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FORMANEK FOUNDATION
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FORMANEK FOUNDATION
Memphis, TN, US
•
501(c)3
•
EIN
26-1565007
•
Open for Solicitation
Private Foundation
Family Foundation
Regional Funder
FORMANEK FOUNDATION
Sign up to claim this org
Memphis, TN, US
•
501(c)3
•
EIN
26-1565007
•
Open for Solicitation
Private Foundation
Family Foundation
Regional Funder
Overview
Programs
990s
Income Statement
Balance Sheet
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People
Board & Team
Financials
Financial Trends
Funding
Funders
Grants Received
Grantmaking
Giving Insights
Grantees
Grants Given
Overlap
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Income Statement
Fiscal Year Start:
Jan 1
Revenues in
2024
$21,317,306
Other
86%
Investments
14%
Contributions
0%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in
2024
$10,248,214
Grants
74%
Other
24%
Salaries & Benefits
2%
Fees to Service Providers
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Offices, Occupancy & IT
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$3,428,264
$2,928,075
-15%
Other
$8,594,910
$18,389,231
+114%
Total Revenues
$12,023,174
$21,317,306
+77%
Expenses
2023
2024
Change
Grants
$7,434,674
$7,567,725
+2%
Benefits to Members
$0
$0
-
Salaries & Benefits
$200,000
$210,000
+5%
Fees to Service Providers
$25,000
$25,000
+0%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$0
$0
-
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$3,033,186
$2,445,489
-19%
Total Expenses
$10,692,860
$10,248,214
-4%
Net income
2023
2024
Change
Net income
+$1,330,314
+$11,069,092
+732%
Income Statement
