The Fremont Group Foundation
- Assets
- $19.1m
- Revenue
- $369.3k
- Investments
- $18.7m
- Employees
- 0
- Location
- San Francisco, CA
- Founding
- 04/1997
- Data as of
- 12/2023
- EIN
- 33-3255428
Organization Overview
The Fremont Group Foundation is located in San Francisco, CA. The organization was established in 1997. 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. Fremont Group 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, Fremont Group Foundation generated $369.3k 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 (7.2%) each year. All expenses for the organization totaled $826.3k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Fremont Group Foundation has awarded 653 individual grants totaling $6,193,031. 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 R Covin President & Director | 0 | $0 | |
Margaret Lip Director & Secretary | 0 | $0 | |
Wendy Aitken Director | 0 | $0 | |
Wen Zhang Director & Asst Secretary | 0 | $0 | |
Stephen A Ramsay Director & Treasurer | 0 | $0 | |
Charles Lesem V-P & Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $9,803 |
| 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 | $359,461 |
| Total Revenue | $369,264 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,971 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $21,107 |
| Total operating and administrative expenses | $120,356 |
| Contributions, gifts, grants paid | $705,899 |
| Total expenses and disbursements | $826,255 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $329,543 |
| 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 | $18,713,217 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $9,205 |
| Total assets | $19,051,965 |
| 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, The Fremont Group Foundation has awarded $705,899 in support to 50 organizations.
| Grant Recipient | Amount |
|---|---|
ACCESS INSTITUTE FOR PSYCHOLOGICAL SERVICES PURPOSE: TO SUPPORT THE ORGANIZATION'S MISSION TO PROVIDE HIGH QUALITY PSYCHOLOGICAL CARE TO PEOPLE OF ALL AGES WITH THE GREATEST NEED AND LEAST ACCESS TO CARE. | $1,000 |
BETHANY CAMP PURPOSE: TO SUPPORT THE ORGANIZATION'S MISSION TO CREATE A PURPOSEFUL AND RELEVANT CAMPING EXPERIENCE FOR CAMPERS, FAMILIES AND GUEST GROUPS. | $2,500 |
CARITAS CREEK PURPOSE: TO SUPPORT THE ORGANIZATION'S MISSION TO HELP YOUNG PEOPLE DISCOVER THE CONNECTION BETWEEN ALL LIVING THINGS; TO BUILD BRIDGES BETWEEN DIVERSE SOCIOECONOMIC AND ETHNIC GROUPS; AND TO FOSTER IN YOUTH A DEEPER CONNECTION TO THE NATURAL ENVIRONMENT, TO SELF, TO THE SPIRIT OF LOVE, AND TO COMMUNITY. | $3,500 |
COMPASS FAMILY SERVICES PURPOSE: TO SUPPORT THE ORGANIZATION'S MISSION TO HELP FAMILIES WHO ARE EXPERIENCING HOMELESSNESS AND THOSE WHO ARE AT RISK BECOME STABLY HOUSED, EMOTIONALLY AND PHYSICALLY HEALTHY, AND ECONOMICALLY SELF-SUFFICIENT. | $5,000 |
COYOTES LACROSSE CLUB INC PURPOSE: TO SUPPORT COYOTES LACROSSE CLUB, INC. IN ITS GOAL TO PROVIDE CHILDREN THE OPPORTUNITY TO LEARN AND PLAY THE GAME OF LACROSSE. | $10,000 |
EAST OAKLAND YOUTH DEVELOPMENT CENTER (EOYDC) PURPOSE: TO SUPPORT EOYDC IN DEVELOPING THE SOCIAL AND LEADERSHIP CAPACITIES OF YOUNG ADULTS SO THAT THEY ARE PREPARED FOR EMPLOYMENT, HIGHER EDUCATION, AND LEADERSHIP OPPORTUNITIES. | $5,000 |