Ormond Fam Charitable Foundation
- Assets
- $317.1k
- Revenue
- $10.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Fernandina Beach, FL
- Founding
- 10/1993
- Data as of
- 12/2023
- EIN
- 34-6991542
Organization Overview
Ormond Fam Charitable Foundation is located in Fernandina Beach, FL. The organization was established in 1993. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ormond Fam Charitable 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 12/2023, Ormond Fam Charitable Foundation generated $10.0k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 51.5% each year . All expenses for the organization totaled $71.5k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Ormond Fam Charitable Foundation has awarded 128 individual grants totaling $3,537,568. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul A Ormond Trustee | 1 | $0 | |
Susan E Ormond Trustee | 1 | $0 | |
Nicholas A Ormond Trustee | 1 | $0 | |
Chase A Ormond Trustee | 1 | $0 | |
Neal Ormond III Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,525 |
| Dividends & Interest | $8,444 |
| 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 | $0 |
| Total Revenue | $9,969 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $0 |
| Contributions, gifts, grants paid | $71,540 |
| Total expenses and disbursements | $71,540 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $43,677 |
| Savings and temporary cash investments | $273,415 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $317,092 |
| 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, Ormond Fam Charitable Foundation has awarded $71,540 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
US OLYMPIC FOUNDATION PURPOSE: GENERAL OPERATINGEXPENSES | $15,540 |
MIAMI UNIVERSITY PURPOSE: GENERAL OPERATINGEXPENSES | $500 |
SAVANNAH COUNTRY DAY SCHOOL PURPOSE: GENERAL OPERATINGEXPENSES | $1,500 |
STANFORD UNIVERSITY ATHLETICS PURPOSE: GENERAL OPERATINGEXPENSES | $50,000 |
ST JOSEPH'SCANDLER FOUNDATION PURPOSE: GENERAL OPERATINGEXPENSES | $1,500 |
HISTORIC SAVANNAH FOUNDATION PURPOSE: GENERAL OPERATINGEXPENSES | $2,500 |