Fm Global Foundation
- Assets
- $30.3m
- Revenue
- $38.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Johnston, RI
- Founding
- 02/1987
- Data as of
- 12/2022
- EIN
- 22-2773230
Organization Overview
Fm Global Foundation is located in Johnston, RI. The organization was established in 1987. According to its NTEE Classification (A34) the organization is classified as: Radio, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. FM Global Foundation 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, FM Global Foundation generated $38.5k 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 (43.4%) each year. All expenses for the organization totaled $7.3m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, FM Global Foundation has awarded 475 individual grants totaling $20,913,216. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Malcolm C Roberts Director Chairman President & CEO | 0.25 | $0 | |
Angie Henderson Moncada Staff Sr. Vice President Marketing | 0.25 | $0 | |
Sanjay Chawla Sr. Vice President Investments | 0.25 | $0 | |
Courtney Mazyck Assistant Vice President Finance | 2 | $0 | |
Andrew S Brooslin Secretary | 0.25 | $0 | |
Denise Hebert Director Vice President | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $38,482 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $38,482 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $397,000 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $144,536 |
| Total operating and administrative expenses | $577,536 |
| Contributions, gifts, grants paid | $6,758,528 |
| Total expenses and disbursements | $7,336,064 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $27,069,500 |
| Savings and temporary cash investments | $3,268,200 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $30,337,700 |
| 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, Fm Global Foundation has awarded $6,758,528 in support to 165 organizations.
| Grant Recipient | Amount |
|---|---|
ALEXANDER COUNTY FIRE MARSHAL OFFICE PURPOSE: CONTRIBUTION PROVIDED | $2,095 |
ADDISON FIRE PROTECTION DISTRICT PURPOSE: CONTRIBUTION PROVIDED | $1,385 |
ALLEN TOWNSHIP FIRE DEPARTMENT PURPOSE: CONTRIBUTION PROVIDED | $3,000 |
AMBRIDGE FIRE DEPARTMENT PURPOSE: CONTRIBUTION PROVIDED | $1,493 |
AMERICAN ONLINE GIVING FOUNDATION PURPOSE: CONTRIBUTION PROVIDED | $2,337,521 |
ARIZONA CITY FIRE DISTRICT PURPOSE: CONTRIBUTION PROVIDED | $3,000 |