Poole Family Foundation Inc
- Assets
- $14.4m
- Revenue
- $576.4k
- Investments
- $13.9m
- Employees
- 0
- Location
- Naples, FL
- Founding
- 07/1997
- Data as of
- 12/2022
- EIN
- 22-3480365
Organization Overview
Poole Family Foundation Inc is located in Naples, FL. The organization was established in 1997. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Poole 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 12/2022, Poole Family Foundation Inc generated $576.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (10.0%) each year. All expenses for the organization totaled $1.2m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Poole Family Foundation Inc has awarded 344 individual grants totaling $7,176,151. 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 |
|---|---|---|---|
John N Poole President | 5 | $0 | |
Sharon T Poole Vice Preside | 2 | $0 | |
Amanda G Poole Secretary | 0.1 | $0 | |
Jennie E Kiesel Member | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $109,169 |
| Dividends & Interest | $234,917 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $169,327 |
| Capital Gain Net Income | $169,327 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $62,995 |
| Total Revenue | $576,408 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $44,010 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $68,309 |
| Contributions, gifts, grants paid | $1,110,352 |
| Total expenses and disbursements | $1,178,661 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $454,996 |
| 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 | $3,165,735 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $28,222 |
| Total assets | $14,401,646 |
| 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, Poole Family Foundation Inc has awarded $1,110,352 in support to 47 organizations.
| Grant Recipient | Amount |
|---|---|
COMPASSION INTERNATIONAL PURPOSE: SOCIAL SERVICE | $281,234 |
TRANSWORLD RADIO (TWR) PURPOSE: SOCIAL SERVICE | $20,000 |
PRISON FELLOWSHIP MINISTRIES PURPOSE: SOCIAL SERVICE | $100,000 |
WORLD VISION PURPOSE: SOCIAL SERVICE | $1,268 |
YOUNG LIFE PURPOSE: EDUCATION | $25,000 |
SAMARITAN'S PURSE INTERNAT'L RELIEF PURPOSE: SOCIAL SERVICE | $50,000 |