Edgemer Foundation Inc
- Assets
- $12.2m
- Revenue
- $4.0m
- Investments
- $12.2m
- Employees
- 0
- Location
- Ft Lauderdale, FL
- Founding
- 03/2000
- Data as of
- 12/2019
- EIN
- 65-0976539
Organization Overview
Edgemer Foundation Inc is located in Ft Lauderdale, FL. The organization was established in 2000. 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.
For the year ending 12/2019, Edgemer Foundation Inc generated $4.0m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $3.7m during the year ending 12/2019. While expenses have increased by 0.3% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Edgemer Foundation Inc has awarded 83 individual grants totaling $14,078,077. 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 |
|---|---|---|---|
Linda H Roth Director | 0 | $0 | |
David M Roth Director | 0 | $0 | |
David W Horvitz Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,500,000 |
| Interest on Savings | $945,853 |
| Dividends & Interest | $231,814 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$20,537 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $334,829 |
| Total Revenue | $3,991,959 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $897,452 |
| Taxes | $11,157 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $156,159 |
| Total operating and administrative expenses | $1,064,768 |
| Contributions, gifts, grants paid | $2,665,459 |
| Total expenses and disbursements | $3,730,227 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $34,130 |
| 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 | $12,242,541 |
| 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, Edgemer Foundation Inc has awarded $2,665,459 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
Hartford, CT PURPOSE: GENERAL CONTRIBUTION | $500,000 |
FIDELITY CHARITABLE GIFT FUND PURPOSE: GENERAL CONTRIBUTION | $500,000 |
Brunswick, ME PURPOSE: GENERAL CONTRIBUTION | $325,000 |
Easton, PA PURPOSE: GENERAL CONTRIBUTION | $300,000 |
Hartford, CT PURPOSE: GENERAL CONTRIBUTION | $250,000 |
HARTFORD SYMPHONY ORCHESTRA PURPOSE: GENERAL CONTRIBUTION | $200,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jay I Kislak Foundation Inc Miami Lakes, FL | $3,956,559 | $206,576 |
Georgia Power Foundation Inc In Receivership Atlanta, GA | $171,011,049 | $11,347,149 |
E G Watkins Family Foundation West Palm Beach, FL | $209,019 | $15,310,473 |
The Mary Alice Fortin Foundation Palm Beach, FL | $177,447,904 | $15,694,077 |
Uga Real Estate Foundation Inc Athens, GA | $291,545,958 | $16,305,793 |
Cherna Moskowitz Foundation Hallandale Beach, FL | $0 | $18,790,560 |
Cornelia T Bailey Charitable Trust West Palm Beach, FL | $362,245,784 | $8,864,569 |
Ray Foundation Inc Naples, FL | $0 | $13,003,309 |
J Christopher And Anne N Reyesfoundation West Palm Beach, FL | $146,911 | $11,719,450 |
Theodore R & Vivian M Johnson Scholarship Foundation Inc West Palm Beach, FL | $203,717,068 | $61,591,395 |
The Ma-Ran Foundation Atlanta, GA | $92,688,351 | $25,947,950 |
Trust For Rehabilitation And Nurturing Youth And Families Inc Tarpon Springs, FL | $12,861,475 | $1,194,880 |