NonprofitsFriends Of Ufm Inc

Philanthropy, Voluntarism & Grantmaking Foundations

Friends Of Ufm Inc

MCLEAN, VA

Total revenue

$686K

Total expenses

$690K

Net assets

$17K

Grants received

$3.6M

28 grants

EIN

272852264

Tax year

2024

Mission

To support the work of universidad francisco marroquin of guatemala city, guatemala ... ...to teach and disseminate the ethical, legal, and economic principles of a society of free and responsible persons.

Programs

3 programs

Antigua forum gathers political reformers, entrepreneurs, and experts from around the world to work on projects that find real solutions to real problems. At each event, participants from up to two dozen countries work in small groups, guided by trained facilitators, to help project owners come up with concrete action plans. There are no lectures, just productive encounters.

Expenses: $72KGrants: $72K

Other programs and one-time projects: friends provides support to administer other programs and one-time or special project support to ufm. Friends made general support grants of $217,516 in the year ended december 31, 2024, to ufm to be administered by the ufm president's office at the discretion of the ufm president. Friends also made a $82,800 grant in the year ended december 31, 2024, to ufm to support the gis next great adventure ("nga") fellowship, in honor to giancarlo ibargen segovia. Friends made grants totaling $37,996 for a program operated by ufm actonmba as an opportunity to differentiate ufm from all other universities that claim to support entrepreneurship. Friends made a grant of $59,800 to ufm for their reform watch. In addition, during 2024, friends made $9,342 in other small grants to ufm for other programs and projects.

Expenses: $407KGrants: $407K

Learning innovation center: this is a program where friends supports within ufm's centro henry hazlitt to conduct workshops for ufm faculty and students on different teaching, collaboration, and facilitation methodologies.

Expenses: $1KGrants: $1K

Financials

FY 2024

Revenue

Contributions & grants$685K
Program service revenue
Investment income$68
Other revenue$378
Total revenue$686K

Expenses

Grants paid$607K
Salaries & benefits
Fundraising$3K
Other expenses$83K
Total expenses$690K
Total assets$33K
Net assets$17K

People

4 listed

NameRoleCompensation

DANIEL GREEN

TREASURER/SECRETARY

Board

2 hrs/wk

RODOLFO MILANI

PRESIDENT

Board

2 hrs/wk

HUGO DIAZ

DIRECTOR

Board

2 hrs/wk

LUIS ANTONIO SAMAYOA

DIRECTOR

Board

2 hrs/wk

Grants received

Showing 28 of 28

FromAmountPurposeYear
$100K
GENERAL SUPPORT
2024
$90K
SUPPORT THE WORK OF THE UNIVERSIDAD FRANCISCO MARROQUIN OF GUATEMALA CITY, GUATEMALA TO TEACH AND DISSEMINATE THE ETHICAL, LEGAL, AND ECONOMIC PRINCIPLES OF A SOCIETY OF A FREE AND RESPONSIBLE PEOPLE.
2024
$10K
General Administration
2024
$344K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$60K
Economic Education
2023
$40K
SUPPORT THE WORK OF THE UNIVERSIDAD FRANCISCO MARROQUIN OF GUATEMALA CITY, GUATEMALA TO TEACH AND DISSEMINATE THE ETHICAL, LEGAL, AND ECONOMIC PRINCIPLES OF A SOCIETY OF A FREE AND RESPONSIBLE PEOPLE.
2023
$25K
FOR GENERAL SUPPORT
2023
$10K
General Administration
2023
$10K
GENERAL SUPPORT
2023
$210K
FOR RECIPIENT'S EXEMPT PURPOSE
2022
$60K
Economic Education
2022
$25K
FOR GENERAL SUPPORT
2022
$10K
GENERAL SUPPORT
2022
$10K
General Administration
2022
$434K
For recipient's exempt purpose
2021
$7K
PUBLIC, SOCIETAL BENEFIT
2021
$1K
GENERAL PURPOSE
2021
$1.5M
FOR RECIPIENT'S EXEMPT PURPOSE
2020
$90K
Education
2020
$76K
for general operations
2020
$76K
ORGANIZATIONS OPERATIONS
2020
$10K
General Administration
2020
$100
for the Antigua Forum
2020
$10K
General Administration
2019
$417K
GENERAL SUPPORT
2018
$3K
ORGANIZATIONS OPERATIONS
2018

Funded by

$3.6M from 12 funders · 28 grants · 2018–2024

Vanguard Charitable Endowment Program

$2.4M · 4 grants · 2020–2023

El Roble Azul Foundation

$417K · 1 grant · 2018

Ed Foundation

$199K · 5 grants · 2018–2024

Atlas Economic Research Foundation

$180K · 3 grants · 2021–2023

Acton School Of Business

$130K · 2 grants · 2023–2024

Charles Koch Institute

$90K · 1 grant · 2020

Donors Trust Inc

$76K · 2 grants · 2020

John Templeton Foundation

$50K · 2 grants · 2022–2023

Details

EIN272852264
NTEE codeT50
Subsection03
Ruling date2011-02
Formed2011
Employees0
Volunteers5
FRIENDS OF UFM INC — Mission, Financials & Grants Received | Grantivo