U Foundation

Organization Overview

U Foundation is located in Friendswood, TX. The organization was established in 2020. 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. U 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 12/2021, U Foundation generated $1.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (39.2%) each year. All expenses for the organization totaled $23.9k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

N/A


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $118
Dividends & Interest $1,008
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 $1,126

Grants Recieved

Over the last fiscal year, we have identified 1 grants that U Foundation has recieved totaling $3,000.

Awarding OrganizationAmount
Kayser Foundation

Houston, TX

PURPOSE: SUPPORT OF A PROGRAM THAT HELPS FUND RESEARCH AND PROVIDES HOPE RELATED TO INFLAMMOTORY BREAST CANCER.

$3,000
View Grant Recipient Profile

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