Frazier Foundation Inc
- Assets
- $4.3m
- Revenue
- $749.2k
- Investments
- $4.2m
- Employees
- 0
- Location
- Minden, LA
- Founding
- 03/1975
- Data as of
- 12/2021
- EIN
- 72-0760891
Organization Overview
Frazier Foundation Inc is located in Minden, LA. The organization was established in 1975. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Frazier Foundation 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 12/2021, Frazier Foundation Inc generated $749.2k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 10.8% each year . All expenses for the organization totaled $609.0k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS - EDUCATION - OPERATIONS 9 ENTITIES
GRANTS - OTHERS - OPERATIONS 7 ENTITIES
GRANTS - CHURCHES OF CHRIST - OPERATIONS 8 ENTITIES
GRANTS - CHILD CARE - OPERATIONS 2 ENTITIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James W Frazier Jr President | 0 | $0 | |
Allan Hewett Vice Preside | 0 | $0 | |
Karl Gschiedle Treasurer | 0 | $0 | |
Jamey Frazier Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $14,000 |
| Interest on Savings | $22,238 |
| Dividends & Interest | $58,873 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $280,805 |
| Capital Gain Net Income | $280,805 |
| Net ST Capital Gain | $33,081 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $373,330 |
| Total Revenue | $749,246 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $47,989 |
| Depreciation | $234 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $71,822 |
| Total operating and administrative expenses | $120,045 |
| Contributions, gifts, grants paid | $488,975 |
| Total expenses and disbursements | $609,020 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $144,028 |
| 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 | $1,101 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,342,046 |
| 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 |
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