Parent Petroleum Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WARRENVILLE, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $10K in total assets. In 2024, it awarded 7 grants totaling $317K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$10K
-55.3% YoY
Annual Giving
$317K
+4.8% YoY
Grant Count
7
+75.0% YoY
Avg Grant Size
$45K
-40.1% YoY
About Parent Petroleum Foundation
Based on IRS filings
Parent Petroleum Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WARRENVILLE, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $10K in total assets. In 2024, it awarded 7 grants totaling $317K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $10,439 | $23,348 | $25,486 |
| Revenue | $307,890 | $302,068 | $313,083 |
| Expenses | $320,799 | $304,206 | $307,650 |
| Qualifying Distributions | $317,144 | $302,500 | $306,000 |
| Net Investment Income | — | — | — |
| Distributable Amount | $2,262 | $3,278 | $2,559 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
25 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PETER M SPINA | PRESIDENT | 1 | — |
| RYAN FUELLING | SECRETARY | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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