Charles A Frueauff Foundation Inc
- Assets
- $65.7m
- Revenue
- $3.5m
- Investments
- $57.4m
- Employees
- 0
- Location
- Little Rock, AR
- Founding
- 11/1951
- Data as of
- 12/2023
- EIN
- 13-5605371
Organization Overview
Charles A Frueauff Foundation Inc is located in Little Rock, AR. The organization was established in 1951. 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. Charles A Frueauff 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 12/2023, Charles A Frueauff Foundation Inc generated $3.5m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $8.0m during the year ending 12/2023. While expenses have increased by 2.8% per year over the past 9 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
OFFICE SPACE (774 SQUARE FEET) PROVIDED TO THREE SELECTED CHARITIES NET OF 718 REIMBURSEMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David A Frueauff President | 40 | $216,972 | |
James P Fallon ESQ Vp/trustee | 25 | $157,768 | |
Ac Mccully Trustee | 5 | $37,883 | |
Anna Kay Frueauff Vp/trustee | 40 | $159,476 | |
Daniel Fallon Trustee | 2 | $10,000 | |
Leslie Mcdowell Trustee | 2 | $10,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $2,529,958 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $920,786 |
| Capital Gain Net Income | $920,786 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $28,486 |
| Total Revenue | $3,479,230 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $592,099 |
| Other employee salaries and wages | $72,003 |
| Pension plans, employee benefits | $102,159 |
| Interest | $0 |
| Taxes | $43,728 |
| Depreciation | $7,167 |
| Occupancy | $52,587 |
| Travel, conferences, and meetings | $13,693 |
| Printing and publications | $0 |
| Other expenses | $225,023 |
| Total operating and administrative expenses | $1,465,862 |
| Contributions, gifts, grants paid | $6,516,916 |
| Total expenses and disbursements | $7,982,778 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $420,235 |
| Savings and temporary cash investments | $7,611,951 |
| 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 | $41,893 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $12,073,657 |
| Net Land, buildings, and equipment | $15,358 |
| Other assets | $232,787 |
| Total assets | $65,714,419 |
| Accounts payable and accrued expenses | $60,138 |
| 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 | $778,198 |
| Total liabilities | $838,336 |