The Frederick A Deluca Foundation Inc
- Assets
- $600.1m
- Revenue
- $178.4m
- Investments
- $526.2m
- Employees
- 0
- Location
- Fort Lauderdale, FL
- Founding
- 06/1997
- Data as of
- 12/2019
- EIN
- 65-0755554
Organization Overview
The Frederick A Deluca Foundation Inc is located in Fort Lauderdale, FL. The organization was established in 1997. 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.
For the year ending 12/2019, Frederick A Deluca Foundation Inc generated $178.4m in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $20.4m during the year ending 12/2019. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Frederick A Deluca Foundation Inc has awarded 96 individual grants totaling $17,271,021. 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 |
|---|---|---|---|
Elisabeth Deluca President | 5 | $0 | |
Jonathan Deluca Secretary/treasurer | 1 | $0 | |
Suzanne V Greco Director | 0.25 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Rockridge Capital Holdings Llc | 12/30/19 | $193,937 |
Cummings & Lockwood Llc | 12/30/19 | $60,107 |
Forbes Family Trust | 12/30/19 | $514,845 |
Us Trust | 12/30/19 | $782,657 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $148,631,294 |
| Interest on Savings | $0 |
| Dividends & Interest | $12,823,207 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $16,926,206 |
| Capital Gain Net Income | $16,926,206 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $176 |
| Total Revenue | $178,380,883 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $953,766 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $290,834 |
| Total operating and administrative expenses | $3,103,968 |
| Contributions, gifts, grants paid | $17,271,021 |
| Total expenses and disbursements | $20,374,989 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,659 |
| Savings and temporary cash investments | $73,701,475 |
| 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 | $42,662,518 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $175,981 |
| Total assets | $600,132,888 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $93,976 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $93,976 |
Grants Awarded
Over the last fiscal year, The Frederick A Deluca Foundation Inc has awarded $17,271,021 in support to 96 organizations.
| Grant Recipient | Amount |
|---|---|
YALE NEW HAVEN HOSPITAL FBO SMILOW CANCER HOSPITAL PURPOSE: TO ESTABLISH A CENTER FOR INNOVATION IN HEMATOLOGY RESEARCH | $1,432,788 |
Fort Lauderdale, FL PURPOSE: THE DELUCA CERTIFICATION FUND | $1,000,000 |
Fort Lauderdale, FL PURPOSE: BROWARD UP (UNLIMITED POTENTIAL) | $1,000,000 |
THE LORD'S PLACE PURPOSE: HOME FOR GOOD | $1,000,000 |
West Palm Beach, FL PURPOSE: CAREER BOUND | $684,656 |
SCHOLARSHIP AMERICA INC PURPOSE: TO SUPPORT THE SUBWAY FRESH START SCHOLARSHIP PROGRAM | $670,200 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
John Bulow Campbell Foundation Atlanta, GA | $613,384,398 | $44,680,375 |
The Henry W Grady Health System Foundation Inc Atlanta, GA | $59,301,388 | $18,134,073 |
Ted Arison Family Found Aventura, FL | $453,889,828 | $59,166,192 |
Arison Arts Foundation Coral Gables, FL | $382,697,492 | $20,724,479 |
Naples Children And Education Naples, FL | $64,099,663 | $36,333,001 |
Kovner Foundation Jupiter, FL | $248,507,218 | $20,059,374 |
The Frederick A Deluca Foundation Inc Fort Lauderdale, FL | $600,132,888 | $178,380,883 |
Pentecost Foundation Bradenton, FL | $0 | $18,642,737 |
Jim Moran Foundation Inc Deerfield Beach, FL | $164,314,225 | $29,377,819 |
Mercer Family Foundation West Palm Beach, FL | $45,700,386 | $29,513,438 |
Thomas W Smith Foundation Boca Raton, FL | $0 | $18,397,811 |
Micky And Madeleine Arison Family Foundation Coral Gables, FL | $231,471,169 | $35,578,409 |