Pare Foundation Inc

Foundation · Grantmaker Milwaukee, WI EIN: 20-3967234

Pare Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Milwaukee, WI. IRS filing data is available for 2024. As of 2024, the organization holds $499K in total assets. In 2024, it awarded 13 grants totaling $17K. Net investment income was $4K.

Key facts about Pare Foundation Inc

EIN: 20-3967234
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $16,850
Grants made (2024): 13
Average grant: $1,296
Median grant: $1,100
Total assets: $498,600
Primary geography: Wisconsin (79% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Who Pare Foundation Inc funds

By grant dollars, the top recipient states for Pare Foundation Inc's 13 itemized 2024 grants were Wisconsin (79%), Illinois (12%) and Tennessee (9%). The most frequent recipient cities were Milwaukee, WI (5 grants). 100% of grants with a stated purpose were for general or operating support.

How Pare Foundation Inc gives

In 2024 it paid out 134% of its IRS minimum distribution (the 5% rule). Method

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

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$499K

Annual Giving

$17K

Grant Count

Avg Grant Size

$1K

Under IRS private-foundation payout rules, Pare Foundation Inc reported a distributable amount of $22K for 2024 — the minimum it must pay out in qualifying distributions.

About Pare Foundation Inc

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Wisconsin $13K (79%)

Illinois $2K (12%)

Tennessee $2K (9%)

Share of all 13 itemized 2024 grant dollars.

States

Illinois Tennessee Wisconsin

Cities

MilwaukeeBrookfieldEmdenGlendaleGlenviewKnoxvilleMemphisWauwatosaWest Milwaukee

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024
Total Assets	$498,600
Revenue	$4,273
Expenses	$29,338
Qualifying Distributions	$29,318
Net Investment Income	$4,273
Distributable Amount	$21,806

Data update history

When this profile's IRS filing data changed on Grantable

March 1, 2026 IRS filings on file for fiscal year 2024

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Grant Size Distribution

13 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Wisconsin Humane Society ($2,250), Alzheimer Association ($2,000), Just One More Ministry ($1,500).

Recipient	Purpose	Amount
WISCONSIN HUMANE SOCIETY Milwaukee, WI	GENERAL PURPOSE	$2,250
ALZHEIMER ASSOCIATION Milwaukee, WI	GENERAL PURPOSE	$2,000
JUST ONE MORE MINISTRY Glendale, WI	GENERAL PURPOSE	$1,500
MILWAUKEE AREA DOMESTIC ANIMAL CONTROL COMMISSION West Milwaukee, WI	GENERAL PURPOSE	$1,500
SALVATION ARMY Milwaukee, WI	GENERAL PURPOSE	$1,500
ST MARCUS SCHOOL Milwaukee, WI	GENERAL PURPOSE	$1,500
IMPACT 100 GREATER MILWAUKEE Brookfield, WI	GENERAL PURPOSE	$1,100
EMDEN HISTORICAL SOCIETY Emden, IL	GENERAL PURPOSE	$1,000
EVANS SCHOLARS Glenview, IL	GENERAL PURPOSE	$1,000
MILWAUKEE RESCUE MISSION Milwaukee, WI	GENERAL PURPOSE	$1,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

Name	Title	Hours	Compensation
Pamela Erkert	President	1	—
Randall Erkert	VP/Treasurer	1	—
John Devine	Secretary	1	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Pare Foundation Inc?

Pare Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Milwaukee, WI. It holds $499K in total assets as of 2024.

How large is Pare Foundation Inc?

As of 2024, Pare Foundation Inc holds $499K in total assets with $4K in annual revenue. It awarded 13 grants totaling $17K in 2024.

Where does Pare Foundation Inc operate?

Pare Foundation Inc has awarded grants in Illinois, Tennessee, Wisconsin.

What size grants does Pare Foundation Inc award?

In 2024, Pare Foundation Inc awarded 13 grants totaling $17K — an average of about $1K per grant, based on its IRS Form 990 filings.

How much is Pare Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Pare Foundation Inc reported a distributable amount of $22K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.