The Nommontu Foundation Inc
- Assets
- $8.7m
- Revenue
- $920.6k
- Investments
- $7.3m
- Employees
- 0
- Location
- Key Biscayne, FL
- Founding
- 08/2001
- Data as of
- 12/2021
- EIN
- 31-1787455
Organization Overview
The Nommontu Foundation Inc is located in Key Biscayne, FL. The organization was established in 2001. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Nommontu 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, Nommontu Foundation Inc generated $920.6k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 20.4% each year . All expenses for the organization totaled $744.6k during the year ending 12/2021. While expenses have increased by 17.7% per year over the past 4 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 2018, Nommontu Foundation Inc has awarded 78 individual grants totaling $1,745,233. 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 |
|---|---|---|---|
Marisa Muller Director | 0 | $0 | |
Joyce Muller Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $28,217 |
| Dividends & Interest | $140,561 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $744,163 |
| Capital Gain Net Income | $744,163 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $7,699 |
| Total Revenue | $920,640 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,595 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $112,419 |
| Contributions, gifts, grants paid | $632,165 |
| Total expenses and disbursements | $744,584 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,372,678 |
| 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 | $240,971 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $8,708,503 |
| 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, The Nommontu Foundation Inc has awarded $632,165 in support to 25 organizations.
| Grant Recipient | Amount |
|---|---|
BARCELONACTUA PURPOSE: PROGRAM SUPPORT | $68,177 |
GENEVA GLOBAL INC PURPOSE: PROGRAM SUPPORT | $55,000 |
AFRICAN WOMEN DEVELOPMENT FUND (AWDF) PURPOSE: PROGRAM SUPPORT | $50,000 |
TOSTAN PURPOSE: PROGRAM SUPPORT | $50,000 |
GLOBAL FUND FOR WOMEN PURPOSE: PROGRAM SUPPORT | $40,000 |
AMREF USA PURPOSE: PROGRAM SUPPORT | $35,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Southern Company Charitable Foundation Inc Atlanta, GA | $133,098,319 | $27,836,912 |
Harry T Mangurian Jr Foundation Inc Fort Lauderdale, FL | $88,622,200 | $12,675,522 |
Alabama Power Foundation Inc Birmingham, AL | $164,336,755 | $18,795,477 |
Masters Tournament Foundation Inc Augusta, GA | $56,432,291 | $20,283,494 |
Caring Foundation Birmingham, AL | $70,981,159 | $5,434,235 |
Malone Family Foundation Hobe Sound, FL | $111,664,161 | $13,667,566 |
The Fairholme Foundation Coral Gables, FL | $289,766,586 | $285,369 |
Nicklaus Childrens Health Care Foundation Inc North Palm Beach, FL | $45,302,726 | $13,320,876 |
Albert L Ueltschi Foundation Vero Beach, FL | $287,931,919 | $1,247,906 |
Speedwell Foundation Atlanta, GA | $165,926,993 | $26,115,784 |
Holtz Charitable Foundation Inc Orlando, FL | $5,015,513 | $2,659,459 |
Wiregrass Foundation Dothan, AL | $101,684,443 | $2,886,891 |