Austin And Lauren Fite Foundation Co De Registered Agents & Incorporators
- Assets
- $0.0
- Revenue
- $189.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Newark, DE
- Founding
- 04/2015
- Data as of
- 12/2020
- EIN
- 46-0869640
Organization Overview
Austin And Lauren Fite Foundation Co De Registered Agents & Incorporators is located in Newark, DE. The organization was established in 2015. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations.
For the year ending 12/2020, Austin And Lauren Fite Foundation Co DE Registered Agents & Incorporators generated $189.7k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 16.0% each year . All expenses for the organization totaled $570.4k during the year ending 12/2020. While expenses have increased by 4.9% per year over the past 6 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 2014, Austin And Lauren Fite Foundation Co DE Registered Agents & Incorporators has awarded 203 individual grants totaling $3,853,829. 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 |
|---|---|---|---|
A Austin Fite Director | 4 | $0 | |
Lauren Fite Director | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $26,878 |
| Dividends & Interest | $36,122 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $123,503 |
| Capital Gain Net Income | $123,503 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $3,216 |
| Total Revenue | $189,719 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $749 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $25,343 |
| Total operating and administrative expenses | $26,092 |
| Contributions, gifts, grants paid | $544,275 |
| Total expenses and disbursements | $570,367 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $0 |
| Total assets | $0 |
| 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, Austin And Lauren Fite Foundation Co De Registered Agents & Incorporators has awarded $544,275 in support to 36 organizations.
| Grant Recipient | Amount |
|---|---|
KCRW PURPOSE: FINANCIAL SUPPORT | $10,000 |
GEORGE WASHINGTON UNIVERSITY PURPOSE: FINANCIAL SUPPORT | $85,000 |
GALS PURPOSE: FINANCIAL SUPPORT | $15,000 |
KEHILLAT ISRAEL PURPOSE: FINANCIAL SUPPORT | $12,375 |
SOUTHERN CALIFORNIA PUBLIC RADIO PURPOSE: FINANCIAL SUPPORT | $10,000 |
MERCY CORPS PURPOSE: FINANCIAL SUPPORT | $10,000 |