Foe 2224 Charity Fund Inc
- Assets
- $15.3k
- Revenue
- $21.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Medina, OH
- Founding
- 01/2004
- Data as of
- 12/2020
- EIN
- 61-1459872
Organization Overview
Foe 2224 Charity Fund Inc is located in Medina, OH. The organization was established in 2004. According to its NTEE Classification (T30) the organization is classified as: Public 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. Foe 2224 Charity Fund Inc 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 12/2020, Foe 2224 Charity Fund Inc generated $21.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (4.4%) each year. All expenses for the organization totaled $20.8k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (1.4%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Foe 2224 Charity Fund Inc has awarded 96 individual grants totaling $125,403. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED FUNDING FOR 12 VARIOUS LOCAL CHARITIES
PROVIDED FUNDING FOR 12 VARIOUS LOCAL CHARITIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alan Failor Trustee | 1 | $0 | |
Bartholomew Lanchman Secretary | 1 | $0 | |
Russell Kunkler Trustee | 1 | $0 | |
Chris Brooks Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $21,161 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| 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 | $21,161 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $200 |
| Depreciation | $0 |
| Occupancy | $3,895 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,105 |
| Total operating and administrative expenses | $9,575 |
| Contributions, gifts, grants paid | $11,206 |
| Total expenses and disbursements | $20,781 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $15,298 |
| 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 | $15,298 |
| 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, Foe 2224 Charity Fund Inc has awarded $15,712 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
Beavercreek, OH PURPOSE: GENERAL FUND | $2,836 |
Beavercreek, OH PURPOSE: GENERAL FUND | $2,836 |
Medina, OH PURPOSE: GENERAL FUND | $1,000 |
Medina, OH PURPOSE: GENERAL FUND | $1,000 |
Medina, OH PURPOSE: GENERAL FUND | $1,000 |
Medina, OH PURPOSE: GENERAL FUND | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The M S Hershey Foundation Hershey, PA | $64,689,691 | $17,201,612 |
Comerica Charitable Tr Detroit, MI | $75,789,432 | $13,296,605 |
New Albany Community Foundation New Albany, OH | $19,894,351 | $7,914,986 |
Porter County Government Charitable Nonprofit Foundation Inc Valparaiso, IN | $195,277,590 | $7,720,193 |
The Wayne And Joan Webber Foundation Clinton Township, MI | $34,958,708 | $9,275,748 |
United Way Of Greater Stark County Inc Canton, OH | $15,976,372 | $6,358,831 |
American Friends Of Kohelet Policy Forum Philadelphia, PA | $260,078 | $121,500 |
Travis Manion Foundation Doylestown, PA | $7,247,874 | $9,161,709 |
Capital For Good Usa Paoli, PA | $43,024,073 | $25,450,338 |
Licking County Foundation Newark, OH | $148,770,755 | $12,459,784 |
Poise Foundation Pittsburgh, PA | $17,239,498 | $10,674,894 |
Detroit Childrens Fund Detroit, MI | $4,764,612 | $6,678,705 |