Freund Family Foundation
- Assets
- $985.2k
- Revenue
- $13.2k
- Investments
- $913.1k
- Employees
- 0
- Location
- Po Box Chi, IL
- Founding
- 02/1982
- Data as of
- 12/2022
- EIN
- 36-3157739
Organization Overview
Freund Family Foundation is located in Po Box Chi, IL. The organization was established in 1982. 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. Freund 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 12/2022, Freund Family Foundation generated $13.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (28.9%) each year. All expenses for the organization totaled $57.6k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James P Freund President | 1 | $0 | |
Joshua G Freund Secretary & Treasurer | 1 | $0 | |
Donna R Freund Vice President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $19,237 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$6,043 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $13,194 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $896 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $15 |
| Total operating and administrative expenses | $13,837 |
| Contributions, gifts, grants paid | $43,783 |
| Total expenses and disbursements | $57,620 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $72,109 |
| 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 | $26,317 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $985,247 |
| 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, Freund Family Foundation has awarded $43,783 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
FEMINISTS FOR LIFE OF PURPOSE: GENERAL | $1,358 |
CHOOSE LIFE INC PURPOSE: GENERAL | $830 |
A&A ALEXANDRIA PURPOSE: GENERAL | $725 |
YOSEMITE-WAWONA EDUCATIONAL PURPOSE: GENERAL | $3,476 |
LIVE ACTION PURPOSE: GENERAL | $1,889 |
SAVE THE STORKS PURPOSE: GENERAL | $615 |