F Cubed Foundation
- Assets
- $2.4m
- Revenue
- $317.2k
- Investments
- $2.3m
- Employees
- 0
- Location
- Frisco, CO
- Founding
- 02/2011
- Data as of
- 12/2022
- EIN
- 27-4155850
Organization Overview
F Cubed Foundation is located in Frisco, CO. The organization was established in 2011. 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. F Cubed 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, F Cubed Foundation generated $317.2k 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 (9.0%) each year. All expenses for the organization totaled $173.4k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, F Cubed Foundation has awarded 40 individual grants totaling $453,000. 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 |
|---|---|---|---|
Michael Finkel Director | 1 | $0 | |
Jill Finkel Director | 1 | $0 | |
Diana Finkel President And Director | 5 | $0 | |
Paul Finkel Treasurer And Director | 5 | $0 | |
Benjamin Woodbeck Secretary And Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $215,000 |
| Interest on Savings | $27 |
| Dividends & Interest | $102,123 |
| 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 | $0 |
| Total Revenue | $317,150 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,778 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $276 |
| Total operating and administrative expenses | $12,279 |
| Contributions, gifts, grants paid | $161,100 |
| Total expenses and disbursements | $173,379 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $46,575 |
| Savings and temporary cash investments | $30,755 |
| 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 | $2,292,449 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,369,779 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $830,000 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $830,000 |
Grants Awarded
Over the last fiscal year, F Cubed Foundation has awarded $161,100 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
FAMILY INTERCULTURAL RESOURCE PURPOSE: FUND OPERATING EXPENSES | $50,000 |
SUMMIT FOUNDATION PURPOSE: FUND OPERATING EXPENSES | $1,000 |
EDUCATION FOUNDATION SUMMIT PURPOSE: FUND OPERATING EXPENSES | $20,000 |
BMF PURPOSE: FUND OPERATING EXPENSES | $15,000 |
NRO PURPOSE: FUND OPERATING EXPENSES | $55,000 |
SEA CHANGE EXPEDITIONS PURPOSE: FUND OPERATING EXPENSES | $2,500 |