Captain Connor J Bednarzyk Usa Memorial Fund, operating under the name Five Foundation, is located in Doylestown, PA. The organization was established in 2019. According to its NTEE Classification (W30) the organization is classified as: Military & Veterans Organizations, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Five Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
CPT CONNOR J BEDNARZYK, USA, MEMORIAL FUND IS A NONPROFIT CHARITABLE ORGANIZATION THAT STRENGTHENS THE COMMUNITY THROUGH ITS SOCIAL ENGAGEMENT, EDUCATION, AND FUNDRAISING. OUR FOCUS IS TO ENCOURAGE AND ASSIST INDIVIDUALS INCLUDING, BUT NOT LIMITED TO, THOSE WHO WILL SERVE, ARE SERVING, OR HAVE SERVED OUR COUNTRY BY ENLISTING IN THE ARMED FORCES OF THE UNITED STATES WHILE ALSO AIMING TO MOTIVATE AND INSTILL LEADERSHIP QUALITIES IN THOSE SAME INDIVIDUALS IN THE MEMORY OF CONNOR J. BEDNARZYK. THE PURPOSES OF THE FOUNDATION WILL INCLUDE THE IMPLEMENTATION OF PROGRAMS, PROJECTS, AND STRATEGIES TO PROVIDE HIGH SCHOOL SCHOLARSHIPS, GRANTS TO OTHER NONPROFIT CORPORATIONS AIDING VETERANS WITH PTSD, AND OFFER SUPPORT TO THOSE PARTICIPATING IN RANGER TRAINING PHASES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2022 THE ORGANIZATION GRANTED 5 COLLEGE SCHOLARSHIPS TO VETERANS OR CURRENT SERVICE MEMBERS TOTALING $32,500.
THE ORGANIZATION MADE GRANTS TO MISSION 22 FOR $18,311, ARCHPARISH OF PHILADELPHIA FOR UKRAINE HUMANITARIAN SUPPORT FOR $2,000, CENTRAL BUCKS EAST HIGH SCHOOL - OPERATION ETERNAL GRATITUDE FOR $1,000, AND SHAMROCK REINES FOR $10,000.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Thomas Corrigan President | OfficerTrustee | 2 | $0 |
Kevin Bednarzyk Vice President | OfficerTrustee | 2 | $0 |
Erich Schmidt Treasurer | OfficerTrustee | 2 | $0 |
Kenny B Bauer Secretary | OfficerTrustee | 2 | $0 |
Matthew Corrigan Member | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $55,475 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $32,822 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $88,297 |
Total Program Service Revenue | $0 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $88,297 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $31,311 |
Grants and other assistance to domestic individuals. | $32,500 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $198 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $102,545 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $35,606 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $1,114 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $36,720 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $36,720 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $36,720 |