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Charles A. Frueauff Foundation, Inc.

Profile

Last Updated: 2016-06-07

At A Glance

Charles A. Frueauff Foundation, Inc.

200 River Market Ave., Ste. 100

Little Rock, AR United States 72201-1762

Telephone: (501) 324-2233

URL: www.frueauff.org

Type of Grantmaker

Independent foundation

Additional Descriptor

  • Family foundation

Financial Data

(yr. ended 2014-12-31)

Assets: $112,102,584

Total giving: $4,877,690

EIN

135605371

BRIDGE Number

6113197067

Background

Incorporated in 1950 in NY - The Charles A. Frueauff Foundation was founded in 1950 by the Last Will and Testament of Charles A. Frueauff, a successful New York attorney who gave his time and resources to many New York charitable organizations. Harry Day Frueauff, brother of Charles, was the foundation's first president. In the early 1970's, Harry Day Frueauff, Jr. became the third foundation President. David A. Frueauff, grandnephew of Charles, was elected 5th President in 1996

Purpose and Activities

The mission of the foundation is to improve the lives of those in need by awarding grants to nonprofits in the areas of social services, health and hospitals, and higher education.

Program Area(s)

The grantmaker has identified the following area(s) of interest:

Education

The foundation primarily supports private four year colleges and universities. This aid takes many forms. Presently, numerous students are attending colleges on endowed scholarships established by the foundation twenty to thirty years ago. With the rapid advancement in technology, educational institutions are in need of funding for office, dormitory, and library automation systems and software. The foundation has provided funds for assisting in such projects. Recently, institutions of higher education have begun various programs in the area of Service Learning. Supporting persons leaving welfare, preparing students for employment in non-profit agencies, tutoring at-risk youth, and revitalizing neighborhoods are just some of the creative things taking place in colleges and universities today. Although large grants are not usually given, foundation funds have been given to support building campaigns and major fund drives. In most instances, these CAFF grants are used to meet challenges from other foundations.

Health

Since its founding, hospitals and health agencies have been recipients of foundation awards. Equipment, outreach programs, staff positions, screening and education materials are just a few examples of grants given. Health education programs for at-risk children and their parents, support for the critically ill, AIDS/HIV education programs, and nursing scholarships have all received awards in the past decade. Specific institutions and specific programs, rather than national organizations, are usually given priority.

Human Services

The growing needs of such organizations continue to command the attention of the foundation today. The enormous problems facing America's young people, the economic conditions in many of our cities, and the numerous issues confronting families are all topics of concern to the foundation. Welfare-to-Work programs, creative approaches to working with at-risk youth, daycare, and economic development initiatives are receiving attention from the trustees today.

Fields of Interest

Subjects
  • Child welfare
  • Health
  • Higher education
  • Hospital care
  • Human services
Population Groups
  • Academics
  • Children and youth
  • Economically disadvantaged people
  • Low-income and poor people

Financial Data

Year ended 2014-12-31

Assets: $112,102,584 (market value)

Expenditures: $6,331,521

Total giving: $4,877,690

Qualifying distributions: $5,500,016