Growing More Opportunities Foundation
- Assets
- $1.7m
- Revenue
- $37.9k
- Investments
- $1.7m
- Employees
- 0
- Location
- St Louis, MO
- Founding
- 01/2017
- Data as of
- 12/2022
- EIN
- 81-2839934
Organization Overview
Growing More Opportunities Foundation is located in St Louis, MO. The organization was established in 2017. 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. Growing More Opportunities 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, Growing More Opportunities Foundation generated $37.9k 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 (45.0%) each year. All expenses for the organization totaled $57.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Growing More Opportunities Foundation has awarded 55 individual grants totaling $468,500. 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 |
|---|---|---|---|
Robert T Fraley Trustee | 1 | $0 | |
Laura L Fraley Trustee | 1 | $0 | |
Steven P Fraley Trustee | 1 | $0 | |
Devin R Fraley Trustee | 1 | $0 | |
Katherine E Fraley Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $42,649 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$4,768 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $37,881 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,438 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $5,984 |
| Contributions, gifts, grants paid | $51,500 |
| Total expenses and disbursements | $57,484 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $33,608 |
| 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 | $1,628,301 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,695,343 |
| 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, Growing More Opportunities Foundation has awarded $51,500 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
ALZHEIMERS ASSOCIATION PURPOSE: 2022 DONATION | $15,000 |
FOSTER AND ADOPTIVE CARE COALITION PURPOSE: 2022 DONATION | $8,500 |
ALLIANCE FOR SCIENCE PURPOSE: 2022 DONATION | $8,500 |
OLLIE HINKLE HEART FOUNDATION PURPOSE: 2022 DONATION | $8,500 |
MICHAEL J FOX FOUNDATION PURPOSE: 2022 DONATION | $8,500 |
PEDAL THE CAUSE PURPOSE: 2022 DONATION | $2,500 |