Carl Frohm Memorial Foundation
- Assets
- $2.2m
- Revenue
- $142.1k
- Investments
- $2.2m
- Employees
- 0
- Location
- Omaha, NE
- Founding
- 02/1980
- Data as of
- 12/2022
- EIN
- 47-0607603
Organization Overview
Carl Frohm Memorial Foundation is located in Omaha, NE. The organization was established in 1980. 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. Carl Frohm Memorial 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, Carl Frohm Memorial Foundation generated $142.1k 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 (4.3%) each year. All expenses for the organization totaled $187.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Carl Frohm Memorial Foundation has awarded 84 individual grants totaling $790,146. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathy Mcgauvran Trustee | 2 | $4,500 | |
Harold Mann Co-Trustee | 2 | $4,500 | |
Linda Z Mann Co-Trustee | 2 | $4,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1 |
| Dividends & Interest | $45,840 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $96,229 |
| Capital Gain Net Income | $96,229 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $142,070 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $13,500 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,400 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $40,536 |
| Contributions, gifts, grants paid | $146,511 |
| Total expenses and disbursements | $187,047 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,000 |
| 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 | $606,755 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $3,510 |
| Total assets | $2,247,085 |
| 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, Carl Frohm Memorial Foundation has awarded $146,511 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
JEWISH FEDERATION OF LINCOLN PURPOSE: COLLEGE EDUCATION FUND | $11,000 |
TEMPLE KOL AMI SYNAGOGUE PURPOSE: GENERAL OPERATING | $3,500 |
LOVE PURPOSE: GENERAL OPERATING | $1,000 |
BETH EL SYNAGOGUE PURPOSE: GENERAL OPERATING | $1,000 |
JEWISH COMMUNITY CENTER PURPOSE: JEWISH FEDERATION OF AMERICA | $5,000 |
NATIONAL JEWISH HISTORICAL SOCIETY PURPOSE: GENERAL OPERATING | $15,000 |