Falkner Family Foundation
- Assets
- $1.1m
- Revenue
- $115.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Alameda, CA
- Founding
- 09/2008
- Data as of
- 06/2024
- EIN
- 26-0508369
Organization Overview
Falkner Family Foundation is located in Alameda, CA. The organization was established in 2008. According to its NTEE Classification (L21) the organization is classified as: Low-Income & Subsidized Rental Housing, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Falkner Family 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 06/2024, Falkner Family Foundation generated $115.1k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 10.3% each year . All expenses for the organization totaled $154.7k during the year ending 06/2024. While expenses have increased by 11.3% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Falkner Family Foundation has awarded 24 individual grants totaling $322,706. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION CONTINUES TO SUPPORT THE PROPAGATION OF THE CATHOLIC FAITH THROUGH SCHOLARSHIPS AND FINACIAL SUPPORT OF RELIGIOUS EVENTS AND GROUPS. IN ADDITION IT SUPPORTS OTHER CHARITIES AND CHARITABLE EVENTS WITH FINANCIAL AND VOLUNTEER LABOR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Greg Falkner Trustee | 3 | $0 | |
Maria Falkner Trustee | 5 | $12,000 | |
Susan Snyder Trustee | 1 | $0 | |
Liz Crocker Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,700 |
| Interest on Savings | $80,118 |
| Dividends & Interest | $0 |
| Net Rental Income | $13,296 |
| 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 | $115,080 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $12,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $4,049 |
| Interest | $0 |
| Taxes | $2,652 |
| Depreciation | $13,363 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $12,225 |
| Printing and publications | $0 |
| Other expenses | $15,923 |
| Total operating and administrative expenses | $63,104 |
| Contributions, gifts, grants paid | $91,642 |
| Total expenses and disbursements | $154,746 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $75,105 |
| Net Accounts receivable | $705,570 |
| 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 | $317,307 |
| Other assets | $0 |
| Total assets | $1,097,982 |
| Accounts payable and accrued expenses | $17 |
| 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 | $17 |
Grants Awarded
Over the last fiscal year, Falkner Family Foundation has awarded $91,642 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
DUBLIN HIGH SCHOOL PURPOSE: YOUTH EMPOWERMENT | $9,000 |
CAMP BUTANO PURPOSE: YOUTH EMPOWERMENT | $5,000 |
HART OF FOLSOM PURPOSE: COMMUNITY ASST. OF HOMELESS PROPLE | $5,000 |
VARIOUS CHARITIES ALL UNDER 5K PURPOSE: CHARITABLE | $72,642 |