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Nonprofit · EIN 52-1970352

FMI FOUNDATION

Tax-exempt · ARLINGTON, VA 22202

Financials

$737K$964K2023$1.8M$1.5M2024
Revenue Expenses · by fiscal year end
Financials of FMI FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,824,078$1,526,563$297,515$11,534,955$522,099$11,012,856
December 31, 2023990$736,933$964,172-$227,239$12,161,980$1,344,775$10,817,205
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$594,769
Program service revenue
$0
Investment income
$1,229,309
Net gain from sales of assets
$872,128
Other revenue
$0

Expenses

Grants and similar amounts paid
$165,000
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$1,019
Accounting fees
$5,460
Travel
$16,159
Depreciation
$10,101
Program services (functional)
$542,831
Management and general (functional)
$381,915
Fundraising (functional)
$601,817

Balance sheet and other

Total assets, start of year
$12,161,980
Total assets, end of year
$11,534,955
Total liabilities, end of year
$522,099
Net assets, end of year
$11,012,856
Publicly traded securities
$11,143,362
Net assets without donor restrictions
$11,012,856
Gross receipts
$6,676,403
Employees
0
Volunteers
23
Year formed
1996
State of legal domicile
DC

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
LESLIE G SARASINPRESIDENT
Officer
1$0$6,158,252$48,469
SALVATORE J DICARLOCFO/TREASURER
Officer
1$0$545,043$65,912
DAVID FIKESSENIOR VP/SECRETARY
Officer
19$0$321,064$65,365
ART POTASHCHAIR
Trustee or director, Officer
1$0$0$0
TIFFANY MENYHARTTRUSTEE
Trustee or director
1$0$0$0
PAM STEWARTTRUSTEE
Trustee or director
1$0$0$0
JIM WISPINSKITRUSTEE
Trustee or director
1$0$0$0
DAGMAR BOGGSTRUSTEE
Trustee or director
1$0$0$0
BRENT COTTENTRUSTEE
Trustee or director
1$0$0$0
KEITH DAILEYTRUSTEE
Trustee or director
1$0$0$0
KEVIN DAVISTRUSTEE UNTIL 12/24
Trustee or director
1$0$0$0
MOLLY FOGARTYTRUSTEE
Trustee or director
1$0$0$0
CHRIS FOLEYTRUSTEE UNTIL 12/24
Trustee or director
1$0$0$0
BRIAN GEORGETRUSTEE
Trustee or director
1$0$0$0
NEIL GOLUBTRUSTEE UNTIL 12/24
Trustee or director
1$0$0$0
11 more people on this return
NameTitleHours / weekCompensation
OSCAR GONZALEZTRUSTEE
Trustee or director
1$0
GEORGIA VAN GUNDYTRUSTEE UNTIL 2/24
Trustee or director
1$0
TODD JONESTRUSTEE
Trustee or director
1$0
RICK KEYESTRUSTEE
Trustee or director
1$0
OLI MORTONTRUSTEE UNTIL 12/24
Trustee or director
1$0
JOSEPH SHERIDANTRUSTEE UNTIL 12/24
Trustee or director
1$0
MIKE VAILTRUSTEE
Trustee or director
1$0
JULIA WELLSTRUSTEE
Trustee or director
1$0
BRAD W BROOKSHIREPAST CHAIR UNTIL 12/24
Trustee or director, Officer
1$0
MARVIN VINESTRUSTEE AS OF 4/24
Trustee or director
1$0
MARY JANE MELENDEZTRUSTEE AS OF 6/24
Trustee or director
1$0
990 for the year ended December 31, 2023: 26 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
LESLIE G SARASINPRESIDENT
Officer
1$0$3,228,539$51,691
SALVATORE J DICARLOCFO/TREASURER
Officer
1$0$530,143$84,799
DAVID FIKESSENIOR VP/SECRETARY
Officer
19$0$303,068$61,004
ART POTASHCHAIR (AS OF 1/2023)
Trustee or director, Officer
1$0$0$0
TIFFANY MENYHARTTRUSTEE (AS OF 6/2023)
Trustee or director
1$0$0$0
PAM STEWARTTRUSTEE (AS OF 1/2023)
Trustee or director
1$0$0$0
JIM WISPINSKITRUSTEE (AS OF 1/2023)
Trustee or director
1$0$0$0
DAGMAR BOGGSTRUSTEE
Trustee or director
1$0$0$0
BRENT COTTENTRUSTEE
Trustee or director
1$0$0$0
KEITH DAILEYTRUSTEE
Trustee or director
1$0$0$0
KEVIN DAVISTRUSTEE
Trustee or director
1$0$0$0
MOLLY FOGARTYTRUSTEE
Trustee or director
1$0$0$0
CHRIS FOLEYTRUSTEE
Trustee or director
1$0$0$0
BRIAN GEORGETRUSTEE
Trustee or director
1$0$0$0
NEIL GOLUBTRUSTEE
Trustee or director
1$0$0$0
OSCAR GONZALEZTRUSTEE
Trustee or director
1$0$0$0
GEORGIA VAN GUNDYTRUSTEE
Trustee or director
1$0$0$0
TODD JONESTRUSTEE
Trustee or director
1$0$0$0
RICK KEYESTRUSTEE
Trustee or director
1$0$0$0
OLI MORTONTRUSTEE
Trustee or director
1$0$0$0
JOSEPH SHERIDANTRUSTEE
Trustee or director
1$0$0$0
MIKE VAILTRUSTEE
Trustee or director
1$0$0$0
JULIA WELLSTRUSTEE
Trustee or director
1$0$0$0
BRAD W BROOKSHIREPAST CHAIR (AS OF 1/2023)
Trustee or director, Officer
1$0$0$0
GEOFF TANNERTRUSTEE (UNTIL 4/2023)
Trustee or director
1$0$0$0
KIRK TANNERTRUSTEE (UNTIL 12/2023)
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
251 18TH ST S STE 1200, ARLINGTON, VA 22202-3537
Principal officer (990 for 2024)
LESLIE G SARASIN, 251 18TH STREET S 1200, ARLINGTON, VA 22202
Signed the 990
SALVATORE J DICARLO, TREASURER/CFO
Phone
(202) 452-8444
Return prepared by
CBIZ ADVISORS LLC

