Fradian Foundation is located in Seekonk, MA. The organization was established in 2007. 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.
For the year ending 12/2020, Fradian Foundation generated $41.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (28.9%) each year. All expenses for the organization totaled $602.6k during the year ending 12/2020. 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
2020
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE - ACTIVITIES LIMITED TO GRANT MAKING
NONE - ACTIVITIES LIMITED TO GRANT MAKING
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Diana Martin Trustee | 1 | $0 | |
Sarah Burgess Trustee | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $5,575 |
| Dividends & Interest | $5,218 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $30,679 |
| Capital Gain Net Income | $31,470 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $41,472 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $951 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $1,083 |
| Printing and publications | $0 |
| Other expenses | $45 |
| Total operating and administrative expenses | $97,656 |
| Contributions, gifts, grants paid | $504,963 |
| Total expenses and disbursements | $602,619 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $0 |
| 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, Fradian Foundation has awarded $2,370,000 in support to 46 organizations.
| Grant Recipient | Amount |
|---|---|
ADVOCATES FOR JUSTICE AND EDUCATION PURPOSE: PURPOSE OF THECARRYING OUT THEORGANIZATION | $25,000 |
ACADEMY OF HOPE PURPOSE: PURPOSE OF THECARRYING OUT THEORGANIZATION | $70,000 |
GREATER WASHTINGTON COMMUNITY FOUNDATION PURPOSE: PURPOSE OF THECARRYING OUT THEORGANIZATION | $50,000 |
JOBS HAVE PRIORITY PURPOSE: PURPOSE OF THECARRING OUT THEORGANIZATION | $50,000 |
JUBILEE JOBS PURPOSE: PURPOSE OF THECARRYING OUT THEORGANIZATION | $60,000 |
LATINO ECONOMIC DEVELOPMENT CORPORATION PURPOSE: PURPOSE OF THECARRYING OUT THEORGANIZATION | $30,000 |