Fawco Foundation
- Assets
- $759.2k
- Revenue
- $489.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Ann Arbor, MI
- Founding
- 10/1967
- Data as of
- 12/2023
- EIN
- 43-6075073
Organization Overview
Fawco Foundation is located in Ann Arbor, MI. The organization was established in 1967. According to its NTEE Classification (P83) the organization is classified as: Women's Centers, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fawco 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, Fawco Foundation generated $489.0k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 36.2% each year . All expenses for the organization totaled $190.6k during the year ending 12/2023. While expenses have increased by 2.8% per year over the past 5 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE FAWCO FOUNDATION'S SOLE PURPOSE IS TO PUT INTO ACTION FAWCO'S STATED INTEREST IN THE GLOBAL COMMUNITY BY SPECIFICALLY AIDING CHARITABLE, SCIENTIFIC AND EDUCATIONAL PROGRAMS AND SUPPORTING THE RIGHTS OF WOMEN AND CHILDREN THROUGHOUT THE WORLD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATIONAL AWARDS:THE FAWCO FOUNDATION PRESENTS EDUCATIONAL AWARDS TO MEMBERS OF CHILDREN OF INTERNATIONAL AND AMERICAN WOMEN'S CLUBS OVERSEAS WHO ARE, IN TURN, MEMBERS OF THE UMBRELLA ORGANIZATION: FAWCO. RECEIPIENTS ARE CHOSEN AFTER COMPLETING A THOROUGH APPLICATION PROCESS AND SELECTED BY A COMMITTEE BASED ON ACHIEVEMENTS DEPENDING ON THE REQUIREMENTS OF THE AWARD IN QUESTION.
CONFERENCE CHARITY AWARD
DEVELOPMENT GRANTS:THE FAWCO FOUNDATION AWARDS DEVELOPMENT GRANTS TO PROJECTS BY FAWCO MEMBER CLUBS. RECIPIENTS ARE CHOSEN AFTER COMPLETING A THOROUGH APPLICATION PROCESS AND ALL NOMINATED PROJECTS UNDERGO A VIGOROUS REVIEW. THE RECIPIENTS ARE SELECTED BASED ON A VOTE BY THE FAWCO MEMBER CLUBS AS OUTLINED IN THE FAWCO FOUNDATION ADMINISTRATIVE GUIDELINES.
TARGET PROJECT:FAWCO, THE FAWCO FOUNDATION AND ITS MEMBER CLUBS RAISE MONEY FOR A SPECIFIC TARGET PROJECT SUPPORTING ONE OF THE FOUR AREAS OF INTEREST - HUMAN RIGHTS, ENVIRONMENT, HEALTH AND EDUCATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Janet Davis President | OfficerTrustee | 15 | $0 |
Barbara Buhling Parliamentarian | Trustee | 2 | $0 |
Myra Hollie Nielsen Secretary | OfficerTrustee | 5 | $0 |
Wendy Leyland Treasurer | OfficerTrustee | 15 | $0 |
Angela Aebersold VP Of Fundraising | OfficerTrustee | 15 | $0 |
Christine Riney VP Of Programs | OfficerTrustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $9,713 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $433,083 |
| Noncash contributions included in lines 1a–1f | $53 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $442,796 |
| Total Program Service Revenue | $5,199 |
| Investment income | $8,223 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $32,561 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $489,036 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $19,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $140,000 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,023 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $836 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $0 |
| All other expenses | $1,658 |
| Total functional expenses | $190,571 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $131,836 |
| Savings and temporary cash investments | $235,679 |
| 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 | $391,721 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $759,236 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $293,353 |
| Net assets with donor restrictions | $465,883 |
| 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 | $759,236 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Womens Resource Center Of Northern Michigan Petoskey, MI | $8,005,045 | $4,332,525 |
Womens Recovery Center Cleveland, OH | $1,251,981 | $771,428 |
New Directions Career Center Columbus, OH | $1,076,497 | $942,293 |
Womens Network Inc Battle Creek, MI | $146,151 | $521,170 |
Stepping Stone Shelter For Women Incorporated Michigan City, IN | $1,230,656 | $520,208 |
Hagar House Incorporated Wausau, WI | $1,331,551 | $678,009 |
Elijah Haven Crisis Intervention Center Inc Lagrange, IN | $65,797 | $210,453 |
Sojourn House Stinesville, IN | $448,893 | $0 |
New Life Clinic Wilmington, OH | $725,513 | $220,346 |
Fawco Foundation Ann Arbor, MI | $759,236 | $489,036 |
Alpha Womens Center Of Lowell Lowell, MI | $246,561 | $209,181 |
Haven Homes Of Detroit Centreville, MI | $324,845 | $281,870 |
Maxcen Housing Society Inc Ohio Branch Euclid, OH | $64,817 | $64,817 |
Houchens-Eloise B Houchens Center For Women Inc Tr Milwaukee, WI | $247,301 | -$1,177 |
Women A New Inc Amherst, OH | $6,387 | $16,598 |
Project 2 Birmingham, MI | $6,843 | $0 |
Womens Welsh Clubs Of America Rocky River, OH | $0 | $0 |