Mission

FMI FOUNDATION (THE FOUNDATION) PROVIDES FUNDS TO HELP SUPPORT THE FOOD INDUSTRY'S IMPORTANT FOOD SAFETY, HEALTH AND NUTRITION PROGRAMS. THESE PROGRAMS PROTECT CONSUMERS FROM FOODBORNE ILLNESS AND ENCOURAGE HEALTHIER EATING. THESE PROGRAMS INCLUDE THE PARTNERSHIP FOR FOOD SAFETY EDUCATION, UNIFIED VOICE PROTOCOL AND THE FAMILY MEALS MONTH.

990 for the year ended December 31, 2024

Program accomplishments

  • THE FOUNDATION'S GRANT PROGRAMS FOCUS ON CONSUMERS, STORE ASSOCIATES AND OTHER WORKERS, AS WELL AS FOOD SUPPLIERS TO ADVANCE NUTRITION, HEALTH AND FOOD SAFETY. THROUGH INTERACTION WITH THE NON-PROFIT PARTNERSHIP FOR FOOD SAFETY EDUCATION, RESOURCES FROM THE FOUNDATION HAVE ENABLED THE PARTNERSHIP TO DEVELOP THE ONLY PUBLIC-PRIVATE COLLABORATIVE THAT FOCUSES EXCLUSIVELY ON THE PREVENTION OF FOODBORNE ILLNESS AT THE POINT OF CONSUMER HANDLING AND PREPARATION IN THE HOME. THE FOUNDATION ALSO GAVE GRANTS AND PAID OTHER EXPENSES RELATED TO THE UNIFIED VOICE PROTOCOL WHICH ESTABLISHES A FRAMEWORK TO PROACTIVELY CREATE AN ENVIRONMENT OF TRUST IN THE FOOD AND CONSUMER GOODS INDUSTRIES. THE FOUNDATION IS ALSO WORKING WITH JUNIOR ACHIEVEMENT US TO HELP PROMOTE THE FOOD INDUSTRY AS A PREFERRED CAREER CHOICE.THE FOUNDATION STARTED THE FAMILY MEALS CAMPAIGN TO ENCOURAGE ONE MORE MEAL AT HOME EACH WEEK. FAMILY MEALS EATEN AT HOME HAVE PROVEN TO BENEFIT THE HEALTH AND WELLNESS OF CHILDREN AND ADOLESCENTS, TO FIGHT OBESITY, SUBSTANCE ABUSE AND TO MAKE FAMILIES STRONGER. THE FOUNDATION PROVIDES ONLINE TOOLKITS THAT RETAILERS AND SUPPLIERS CAN USE TO PROMOTE FAMILY MEALS. THE TOOLKIT INCLUDES RECIPES, PLANNING SUGGESTIONS, RECIPE LISTS AND MESSAGING ABOUT THE BENEFITS OF FAMILY MEALS.THE FOUNDATION PROVIDED SCHOLARSHIPS AND FUNDING TO UNIVERSITY SCIENCE PROGRAMS TO PROMOTE TRAINING FOR AUDITORS IN FOOD SAFETY IN AN ACCREDITED CERTIFICATION PROGRAM.
    Expenses $542,831 · grants $165,000

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
52-1970352
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization (509(a)(3))
Donations deductible (Pub 78)
Supporting organization of unknown type
Exempt since
1996
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$11,534,955
Income (IRS master file)
$6,676,403

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,824,078$1,526,563$11,534,955XML
990December 2023$736,933$964,172$12,161,980XML
990December 2022$937,449$1,145,052$10,601,900IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 52-1970352).

Questions about FMI FOUNDATION

What is the EIN of FMI FOUNDATION?
The employer identification number (EIN) of FMI FOUNDATION is 52-1970352.
Is FMI FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
Are donations to FMI FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does FMI FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of FMI FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FMI FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of FMI FOUNDATION?
The 990 for the year ended December 31, 2024 names LESLIE G SARASIN.
Who are the officers and directors of FMI FOUNDATION?
The 990 for the year ended December 31, 2024 lists 26 people; 0 received compensation from the organization.
How much revenue does FMI FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,824,078, expenses of $1,526,563 and total assets of $11,534,955 at year end.

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