Fellowship Foundation Inc
- Assets
- $8.6m
- Revenue
- $9.4m
- Investments
- $0.0
- Employees
- 82
- Location
- Arlington, VA
- Founding
- 01/1949
- Data as of
- 12/2022
- EIN
- 53-0204604
Organization Overview
Fellowship Foundation Inc, operating under the name The International Foundation, is located in Arlington, VA. The organization was established in 1949. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2022, International Foundation employed 82 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International 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, International Foundation generated $9.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (6.8%) each year. All expenses for the organization totaled $9.1m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (6.9%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, International Foundation has awarded 50 individual grants totaling $1,915,035. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO DEVELOP AND MAINTAIN AN INFORMAL ASSOCIATION OF PEOPLE BANDED TOGETHER, TO GO OUT AS "AMBASSADORS OF RECONCILIATION," MODELING THE PRINICPLES OF JESUS, BASED ON LOVING GOD AND LOVING OTHERS. TO WORK WITH THE LEADERS OF MANY NATIONS, AND AS THEIR HEARTS ARE TOUCHED, THE POOR, THE OPPRESSED, THE WIDOWS, AND THE YOUTH OF THEIR COUNTRY WILL BE IMPACTED IN A POSITIVE MANNER. YOUTH GROUPS WILL BE DEVELOPED UNDER THE THOUGHTS OF JESUS, INCLUDING LOVING OTHERS AS YOU WANT TO BE LOVED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DISCIPLESHIP AND LAY MINISTRY: MENTORING AND PARTNERING WITH FRIENDSAROUND THE WORLD: THE FOUNDATION SEEKS TO ENCOURAGE INDIVIDUALS TO INTEGRATE THE PRINCIPLES OF JESUS IN THEIR WORK AND IN THEIR EVERY DAYRELATIONSHIPS. THIS APPLIES WHETHER THEY ARE IN A "ONE ON ONE"MEETING, SMALL GROUP MEETING, OR IN LARGER GATHERINGS.
DISCIPLESHIP AND LAY MINISTRY: MENTORING AND PARTNERING WITH FRIENDSAROUND THE WORLD: THE FOUNDATION SEEKS TO ENCOURAGE INDIVIDUALS TO INTEGRATE THE PRINCIPLES OF JESUS IN THEIR WORK AND IN THEIR EVERY DAYRELATIONSHIPS. THIS APPLIES WHETHER THEY ARE IN A "ONE ON ONE"MEETING, SMALL GROUP MEETING, OR IN LARGER GATHERINGS.
NATIONAL PRAYER BREAKFAST: THE FOUNDATION HELPS PROVIDE LOGISTICSASSISTANCE FOR THE NATIONAL PRAYER BREAKFAST HELD ANNUALLY INWASHINGTON, DC. IT IS WIDELY ATTENDED BY BUSINESS, POLITICAL, ANDSPIRITUAL LEADERS FROM AROUND THE WORLD
NATIONAL PRAYER BREAKFAST: THE FOUNDATION HELPS PROVIDE LOGISTICSASSISTANCE FOR THE NATIONAL PRAYER BREAKFAST HELD ANNUALLY INWASHINGTON, DC. IT IS WIDELY ATTENDED BY BUSINESS, POLITICAL, ANDSPIRITUAL LEADERS FROM AROUND THE WORLD
OPERATION OF FACILITIES FOR MINISTRIES: THE FOUNDATION OWNS ANDOPERATES VARIOUS HOUSES WHICH SERVE TO FACILITATE MINISTRY ACTIVITIESAMONG THE MANY MINISTRIES WHICH ARE PART OF THE INTERNATIONALFOUNDATION. THE PROPERTIES ARE ALSO USED TO HOST PERSONS FROM AROUNDTHE WORLD FOR DISCIPLESHIP AND TRAINING PURPOSES. THE FOUNDATION WORKSWITH MANY OTHER COMMUNITY, CHARITABLE, AND RELIGIOUS ORGANIZATIONS ANDTHE FACILITIES ARE USED TO HELP FACILITATE MEETINGS BETWEENREPRESENTATIVES OF THESE DIVERSE ORGANIZATIONS
OPERATION OF FACILITIES FOR MINISTRIES: THE FOUNDATION OWNS ANDOPERATES VARIOUS HOUSES WHICH SERVE TO FACILITATE MINISTRY ACTIVITIESAMONG THE MANY MINISTRIES WHICH ARE PART OF THE INTERNATIONALFOUNDATION. THE PROPERTIES ARE ALSO USED TO HOST PERSONS FROM AROUNDTHE WORLD FOR DISCIPLESHIP AND TRAINING PURPOSES. THE FOUNDATION WORKSWITH MANY OTHER COMMUNITY, CHARITABLE, AND RELIGIOUS ORGANIZATIONS ANDTHE FACILITIES ARE USED TO HELP FACILITATE MEETINGS BETWEENREPRESENTATIVES OF THESE DIVERSE ORGANIZATIONS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Katherine Crane President | OfficerTrustee | 6 | $0 |
Michael Foster Vice President | OfficerTrustee | 1 | $0 |
Kent Ford Secretary | OfficerTrustee | 1 | $0 |
J Stewart Rawley Treasurer | OfficerTrustee | 1 | $0 |
W Dabbs Cavin Director | Trustee | 1 | $0 |
Justin Corder Director | Trustee | 1 | $0 |
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 | $9,243,481 |
| Noncash contributions included in lines 1a–1f | $42,769 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,243,481 |
| Total Program Service Revenue | $27,075 |
| Investment income | $40,198 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $59,954 |
| Net Rental Income | $9,087 |
| Net Gain/Loss on Asset Sales | -$121 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $9,389,532 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $70,604 |
| Grants and other assistance to domestic individuals. | $96,472 |
| Grants and other assistance to Foreign Orgs/Individuals | $3,271,951 |
| 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 | $3,512,600 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $157,072 |
| Payroll taxes | $175,178 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $500,683 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $121,864 |
| Advertising and promotion | $0 |
| Office expenses | $17,417 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $190,630 |
| Travel | $437,091 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $124,465 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $86,408 |
| Insurance | $50,554 |
| All other expenses | -$19,870 |
| Total functional expenses | $9,101,520 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,977,638 |
| Savings and temporary cash investments | $3,236,957 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $31,841 |
| 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 | $84,579 |
| Net Land, buildings, and equipment | $2,267,580 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,405 |
| Total assets | $8,603,000 |
| Accounts payable and accrued expenses | $1,436,618 |
| Grants payable | $0 |
| Deferred revenue | $162,595 |
| 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 | $0 |
| Total liabilities | $1,599,213 |
| Net assets without donor restrictions | $7,003,787 |
| 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 | $8,603,000 |
Grants Awarded
Over the last fiscal year, Fellowship Foundation Inc has awarded $141,208 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
LIVINGSTONE COMMUNITY CHURCH PURPOSE: SUPPORTIVE MINISTRY | $20,000 |
MT AIRY CENTER PURPOSE: SUPPORTIVE MINISTRY | $29,929 |
STONEWORKS INTERNATIONAL INC PURPOSE: SUPPORTIVE MINISTRY | $15,000 |
NASHVILLE FELLOWS PROGRAM PURPOSE: SUPPORTIVE MINISTRY | $475 |
THE GLOBAL LEADERSHIP PROJECT PURPOSE: SUPPORTIVE MINISTRY | $3,500 |
ONE KINGDOM PURPOSE: SUPPORTIVE MINISTRY | $600 |