Frye Foundation is located in Lake Forest, IL. The organization was established in 1954. 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. Frye 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, Frye Foundation generated $45.9k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $7.8k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (23.7%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Frye President Director | 0 | $0 | |
Marilyn Barrett Vptreasurer Director | 0 | $0 | |
Andrew Barrett Director | 0 | $0 | |
Lori Preston Secretary Director | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $4 |
| Dividends & Interest | $12,850 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $33,050 |
| Capital Gain Net Income | $33,050 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $45,904 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $892 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $30 |
| Total operating and administrative expenses | $7,832 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $7,832 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $23,388 |
| 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 | $1,620 |
| Total assets | $507,124 |
| 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 |
Over the last fiscal year, Frye Foundation has awarded $15,050 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
MILWAUKEE RESCUE MISSI PURPOSE: GENERAL FUND RAISING | $500 |
COOGAN CHAIR OF IMMUN PURPOSE: GENERAL FUND RAISING | $1,000 |
NORTH SHORE CONGREGATION PURPOSE: GENERAL FUND RAISING | $600 |
SALVATION ARMY PURPOSE: GENERAL FUND RAISING | $600 |
CHURCH OF THE HOLY SPIRIT PURPOSE: GENERAL FUND RAISING | $1,700 |
MILLS COLLEGE PURPOSE: GENERAL FUND RAISING | $1,875 |