Pare Foundation Inc

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.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$499K

Annual Giving

$17K

Grant Count

13

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

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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Cities

BrookfieldEmdenGlendaleGlenviewKnoxvilleMemphisMilwaukeeWauwatosaWest Milwaukee

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$8K$16K$24K$32K2024
Metric2024
Total Assets$498,600
Revenue$4,273
Expenses$29,338
Qualifying Distributions$29,318
Net Investment Income$4,273
Distributable Amount$21,806

Giving Over Time

Total grant dollars and number of grants per year

$0$4K$8K$13K$17K13 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

WISCONSIN HUMANE SOCIETY$2KALZHEIMER ASSOCIATION$2KJUST ONE MORE MINISTRY$2KMILWAUKEE AREA DOMESTIC …$2KSALVATION ARMY$2KST MARCUS SCHOOL$2KIMPACT 100 GREATER MILWA…$1KEMDEN HISTORICAL SOCIETY$1KEVANS SCHOLARS$1KMILWAUKEE RESCUE MISSION$1K

Grant Size Distribution

13 grants across all recorded years

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

Giving History

Grant recipients and amounts by year

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

RecipientPurposeAmount
ALZHEIMER ASSOCIATION MILWAUKEE, WIGENERAL PURPOSE$2,000
EMDEN HISTORICAL SOCIETY EMDEN, ILGENERAL PURPOSE$1,000
EVANS SCHOLARS GLENVIEW, ILGENERAL PURPOSE$1,000
IMPACT 100 GREATER MILWAUKEE BROOKFIELD, WIGENERAL PURPOSE$1,100
JUST ONE MORE MINISTRY GLENDALE, WIGENERAL PURPOSE$1,500
MILWAUKEE AREA DOMESTIC ANIMAL CONTROL COMMISSION WEST MILWAUKEE, WIGENERAL PURPOSE$1,500
MILWAUKEE RESCUE MISSION MILWAUKEE, WIGENERAL PURPOSE$1,000
RONALD MCDONALD HOUSE OF EASTERN WISCONSIN WAUWATOSA, WIGENERAL PURPOSE$1,000
SALVATION ARMY MILWAUKEE, WIGENERAL PURPOSE$1,500
SPECIAL SPACES KNOXVILLE, TNGENERAL PURPOSE$750

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
PAMELA ERKERTPRESIDENT1
RANDALL ERKERTVP/TREASURER1
JOHN DEVINESECRETARY1

Subject Areas

Focus areas based on grantmaking activity

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.

What is Pare Foundation Inc's EIN?

Pare Foundation Inc's EIN (Employer Identification Number) is 20-3967234. IRS Form 990 filing data is available on this page for 2024.

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

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