Eugen Friedlaender Foundation Inc
- Assets
- $1.1m
- Revenue
- $29.7k
- Investments
- $805.3k
- Employees
- 0
- Location
- Auburn, ME
- Founding
- 12/1956
- Data as of
- 12/2022
- EIN
- 13-6077311
Organization Overview
Eugen Friedlaender Foundation Inc is located in Auburn, ME. The organization was established in 1956. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Eugen Friedlaender Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Eugen Friedlaender Foundation Inc generated $29.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (4.0%) each year. All expenses for the organization totaled $33.7k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (4.3%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Judith G Friedlaender President/di | 8 | $0 | |
David Currier Secretary | 1 | $0 | |
Gerald Nadeau Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $13,700 |
| Dividends & Interest | $16,915 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$923 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $29,692 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $542 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $2,282 |
| Contributions, gifts, grants paid | $31,371 |
| Total expenses and disbursements | $33,653 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,399 |
| Savings and temporary cash investments | $5,288 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $40,556 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $314,091 |
| Total assets | $1,129,126 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Eugen Friedlaender Foundation Inc has awarded $8,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
FAMILY ICE CENTER PURPOSE: TO SUPPORT THE TAX EXEMPT CHARITABLE ACTIVITY OF THE DONEE ORGANIZATION. | $3,000 |
SIDE X SIDE PURPOSE: TO SUPPORT THE TAX EXEMPT CHARITABLE ACTIVITY OF THE DONEE ORGANIZATION. | $5,000 |