Overview

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Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

The Figure 1 Foundation, established under EIN 81-1644762, is dedicated to sponsoring aviation licensing through scholarships and financial aid. With an operating budget of $47.7K and total revenue of $80.7K for the 2024 filing year, the organization is supported by diverse funding sources, with no single funder contributing 50% or more of its revenue. For more information, visit their website at figure1foundation.com.

Mission Statement

SPONSORSHIP OF AVIATION LICENSING
Revenues
$80.7K
Expenses
$47.7K
Net Income:
+$33K
Assets
$181.7K
Liabilities
$30.3K
Net Assets:
+$151.3K
Operating Budget
$47.7K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
2
Median grant size
$11.6K
Largest grant received
$13.1K
A
Aj Wilder
Board Member
R
Robert Olmsted
Board Member
M
Mignon Gery
Employee

Frequently Asked Questions

What is FIGURE 1 FOUNDATION’s budget?
In 2024, FIGURE 1 FOUNDATION reported an annual operating budget of around $48 thousand. More detailed financial information is available to registered users.
What causes does FIGURE 1 FOUNDATION support?
FIGURE 1 FOUNDATION supports work in Scholarships & Financial Aid.
Where does FIGURE 1 FOUNDATION operate?
FIGURE 1 FOUNDATION is headquartered in Los Angeles, CA.
Who funded FIGURE 1 FOUNDATION recently?
In 2025, FIGURE 1 FOUNDATION received grants from CAROL SIMPSON AND DOUGLAS WILLIAMS CHARITABLE FUND INC, CAROL SIMPSON AND DOUGLAS WILLIAMS CHARITABLE FUND INC, and JACOB BEST FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant FIGURE 1 FOUNDATION received in 2024?
The largest grant to FIGURE 1 FOUNDATION in 2024 exceeds $13 thousand.