FG Foundation

Analysis

FG Foundation is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in July 2002, 24 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, FG Foundation reported income of $934k and spending of $308k, leaving 67% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $183k to $934k (+411%), an average of +50% a year. The sharpest change came in the year to December 2020, when income rose by 560%. Over the whole period it spent 28% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, FG Foundation sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within OH. Charities of a similar size with the same main cause include Hillsdale High School Foundation Inc ($934k), Knoxville Christian Community Foundation ($934k) and Arca Foundation ($933k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% of the total. At year end it held assets of $10.2m against liabilities of $0, net assets of $10.2m.