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Femsa Foundation Inc. is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2024. The principal officer is Foundation Source. It holds total assets of $8.8M. Annual income is reported at $16M. Total assets have grown from N/A in 2023 to $8.8M in 2024. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2023 to 2024. According to available records, Femsa Foundation Inc. has made 16 grants totaling $7.1M, with a median grant of $478K. Individual grants have ranged from $13K to $1.3M, with an average award of $442K. The foundation has supported 15 unique organizations. The foundation primarily supports organizations in District of Columbia, Virginia, New York, which account for 56% of all grants. Grantmaking reaches organizations across 8 states. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Femsa Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 16 grants. Its grantmaking reaches organizations primarily in DC, VA, NY.
Femsa Foundation Inc. has distributed a total of $7.1M across 16 grants. The median grant size is $478K, with an average of $442K. Individual grants have ranged from $13K to $1.3M.
Femsa Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Femsa Foundation Inc. is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 8 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Helene S Cohen | Dir, Pres | $0 | $0 | N/A |
| Juan Fonseca Serratos | Dir, Sec | $0 | $0 | N/A |
| Alejandro Gil Ortiz | Dir | $0 | $0 | N/A |
| Year | Return Type | |
|---|---|---|
| 2024 | 990PF | — |
| 2023 | 990PF | View |
Total Giving
$7.1M
Total Assets
$8.8M
Fair Market Value
$8.8M
Net Worth
$8.8M
Grants Paid
$7.1M
Contributions
$16M
Net Investment Income
N/A
Distribution Amount
$463K
Total Grants
16
Total Giving
$7.1M
Average Grant
$442K
Median Grant
$478K
Unique Recipients
15
Most Common Grant
$500K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| INTER-AMERICAN DIALOGUEGeneral & Unrestricted | WASHINGTON, DC | $1.3M | 2024 |
| AVINA AMERICAS INCGeneral & Unrestricted | WASHINGTON, DC | $900K | 2024 |
| UNITED WAY WORLDWIDEGeneral & Unrestricted | ALEXANDRIA, VA | $680K | 2024 |
| UN HABITATthe development of the project Improving public spaces for early childhood development | NEW YORK, NY | $565K | 2024 |
| NATURE CONSERVANCYGeneral & Unrestricted | ARLINGTON, VA | $557K | 2024 |
| NESTAGeneral & Unrestricted | LONDON | $550K | 2024 |
| WORLD RESOURCES INSTITUTEGeneral & Unrestricted | BALTIMORE, MD | $500K | 2024 |
| SESAME WORKSHOPGeneral & Unrestricted | NEW YORK, NY | $456K | 2024 |
| GLOBAL WATER CHALLENGEGeneral & Unrestricted | ARLINGTON, VA | $341K | 2024 |
| FUNDACION UNITED WAY COLOMBIALAPIS project - Early Childhood Friendly Places | BOGOTA | $300K | 2024 |
| THE BOARD OF TRUSTEES OF THE LELAND STANFORD JUNIOGeneral & Unrestricted | STANFORD, CA | $150K | 2024 |
| WATER ORG INCGeneral & Unrestricted | KANSAS CITY, MO | $100K | 2024 |
| CHILDREN AND NATURE NETWORKGeneral & Unrestricted | SAINT PAUL, MN | $60K | 2024 |
| FRIENDS OF CATHOLIC UNIVERSITY IN CHILE INCGeneral & Unrestricted | NEW YORK, NY | $54K | 2024 |
| BIZ LAB INCGeneral & Unrestricted | MIAMI, FL | $13K | 2024 |