Avow Foundation Inc
- Assets
- $44.1m
- Revenue
- $9.6m
- Investments
- $0.0
- Employees
- 21
- Location
- Naples, FL
- Founding
- 02/2015
- Data as of
- 12/2021
- EIN
- 46-5736467
Organization Overview
Avow Foundation Inc is located in Naples, FL. The organization was established in 2015. According to its NTEE Classification (E12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Health Care and related organizations. As of 12/2021, Avow Foundation Inc employed 21 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Avow 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE CORPORATION WILL ENGAGE IN ACTIVITIES THAT EXCLUSIVELY PROMOTE AND SUPPORT AVOW HOSPICE, INC. AND AVOW CARE SERVICES, INC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SPECIFIC CHARITABLE PURPOSES OF THE CORPORATION SHALL BE TO SOLICIT, RECEIVE, AND ADMINISTER GRANTS, GIFTS, CONTRIBUTIONS AND DONATIONS EXCLUSIVELY FOR THE BENEFIT OF AVOW HOSPICE INC., AND AVOW CARE SERVICES, INC.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Director | Trustee | 0.2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $34,350 |
| Related organizations | $0 |
| Government grants | $420,573 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,179,685 |
| Noncash contributions included in lines 1a–1f | $704,233 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,634,608 |
| Total Program Service Revenue | $0 |
| Investment income | $841,709 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $3,177,270 |
| Net Income from Fundraising Events | $5,842 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$65,422 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $9,594,342 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,982,795 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $499,625 |
| Pension plan accruals and contributions | $3,149 |
| Other employee benefits | $73,974 |
| Payroll taxes | $32,384 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $240 |
| Fees for services: Accounting | $16,359 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $103,897 |
| Fees for services: Other | $236,445 |
| Advertising and promotion | $805 |
| Office expenses | $45,158 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $48,559 |
| Travel | $3,656 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,918 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $356 |
| Insurance | $0 |
| All other expenses | $5,250 |
| Total functional expenses | $4,103,623 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,998,603 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $2,043,561 |
| 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 | $75,566 |
| Net Land, buildings, and equipment | $17,283 |
| Investments—publicly traded securities | $33,135,563 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $5,833,658 |
| Total assets | $44,104,234 |
| Accounts payable and accrued expenses | $78,903 |
| Grants payable | $1,565 |
| 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 | $148 |
| Total liabilities | $80,616 |
| Net assets without donor restrictions | $17,026,910 |
| Net assets with donor restrictions | $26,996,708 |
| 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 | $44,104,234 |
Grants Awarded
Over the last fiscal year, Avow Foundation Inc has awarded $2,982,795 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Naples, FL PURPOSE: Program Assistance | $2,452,958 |
Naples, FL PURPOSE: Program Assistance | $529,837 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Avow Foundation Inc has recieved totaling $10,500.
| Awarding Organization | Amount |
|---|---|
Pawlowski Family Foundation Schaumburg, IL PURPOSE: GENERAL USE | $10,000 |
The Phyllis E And Donald G Campbell Charitable Foundation Naples, FL PURPOSE: PROGRAM SUPPORT | $500 |
Endowment Analysis
| Beg. Balance | $3,899,054 |
| Earnings | $569,073 |
| Net Contributions | $620,000 |
| Other Expense | $14,628 |
| Ending Balance | $5,073,499 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Medical Center Foundation Inc Gainesville, GA | $39,439,884 | $6,805,753 |
Archbold Foundation Inc Thomasville, GA | $120,664,372 | $4,326,190 |
Avow Foundation Inc Naples, FL | $44,104,234 | $9,594,342 |
A G Rhodes Health & Rehab Management Inc Atlanta, GA | $5,425,018 | $4,030,975 |
Dalton-Whitfield Additional Tr Dalton, GA | $59,216,928 | $4,019,283 |
Buoniconti Fund To Cure Paralysis Inc Miami, FL | $4,267,074 | $4,138,317 |
Community Hospice Of Northeast Florida Foundation For Caring Inc Jacksonville, FL | $23,319,207 | $6,212,516 |
Shelby County Community Health Foundation Columbiana, AL | $85,859,544 | $2,816,879 |
Health First Foundation Inc Rockledge, FL | $8,113,598 | $1,323,822 |
Miami Jewish Health Systems Foundation Inc Miami, FL | $29,686,697 | $5,412,594 |
Rhg Housing Foundation Inc Atlanta, GA | $58,363,106 | $4,791,914 |
The Eyesight Foundation Of Alabama Birmingham, AL | $47,808,269 | $7,613,281 |