Fernandez Family Foundation Inc
- Assets
- $4.7m
- Revenue
- $328.4k
- Investments
- $4.1m
- Employees
- 0
- Location
- Fort Myers, FL
- Founding
- 02/1995
- Data as of
- 11/2023
- EIN
- 06-1414462
Organization Overview
Fernandez Family Foundation Inc is located in Fort Myers, FL. The organization was established in 1995. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fernandez Family Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 11/2023, Fernandez Family Foundation Inc generated $328.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (27.2%) each year. All expenses for the organization totaled $285.1k during the year ending 11/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Fernandez Family Foundation Inc has awarded 253 individual grants totaling $1,652,631. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Manuel Fernandez Dir / Treas | 2 | $0 | |
Joanne Fernandez Dir / Pres | 2 | $0 | |
Kimberly Ann Fernandez Wenn Dir/asst Sec | 2 | $0 | |
Christina Robertson Dir/asst Sec | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $15,833 |
| Dividends & Interest | $75,753 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $237,019 |
| Capital Gain Net Income | $237,019 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$164 |
| Total Revenue | $328,441 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $315 |
| Taxes | $6,460 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $18,427 |
| Contributions, gifts, grants paid | $266,650 |
| Total expenses and disbursements | $285,077 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $485,502 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $4,125,853 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $98,694 |
| Total assets | $4,710,049 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $39,000 |
| Total liabilities | $39,000 |
Grants Awarded
Over the last fiscal year, Fernandez Family Foundation Inc has awarded $266,650 in support to 30 organizations.
| Grant Recipient | Amount |
|---|---|
BIG ARTS SANIBEL ISLAND PURPOSE: GENERAL | $3,000 |
BUILD A BOX PURPOSE: GENERAL | $1,000 |
CLIFFS RESIDENT OUTREACH PURPOSE: GENERAL | $15,000 |
COMMUNITY HOUSING & RESOURCES PURPOSE: GENERAL | $5,000 |
CRISTO EL REY SAN JOSE JESUIT HIGH PURPOSE: GENERAL | $10,000 |
DESIRE STREET MINISTRIES PURPOSE: GENERAL | $5,000 |