Firmenich Charitable Foundation
- Assets
- $345.8k
- Revenue
- $503.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Princeton, NJ
- Founding
- 08/2013
- Data as of
- 12/2023
- EIN
- 27-2482142
Organization Overview
Firmenich Charitable Foundation is located in Princeton, NJ. The organization was established in 2013. According to its NTEE Classification (T30) the organization is classified as: Public 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. Firmenich Charitable 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 12/2023, Firmenich Charitable Foundation generated $503.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (21.4%) each year. All expenses for the organization totaled $294.6k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (25.5%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Firmenich Charitable Foundation has awarded 282 individual grants totaling $9,045,530. 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 |
|---|---|---|---|
Douglas Lucht Director | 2 | $0 | |
Matthew Furner Dir/presiden | 2 | $0 | |
Jane Sinclair Director | 2 | $0 | |
Jan Call Secretary | 2 | $0 | |
Frances Ko Treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $500,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $3,379 |
| Total Revenue | $503,379 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $25 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $305 |
| Total operating and administrative expenses | $26,847 |
| Contributions, gifts, grants paid | $267,794 |
| Total expenses and disbursements | $294,641 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $345,806 |
| 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 | $345,806 |
| Accounts payable and accrued expenses | $26,740 |
| Grants payable | $12,874 |
| 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 | $39,614 |
Grants Awarded
Over the last fiscal year, Firmenich Charitable Foundation has awarded $267,794 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
ASSOCIAZIONE PIZZAUT ONLUS PURPOSE: CREATE OPPORTUNITIES FOR AUTISTIC | $4,986 |
BREAST CANCER RESEARCH FOUNDATION PURPOSE: ANNUAL SUPPORT/SYMPOSIUM | $100,000 |
CLIMATE CENTRAL PURPOSE: SUPPORT FOR CLIMATE MATTERS PROGRAM | $10,000 |
CHILD WELLNESS INSTITUTES PURPOSE: SUPPORT FOR PARENTING & CHILDREN | $5,000 |
EDEN AUTISM PURPOSE: SPONSORSHIP- 5K RACE & 1K WALK | $10,000 |
EBG ASSOC DES ENTREPRISES PURPOSE: SUPPORT SENTINELS OF BIODIVERSITY | $5,437 |