Vera Cash Foundation Inc
- Assets
- $2.7m
- Revenue
- $526.9k
- Investments
- $2.4m
- Employees
- 0
- Location
- Bradenton, FL
- Founding
- 07/1997
- Data as of
- 12/2022
- EIN
- 31-1542883
Organization Overview
Vera Cash Foundation Inc is located in Bradenton, FL. The organization was established in 1997. 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. Vera Cash 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 12/2022, Vera Cash Foundation Inc generated $526.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 18.0% each year . All expenses for the organization totaled $194.6k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Vera Cash Foundation Inc has awarded 56 individual grants totaling $391,750. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lynn Puskas Treasurer | 0 | $0 | |
Katherine Marshall Asst Sec'y | 0 | $0 | |
Joan Wittmer Secretary | 0 | $105,000 | |
Steven T Wittmer Vice-Presid | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $36,918 |
| Dividends & Interest | $26,753 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $463,231 |
| Capital Gain Net Income | $463,231 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $526,902 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $105,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $7,989 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $131,647 |
| Contributions, gifts, grants paid | $63,000 |
| Total expenses and disbursements | $194,647 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,038 |
| Savings and temporary cash investments | $296,208 |
| 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 | $76,449 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,734,156 |
| 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 | $22,243 |
| Total liabilities | $22,243 |
Grants Awarded
Over the last fiscal year, Vera Cash Foundation Inc has awarded $63,000 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF TEXAS PURPOSE: EDUCATION ASSISTANCE | $14,333 |
THE EQUINE JOURNEY PURPOSE: EQUINE THERAPY FOR CHILDREN | $7,167 |
CHESTNUT MOUNTAIN RANCH PURPOSE: ASSIST CHILDREN WITH EMOTIONAL TRAUM | $7,167 |
GUARDIAN ANGELS OF SW FLORIDA PURPOSE: ASSIST FOSTER CARE | $20,000 |
ST STEPHENS EPISCOPAL SCHOOL PURPOSE: EDUCATIONAL ASSISTANCE | $5,000 |
ST JUDE'S RESEARCH HOSPITAL PURPOSE: SUPPORT CANCER CARE | $5,000 |