Frush Family Foundation
- Assets
- $205.8k
- Revenue
- $16.2k
- Investments
- $198.9k
- Employees
- 0
- Location
- Minneapolis, MN
- Founding
- 05/2009
- Data as of
- 12/2022
- EIN
- 27-1498861
Organization Overview
Frush Family Foundation is located in Minneapolis, MN. The organization was established in 2009. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Frush Family 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 12/2022, Frush Family Foundation generated $16.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (8.7%) each year. All expenses for the organization totaled $41.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (3.7%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Frush Family Foundation has awarded 172 individual grants totaling $275,866. 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 |
|---|---|---|---|
Mary A Frush President | 1 | $0 | |
Jeffrey C Frush Treasurer/secretary | 1 | $0 | |
Daniel Frush Board Member | 1 | $0 | |
Jacob Frush Board Member | 1 | $0 | |
Rachael Holt Board Member | 1 | $0 | |
Zachary Frush Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $7,070 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $9,081 |
| Capital Gain Net Income | $9,081 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $16,151 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $304 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,026 |
| Total operating and administrative expenses | $5,430 |
| Contributions, gifts, grants paid | $36,500 |
| Total expenses and disbursements | $41,930 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3 |
| Savings and temporary cash investments | $6,953 |
| 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 | $198,889 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $205,845 |
| 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, Frush Family Foundation has awarded $36,500 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
COURAGE KENNY FOUNDATION PURPOSE: GENERAL PURPOSE EXEMPT FUNCTION GRANT | $1,000 |
ECHO THEATER COMPANY PURPOSE: GENERAL PURPOSE EXEMPT FUNCTION GRANT | $1,000 |
FIRST CONGREGATIONAL CHURCH UCC OF COLUMBUS OHIO PURPOSE: GENERAL PURPOSE EXEMPT FUNCTION GRANT | $1,000 |
FIRST CONGREGATIONAL UNITED CHURCH OF CHRIST PURPOSE: GENERAL PURPOSE EXEMPT FUNCTION GRANT | $3,000 |
HIAWATHA ACADEMIES PURPOSE: GENERAL PURPOSE EXEMPT FUNCTION GRANT | $10,000 |
LEUKEMIA & LYMPHOMA SOCIETY PURPOSE: GENERAL PURPOSE EXEMPT FUNCTION GRANT | $300 |