Demain Family Foundation Inc
- Assets
- $305.5k
- Revenue
- $54.0k
- Investments
- $299.8k
- Employees
- 0
- Location
- Miami, FL
- Founding
- 02/2013
- Data as of
- 12/2023
- EIN
- 61-1592257
Organization Overview
Demain Family Foundation Inc is located in Miami, FL. The organization was established in 2013. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Demain Family 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, Demain Family Foundation Inc generated $54.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (26.4%) each year. All expenses for the organization totaled $11.0k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (40.9%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Demain Family Foundation Inc has awarded 34 individual grants totaling $4,202,342. 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
ASOCIACION DE COLEGIOS DEL BI DE COSTA RICA
PROPARQUES DE COSTA RICA
ACTE COSTA RICA
LOGTV LTDA U.S.A.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steven Aronson Chairman Of The Board | 10 | $0 | |
Andrea Cartin Executive Director | 1 | $0 | |
Benjamin Aronson Director | 1 | $0 | |
Andres Garcia Director | 1 | $0 | |
Margaret Rose Grigsby Director | 1 | $0 | |
Wendy Rodriguez Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $53,941 |
| Interest on Savings | $59 |
| Dividends & Interest | $0 |
| 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 | $54,000 |
| 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 | $169 |
| Total operating and administrative expenses | $919 |
| Contributions, gifts, grants paid | $10,102 |
| Total expenses and disbursements | $11,021 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,608 |
| Savings and temporary cash investments | $0 |
| 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 | $299,842 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $305,450 |
| 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, Demain Family Foundation Inc has awarded $309,928 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
AMIGOS OF COSTA RICA INC PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $20,000 |
ASOCIATION CULTURAL TEATRO ESPRESSIVO PURPOSE: TO PROMOTE AND STAGE HIGH-QUALITY CULTURAL ACTIVITIES, PROVIDING URBAN AND RURAL AUDIENCES WITH AN INNOVATIVE AND CREATIVE OFFER. | $47,681 |
ASOCIATION PRO SOSTENIBILIDAD DE LOS PARQUES NACIONALES DE LAS 7 PROVINCIAS PURPOSE: ENRICH HUMAN EXPERIENCE IN NATIONAL PARKS THROUGH PRACTICAL SOLUTIONS TO SPECIFIC NEEDS. | $192,130 |
INCAE BUSINESS SCHOOL PURPOSE: BUSINESS SCHOOL IN LATIN AMERICA, HAS PROMOTED THE PROGRESS OF LATIN AMERICAN SOCIETY, THROUGH THE TRAINING OF TALENT OF REGIONAL LEADERS THROUGH THE MASTER'S AND EXECUTIVE PROGRAMS. | $42,000 |
IB COMPASS FOUNDATION PURPOSE: TO HELP PROMOTE AND SUPPORT QUALITY EDUCATION. | $8,117 |