Fontel Foundation
- Assets
- $369.5k
- Revenue
- $28.3k
- Investments
- $335.3k
- Employees
- 0
- Location
- Honolulu, HI
- Founding
- 12/2000
- Data as of
- 07/2024
- EIN
- 94-3348242
Organization Overview
Fontel Foundation is located in Honolulu, HI. The organization was established in 2000. 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. Fontel 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 07/2024, Fontel Foundation generated $28.3k 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 (4.9%) each year. All expenses for the organization totaled $60.1k during the year ending 07/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Fontel Foundation has awarded 85 individual grants totaling $265,250. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jerome Berlinger Chief Executive Officer | 1 | $0 | |
Miriam Slate Chief Financial Officer | 1 | $0 | |
Joyce Birkland Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $27,871 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $444 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $28,315 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $693 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $1,058 |
| Contributions, gifts, grants paid | $59,000 |
| Total expenses and disbursements | $60,058 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $34,225 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $369,541 |
| 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, Fontel Foundation has awarded $59,000 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
INSTITUTE FOR HUMAN SERVICES PURPOSE: RESOURCES FOR THE HOMELESS | $2,000 |
UNITY CHURCH OF HAWAII PURPOSE: PRAYER AND WORSHIP SERVICES | $5,000 |
SALVATION ARMY PURPOSE: CARE FOR FAMILIES IN NEED | $2,000 |
HULA PRESERVQTION SOCIETY PURPOSE: PRESEVATION OF HISTORICAL HULA | $1,000 |
SACRED HEARTS ACADEMY PURPOSE: STUDENT SCHOLARSHIPS | $2,000 |
UNIVERSITY OF LOUISIANA MONROE PURPOSE: STUDENT SCHOLARSHIPS | $5,000 |