NonprofitsFoundation Financial Officers Group Inc

Philanthropy, Voluntarism & Grantmaking Foundations

Foundation Financial Officers Group Inc

MOUNT ROYAL, NJ

Total revenue

$1.4M

Total expenses

$1.3M

Net assets

$784K

Grants received

$450K

58 grants

EIN

651057720

Tax year

2024

Mission

To facilitate opportunities for the exchange of information and ideas, and to encourage networking, among its members to further their development as financial and investment leaders and foundation officers.

Programs

2 programs

Membership services; the group engages various committees and indepedent contractors to perform annual surveys on behalf of its members. These include surveys of members' investment practices, administrative expenses, and compensation practices. In addition, committees are responsible for developing content for and facilitating the exchange of ideas via the group's membership website.

Expenses: $129K

Committees - content, member engagement, research, and investment and administrative program committees designed to maintain content and collaboration on the group's website, manage member engagement, and enhance the level of discourse among members about investment and administrative topics.

Expenses: $72K

Financials

FY 2024

Revenue

Contributions & grants$87K
Program service revenue$1.2M
Investment income$38K
Other revenue
Total revenue$1.4M

Expenses

Grants paid
Salaries & benefits
Fundraising
Other expenses$1.3M
Total expenses$1.3M
Total assets$998K
Net assets$784K

People

17 listed

NameRoleCompensation

JEFFREY MALLOY

PRESIDENT (THROUGH 10/18/24)

Board

10 hrs/wk

TIM OTTO

TRSR/PRES ELECT (THROUGH 10/18/24)

Board

3 hrs/wk

TIM ORTEZ

SECRETARY

Board

3 hrs/wk

VALERIE MARTIN

TREASURER(BEG 10/18/24)

Board

3 hrs/wk

JENNIFER DEGER

DIRECTOR/TTEE (THROUGH 10/18/24)

Board

1 hrs/wk

KENNETH JONES II

DIRECTOR/TTEE (THROUGH 10/18/24)

Board

1 hrs/wk

JOYCE LEE

DIRECTOR/TTEE (THROUGH 10/18/24)

Board

1 hrs/wk

MARLOW KEE

DIRECTOR/TRUSTEE

Board

1 hrs/wk

WILLIAM MOON

DIRECTOR/TRUSTEE

Board

1 hrs/wk

STEPHEN WEBSTER

DIRECTOR/TRUSTEE

Board

1 hrs/wk

ADEN BLISS

DIRECTOR/TRUSTEE

Board

1 hrs/wk

CAREY CHAMBERS

DIRECTOR/TRUSTEE

Board

1 hrs/wk

CHRISTY UTBERG

DIRECTOR/TRUSTEE

Board

1 hrs/wk

MARK RICH

DIRECTOR/TRUSTEE

Board

1 hrs/wk

MATT AGUIAR

DIRECTOR/TTEE (BEG 10/18/24)

Board

1 hrs/wk

ELIZABETH BANKS

DIRECTOR/TTEE (BEG 10/18/24)

Board

1 hrs/wk

MARIA WOODRUFF-WRIGHT

DIRECTOR/TTEE (BEG 10/18/24)

