Also known as: FOUNDATION
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Phillip V And Sylvia M Fredericksonfoundation is a private corporation based in GRAND RAPIDS, MI. The foundation received its IRS ruling in 2007. The principal officer is Phillip V Frederickson. It holds total assets of $980K. Annual income is reported at $333K. Total assets have grown from $813K in 2011 to $1M in 2023. 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 2016 to 2023. The foundation primarily funds organizations in Michigan and Virginia. According to available records, Phillip V And Sylvia M Fredericksonfoundation has made 66 grants totaling $256K, with a median grant of $5K. Annual giving has grown from $53K in 2020 to $144K in 2022. Individual grants have ranged from $100 to $10K, with an average award of $4K. The foundation has supported 27 unique organizations. The foundation primarily supports organizations in Michigan, Virginia, Pennsylvania, which account for 97% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$5K
Average Grant
$5K
Largest Grant
$7K
Based on 11 grants from the most recent 990-PF filing.
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.
Phillip V And Sylvia M Fredericksonfoundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 66 grants. Its grantmaking reaches organizations primarily in MI, VA, PA.
Phillip V And Sylvia M Fredericksonfoundation has distributed a total of $256K across 66 grants. The median grant size is $5K, with an average of $4K. Individual grants have ranged from $100 to $10K.
Phillip V And Sylvia M Fredericksonfoundation typically selects its grantees rather than accepting unsolicited proposals.
Phillip V And Sylvia M Fredericksonfoundation is headquartered in GRAND RAPIDS, MI. While based in MI, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Lyle Frederickson | DIRECTOR | $0 | $0 | N/A |
| Sylvia M Frederickson | SECRETARY, TREASURER | $0 | $0 | N/A |
| Phillip V Frederickson | PRESIDENT | $0 | $0 | N/A |
Total Giving
$72K
Total Assets
$1M
Fair Market Value
$1.3M
Net Worth
$1M
Grants Paid
$62K
Contributions
N/A
Net Investment Income
$22K
Distribution Amount
$61K
Total: $998K
Total Revenue
$14K
990PF · 2023
Total Expenses
$72K
990PF · 2023
Total Assets
$1M
990PF · 2023
Net Assets
$1M
990PF · 2023
| Year | Form | Revenue | Expenses | Assets | |
|---|---|---|---|---|---|
| 2023 | 990PF | $14K | $72K | $1M | — |
| 2022 | 990PF | $109K | $79K | $1.1M | — |
| 2021 | 990PF | $134K | $68K | $1M | — |
| 2020 | 990PF | $187K | $58K | $965K | — |
| 2019 | 990PF | $189K | $58K | $836K | View |
Total Grants
66
Total Giving
$256K
Average Grant
$4K
Median Grant
$5K
Unique Recipients
27
Most Common Grant
$5K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| First United Methodist ChurchGENERAL FUND | Grand Ledge, MI | $100 | 2022 |
| Loudon Bar FoundationBEAT THE ODDS SCHOLARSHIP PROGRAM | Leesburg, VA | $10K | 2022 |
| Flat River Outreach MinistriesTO PROVIDE EMERGENCY FOOD & CLOTHING TO PEOPLE IN NEED | Lowell, MI | $5K | 2022 |
| Equest Center For Therapuetic RidingGENERAL FUND | Rockford, MI | $5K | 2022 |
| Slifer Smith & Frampton FoundationRECONNECTED PROJECT FOUNDATION | Avon, CO | $5K | 2022 |
| Boulder Crest FoundationGENERAL FUND | Bluemont, VA | $5K | 2022 |
| Bergmann Center IncGENERAL FUND | Charlevoix, MI | $5K | 2022 |
| Penn State ThonGENERAL FUND | State College, PA | $5K | 2022 |
| Third Day FellowshipJOPPA HOUSE | Charlevoix, MI | $5K | 2022 |
| Veterans4usaGENERAL FUND | Weidman, MI | $5K | 2022 |
| Lowell Area SchoolsTO PROVIDE FINANCIAL SUPPORT TO LOCAL STUDENTS IN PURSUIT OF A HIGHER EDUCATION. | Lowell, MI | $5K | 2022 |
| Adrian CollegeOPERATIONAL EDUCATIONAL FUND - INJURED VETS | Adrian, MI | $3K | 2022 |
| Charlevoix County Community FoundationCHARLEVOIX SCHOLARSHIP ENDOWMENT | East Jordan, MI | $3K | 2022 |
| Northwestern Michigan College FoundationTO PROVIDE NURSING STUDENT SCHOLARSHIP | Traverse City, MI | $3K | 2022 |
| The Nehemiah ProjectTO SUPPORT THE SHELTER | Petoskey, MI | $3K | 2022 |
| Project Hope Of Ne Allegan CountyGENERAL FUND | Dorr, MI | $3K | 2022 |
| St Mary'S Hospital FoundationGENERAL FUND | Saginaw, MI | $500 | 2022 |
| St Mary'S Cathedral - LansingGENERAL FUND | Lansing, MI | $300 | 2022 |
| North Central Michigan College FoundationGENERAL FUND | Petoskey, MI | $300 | 2022 |
| Lori S VoiceGENERAL FUND | Coopersville, MI | $5K | 2021 |
| Capital Region Community FoundationHOPE SCHOLARSHIP FUND | Lansing, MI | $3K | 2021 |