Fmi Foundation
- Assets
- $12.6m
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 0
- Location
- Arlington, VA
- Founding
- 12/1996
- Data as of
- 12/2021
- EIN
- 52-1970352
Organization Overview
Fmi Foundation is located in Arlington, VA. The organization was established in 1996. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Fmi 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 12/2021, Fmi Foundation generated $1.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.1% each year. All expenses for the organization totaled $948.8k during the year ending 12/2021. While expenses have increased by 4.4% per year over the past 7 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.
Since 2014, Fmi Foundation has awarded 42 individual grants totaling $1,161,667. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE SUPPORT TO THE FOOD INDUSTRY'S IMPORTANT FOOD SAFETY, NUTRITION AND HEALTH PROGRAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION'S GRANT PROGRAMS FOCUS ON CONSUMERS, STORE ASSOCIATES AND OTHER WORKERS, AS WELL AS FOOD SUPPLIERS TO ADVANCE NUTRITION, HEALTH AND FOOD SAFETY. THROUGH INTERACTION WITH THE NON-PROFIT PARTNERSHIP FOR FOOD SAFETY EDUCATION, RESOURCES FROM THE FOUNDATION HAVE ENABLED THE PARTNERSHIP TO DEVELOP THE ONLY PUBLIC-PRIVATE COLLABORATIVE THAT FOCUSES EXCLUSIVELY ON THE PREVENTION OF FOODBORNE ILLNESS AT THE POINT OF CONSUMER HANDLING AND PREPARATION IN THE HOME. THE FOUNDATION ALSO GAVE GRANTS AND PAID OTHER EXPENSES RELATED TO THE UNIFIED VOICE PROTOCOL WHICH ESTABLISHES A FRAMEWORK TO PROACTIVELY CREATE AN ENVIRONMENT OF TRUST IN THE FOOD AND CONSUMER GOODS INDUSTRIES.THE FOUNDATION STARTED THE FAMILY MEALS CAMPAIGN TO ENCOURAGE ONE MORE MEAL AT HOME EACH WEEK. FAMILY MEALS EATEN AT HOME HAVE PROVEN TO BENEFIT THE HEALTH AND WELLNESS OF CHILDREN AND ADOLESCENTS, TO FIGHT OBESITY, SUBSTANCE ABUSE AND TO MAKE FAMILIES STRONGER. THE FOUNDATION IS PROVIDING ONLINE TOOLKITS THAT RETAILERS AND SUPPLIERS CAN USE TO PROMOTE FAMILY MEALS. THE TOOLKIT INCLUDES, RECIPES, PLANNING SUGGESTIONS, RECIPE LISTS AND MESSAGING ABOUT THE BENEFITS OF FAMILY MEALS.THE FOUNDATION PROVIDED SCHOLARSHIPS AND FUNDING TO UNIVERSITY SCIENCE PROGRAMS TO PROMOTE TRAINING FOR AUDITORS IN FOOD SAFETY IN AN ACCREDITED CERTIFICATION PROGRAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brad Wbrookshire Chair | OfficerTrustee | 1 | $0 |
Leslie G Sarasin ESQ President | Officer | 1 | $0 |
Salvatore J Dicarlo Cfo/treasurer | Officer | 1 | $0 |
David Fikes Senior Vp/secretary | Officer | 19 | $0 |
Dagmar Boggs Trustee | Trustee | 1 | $0 |
Brent Cotten Trustee | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
The Ginger Network Llc Marketing And Communications | 12/30/20 | $205,361 |
O'keefe Communications Llc Media And Event Production | 12/30/20 | $133,780 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $510,621 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $510,621 |
| Total Program Service Revenue | $0 |
| Investment income | $226,487 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,005,968 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,743,076 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $165,000 |
| Grants and other assistance to domestic individuals. | $45,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| 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 | $7,153 |
| Fees for services: Accounting | $10,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $106,212 |
| Fees for services: Other | $123,220 |
| Advertising and promotion | $2,080 |
| Office expenses | $964 |
| Information technology | $794 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $42 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $56,600 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $9,431 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $948,753 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $317,930 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $47,500 |
| 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 | $513 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $12,271,073 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $12,637,016 |
| Accounts payable and accrued expenses | $107,119 |
| Grants payable | $0 |
| Deferred revenue | $137,500 |
| 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 | $44,929 |
| Total liabilities | $289,548 |
| Net assets without donor restrictions | $12,347,468 |
| Net assets with donor restrictions | $0 |
| 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 | $12,637,016 |
Grants Awarded
Over the last fiscal year, Fmi Foundation has awarded $165,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
Arlington, VA PURPOSE: RESOURCE DATA ON TRENDS IN FAMILY MEALS AND SUPPORT FOR SUSTAINABILITY PLAYBOOK GUIDE | $45,000 |
Austin, TX PURPOSE: PROMOTION OF FAMILY MEALS PROGRAM | $25,000 |
Portage, MI PURPOSE: SUPPORT OF IFPTI'S FELLOWSHIP IN FOOD PROTECTION PROGRAM | $25,000 |
Arlington, VA PURPOSE: CONSUMER FOOD SAFETY INITIATIVES THAT REDUCE FOODBOURNE ILLNESSES | $25,000 |
Washington, DC PURPOSE: GENERAL SUPPORT OF ALL PROGRAMS | $25,000 |
East Lansing, MI PURPOSE: RESEARCH ON US CONSUMER BELIEFS, KNOWLEDGE, UNDERSTANDING AND WILLINGNESS TO PAY FOR GENE-EDITED FOODS | $20,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Fmi Foundation has recieved totaling $4,000.
| Awarding Organization | Amount |
|---|---|
Neil Jane William Estelle Golub Family Foundation Inc Schenectady, NY PURPOSE: UNRESTRICTED | $2,500 |
Ball Family Charitable Foundation Kansas City, KS PURPOSE: GENERAL SUPPORT | $1,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Morris And Gwendolyn Cafritz Foundation Washington, DC | $0 | $65,532,545 |
Burroughs Wellcome Fund Research Triangle Park, NC | $946,804,754 | $86,337,046 |
Dollywood Foundation Pigeon Forge, TN | $23,282,143 | $42,750,755 |
Sherman Fairchild Foundation Inc Chevy Chase, MD | $608,781,139 | $70,437,193 |
Blue Cross And Blue Shield Of North Carolina Foundation Durham, NC | $253,862,813 | $27,558,288 |
Tennessee Health Foundation Inc Chattanooga, TN | $243,056,353 | $3,261,329 |
Assisi Foundation Of Memphis Inc Memphis, TN | $238,137,134 | $32,851,811 |
Commonwealth Foundations Richmond, VA | $819,010 | $12,460,000 |
Brown-Forman Foundation Louisville, KY | $0 | $24,207,060 |
Carmax Foundation Richmond, VA | $6,340,369 | $9,797,991 |
Ingersoll-Rand Charitable Foundation Davidson, NC | $949,422 | $5,202,263 |
Teleios Collaborative Network Flat Rock, NC | $1,937,761 | $5,692,077 |