Parent Petroleum Foundation
Parent Petroleum Foundation is a private foundation, based in Warrenville, IL. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $1K in total assets. In 2025, it awarded 5 grants totaling $401K.
Parent Petroleum Foundation at a glance
In short: Parent Petroleum Foundation gave $401K across 5 grants in 2025 (avg $80K), mostly in Illinois. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $400,500
- +26.3% vs 2024
- Grants made (2025)
- 5
- -28.6% vs 2024
- Average grant
- $80,100
- +76.8% vs 2024
- Median grant
- $100,000
- Total assets
- $1,041
- -90.0% vs 2024
- Primary geography
- Illinois (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Parent Petroleum Foundation funds
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2025
The largest 2025 recipient was CASA Kane County ($100K). Together the top 5 received $401K.
Grant Size Distribution
26 grants across all recorded years
The most common grant size was in the $50–100K range: 15 grants of 26 (58%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 5 itemized grants.
States
Cities
How Parent Petroleum Foundation gives
- Giving grew 31% from 2022 to 2025. Method
- In 2025 it paid out well above 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 2019 to 2025, annual grant giving ranged from $152K (2020) to $401K (2025). In 2025 it made 5 grants totaling $401K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| CASA Kane County Geneva, IL | General Operations | $100,000 |
| Friends of the Folds of Honor Found Inverness, IL | General Operations | $100,000 |
| Cals Angels St Charles, IL | General Opertaions | $100,000 |
| Livingwell Cancer Resource Center Geneva, IL | General Operations | $100,000 |
| Greater Chicago Food Depository Chicago, IL | General Operations | $500 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Distributable Amount |
|---|---|---|---|---|---|---|---|
| 2025 | $1,041 | $392,515 | $401,913 | $400,500 | 5 | $400,500 | $2,218 |
| 2024 | $10,439 | $307,890 | $320,799 | $317,144 | 7 | $317,144 | $2,262 |
| 2023 | $23,348 | $302,068 | $304,206 | $302,500 | 4 | $302,500 | $3,278 |
| 2022 | $25,486 | $313,083 | $307,650 | $306,000 | 6 | $306,000 | $2,559 |
| 2021 | $20,053 | $284,532 | $276,105 | $270,000 | 4 | $270,000 | $493 |
| 2020 | $11,626 | $159,335 | $153,525 | $152,000 | 4 | — | $246 |
| 2019 | $5,816 | $187,314 | $187,570 | $185,000 | 7 | — | $246 |
Under IRS private-foundation payout rules, Parent Petroleum Foundation reported a distributable amount of $2K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Parent Petroleum Foundation is led by Peter M. Spina, President on every filing since 2019; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Peter M. Spina
President
On filings since 2019
1 hr/week
No compensation reported
Ryan Fuelling
Secretary
On filings since 2019
1 hr/week
No compensation reported
Former officers (1)
- Former: William E. Boylan (2019–2023) — Director
Data from IRS Form 990 filings, 2019–2025. "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 Parent Petroleum Foundation
How much does Parent Petroleum Foundation give each year?
Parent Petroleum Foundation gave $401K across 5 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $317K across 7 grants.
What is Parent Petroleum Foundation's typical grant size?
Parent Petroleum Foundation's median grant in 2025 was $100,000, and its average grant was $80,100, across 5 grants on its 2025 IRS Form 990-PF.
Where does Parent Petroleum Foundation give grants?
Parent Petroleum Foundation gives mostly in Illinois: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Geneva, IL (2 grants).
Does Parent Petroleum Foundation give general operating support?
Yes: 100% of Parent Petroleum Foundation's 2025 grants with a stated purpose (5 of 5) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are Parent Petroleum Foundation's largest grantees?
Parent Petroleum Foundation's largest 2025 grantees include CASA Kane County ($100,000), Friends of the Folds of Honor Found ($100,000) and Cals Angels ($100,000), according to its 2025 IRS Form 990-PF. Together they received 75% of its itemized 2025 grant dollars.
How large is Parent Petroleum Foundation?
Parent Petroleum Foundation reported $1K in total assets on its 2025 IRS Form 990-PF. It paid out $401K in qualifying distributions that year, against a required minimum of $2K (roughly 5% of its investment assets).
What is Parent Petroleum Foundation's EIN?
Parent Petroleum Foundation's EIN (Employer Identification Number) is 82-4836025. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2024 (received by the IRS September 3, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS May 15, 2026)
- Added Form 990-PF for fiscal year 2019 (received by the IRS April 4, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS March 9, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 26, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 9, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 3, 2024)
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