Frontstream Global Fund
- Assets
- $871.1k
- Revenue
- $19.4m
- Investments
- $0.0
- Employees
- 0
- Location
- Alexandria, VA
- Founding
- 12/2008
- Data as of
- 06/2022
- EIN
- 26-3265577
Organization Overview
Frontstream Global Fund is located in Alexandria, VA. The organization was established in 2008. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Frontstream Global Fund is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2020, Frontstream Global Fund has awarded 638 individual grants totaling $16,259,157. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
SEE PART III, LINE 1.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DURING THE CURRENT YEAR, FRONTSTREAM GLOBAL FUND DISTRIBUTED A TOTAL OF $18,132,189 TO DESIGNATED CHARITIES. SEE SCHEDULE I FOR GRANTEE AND AMOUNT LISTING FOR GRANTS OVER $5,000.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chris Broderick Chairman Thru 12/16/2021 | OfficerTrustee | 1 | $0 |
Jessica Kent Treasurer, Director | OfficerTrustee | 5 | $0 |
Mark Sutton Secretary Thru 9/14/2021 | OfficerTrustee | 1 | $0 |
Kevin Green Chairman 12/16/21-3/24/22 | OfficerTrustee | 1 | $0 |
Joe Clawson Secretary As Of 12/16/2021 | OfficerTrustee | 1 | $0 |
Matthew Murphy Director As Of 12/16/21 | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $19,302,540 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $19,302,540 |
| Total Program Service Revenue | $112,200 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $19,414,740 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $18,132,189 |
| Grants and other assistance to domestic individuals. | $0 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $7,973 |
| Fees for services: Accounting | $58,684 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,149,473 |
| Advertising and promotion | $0 |
| Office expenses | $54,168 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $988 |
| All other expenses | $0 |
| Total functional expenses | $19,403,475 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $742,658 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $128,149 |
| 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 | $333 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $871,140 |
| Accounts payable and accrued expenses | $502,379 |
| Grants payable | $336,608 |
| 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 | $0 |
| Total liabilities | $838,987 |
| Net assets without donor restrictions | $32,153 |
| Net assets with donor restrictions | $0 |
| 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 | $871,140 |
Grants Awarded
Over the last fiscal year, Frontstream Global Fund has awarded $15,338,275 in support to 576 organizations.
| Grant Recipient | Amount |
|---|---|
Chicago, IL PURPOSE: Use by the organization's general fund | $1,750,747 |
Austin, TX PURPOSE: Use by the organization's general fund | $275,982 |
Montgomery, AL PURPOSE: Use by the organization's general fund | $191,986 |
New York, NY PURPOSE: Use by the organization's general fund | $188,280 |
Naples, FL PURPOSE: Use by the organization's general fund | $186,709 |
San Rafael, CA PURPOSE: Use by the organization's general fund | $176,607 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Frontstream Global Fund has recieved totaling $40,000.
| Awarding Organization | Amount |
|---|---|
California Foundation For Stronger Communities Carlsbad, CA PURPOSE: ORGANIZATION'S MISSION | $40,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Audubon Area Community Services Inc Owensboro, KY | $41,933,406 | $49,214,124 |
City First Enterprises Inc Washington, DC | $50,642,589 | $41,161,285 |
United Planning Organization Washington, DC | $21,957,692 | $39,543,643 |
Navy Marine Coast Guard Residence Foundation Mclean, VA | $169,576,374 | $36,329,894 |
Jewish Social Service Agency Rockville, MD | $78,004,250 | $40,027,018 |
American Action Network Inc Washington, DC | $3,726,560 | $29,638,224 |
Blue Grass Community Action Partnership Inc Frankfort, KY | $7,918,674 | $28,900,392 |
Mid-Cumberland Human Resource Agency Nashville, TN | $16,634,342 | $31,822,877 |
Medsource Community Services Inc Hagerstown, MD | $13,934,817 | $31,083,317 |
St Vincent De Paul Of Baltimore Inc Baltimore, MD | $26,858,790 | $28,662,725 |
Inter-Faith Food Shuttle Raleigh, NC | $8,299,507 | $23,329,525 |
Total Action Against Poverty In Roanoke Valley Roanoke, VA | $8,696,425 | $23,450,227 |