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 2024.
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
Frequently Asked Questions
What is The Parachute Foundation?
The Parachute Foundation is a nonprofit organization focused on Health, based in MINNETONKA, MN. It holds $19K in total assets as of 2024.
How large is The Parachute Foundation?
As of 2024, The Parachute Foundation holds $19K in total assets with $208K in annual revenue.
Where does The Parachute Foundation operate?
The Parachute Foundation has awarded grants in Minnesota.
What is The Parachute Foundation's EIN?
The Parachute Foundation's EIN (Employer Identification Number) is 84-1767763. IRS Form 990 filing data is available on this page for 2022–2024.
Explore Open Grants
Browse active grant opportunities in The Parachute Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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