Alfandre Family Foundation Inc
- Assets
- $804.2k
- Revenue
- $127.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Kensington, MD
- Founding
- 07/2018
- Data as of
- 12/2023
- EIN
- 82-2473788
Organization Overview
Alfandre Family Foundation Inc is located in Kensington, MD. 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. Alfandre 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 12/2023, Alfandre Family Foundation Inc generated $127.5k 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 (25.0%) each year. All expenses for the organization totaled $184.4k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2022, Alfandre Family Foundation Inc has awarded 18 individual grants totaling $200,000. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph L Alfandre Sr President | 1 | $0 | |
Sue F Alfandre Vice-Preside | 1 | $0 | |
Alsion Alfandre Board Member | 0 | $0 | |
Daniel F Alfandre Board Member | 0 | $0 | |
Stephen H Alfandre Board Member | 0 | $0 | |
James L Alfandre Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $126,667 |
| Interest on Savings | $808 |
| 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 | $127,475 |
| 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 | $0 |
| Travel, conferences, and meetings | $13,532 |
| Printing and publications | $0 |
| Other expenses | $3,670 |
| Total operating and administrative expenses | $19,366 |
| Contributions, gifts, grants paid | $165,000 |
| Total expenses and disbursements | $184,366 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $804,202 |
| 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 | $804,202 |
| 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, Alfandre Family Foundation Inc has awarded $165,000 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
A WIDER CIRCLE PURPOSE: SOCIAL SERVICE | $5,000 |
CATHOLIC CHARITIES PURPOSE: FINANCIAL ASSISTANCE | $5,000 |
CENTRAL CALIFORNIA FOOD BANK PURPOSE: FOOD BANK | $3,000 |
EQUAL JUSTICE INITIATIVE PURPOSE: JUSTICE FOR WRONGFULLY CONVICTED | $5,000 |
HOUSE OF RUTH MARYLAND PURPOSE: SOCIAL SERVICES | $5,000 |
EVERYTOWN FOR GUN SAFETY FUND PURPOSE: GUN SAFETY | $5,000 |