Phelan Family Foundation Inc
- Assets
- $7.0m
- Revenue
- -$74.1k
- Investments
- $6.3m
- Employees
- 0
- Location
- Naples, FL
- Founding
- 07/2010
- Data as of
- 12/2022
- EIN
- 27-1554558
Organization Overview
Phelan Family Foundation Inc is located in Naples, FL. The organization was established in 2010. According to its NTEE Classification (P58) the organization is classified as: Gift Distribution, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Phelan Family 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.
Since 2015, Phelan Family Foundation Inc has awarded 74 individual grants totaling $3,488,769. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lawrence T Phelan President | 1.5 | $0 | |
Kenneth J Phelan Secretary And Treasurer | 1.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $108,236 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$182,382 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$74,146 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,019 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $29,528 |
| Total operating and administrative expenses | $35,547 |
| Contributions, gifts, grants paid | $467,350 |
| Total expenses and disbursements | $502,897 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $523,485 |
| Savings and temporary cash investments | $246,900 |
| 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 | $7,048,719 |
| 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, Phelan Family Foundation Inc has awarded $467,350 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
CAMP SUNSHINE PURPOSE: CHARITABLE | $2,500 |
OPPORTUNITY INTERNATIONAL PURPOSE: CHARITABLE | $25,000 |
PROJECT HOPE (BOARD GIFT) PURPOSE: CHARITABLE | $25,000 |
NATURE POWER FOUNDATION PURPOSE: CHARITABLE | $34,850 |
VOX AMA DEUS PURPOSE: CHARITABLE | $300,000 |
V FOUNDATION PURPOSE: CHARITABLE | $25,000 |