Feist Family Foundation Inc
- Assets
- $988.3k
- Revenue
- $32.3k
- Investments
- $682.0k
- Employees
- 0
- Location
- Missoula, MT
- Founding
- 01/1984
- Data as of
- 12/2023
- EIN
- 47-0859471
Organization Overview
Feist Family Foundation Inc is located in Missoula, MT. The organization was established in 1984. 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. Feist Family Foundation Inc 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, Feist Family Foundation Inc generated $32.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (15.6%) each year. All expenses for the organization totaled $102.0k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (6.8%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stanley J Feist President | 10 | $0 | |
Sheldon R Feist Vice President | 0 | $0 | |
Jodie L Feist Treasurer | 0 | $0 | |
Jeff Kendrick Secretary | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $6,649 |
| Dividends & Interest | $15,372 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $10,249 |
| Capital Gain Net Income | $10,249 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $32,270 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $16,633 |
| Contributions, gifts, grants paid | $85,387 |
| Total expenses and disbursements | $102,020 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $242,796 |
| 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 | $62,530 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $681,963 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $1,008 |
| Total assets | $988,297 |
| 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, Feist Family Foundation Inc has awarded $95,100 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
LOYOLA SACRED HEART FOUNDATION PURPOSE: YOUTH EDUCATION | $10,000 |
MISSOULA CHILDRENS THEATER PURPOSE: YOUTH COMMUNITY THEATERSUPPORT MISSION HOUSE | $8,100 |
UNIVERSITY OF MONTANA FOUNDATION PURPOSE: SUPPORT UNIVERSITY STUDENT PROGRAMS | $77,000 |