SUPPORT FAMILIES DURING EARLY RECOVERY
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$19K
-53.7% YoY
Revenue
$208K
-4.2% YoY
Net Investment Income
$488
-13.8% YoY
Expenses
$230K
+0.5% YoY
About The Parachute Foundation
Based on IRS filings
The Parachute Foundation is a nonprofit organization focused on Health, based in MINNETONKA, MN. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $19K in total assets. Net investment income was $488.
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 | $19,397 | $41,870 | $55,235 |
| Revenue | $207,853 | $216,984 | $277,936 |
| Expenses | $230,326 | $229,202 | $277,507 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $488 | $566 | $250 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
1 grants across all recorded years
Open Grants
2 open opportunities from The Parachute Foundation
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 |
|---|---|---|---|
| PAUL GIEL Jr | PRESIDENT | 35 | $34,850 |
| JOSEPH W HUTTON | SECRETARY | 5 | $15,500 |
| RICK DESLAURIERS | TREASURER | 5 | — |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
Spicola Family Foundation
MINNETONKA, MN
Assets
—
Grants
3
Total Given
$410K
The Geyer Family Foundation
EDINA, MN
Assets
—
Grants
7
Total Given
$35K
Love 4 One Another Charities
CHANHASSEN, MN
Assets
$8.5M
Grants
1
Total Given
$90K
Donald and Luella Zibell Family Foundation
NORTHFIELD, MN
Assets
—
Grants
8
Total Given
$80K
Minnesota Citizens Concerned
MINNEAPOLIS, MN
Assets
$745K
Grants
2
Total Given
$942K
Clearway Minnesota (sm)
MINNEAPOLIS, MN
Assets
—
Grants
6
Total Given
$442K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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