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Froderman Foundation Inc. is a private corporation based in TERRE HAUTE, IN. The foundation received its IRS ruling in 1964. It holds total assets of $11.2M. Annual income is reported at $3.2M. According to available records, Froderman Foundation Inc. has made 51 grants totaling $2.3M, with a median grant of $25K. Annual giving has decreased from $820K in 2021 to $647K in 2023. Individual grants have ranged from $3K to $820K, with an average award of $45K. The foundation has supported 26 unique organizations. The foundation primarily supports organizations in Indiana, Illinois, North Carolina, which account for 84% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
Froderman Foundation Inc. is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 51 grants. Its grantmaking reaches organizations primarily in IN, IL, NC.
Froderman Foundation Inc. has distributed a total of $2.3M across 51 grants. The median grant size is $25K, with an average of $45K. Individual grants have ranged from $3K to $820K.
Charitable fields - Medical, Educational, Religious & Other Charitable fields.
Froderman Foundation Inc. is headquartered in TERRE HAUTE, IN. While based in IN, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Mark Fuson | President | $0 | $0 | $0 |
| Pam Blesch | Vice President | $0 | $0 | $0 |
| Chris Froderman | Secretary | $0 | $0 | $0 |
| Brad Fuson | Treasurer | $0 | $0 | $0 |
| Susan Fuson | Asst. Treasurer | $0 | $0 | $0 |
| Joe Biggs |
Total Giving
$691K
Total Assets
$11.5M
Fair Market Value
$12.5M
Net Worth
$11.5M
Grants Paid
$647K
Contributions
$0
Net Investment Income
$346K
Distribution Amount
$585K
Total: $0
Total Grants
51
Total Giving
$2.3M
Average Grant
$45K
Median Grant
$25K
Unique Recipients
26
Most Common Grant
$25K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Gleaners Food Bank Of Indiana IncSupport mission | Indianapolis, IN | $100K | 2023 |
| Friends Of Tenwek IncSupport mission | Matthews, NC | $90K | 2023 |
| Fletcher Place Community Center IncSupport mission | Indianapolis, IN | $60K | 2023 |
| St Patrick Catholic ChurchSupport mission | Terre Haute, IN | $54K | 2023 |
| Oaks Academy IncSupport mission | Indianapolis, IN | $50K | 2023 |
| Asst. Secretary |
| $0 |
| $0 |
| $0 |
| Wanda Froderman | Emeritus | $0 | $0 | $0 |
| Chuck Blesch | Director | $0 | $0 | $0 |
| Lynn Biggs | Director | $0 | $0 | $0 |
| Ann Froderman | Director | $0 | $0 | $0 |
| Terri Fuson | Director | $0 | $0 | $0 |
| David Fuson | Director | $0 | $0 | $0 |
| Seth Biggs | Director | $0 | $0 | $0 |
| Bennett Fuson | Director | $0 | $0 | $0 |
| Coby Froderman | Director | $0 | $0 | $0 |
| 2018 | 990PF | View |
| Wheeler Mission Ministries IncSupport mission | Indianapolis, IN | $39K | 2023 |
| Bishop Simon Brute College Seminary IncSupport mission | Indianapolis, IN | $36K | 2023 |
| Asbury CollegeScholarship | Wilmore, KY | $30K | 2023 |
| Sheltering Wings Center For WomenSupport mission | Danville, IL | $27K | 2023 |
| Chemo BuddiesSupport mission | Evansville, IN | $25K | 2023 |
| League Of Terre Haute IncSupport mission | Terre Haute, IN | $25K | 2023 |
| Sisters Of Our Lady Of Mount Carmel Of Terre HauteSupport mission | Terre Haute, IN | $24K | 2023 |
| Indiana Special OlympicSupport mission | Indianapolis, IN | $20K | 2023 |
| Womens Care Center IncSupport mission | Indianapolis, IN | $20K | 2023 |
| Little Red Door Cancer Agency IncSupport mission | Indianapolis, IN | $13K | 2023 |
| Crooked Creek Food PantrySupport mission | Indianapolis, IN | $11K | 2023 |
| Hendricks County Child Advocacy Center IncSupport mission | Avon, IN | $10K | 2023 |
| Gideon'S InternationalSupport mission | Nashville, TN | $5K | 2023 |
| Mary Lee Maier Community Panry CompanySupport mission | Avon, IN | $4K | 2023 |
| Kid Kare Project IncSupport mission | Clinton, IN | $3K | 2023 |
| St Michael The Archangel ParishSupport mission | Sarasota, FL | $40K | 2022 |
| One Mission SocietySupport mission | Greenwood, IN | $37K | 2022 |
| Salvation Army Indiana DivisionSupport mission | Indianapolis, IN | $25K | 2022 |
| Children'S Theraplay FoundationSupport mission | Carmel, IN | $25K | 2022 |
| St Luke'S United Methodist ChurchSupport mission | Indianapolis, IN | $7K | 2022 |
| See Attached ScheduleScholarship, Equipment, Improvements, Camp, Clothes, Support, Missionary Funds | Various, IN | $820K | 2021 |
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