Family Giving Foundation Inc
- Assets
- $69.6m
- Revenue
- $12.6m
- Investments
- $12.5m
- Employees
- 0
- Location
- Papaikou, HI
- Founding
- Data as of
- 12/2023
- EIN
- 84-4003180
Organization Overview
Family Giving Foundation Inc is located in Papaikou, HI. According to its NTEE Classification (T30) the organization is classified as: Public 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. Family Giving 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, Family Giving Foundation Inc generated $12.6m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $2.1m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Family Giving Foundation Inc has awarded 95 individual grants totaling $2,758,179. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
FINANCIAL ASSISTANCE TO OTHER CHARITABLE ORGANIZATIONS DESCRIBED IN IRC 501(C)(3).
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING SUPPORT TO TAX QUALIFIED CHARITIES THAT HELP OUR DONORS FUND EDUCATIONAL, RELIGIOUS OR OTHER CAUSES CONSISTENT WITH THE DONORS' PHILANTRHOPIC PURPOSES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tim Voorhees President | OfficerTrustee | 5 | $0 |
Bob Higby Director | Trustee | 5 | $0 |
Ed Cotney Director | Trustee | 5 | $0 |
Stacy Sopata Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $10,165,309 |
| Noncash contributions included in lines 1a–1f | $8,503,726 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,165,309 |
| Total Program Service Revenue | $460,230 |
| Investment income | $428,005 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $91,931 |
| Net Gain/Loss on Asset Sales | $1,405,627 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $12,551,102 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,666,938 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $308,148 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $91,301 |
| Insurance | $4,765 |
| All other expenses | $0 |
| Total functional expenses | $2,134,551 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $3,353,011 |
| Pledges and grants receivable | $450,000 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $20,180,190 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $10,752 |
| Net Land, buildings, and equipment | $5,726,309 |
| Investments—publicly traded securities | $25,967,026 |
| Investments—other securities | $12,493,276 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,420,325 |
| Total assets | $69,600,889 |
| Accounts payable and accrued expenses | $2,784 |
| Grants payable | $73,235 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $19,600 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,727,077 |
| Total liabilities | $2,822,696 |
| Net assets without donor restrictions | $66,778,193 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $69,600,889 |
Grants Awarded
Over the last fiscal year, Family Giving Foundation Inc has awarded $1,533,500 in support to 45 organizations.
| Grant Recipient | Amount |
|---|---|
ALEGRE GLOBAL ASSISTANCE CHARITIES INC PURPOSE: GENERAL SUPPORT | $600,000 |
BARNARD COLLEGE PURPOSE: GENERAL SUPPORT | $31,600 |
CANTWELL-SACRED HEART OF MARY HIGH SCHOOL PURPOSE: GENERAL SUPPORT | $10,000 |
DEFY VENTURES PURPOSE: GENERAL SUPPORT | $10,000 |
I CAN DO THAT THEATER COMPANY PURPOSE: GENERAL SUPPORT | $10,000 |
US IAS PURPOSE: GENERAL SUPPORT | $125,000 |