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Nonprofiteer
← FAMILY GIVING FOUNDATION INC

Form 990 for tax year 2023

Filed by FAMILY GIVING FOUNDATION INC.

Totals

Total revenue
$12,551,102
Total expenses
$2,134,551
Contributions and grants received
$10,165,309
Grants paid
$1,666,938
Program service revenue
$460,230
Investment income
$1,833,632
Other revenue
$91,931
Total assets, end of year
$69,600,889
Total liabilities, end of year
$2,822,696
Net assets or fund balances, end of year
$66,778,193
Program services expenses (Part IX)
$1,666,938
Management and general expenses
$467,613
Fundraising expenses
$0
Program service expenses (Part III)
$1,666,938

Program services were 78.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $10,165,309

  • 1g · Noncash contributions included above

    $8,503,726

  • 2f · All other program service revenue

    total $460,230 · excluded $460,230

  • 3 · Investment income

    total $428,005 · excluded $428,005

  • 6a · Gross rents

    real property $312,506

  • 6b · Less rental expenses

    real property $220,575

  • 6c · Rental income or loss

    real property $91,931

  • 6d · Net rental income or loss

    total $91,931 · related or exempt $91,931

  • 7a · Gross sales of assets other than inventory

    securities $1,405,627

  • 7b · Less cost or other basis and sales expenses

    securities $0

  • 7c · Gain or loss

    securities $1,405,627

  • 7d · Net gain or loss

    total $1,405,627 · related or exempt $1,405,627

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $1,666,938 · program services $1,666,938

  • 11b · Fees: legal

    total $308,148 · management and general $308,148

  • 22 · Depreciation, depletion and amortization

    total $91,301 · management and general $91,301

  • 23 · Insurance

    total $4,765 · management and general $4,765

  • 24a · Other expenses: OTHER ADMIN EXPENSES

    total $57,447 · management and general $57,447

  • 24b · Other expenses: BANK FEES

    total $5,541 · management and general $5,541

  • 24c · Other expenses: TAXES AND LICENSES

    total $411 · management and general $411

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $2,569,994 · end of year $3,353,011

  • 3 · Pledges and grants receivable

    end of year $450,000

  • 7 · Other notes and loans receivable

    beginning of year $4,318,243 · end of year $20,180,190

  • 9 · Prepaid expenses and deferred charges

    beginning of year $42,932 · end of year $10,752

  • 10a · Land, buildings and equipment: cost or other basis

    $5,907,991

  • 10b · Land, buildings and equipment: accumulated depreciation

    $181,682

  • 10c · Land, buildings and equipment, net

    beginning of year $5,785,108 · end of year $5,726,309

  • 11 · Investments: publicly traded securities

    beginning of year $32,155,631 · end of year $25,967,026

  • 12 · Investments: other securities

    beginning of year $12,112,989 · end of year $12,493,276

  • 15 · Other assets

    end of year $1,420,325

  • 17 · Accounts payable and accrued expenses

    beginning of year $5,275 · end of year $2,784

  • 18 · Grants payable

    beginning of year $117,470 · end of year $73,235

  • 22 · Loans and payables to officers and key people

    end of year $19,600

  • 25 · Other liabilities

    beginning of year $1,721,881 · end of year $2,727,077

  • 27 · Net assets without donor restrictions

    beginning of year $55,140,271 · end of year $66,778,193

Mission and programs · 2023

Mission

THE SPECIFIC PURPOSE OF THE CORPORATION IS TO PROVIDE ASSISTANCE TO OTHER CHARITABLE ORGANIZATIONS DESCRIBED IN IRC 501(C)(3).

Activities or mission (Part I)

FINANCIAL ASSISTANCE TO OTHER CHARITABLE ORGANIZATIONS DESCRIBED IN IRC 501(C)(3).

  • PROVIDING SUPPORT TO TAX QUALIFIED CHARITIES THAT HELP OUR DONORS FUND EDUCATIONAL, RELIGIOUS OR OTHER CAUSES CONSISTENT WITH THE DONORS' PHILANTRHOPIC PURPOSES

    Expenses $1,666,938

As filed on the 2023 return.

Listed in Part VII

  • Tim Voorhees

    PRESIDENT

    Total calculated
    $0
    Hours/week
    5

  • Bob Higby

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • Ed Cotney

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • Stacy Sopata

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • 2 J'S GENERATIONAL LEGACY LLC

