Community Foundation For Brevard Inc

Organization Overview

Community Foundation For Brevard Inc is located in Melbourne, FL. The organization was established in 1981. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2021, Community Foundation For Brevard Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community Foundation For Brevard 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 12/2021, Community Foundation For Brevard Inc generated $9.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 29.3% each year . All expenses for the organization totaled $1.5m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Community Foundation For Brevard Inc has awarded 230 individual grants totaling $5,519,105. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO INSPIRE AND SUPPORT POWERFUL, REWARDING PHILANTHROPY TO MAKE BREVARD COUNTY A STRONGER, MORE VIBRANT COMMUNITY FOR ALL.

Describe the Organization's Program Activity:

Part 3 - Line 4a

GRANTMAKING: COMMUNITY FOUNDATION FOR BREVARD ADMINISTERS MORE THAN 100 INDIVIDUAL, FAMILY, AND CORPORATE FUNDS, AND MANAGES MULTIPLE COMPETITIVE AND NON-COMPETITIVE GRANT PROGRAMS. BUILT ON ELEMENTS OF A THRIVING COMMUNITY AND GUIDED BY DONOR INTENT, THE GRANTS SUPPORT COMMUNITY NEEDS AND ISSUES LIKE ARTS AND CULTURE, BASIC HUMAN NEEDS, EDUCATION, ECONOMIC OPPORTUNITY, COMMUNITY LEADERSHIP, ENVIRONMENT AND ANIMAL WELFARE, MEDICAL RESEARCH, AND MORE. THE FOUNDATION'S STAFF AND VOLUNTEER ADVISORY COMMITTEES CARRY OUT STRATEGIES AND APPROVE GRANTS AND SCHOLARSHIPS. GRANTS SUPPORT CHARITABLE ENDEAVORS IN NEARLY EVERY TYPE AND SIZE OF NONPROFIT ORGANIZATION; THE MAJORITY ARE LOCATED IN BREVARD COUNTY, BUT GRANTS CAN BE MADE TO ANY US-BASED CHARITY.


ENGAGED PHILANTHROPY: AS PART OF OUR PERSONALIZED SERVICES TO DONORS, WE WORK CLOSELY WITH EVERY DONOR TO CONSULT ON THEIR UNIQUE PHILANTHROPIC NEEDS AND GOALS. OUR PROFESSIONAL STAFF PROVIDES INDIVIDUALIZED SUPPORT IN CREATING STRATEGIC GIVING PLANS, CONNECTING DONORS WITH ORGANIZATIONS AND TRENDS THAT MAY INTEREST THEM, AND ENGAGING FAMILY MEMBERS AND OTHER ADVISORS, AS APPROPRIATE. THE FOUNDATION OFFERS REGULAR EVENTS, TOURS, AND WORKSHOPS ON VARIOUS PHILANTHROPY-RELATED TOPICS.


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Board, Officers & Key Employees

Name (title)Compensation
Theresa Grimison
President/ce
$135,545
Juliana Kreul CPA
Treasurer
$0
Amanda G Smith ESQ
Chair
$0
Robert J Naberhaus III ESQ
Past Chair
$0
Elizabeth O Shorr
Secretary
$0
Bob Sukolsky CLU
Director
$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$7,386,323
Noncash contributions included in lines 1a–1f $3,361,235
Total Revenue from Contributions, Gifts, Grants & Similar$7,386,323
Total Program Service Revenue$22,725
Investment income $762,502
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $1,062,396
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $9,234,486

Grants Awarded

Over the last fiscal year, Community Foundation For Brevard Inc has awarded $649,841 in support to 39 organizations.

Grant RecipientAmount

FAMILY PROMISE OF BREVARD INC

Org PageRecipient Profile

Rockledge, FL

PURPOSE: HOUSING

$55,000

CARRFOUR SUPPORTIVE HOUSING

Org PageRecipient Profile

Miami, FL

PURPOSE: CITIZEN WELFARE

$45,000

Melbourne, FL

PURPOSE: EDUCATION SUPPORT

$43,000

AMPLIFY SOUTH MELBOURNE

Org PageRecipient Profile

Melbourne, FL

PURPOSE: WORKFORCE DEVELOPMEN

$40,000

EAST COAST ZOOLOGICAL

Org PageRecipient Profile

Melbourne, FL

PURPOSE: ANIMAL WELFARE

$35,000

GROUNDSWELL STARTUPS INC

Org PageRecipient Profile

Melbourne, FL

PURPOSE: COMMUNITY DEVELOPMEN

$33,175
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Community Foundation For Brevard Inc has recieved totaling $904,450.

Awarding OrganizationAmount
Balda Family Foundation Inc

Satellite Beach, FL

PURPOSE: SCHOLARSHIPS

$462,413
Balda Family Foundation Inc

Satellite Beach, FL

PURPOSE: SCHOLARSHIPS

$439,286
Balda Family Foundation Inc

Satellite Beach, FL

PURPOSE: SCHOLARSHIPS

$2,751
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$15,010,737
Earnings$1,393,375
Admin Expense$157,982
Net Contributions$2,778,743
Other Expense$2,855,914
Grants$331,265
Ending Balance$15,837,694

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