Friends Of The Stanford Daily Foundation

Organization Overview

Friends Of The Stanford Daily Foundation is located in Stanford, CA. The organization was established in 1991. According to its NTEE Classification (T11) the organization is classified as: Single Organization Support, 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. Friends Of The Stanford Daily 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 06/2021, Friends Of The Stanford Daily Foundation generated $95.1k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $54.9k during the year ending 06/2021. While expenses have increased by 2.5% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE MISSION OF THE ORGANIZATION IS TO SUPPORT OR CONDUCT ACTIVITIES FOR THE BENEFIT OF OR TO CARRY OUT THE PURPOSES OF THE STANFORD DAILY PUBLISHING CORPORATION, A NONPROFIT 501(C)(3) ORGANIZATION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

DIGITIZATION OF ALL STANFORD DAILY'S SINCE 1898 AND MAKE THEM AVAILABLE ONLINE TO HELP SUPPORT THE STANFORD DAILY'S DIGITAL PRESENCE. THE FRIENDS PAID FOR THIS MULTI-STEP PROCESS WORKING WITH SEVERAL VENDORS. THE STANFORD LIBRARY PROVIDED TECHNICAL ASSISTANCE ON THIS PROJECT.


SCHOLARSHIPS AND SUMMER INTERNSHIPS FOR RECIPIENTS OF JOURNALISM SCHOLARSHIPS THAT PROMOTE EXCELLENCE IN JOURNALISTIC EDITING AND IN JOURNALISTIC WRITING.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$37,473
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$37,473
Total Program Service Revenue$0
Investment income $18,891
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $38,721
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $95,085

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Friends Of The Stanford Daily Foundation has recieved totaling $20,000.

Awarding OrganizationAmount
$20,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$147,827
Net Contributions$1,750
Ending Balance$149,577

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