NonprofitsFounders Fund Inc

Unclassified

Founders Fund Inc

NAPLES, FL

Total revenue

$445K

Total expenses

$646K

Net assets

$3.9M

Grants received

$1.1M

43 grants

EIN

650327093

Tax year

2024

Mission

The Organization provides student scholarships for post secondary education to individuals of Collier County, Florida, based on merit and need.

Financials

FY 2024

Revenue

Contributions & grants$183K
Program service revenue
Investment income$262K
Other revenue
Total revenue$445K

Expenses

Grants paid$547K
Salaries & benefits
Fundraising
Other expenses$99K
Total expenses$646K
Total assets$3.9M
Net assets$3.9M

People

18 listed

NameRoleCompensation

Philip Clay

Trustee

Board

1 hrs/wk

Sue Jerovsek

Trustee

Board

1 hrs/wk

Sam Duboc

Trustee

Board

1 hrs/wk

Amy Hill

Treasurer

Board

4 hrs/wk

Mary Carlson

Trustee

Board

1 hrs/wk

Karen Hindman

Trustee

Board

1 hrs/wk

Michael Balgord

Chairman

Board

4 hrs/wk

Donna Issenmann

Trustee

Board

1 hrs/wk

Elizabeth Lerner

Trustee

Board

1 hrs/wk

Greg Stakosch

Trustee

Board

1 hrs/wk

Patricia Scoville

Trustee

Board

1 hrs/wk

Edward Swan

Trustee

Board

1 hrs/wk

Jim Morrisey

Trustee

Board

1 hrs/wk

Tom White

Trustee

Board

1 hrs/wk

Richard Gale

Trustee

Board

1 hrs/wk

Linda Tyson

Trustee

Board

1 hrs/wk

Cindy Schappert

Trustee

Board

1 hrs/wk

Stacy Lee-Williams

Fund Dir/Secretary

Board

40 hrs/wk

Grants received

Showing 43 of 43

FromAmountPurposeYear
$28K
CONTRIBUTIONS TO ALL RECIPIENTS WERE MADE TO FURTHER THE ACTIVITIES AND PROGRAMS FOR WHICH THEY WERE ACCORDED TAX EXEMPT STATUS UNDER IRC SECTION 501( C)(3).
2024
$16K
COMMUNITY & HUMAN SERVICES
2024
$300
CHARTIABLE
2024
$129K
For grant recipient's exempt purposes
2023
$55K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$25K
HUMAN SERVICES
2023
$25K
To support scholarships for students in Southwest Florida
2023
$6K
General support for programs, operations and other charitable purposes
2023
$35K
For grant recipient's exempt purposes
2022
$26K
COMMUNITY & HUMAN SERVICES
2022
$25K
TO SUPPORT THE SCHOLARSHIP FUND SERVING STUDENTS FROM LOW-INCOME FAMILIES
2022
$10K
GENERAL PURPOSES
2022
$7K
For general support
2022
$1K
CONTRIBUTIONS TO ALL RECIPIENTS WERE MADE TO FURTHER THE ACTIVITIES AND PROGRAMS FOR WHICH THEY WERE ACCORDED TAX EXEMPT STATUS UNDER IRC SECTION 501( C)(3).
2022
$66K
For grant recipient's exempt purposes
2021
$66K
For grant recipient's exempt purposes
2021
$31K
For recipient's exempt purpose
2021
$37K
For grant recipient's exempt purposes
2020
$25K
SUPPORT TOWARD SCHOLARSHIP FUND SERVING STUDENTS FROM LOW INCOME POPULATION
2020
$25K
FOR RECIPIENT'S EXEMPT PURPOSE
2020
$10K
PROGRAM SUPPORT
2020
$3K
CONTRIBUTIONS TO ALL RECIPIENTS WERE MADE TO FURTHER THE ACTIVITIES AND PROGRAMS FOR WHICH THEY WERE ACCORDED TAX EXEMPT STATUS UNDER IRC SECTION 501( C)(3).
2020
$14K
For grant recipient's exempt purposes
2019
$6K
For grant recipient's exempt purposes
2018
$5K
GENERAL USE
2018
$120
GENERAL SUPPORT
2018
$37K
SOCIAL SERVICES/SOCIAL BENEFITS
2017
$36K
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
2017

Funded by

$1.1M from 17 funders · 43 grants · 2017–2024

Fidelity Investments Charitable Gift Fund

$389K · 8 grants · 2017–2023

Donor Advised Charitable Giving Inc

$360K · 7 grants · 2017–2023

Vanguard Charitable Endowment Program

$111K · 3 grants · 2020–2023

National Philanthropic Trust

$76K · 4 grants · 2019–2023

Pulte Family Charitable Foundation

$75K · 3 grants · 2020–2023

The Ayco Charitable Foundation

$42K · 2 grants · 2022–2024

The John Levy And Gail Rothenberg

$32K · 3 grants · 2020–2024

American Endowment Foundation

$20K · 3 grants · 2020–2024

Details

EIN650327093
NTEE codeZ99Z
Subsection03
Ruling date1993-05
Formed1991
Employees0
Volunteers30
FOUNDERS FUND INC — Mission, Financials & Grants Received | Grantivo