Board

1 hrs/wk

Independent contractors

TALLEY MANAGEMENT GROUP

ASSC MANAGEMENT SVCS

$337K

Grants received

Showing 58 of 58

FromAmountPurposeYear
$10K
OPERATING SUPPORT
2024
$10K
TO PROVIDE GENERAL OPERATING SUPPORT.
2024
$6K
General Operating Support
2024
$5K
for 2024 membership
2024
$4K
Foundation Financial Officers Group Membership 2024-25
2024
$3K
2024 VICE PRESIDENT DISCRETIONARY GRANT
2024
$2K
PHILANTHROPIC SUPPORT GRANT JULY 1, 2024 - JUNE 30, 2025
2024
$500
2025 Membership Dues
2024
$46K
FOR 2023 MEMBERSHIP DUES ($6,200) AND GENERAL SUPPORT ($40,000)
2023
$25K
CAPACITY BUILDING SUPPORT
2023
$25K
GENERAL OPERATING SUPPORT
2023
$25K
FOR GENERAL SUPPORT OF OPERATIONS AND ANNUAL SURVEYS
2023
$10K
TO SUPPORT THE ORGANIZATION'S ANNUAL FUNDRAISING CAMPAIGN, AS THE ORGANIZATION WORKS TO PROVIDE RESOURCES TO FINANCIAL OFFICERS OPERATING IN THE FOUNDATION/NONPROFIT SECTOR.
2023
$10K
For grant recipient's exempt purposes
2023
$6K
FOR 2024 MEMBERSHIP DUES
2023
$5K
For 2023 membership
2023
$4K
SUPPORT FOR 2024 MEMBER SERVICES
2023
$4K
Membership Grants
2023
$4K
for General Operating Support for 2023 Membership Dues
2023
$3K
FOR GENERAL OPERATING SUPPORT.
2023
$3K
2023 VICE PRESIDENT DISCRETIONARY GRANT
2023
$2K
PHILANTHROPIC SUPPORT GRANT JULY 1, 2023 - JUNE 30, 2024
2023
$2K
INDUSTRY SUPPORT
2023
$2K
General support
2023
$80K
FOR GENERAL SUPPORT
2022
$50K
FOR GENERAL OPERATING SUPPORT
2022
$5K
For 2022 membership
2022
$4K
for General Operating Support for 2022 Membership Dues
2022
$4K
Membership Grants
2022
$3K
SUPPORT FOR 2023 MEMBER SERVICES
2022
$3K
TOWARDS A CAPITAL CAMPAIGN TO IMPROVE THE FAMILY PARTNERSHIP CENTER IN POUGHKEEPSIE.
2022
$2K
PHILANTHROPIC SUPPORT GRANT JULY 1, 2022 - JUNE 30, 2023
2022
$2K
INDUSTRY SUPPORT
2022
$2K
2022 Membership
2022
$2K
FOUNDATION FINANCIAL OFFICERS GROUP MEMBERSHIP 2022
2022
$50
2023 MEMBERSHIP
2022
$25K
GENERAL OPERATING SUPPORT
2021
$5K
for 2021 membership
2021
$5K
for 2021 membership
2021
$3K
Discretionary
2021
$2K
SUPPORT FOR 2022 MEMBER SERVICES
2021
$2K
GENERAL SUPPORT
2021
$2K
PHILANTHROPIC SUPPORT GRANT JULY 1, 2021 - JUNE 30, 2022
2021
$5K
Membership Grants
2020
$4K
for General Operating Support for 2020 Membership Dues
2020
$4K
for General Operating Support for 2020 Membership Dues
2020
$4K
For 2020 membership
2020
$4K
For 2020 membership
2020
$3K
MEMBERSHIP CONTRIBUTION
2020
$2K
PHILANTHROPIC SUPPORT GRANT JULY 1, 2020 - JUNE 30, 2021
2020
$2K
For general operating support.
2020
$2K
SUPPORT FOR INDIVIDUAL MEMBER SERVICES
2020
$2K
General support
2020
$2K
for General Operating Support in Response to COVID-19
2020
$2K
for General Operating Support in Response to COVID-19
2020
$500
SUPPORT FOR 2021 MEMBER SERVICES
2020
$500
SUPPORT FOR 2020 MEMBER SERVICES
2020

Funded by

$450K from 23 funders · 58 grants · 2020–2024

The Heising-Simons Foundation

$126K · 2 grants · 2022–2023

Weingart Foundation

$62K · 8 grants · 2020–2023

The McKnight Foundation

$31K · 7 grants · 2020–2024

Margaret A Cargill Foundation

$25K · 1 grant · 2023

The Ralph M Parsons Foundation

$25K · 1 grant · 2023

Houston Endowment Inc

$25K · 7 grants · 2020–2024

The Joyce Foundation

$13K · 3 grants · 2020–2023

Details

EIN651057720
NTEE codeT03
Subsection03
Ruling date2002-11
Formed2000
Employees0
Volunteers58
FOUNDATION FINANCIAL OFFICERS GROUP INC — Mission, Financials & Grants Received | Grantivo