Overview
What is Parc Endowment Fund?
The Parc Endowment Fund is a charitable organization situated in St. Petersburg, Florida, at 3190 Tyrone Blvd N. Its primary purpose is to support Parc, Inc., an organization dedicated to offering a comprehensive range of services to children, adolescents, and adults with developmental disabilities. The Endowment Fund achieves this goal by distributing up to 5% of its trust assets' fair market value each year. It furthers Parc, Inc.'s charitable objectives by investing its assets and contributing a portion of the investment returns annually. The Endowment Fund's mission is to strengthen and advance the philanthropic efforts of Parc, Inc. by providing financial resources.
Official website here: www.parc-fl.org
Is Parc Endowment Fund legitimate?
Parc Endowment Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Parc Endowment Fund submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.parc-fl.org
What is the mission statement of Parc Endowment Fund?
The Parc Endowment Fund's mission is to aid in the charitable initiatives of Parc, Inc., an organization that provides a range of services to individuals with developmental disabilities, including children, adolescents, and adults. The Endowment Fund accomplishes its exempt purpose by investing its assets and annually distributing up to 5% of the fund's market value to Parc for its charitable programs. In essence, the Parc Endowment Fund supports and advances the charitable goals and activities of Parc, Inc. by providing financial resources.
Official website here: www.parc-fl.org
Who is the CEO of Parc Endowment Fund?
Michelle Detweiler is the CEO of Parc Endowment Fund The CEO's salary of Parc Endowment Fund is $0 and their total compensation is $190,013.
Official website here: www.parc-fl.org
What is the revenue of Parc Endowment Fund?
Parc Endowment Fund's revenue in 2024 was $393,338.
Official website here: www.parc-fl.org
Who are the executives of Parc Endowment Fund and what are their salaries?
There 1 volunteer at Parc Endowment Fund.
Here are 3 key members and their salaries (Parc Endowment Fund's CEO's salary is $0 and their total compensation is $190,013):
- Compensation: $0
- Related: $177,928
- Other: $12,085
- Compensation: $0
- Related: $135,059
- Other: $19,851
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.parc-fl.org
Where can I find the form 990 for Parc Endowment Fund?
Parc Endowment Fund's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.parc-fl.org
Learn more at the official website: www.parc-fl.org
Mission Statement of Parc Endowment Fund
The Parc Endowment Fund, in its mission, aims to bolster the charitable programs offered by Parc, Inc. This organization serves a diverse range of individuals, including children, adolescents, and adults with developmental disabilities. By investing its assets and distributing up to 5% of the fund's market value annually, the Parc Endowment Fund contributes to the charitable objectives and initiatives of Parc, Inc. This support allows Parc, Inc. to continue providing a comprehensive array of services that cater to the unique needs of these individuals, ultimately furthering their charitable purposes.
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Impact
October, 2024
The Parc Endowment Fund significantly impacts the lives of children, adolescents, and adults with developmental disabilities by providing essential financial support to PARC, Inc. Each year, the fund distributes up to 5% of the fair market value of its trust assets, ensuring that PARC, Inc. can continue to offer a comprehensive array of vital services. This support enables the organization to pursue its mission of empowering individuals with developmental disabilities, enhancing their quality of life, and promoting inclusion within the community. By facilitating access to these critical programs, the Parc Endowment Fund plays a crucial role in fostering a more supportive and understanding environment for those it serves.
This information is meant to be a general summary of Parc Endowment Fund. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $141,740
- Gross Receipts: $2,998,296
Assets and Liabilities:
- Total Assets: $3,981,785
- Total Liabilities: $3,800
- Net Assets: $3,977,985
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Organization Details
Founding Year
1978
Principal Officer
Michelle Detweiler
Website
www.parc-fl.orgNTEE Category
Code: P82I - Human services
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