Fordi Family Foundation Inc
- Assets
- $1.6m
- Revenue
- $518.8k
- Investments
- $593.7k
- Employees
- 0
- Location
- Annapolis, MD
- Founding
- 02/2015
- Data as of
- 12/2022
- EIN
- 47-1639917
Organization Overview
Fordi Family Foundation Inc is located in Annapolis, MD. The organization was established in 2015. 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. Fordi Family Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2017, Fordi Family Foundation Inc has awarded 132 individual grants totaling $1,492,772. 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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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert G Fordi Director | 0 | $0 | |
Susanna Fordi Director | 0 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Gallagher Evelius And Jones Llp | 12/30/17 | $693 |
Gray Gray And Gray | 12/30/17 | $755 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $507,884 |
| Interest on Savings | $802 |
| Dividends & Interest | $10,080 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $518,766 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $7,884 |
| Contributions, gifts, grants paid | $716,500 |
| Total expenses and disbursements | $724,384 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,024,562 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,618,217 |
| 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, Fordi Family Foundation Inc has awarded $716,500 in support to 30 organizations.
| Grant Recipient | Amount |
|---|---|
MINARY'S DREAM ALLIANCE PURPOSE: TO FOSTER & SUPPORT DONEE'S CHARITABLE MANDATE | $525,000 |
GUNSTON SCHOOL - HERON FUND (WHITE TEAM) PURPOSE: TO FOSTER & SUPPORT DONEE'S CHARITABLE MANDATE | $20,000 |
CHESTER RIVER HEALTH FOUNDATION INC PURPOSE: TO FOSTER & SUPPORT DONEE'S CHARITABLE MANDATE | $2,500 |
SULTANA PROJECTS PURPOSE: TO FOSTER & SUPPORT DONEE'S CHARITABLE MANDATE | $1,500 |
CHESTERTOWN VOL FIRE CO INC PURPOSE: TO FOSTER & SUPPORT DONEE'S CHARITABLE MANDATE | $2,500 |
RADCLIFFE CREEK SCHOOL PURPOSE: TO FOSTER & SUPPORT DONEE'S CHARITABLE MANDATE | $1,500 |