    INVESTMENT MANAGEMENT · WY · income -$11,031 · assets $947,555

    Directly controlled by FAMILY GIVING FOUNDATION

  • AAA FAMILY GIVING FOUNDATION LLC

    INVESTMENT MANAGEMENT · WY · income $3,184 · assets $203,341

    Directly controlled by FAMILY GIVING FOUNDATION

  • BSB INTERNATIONAL LLC

    INVESTMENT MANAGEMENT · WY · income $0 · assets $2,400,000

    Directly controlled by FAMILY GIVING FOUNDATION

  • EXPEDITION RELIEF AND DEVELOPMENT

    INVESTMENT MANAGEMENT · WY · income $85,655 · assets $778,655

    Directly controlled by FAMILY GIVING FOUNDATION

  • HUSSAIN GIVING FOUNDATION LLC

    INVESTMENT MANAGEMENT · WY · income $2,830 · assets $722,678

    Directly controlled by FAMILY GIVING FOUNDATION

  • KAM TAM HERITAGE LLC

    INVESTMENT MANAGEMENT · WY · income $1,350,521 · assets $2,551,439

    Directly controlled by FAMILY GIVING FOUNDATION

  • KLT GIVING FOUNDATION LLC

    INVESTMENT MANAGEMENT · WY · income -$103,678 · assets $2,287,961

    Directly controlled by FAMILY GIVING FOUNDATION

  • L AND S CRANFORD FOUNDATION LLC

    INVESTMENT MANAGEMENT · WY · income $13,425 · assets $249,455

    Directly controlled by FAMILY GIVING FOUNDATION

  • LENG HERITAGE LLC

    INVESTMENT MANAGEMENT · WY · income $221,880 · assets $1,500,557

    Directly controlled by FAMILY GIVING FOUNDATION

  • MANTHA CHARITABLE FUND LLC

    INVESTMENT MANAGEMENT · WY · income $238,977 · assets $5,792,620

    Directly controlled by FAMILY GIVING FOUNDATION

  • MCCARRICK FAMILY GIVING FUND LLC

    INVESTMENT MANAGEMENT · WY · income $34,505 · assets $678,996

    Directly controlled by FAMILY GIVING FOUNDATION

  • MCGRATH HERITAGE LLC

    INVESTMENT MANAGEMENT · WY · income -$96,370 · assets $130,920

    Directly controlled by FAMILY GIVING FOUNDATION

  • NI HERITAGE LLC

    INVESTMENT MANAGEMENT · WY · income $191,213 · assets $2,063,318

    Directly controlled by FAMILY GIVING FOUNDATION

  • PADILLA LEGACY LLC

    INVESTMENT MANAGEMENT · WY · income $252,760 · assets $2,608,205

    Directly controlled by FAMILY GIVING FOUNDATION

  • PANDA POROTECTION AND PRESERVATION FOUNDATION LLC

    INVESTMENT MANAGEMENT · WY · income $100,762 · assets $1,200,762

    Directly controlled by FAMILY GIVING FOUNDATION

  • SAND CASTLE FOUNDATION LLC

    INVESTMENT MANAGEMENT · WY · income $61,345 · assets $1,946,219

    Directly controlled by FAMILY GIVING FOUNDATION

  • SESAME LLC

    INVESTMENT MANAGEMENT · WY · income -$94,025 · assets $3,752,302

    Directly controlled by FAMILY GIVING FOUNDATION

  • SHOREBREAK FOUNDATION LLC

    INVESTMENT MANAGEMENT · WY · income $41,901 · assets $777,059

    Directly controlled by FAMILY GIVING FOUNDATION

  • STARDUST LEGACY LLC

    INVESTMENT MANAGEMENT · WY · income $1,647,015 · assets $4,969,753

    Directly controlled by FAMILY GIVING FOUNDATION

  • STEPHANIAN CHARITABLE FOUNDATION LLC

    INVESTMENT MANAGEMENT · WY · income $60,099 · assets $1,342,179

    Directly controlled by FAMILY GIVING FOUNDATION

  • TAB GROUP CHARITIES LLC

    INVESTMENT MANAGEMENT · WY · income $2,096,958 · assets $11,399,958

    Directly controlled by FAMILY GIVING FOUNDATION

  • THE CHARLOTTE DAVIS GRATITUDE FUND LLC

    INVESTMENT MANAGEMENT · WY · income $1,153,376 · assets $2,405,693

    Directly controlled by FAMILY GIVING FOUNDATION

  • THE FLYNN FOUNDATION LLC

    INVESTMENT MANAGEMENT · CA · income $14,381 · assets $351,523

    Directly controlled by FAMILY GIVING FOUNDATION

  • TWO CIRCLES LEGACY LLC

    INVESTMENT MANAGEMENT · WY · income -$281,472 · assets $2,927,837

    Directly controlled by FAMILY GIVING FOUNDATION

  • VERMA HERITAGE LLC

    INVESTMENT MANAGEMENT · WY · income $92,570 · assets $1,869,166

    Directly controlled by FAMILY GIVING FOUNDATION

  • VYVY VINA DINH FOUNDATION LLC

    INVESTMENT MANAGEMENT · WY · income $83,312 · assets $1,016,436

    Directly controlled by FAMILY GIVING FOUNDATION

  • WEISSMAN LEGACY LLC

    INVESTMENT MANAGEMENT · WY · income $638,309 · assets $11,525,066

    Directly controlled by FAMILY GIVING FOUNDATION

  • COMPADRE LEGACY LLC

    INVESTMENT MANAGEMENT · WY · income $0 · assets $1,650,000

    Directly controlled by FAMILY GIVING FOUNDATION

  • NORTH STAR FUND LLC

    INVESTMENT MANAGEMENT · WY · income $0 · assets $1,870,326

    Directly controlled by FAMILY GIVING FOUNDATION

Provenance

Return type
form_990
Tax year
2023
Filed
15 November 2024
IRS schema version
2023v5.1
Source object
202443209349319699

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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