Eloise Kimmelman Foundation
- Assets
- $3.8m
- Revenue
- $1.4m
- Investments
- $3.7m
- Employees
- 0
- Location
- Coral Gables, FL
- Founding
- 12/2005
- Data as of
- 04/2023
- EIN
- 20-3270603
Organization Overview
Eloise Kimmelman Foundation is located in Coral Gables, 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. Eloise Kimmelman Foundation 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 04/2023, Eloise Kimmelman Foundation generated $1.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 17.9% each year . All expenses for the organization totaled $1.7m during the year ending 04/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Eloise Kimmelman Foundation has awarded 41 individual grants totaling $10,700,000. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $123,341 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,294,231 |
| Capital Gain Net Income | $1,294,231 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $9 |
| Total Revenue | $1,417,581 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $35,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $160,292 |
| Taxes | $13,559 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $79,320 |
| Total operating and administrative expenses | $325,645 |
| Contributions, gifts, grants paid | $1,400,000 |
| Total expenses and disbursements | $1,725,645 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $162,239 |
| 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 | $12,089 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,353,720 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,826,923 |
| 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 | $3,811,385 |
| Total liabilities | $3,811,385 |
Grants Awarded
Over the last fiscal year, Eloise Kimmelman Foundation has awarded $1,400,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF MIAMI - DEPARTMENT OF NEUROLOGY PURPOSE: EDUCATION | $200,000 |
UNIVERSITY OF MIAMI - SCHOOL OF BUSINESS PURPOSE: EDUCATION | $200,000 |
UNIVERSITY OF MEMPHIS PURPOSE: EDUCATION | $100,000 |
BETHESDA HOSPITAL FOUNDATION PURPOSE: MEDICAL SUPPORT | $300,000 |
UNIVERSITY OF MIAMI - DEPARTMENT OF VASCULAR SURGERY PURPOSE: EDUCTION | $500,000 |
INDIANA UNIVERSITY FOUNDATION PURPOSE: EDUCATION | $100,000 |