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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Human Services Children & Families First Endowment Inc.

Children & Families First Endowment Inc.

Fiscal year ending 2024. Filed on June 12, 2025.

555 Justison Street Suite 150
Wilmington, Delaware 19801

Children & Families First Endowment Inc. (EIN: 27-1705610), also known as Children and Families Firstinc, has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Children & Families First Endowment Inc., a 501(c)(3) charitable organization, reported compensation for 2 employees. Among the employees shown here, the average compensation is $194,477. The highest compensated employee at Children & Families First Endowment Inc. is Kirsten Olson with fiscal year 2024 compensation of $218,854.

Revenue, expenses, and employee compensation

Revenue

$105,984

Expenses

$19,607

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Kirsten Olson
Chief Executive Officer
$218,854
$0 $202,891 $15,963
Brian Maxwell
Chief Financial Officer
$170,099
$0 $161,728 $8,371

Benchmark Employee Compensation

Non-Employee Board Members

Jeffery S Sills
President
Nicole Magnusson
Member
Paul L McCommons
Vice President
Pete Lutus
Secretary
William Bowlsbey
Member

Mission Statement

CHILDREN & FAMILIES FIRST ENDOWMENT INC.'S (CFFE) SOLE PURPOSE IS TO ACT EXCLUSIVELY FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, OR TO CARRY OUT THE PURPOSES OF CHILDREN & FAMILIES FIRST DELAWARE INC., AN ORGANIZATION DESCRIBED IN SECTION 509(A)(2) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED. THE ACTIVITIES OF CFFE WILL BE TO HOLD AND MANAGE THE ENDOWMENT ASSETS OF CHILDREN AND FAMILIES FIRST DELAWARE INC. ADDITIONALLY, CFFE WILL ENGAGE IN A VARIETY OF FUNDRAISING ACTIVITIES WHICH MAY INCLUDE FOUNDATION, CORPORATE AND INDIVIDUAL SOLICITATIONS AND SPECIAL EVENTS. PROCEEDS FROM ACTIVITIES OF THE CORPORATION WILL EITHER BE REINVESTED IN THE ENDOWMENT FOR FUTURE USE BY CHILDREN & FAMILIES FIRST DELAWARE INC. OR DISTRIBUTED TO CHILDREN & FAMILIES FIRST DELAWARE INC. TO BE USED IN FURTHERANCE OF ITS EXEMPT PURPOSE.

Revisions to this organization profile

June 12, 2025:
2024 Children & Families First Endowment Inc. 990 filed
November 13, 2024:
2023 Children & Families First Endowment Inc. 990 filed
November 2, 2023:
2022 Children & Families First Endowment Inc. 990 filed

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