The Fraentzel Foundation
- Assets
- $650.9k
- Revenue
- $19.7k
- Investments
- $643.4k
- Employees
- 0
- Location
- Maplewood, NJ
- Founding
- 06/1970
- Data as of
- 11/2023
- EIN
- 23-7052593
Organization Overview
The Fraentzel Foundation is located in Maplewood, NJ. The organization was established in 1970. 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. Fraentzel 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 11/2023, Fraentzel Foundation generated $19.7k 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 (7.9%) each year. All expenses for the organization totaled $54.0k during the year ending 11/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Fraentzel Foundation has awarded 55 individual grants totaling $193,325. 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 |
|---|---|---|---|
Audrey Rowe President | 1 | $0 | |
Anisa Mehdi Secretary | 1 | $0 | |
John James Treasurer | 1 | $0 | |
Tricia Tunstall Vice Pres. | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $29 |
| Dividends & Interest | $21,764 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$2,090 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $2 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $19,703 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $600 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $9,022 |
| Contributions, gifts, grants paid | $45,000 |
| Total expenses and disbursements | $54,022 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $717 |
| Savings and temporary cash investments | $6,727 |
| 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 | $650,881 |
| 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, The Fraentzel Foundation has awarded $45,000 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
DURAND-HEDDENHOUSE&GARDEN PURPOSE: OPERATIONAL | $2,000 |
MAPLEWOODSOUTH ORANGE RESCUE SQUAD PURPOSE: OPERATIONAL | $3,500 |
MORROW MEMORIAL UNITED METHODIST PURPOSE: OPERATIONAL | $3,000 |
MAPLEWOOD MEMORIAL LIBRARY PURPOSE: OPERATIONAL-LIBRARY CAPITAL CAMPAIGN | $5,750 |
SO MOUNTAIN BRANCH YMCA PURPOSE: OPERATIONAL | $3,750 |
RENT PARTY PANTRY INC PURPOSE: OPERATIONAL | $2,250 |