Flamboyan Foundation Inc
- Assets
- $23.3m
- Revenue
- $18.8m
- Investments
- $8.0m
- Employees
- 0
- Location
- Washington, DC
- Founding
- 07/2007
- Data as of
- 06/2021
- EIN
- 20-8924675
Organization Overview
Flamboyan Foundation Inc is located in Washington, DC. The organization was established in 2007. According to its NTEE Classification (T23) the organization is classified as: Private Operating 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. Flamboyan 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 06/2021, Flamboyan Foundation Inc generated $18.8m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 47.6% each year . All expenses for the organization totaled $7.4m during the year ending 06/2021. While expenses have increased by 11.9% per year over the past 3 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 2014, Flamboyan Foundation Inc has awarded 265 individual grants totaling $9,035,187. 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
EFFECTIVE FAMILY ENGAGEMENT: BUILDING FAMILY ENGAGEMENT PRACTICES INTO EFFECTIVE TEACHING STRATEGIES CITY-WIDE IN DC. THE DC FAMILY ENGAGEMENT PARTNERSHIP (FEP) IS AN INTENSIVE, SCHOOL-WIDE INTERVENTION DESIGNED TO SUPPORT STUDENT SUCCESS BY TRANSFORMING THE WAYS EDUCATORS AND FAMILIES COLLABORATE WITH ONE ANOTHER. FEP USES AN INTENSIVE PRINCIPAL AND EDUCATOR CAPACITY-BUILDING MODEL, INCLUDING TEACHER TRAINING, SCHOOL LEADER COACHING, AND PROFESSIONAL DEVELOPMENT. BUILDING FLAMBOYAN FOUNDATION'S NATIONAL FAMILYENGAGEMENT STRATEGY, THE FOUNDATION SUPPORTS LOCAL ACTORS IN DIVERSE GEOGRAPHIC SITES ACROSS THE UNITED STATES WITH DEEPENING THEIR KNOWLEDGE ABOUT EFFECTIVE FAMILY ENGAGEMENT, SUPPORTING FELLOWS TO UNDERSTAND THEIR CONTEXT, FACILITATING A PROCESS FOR FELLOWS TO LAUNCH AND IMPLEMENT A FAMILY ENGAGEMENT FOCUSED STRATEGIC PLAN, AND BUILDING A NATIONAL COMMUNITY OF PRACTICE FOCUSED ON EFFECTIVE FAMILY ENGAGEMENT.
STRENGTHENING K-3 READING: READING PROFICIENCY BY THIRD GRADE IS A CORNERSTONE OF FUTURE ACADEMIC SUCCESS. BY PROMOTING K-3 READING COMPREHENSION IN PUERTO RICO, THIS PROGRAM HAS AN EXPLICIT GOAL OF MORE STUDENTS READING AT GRADE LEVEL BY 3RD GRADE. THE FOUNDATION WORKS HAND-IN-HAND WITH TEACHERS, SCHOOL DIRECTORS, ADMINISTRATORS, RESEARCHERS AND POLICYMAKERS TO IDENTIFY THE GREATEST CHALLENGES TO SUCCESSFULLY TEACH READING IN KINDERGARTEN THROUGH THIRD GRADE, AND THEN PARTNERS WITH THEM TO CREATE SOLUTIONS.
FLAMBOYAN ARTS FUND: PRESERVING, AMPLIFYING, AND SUSTAINING THE ARTS IN PUERTO RICO, THE FLAMBOYAN ARTS FUND SUPPORTS ALL FACETS OF THE ARTS COMMUNITY, INCLUDING MUSIC, THEATER, VISUAL ARTS, DANCE, LITERATURE, AND YOUTH ARTS EDUCATION, TO ENSURE THAT THE ARTS AND CULTURE CONTINUE TO FLOURISH DURING THE REBUILDING OF PUERTO RICO.
