Public Charity

Foles Believe Foundation

Foles Believe Foundation is a Public Charity headquartered in Austin, TX. Financial data from the 2021 filing: $615K revenue, $838K expenses, $7K total assets. 1 publicly reported grants to this organization, totaling roughly $25K, appear in IRS filings.

EIN: 850582598 Austin, TX Youth Development N.E.C. NTEE: O99 Latest filing: 2021
Total Revenue$615K
Total Expenses$838K
Total Assets$7K
Grant Records1
Funding Total$25K
Filing Years2020–2021

Mission

The Foles Believe Foundation is dedicated to impacting and serving those in need. Youth initiatives, family crisis counseling, military, mental and overall healh are areas close to the hears of Nick and Tori Foles. Serving those areas will be done in Jesus' name.

Where $100 goes at Foles Believe Foundation

How Foles Believe Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 2 years.

$99 Programs the work itself
<$1 Management running the organization
$1 Fundraising raising the next dollar

Inside the $99 for programs

$99
The Foundation awarded a number of grants to various organizations that provide assistance to economically disadvantaged children
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2021. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

Secretary & Treasurer Christopher Maragos
Member Joey Feste
Vice Chairman Nicholas Foles
Member Timothy Owens
Chair Victoria Foles

Officer compensation and complete director data available with membership.

Top Grant Purposes

Human & Social Services
$25,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2021 $615K $838K $7K
2020 $1.2M $1.0M $230K

Between 2020 and 2021, reported annual revenue declined from $1.2M to $615K (-51%), with total assets most recently reported at $7K.

Interactive year-over-year charts and full filing details available with membership.

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