Our Fund Inc
- Assets
- $22.2m
- Revenue
- $8.3m
- Investments
- $0.0
- Employees
- 5
- Location
- Wilton Manors, FL
- Founding
- 01/2012
- Data as of
- 06/2022
- EIN
- 27-4734125
Organization Overview
Our Fund Inc, operating under the name Our Fund Foundation, is located in Wilton Manors, FL. The organization was established in 2012. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 06/2022, Our Fund Foundation employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Our Fund 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 06/2022, Our Fund Foundation generated $8.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 21.9% each year . All expenses for the organization totaled $3.7m during the year ending 06/2022. While expenses have increased by 15.3% per year over the past 7 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 2015, Our Fund Foundation has awarded 590 individual grants totaling $15,544,200. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
A COMMUNITY FOUNDATION ESTABLISHED TO PROMOTE A CULTURE OF PHILANTHROPY IN A DIVERSE SOCIETY THAT UNITES OUR FUNDHOLDERS WITH ORGANIZATIONS THAT ENHANCE THE LIVES OF OUR LGBTQ (LESBIAN, GAY, BISEXUAL, TRANSGENDER, AND QUEER) COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROGRAM SERVICES DURING THE FISCAL YEAR WERE FOCUSED ON EDUCATING DONORS ABOUT NON-PROFIT ORGANIZATIONS PROVIDING SERVICES TO THE LGBTQ COMMUNITY IN SOUTH FLORIDA. GRANTS WERE DISTRIBUTED TO QUALIFIED ORGANIZATIONS AS RECOMMENDED BY OUR DONOR ADVISED FUNDS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Jobin President/ceo | Officer | 45 | $170,000 |
R Mark Blaylock CFO | Officer | 45 | $135,000 |
Ken Flick Secretary | OfficerTrustee | 4 | $0 |
Scott Bennett Chair | OfficerTrustee | 4 | $0 |
Sue Wilder Treasurer | OfficerTrustee | 4 | $0 |
Len Mcnally Vice Chair | OfficerTrustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $7,058,931 |
| Noncash contributions included in lines 1a–1f | $817,773 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,058,931 |
| Total Program Service Revenue | $0 |
| Investment income | $1,200,658 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,259,589 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,684,870 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $305,000 |
| Compensation of current officers, directors, key employees. | $50,750 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $91,351 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $37,877 |
| Payroll taxes | $29,296 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $26,613 |
| Fees for services: Accounting | $6,800 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $53,440 |
| Fees for services: Other | $13,000 |
| Advertising and promotion | $17,933 |
| Office expenses | $12,826 |
| Information technology | $33,749 |
| Royalties | $0 |
| Occupancy | $47,985 |
| Travel | $2,814 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $765 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $31,239 |
| Insurance | $4,029 |
| All other expenses | $17,252 |
| Total functional expenses | $3,741,497 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $33,115 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $110,460 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,099 |
| Net Land, buildings, and equipment | $175,784 |
| Investments—publicly traded securities | $21,837,246 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $15,443 |
| Total assets | $22,173,147 |
| Accounts payable and accrued expenses | $44,300 |
| Grants payable | $37,500 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,175,288 |
| Total liabilities | $1,257,088 |
| Net assets without donor restrictions | $20,916,059 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $22,173,147 |
Grants Awarded
Over the last fiscal year, Our Fund Inc has awarded $2,454,619 in support to 75 organizations.
| Grant Recipient | Amount |
|---|---|
Wilton Manors, FL PURPOSE: GENERAL OPERATING SUPPORT | $144,480 |
New York, NY PURPOSE: GENERAL OPERATING SUPPORT | $141,095 |
Fort Lauderdale, FL PURPOSE: GENERAL OPERATING SUPPORT | $111,890 |
Lauderhill, FL PURPOSE: GENERAL OPERATING SUPPORT | $111,500 |
Fort Lauderdale, FL PURPOSE: GENERAL OPERATING SUPPORT | $108,036 |
New York, NY PURPOSE: GENERAL OPERATING SUPPORT | $92,485 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Our Fund Inc has recieved totaling $299,145.
| Awarding Organization | Amount |
|---|---|
Community Foundation Of Broward Inc Fort Lauderdale, FL PURPOSE: BROWARD PRIDE ITM | $253,500 |
G Foundation Corp Boca Raton, FL PURPOSE: DONATION TO SUPPORT THE LGBTQ YOUTH HOUSING INITIATIVE | $35,625 |
G Foundation Corp Boca Raton, FL PURPOSE: UNRESTRICTED OPERATING DONATION TO ENHANCE THE LIVES OF LGBTQ PEOPLE IN SOUTH FLORIDA | $10,000 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $20 |
Endowment Analysis
| Beg. Balance | $15,548,909 |
| Earnings | -$2,744,031 |
| Admin Expense | $200,610 |
| Net Contributions | $3,810,784 |
| Other Expense | $5,000 |
| Grants | $879,595 |
| Ending Balance | $15,530,457 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bobbie Bailey Foundation Inc Tucker, GA | $24,485,053 | $1,564,197 |
Yhwh Foundation Inc Carrollton, GA | $0 | $14,288,691 |
Miriam U Hoover Foundation Vero Beach, FL | $0 | $462,542 |
Dr Herbert And Nicole Wertheim Family Foundation Inc Miami, FL | $42,831,898 | $5,245,016 |
Quality Senior Housing Foundation Of East Texas Inc Atlanta, GA | $68,762,519 | $14,924,948 |
The Mary Alice Fortin Foundation Palm Beach, FL | $167,401,142 | $8,209,363 |
Zeist Foundation Inc Atlanta, GA | $306,093,080 | $21,313,980 |
Anverse Inc Cartersville, GA | $0 | $25,436,325 |
Louis And Gloria Flanzer Philantrhopic Tr Sarasota, FL | $95,188,629 | $13,796,000 |
Uga Real Estate Foundation Inc Athens, GA | $310,229,529 | $14,839,274 |
The Gary W Rollins Foundation Atlanta, GA | $72,624,629 | $27,015,806 |
Theodore R & Vivian M Johnson Scholarship Foundation Inc West Palm Beach, FL | $0 | $7,841,898 |