REVITALIZING PUERTO RICO: TO ENSURE PUERTO RICO CONTINUES TO THRIVE DESPITE NATURAL AND MAN-MADE DISASTERS, FLAMBOYAN INVESTS IN REBUILDING EFFORTS, AND BUILDING A STRONG PHILANTHROPIC SECTION ON THE ISLAND.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marci Young President And COO | 40 | $281,875 | |
Carlos Rodriguez Executive Director - Pr | 40 | $179,675 | |
Justin A Jones Senior Managing Dire | 40 | $172,302 | |
Patience B Peabody Executive Director | 40 | $159,681 | |
Vanessa Milagros Gonzalez Mayol Senior Managing Dire | 40 | $149,650 | |
Cynthia K Phillips Senior Managing Dire | 40 | $130,617 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Lookthink Llc | 6/29/21 | $111,179 |
Colectiva Consulting | 6/29/21 | $108,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $18,353,859 |
| Interest on Savings | $0 |
| Dividends & Interest | $210,893 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $251,290 |
| Capital Gain Net Income | $251,290 |
| Net ST Capital Gain | $37,121 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $18,816,042 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $461,550 |
| Other employee salaries and wages | $3,416,151 |
| Pension plans, employee benefits | $420,768 |
| Interest | $0 |
| Taxes | $318,458 |
| Depreciation | $53,708 |
| Occupancy | $9,421 |
| Travel, conferences, and meetings | $7,641 |
| Printing and publications | $930 |
| Other expenses | $310,150 |
| Total operating and administrative expenses | $5,553,859 |
| Contributions, gifts, grants paid | $1,849,381 |
| Total expenses and disbursements | $7,403,240 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,163,380 |
| Savings and temporary cash investments | $7,398,194 |
| Net Accounts receivable | $35,000 |
| Net Pledges Receivable | $0 |
| Grants receivable | $653,090 |
| 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 | $42,904 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $527,515 |
| Net Land, buildings, and equipment | $32,033 |
| Other assets | $44,917 |
| Total assets | $23,344,685 |
| Accounts payable and accrued expenses | $198,594 |
| Grants payable | $176,500 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $721,067 |
| Total liabilities | $1,096,161 |
Grants Awarded
Over the last fiscal year, Flamboyan Foundation Inc has awarded $1,921,881 in support to 63 organizations.
| Grant Recipient | Amount |
|---|---|
MUSEO DE ARTE CONTEMPORANEO DE PUERTO RICO INC PURPOSE: GENERAL SUPPORT | $279,000 |
DESARROLLO Y PROMOCION CULTURAL INC PURPOSE: GENERAL SUPPORT | $115,000 |
San Juan, PR PURPOSE: GENERAL SUPPORT | $112,500 |
COLABORATIVOPR INC PURPOSE: GENERAL SUPPORT | $100,000 |
Washington, DC PURPOSE: GENERAL SUPPORT | $100,000 |
AGUS SOL Y SERENO PURPOSE: GENERAL SUPPORT | $75,000 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Flamboyan Foundation Inc has recieved totaling $1,837,500.
| Awarding Organization | Amount |
|---|---|
Andrew W Mellon Foundation New York, NY PURPOSE: TO SUPPORT INDIVIDUAL FELLOWSHIPS FOR PUERTO RICAN WRITERS ACROSS GENRES | $1,147,500 |
Ford Foundation New York, NY PURPOSE: CORE SUPPORT FOR THE FLAMBOYAN ARTS FUND, SUPPORTING EMERGING AND ESTABLISHED ARTISTS AND ARTS ORGANIZATIONS IN PUERTO RICO, BEING ATTENTIVE TO RACIAL EQUITY AND SOCIAL JUSTICE | $300,000 |
Andrew W Mellon Foundation New York, NY PURPOSE: TO SUPPORT THE LETRAS BORICUAS FELLOWSHIP FOR WRITERS FROM PUERTO RICO AND THE DIASPORA | $300,000 |
Greater Washington Community Foundation Washington, DC PURPOSE: GENERAL SUPPORT | $50,000 |
New Venture Fund Washington, DC PURPOSE: YOUTH DEVELOPMENT AND EDUCATION | $25,000 |
Enterprise Community Partners Inc Columbia, MD PURPOSE: CAPACITY BUILDING | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Flamboyan Foundation Inc Washington, DC | $23,344,685 | $18,816,042 |
Charles & Agnes Kazarian Eternal Foundation Washington, DC | $208,004,266 | $5,026,410 |
Building Hope Idaho Washington, DC | $97,183,207 | $6,746,312 |
Building Hope Holdings Inc Washington, DC | $2,525,393 | $4,512,862 |
Global Ahead Inc Derwood, MD | $0 | $4,557,570 |
Rona And Jeffrey Abramson Foundation Rockville, MD | $47,786,937 | $3,092,454 |
Jayne Koskinas Ted Giovanis Foundation For Health And Policy Highland, MD | $14,613,580 | $2,825,934 |
International Center On Nonviolent Conflict Washington, DC | $264,158 | $1,729,105 |
International Lifeline Fund Washington, DC | $430,867 | $1,125,070 |
Agecroft Association Richmond, VA | $24,452,362 | $3,235,294 |
Nature Sacred Annapolis, MD | $10,597,874 | $2,689,034 |
Constance And Carl Ferrischartiable Foundation Inc Baltimore, MD | $0 | $691,593 |