Public Charity

CHILDREN & FAMILIES FIRST ENDOWMENT INC

CHILDREN & FAMILIES FIRST ENDOWMENT INC is a nonprofit organization categorized as Public Charity based in WILMINGTON, DE. Its most recent IRS filing (2024) reports revenue of $106K, expenses of $20K, total assets of $3.7M.

EIN: 271705610 WILMINGTON, DE Latest filing: 2024
Total Revenue$106K
Total Expenses$20K
Total Assets$3.7M
Grant Records0
Filing Years2019–2024

Mission

CHILDREN & FAMILIES FIRST ENDOWMENT INC.'S (CFFE) SOLE PURPOSE IS TO ACT EXCLUSIVELY FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, OR TO CARRY OUT THE PURPOSES OF CHILDREN & FAMILIES FIRST DELAWARE INC., AN ORGANIZATION DESCRIBED IN SECTION 509(A)(2) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED. THE ACTIVITIES OF CFFE WILL BE TO HOLD AND MANAGE THE ENDOWMENT ASSETS OF CHILDREN AND FAMILIES FIRST DELAWARE INC. ADDITIONALLY, CFFE WILL ENGAGE IN A VARIETY OF FUNDRAISING ACTIVITIES WHICH MAY INCLUDE FOUNDATION, CORPORATE AND INDIVIDUAL SOLICITATIONS AND SPECIAL EVENTS. PROCEEDS FROM ACTIVITIES OF THE CORPORATION WILL EITHER BE REINVESTED IN THE ENDOWMENT FOR FUTURE USE BY CHILDREN & FAMILIES FIST DELAWARE INC. OR DISTRIBUTED TO CHILDREN & FAMILIES FIRST DELAWARE INC. TO BE USED IN FURTHERANCE OF ITS EXEMPT PURPOSE.

Officers & Directors

CHIEF FINANCIAL OFFICER Brian Maxwell
PRESIDENT Jeffery S Sills
CHIEF EXECUTIVE OFFICER Kirsten Olson
MEMBER Nicole Magnusson
VICE PRESIDENT Paul L Mccommons
SECRETARY Pete Lutus

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2024 $106K $20K $3.7M
2023 $101K $20K $3.4M
2022 $91K $20K $3.1M
2020 $60K $19K $3.3M
2019 $87K $18K $3.1M

Between 2019 and 2024, reported annual revenue grew from $87K to $106K (+22%), with total assets most recently reported at $3.7M.

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

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