Paige Fraser Foundation Inc is located in Bronx, NY. The organization was established in 2019. According to its NTEE Classification (A99) the organization is classified as: Arts, Culture & Humanities N.E.C., under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Paige Fraser 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 10/2023, Paige Fraser Foundation Inc generated $136.5k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 49.3% each year . All expenses for the organization totaled $134.5k during the year ending 10/2023. While expenses have increased by 50.1% per year over the past 5 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
SPRING, SUMMER AND WINTER DANCE PROGRAMS OPEN TO THE PUBLIC
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lesmah Fraser President/ceo | 0 | $0 | |
Linda C Lombardi Coo/treasurer | 0 | $0 | |
Michelle N Johnson ESQ Executive Vice President | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $136,543 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $136,543 |
| 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 | $1,240 |
| Travel, conferences, and meetings | $495 |
| Printing and publications | $344 |
| Other expenses | $103,158 |
| Total operating and administrative expenses | $119,086 |
| Contributions, gifts, grants paid | $15,391 |
| Total expenses and disbursements | $134,477 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $14,936 |
| 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 | $14,936 |
| 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 | $2,370 |
| Total liabilities | $2,370 |
Over the last fiscal year, Paige Fraser Foundation Inc has awarded $15,391 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
NEW YORK ACADEMY OF MEDICINE PURPOSE: TO PROVIDE GENERAL FINANCIAL SUPPORT FOR HEALTHCARE ORGANIZATIONS. | $3,651 |
NY COLLEGE OF HEALTH PROFESSIONALS PURPOSE: TO PROVIDE GENERAL FINANCIAL SUPPORT FOR HEALTHCARE ORGANIZATIONS. | $3,200 |
MUSEUM OF BROADWAY PURPOSE: TO PROVIDE GENERAL FINANCIAL SUPPORT FOR THE ARTS. | $740 |
OMARION BURKE PURPOSE: SCHOLARSHIP GRANT | $2,800 |
LEHMAN COLLEGE PURPOSE: SCHOLARSHIP GRANT | $5,000 |