Unfi Foundation
- Assets
- $768.3k
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 0
- Location
- Providence, RI
- Founding
- 08/2012
- Data as of
- 07/2023
- EIN
- 45-5023490
Organization Overview
Unfi Foundation is located in Providence, RI. 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. Unfi 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 07/2023, Unfi Foundation generated $1.5m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 10.3% each year . All expenses for the organization totaled $1.3m during the year ending 07/2023. While expenses have increased by 9.2% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Unfi Foundation has awarded 629 individual grants totaling $9,073,088. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE UNFI FOUNDATION IS COMMITTED TO INSPIRING BETTER FOOD SYSTEMS AND NURTURING EVERYDAY HEALTH IN OUR COMMUNITIES. WE SUPPORT ORGANIZATIONS THAT: INCREASE THE SUPPLY OF ORGANIC FOOD (11 ENTITIES AND $155,000); IMPROVE ACCESS TO FRESH, HEALTHY FOOD FOR VULNERABLE POPULATIONS (48 ENTITIES AND $790,000); AND, ADVANCE CHILDHOOD NUTRITION EDUCATION (7 ENTITIES AND $85,000).
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matt Echols Chairman | 5 | $0 | |
Jeffrey Fontaine Treasurer | 5 | $0 | |
Robert Knychalski Secretary | 5 | $0 | |
Michael Funk Director | 0.25 | $0 | |
Tom Dziki Director | 0.25 | $0 | |
Andrew Hull Director | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,322,353 |
| 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 | $175,000 |
| Total Revenue | $1,497,353 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $82,162 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $205,783 |
| Total operating and administrative expenses | $317,097 |
| Contributions, gifts, grants paid | $1,030,000 |
| Total expenses and disbursements | $1,347,097 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $742,029 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $20,000 |
| 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 | $6,300 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $768,329 |
| Accounts payable and accrued expenses | $20,950 |
| 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 | $20,950 |
Grants Awarded
Over the last fiscal year, Unfi Foundation has awarded $1,030,000 in support to 66 organizations.
| Grant Recipient | Amount |
|---|---|
AGRICULTURE AND LAND BASED TRAINING ASSOCIATION PURPOSE: INCREASE THE SUPPLY OF ORGANIC FOOD | $15,000 |
ALCHEMIST CDC PURPOSE: IMPROVE ACCESS TO FRESH, HEALTHY FOOD FOR VULNERABLE POPULATIONS | $10,000 |
ALL RELATIONS UNITED PURPOSE: IMPROVE ACCESS TO FRESH, HEALTHY FOOD FOR VULNERABLE POPULATIONS | $15,000 |
ALL SAINTS INDIAN MISSION PURPOSE: IMPROVE ACCESS TO FRESH, HEALTHY FOOD FOR VULNERABLE POPULATIONS | $10,000 |
ANGELIC ORGANICS LEARNING CENTER INC PURPOSE: INCREASE THE SUPPLY OF ORGANIC FOOD | $10,000 |
CCOF FOUNDATION PURPOSE: INCREASE THE SUPPLY OF ORGANIC FOOD | $25,000 |