Form 990 for tax year 2023
Filed by FUNERAL SERVICE FOUNDATION INC.
Totals
- Total revenue
- $1,435,898
- Total expenses
- $1,029,003
- Contributions and grants received
- $1,166,723
- Grants paid
- $487,679
- Program service revenue
- $0
- Investment income
- $287,708
- Other revenue
- -$18,533
- Total assets, end of year
- $11,940,325
- Total liabilities, end of year
- $445,568
- Net assets or fund balances, end of year
- $11,494,757
- Program services expenses (Part IX)
- $585,929
- Management and general expenses
- $349,447
- Fundraising expenses
- $93,627
- Program service expenses (Part III)
- $585,929
Program services were 56.9% 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.
-
1c · Fundraising events
$227,108
-
1d · Related organizations
$27,125
-
1f · All other contributions, gifts and grants
$912,490
-
1g · Noncash contributions included above
$921
-
3 · Investment income
total $258,441 · excluded $258,441
-
7a · Gross sales of assets other than inventory
securities $4,136,347
-
7b · Less cost or other basis and sales expenses
securities $4,107,080
-
7c · Gain or loss
securities $29,267
-
7d · Net gain or loss
total $29,267 · excluded $29,267
-
8a · Fundraising events: gross income
$85,397
-
8a · Fundraising events: contributions included on line 1c
$227,108
-
8b · Fundraising events: direct expenses
$106,630
-
8c · Net income from fundraising events
total -$21,233 · excluded -$21,233
-
11d · All other revenue
total $2,700 · excluded $2,700
-
11e · Other revenue, total
$2,700
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $221,238 · program services $221,238
-
2 · Grants to domestic individuals
total $190,941 · program services $190,941
-
3 · Grants to foreign organizations and individuals
total $75,500 · program services $75,500
-
11a · Fees: management
total $230,150 · program services $91,279 · management and general $112,751 · fundraising $26,120
-
11c · Fees: accounting
total $4,000 · management and general $4,000
-
11f · Fees: investment management
total $54,425 · management and general $54,425
-
11g · Fees: other
total $95,251 · management and general $64,028 · fundraising $31,223
-
12 · Advertising and promotion
total $38,487 · management and general $20,313 · fundraising $18,174
-
13 · Office expenses
total $19,196 · program services $460 · management and general $14,034 · fundraising $4,702
-
16 · Occupancy
total $20,117 · program services $2,878 · management and general $16,049 · fundraising $1,190
-
17 · Travel
total $3,648 · management and general $3,648
-
19 · Conferences, conventions and meetings
total $36,245 · management and general $36,245
-
22 · Depreciation, depletion and amortization
total $2,505 · program services $605 · management and general $1,650 · fundraising $250
-
23 · Insurance
total $12,530 · program services $3,028 · management and general $8,251 · fundraising $1,251
-
24a · Other expenses: DUES AND SUBSCRIPTIONS
total $24,770 · management and general $14,053 · fundraising $10,717
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $277,079 · end of year $353,112
-
3 · Pledges and grants receivable
beginning of year $796,190 · end of year $868,688
-
4 · Accounts receivable
beginning of year $13,874 · end of year $7,921
-
9 · Prepaid expenses and deferred charges
beginning of year $17,522 · end of year $18,294
-
10a · Land, buildings and equipment: cost or other basis
$72,817
-
10b · Land, buildings and equipment: accumulated depreciation
$69,506
-
10c · Land, buildings and equipment, net
beginning of year $5,816 · end of year $3,311
-
11 · Investments: publicly traded securities
beginning of year $9,152,134 · end of year $10,459,271
-
12 · Investments: other securities
beginning of year $216,665 · end of year $223,001
-
15 · Other assets
beginning of year $0 · end of year $6,727
-
17 · Accounts payable and accrued expenses
beginning of year $115,869 · end of year $3,263
-
21 · Escrow or custodial account liability
beginning of year $229,736 · end of year $259,493
-
25 · Other liabilities
beginning of year $0 · end of year $182,812
-
27 · Net assets without donor restrictions
beginning of year $1,760,904 · end of year $2,125,307
-
28 · Net assets with donor restrictions
beginning of year $8,372,771 · end of year $9,369,450
Mission and programs · 2023
Mission
INVESTING IN PEOPLE AND PROGRAMS TO STRENGTHEN FUNERAL SERVICE AND LIFT UP GRIEVING COMMUNITIES.
