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Also known as: EDUCATION FOUNDATION
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Friends Of Fridley Education Foundation is a private corporation based in FRIDLEY, MN. The foundation received its IRS ruling in 2014. It holds total assets of $627K. Annual income is reported at $282K. Total assets have grown from N/A in 2014 to $663K in 2022. The foundation is governed by 2 officers and trustees. The foundation operates in the area of education. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2017 to 2022. According to available records, Friends Of Fridley Education Foundation has made 10 grants totaling $140K, with a median grant of $5K. Annual giving has grown from $42K in 2020 to $98K in 2022. Individual grants have ranged from $1K to $42K, with an average award of $14K. The foundation has supported 4 unique organizations. Grant recipients are concentrated in Minnesota. 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.
Friends Of Fridley Education Foundation primarily funds organizations in the area of education. Based on available records, the foundation has funded 10 grants. Its grantmaking reaches organizations primarily in MN.
Friends Of Fridley Education Foundation has distributed a total of $140K across 10 grants. The median grant size is $5K, with an average of $14K. Individual grants have ranged from $1K to $42K.
Friends Of Fridley Education Foundation typically selects its grantees rather than accepting unsolicited proposals.
Friends Of Fridley Education Foundation is headquartered in FRIDLEY, MN.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Ron Ackerman | PRESIDENT | $0 | $0 | N/A |
| Gregory Gardner | TREASURER | $0 | $0 | N/A |
Total Giving
$61K
Total Assets
$663K
Fair Market Value
$663K
Net Worth
$663K
Grants Paid
$49K
Contributions
$75K
Net Investment Income
$19K
Distribution Amount
$35K
Total: $626K
Total Grants
10
Total Giving
$140K
Average Grant
$14K
Median Grant
$5K
Unique Recipients
4
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Fridley Schools FoundationSCHOLARSHIPS - EDUCATION | Fridley, MN | $42K | 2022 |
| Fridley Historical SocietyEDUCATION | Fridley, MN | $5K | 2022 |
| Fridley Park & RecEDUCATIONAL | Fridley, MN | $1K | 2022 |
| Firdley Alumni ChoirEDUCATIONAL | Fridley, MN | $1K | 2022 |