Fountains Charitable Foundation Inc

Organization Overview

Fountains Charitable Foundation Inc is located in Lake Worth, FL. The organization was established in 2016. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, 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. Fountains Charitable 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 12/2021, Fountains Charitable Foundation Inc generated $60.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (9.6%) each year. All expenses for the organization totaled $49.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (14.9%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990EZ Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3

THROUGH FUND RAISING ACTIVITIES AND EVENTS DISTRIBUTED CASH GRANTS TO PRINCIPAL CHARITIES LOCATED AT FOUNTAINS COMMUNITY IN LAKE WORTH FL.


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Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$53,159
Total Program Service Revenue$0
Membership dues$0
Investment income $0
Gain or Loss$0
Net Income from Gaming & Fundraising$7,452
Other Revenue$0
Total Revenue$60,611

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Fountains Charitable Foundation Inc has recieved totaling $2,000.

Awarding OrganizationAmount
Greenburg-May Foundation Inc

Palm Beach, FL

PURPOSE: AID DONEE IN CARRYING OUT EXEMPT PURPOSE

$2,000
View Grant Recipient Profile

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