Freres Foundation
- Assets
- $3.8m
- Revenue
- $204.8k
- Investments
- $3.4m
- Employees
- 0
- Location
- Lyons, OR
- Founding
- 03/1961
- Data as of
- 12/2022
- EIN
- 93-6027213
Organization Overview
Freres Foundation is located in Lyons, OR. The organization was established in 1961. 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. Freres 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, Freres Foundation generated $204.8k 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 (18.4%) each year. All expenses for the organization totaled $212.3k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Freres Foundation has awarded 107 individual grants totaling $652,750. 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 |
|---|---|---|---|
Robert Freres Jr President | 1 | $0 | |
Kyle Freres Vice-President | 1 | $0 | |
Tyler Freres Vice-President | 1 | $0 | |
William M Smith Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $200,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $76,414 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$71,596 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $204,818 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $824 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $779 |
| Total operating and administrative expenses | $17,159 |
| Contributions, gifts, grants paid | $195,125 |
| Total expenses and disbursements | $212,284 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $200,018 |
| Savings and temporary cash investments | $206,562 |
| 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 | $3,373,718 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $4,976 |
| Total assets | $3,785,274 |
| Accounts payable and accrued expenses | $300 |
| 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 | $300 |
Grants Awarded
Over the last fiscal year, Freres Foundation has awarded $195,125 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
LINN COUNTY ANIMAL RESCUE PURPOSE: UNRESTRICTED DONATION | $100 |
WILLAMETTE HERITAGE CENTER PURPOSE: UNRESTRICTED DONATION | $250 |
SANTIAM CANYON SCHOOL DISTRICT PTO PURPOSE: UNRESTRICTED DONATION | $200 |
MILL CITY 4TH OF JULY COMMITTEE PURPOSE: UNRESTRICTED DONATION | $500 |
SCIO PARENT CLUB PURPOSE: UNRESTRICTED DONATION | $250 |
HART HORSES ADAPTIVE RIDING & THERAPY PURPOSE: UNRESTRICTED DONATION | $500 |