The Lynn And Foster Friess Family Foundation
- Assets
- $74.7m
- Revenue
- $6.5m
- Investments
- $105.0
- Employees
- 0
- Location
- Jackson, WY
- Founding
- 10/1981
- Data as of
- 04/2020
- EIN
- 51-0260302
The Lynn And Foster Friess Family Foundation Overview
The Lynn And Foster Friess Family Foundation is located in Jackson, WY. The organization was established in 1981. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.
For the year ending 04/2020, Lynn And Foster Friess Family Foundation generated $6.5m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 18.1% each year . All expenses for the organization totaled $4.5m during the year ending 04/2020. You can explore the organizations financials more deeply in the financial statements section below.
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The Lynn And Foster Friess Family Foundation Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Foster S Friess Pres./v.p. | 10 | $0 | |
Lynnette E Friess Sec./treas. | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $723,466 |
| Dividends & Interest | $696,885 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $5,113,017 |
| Capital Gain Net Income | $5,113,017 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $6,533,368 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $55,000 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $122,418 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $818,176 |
| Total operating and administrative expenses | $1,000,234 |
| Contributions, gifts, grants paid | $3,500,000 |
| Total expenses and disbursements | $4,500,234 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $74,749,260 |
| 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 | $74,749,365 |
| Accounts payable and accrued expenses | $12,604 |
| 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 | $73,783 |
| Total liabilities | $86,387 |
The Lynn And Foster Friess Family Foundation Grants Awarded
Over the last fiscal year, The Lynn And Foster Friess Family Foundation has awarded $3,609,086 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
NATIONAL CHRISTIAN FOUNDATION PURPOSE: GENERAL CHARITABLE | $2,500,000 |
COMMUNITY BIBLE CHURCH PURPOSE: BUILDING AND LEASE | $794,205 |
JACKSON HOLE CLASSICAL ACADEMY PURPOSE: PROPERTY LEASE | $264,735 |
Jackson, WY PURPOSE: SCHOOL FURNISHINGS AND EQUIPMENT | $31,519 |
Jackson, WY PURPOSE: GENERAL CHARITABLE | $18,627 |
The Lynn And Foster Friess Family Foundation Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Biblica Inc Colorado Springs, CO | $10,429,649 | $15,785,516 |
Community Bible Study Colorado Springs, CO | $14,576,311 | $13,392,069 |
Youth For Christ International Ministries Englewood, CO | $7,359,781 | $13,249,220 |
Cadence International Englewood, CO | $7,318,551 | $11,222,007 |
Evangelical Lutheran Good Samaritan Foundation Sioux Falls, SD | $93,022,429 | $5,314,419 |
Summit Ministries Inc Manitou Springs, CO | $12,513,563 | $6,901,949 |
Messenger International Inc Palmer Lake, CO | $6,208,879 | $7,054,114 |
Community Development Inc Garden City, ID | $32,431,771 | $6,684,724 |
Group Cares Fort Collins, CO | $3,762,364 | $5,617,937 |
Youth With A Mission Of Montana A Corporation Lakeside, MT | $4,211,244 | $6,186,840 |
St Vincent Healthcare Foundation Billings, MT | $72,707,653 | $8,296,710 |
The Officers Christian Fellowship Of The United States Of America Englewood, CO | $18,309,537 | $5,249,493 |
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