Fredette Family Foundation is located in Provo, UT. The organization was established in 2012. 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. Fredette 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 10/2023, Fredette Family Foundation generated $106.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (8.5%) each year. All expenses for the organization totaled $149.4k during the year ending 10/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
KINDNESS PROGRAM FOR 50,000 STUDENTS. THE PROGRAM IS OPERATED IN 50 SCHOOLS IN 9 STATES AND MADE POSSIBLE WITH DONATED REVENUE AND GOODS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Blair Giles President & CEO | 40 | $50,400 | |
Albert Fredette Director | 10 | $0 | |
Robert Brough Director | 2 | $0 | |
Randy Christensen Director | 2 | $0 | |
Lindsay Peterson Treasurer | 1 | $0 | |
James Fredette Director | 10 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $106,016 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $106,016 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $54,256 |
| Professional fees and other payments to independent contractors | $80,209 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $11,505 |
| Total expenses | $149,365 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $108,474 |
| Other assets | $0 |
| Total assets | $108,474 |
| Total liabilities | $5,191 |
| Net assets or fund balances | $103,283 |
Over the last fiscal year, Fredette Family Foundation has awarded $4,755 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
FAMILY YMCA OF THE GLENS FALLS AREA PURPOSE: CASH GRANT | $200 |
CORINTH CENTRAL SCHOOL DISTRICT PURPOSE: PROVIDE SCHOOL LUNCHES | $535 |
PLEASANT GROVE CITY PURPOSE: CASH GRANT | $3,324 |
ALPINE SCHOOL DISTRICT PURPOSE: CASH GRANT | $696 |