Robert L Oare Jr Charitable Foundation
- Assets
- $1.6m
- Revenue
- $83.1k
- Investments
- $1.6m
- Employees
- 0
- Location
- Alachua, FL
- Founding
- 12/2001
- Data as of
- 12/2022
- EIN
- 35-6724790
Organization Overview
Robert L Oare Jr Charitable Foundation is located in Alachua, FL. The organization was established in 2001. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Robert L Oare Jr Charitable 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 12/2022, Robert L Oare Jr Charitable Foundation generated $83.1k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 13.7% each year . All expenses for the organization totaled $132.5k during the year ending 12/2022. While expenses have increased by 5.1% 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 2019, Robert L Oare Jr Charitable Foundation has awarded 38 individual grants totaling $317,949. 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 |
|---|---|---|---|
Elizabeth Oare Neale Trustee/director | 0 | $0 | |
Robert L Oare III Trustee/director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $40,609 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $42,444 |
| Capital Gain Net Income | $42,444 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $83,053 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,624 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $10,863 |
| Total operating and administrative expenses | $12,487 |
| Contributions, gifts, grants paid | $120,000 |
| Total expenses and disbursements | $132,487 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $28,927 |
| Savings and temporary cash investments | $0 |
| 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 | $1,585,311 |
| 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, Robert L Oare Jr Charitable Foundation has awarded $120,000 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
JEEP BEACH INC PURPOSE: GENERAL SUPPORT | $5,000 |
PASCO COUNTY FOSTER ADOPTIVE PARENT ASSOCIATION INC PURPOSE: GENERAL SUPPORT | $5,000 |
INSPIRE EQUINE ASSISTED CENTER PURPOSE: GENERAL SUPPORT | $5,000 |
THE STEEL TECHNOLOGIES FOUNDATION INC PURPOSE: GENERAL SUPPORT | $10,000 |
SALVATION ARMY OF GAINESVILLE FLORIDA PURPOSE: GENERAL SUPPORT | $15,000 |
MILL CREEK FARM RETIREMENT HOME FOR HORSES INC PURPOSE: GENERAL SUPPORT | $15,000 |