

Data from IRS Form 990-PF, 2023; updated September 2026.

Financial Overview

From 2023 IRS Form 990-PF · View filing

Total Assets

$85K

+8.6% YoY

Annual Giving

$6K

-46.8% YoY

Grant Count

3

-40.0% YoY

Avg Grant Size

$2K

-11.4% YoY

Under IRS private-foundation payout rules, Para Family Charitable Foundation Inc reported a distributable amount of $4K for 2023 — the minimum it must pay out in qualifying distributions.

How Para Family Charitable Foundation Inc gives

  • Giving held roughly steady from 2020 to 2023 (+13%). Method
  • In 2023 it paid out 149% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

7states

Share of 2023 grant dollars across all 3 itemized grants.

Cities

BolingbrookLisleAugustaCollege StationDavisGlen EllynGreenvilleHagerstownHardinSarasotaWarrenville

Giving Over Time

Total grant dollars and number of grants per year

$0$5K$10K$15K3 grants2020 2 grants2021 5 grants2022 3 grants2023

From 2020 to 2023, annual grant giving ranged from $5K (2020) to $11K (2022). In 2023 it made 3 grants totaling $6K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2023

The Reach Project: $5KThe Reach Project$5KMorton Arboretum: $500Morton Arboretum$500Association of Women Martial Arts Instru: $500Association of Women MartialArts Instru$500

The largest 2023 recipient was The Reach Project ($5K). Together the top 3 received $6K.

Grant Size Distribution

13 grants across all recorded years

13<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 13 grants of 13 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
The Reach Project College Station, TXFor Programs$5,000
Morton Arboretum Lisle, ILFor Programs$500
Association of Women Martial Arts Instru Davis, CAFor Programs$500

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$20K$40K$60K$80K2020 2021 2022 2023
Metric202320222021
Total Assets$85,483$78,707$89,809
Revenue$13,450$1,000$56,523
Expenses$6,674$12,103$6,166
Qualifying Distributions$6,000$11,285$6,164
Net Investment Income—$1,000$56,523
Distributable Amount$4,018$4,112$3,715

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2023

Leadership & Key People

Officers and directors from IRS filings

Para Family Charitable Foundation Inc is led by Jennifer Para, President on every filing since 2020; none of the 2 officers listed in 2023 report compensation.

Officers on the 2023 filing

  • Jennifer Para

    President

    On filings since 2020

    No compensation reported

  • Bob Para

    Vice President

    On filings since 2020

    No compensation reported

Former officers (1)
  • Former: Daniel Para (2020) — Secretary

Data from IRS Form 990 filings, 2020–2023. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Para Family Charitable Foundation Inc

How much does Para Family Charitable Foundation Inc give each year?

Para Family Charitable Foundation Inc gave $6K across 3 grants in 2023, according to its 2023 IRS Form 990-PF. In 2022 it gave $11K across 5 grants.

What is Para Family Charitable Foundation Inc's typical grant size?

Para Family Charitable Foundation Inc's median grant in 2023 was $500, and its average grant was $2,000, across 3 grants on its 2023 IRS Form 990-PF.

Where does Para Family Charitable Foundation Inc give grants?

Para Family Charitable Foundation Inc gives mostly in Texas: 83% of the grant dollars itemized on its 2023 IRS Form 990-PF went to recipients there. The next largest states were Illinois (8%) and California (8%).

Does Para Family Charitable Foundation Inc give general operating support?

Not in 2023: none of the 3 grants with a stated purpose on Para Family Charitable Foundation Inc's 2023 IRS Form 990-PF were described as general or operating support. Recurring purposes include "For Programs" (3 grants).

How large is Para Family Charitable Foundation Inc?

Para Family Charitable Foundation Inc reported $85K in total assets on its 2023 IRS Form 990-PF. It paid out $6K in qualifying distributions that year, against a required minimum of $4K (roughly 5% of its investment assets).

What is Para Family Charitable Foundation Inc's EIN?

Para Family Charitable Foundation Inc's EIN (Employer Identification Number) is 58-2657190. IRS Form 990 filing data is available on this page for 2020–2023.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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