-
THE FUNERAL SERVICE FOUNDATION ACCEPTS GRANT PROPOSALS FOR PROGRAMS AND PROJECTS THAT FALL WITHIN ITS FUNDING AREAS OF CAREER AND PROFESSIONAL DEVELOPMENT, SUPPORT OF FUNERAL SERVICE AND ALLIED PROFESSIONS, PUBLIC AWARENESS AND EDUCATION OF FUNERAL SERVICE AND END OF LIFE ISSUES, SUPPORT OF GRIEVING CHILDREN AND THEIR FAMILIES, AND CRISIS RESPONSE. DURING 2023, THE FUNERAL SERVICE FOUNDATION AWARDED APPROX. $259,238 IN GRANTS TO VARIOUS ORGANIZATIONS.
Expenses $311,465 · Grants $259,238
-
THE FUNERAL SERVICE FOUNDATION'S SCHOLARSHIP PROGRAMS PROVIDE SCHOLARSHIPS TO MORTUARY SCIENCE SCHOOL STUDENTS AND FUNERAL SERVICE PROFESSIONALS. IN 2023, THE FUNERAL SERVICE FOUNDATION AWARDED $228,441 IN SCHOLARSHIPS TO 192 INDIVIDUALS.
Expenses $274,464 · Grants $228,441
As filed on the 2023 return.
Listed in Part VII
-
Mark KrauseMARK KRAUSE
CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
John HealdJOHN HEALD
CHAIR-ELECT
- Total calculated
- $0
- Hours/week
- 1
-
David FalconerDAVID FALCONER
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Lisa BaueLISA BAUE
IMMEDIATE PAST CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Will BischoffWILL BISCHOFF
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
W Ashley CozineW ASHLEY COZINE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
John FaulkJOHN FAULK
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
David HernandezDAVID HERNANDEZ
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
R Bryant HightowerR BRYANT HIGHTOWER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Kathy KelleyKATHY KELLEY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Beth KmiecBETH KMIEC
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Jimmy LucasJIMMY LUCAS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Todd LumbardTODD LUMBARD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Carmalita March-HarrisCARMALITA MARCH-HARRIS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Matt OutcaltMATT OUTCALT
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Jenn ParvinJENN PARVIN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Thomas PontoneTHOMAS PONTONE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Tim SchrammTIM SCHRAMM
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Jeff SmithJEFF SMITH
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Christopher RobinsonCHRISTOPHER ROBINSON
NFDA LIAISON
- Total calculated
- $0
- Hours/week
- 1
-
Jedd LapidJEDD LAPID
EXECUTIVE DIRECTOR (FROM 6/23)
- Total calculated
- $99,075
- From this org
- $0
- From related orgs
- $83,385
- Other
- $15,690
- Hours/week
- 40
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
-
GENERAL SUPPORT
-
$41,533
GENERAL PURPOSE GRANT
-
CONVENTION SCHOLARSHIP
-
GENERAL PURPOSE GRANT
-
CONVENTION SCHOLARSHIP
-
GENERAL SUPPORT AND CRISIS RESPONSE
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
NATIONAL FUNERAL DIRECTORS ASSOCIATION OF THE UNITED STATES INC
501(C)(6) · ASSOCIATION OF FUNERAL SERVICE PROFESSIONALS · WI
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.
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
NFDA SERVICES INC
C · PRODUCE PUBLICATIONS FOR THE NATIONAL ASSOCIATION · WI
-
ASSOCIATION EXCELLENCE INCORPORATED
C · MANAGEMENT SERVICES · WI
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 4 June 2024
- IRS schema version
- 2023v5.0
- Source object
- 202401639349301315
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