Florand Research Foundation Inc
- Assets
- $2.4m
- Revenue
- $33.8k
- Investments
- $1.9m
- Employees
- 0
- Location
- Gainesville, FL
- Founding
- 10/2005
- Data as of
- 12/2021
- EIN
- 20-2189214
Organization Overview
Florand Research Foundation Inc is located in Gainesville, FL. The organization was established in 2005. According to its NTEE Classification (V20) the organization is classified as: Social Science, under the broad grouping of Social Science and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Florand Research 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, Florand Research Foundation Inc generated $33.8k 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 (3.2%) each year. All expenses for the organization totaled $186.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (3.2%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Florand Research Foundation Inc has awarded 20 individual grants totaling $447,600. 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
CONTRIBUTIONS TO AND SUPPORT OF OTHER EXEMPT ORGANIZATIONS.
CONDUCTING RESEARCH ON THE METASCIENCE FIELDS OF ONTOLOGY, MERONOMY, TAXANOMY, SCIENTIFIC METHODOLOGIES AND SCIENTIFIC TERMINOLOGY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles Gilreath Chairperson | 10 | $28,000 | |
Victor Raymos Treasurer | 5 | $0 | |
Herbert Webb Board Member | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $13 |
| Dividends & Interest | $27,596 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $6,143 |
| Capital Gain Net Income | $6,143 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $33,752 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $28,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $2,142 |
| Interest | $0 |
| Taxes | $1,577 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $8,578 |
| Total operating and administrative expenses | $56,815 |
| Contributions, gifts, grants paid | $129,200 |
| Total expenses and disbursements | $186,015 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $391,854 |
| Savings and temporary cash investments | $141,772 |
| 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 | $2,428,458 |
| 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 | $294 |
| Total liabilities | $294 |
Grants Awarded
Over the last fiscal year, Florand Research Foundation Inc has awarded $129,200 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
SPCA OF GAINESVILLE INC PURPOSE: GENERAL CONTRIBUTION | $102,000 |
THRIVE NETWORKS PURPOSE: GENERAL CONTRIBUTION | $20,000 |
HOME VAN PET CARE PURPOSE: GENERAL CONTRIBUTION | $3,000 |
Jacksonville, FL PURPOSE: GENERAL CONTRIBUTION | $2,000 |
Washington, DC PURPOSE: GENERAL CONTRIBUTION | $2,000 |
DOCTORS WITHOUT BORDERS PURPOSE: GENERAL CONTRIBUTION | $200 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Georgia Public Policy Foundation Inc Atlanta, GA | $645,070 | $1,071,586 |
Myers & Briggs Foundation Inc Gainesville, FL | $6,607,422 | $1,982,316 |
Frank W Norris Foundation Athens, GA | $900,571 | $728,059 |
Caring Fields Felines Palm City, FL | $1,678,242 | $635,398 |
Georgia Council For Social Sciences Avondale Est, GA | $85,758 | $263,320 |
Florand Research Foundation Inc Gainesville, FL | $2,428,458 | $33,752 |
Perspectives Of Freedom Foundation Inc Pompano Beach, FL | $152,403 | $0 |
Destin 50 Beach Ultra Destin, FL | $76,180 | $0 |