Fnnb Foundation
- Assets
- $34.1k
- Revenue
- $20.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Newton, IA
- Founding
- 09/2002
- Data as of
- 12/2022
- EIN
- 68-0512765
Organization Overview
Fnnb Foundation is located in Newton, IA. The organization was established in 2002. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fnnb 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, Fnnb Foundation generated $20.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.3%) each year. All expenses for the organization totaled $21.1k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (6.1%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Fnnb Foundation has awarded 136 individual grants totaling $189,663. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gary S Kahn Director | 0.2 | $0 | |
Jane B Kahn Director | 0.2 | $0 | |
Robert M Kahn Director | 0.2 | $0 | |
Chris Herbold Director | 0.2 | $0 | |
James E Willemsen Director | 0.2 | $0 | |
Chad E Klein Director | 0.2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $20,000 |
| 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 | $20,000 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $202 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $250 |
| Total operating and administrative expenses | $2,069 |
| Contributions, gifts, grants paid | $19,000 |
| Total expenses and disbursements | $21,069 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $34,075 |
| Savings and temporary cash investments | $0 |
| 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 | $34,075 |
| 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, Fnnb Foundation has awarded $19,000 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
CITY OF NEWTON IOWA PURPOSE: NEWTON CLASSIC | $1,500 |
JASPER COUNTY CONSERVATION BOARD PURPOSE: GENERAL BUDGET | $1,000 |
JASPER COMMUNITY FOUNDATION PURPOSE: ST NICKS CHRISTMAS CLUB FOR NEEDY CHILDREN | $200 |
JASPER COUNTY IOWA PURPOSE: COURT HOUSE LIGHTING FUND | $500 |
JASPER COUNTY HISTORICAL MUSEUM PURPOSE: GENERAL BUDGET | $500 |
MERCY ONE FOUNDATION PURPOSE: GENERAL BUDGET | $1,200 |