Hfsf Grants Management Inc
- Assets
- $164.8m
- Revenue
- $9.4m
- Investments
- $43.4m
- Employees
- 0
- Location
- Miami, FL
- Founding
- 08/1988
- Data as of
- 12/2021
- EIN
- 65-0005383
Organization Overview
Hfsf Grants Management Inc is located in Miami, FL. The organization was established in 1988. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., 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. Hfsf Grants Management 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, Hfsf Grants Management Inc generated $9.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.1% each year . All expenses for the organization totaled $6.8m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Hfsf Grants Management Inc has awarded 470 individual grants totaling $28,371,858. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE SPECIFIC GOALS OF THE ORGANIZATION ARE TO PROMOTE HEALTHY LIFESTYLES OF INDIVIDUALS.
Describe the Organization's Program Activity:
SUPPORTING HEALTH EQUITY AND WELL-BEING FOR ALL THROUGH ACCESS TO CARE, SOCIAL NEEDS AND THRIVING COMMUNITIES WITH A FOCUS ON VULNERABLE, LOW TO MODERATE-INCOME POPULATIONS. THIS INCLUDES INCREASING ACCESS TO ROUTINE AND PREVENTIVE MEDICAL CARE; REDUCING HEALTH DISPARITIES BY ADVANCING A COLLABORATIVE SYSTEM ACCROSS SECTORS, THAT ENABLES AND FACILITATES THE INTEGRATION OF SOCIAL NEEDS AND HEALTH CARE; AND, IMPROVING THE SOCIAL AND ECONOMIC CONDITIONS THAT PROMOTE PHYSICAL, MENTAL AND EMOTIONAL WELL-BEING.
HFSF ESTABLISHED A HEALTHCARE COLLABORATIVE RESULTING IN A COORDINATED NETWORK OF ACCESS POINTS IN MONROE COUNTY THAT WILL INCREASE ACCESS TO AND SCOPE OF PRIMARY CARE SERVICES FOR LOW-INCOME CHILDREN AND ADULTS IN THE COUNTY. ACCESS TO COMPREHENSIVE AND AFFORDABLE HEALTH CARE SERVICES IS IMPORTANT FOR THE ACHIEVEMENT OF HEALTH EQUITY AND FOR INCREASING THE QUALITY OF LIFE FOR ALL. TO HELP CLOSE THIS GAP HFSF IS WORKING TO STREAMLINE THE COLLABORATIVE EFFORTS BY RURAL HEALTH PROVIDERS WORKING TOGETHER WITH THE INTENDED OUTCOME OF BETTER RESULTS FOR PATIENTS IN UNDERSERVED COMMUNITIES.
THE ORGANIZATION'S ADMINISTRATIVE GRANTS PROGRAM ARE FOR SMALLER GRANTS TYPICALLY RANGING IN SIZE FROM $1,500 TO $30,000 AND MUST BE APPROVED BY BOTH THE VICE PRESIDENT OF OPERATIONS/STRATEGY AND THE PRESIDENT/CEO. ADMINISTRATIVE GRANTS ARE USED TO SUPPORT ONE-TIME COSTS AND SMALL PROJECTS TYPICALLY LASTING LESS THAN A YEAR.
NURSING SCHOLARSHIP PROGRAMS, AGE FRIENDLY INITIATIVE, AND OTHER GRANT PROGRAMS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathy Antieau Cfo/treasurer | Officer | 34 | $264,145 |
Loreen Chant President/ceo | Officer | 34 | $214,890 |
Janisse Schoepp VP Strategy | 34 | $154,966 | |
Alecia Dillon CFO | Officer | 34 | $37,570 |
Melida Akiti Chairwoman | OfficerTrustee | 0.5 | $0 |
Barbara Fonte Secretary | Trustee | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Callan Llc Invest. Consulting | 12/30/18 | $136,671 |
Sanderson Asset Management Invest. Management | 12/30/18 | $104,638 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $867,783 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $867,783 |
| Total Program Service Revenue | $129,979 |
| Investment income | $1,913,645 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $6,450,686 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $9,370,110 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,172,588 |
| 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. | $727,548 |
| Compensation of current officers, directors, key employees. | $291,019 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $331,978 |
| Pension plan accruals and contributions | $57,874 |
| Other employee benefits | $144,893 |
| Payroll taxes | $64,445 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $25,731 |
| Fees for services: Accounting | $15,782 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $427,631 |
| Fees for services: Other | $487,847 |
| Advertising and promotion | $10,737 |
| Office expenses | $99,739 |
| Information technology | $20,300 |
| Royalties | $0 |
| Occupancy | $171,566 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $184,289 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $31,991 |
| All other expenses | $2,129 |
| Total functional expenses | $6,800,091 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $216,525 |
| Savings and temporary cash investments | $213,852 |
| Pledges and grants receivable | $0 |
| 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 | $8,243 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $120,993,012 |
| Investments—other securities | $43,410,694 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $164,842,326 |
| Accounts payable and accrued expenses | $224,754 |
| Grants payable | $2,252,646 |
| 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 | $3,351,347 |
| Total liabilities | $5,828,747 |
| Net assets without donor restrictions | $159,013,579 |
| Net assets with donor restrictions | $0 |
| 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 | $164,842,326 |
Grants Awarded
Over the last fiscal year, Hfsf Grants Management Inc has awarded $3,217,046 in support to 39 organizations.
| Grant Recipient | Amount |
|---|---|
Doral, FL PURPOSE: CONNECT TO HEALTH MIAMI | $372,790 |
Miami, FL PURPOSE: HEALTH UP! INSURING MORE MIAMI-DADE RESIDENTS | $353,430 |
Hollywood, FL PURPOSE: TE AYUDO | $300,989 |
Plantation, FL PURPOSE: MEMORIAL PRIMARY CARE MEDICAL LEGAL PROGRAM PHASE II | $268,785 |
Hollywood, FL PURPOSE: BROWARD ACA SUBSIDY & TAX CREDIT ELIGIBILITY AWARENESS, EDUCATION AND ENROLLMENT | $250,000 |
Miami, FL PURPOSE: CIVIC ENGAGEMENT FOR PUBLIC LAND | $200,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Hfsf Grants Management Inc has recieved totaling $15,000.
| Awarding Organization | Amount |
|---|---|
Hfsf Grants Management Inc Miami, FL PURPOSE: Support capacity building efforts, implementation | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Copperhead Charities Inc Palm Harbor, FL | $5,855,870 | $16,276,032 |
Hfsf Grants Management Inc Miami, FL | $164,842,326 | $9,370,110 |
Healthcare Georgia Foundation Inc Atlanta, GA | $145,422,542 | $18,331,596 |
The David Herro Charitable Foundation Palm Beach, FL | $0 | $2,921,972 |
Rally Foundation Inc Atlanta, GA | $9,445,133 | $7,328,050 |
David A Straz Jr Foundation Tampa, FL | $131,621,183 | $77,599,258 |
Stoops Family Foundation Inc Delray Beach, FL | $20,465,985 | $11,384,519 |
Project Akilah Inc Tampa, FL | $3,270,009 | $3,129,345 |
Dadefund Inc Miami, FL | $3,023 | $29,705 |
Key Center Foundation Inc Lecanto, FL | $2,199,130 | $3,104,172 |
Ezra International Melbourne, FL | $2,162,759 | $2,300,769 |
Holle Family Foundation Birmingham, AL | $55,700,431 | $5,149,826 |