Fund 25
- Assets
- $83.3k
- Revenue
- $5.4k
- Investments
- $80.6k
- Employees
- 0
- Location
- Raleigh, NC
- Founding
- 03/2015
- Data as of
- 12/2022
- EIN
- 47-2458563
Organization Overview
Fund 25 is located in Raleigh, NC. 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. Fund 25 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, Fund 25 generated $5.4k 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 (17.4%) each year. All expenses for the organization totaled $118.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Fund 25 has awarded 115 individual grants totaling $1,250,825. 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 |
|---|---|---|---|
Roxanne Saucier President | 0.5 | $0 | |
Nabarun Dasgupta Secretary /t | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $50 |
| Dividends & Interest | $5,520 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$164 |
| Capital Gain Net Income | $726 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $5,406 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $109 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,679 |
| Total operating and administrative expenses | $4,513 |
| Contributions, gifts, grants paid | $114,250 |
| Total expenses and disbursements | $118,763 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,532 |
| 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 | $233 |
| Total assets | $83,329 |
| 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, Fund 25 has awarded $114,250 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
SHAKORI HILLS COMMUNITY ARTS CENTER PURPOSE: GENERAL SUPPORT / MUSIC AND ARTS | $1,000 |
ALDERT ROOT EDUCATIONAL FOUNDATION PURPOSE: GENERAL SUPPOT/EDUCATION | $1,500 |
PROJECT SOUTH PURPOSE: GENERAL SUPPORT/RACIAL JUSTICE | $20,000 |
NATIONAL HARM REDUCTION COALITION PURPOSE: GENERAL SUPPORT/PUBLIC HEALTH | $16,500 |
VERMONT LAND TRUST PURPOSE: GENERAL SUPPORT/ LAND CONSERVATION | $250 |
FORWARD JUSTICE PURPOSE: GENERAL SUPPORT/RACIAL JUSTICE | $75,000 |