Para Family Charitable Foundation Inc
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.
Para Family Charitable Foundation Inc at a glance
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.
- Annual giving (2023)
- $6,000
- -46.8% vs 2022
- Grants made (2023)
- 3
- -40.0% vs 2022
- Average grant
- $2,000
- -11.4% vs 2022
- Median grant
- $500
- Total assets
- $85,483
- +8.6% vs 2022
- Primary geography
- Texas (83% of itemized 2023 grant dollars)
- Latest 990 filing
- Form 990-PF, 2023 View filing
Data from IRS Form 990-PF, 2023; updated September 2026.
Who Para Family Charitable Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2023
The largest 2023 recipient was The Reach Project ($5K). Together the top 3 received $6K.
Grant Size Distribution
13 grants across all recorded years
The most common grant size was under $50K: 13 grants of 13 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2023 grant dollars across all 3 itemized grants.
Cities
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.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2023, annual grant giving ranged from $5K (2020) to $11K (2022). In 2023 it made 3 grants totaling $6K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| The Reach Project College Station, TX | For Programs | $5,000 |
| Morton Arboretum Lisle, IL | For Programs | $500 |
| Association of Women Martial Arts Instru Davis, CA | For Programs | $500 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2023 | $85,483 | $13,450 | $6,674 | $6,000 | 3 | $6,000 | — | $4,018 |
| 2022 | $78,707 | $1,000 | $12,103 | $11,285 | 5 | $11,285 | $1,000 | $4,112 |
| 2021 | $89,809 | $56,523 | $6,166 | $6,164 | 2 | $6,164 | $56,523 | $3,715 |
| 2020 | $39,452 | $620 | $5,764 | $5,295 | 3 | — | $120 | $3,771 |
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.
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.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2023
Live grants for the work Para Family Charitable Foundation Inc funds
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