FOLES BELIEVE FOUNDATION INC
2021 · Form 990 · revenue $615K · expenses $838K · assets $7K
- EIN
- 85-0582598
- Address
- 1701 DIRECTORS BLVD STE 370, AUSTIN, TX 78744-1066
- NTEE code
- O99
- Subsection
- 501(c)(3)
- Ruling year
- 2020
- Cross-check
- ProPublica Nonprofit Explorer
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.
Each tax year counts once: when a return was amended, only the latest return for that period is used below (superseded returns stay listed, greyed, under Finances).
People paid by the organization
No one listed on these returns was paid.
Unpaid officers and directors · 5 people
| Name | Latest title | Years | Organizations |
|---|---|---|---|
| Victoria Foles | Chair | 2020-2021 | 1 |
| Nicholas Foles | Vice Chairman | 2020-2021 | 1 |
| Christopher Maragos | Secretary & Treasurer | 2020-2021 | 1 |
| Timothy Owens | Member | 2020-2021 | 1 |
| Joey Feste | Member | 2020-2021 | 1 |
People by year
2021 · 5 people listed · none paid · 0 employees · 7 volunteers
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| Victoria Foles | Chair | 10 | $0 | $0 | $0 | $0 | 1 |
| Nicholas Foles | Vice Chairman | 10 | $0 | $0 | $0 | $0 | 1 |
| Christopher Maragos | Secretary & Treasurer | 10 | $0 | $0 | $0 | $0 | 1 |
| Timothy Owens | Member | 5 | $0 | $0 | $0 | $0 | 1 |
| Joey Feste | Member | 5 | $0 | $0 | $0 | $0 | 1 |
2020 · 5 people listed · none paid · 0 employees · 5 volunteers
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| Victoria Foles | Chair | 10 | $0 | $0 | $0 | $0 | 1 |
| Nicholas Foles | Vice Chairman | 10 | $0 | $0 | $0 | $0 | 1 |
| Christopher Maragos | Secretary & Treasurer | 10 | $0 | $0 | $0 | $0 | 1 |
| Timothy Owens | Member | 5 | $0 | $0 | $0 | $0 | 1 |
| Joey Feste | Member | 5 | $0 | $0 | $0 | $0 | 1 |
Highest-paid independent contractors
No independent contractors reported.
Who the money went to
Grants this organization reported paying: Schedule I Part II of the Form 990, or the grants-paid list on the 990-PF. Open a year for every recipient. Recipients link to their own page when the grant names an EIN we have (990-PF grants list no EIN, so those link only on an exact, unique name and state). Grants to individuals are counted; their names are not shown.
2021 · 6 grants to organizations · $520K
Listed grants add up to $520,000; the return's “grants paid” expense line says $812,015. Returns can differ here (grants paid vs. accrued, items listed elsewhere); check the filing.
2020 · 13 grants to organizations · $885K
Listed grants add up to $885,000; the return's “grants paid” expense line says $972,000. Returns can differ here (grants paid vs. accrued, items listed elsewhere); check the filing.
Negative amounts are returned or refunded grants; they are listed last and left out of the totals of grants paid.
Who gave
Contributor names are not public for this form type.
Public charities filing Form 990 or 990-EZ report large donors on Schedule B, but the IRS withholds their names and addresses from public copies. Private foundations (990-PF) are different: their contributors are public.
Finances
Newest first. Each filing: its name on one row, its figures on the row beneath. Greyed filings are superseded by a later return for the same period and are left out everywhere else on this page.
| Revenue | Expenses | Assets | Net assets | Contributions | Program revenue | Officer pay | Employees | Volunteers |
|---|---|---|---|---|---|---|---|---|
| 2021 · Form 990 | ||||||||
| $615,088 | $838,050 | $7,202 | $7,202 | $615,088 | $0 | - | 0 | 7 |
| 2020 · Form 990 | ||||||||
| $1,247,193 | $1,017,028 | $230,165 | $230,165 | $1,247,193 | $0 | $0 | 0 | 5 |
Funders of this organization
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Where the money went
Every expense line on each return, biggest first: Form 990 Part IX (with its program, management and fundraising columns), 990-EZ Part I, or 990-PF Part I. Event marks lines the organization itself describes as events. “Events” in each summary adds those lines, conferences and meetings, and the direct costs of fundraising events. Unusual is not the same as improper. Many of these patterns have ordinary explanations. Check the filing.
2021 · Form 990 · $838,050 spent · pay $0 · grants $812,015 · events $6,314
| Line | As described | Total | Program | Management | Fundraising | Share |
|---|---|---|---|---|---|---|
| Grants to US organizations and governments | $812,015 | $812,015 | - | - | 96.9% | |
| Fees: professional fundraisers | $10,577 | - | - | $10,577 | 1.3% | |
| Fees: management | $8,654 | $5,769 | $2,885 | $0 | 1.0% | |
| Other (as described) Event | Event | $6,314 | $6,314 | $0 | $0 | 0.8% |
| Other (as described) | Bank Fees | $315 | $315 | $0 | $0 | 0.0% |
| Other (as described) | Operations | $175 | $175 | $0 | $0 | 0.0% |
| Total | $838,050 | 100% |
2020 · Form 990 · $1,017,028 spent · pay $0 · grants $972,000 · events $1,090
| Line | As described | Total | Program | Management | Fundraising | Share |
|---|---|---|---|---|---|---|
| Grants to US organizations and governments | $972,000 | $972,000 | - | - | 95.6% | |
| Fees: management | $43,096 | $36,632 | $6,464 | $0 | 4.2% | |
| Other (as described) Event | Event | $1,090 | $1,090 | $0 | $0 | 0.1% |
| Other (as described) | Printing | $442 | $442 | $0 | $0 | 0.0% |
| Other (as described) | Bank Fees | $400 | $400 | $0 | $0 | 0.0% |
| Total | $1,017,028 | 100% |