Will Ptak Foundation Inc

Foundation · Grantmaker SHEFFIELD VILLAGE, OH EIN: 23-7161341

Agriculture fishing and forestry Human services

Will Ptak Foundation Inc is a private foundation focused on Agriculture, based in SHEFFIELD VILLAGE, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $197K in total assets. In 2024, it awarded 3 grants totaling $9K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$197K

-5.2% YoY

Annual Giving

$9K

Grant Count

Avg Grant Size

$3K

Under IRS private-foundation payout rules, Will Ptak Foundation Inc reported a distributable amount of $9K for 2024 — the minimum it must pay out in qualifying distributions.

About Will Ptak Foundation Inc

Based on IRS filings

Focus Areas

Agriculture fishing and forestry Human services

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Ohio $26K (100%)

States

Ohio

Cities

ClevelandElyriaLorain

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$196,996	$207,709	$209,515
Revenue	$21	$21	$21
Expenses	$10,734	$1,827	$5,136
Qualifying Distributions	$9,778	$825	$5,000
Net Investment Income	—	—	—
Distributable Amount	$9,411	$10,274	$10,568

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

Grant Size Distribution

9 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Second Harvest Food Bank ($4,500), Neighborhood Alliance ($3,500), Legal Aid Society of Cleveland ($1,000).

Recipient	Purpose	Amount
NEIGHBORHOOD ALLIANCE LORAIN, OH	GENERAL USE	$3,500
SECOND HARVEST FOOD BANK LORAIN, OH	GENERAL USE	$4,500
LEGAL AID SOCIETY OF CLEVELAND CLEVELAND, OH	GENERAL USE	$1,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
ROBERT G ZUNICH	PRESIDENT	1	—
MITCHELL P ZUNICH	VICE PRESIDENT	1	—
LAURIE A GATTEN	SECRETARY & TREASURER	1	—

Subject Areas

Focus areas based on grantmaking activity

Agriculture fishing and forestry Human services

Frequently Asked Questions

What is Will Ptak Foundation Inc?

Will Ptak Foundation Inc is a private foundation focused on Agriculture, based in SHEFFIELD VILLAGE, OH. It holds $197K in total assets as of 2024.

How large is Will Ptak Foundation Inc?

As of 2024, Will Ptak Foundation Inc holds $197K in total assets with $21 in annual revenue. It awarded 3 grants totaling $9K in 2024.

Where does Will Ptak Foundation Inc operate?

Will Ptak Foundation Inc has awarded grants in Ohio.

What size grants does Will Ptak Foundation Inc award?

In 2024, Will Ptak Foundation Inc awarded 3 grants totaling $9K — an average of about $3K per grant, based on its IRS Form 990 filings.

How much is Will Ptak Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Will Ptak Foundation Inc reported a distributable amount of $9K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.