PARSIFAL FOUNDATION: Form 990PF, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
PARSIFAL FOUNDATION (EIN 36-4157248)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-07-31
IRS object ID
202502129349100230
Schema version
2024v5.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2025-07-31T18:09:29-07:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN832194821PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Croke Fairchild Duarte & BeresBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1180 N LaSalle St Ste 3400AddressLine1Txt
CityChicagoCityNm
State AbbreviationILStateAbbreviationCd
ZIP60601ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN364157248EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1PARSIFAL FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlPARSBusinessNameControlTxt
Phone3122521500PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1130 Brewster LaneAddressLine1Txt
CityLa Grange ParkCityNm
State AbbreviationILStateAbbreviationCd
ZIP60526ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJames A FletcherPersonNm
Person TitleTrusteePersonTitleTxt
Phone3122521500PhoneNum
Signature2025-05-06SignatureDt
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonAfton L GauronPreparerPersonNm
PTINP01478638PTIN
Phone3126508668PhoneNum
Preparation2025-07-31PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Address ChangeYes (X)AddressChangeInd
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$492,125FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$132InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$132InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$10,969DividendsRevAndExpnssAmt
Dividends Net Invst Incm$10,969DividendsNetInvstIncmAmt
Cap Gain Net Incm Net Invst Incm$0CapGainNetIncmNetInvstIncmAmt
Gross Profit Rev And Expnss$0GrossProfitRevAndExpnssAmt
Other Income Rev And Expnss$2,000OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm$551OtherIncomeNetInvstIncmAmt
Total Rev And Expnss$13,101TotalRevAndExpnssAmt
Total Net Invst Incm$11,652TotalNetInvstIncmAmt
Legal Fees Rev And Expnss$0LegalFeesRevAndExpnssAmt
Accounting Fees Rev And Expnss$0AccountingFeesRevAndExpnssAmt
Other Prof Fees Rev And Expnss$0OtherProfFeesRevAndExpnssAmt
Taxes Rev And Expnss$0TaxesRevAndExpnssAmt
Taxes Net Invst Incm$561TaxesNetInvstIncmAmt
Deprec And Dpltn Rev And Expnss$0DeprecAndDpltnRevAndExpnssAmt
Other Expenses Rev And Expnss$0OtherExpensesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$0TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$561TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$34,500ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$0ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$34,500TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$561TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$0TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$21,399ExcessRevenueOverExpensesAmt
Net Investment Income$11,091NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$28,529SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$7,120SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$7,120SavAndTempCashInvstEOYFMVAmt
Rcvbl From Officers EOY$0RcvblFromOfficersEOYAmt
Other Nts And Loans Rcvbl EOY$0OtherNtsAndLoansRcvblEOYAmt
Corporate Stock BOY$162,446CorporateStockBOYAmt
Corporate Stock EOY$162,249CorporateStockEOYAmt
Corporate Stock EOYFMV$485,005CorporateStockEOYFMVAmt
Land Bldg Investments EOY$0LandBldgInvestmentsEOYAmt
Other Investments EOY$0OtherInvestmentsEOYAmt
Land EOY$0LandEOYAmt
Other Assets BOY$0OtherAssetsBOYAmt
Other Assets EOY$0OtherAssetsEOYAmt
Other Assets EOYFMV$0OtherAssetsEOYFMVAmt
Total Assets BOY$190,975TotalAssetsBOYAmt
Total Assets EOY$169,369TotalAssetsEOYAmt
Total Assets EOYFMV$492,125TotalAssetsEOYFMVAmt
Loans From Officers EOY$0LoansFromOfficersEOYAmt
Mortgages And Notes Payable EOY$0MortgagesAndNotesPayableEOYAmt
Other Liabilities BOY$0OtherLiabilitiesBOYAmt
Other Liabilities EOY$0OtherLiabilitiesEOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Capital Stock BOY$190,975CapitalStockBOYAmt
Capital Stock EOY$169,369CapitalStockEOYAmt
Tot Net Ast Or Fund Balances BOY$190,975TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$169,369TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$190,975TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$169,369TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$190,975TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$21,399ExcessRevenueOverExpensesAmt
Other Increases-$10OtherIncreasesAmt
Subtotal$169,566SubtotalAmt
Other Decreases$197OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$169,369TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$154InvestmentIncomeExciseTaxAmt
Tax Under Section511$0TaxUnderSection511Amt
Subtotal$154SubtotalAmt
Subtitle A Tax$0SubtitleATaxAmt
Tax Based On Investment Income$154TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$0EstimatedPlusOvpmtIncmTxAmt
Extsn Request Income Tax Paid$156ExtsnRequestIncomeTaxPaidAmt
Total Payments And Credits$156TotalPaymentsAndCreditsAmt
Original Return Overpayment-$156OriginalReturnOverpaymentAmt
Overpayment$2OverpaymentAmt
Applied To ES Tax$2AppliedToESTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Form990 T FiledfalseForm990TFiledInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateILOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt
Individual With BooksJames A FletcherIndividualWithBooksNm
Phone3122521500PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1130 Brewster Ln Unit 14AddressLine1Txt
CityLa Grange ParkCityNm
State AbbreviationILStateAbbreviationCd
ZIP60526ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Undistr Incm Sect4942a2 Not AppfalseUndistrIncmSect4942a2NotAppInd
Business HoldingsfalseBusinessHoldingsInd
Excess Business HoldingsfalseExcessBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
James A Fletcher
130 Brewster Ln Unit 14La Grange ParkIL60526Trustee1.00$0$0$0
Margaret G Fletcher
130 Brewster Ln Unit 14La Grange ParkIL60526Trustee1.00$0$0$0
Lesley A Fletcher
130 Brewster Ln Unit 14La Grange ParkIL60526Trustee0.50$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k0OtherEmployeePaidOver50kCnt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt
Contractor Paid Over50k0ContractorPaidOver50kCnt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$502,367AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$34,937AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$537,304TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$537,304AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$8,060CashDeemedCharitableAmt
Net Vl Noncharitable Assets$529,244NetVlNoncharitableAssetsAmt
Minimum Investment Return$26,462MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$26,462MinimumInvestmentReturnAmt
Tax Based On Investment Income$154TaxBasedOnInvestmentIncomeAmt
Total Tax$154TotalTaxAmt
Distributable Before Adj$26,308DistributableBeforeAdjAmt
Distributable Before Ded$26,308DistributableBeforeDedAmt
Distributable As Adjusted$26,308DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$0ExpensesAndContributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$26,308DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$12,700ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$11,500ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$7,500ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$10,500ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$0ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$42,200TotalExcessDistributionCyovAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Remaining Distri From Corpus$0RemainingDistriFromCorpusAmt
Total Corpus$42,200TotalCorpusAmt
Prior Year Undistributed Incm$0PriorYearUndistributedIncmAmt
Taxable1$0Taxable1Amt
Taxable2$0Taxable2Amt
Undistributed Income CY$26,308UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$12,700ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$29,500ExcessDistriCyovToNextYrAmt
Excess From Year4$11,500ExcessFromYear4Amt
Excess From Year3$7,500ExcessFromYear3Amt
Excess From Year2$10,500ExcessFromYear2Amt
Excess From Year1$0ExcessFromYear1Amt
Excess From Current Year$0ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerNoneContributingManagerNm
Shareholder ManagerNoneShareholderManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Application Submission Info ApplicationSubmissionInfoGrp

