Frank J Fee Foundation Inc
- Assets
- $29.7k
- Revenue
- $400.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Elmsford, NY
- Founding
- 04/1956
- Data as of
- 08/2023
- EIN
- 13-6130510
Organization Overview
Frank J Fee Foundation Inc is located in Elmsford, NY. The organization was established in 1956. 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. Frank J Fee 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 08/2023, Frank J Fee Foundation Inc generated $400.0k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 5.9% each year. All expenses for the organization totaled $402.0k during the year ending 08/2023. While expenses have increased by 6.0% 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 2015, Frank J Fee Foundation Inc has awarded 29 individual grants totaling $2,370,000. 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 |
|---|---|---|---|
Frank J Fee III President & Treasurer | 0.5 | $0 | |
Kevin T Fee Vice President & Secretary | 0.5 | $0 | |
Michael R Fee Assistant Secretary | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $400,000 |
| Interest on Savings | $4 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $400,004 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $52 |
| Other expenses | $0 |
| Total operating and administrative expenses | $2,021 |
| Contributions, gifts, grants paid | $400,000 |
| Total expenses and disbursements | $402,021 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $29,734 |
| Savings and temporary cash investments | $0 |
| 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 | $29,734 |
| 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, Frank J Fee Foundation Inc has awarded $400,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
ADAPTIVE SPORTS FOUNDATION PURPOSE: GENERAL PURPOSE | $25,000 |
BOSTON COLLEGE PURPOSE: GENERAL PURPOSE | $200,000 |
CHAMINADE HIGH SCHOOL PURPOSE: GENERAL PURPOSE | $100,000 |
CLARK GILLIES FOUNDATION PURPOSE: GENERAL PURPOSE | $50,000 |
HIGHBRIDGE VOICES PURPOSE: GENERAL PURPOSE | $25,000 |