Friesen Lumber Company Foundation Inc
- Assets
- $1.3m
- Revenue
- $91.0k
- Investments
- $1.3m
- Employees
- 0
- Location
- Portland, OR
- Founding
- 01/1992
- Data as of
- 02/2022
- EIN
- 93-1024760
Organization Overview
Friesen Lumber Company Foundation Inc is located in Portland, OR. The organization was established in 1992. According to its NTEE Classification (S99) the organization is classified as: Community Improvement & Capacity Building N.E.C., under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friesen Lumber Company 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 02/2022, Friesen Lumber Company Foundation Inc generated $91.0k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 7.9% each year. All expenses for the organization totaled $65.3k during the year ending 02/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Friesen Lumber Company Foundation Inc has awarded 67 individual grants totaling $152,320. 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 |
|---|---|---|---|
Harlan Friesen Treasurer/director | 1 | $0 | |
Jon Friesen Director/president | 1 | $0 | |
Lex F Page Secretary/director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1 |
| Dividends & Interest | $38,686 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $52,351 |
| Capital Gain Net Income | $52,351 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $91,038 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $661 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,363 |
| Total operating and administrative expenses | $17,904 |
| Contributions, gifts, grants paid | $47,400 |
| Total expenses and disbursements | $65,304 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,336 |
| Savings and temporary cash investments | $21,648 |
| 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 | $156,309 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,292,549 |
| 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, Friesen Lumber Company Foundation Inc has awarded $47,400 in support to 21 organizations.
| Grant Recipient | Amount |
|---|---|
Bend, OR PURPOSE: OPERATING | $5,000 |
SHEPHERD'S HOUSE PURPOSE: OPERATING | $5,000 |
Reston, VA PURPOSE: OPERATING | $5,000 |
MRC PURPOSE: OPERATING | $5,000 |
Bend, OR PURPOSE: OPERATING | $2,500 |
DESCHUTES PUBLIC LIBRARY PURPOSE: OPERATING | $2,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
El Dorado Community Service Center Santa Clarita, CA | $4,302,253 | $8,147,588 |
Silicon Valley Education Foundation San Jose, CA | $5,009,604 | $7,057,784 |
Campesinos Unidos Brawley, CA | $3,476,842 | $6,350,880 |
Underground Service Alert Of Southern California Corona, CA | $5,398,227 | $5,936,631 |
River City Food Bank Sacramento, CA | $2,903,146 | $5,371,581 |
New Leaf Ethiopia Foundation Clements, CA | $23,673 | $3,516,731 |
High Sierra Industries Incorporated Reno, NV | $12,421,127 | $3,512,138 |
Oakland Private Industry Council In C Oakland, CA | $1,098,730 | $3,208,844 |
Brown Hope Portland, OR | $2,152,978 | $3,700,740 |
Midtown Sacramento Pbid Corporation Sacramento, CA | $2,234,952 | $3,122,006 |
Cradle To Cradle Products Innovation Institute Inc Oakland, CA | $2,423,174 | $2,467,004 |
Plumbing And Pipefitting Industry Local 598 Pasco, WA | $6,094,887 | $3,800,217 |