FieldValueIRS element (for citing)
Recipient PersonJames A FletcherRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1621 Maple StreetAddressLine1Txt
CityHInsdaleCityNm
State AbbreviationILStateAbbreviationCd
ZIP60521ZIPCd
FieldValueIRS element (for citing)
Form And Info And MaterialsN/AFormAndInfoAndMaterialsTxt
Submission DeadlinesN/ASubmissionDeadlinesTxt
Restrictions On AwardsN/ARestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (23 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
Ding Darling Wildlife SocietyFriends of the
PO Box 61249Fort MeyersFL33906PublicCharitable$1,500
Home 2 Home Project
405 Shawmut AveLaGrange ParkIL60525PublicCharitable$1,500
Chicago Coalition Homeless
70 E Lake St Ste 700ChicagoIL60601PublicCharitable$1,500
Environmental Defense Fund
257 Park Ave SNYNY10010PublicCharitable$1,500
Fistula Foundation
1900 The Alameda Ste 500San JoseCA95126PublicCharitable$2,500
Girl Forward
PO Box 597527ChicagoIL60659PublicCharitable$2,500
Bed's Plus
9601 Ogden AveLaGrangeIL60525PublicCharitable$1,500
PMP Research Fdn
6415 Granger RdIndependenceOH44131PublicCharitable$1,500
US Fund for UNICEF
125 Maiden LnNYNY10038PublicCharitable$1,500
Glass Half Full
3935 Louisa StNew OrleansLA70126PublicCharitable$1,500
Louisiana SPCA
1700 Mardi Gras BlvdNew OrleansLA70114PublicCharitable$1,000
Heifer International
1 World AvenueLittle RockAR72202PublicCharitable$1,500
Walworth County Food & Diaper Bank
205 Commerce CourtElkhornWI53121PublicCharitable$1,500
Doctors Without Borders
40 Recor St 16th FloorNew YorkNY10006PublicCharitable$1,000
Westchester Food Pantry
1936 South Maneheim RdWestchesterIL60154PubicCharitable$1,000
Team Rubicon
5230 Pacific Concourse Drive SuiteLos AngelsCA90045PubicCharitable$1,500
World Center Kitchen
PO Bo 96538WashingtonDC200906538PubicCharitable$1,500
Wellness House
131 North County Line RdHinsdaleIL60521PubicCharitable$1,000
Eden Reforestration Project
40960 California Oaks Rd Unit 845MarittaCA92562PubicCharitable$1,500
Mission Blue Foundation
2776 Enterprise Suite 100Orange CityFL32763PubicCharitable$1,500
Clark's Career Foundation
PO Box 725217RoselleIL60172PublicCharitable$1,500
National Organizaton for Rare Disorders
55 Kenosha AvenueDanburyCT06810PublicCharitable$1,500
National Fish and Wildlife Foundation
1133 1st Street NW 11WashingtonDC20005PublicCharitable$1,500
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$34,500TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut$0TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$10,969ExclusionAmt

Other Revenue Described OtherRevenueDescribedGrp

FieldValueIRS element (for citing)
DescotherDesc
Business000000BusinessCd

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$10,969ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$10,969TotalIncomeProducingActyAmt

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp

FieldValueIRS element (for citing)
Line Number8LineNumberTxt
Relationship StatementGain on sale of publicy traded securitiesRelationshipStatementTxt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockSee STMT for Part IIStockNm
EOY Book Value$162,249EOYBookValueAmt
EOYFMV$485,005EOYFMVAmt

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

FieldValueIRS element (for citing)
DescAdjustment to Basis First Energy Corp.Desc
Amt$197Amt

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail (2 entries)

DescDescNet Investment IncomeNetInvestmentIncomeAmtRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt
capital gain dist$551
Uncashed Checks$2,000

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

FieldValueIRS element (for citing)
DescAdjustmentDesc
Amt-$10Amt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

Net Investment IncomeNetInvestmentIncomeAmt
$148
$413

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