Franklin County Bjorn Foundation Inc
- Assets
- $0.0
- Revenue
- $9.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Farmington, ME
- Founding
- 01/2020
- Data as of
- 12/2023
- EIN
- 84-3816339
Organization Overview
Franklin County Bjorn Foundation Inc is located in Farmington, ME. The organization was established in 2020. 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. Franklin County Bjorn 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, Franklin County Bjorn Foundation Inc generated $9.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (60.6%) each year.
Since 2021, Franklin County Bjorn Foundation Inc has awarded 13 individual grants totaling $3,123,579. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOUNDATION PROVIDES SUPPORT FOR LOCAL CHARITABLE ORGANIZATIONS
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $9,681 |
| 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 | $50 |
| Total Revenue | $9,731 |
| 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 | $0 |
| Printing and publications | $0 |
| Other expenses | $563 |
| Total operating and administrative expenses | $7,561 |
| Contributions, gifts, grants paid | $260,219 |
| Total expenses and disbursements | $267,780 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $0 |
| 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, Franklin County Bjorn Foundation Inc has awarded $260,219 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
CARE & SHARE FOOD CLOSET PURPOSE: PROVIDE FOOD AND HOUSEHOLD ITEMS | $10,000 |
WILTON AREA FOOD PANTRY PURPOSE: PROVIDE FOOD | $5,000 |
RSU 9 PURPOSE: VOCATIONAL TECHNICAL CENTER CONSTRUC | $245,219 |