Friend Of The Fatherless Foundation
- Assets
- $442.3k
- Revenue
- $25.6k
- Investments
- $403.7k
- Employees
- 0
- Location
- Sarasota, FL
- Founding
- 05/2011
- Data as of
- 12/2022
- EIN
- 27-6888664
Organization Overview
Friend Of The Fatherless Foundation is located in Sarasota, FL. The organization was established in 2011. 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. Friend Of The Fatherless 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, Friend Of The Fatherless Foundation generated $25.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (46.5%) each year. All expenses for the organization totaled $259.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Friend Of The Fatherless Foundation has awarded 47 individual grants totaling $6,067,023. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $198 |
| Dividends & Interest | $10,894 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $14,520 |
| Capital Gain Net Income | $14,520 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $25,612 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $316 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,407 |
| Total operating and administrative expenses | $10,153 |
| Contributions, gifts, grants paid | $249,376 |
| Total expenses and disbursements | $259,529 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $36,080 |
| 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 | $258,888 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $2,546 |
| Total assets | $442,324 |
| 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, Friend Of The Fatherless Foundation has awarded $249,376 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
FAMILY LEGACY MISSIONS INTERNATIONA PURPOSE: CHARITABLE | $5,376 |
HOPE FOR THE CHILDREN INTERNATIONAL PURPOSE: CHARITABLE | $184,000 |
VISIBLE MEN ACADEMY PURPOSE: CHARITABLE | $6,000 |
FLORIDA BAPTIST CHILDRENS HOME PURPOSE: CHARITABLE | $24,000 |
JAMES W HUNT MINISTRIES PURPOSE: CHARITABLE | $6,000 |
INTERNATIONAL JUSTICE MISSION PURPOSE: CHARITABLE | $12,000 |