Family Foundation
- Assets
- $3.2m
- Revenue
- $2.4m
- Investments
- $0.0
- Employees
- 11
- Location
- Richmond, VA
- Founding
- 01/1986
- Data as of
- 06/2022
- EIN
- 52-1425355
Organization Overview
Family Foundation is located in Richmond, VA. The organization was established in 1986. According to its NTEE Classification (B01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Education and related organizations. As of 06/2022, Family Foundation employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. 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 06/2022, Family Foundation generated $2.4m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 16.6% each year . All expenses for the organization totaled $1.8m during the year ending 06/2022. While expenses have increased by 8.9% per year over the past 6 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE FAMILY FOUNDATION PROVIDES RESEARCH AND EDUCATION ON ISSUES AFFECTING VIRGINIA FAMILIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION PROVIDES RESEARCH AND EDUCATION ON ISSUES AFFECTING THE FAMILY TO MORE THAN 200,000 VIRGINIANS, THE MEDIA, AND ELECTED OFFICIALS. IT PRODUCES REPORTS AND ISSUES BRIEFS ON FAMILY IMPACT ISSUES, HOLDS REGIONAL CITIZEN BRIEFINGS AND TRAINING, BRINGS NATIONAL SPEAKERS TO VIRGINIA TO SPEAK ON FAMILY ISSUES, OPERATES A FULL TIME CONSTITUENT SERVICE OFFICE FOR VIRGINIA FAMILIES AND A CITIZEN RESOURCE LIBRARY.
FOUNDING FREEDOMS LAW CENTER WAS FORMED TO PROVIDE A COUNTERBALANCE TO THREATS AGAINST VIRGINIANS FUNDAMENTAL LIBERTIES, ESPECIALLY THE RIGHT TO LIFE, THE FREEDOM TO PEACEABLY ASSEMBLE, THE FREE EXERCISE OF RELIGION, THE RIGHTS OF CONSCIENCE, AND THE RIGHTS OF PARENTS TO RAISE THEIR CHILDREN CONSISTENT WITH THEIR VALUES. THE LAW CENTER ALSO SERVES AS A CHECK AGAINST OVERREACHING GOVERNMENTS AND TO DEFEND THE INDIVIDUALS AND INSTITUTIONS WHOSE RIGHTS NEED VINDICATING.
THE VIRGINIA PASTOR NETWORK (VPN) IS A MINISTRY ARM OF THE FAMILY FOUNDATION THROUGH WHICH PASTORS CONNECT TO BOTH THE FAMILY FOUNDATION AND OTHER LIKE-MINDED PASTORS. VPN IS DENOMINATIONALLY, REGIONALLY AND ETHNICALLY DIVERSE, ATTEMPTING TO ILLUSTRATE A UNITY IN THE BODY OF CHRIST ON PRO-FAMILY ISSUES. THE VIRGINIA PASTOR NETWORK EXISTS TO SUPPORT AND MINISTER TO PASTORS AS THEY LEAD THEIR CONGREGATION. THROUGH THE VPN, CLERGY CAN RECEIVE RESOURCES SUCH AS SERMON ASSISTANCE (INCLUDING VIDEO AND MANUSCRIPT SUPPORT), CHAPLAIN BLOG, VIDEO CONTENT, BULLETIN INSERTS, VIRGINIA GENERAL ASSEMBLY UPDATE, MINISTRY PULSE: 2-MINUTE PASTOR INTERVIEWS ON VARIOUS TOPICS, AND CULTURE IMPACT TEAMS.
THE FAMILY FOUNDATION EDUCATES AND TRAINS YOUNG PEOPLE. HIGH SCHOOLERS ARE ENCOURAGED TO BECOME A FAMILY FOUNDATION PAGE DURING THE ANNUAL GENERAL ASSEMBLY SESSIONS. AS A PAGE, THESE YOUNG PEOPLE RECEIVE A HANDS-ON CIVIC EDUCATION PAIRED WITH A BIBLICAL WORLDVIEW FRAMEWORK. COLLEGE STUDENTS ARE ENCOURAGED TO APPLY TO OUR SUMMER INTERNSHIP PROGRAM OR ATTEND OUR WORLDVIEW ACADEMY. IN OUR INTERNSHIP, STUDENTS RECEIVE MENTORSHIP IN A NON-PROFIT IN THE AREAS OF GRASSROOTS, MINISTRY, DEVELOPMENT, ADMINISTRATION, POLICY OR SOCIAL MEDIA WHILE LEARNING VIRGINIA GOVERNMENT. INTERNS ALSO PARTICIPATE IN OUR WEEKLY WORLDVIEW ACADEMY THAT HELPS ATTENDEES SECURE A FIRM FOUNDATION OF FAITH IN A HOSTILE CULTURE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Mcfarland Past Chairman | OfficerTrustee | 1 | $0 |
John Disosway Chairman | OfficerTrustee | 3 | $0 |
Chris Meyer Vice Chairman; Law Center Oversight Commitee Chair | Trustee | 1 | $0 |
Dean M Nichols Treasurer; Finance Committee Chairman | OfficerTrustee | 2 | $0 |
Bill Phillips Board Governance Committee Chairman | OfficerTrustee | 1 | $0 |
Sharon Griffin Director | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $261,396 |
| Related organizations | $0 |
| Government grants | $151,100 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,974,318 |
| Noncash contributions included in lines 1a–1f | $51,818 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,386,814 |
| Total Program Service Revenue | $0 |
| Investment income | -$3,524 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $1,200 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,384,490 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $141,306 |
| Compensation of current officers, directors, key employees. | $15,583 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $735,609 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $26,326 |
| Payroll taxes | $61,938 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $56,886 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $21,250 |
| Advertising and promotion | $9,543 |
| Office expenses | $13,244 |
| Information technology | $22,934 |
| Royalties | $0 |
| Occupancy | $32,604 |
| Travel | $24,472 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $30,371 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $101,295 |
| Insurance | $7,414 |
| All other expenses | $172,056 |
| Total functional expenses | $1,783,529 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,090,501 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $159,327 |
| Accounts receivable, net | $26,386 |
| 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 | $47,650 |
| Net Land, buildings, and equipment | $1,858,441 |
| Investments—publicly traded securities | $25,004 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,207,309 |
| Accounts payable and accrued expenses | $69,671 |
| 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 | $318,780 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $388,451 |
| Net assets without donor restrictions | $2,657,002 |
| Net assets with donor restrictions | $161,856 |
| 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 | $3,207,309 |