Michael Fredrich Charitable Foundation
- Assets
- $362.3k
- Revenue
- $46.6k
- Investments
- $259.0k
- Employees
- 0
- Location
- Livermore, CA
- Founding
- 04/2000
- Data as of
- 12/2022
- EIN
- 94-3332873
Organization Overview
Michael Fredrich Charitable Foundation is located in Livermore, CA. The organization was established in 2000. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, 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. Michael Fredrich Charitable 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, Michael Fredrich Charitable Foundation generated $46.6k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $30.0k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (15.2%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
FINANCIAL SUPPORT FOR CHARITABLE ORGANIZATIONS BENEFITTING THE COMMUNITY, INCLUDING RELATED ADMINISTRATIVE EXPENSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Fredrich Director | 4 | $0 | |
Michael Fredrich President | 2 | $0 | |
Diana Fredrich Secret./treas. | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $28,430 |
| Interest on Savings | $110 |
| Dividends & Interest | $9,300 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $8,385 |
| Capital Gain Net Income | $8,385 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $363 |
| Total Revenue | $46,588 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $943 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $15 |
| Total operating and administrative expenses | $11,358 |
| Contributions, gifts, grants paid | $18,600 |
| Total expenses and disbursements | $29,958 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $103,145 |
| Net Accounts receivable | $107 |
| 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 | $66,142 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $362,292 |
| Accounts payable and accrued expenses | $21,608 |
| 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 | $21,608 |
Grants Awarded
Over the last fiscal year, Michael Fredrich Charitable Foundation has awarded $18,600 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
UW-EC FOUNDATION SCHOLFIELD HALL 21 PURPOSE: SUPPORT OF OTHER CHARITABLE ORGANIZATIONS | $8,000 |
TRI VALLEY CONSERVANCY PURPOSE: SUPPORT OF OTHER CHARITABLE ORGANIZATIONS | $2,000 |
MANITOWOC COUNTY HISTORICAL SOCIETY PURPOSE: SUPPORT OF OTHER CHARITABLE ORGANIZATIONS | $250 |
TRUCKEE DONNER LAND TRUST PURPOSE: SUPPORT OF OTHER CHARITABLE ORGANIZATIONS | $500 |
SHEBOYGAN COUNTY HISTORICAL RESEARC PURPOSE: SUPPORT OF OTHER CHARITABLE ORGANIZATIONS | $250 |
NORTH HIGH BOOSTER CLUB PURPOSE: SUPPORT OF OTHER CHARITABLE ORGANIZATIONS | $1,000 |