Friezo Family Foundation
- Assets
- $1.5m
- Revenue
- $167.7k
- Investments
- $1.4m
- Employees
- 0
- Location
- Fort Lauderdale, FL
- Founding
- 02/2012
- Data as of
- 12/2023
- EIN
- 27-4256760
Organization Overview
Friezo Family Foundation is located in Fort Lauderdale, FL. The organization was established in 2012. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friezo 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 12/2023, Friezo Family Foundation generated $167.7k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $148.9k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Friezo Family Foundation has awarded 213 individual grants totaling $1,167,754. 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 |
|---|---|---|---|
David Friezo President | 1 | $0 | |
Jorgelina Friezo Vice President | 1 | $0 | |
Richard Li Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $35,110 |
| Interest on Savings | $1,399 |
| Dividends & Interest | $23,797 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $76,592 |
| Capital Gain Net Income | $63,024 |
| Net ST Capital Gain | $44,971 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $30,774 |
| Total Revenue | $167,672 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $5,759 |
| Total operating and administrative expenses | $7,444 |
| Contributions, gifts, grants paid | $141,501 |
| Total expenses and disbursements | $148,945 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $146,858 |
| 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 | $446,489 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,543,997 |
| 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, Friezo Family Foundation has awarded $141,501 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
GREENS FARM ACADEMY PURPOSE: GENERAL SUPPORT | $500 |
FAIRFIELD COUNTRY DAY SCHOOL PURPOSE: GENERAL SUPPORT | $1,500 |
HOLY CROSS HOSPITAL PURPOSE: GENERAL SUPPORT | $60,000 |
TULANE UNIVERSITY PURPOSE: GENERAL SUPPORT | $7,200 |
DISCOVERY TO CURE YALE NEW HAVEN PURPOSE: GENERAL SUPPORT | $2,000 |
INSTITUTE FOR THE INTERNATIONAL EDU PURPOSE: GENERAL SUPPORT | $10,000 |