Cesatam Foundation Inc
- Assets
- $7.9m
- Revenue
- $184.4k
- Investments
- $6.1m
- Employees
- 0
- Location
- Palm Beach, FL
- Founding
- 05/2000
- Data as of
- 12/2023
- EIN
- 22-3692117
Organization Overview
Cesatam Foundation Inc is located in Palm Beach, FL. The organization was established in 2000. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, 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. Cesatam 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 12/2023, Cesatam Foundation Inc generated $184.4k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $781.6k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Cesatam Foundation Inc has awarded 104 individual grants totaling $5,018,680. 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 |
|---|---|---|---|
Raul E Cesan President | 0 | $0 | |
Liliana C Cesan Vice President | 0 | $0 | |
Thomas C Lauda Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $36,525 |
| Dividends & Interest | $102,914 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $45,000 |
| Total Revenue | $184,439 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,000 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $216 |
| Total operating and administrative expenses | $13,186 |
| Contributions, gifts, grants paid | $768,382 |
| Total expenses and disbursements | $781,568 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $360,733 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $7,500 |
| Net other notes and loans receivable | $1,500,000 |
| 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 | $7,947,511 |
| 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, Cesatam Foundation Inc has awarded $768,382 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
SEVENTH DAY ADVENTIST CHURCH PURPOSE: GENERAL | $235,000 |
MAYO CLINIC PURPOSE: GENERAL | $98,882 |
ANDREWS UNIVERSITY PURPOSE: GENERAL | $18,000 |
PALM BEACH CIVIC ASSOCIATION INC PURPOSE: GENERAL | $6,000 |
SACRED HEART PARISH SCHOOL PURPOSE: GENERAL | $35,000 |
C4 FOUNDATION INC PURPOSE: GENERAL | $10,000 |