Frank Dimino Family Foundation
- Assets
- $116.8m
- Revenue
- $4.9m
- Investments
- $113.2m
- Employees
- 0
- Location
- West Palm Beach, FL
- Founding
- 04/2019
- Data as of
- 12/2021
- EIN
- 83-1151610
Organization Overview
Frank Dimino Family Foundation is located in West Palm Beach, FL. The organization was established in 2019. According to its NTEE Classification (E60) the organization is classified as: Health Support, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Frank Dimino Family Foundation 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, Frank Dimino Family Foundation generated $4.9m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (73.3%) each year.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Wendy Balch Treasurer, Secretary | 3 | $0 | |
Frank Dimino President | 1 | $0 | |
Darren Bardell Executive Director | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $2,996,197 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,863,839 |
| Capital Gain Net Income | $1,863,839 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $4,860,036 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,003,129 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $651,676 |
| Total operating and administrative expenses | $1,654,805 |
| Contributions, gifts, grants paid | $6,700,000 |
| Total expenses and disbursements | $8,354,805 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,447,922 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $49,584 |
| 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 | $9,980,615 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $50,069 |
| Total assets | $116,790,360 |
| 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, Frank Dimino Family Foundation has awarded $6,700,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
PALM BEACH STATE COLLEGE FOUNDATION PURPOSE: GENERAL CHARITABLE PURPOSES | $2,000,000 |
Hollywood, FL PURPOSE: GENERAL CHARITABLE PURPOSES | $2,000,000 |
THE KING'S ACADEMY PURPOSE: GENERAL CHARITABLE PURPOSES | $1,700,000 |
Jupiter, FL PURPOSE: GENERAL CHARITABLE PURPOSES | $1,000,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Gulfside Healthcare Services Inc Land O Lakes, FL | $10,978,757 | $4,930,557 |
Virgnia B Andes Volunteer Community Clinic Inc Port Charlotte, FL | $4,082,306 | $12,871,688 |
Frank Dimino Family Foundation West Palm Beach, FL | $116,790,360 | $4,860,036 |
Star Of The Sea Foundation Inc Key West, FL | $6,238,605 | $7,202,486 |
Baker Community Health Center Inc Macclenny, FL | $680,607 | $2,094,062 |
Love Without Boundaries Foundation Saint Petersburg, FL | $3,040,923 | $3,809,617 |
Clinics Can Help Inc West Palm Beach, FL | $2,832,224 | $3,070,802 |
Ride Well Wheels Inc Jupiter, FL | $370,350 | $3,124,520 |
Georgia Partnership For Telehealth Inc Waycross, GA | $926,460 | $2,337,188 |
Southeast Alabama Ahec Montgomery, AL | $711,702 | $2,655,297 |
Montgomery Area Community Wellness Coalition Montgomery, AL | $1,075,920 | $2,409,219 |
Stand Inc Decatur, GA | $355,714 | $2,298,912 |