Florman Family Foundation Inc
- Assets
- $6.4m
- Revenue
- $170.7k
- Investments
- $6.3m
- Employees
- 0
- Location
- Fort Lauderdale, FL
- Founding
- 07/1996
- Data as of
- 12/2022
- EIN
- 65-0662182
Organization Overview
Florman Family Foundation Inc is located in Fort Lauderdale, FL. The organization was established in 1996. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Florman 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 12/2022, Florman Family Foundation Inc generated $170.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (18.1%) each year. All expenses for the organization totaled $469.9k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Florman Family Foundation Inc has awarded 125 individual grants totaling $2,694,500. 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 |
|---|---|---|---|
Robert J Puck President | 2 | $0 | |
Shelley Marciano Secretary/treasurer | 2 | $0 | |
Mark Blank Director | 1 | $0 | |
Neil Florman Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $154,195 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $16,503 |
| Capital Gain Net Income | $16,503 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $170,698 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $8,399 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $84 |
| Total operating and administrative expenses | $17,433 |
| Contributions, gifts, grants paid | $452,500 |
| Total expenses and disbursements | $469,933 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,011 |
| Savings and temporary cash investments | $100,709 |
| 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 | $217 |
| Total assets | $6,438,549 |
| 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, Florman Family Foundation Inc has awarded $452,500 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
CAMP BOGGY CREEK PURPOSE: A CAMP FOR CHILDREN WITH SERIOUS ILLNESS | $10,000 |
CHILDREN'S BEREAVEMENT CENTER PURPOSE: GRIEF SUPPORT FOR CHILDREN | $12,500 |
FARM SHARE INC PURPOSE: FOOD BANK FOR LOW INCOME INDIVIDUALS AND FAMILIES | $50,000 |
FEEDING SOUTH FLORIDA INC PURPOSE: FOOD BANK FOR LOW INCOME INDIVIDUALS AND FAMILIES | $50,000 |
FLORIDA INTERNATIONAL UNIVERSITY - COLLEGE OF NURSING & HEALTH SERVICES PURPOSE: NURSING SCHOLARSHIPS | $120,000 |
FLORIDA INTERNATIONAL UNIVERSITY FOUNDATION PURPOSE: FOSTERING PANTHER PRIDE PROGRAM | $10,000 |