Fabenco Founding Fathers Foundation
- Assets
- $441.5k
- Revenue
- $48.7k
- Investments
- $431.5k
- Employees
- 0
- Location
- Houston, TX
- Founding
- 09/2006
- Data as of
- 09/2023
- EIN
- 20-5114069
Organization Overview
Fabenco Founding Fathers Foundation is located in Houston, TX. The organization was established in 2006. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fabenco Founding Fathers 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 09/2023, Fabenco Founding Fathers Foundation generated $48.7k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $40.5k during the year ending 09/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Fabenco Founding Fathers Foundation has awarded 114 individual grants totaling $138,898. 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 |
|---|---|---|---|
David Lacook Director | 0 | $0 | |
Don Henderson Director | 0 | $0 | |
Diane Holman Director | 0 | $0 | |
Michelle Lacook Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $26,544 |
| Interest on Savings | $0 |
| Dividends & Interest | $25,622 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$3,457 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $48,709 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $823 |
| Depreciation | $0 |
| Occupancy | $14,400 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $15,862 |
| Contributions, gifts, grants paid | $24,598 |
| Total expenses and disbursements | $40,460 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,942 |
| 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 | $441,486 |
| 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, Fabenco Founding Fathers Foundation has awarded $24,598 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
SHERRY CREPEAU PURPOSE: ORIGINAL OCCUPANTS ASSISTANCE | $2,000 |
MARINE TOYS FOR TOTS FDN PURPOSE: TO FUND CHARITABLE ACTIVITY | $1,000 |
SALVATION ARMY PURPOSE: TO FUND CHARITABLE ACTIVITY | $1,000 |
USO PURPOSE: TO FUND CHARITABLE ACTIVITY | $1,000 |
BE AN ANGEL PURPOSE: TO FUND CHARITABLE ACITIVTY | $1,000 |
AMERICAN LEGION AUXILLIARY PURPOSE: TO FUND CHARITABLE ACTIVITY | $2,500 |