Corporate Creations Foundation Inc
- Assets
- $1.8m
- Revenue
- $94.7k
- Investments
- $1.5m
- Employees
- 0
- Location
- Palm Beach Gardens, FL
- Founding
- 05/2007
- Data as of
- 12/2021
- EIN
- 20-8077460
Organization Overview
Corporate Creations Foundation Inc is located in Palm Beach Gardens, FL. The organization was established in 2007. According to its NTEE Classification (T31) the organization is classified as: Community 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. Corporate Creations 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, Corporate Creations Foundation Inc generated $94.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (55.5%) each year. All expenses for the organization totaled $125.0k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Corporate Creations Foundation Inc has awarded 19 individual grants totaling $186,776. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION HAS MADE CONTRIBUTIONS TO SEVERAL PUBLIC CHARITIES IN 2021.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Frank A Rodriguez Pres, Treas | 0 | $0 | |
Kellyn A Hall Director | 0 | $0 | |
Dillon Hall-Rodriguez Director | 0 | $0 | |
Riley Hall-Rodriguez Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,831 |
| Dividends & Interest | $12,400 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $80,459 |
| Capital Gain Net Income | $80,459 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $94,690 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,468 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $429 |
| Total operating and administrative expenses | $15,790 |
| Contributions, gifts, grants paid | $109,176 |
| Total expenses and disbursements | $124,966 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $294,956 |
| 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 | $1,820,812 |
| 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, Corporate Creations Foundation Inc has awarded $109,176 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
RISING SEAS INSTITUTE INC PURPOSE: NATURE CONSERVATION | $50,000 |
Boca Raton, FL PURPOSE: EDUCATIONAL SCHOLARSHIPS | $10,000 |
FRIEDREICH'S ATAXIA RESEARCH ALLIAN PURPOSE: CURING FRIEDREICH'S ATAXIA THROUGH RESEARCH | $10,000 |
Jupiter, FL PURPOSE: CONSERVATION OF LAND | $10,000 |
Juno Beach, FL PURPOSE: RESEARCH AND REHABILITATION FOR MARINE LIFE | $10,000 |
Fairfax, VA PURPOSE: NATURE CONSERVANCY | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Community Foundation Of Sarasota County Inc Sarasota, FL | $386,793,850 | $71,031,554 |
Gulf Coast Community Foundation Inc Venice, FL | $411,069,499 | $79,396,677 |
The Community Foundation For Northeast Florida Inc Jacksonville, FL | $630,367,087 | $110,893,672 |
Givewell Community Foundation Inc Lakeland, FL | $419,262,531 | $231,457,010 |
Community Foundation Of Collier County Naples, FL | $218,053,316 | $48,461,607 |
The Community Foundation Of Greater Birmingham Birmingham, AL | $299,631,425 | $49,687,592 |
Community Foundation Of Tampa Bay Inc Tampa, FL | $288,002,169 | $39,276,460 |
Community Foundation For Palm Beach & Martin Counties Inc West Palm Beach, FL | $221,759,809 | $29,612,714 |
Pinellas Community Foundation Clearwater, FL | $142,858,566 | $23,264,951 |
North Georgia Community Foundation Gainesville, GA | $121,312,465 | $29,287,202 |
Community Foundation Of The Chattahoochee Valley Inc Columbus, GA | $203,858,921 | $35,593,899 |
Community Foundation Of Broward Inc Fort Lauderdale, FL | $211,626,969 | $24,953,275 |