De Groot Foundation
- Assets
- $1.6m
- Revenue
- $7.4k
- Investments
- $1.0m
- Employees
- 0
- Location
- Sunny Isl Bch, FL
- Founding
- 01/2010
- Data as of
- 12/2021
- EIN
- 27-1061193
Organization Overview
De Groot Foundation is located in Sunny Isl Bch, FL. The organization was established in 2010. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. DE Groot 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, DE Groot Foundation generated $7.4k 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 (35.4%) each year. All expenses for the organization totaled $90.4k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, DE Groot Foundation has awarded 47 individual grants totaling $849,540. 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
AMERICAN LIBRARY IN PARIS VISITING FELLOWSHIP AND WRITER IN RESIDENCE PROGRAM SUPPORTS THE LIBRARY IN ITS PARIS FELLOWSHIP PROGRAM IT IS THE LARGEST ENGLISH LENDING LIBRARY ON THE EUROPEAN MAINLAND
FRACTURED ATLAS A NON PROFIT TECHNOLOGY COMPANY THAT PROVIDES TOOLS EDUCATION AND TECHNOLOGY TO ARTISTS IT HAS 75000 CURRENT MEMBERS
MOLIERE IN THE PARK BRINGS YEARLY FREE AND INCLUSIVE PRODUCTIONS OF MOLIERES WORKS TO PROSPECT PARK BROOKLYN
UNIVERITY OF NORTHERN COLORADO FOUNDATION PROVIDES 600 SCHOLARSHIP FUNDS AND 425 ENDOWED FUNDS FOR STUDENTS OF THE UNIVERSITY
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Clydette Degroot Sectreas | 4 | $0 | |
Charles Degroot President | 4 | $0 | |
Aaron Degroot Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $75 |
| Dividends & Interest | $7,587 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$272 |
| Total Revenue | $7,390 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $610 |
| Other expenses | $2,865 |
| Total operating and administrative expenses | $5,310 |
| Contributions, gifts, grants paid | $85,057 |
| Total expenses and disbursements | $90,367 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,848 |
| Savings and temporary cash investments | $508,129 |
| 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 | $1,550,230 |
| 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, De Groot Foundation has awarded $84,057 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN LIBRARY IN PARIS PURPOSE: ITS TAXEXEMPT PURPOSE | $31,850 |
FRACTURED ATLAS PURPOSE: ITS TAXEXEMPT PURPOSE | $11,000 |
Greeley, CO PURPOSE: ITS TAXEXEMPT PURPOSE | $10,000 |
Brooklyn, NY PURPOSE: ITS TAXEXEMPT PURPOSE | $10,000 |
Miami, FL PURPOSE: ITS TAXEXEMPT PURPOSE | $9,415 |
New York, NY PURPOSE: ITS EXEMPT PURPOSE | $6,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Walter R Ferguson Charitable Foundation Charitable Foundation Fort Lauderdale, FL | $0 | $613,063 |
Telford Foundation Inc Naples, FL | $77,208,801 | $5,161,589 |
Wanda And James M Moran Jr Foundation Inc Deerfield Beach, FL | $6,609,461 | $5,004,559 |
Yarim Foundation Boca Raton, FL | $1,467,226 | $2,520,229 |
Arnold & Winnie Palmer Foundation Inc Orlando, FL | $20,742,397 | $2,603,528 |
Mssa Ila Vacation Plan And Trust Mobile, AL | $2,494,985 | $3,007,833 |
W I H Pitts Charitable Tr Ua 110187 Orlando, FL | $39,439,716 | $4,048,727 |
Blake Family Foundation Inc Atlanta, GA | $54,641,915 | $13,537,530 |
St Marys United Methodist Church Foundation Inc Saint Marys, GA | $38,808,441 | $1,300,375 |
Fleming Family Foundation Jacksonville, FL | $35,811,592 | $3,215,572 |
Dana B Gulley And James K Gulley Memorial Trust Orlando, FL | $0 | $950,310 |
R Harold And Patsy Harrison Foundation Inc Brookhaven, GA | $31,730,871 | $2,128,634 |