The Guy Fieri Foundation
- Assets
- $2.9m
- Revenue
- $1.8m
- Investments
- $0.0
- Employees
- 1
- Location
- Petaluma, CA
- Founding
- 03/2011
- Data as of
- 12/2021
- EIN
- 27-3432011
Organization Overview
The Guy Fieri Foundation is located in Petaluma, CA. The organization was established in 2011. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Guy Fieri 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 12/2021, Guy Fieri Foundation generated $1.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 35.5% each year . All expenses for the organization totaled $362.5k during the year ending 12/2021. While expenses have increased by 17.5% per year over the past 7 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 2015, Guy Fieri Foundation has awarded 35 individual grants totaling $894,589. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE FOUNDATION IS TO MAKE A PERMANENT AND POSITIVE CHANGE TO OUR CULTURE BY ENCOURAGING AND EDUCATING YOUNG PEOPLE SO THAT THEY LEARN TO COOK FOR THEMSELVES, THEIR FRIENDS, AND THEIR FAMILY IN ORDER TO ENHANCE THEIR INDEPENDENCE AND SELF-ESTEEM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HELPED CREATE AN EDUCATIONAL ENVIRONMENT THAT ENCOURAGES YOUNG PEOPLE TO LEARN TO COOK FOR THEMSELVES, THEIR FRIENDS, AND THEIR FAMILY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Reid Strathearn CFO | OfficerTrustee | 1 | $0 |
Ron Wargo Secretary | OfficerTrustee | 1 | $0 |
Guy R Fieri CEO | Officer | 1 | $0 |
Riley Lagesen Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,522,918 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,522,918 |
| Total Program Service Revenue | $0 |
| Investment income | $5,327 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $305,312 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,833,557 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $228,094 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $75,000 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,529 |
| Payroll taxes | $5,527 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $116 |
| Advertising and promotion | $15,233 |
| Office expenses | $1,006 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $5,329 |
| Travel | $5,820 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,298 |
| All other expenses | $0 |
| Total functional expenses | $362,460 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $383,389 |
| Savings and temporary cash investments | $1,874 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $2,489,828 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $14,242 |
| Total assets | $2,889,333 |
| Accounts payable and accrued expenses | $72,405 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $72,405 |
| Net assets without donor restrictions | $2,816,928 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,889,333 |
Grants Awarded
Over the last fiscal year, The Guy Fieri Foundation has awarded $223,094 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
MISCELLANEOUS LESS THAN 5000 PURPOSE: PROGRAM SUPPORT | $40,128 |
Sacramento, CA PURPOSE: PROGRAM SUPPORT | $24,000 |
Santa Rosa, CA PURPOSE: PROGRAM SUPPORT | $23,200 |
WINDSOR HIGH SCHOOL PURPOSE: CULINARY ARTS PROGRAM | $22,000 |
PENCILS OF PROMISE PURPOSE: PROGRAM SUPPORT | $20,000 |
Santa Rosa, CA PURPOSE: PROGRAM SUPPORT | $18,000 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that The Guy Fieri Foundation has recieved totaling $35,061.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $20,000 |
Delloakes Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $15,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $61 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Magnolia Educational & Research Foundation Los Angeles, CA | $67,129,472 | $66,230,945 |
Panda Cares Foundation Inc Las Vegas, NV | $37,372,072 | $45,451,718 |
Xq Institute Oakland, CA | $14,589,368 | $51,717,404 |
Room To Read San Francisco, CA | $51,354,748 | $61,954,261 |
South Bay Workforce Investment Board Inc Hawthorne, CA | $7,623,488 | $36,083,167 |
Compass Charter Schools Thousand Oaks, CA | $14,467,036 | $29,961,787 |
New Teacher Center Santa Cruz, CA | $27,814,525 | $27,076,985 |
Alpha Public Schools Inc San Jose, CA | $20,794,542 | $26,321,038 |
Give To Learn To Grow Foundation Culver City, CA | $40,470 | $188,892 |
Live Oak A Learning Center For Children San Francisco, CA | $40,489,721 | $19,594,406 |
Biocomx Dana Point, CA | $308,692 | $15,969,949 |
Open Up Resources Menlo Park, CA | $29,661,554 | $16,279,319 |