Yolles Charitable Foundation Inc
- Assets
- $88.0k
- Revenue
- $36.4k
- Investments
- $36.5k
- Employees
- 0
- Location
- Fort Lauderdale, FL
- Founding
- 09/2015
- Data as of
- 12/2023
- EIN
- 47-3503549
Organization Overview
Yolles Charitable Foundation Inc is located in Fort Lauderdale, FL. The organization was established in 2015. 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. Yolles Charitable 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, Yolles Charitable Foundation Inc generated $36.4k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 9.4% each year. All expenses for the organization totaled $80.5k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Yolles Charitable Foundation Inc has awarded 41 individual grants totaling $1,346,271. 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
THE FOUNDATION MADE GRANTS AND DISTRIBUTIONS TO OTHER NON PROFIT ORGANIZATIONS AND NATIONAL CHARITIES PROVIDING MEDICAL RESEARCH AND PROGRAMS FOR CHILDREN
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert A Yolles Vice President | 2 | $0 | |
Carol Yolles President | 0 | $0 | |
Karl Madsen Vice President | 0 | $0 | |
Lawrence P Yolles Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $2,644 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $33,708 |
| Capital Gain Net Income | $33,708 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $36,352 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $61 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2 |
| Total operating and administrative expenses | $2,563 |
| Contributions, gifts, grants paid | $77,900 |
| Total expenses and disbursements | $80,463 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,674 |
| Savings and temporary cash investments | $45,643 |
| 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 | $3,172 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $87,976 |
| 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, Yolles Charitable Foundation Inc has awarded $77,900 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
HANDY INC PURPOSE: HELPING ABUSED NEGLECTED DISADVANTAGED YOUTH | $75,000 |
FRIENDS OF ISRAEL DEFENSE FORCES PURPOSE: SUPPORTS THE WELLBEING OF SOLDIERS | $1,000 |
MOGAN DAVID FRIENDS OF ISRAEL PURPOSE: PROVIDES EMERGENCY AMBULANCE SERVICES ANDCARE | $1,500 |
THE PANTRY OF BROWARD INC PURPOSE: ADDRESSES THE NEEDS OF SENIORS AND GRANDPARENTS | $400 |