Former Agents Of The Fbi Foundation
- Assets
- $14.2m
- Revenue
- $2.0m
- Investments
- $0.0
- Employees
- 0
- Location
- Dumfries, VA
- Founding
- 10/2006
- Data as of
- 12/2021
- EIN
- 20-4715708
Organization Overview
Former Agents Of The Fbi Foundation is located in Dumfries, VA. The organization was established in 2006. According to its NTEE Classification (T30) the organization is classified as: Public 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. Former Agents Of The Fbi 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 12/2021, Former Agents Of The Fbi Foundation generated $2.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $849.5k during the year ending 12/2021. While expenses have increased by 0.1% per year over the past 7 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, Former Agents Of The Fbi Foundation has awarded 18 individual grants totaling $106,765. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PRESERVE OUR SHARED FBI VALUES AND THE IDEALS OF THE FBI FAMILY THROUGH SCHOLARSHIPS AND PROGRAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DIRECT SCHOLARSHIP AND AWARDS: AWARDS TO LAW ENFORCEMENT PROGRAMS IN COLLEGES AND UNIVERSITIES AND AWARDS ON BEHALF OF INDIVIDUALS WHO HAVE ACTED AS HUMANITARIANS. AWARDS MADE TO NEEDY AND DESERVING FORMER FBI AGENTS, THEIR WIDOWS AND CHILDREN FOR TEMPORARY RELIEF OF SUFFERING AND HARDSHIP; AID TO VICTIMS OF NATURAL DISASTERS. SCHOLARSHIPS TO NEEDY AND DESERVING STUDENTS WHO ARE CHILDREN AND GRANDCHILDREN OF FORMER FBI AGENTS OR CHILDREN OF LOCAL LAW ENFORCEMENT OFFICERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tase E Bailey Chairman | OfficerTrustee | 10 | $0 |
Eileen J Roemer President 1/1/21-10/23/21 | OfficerTrustee | 5 | $0 |
Dennis M Lormel President 10/23/21-12/31/21 | OfficerTrustee | 5 | $0 |
Robert H Gibson Treasurer 1/1/21-10/23/21 | OfficerTrustee | 10 | $0 |
Philip G Sprick Treasurer 10/23/21-12/31/21 | OfficerTrustee | 10 | $0 |
Joseph Valiquette Trustee 10/23/21-12/31/21 | Trustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $32,797 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,040,567 |
| Noncash contributions included in lines 1a–1f | $236,279 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,073,364 |
| Total Program Service Revenue | $2,669 |
| Investment income | $653,738 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $223,874 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,953,645 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $11,500 |
| Grants and other assistance to domestic individuals. | $249,129 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $199,712 |
| Pension plan accruals and contributions | $6,337 |
| Other employee benefits | $11,660 |
| Payroll taxes | $14,556 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $7,163 |
| Fees for services: Accounting | $20,088 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $62,405 |
| Fees for services: Other | $3,121 |
| Advertising and promotion | $0 |
| Office expenses | $26,275 |
| Information technology | $17,084 |
| Royalties | $0 |
| Occupancy | $13,547 |
| Travel | $24,933 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $31,078 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $9,852 |
| Insurance | $3,880 |
| All other expenses | $719 |
| Total functional expenses | $849,496 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $102,078 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $470 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $12,127 |
| Net Land, buildings, and equipment | $217,349 |
| Investments—publicly traded securities | $13,871,867 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $14,203,891 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $20,988 |
| Total liabilities | $20,988 |
| Net assets without donor restrictions | $11,268,711 |
| Net assets with donor restrictions | $2,914,192 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $14,203,891 |
Grants Awarded
Over the last fiscal year, Former Agents Of The Fbi Foundation has awarded $30,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
Alexandria, VA PURPOSE: Memorial College Fund | $10,000 |
Alexandria, VA PURPOSE: Memorial College Fund | $10,000 |
Seaford, NY PURPOSE: Humanitarian Award | $5,000 |
Seaford, NY PURPOSE: Humanitarian Award | $5,000 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Former Agents Of The Fbi Foundation has recieved totaling $20,979.
| Awarding Organization | Amount |
|---|---|
Greater Houston Community Foundation Houston, TX PURPOSE: PUBLIC BENEFIT | $10,000 |
Eleanor Hutchinson Parker Foundation Inc San Diego, CA PURPOSE: GENERAL | $5,000 |
Mutual Of America Foundation New York, NY PURPOSE: GENERAL OPERATING PURPOSE | $3,250 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $2,079 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $500 |
The Duke Energy Foundation Charlotte, NC PURPOSE: MATCHING GIFTS | $125 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Gary Sinise Foundation Nashville, TN | $79,715,180 | $58,070,139 |
Jefferson Scholars Foundation Charlottesville, VA | $761,742,846 | $36,629,374 |
The Pauley Family Foundation Richmond, VA | $2,022,061,315 | $1,899,350,410 |
College Foundation Of The University Of Virginia Charlottesville, VA | $252,362,262 | $51,045,128 |
Homefree Usa Inc Landover, MD | $5,280,798 | $17,895,333 |
Philanthropic Impact Foundation Nashville, TN | $919,847 | $18,241,201 |
University Of Louisville Real Estate Foundation Louisville, KY | $156,388,720 | $20,770,834 |
Aston Park Health Care Center Inc Asheville, NC | $17,105,214 | $12,530,764 |
James Family Charitable Foundation Charlottesville, VA | $171,150,056 | $16,638,935 |
Silver Valley Research Foundation Mclean, VA | $1,699,232 | $12,100,000 |
Helvetas Usa Washington, DC | $584,936 | $9,906,698 |
Asbury Foundation Inc Frederick, MD | $52,948,136 | $11,506,831 |