Freres Foundation
- Assets
- $3.8m
- Revenue
- $638.8k
- Investments
- $3.3m
- Employees
- 0
- Location
- Lyons, OR
- Founding
- 03/1961
- Data as of
- 12/2021
- 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 12/2021, Freres Foundation generated $638.8k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 10.4% each year . All expenses for the organization totaled $197.1k during the year ending 12/2021. While expenses have increased by 3.7% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Freres Foundation has awarded 110 individual grants totaling $625,075. 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 | $67,776 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $371,055 |
| Capital Gain Net Income | $371,055 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $638,831 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,788 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $535 |
| Total operating and administrative expenses | $22,409 |
| Contributions, gifts, grants paid | $174,650 |
| Total expenses and disbursements | $197,059 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $206,615 |
| Savings and temporary cash investments | $275,092 |
| 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 | $3,314,001 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,795,708 |
| 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 | $3,268 |
| Total liabilities | $3,268 |
Grants Awarded
Over the last fiscal year, Freres Foundation has awarded $174,650 in support to 24 organizations.
| Grant Recipient | Amount |
|---|---|
REGIS FOUNDATION PURPOSE: UNRESTRICTED DONATION | $70,000 |
Stayton, OR PURPOSE: UNRESTRICTED DONATION | $25,000 |
BRADLEY IMPACT FUND PURPOSE: UNRESTRICTED DONATION | $25,000 |
Salem, OR PURPOSE: UNRESTRICTED DONATION | $15,000 |
Corvallis, OR PURPOSE: UNRESTRICTED DONATION | $12,500 |
Portland, OR PURPOSE: UNRESTRICTED DONATION | $7,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Amazonsmile Foundation Seattle, WA | $32,322,159 | $94,115,479 |
Dr Miriam And Sheldon G Adelson Las Vegas, NV | $37,664,470 | $5,516,038 |
Shimon Ben Joseph Foundation San Francisco, CA | $1,592,283,787 | $39,921,005 |
Alfred C Munger Foundation Los Angeles, CA | $17,737,694 | $91,163,030 |
Hellman Foundation San Francisco, CA | $693,471,633 | $133,789,010 |
The Eric And Wendy Schmidt Fund For Strategic Innovation Palo Alto, CA | $1,715,568,763 | $412,161,407 |
Omidyar Network Fund Inc Redwood City, CA | $490,038,780 | $21,031,743 |
Sobrato Family Foundation Mountain View, CA | $811,956,453 | $266,068,436 |
Moore Family Foundation Incline Village, NV | $173,909 | $5,659,701 |
Gates Philanthropy Partners Seattle, WA | $58,428,866 | $30,155,547 |
Paul G Allen Family Foundation Seattle, WA | $0 | $45,218,114 |
Benificus Foundation San Carlos, CA | $13,481,294 | $1,960,393 |