Froelich Family Foundation
- Assets
- $2.9m
- Revenue
- $457.5k
- Investments
- $2.9m
- Employees
- 0
- Location
- Skaneateles, NY
- Founding
- 11/2014
- Data as of
- 12/2023
- EIN
- 47-1750161
Organization Overview
Froelich Family Foundation is located in Skaneateles, NY. The organization was established in 2014. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Froelich 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.
Since 2015, Froelich Family Foundation has awarded 212 individual grants totaling $1,490,095. 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 |
|---|---|---|---|
Craig A Froelich President | 0.25 | $0 | |
Barbara S Froelich Secretary | 0.25 | $0 | |
Jakob S Froelich Director | 0 | $0 | |
Matthew C Froelich Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $237,394 |
| Interest on Savings | $19,043 |
| Dividends & Interest | $64,938 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $136,119 |
| Capital Gain Net Income | $136,119 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $457,494 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $765 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $16,384 |
| Total operating and administrative expenses | $22,949 |
| Contributions, gifts, grants paid | $137,500 |
| Total expenses and disbursements | $160,449 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $66,171 |
| 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 | $2,877,000 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,943,171 |
| 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, Froelich Family Foundation has awarded $137,500 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN BRAIN TUMOR ASSOCIATION PURPOSE: SUPPORT FOR BRAIN TUMORS | $2,500 |
AMERICAN RED CROSS PURPOSE: SUPPORT OF DISASTER RELIEF | $15,000 |
BE THE MATCH PURPOSE: SUPPORT FOR BLOOD CANCER | $2,500 |
DIABETES ACTION PURPOSE: SUPPORT FOR DIABETES | $5,000 |
FIVER CHILDREN'S FOUNDATION PURPOSE: SUPPORT FOR YOUTH DEVELOPMENT PROGRAM | $2,500 |
IN MY FATHER'S KITCHEN PURPOSE: FOOD FOR NEEDY | $15,000 |