Africk Family Foundation Inc
- Assets
- $1.5m
- Revenue
- -$31.6k
- Investments
- $1.5m
- Employees
- 0
- Location
- Weston, FL
- Founding
- 02/1995
- Data as of
- 12/2023
- EIN
- 65-0538688
Organization Overview
Africk Family Foundation Inc is located in Weston, FL. The organization was established in 1995. 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 the central organization for a national or regional group of organizations. Africk 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.
Since 2015, Africk Family Foundation Inc has awarded 86 individual grants totaling $795,560. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Pamela Africk President | 1 | $0 | |
Lance Africk Secretary | 1 | $0 | |
Steven Africk Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $57,264 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$88,874 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $35 |
| Total Revenue | -$31,575 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $570 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $35 |
| Total operating and administrative expenses | $5,105 |
| Contributions, gifts, grants paid | $89,000 |
| Total expenses and disbursements | $94,105 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $11,384 |
| Savings and temporary cash investments | $13,024 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,518,969 |
| 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, Africk Family Foundation Inc has awarded $89,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN HEART ASSOCIATION PURPOSE: GENERAL FUND | $12,000 |
BROWARD PERFORMING ARTS FOUNDATION PURPOSE: GENERAL FUND | $20,000 |
BROWARD HEALTH FOUNDATION PURPOSE: GENERAL FUND | $10,000 |
DOWNTOWN CHABAD PURPOSE: GENERAL FUND | $10,000 |
TOURO SYNAGOGUE PURPOSE: GENERAL FUND | $500 |
HOGS FOR THE CAUSE PURPOSE: GENERAL FUND | $500 |