First Financial Foundation
- Assets
- $28.3k
- Revenue
- $9.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Cincinnati, OH
- Founding
- 08/2018
- Data as of
- 12/2022
- EIN
- 82-3823145
Organization Overview
First Financial Foundation is located in Cincinnati, OH. 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. First Financial 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, First Financial Foundation generated $9.5k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (0.5%) each year. All expenses for the organization totaled $3.3m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, First Financial Foundation has awarded 454 individual grants totaling $17,602,923. 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 |
|---|---|---|---|
Roddell Mccullough Secretary/director | 0 | $0 | |
Karen B Woods Treasurer/director | 0 | $0 | |
Archie Brown President/chair | 0 | $0 | |
Jamie Anderson Director | 0 | $0 | |
Mandy Neeley Director | 0 | $0 | |
Rick Dennen Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $3,152 |
| Interest on Savings | $6,337 |
| 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 | $9,489 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $27 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $225 |
| Total operating and administrative expenses | $252 |
| Contributions, gifts, grants paid | $3,250,482 |
| Total expenses and disbursements | $3,250,734 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $28,258 |
| 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 | $28,258 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $3,539,999 |
| 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 | $3,539,999 |
Grants Awarded
Over the last fiscal year, First Financial Foundation has awarded $4,258,815 in support to 83 organizations.
| Grant Recipient | Amount |
|---|---|
MARIAN UNIVERSITY PURPOSE: STUDENT SCHOLARSHIP FUNDING | $10,000 |
DECATUR COUNTY FAMILY YMCA PURPOSE: 4 YEAR COMMITMENT - DEVELOPMENT OF COMMUNITY WELLNESS CARE FACILITY IN GREENSBURG | $125,000 |
UNITED WAY OF GREATER CINCINNATI PURPOSE: ANNUAL CAMPAIGN (INCLUDING EE MATCH) | $435,390 |
HOUSING PARTNERSHIP INC PURPOSE: 3 YR COMMITMENT - SUPPORT HOMEOWNERSHIP IN LOW AND MODERATE INCOME COMMUNITIES IN LOUISVILLE, KY | $41,666 |
DECATUR COUNTY UNITED FUND PURPOSE: BANK MATCH FOR EMPLOYEE CONTRIBUTIONS | $57,094 |
CINCINNATI USA REGIONAL CHAMBER MINORITY BUSINESS PURPOSE: SUPPORT DEVELOPMENT OF MINORITY AND SMALL BUSINESS IN THE CINCINNATI REGION | $200,000 |