Mission
THE FRIENDS OF FOUNDATION ACADEMIES SUPPORTS, ENHANCES, AND PROMOTES THE WORK OF FOUNDATION ACADEMIES BY RAISING FUNDS AND DELIVERING SERVICES, PROGRAMS, AND PARTNERSHIPS THAT EQUITABLY SERVE THE BEST INTERESTS OF OUR SCHOOL COMMUNITY.
Public Charity
The Friends of Foundation Academy Inc
Based in Trenton, NJ, The Friends of Foundation Academy Inc operates as a Public Charity. The organization reported $2.7M in revenue, $2.3M in expenses, $81.9M in total assets for fiscal year 2025. Imperigo tracks 41 reported grant relationships connected to this organization totaling approximately $1.5M.
EIN: 272091277
Trenton, NJ
Single Organization Support
NTEE: B11
Latest filing: 2025
Total Revenue$2.7M
Total Expenses$2.3M
Total Assets$81.9M
Grant Records41
Funding Total$1.5M
Filing Years2020–2025
Where $100 goes at The Friends of Foundation Academy Inc
How The Friends of Foundation Academy Inc divides every $100 it spends, from its own Form 990 filings, averaged across 6 years.
$87
Programs
the work itself
$8
Management
running the organization
$5
Fundraising
raising the next dollar
Inside the $87 for programs
$42
Under NJ law, charter schools may not build facilities with public funds
$42
Funds raised by the Friends of FA help to fill the stark public funding gap between FA and our district counterparts
$3
Throughout college, there are several crucial moments that can put a student at risk of leaving school
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 Received
TO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE
$150,000
UNRESTRICTED GENERAL SUPPORT
$65,000
For grant recipient's exempt purposes
$38,700
$34,200
HUMAN SERVICES
$26,000
Showing up to 5 of 41 total records — full history available with membership.
Officers & Directors
Vice-Chair
Anthony Klockenbrink
Secretary
Betsy Rendall
Chair
Donald Hofmann
Board Member
Dr Fitzroy Dawkins
Treasurer
Jacqueline Griffith
Board Member
Jorgen Bundgaard Hansen
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $2.7M | $2.3M | $81.9M |
| 2024 | $1.3M | $1.2M | $17.3M |
| 2023 | $1.5M | $1.1M | $16.8M |
| 2021 | $1.2M | $1.1M | $16.6M |
| 2020 | $1.3M | $269K | $16.3M |
Between 2020 and 2025, reported annual revenue grew from $1.3M to $2.7M (+113%), with total assets most recently reported at $81.9M.
Interactive year-over-year charts and full filing details available with membership.