Ron And Lisa Fenech Foundation Inc
- Assets
- $5.8m
- Revenue
- $3.9m
- Investments
- $633.6k
- Employees
- 0
- Location
- Naples, FL
- Founding
- 02/2005
- Data as of
- 12/2021
- EIN
- 20-1944647
Organization Overview
Ron And Lisa Fenech Foundation Inc is located in Naples, FL. The organization was established in 2005. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Ron And Lisa Fenech 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 12/2021, Ron And Lisa Fenech Foundation Inc generated $3.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 36.1% each year . All expenses for the organization totaled $1.3m during the year ending 12/2021. While expenses have increased by 20.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Ron And Lisa Fenech Foundation Inc has awarded 173 individual grants totaling $3,220,620. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
MAKE CONTRIBUTIONS TO QUALIFIED CHARITABLE ORGANIZATIONS SUPPORTING CHILDREN AND THE UNDERPRIVILEGED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael J Fenech Director | 1 | $0 | |
Lisa R Fenech Director | 1 | $0 | |
Taylor R Fenech Director | 1 | $0 | |
Ronald J Fenech Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,463,838 |
| Interest on Savings | $27,880 |
| Dividends & Interest | $26,284 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,425,516 |
| Capital Gain Net Income | $1,425,516 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $3,943,518 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $17,405 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,697 |
| Total operating and administrative expenses | $47,527 |
| Contributions, gifts, grants paid | $1,272,250 |
| Total expenses and disbursements | $1,319,777 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $220,674 |
| Savings and temporary cash investments | $4,909,648 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $5,763,884 |
| 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 | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Ron And Lisa Fenech Foundation Inc has awarded $1,257,250 in support to 26 organizations.
| Grant Recipient | Amount |
|---|---|
LIFELINE YOUTH MINISTRIES PURPOSE: EXEMPT PURPOSE OF ORGANIZATION | $1,000,000 |
Naples, FL PURPOSE: EXEMPT PURPOSE OF ORGANIZATION | $30,000 |
CHILD AND PARENT SERVICES INC PURPOSE: EXEMPT PURPOSE OF ORGANIZATION | $25,000 |
BOYS AND GIRLS CLUB - GOSHEN PURPOSE: EXEMPT PURPOSE OF ORGANIZATION | $25,000 |
South Bend, IN PURPOSE: EXEMPT PURPOSE OF ORGANIZATION | $25,000 |
YORK ELEMENTARY SCHOOL PURPOSE: EXEMPT PURPOSE OF ORGANIZATION | $23,250 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Pentecost Foundation Bradenton, FL | $91,770,712 | $23,508,587 |
The Henry W Grady Health System Foundation Inc Atlanta, GA | $41,862,389 | $12,481,516 |
Micky And Madeleine Arison Family Foundation Coral Gables, FL | $232,510,515 | $23,555,348 |
Thomas W Smith Foundation Boca Raton, FL | $35,370,958 | $23,899,669 |
University Of Central Florida Research Foundation Inc Orlando, FL | $26,737,307 | $16,545,937 |
Wonderful Life Foundation West Palm Beach, FL | $22,652,179 | $19,424,572 |
Thompson-Hartford Foundation Inc Tampa, FL | $0 | $6,094,384 |
Harrell Family Charities Inc Lakeland, FL | $0 | $11,320,223 |
Audrey And Martin Gruss Foundation West Palm Beach, FL | $0 | $7,573,459 |
Phil J And Alice S Sheridan Foundation Inc Macon, GA | $17,357,251 | $6,663,970 |
St2 Foundation Inc Sunny Isles Beach, FL | $11,092,190 | $2,139,284 |
Davis Love Iii Foundation St Simons Island, GA | $5,238,841 | $10,992,325 |