Firstfruits Foundation

Organization Overview

Firstfruits Foundation is located in Elverson, PA. The organization was established in 1995. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Firstfruits 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, Firstfruits Foundation generated $12.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (9.6%) each year. All expenses for the organization totaled $122.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (10.9%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Firstfruits Foundation has awarded 40 individual grants totaling $2,407,123. 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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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $3
Dividends & Interest $7,574
Net Rental Income$0
Net Gain on Sale of Assets $2,816
Capital Gain Net Income $2,816
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $2,343
Total Revenue $12,736

Grants Awarded

Over the last fiscal year, Firstfruits Foundation has awarded $110,000 in support to 2 organizations.

Grant RecipientAmount

SHEPHERDS MINISTRIES

PURPOSE: GENERAL FUND

$100,000

IGLESIA BIBLICA BAUTISTA

PURPOSE: GENERAL FUND

$10,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Firstfruits Foundation has recieved totaling $22,092.

Awarding OrganizationAmount
Salt & Light Foundation

Elverson, PA

PURPOSE: GENERAL FUND

$11,046
Salt & Light Foundation

Elverson, PA

PURPOSE: GENERAL FUND

$11,046
View Grant Recipient Profile

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