Florida Philanthropic Network Inc
- Assets
- $1.9m
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 2
- Location
- Tampa, FL
- Founding
- 12/2004
- Data as of
- 12/2022
- EIN
- 20-1328734
Organization Overview
Florida Philanthropic Network Inc is located in Tampa, FL. The organization was established in 2004. According to its NTEE Classification (T01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2022, Florida Philanthropic Network Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Florida Philanthropic Network 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 12/2022, Florida Philanthropic Network Inc generated $1.6m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 13.4% each year . All expenses for the organization totaled $1.7m during the year ending 12/2022. While expenses have increased by 11.4% per year over the past 5 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 2020, Florida Philanthropic Network Inc has awarded 32 individual grants totaling $839,020. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
AS A STATEWIDE ASSOCIATION OF GRANTMAKERS, FPN BUILDS PHILANTHROPY FOR A BETTER FLORIDA. WE DO THIS THROUGH RESEARCH AND EDUCATION, COLLABORATION, AND ADVANCING PUBLIC POLICY FOR THE COMMON GOOD OF ALL FLORIDIANS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FPN COORDINATES AND PROVIDES EDUCATIONAL AND NETWORKING OPPORTUNITIES FOR ITS MEMBERS & PARTNERS. FPN IMPLEMENTS ITS ANNUAL LEARNING AGENDA VIA WEBINARS, ONLINE CONVENINGS AND IN-PERSON GATHERINGS. THE CULMINATION OF THIS WORK IS FPN'S ANNUAL STATE-WIDE SUMMIT ON PHILANTHROPY WHICH CONNECTS STATE LEADERS IN PHILANTHROPY, NONPROFITS, GOVERNMENT & BUSINESS, TO LEARN & FUEL COLLABORATION TO IMPROVE THE QUALITY OF LIFE FOR FL RESIDENTS. FPN'S 2023 ANNUAL SUMMIT BROUGHT 168 PARTICIPANTS TOGETHER TO NETWORK, LEARN, AND FOSTER NEW RELATIONSHIPS WITHIN THE PHILANTHROPIC SECTOR. THESE OPPORTUNITES PROVIDE SPACE FOR PHILANTHROPIC LEADERS TO CONNECT AND PARTNER TO BOLSTER PHILANTHROPIC EFFORTS ACROSS FL.
FPN ESTABLISHES KEY PARTNERSHIPS WITH NATIONAL AND STATE FUNDERS TO STRENGTHEN PHILANTHROPY AND IMPACT KEY MEMBER FOCUS AREAS, SUCH AS EDUCATION, HEALTH, AND EFFECTIVE AND EQUITABLE GRANTMAKING. IN BUILDING THESE PARTNERSHIPS, FPN ATTRACTS RESOURCES FOR THE BETTERMENT OF FLORIDA.
FPN IS AN ADVOCATE FOR THE PHILANTHROPIC SECTOR IN FLORIDA, THROUGH MEMBER EDUCATION AND ADVOCACY TRAINING, THE ADVANCEMENT OF A POLICY AGENDA INFORMED BY FPN AFFINITY GROUPS AND MEMBERS, AND INVESTMENT IN STATEWIDE RESEARCH PROJECTS TO PROVIDE KNOWLEDGE AND EXPERTISE TO MEMBERS AND KEY STAKEHOLDERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daryl Houston Chair | Trustee | 1 | $0 |
Grace Sacerdote Vice Chair | OfficerTrustee | 1 | $0 |
Tim Cromwell Treasurer | Trustee | 1 | $0 |
Theresa Grimison Secretary | OfficerTrustee | 1 | $0 |
Johnette Gindling Past Chair | OfficerTrustee | 1 | $0 |
Charles Hokanson Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $345,752 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $872,504 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,218,256 |
| Total Program Service Revenue | $392,416 |
| Investment income | $26 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$6,068 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,641,221 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $477,500 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $147,781 |
| Compensation of current officers, directors, key employees. | $22,167 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $70,610 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $17,956 |
| Payroll taxes | $17,786 |
| Fees for services: Management | $42,000 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $11,802 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $19,800 |
| Office expenses | $87,536 |
| Information technology | $2,053 |
| Royalties | $0 |
| Occupancy | $45,737 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $202,863 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,748 |
| Insurance | $0 |
| All other expenses | $393 |
| Total functional expenses | $1,668,956 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,662,507 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $28,338 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $38,754 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $128,429 |
| Total assets | $1,858,028 |
| Accounts payable and accrued expenses | $76,590 |
| Grants payable | $0 |
| Deferred revenue | $1,034,764 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $90,697 |
| Total liabilities | $1,202,051 |
| Net assets without donor restrictions | $212,956 |
| Net assets with donor restrictions | $443,021 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,858,028 |
Grants Awarded
Over the last fiscal year, Florida Philanthropic Network Inc has awarded $465,000 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
CENTRAL FLORIDA FOUNDATION | | | $50,000 |
AVANSE PURPOSE: EDUCATION | $10,000 |
COMMUNITY FOUNDATION OF COLLIER | | | $50,000 |
COMMUNITY FOUNDATION OF TAMPA BAY | | | $55,000 |
FLORIDA NONPROFIT ALLIANCE | | | $25,000 |
THE BLACK COLLECTIVE PURPOSE: EDUCATIONAL | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Florida Philanthropic Network Inc Tampa, FL | $1,858,028 | $1,641,221 |
Atl Tr Atlanta, GA | $2,283,006 | $870,097 |
Mcdonald-Anderson Foundation Inc Vero Beach, FL | $40,982,656 | $801,121 |
Impact 100 Global Advisory Council Pensacola, FL | $134,376 | $171,007 |
Pelican Sound Charitable Foundation Inc Estero, FL | $30,392 | $0 |
First United Methodist Church Of Lagrange Memorial Foundation Inc Lagrange, GA | $2,355,957 | $124,655 |
Bwl Charities Inc Atlanta, GA | $9,974 | $0 |
Go Help Africa Saint Cloud, FL | $0 | $51,526 |
Jimmy Mac Foundation Inc Acworth, GA | $37,967 | $0 |
Dharshan Rajiv Patel Foundation Inc Longwood, FL | $0 | $0 |
Roland Hartley Foundation Surfside, FL | $59,156 | $60,000 |
Tdfb Foundation Inc Winter Springs, FL | $450 | $500 |