Financial Resources FCU Foundation Inc
The corporation (foundation) has been organized exclusively for the charitable religious, and scientific purposes, within the meaning of sections 501(3) and 170(2) of the irs code, including, for such purposes, the making of distributions to organizations under section 501(c)(3) of the irs code.
Financial Resources FCU Foundation Inc at a glance
In short: Financial Resources FCU Foundation Inc gave $42K across 4 grants in 2025 (avg $10K), mostly in New Jersey. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $41,510
- +107.5% vs 2024
- Grants made (2025)
- 4
- +300.0% vs 2024
- Average grant
- $10,378
- -48.1% vs 2024
- Median grant
- $5,000
- Total assets
- $303,894
- +156.1% vs 2024
- Primary geography
- New Jersey (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who Financial Resources FCU Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2025
The largest 2025 recipient was Elijah's Promise ($27K). Together the top 4 received $42K.
Grant Size Distribution
8 grants across all recorded years
The most common grant size was under $50K: 8 grants of 8 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 4 itemized grants.
States
Cities
How Financial Resources FCU Foundation Inc gives
- Giving grew 54% from 2022 to 2025. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2022 to 2025, annual grant giving ranged from $20K (2023) to $42K (2025). In 2025 it made 4 grants totaling $42K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Elijah's Promise New Brunswick, NJ | To provide support elijah's promise that assists with food costs and operations to expand the cullinary school. | $26,510 |
| Safe Sound Somerset Somerville, NJ | Day of giving donation to help with domestic violence campaigns. | $5,000 |
| Center for Great Expectations Somerset, NJ | Donation to help with the mission to create a safe space, safe presense and safe path for homeless women who are pregnant and parenting. | $5,000 |
| Therayouth Foundation Basking Ridge, NJ | Donation to assist with helping children in underserved communities overcome physical and developmental barriers through outpatient therapy. | $5,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $303,894 | $253,471 | $68,229 | $41,510 | 4 | $2,824 |
| 2024 | $118,652 | $41,674 | $38,353 | $20,000 | 1 | $995 |
| 2023 | $112,881 | $103,500 | $49,879 | $20,000 | 1 | $366 |
| 2022 | $64,935 | $51,094 | $51,257 | $27,000 | 2 | $2 |
About Financial Resources FCU Foundation Inc
Based on IRS filings
Financial Resources FCU Foundation Inc is a public charity focused on Youth Development, based in Branchburg, NJ. IRS filing data is available from 2022 through 2025. As of 2025, the organization holds $304K in total assets. In 2025, it awarded 4 grants totaling $42K. Net investment income was $3K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Financial Resources FCU Foundation Inc is led by Frank Almeida, President on every filing since 2022; none of the 6 officers listed in 2025 report compensation.
Officers on the 2025 filing
Frank Almeida
President
On filings since 2022
1 hr/week
No compensation reported
Charles Mazza
Director
On filings since 2024
1 hr/week
No compensation reported
Thomas O'Sullivan
Director
New on the 2025 filing
1 hr/week
No compensation reported
Beth Molinaro
Secretary
Director → Secretary, 2025
On filings since 2022
2 hrs/week
No compensation reported
Brian Demcsak
Vice President
On filings since 2022
1 hr/week
No compensation reported
Stephen Mavricos
Treasurer
New on the 2025 filing
1.3 hrs/week
No compensation reported
Former officers (4)
- Former: Beth Elbaum (2022–2024) — Treasurer
- Former: Susan Dvorin (2022–2024) — Secretary
- Former: Caryn Komensky (2022–2023) — Director
- Former: Scott Witherspoon (2022) — Director
Data from IRS Form 990 filings, 2022–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Financial Resources FCU Foundation Inc
How much does Financial Resources FCU Foundation Inc give each year?
Financial Resources FCU Foundation Inc gave $42K across 4 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $20K across 1 grant.
What is Financial Resources FCU Foundation Inc's typical grant size?
Financial Resources FCU Foundation Inc's median grant in 2025 was $5,000, and its average grant was $10,378, across 4 grants on its 2025 IRS Form 990.
Where does Financial Resources FCU Foundation Inc give grants?
Financial Resources FCU Foundation Inc gives mostly in New Jersey: 100% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there.
Does Financial Resources FCU Foundation Inc give general operating support?
Not in 2025: none of the 4 grants with a stated purpose on Financial Resources FCU Foundation Inc's 2025 IRS Form 990 were described as general or operating support.
How large is Financial Resources FCU Foundation Inc?
Financial Resources FCU Foundation Inc reported $304K in total assets on its 2025 IRS Form 990. Its revenue that year was $253K.
What is Financial Resources FCU Foundation Inc?
Financial Resources FCU Foundation Inc is a public charity focused on Youth Development, based in Branchburg, NJ. It holds $304K in total assets as of 2025.
What is Financial Resources FCU Foundation Inc's EIN?
Financial Resources FCU Foundation Inc's EIN (Employer Identification Number) is 20-8216512. IRS Form 990 filing data is available on this page for 2022–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2022–2025
Live grants for the work Financial Resources FCU Foundation Inc funds
Youth Development Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Financial Resources FCU Foundation Inc's focus areas in our free grants database
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Financial Resources FCU Foundation Inc down — hundreds of funders to go?