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 12/2022, Foe 2224 Charity Fund Inc generated $120.4k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 20.1% each year . All expenses for the organization totaled $107.5k during the year ending 12/2022. While expenses have increased by 21.5% per year over the past 8 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, Foe 2224 Charity Fund Inc has awarded 121 individual grants totaling $209,324. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED FUNDING FOR 16 VARIOUS LOCAL CHARITIES
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Bartholomew Lanchman Secretary | 1 | $0 | |
Chris Brooks Trustee | 1 | $0 | |
Russell Kunkler Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $120,354 |
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 | $120,354 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $0 |
Depreciation | $0 |
Occupancy | $3,895 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $3,029 |
Total operating and administrative expenses | $8,454 |
Contributions, gifts, grants paid | $99,059 |
Total expenses and disbursements | $107,513 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $20,469 |
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 | $20,469 |
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 |
Over the last fiscal year, Foe 2224 Charity Fund Inc has awarded $63,809 in support to 16 organizations.
Grant Recipient | Amount |
---|---|
MEDINA HIGH SCHOOL PURPOSE: GENERAL FUND | $2,500 |
MEDINA CREATIVE HOUSING PURPOSE: GENERAL FUND | $1,000 |
FORCE SPORTS PLAY PURPOSE: GENERAL FUND | $1,000 |
THE VILLAGE NETWORK PURPOSE: GENERAL FUND | $1,200 |
AMERICAN BLIND GOLF PURPOSE: GENERAL FUND | $1,000 |
NEWBRIDGE PLACE PURPOSE: GENERAL FUND | $10,000 |