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FREY FOUNDATION

FREY FOUNDATION

Grand Rapids, MI, US
•
501(c)3
•
EIN
23-7094777
•
HTTP://FREYFDN.ORG/
•
Open for Solicitation
Private Foundation
Family Foundation
Regional Funder
funder logo

FREY FOUNDATION

Grand Rapids, MI, US
•
501(c)3
•
EIN
23-7094777
•
HTTP://FREYFDN.ORG/
•
Open for Solicitation
Private Foundation
Family Foundation
Regional Funder
Overview
Programs
990s
Income Statement
Balance Sheet
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Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)

$162,397,904

Investments
95%
Cash & Equivalents
3%
Other Assets
1%
Property, Plant, & Equipment (net)
<1%
Prepaid Expenses
<1%
Receivables (Non-Related)
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)

$3,783,479

Grants Payable
77%
Other Liabilities
15%
Notes Payable / Debt (Non-Related)
7%
Payables & Accruals
<1%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Tax-Exempt Bond Liabilities
N/A
Custodial & Escrow Liabilities
N/A
Assets
2023
2024
Change
Cash & Equivalents
$3,589,112
$4,690,898
+31%
Receivables (Non-Related)
$10,000
$59
-99%
Related-Party Receivables
$0
$0
-
Inventories
-
-
-
Prepaid Expenses
$64,481
$53,911
-16%
Investments
$141,409,105
$155,006,195
+10%
Property, Plant, & Equipment (net)
$505,565
$416,876
-18%
Other Assets
$2,108,061
$2,229,965
+6%
Total Assets
$147,686,324
$162,397,904
+10%
Liabilities
2023
2024
Change
Payables & Accruals
$34,771
$36,659
+5%
Grants Payable
$2,372,000
$2,906,050
+23%
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
N/A
N/A
N/A
Custodial & Escrow Liabilities
N/A
N/A
N/A
Notes Payable / Debt (Non-Related)
$378,461
$261,566
-31%
Related-Party Payables
$0
$0
-
Other Liabilities
$666,409
$579,204
-13%
Total Liabilities
$3,451,641
$3,783,479
+10%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$144,234,683
$158,614,425
+10%
Net assets
2023
2024
Change
Net assets
+$144,234,683
+$158,614,425
+10%
Balance Sheet
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