Friends of Medfield Seniors Inc.

Friends of Medfield Seniors Inc., commonly abbreviated as FOSI, is a U.S. nonprofit organization located in Medfield, Massachusetts. Established in 2003, FOSI operates as a 501(c)3 charity, focusing on promoting the dignity and well-being of seniors in the Medfield community. The organization achieves this by raising funds through various events and donations to support programs, activities, and equipment for The Medfield Council on Aging.

Mission and Impact

FOSI's mission centers around enhancing the lives of older adults by providing financial support for initiatives that benefit them. This includes organizing fundraising events such as yard sales, dances, and bake sales, with all contributions being used directly to benefit seniors. The organization ensures that all donations are tax-deductible, emphasizing transparency and accountability in its operations.

Financial Overview

Historically, FOSI's revenues have fluctuated, with notable figures including annual revenues of approximately $36,100 and $100,000. The organization manages these funds efficiently, maintaining minimal expenses such as $9,070 and $20,000 annually. FOSI's total assets have grown significantly over time, reaching $436,000, with zero liabilities reported. This financial stability allows FOSI to consistently support its mission without financial support from government agencies.

Organizational Structure

FOSI is structured as a volunteer-driven organization with no paid members. This structure ensures that all contributions go directly toward supporting local seniors, with no salaries or fees deducted from donations. Volunteers play a crucial role in organizing events and managing the organization's activities.

Community Engagement

Through its fundraising efforts, FOSI fosters strong community ties by engaging local businesses and residents in its activities. This engagement enhances the visibility and impact of its events, contributing to the overall well-being of seniors in Medfield.