THE PARACHUTE FOUNDATION
AI Summary
THE PARACHUTE FOUNDATION is a health-focused nonprofit with a mission to support families during early recovery. In filing year 2024, it reported an operating budget of $207.1K and total revenue of $207.9K, with funding from sources including LESLYE H PHILLIPS FAMILY FOUNDATION, THE LUTHER FAMILY FOUNDATION, and EDWARD J PHILLIPS FAMILY FOUNDATION.
Mission Statement
SUPPORT FAMILIES DURING EARLY RECOVERY
Cause Areas
1
Health
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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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- 4 funders
- 4 board & team members
- 3 historic 990s & financials
- 6-year operating budget trend
Frequently Asked Questions
What is THE PARACHUTE FOUNDATION’s budget?
In 2024, THE PARACHUTE FOUNDATION reported an annual operating budget of around $207 thousand. More detailed financial information is available to registered users.
What causes does THE PARACHUTE FOUNDATION support?
THE PARACHUTE FOUNDATION supports work in Health.
Where does THE PARACHUTE FOUNDATION operate?
THE PARACHUTE FOUNDATION is headquartered in Minnetonka, MN.
Who funded THE PARACHUTE FOUNDATION recently?
In 2025, THE PARACHUTE FOUNDATION received grants from AMERICAN ONLINE GIVING FOUNDATION INC, LESLYE H PHILLIPS FAMILY FOUNDATION, and LESLYE H PHILLIPS FAMILY FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant THE PARACHUTE FOUNDATION received in 2024?
The largest grant to THE PARACHUTE FOUNDATION in 2024 exceeds $160 thousand.