Frazier Family Foundation
- Assets
- $959.5k
- Revenue
- $11.3k
- Investments
- $940.5k
- Employees
- 0
- Location
- Lake Orion, MI
- Founding
- 03/2009
- Data as of
- 12/2023
- EIN
- 26-1581543
Organization Overview
Frazier Family Foundation is located in Lake Orion, MI. The organization was established in 2009. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Frazier 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 12/2023, Frazier Family Foundation generated $11.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (21.9%) each year. All expenses for the organization totaled $39.1k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Frazier Family Foundation has awarded 11 individual grants totaling $121,000. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONTRIBUTIONS MADE FOR RELIGIOUS CHARITABLE AND OR EDUCATIONAL PURPOSES
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rick Frazier President Treasuer | 1 | $0 | |
Hannah Frazier Director | 1 | $0 | |
Chloe Frazier Secretary | 1 | $0 | |
Ricky Frazier Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $11,377 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$52 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $11,325 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | -$664 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $246 |
| Total operating and administrative expenses | -$418 |
| Contributions, gifts, grants paid | $39,500 |
| Total expenses and disbursements | $39,082 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $19,015 |
| Savings and temporary cash investments | $0 |
| 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 | $959,495 |
| 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, Frazier Family Foundation has awarded $39,500 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
CITY LIGHT CHURCH PURPOSE: CONTRIBUTION MADE FOR RELIGIOUS CHARITABLE AND OR EDUCATIONAL PURPOSES. | $15,000 |
MERCY SHIP PURPOSE: CONTRIBUTION MADE FRO RELIGIOUS CHARITABLE AND OR EDUCATIONAL PURPOSES | $5,000 |
YOU CAN FREE US PURPOSE: CONTRIBUTION MADE FOR RELIGIOUS CHARITABLE AND OR EDUCATIONAL PURPOSES. | $5,000 |
COMMUNITY CHRISTIAN CHURCH PURPOSE: CONTRIBUTION MADE FOR RELIGIOUS CHARITABLE AND OR EDUCATIONAL PURPOSES. | $14,500 |