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Fnz Foundation Inc. is a private trust based in GREENSBORO, NC. The foundation received its IRS ruling in 1996. The principal officer is James D Klau. It holds total assets of $5.6M. Annual income is reported at $2.5M. The foundation is governed by 5 officers and trustees. See attached list. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2017 to 2023. According to available records, Fnz Foundation Inc. has made 3 grants totaling $1.2M, with a median grant of $409K. Annual giving has grown from $398K in 2020 to $819K in 2022. Individual grants have ranged from $398K to $409K, with an average award of $406K. Grant recipients are concentrated in North Carolina. Contributions to this foundation are tax-deductible.
See attached list
See attached list. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in NC.
Fnz Foundation Inc. has distributed a total of $1.2M across 3 grants. The median grant size is $409K, with an average of $406K. Individual grants have ranged from $398K to $409K.
Fnz Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Fnz Foundation Inc. is headquartered in GREENSBORO, NC.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Ken Shahbaz | DIRECTOR | $0 | $0 | N/A |
| Phyllis K Tanenbaum | DIRECTOR | $0 | $0 | N/A |
| Susan J Klau | DIRECTOR | $0 | $0 | N/A |
| Susan Klau | PRESIDENT | $0 | $0 | N/A |
| James R Klau | DIRECTOR | $0 | $0 | N/A |
Total Giving
$520K
Total Assets
$5.9M
Fair Market Value
$8.9M
Net Worth
$5.9M
Grants Paid
$390K
Contributions
N/A
Net Investment Income
$139K
Distribution Amount
$409K
Total: $3.4M
Total Grants
3
Total Giving
$1.2M
Average Grant
$406K
Median Grant
$409K
Unique Recipients
1
Most Common Grant
$409K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| See Attached ListingSEE DATA ATTACHED | Greensboro, NC | $409K | 2022 |