EIN 61-1544897

The Fregenet Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
2004
Most recent tax filings
2023-06-01
NTEE code, primary
Description
The Fregenet Foundation dedicates itself to creating educational opportunities for underserved children in Ethiopia, providing high-quality early education to overcome poverty and gender inequality. It is a non-profit corporation that opens its doors to low-income families. Its mission includes building schools with lower teacher/student ratios and providing free education, including Kindergarten and Kindergarten programs. One of its projects is the Bishoftu Elementary School Construction project. The Foundation is located in Los Angeles, CA.
Total revenues
$35,687
2023
Total expenses
$41,188
2023
Total assets
$83,555
2023
Num. employees
0
2023

Program areas at The Fregenet Foundation

The Fregenet Foundation is a non-profit corporation that provides early childhood education to children from low-income families in Ethiopia. The first Fregenet School (Fregenet KidanLehitsanat) opened its doors in Addis Ababa, Ethiopia, in the fall of 2004 and enrolled 31 children ages 4 to 6 from a small and impoverished community in Addis Ababa. The vision for the school was inspired by Fregenet Tafesse Woubshet, an Ethiopian-American who died in 2003 before she could realize her dream of returning to Ethiopia to help children. Thanks to generous benefactors, in the school's 19 years of operation, the number of students served has grown to over 500. About the School: Many students are from single-parent households, while others are from families of unemployed parents or precariously employed families. Students are selected in a fair manner and in accordance with the nondiscrimination policy of the Foundation and the School. Some of the students, if not all, may not have had the opportunity to go to school had it not been for the Foundation. The school currently supports 80 students. There are three classes for the Kindergarten, or "KG." KG 1: These are the youngest children, ages 3 to 4, in their first months at a teaching establishment. KG 2: These students have completed one year of KG and can identify letters and numbers and think in logical patterns. KG 3: Students in KG 3 are 5 to 6 years old and are developing reading and writing skills in Amharic (the national language of Ethiopia) and English. Lessons are given in accordance with the curriculum required by the Federal Ministry of Education. The textbooks used are also those prepared and approved by the relevant educational authorities of the country. All students receive education at no charge. School uniforms and school supplies are also distributed to each student at no cost to their families. In addition, the newly inaugurated Fregenet Dembi Elementary School in Bishoftu has welcomed the first batch of students, thereby continuing the Foundation's commitment to and investment in the education of Ethiopia's children.
One of the missions of the Fregenet Foundation is to build schools that have a lower teacher/student ratio (2 to 30) and provide free education, including Kindergarten and Kindergarten programs. Project #1: The Bishoftu Elementary School Construction project was to build a model school, Fregenet Dembi Elementary School, on a 12,000 m2 plot of land. This model school will house seven classrooms, each with a capacity to accommodate 30 students from Preschool, Kindergarten 1, 2 & 3, Grade 1 to Grade 4, a library, a computer lab, a cafeteria, and a clinic, and it will serve the educational and social needs of the children. The construction of the model school is 100% completed. The Fregenet Dembi Elementary School in Bishoftu welcomed the first batch of students in September 2022, thereby continuing the Foundation's commitment to and investment in the education of Ethiopia's children.Project #2 The Fregenet Foundation undertook a second project, Addis Abeba Elementary School Construction, to build a second model school to expand access to education to many children from underprivileged communities in the Ethiopian capital, Addis Ababa. The Addis Abeba project is to build a model elementary school, Fregenet Elementary School, on a plot of land acquired for free by the Addis Abeba City Administration of Ethiopia. This model school will house seven classrooms, each with a capacity to accommodate 30 students from Preschool, Kindergarten 1, 2 & 3, Grade 1 to Grade 4, a library, a computer lab, a cafeteria, and a clinic that will serve the educational and social needs of the children. The construction of permanent fence is completed in January 2023.

Who funds The Fregenet Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
AmazonSmile FoundationGeneral Support$12

Personnel at The Fregenet Foundation

NameTitleCompensation
Elizabeth AsratFinancial Officer$0
Peter CallaghanDirector and Financial Officer$0
Hirut DagnewBord of Director , Program and Pulic Relations Committee$0
Peter DavisBoard , Secretary and Public Relations Committee$0
Abdi Sherif DrDirector and Fundraising Committee$0

Financials for The Fregenet Foundation

RevenuesFYE 06/2023
Total grants, contributions, etc.$35,687
Program services$0
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$35,687

Form 990s for The Fregenet Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-062023-11-05990View PDF
2022-062022-11-06990View PDF
2021-062021-10-02990View PDF
2020-062021-02-18990View PDF
2019-062020-01-21990View PDF
...and 11 more Form 990s
Data update history
January 10, 2024
Posted financials
Added Form 990 for fiscal year 2023
July 14, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 27, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 3, 2023
Updated personnel
Identified 1 new personnel
August 22, 2021
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Grantmaking organizationsSchoolsK-12 schoolsCharities
Issues
Education
Characteristics
Tax deductible donationsNo full-time employeesAccepts online donations
General information
Address
901 S Flower St Unit 411
Los Angeles, CA 90015
Metro area
Los Angeles-Long Beach-Anaheim, CA
County
Los Angeles County, CA
Website URL
fregenetfoundation.org/ 
Phone
(310) 977-7382
IRS details
EIN
61-1544897
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2004
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B24: Elementary School
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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