Fgi Foundation
- Assets
- $183.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Cleveland, OH
- Founding
- 04/2000
- Data as of
- 06/2022
- EIN
- 34-1916912
Organization Overview
Fgi Foundation is located in Cleveland, OH. The organization was established in 2000. According to its NTEE Classification (X11) the organization is classified as: Single Organization Support, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fgi 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 06/2022, Fgi Foundation generated $33.1k 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 (23.2%) each year. All expenses for the organization totaled $85.4k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (23.7%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Fgi Foundation has awarded 26 individual grants totaling $1,081,000. 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
GRANTS TO 501(C)(3) ORGANIZATIONS MADE TO SUPPORT THE CHARITABLE, EDUCATIONAL, AND RELIGIOUS PURPOSES OF THE JEWISH FEDERATION OF CLEVELAND ("FEDERATION").
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barry Reis Treasurer | 0.2 | $0 | |
Kari Blumenthal Asst. Treasurer | 0.2 | $0 | |
Hedy Milgrom Trustee/secretary | 0.3 | $0 | |
Francine Gordon Trustee/president | 0.3 | $0 | |
Dara Yanowitz Trustee/vice President | 0.3 | $0 | |
Rachel Glickman Trustee | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1,250 |
| Gain or Loss | $31,841 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $33,091 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $2,931 |
| Total expenses | $85,431 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $183,130 |
| Other assets | $0 |
| Total assets | $183,130 |
| Total liabilities | $84,500 |
| Net assets or fund balances | $98,630 |
Grants Awarded
Over the last fiscal year, Fgi Foundation has awarded $115,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
JEWISH FEDERATIONS OF NORTH AMERICA INC PURPOSE: TEVEL B'TZEDEK: GENERAL SUPPORT | $10,000 |
JEWISH COMMUNAL FUND OF NY PURPOSE: DONOR ADVISED FUND SUPPORT | $50,000 |
ZAMIR CHORAL FOUNDATION INC PURPOSE: HAZAMIR ISRAEL | $30,000 |
UNITED JEWISH APPEAL FEDERATION OF JEWISH PHILANTHROPIES OF NY INC PURPOSE: GENERAL SUPPORT | $25,000 |