Travel & Leisure Charitable Foundation
- Assets
- $481.4k
- Revenue
- $349.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Orlando, FL
- Founding
- Data as of
- 12/2022
- EIN
- 87-2073190
Organization Overview
Travel & Leisure Charitable Foundation is located in Orlando, FL. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Travel & Leisure Charitable 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 12/2022, Travel & Leisure Charitable Foundation generated $349.6k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 5.8% each year. All expenses for the organization totaled $187.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
TRAVEL + LEISURE CHARITABLE FOUNDATION PROVIDES POST-SECONDARY SCHOLARSHIPS AND OTHER EDUCATIONAL SUPPORT TO QUALIFYING RESIDENTS OF LOW-INCOME COMMUNITIES IN FLORIDA AND OTHER STATES. THE CHARITABLE ACTIVITIES OF THE FOUNDATION ARE INTENDED TO ENHANCE THE OPPORTUNITY FOR HIGHER EDUCATION FOR ALL HIGH SCHOOL STUDENTS IN THE IDENTIFIED COMMUNITIES, OVERCOMING BARRIERS TO HIGHER EDUCATION IN COMMUNITIES WHERE SMALL PERCENTAGES OF HIGH SCHOOL STUDENTS HAVE HISTORICALLY GONE ON TO COLLEGE OR OTHER POST-SECONDARY EDUCATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kimberly Marshall President | 1 | $0 | |
Marla Tichi Secretary | 1 | $0 | |
Simmon Reed Treasurer | 1 | $0 | |
Jose Nido Director | 1 | $0 | |
Crystian Alatorre Tapia Director | 1 | $0 | |
Dana Farmer Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $500,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$150,395 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $349,605 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $116,047 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $4,082 |
| Total operating and administrative expenses | $127,549 |
| Contributions, gifts, grants paid | $60,000 |
| Total expenses and disbursements | $187,549 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $113,431 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $367,952 |
| 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 | $481,383 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $54,635 |
| 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 | $54,635 |
Grants Awarded
Over the last fiscal year, Travel & Leisure Charitable Foundation has awarded $12,664 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
STUDENT SCHOLARSHIPS PURPOSE: SCHOLARSHIP AND QUALIFIED EDUCATIONAL PAYMENTS FOR 9 STUDENTS | $9,789 |
TOWN OF EATONVILLE PURPOSE: COMMUNITY EVENT SPONSORSHIP | $2,875 |