Public Charity

FINANCIAL RESOURCES FCU FOUNDATION INC

Based in BRANCHBURG, NJ, FINANCIAL RESOURCES FCU FOUNDATION INC operates as a Public Charity. The organization reported $253K in revenue, $68K in expenses, $304K in total assets for fiscal year 2025. Imperigo tracks 12 reported grants from this foundation totaling approximately $144K.

EIN: 208216512 BRANCHBURG, NJ Fund Raising & Fund Distribution NTEE: O12 Latest filing: 2025
Total Revenue$253K
Total Expenses$68K
Total Assets$304K
Grants Given12
Grant Total$144K
Filing Years2018–2025

Mission

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.

Where $100 goes at Financial Resources Fcu Foundation Inc

How Financial Resources Fcu Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 6 years.

$95 Programs the work itself
$5 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $95 for programs

$50
Three $5,000 grants were awarded to the following
52% of program spending
$39
2025 charity event was at somerset park with proceeds benefitting elijah's promise as well as other local charities (see financial statement) and scholarships (listed here and on financial…
41% of program spending
$4
Three $1,000.00 scholarships were awarded in 2025
5% of program spending

Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.

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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Given

NEW BRUNSWICK, NJ · 2025
TO PROVIDE SUPPORT ELIJAH'S PROMISE THAT ASSISTS WITH FOOD COSTS AND OPERATIONS TO EXPAND THE CULLINARY SCHOOL.
$26,510
SOMERVILLE, NJ · 2025
DAY OF GIVING DONATION TO HELP WITH DOMESTIC VIOLENCE CAMPAIGNS.
$5,000
SOMERSET, NJ · 2025
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
BASKING RIDGE, NJ · 2025
DONATION TO ASSIST WITH HELPING CHILDREN IN UNDERSERVED COMMUNITIES OVERCOME PHYSICAL AND DEVELOPMENTAL BARRIERS THROUGH OUTPATIENT THERAPY.
$5,000
ELIZABETH, NJ · 2024
TO PROVIDE SUPPORT TO CHILDREN'S PROGRAM, BERNICE'S PLACE, THAT PROVIDES AFTER-SCHOOL AND SUMMERTIME TUTORING, EDUCATIONAL ENRICHMENT AND RECREATION FOR CHILDREN AGES 6-13 LIVING IN SHELTERS, HOTELS AND LOW-INCOME SITUATIONS. THE PROGRAM GIVES CHILDREN LIVING IN UNSTABLE SITUATIONS A SAFE AND NUTURING PLACE TO LEARN AND GROW. THE FUNDS WERE USED TO ENHANCE THE PERFORMING ARTS ENRICHMENT PROGRAM FOR THE CHILDREN. IN THE PROGRAM, PARTICIPANTS ARE EXPOSED TO VARIOUS PERFORMING ARTISTS AS THEY PLAN AND PREPARE A LIVE PERFORMANCE FOR FAMILIES AND THE BROADER COMMUNITY.
$20,000

Showing up to 5 of 12 total records — full history available with membership.

Officers & Directors

SECRETARY Beth Molinaro
VICE PRESIDENT Brian Demcsak
DIRECTOR Charles Mazza
PRESIDENT Frank Almeida
TREASURER Stephen Mavricos
DIRECTOR Thomas O'sullivan

Officer compensation and complete director data available with membership.

Top Grant Purposes

Youth Development
$55,000 4 grants
Education
$36,510 2 grants
Human & Social Services
$25,000 2 grants
Health & Medicine
$15,000 2 grants
General Support
$7,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $253K $68K $304K
2024 $42K $38K $119K
2023 $104K $50K $113K
2022 $51K $51K $65K
2018 $24K $26K $45K

Between 2018 and 2025, reported annual revenue grew from $24K to $253K (+971%), with total assets most recently reported at $304K.

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

Grant Geography

Grants from this foundation were reported to recipients in NJ.

NJ

Full geographic grant map with state-by-state breakdown available with membership.

See the full picture for FINANCIAL RESOURCES FCU FOUNDATION INC

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