D E French Foundation Inc is located in Auburn, 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. D E French 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 12/2022, D E French Foundation Inc generated $318.9k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 17.7% each year . All expenses for the organization totaled $355.9k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, D E French Foundation Inc has awarded 91 individual grants totaling $756,900. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Costello Director | 1 | $4,050 | |
David Tehan Director | 1 | $4,050 | |
David Corey Director | 1 | $4,050 | |
John Latanyshyn President | 1 | $4,050 | |
Stephen Rich Executive Director | 10 | $4,050 | |
Thomas Ganey Director | 1 | $3,150 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $347 |
| Dividends & Interest | $127,392 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $191,111 |
| Capital Gain Net Income | $191,111 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $318,850 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $23,400 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,000 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $19,164 |
| Total operating and administrative expenses | $70,431 |
| Contributions, gifts, grants paid | $285,500 |
| Total expenses and disbursements | $355,931 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $42,243 |
| Savings and temporary cash investments | $104,394 |
| 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 | $79,850 |
| Total assets | $4,459,227 |
| 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 |
Over the last fiscal year, D E French Foundation Inc has awarded $285,500 in support to 33 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN RED CROSS PURPOSE: SUPPORT LOCAL PROGRAMS | $10,000 |
ARISE CHILD & FAMILY SERVICES PURPOSE: HORSEBACK RIDING PROGRAM | $4,000 |
AUBURN EDUCATION FOUNDATION PURPOSE: VARIOUS PROGRAMS | $20,000 |
AUBURN PUBLIC THEATER PURPOSE: LIGHTING AND SOUND SYSTEM | $5,000 |
BEREA COLLEGE PURPOSE: SCHOLARSHIPS | $2,500 |
CALVARY FOOD PANTRY CNY PURPOSE: FOOD PANTRY | $12,000 |