Albregts Family Foundation Inc

Organization Overview

Albregts Family Foundation Inc is located in Queen Creek, AZ. The organization was established in 2018. 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. Albregts Family 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, Albregts Family Foundation Inc generated $42.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (20.0%) each year. All expenses for the organization totaled $32.4k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2018, Albregts Family Foundation Inc has awarded 15 individual grants totaling $101,713. 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.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

ALBREGTS FAMILY FOUNDATION PROVIDES SCHOLARSHIPS TO THE CHILDREN OF DEXTER, APACHE EMPLOYEES BASED ON A CRITERIA SET THROUGH THE SCHOLARSHIP COMMITTEE.


THE FOUNDATION CONTRIBUTED TO WORLD VISION, AN ORGANIZATION THAT PROVIDES CLEAN WATER, HEALRHT CARE AND EDUCATION TO KIDS LIVING IN AFRICA.


THE FOUNDATION PROVIDES DONATIONS TO A RELIGIOUS ORGANIZATION (CATHOLIC CHURCH) TO HELP WITH ANY OF THE CHURCH'S NEEDS.


THE FOUNDATION CONTRIBUTED TO CHILDREN IN CONFLICT FOR THE BENEFIT OF CHILDREN IN NEED OF HUMANITARIAN AID.


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $0
Dividends & Interest $11,702
Net Rental Income$0
Net Gain on Sale of Assets $31,212
Capital Gain Net Income $31,212
Net ST Capital Gain $225
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $42,914

Grants Awarded

Over the last fiscal year, Albregts Family Foundation Inc has awarded $26,006 in support to 4 organizations.

Grant RecipientAmount

ST STEVENS CATHOLIC CHURCH

PURPOSE: GENERAL SUPPORT

$10,000

DEXTER APACHE HOLDINGS

PURPOSE: GENERAL SUPPORT

$10,000

CHILDREN IN CONFLICT

Org PageRecipient Profile

New York, NY

PURPOSE: GENERAL SUPPORT

$5,070

WORLD VISION

PURPOSE: GENERAL SUPPORT

$936
View Grant Profile

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