P M Foundation Inc
- Assets
- $4.8m
- Revenue
- $570.7k
- Investments
- $4.7m
- Employees
- 0
- Location
- Ft Lauderdale, FL
- Founding
- 07/1967
- Data as of
- 12/2022
- EIN
- 38-1802049
Organization Overview
P M Foundation Inc is located in Ft Lauderdale, FL. The organization was established in 1967. 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. P M 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, P M Foundation Inc generated $570.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $444.1k during the year ending 12/2022. While expenses have increased by 2.0% 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, P M Foundation Inc has awarded 249 individual grants totaling $3,512,912. 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 |
|---|---|---|---|
Jim Voorheis Director | 0 | $0 | |
Anne-Marie Reid Vice President | 0 | $0 | |
Barbara Voorheis Pres/sec/treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $207,715 |
| Interest on Savings | $138 |
| Dividends & Interest | $461 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $362,387 |
| Capital Gain Net Income | $362,387 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $26 |
| Total Revenue | $570,727 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $21,435 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $43,935 |
| Contributions, gifts, grants paid | $400,120 |
| Total expenses and disbursements | $444,055 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $168,293 |
| 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 | $4,840,878 |
| 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, P M Foundation Inc has awarded $400,120 in support to 52 organizations.
| Grant Recipient | Amount |
|---|---|
ALZHEIMERS ASSOCIATION PURPOSE: SUPPORT THE CAUSESUPPORT THE CAUSE | $5,000 |
4KIDS OF SO FLORIDA - FUND RAISER PURPOSE: PROVIDE SCHOLARSHIPS FOR INNER CITY CHILDREN | $25,000 |
BOYS HOPE GIRLS HOPE PURPOSE: SUPPORT THE CAUSE | $2,000 |
ANGELS OF LIGHT PURPOSE: SUPPORT THE CAUSE | $2,000 |
COLUMBIA AREA YOUNG LIFE PURPOSE: SUPPORT THE CAUSE | $1,000 |
BETHANY HOUSE PURPOSE: SUPPORT THE CAUSE | $3,000 |