NonprofitsParachute Foundation

Health Care

Parachute Foundation

MINNETONKA, MN

Total revenue

$208K

Total expenses

$230K

Net assets

$19K

Grants received

$544K

5 grants

EIN

841767763

Tax year

2024

Mission

Support families during early recovery

Financials

FY 2024

Revenue

Contributions & grants$196K
Program service revenue
Investment income$488
Other revenue$12K
Total revenue$208K

Expenses

Grants paid$23K
Salaries & benefits$57K
Fundraising
Other expenses$150K
Total expenses$230K
Total assets$19K
Net assets$19K

People

3 listed

NameRoleCompensation

PAUL GIEL Jr

PRESIDENT

Board

$35K

35 hrs/wk

JOSEPH W HUTTON

SECRETARY

Board

$16K

5 hrs/wk

RICK DESLAURIERS

TREASURER

Board

5 hrs/wk

Grants received

Showing 5 of 5

FromAmountPurposeYear
$160K
PROGRAM SUPPORT
2023
$205K
PROGRAM SUPPORT
2022
$162K
PROGRAM SUPPORT
2020

Funded by

$544K from 3 funders · 5 grants · 2020–2024

Leslye H Phillips Family Foundation

$527K · 3 grants · 2020–2023

Details

EIN841767763
NTEE codeE12
Subsection03
Ruling date2022-05
Formed2019
Employees0
PARACHUTE FOUNDATION — Mission, Financials & Grants Received | Grantivo