In Care of: Alan Papernick

The Papernick Family Foundation is a charitable organization in Pittsburgh, Pennsylvania. In 1994, it received its exempt organization status from the IRS.

The Papernick Family Foundation spent a relatively small amount of money on administrative expenses, like compensation or professional fees, in the fiscal year ending November 2013. 2% of the organization's expenses went towards these types of costs, while 98% went to grants or other contributions to charities. To put this in perspective, the average foundation this size typically spends 22% of its expenses on administrative costs. A low administrative expense ratio indicates that the organization is running efficiently.