Serendipity Foundation Inc
- Assets
- $4.2m
- Revenue
- $2.9m
- Investments
- $3.4m
- Employees
- 0
- Location
- Ft Lauderdale, FL
- Founding
- 03/2003
- Data as of
- 12/2021
- EIN
- 30-0134901
Organization Overview
Serendipity Foundation Inc is located in Ft Lauderdale, FL. The organization was established in 2003. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Serendipity 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, Serendipity Foundation Inc generated $2.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 52.1% each year . All expenses for the organization totaled $224.3k during the year ending 12/2021. While expenses have increased by 13.0% per year over the past 7 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 2014, Serendipity Foundation Inc has awarded 198 individual grants totaling $801,937. 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 |
|---|---|---|---|
Sweta Chakraborty Director | 0 | $0 | |
Michael H Kasten Vice Preside | 0 | $0 | |
George William Rogers Jr President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,001,018 |
| Interest on Savings | $12 |
| Dividends & Interest | $58,653 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $856,545 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,916,228 |
| 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 | $3,427 |
| Travel, conferences, and meetings | $9,733 |
| Printing and publications | $0 |
| Other expenses | $15,721 |
| Total operating and administrative expenses | $30,331 |
| Contributions, gifts, grants paid | $193,998 |
| Total expenses and disbursements | $224,329 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $732,611 |
| 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 | $173,887 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,157,548 |
| 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, Serendipity Foundation Inc has awarded $193,998 in support to 33 organizations.
| Grant Recipient | Amount |
|---|---|
Washington, DC PURPOSE: ORGANIZATIONAL DEVELOPEMENT | $30,000 |
Chicago, IL PURPOSE: ORGANIZATIONAL DEVELOPMENT | $30,000 |
CARING FOR COLOMBIA PURPOSE: ORGANIZATIONAL DEVELOPMENT | $15,000 |
ACTBLUE PURPOSE: ORGANIZATIONAL DEVELOPMENT | $14,000 |
DOCTORS WITHOUT BORDERS PURPOSE: ORGNIZATIONAL DEVELOPMENT | $10,000 |
Washington, DC PURPOSE: ORGANIZATIONAL DEVELOPMENT | $8,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Arthur M Blank Family Foundation Atlanta, GA | $365,187,486 | $84,889,977 |
The Frederick A Deluca Foundation Inc Pompano Beach, FL | $724,648,898 | $109,039,821 |
Ted Arison Family Found Aventura, FL | $489,424,665 | $63,628,275 |
Arison Arts Foundation Coral Gables, FL | $423,071,215 | $88,937,143 |
Poses Family Foundation Miami Beach, FL | $501,022,398 | $55,408,716 |
Jim Moran Foundation Inc Deerfield Beach, FL | $191,270,194 | $47,763,594 |
John Bulow Campbell Foundation Atlanta, GA | $793,659,742 | $103,345,098 |
Kovner Foundation Jupiter, FL | $0 | $19,441,586 |
Naples Children And Education Naples, FL | $64,560,487 | $12,642,425 |
Pentecost Foundation Bradenton, FL | $91,770,712 | $23,508,587 |
The Henry W Grady Health System Foundation Inc Atlanta, GA | $41,862,389 | $12,481,516 |
Micky And Madeleine Arison Family Foundation Coral Gables, FL | $232,510,515 | $23,555,348 |