Jeffery Fam Foundation
- Assets
- $2.6m
- Revenue
- $550.2k
- Investments
- $2.5m
- Employees
- 0
- Location
- Palm Beach, FL
- Founding
- 04/2019
- Data as of
- 12/2023
- EIN
- 35-7214261
Organization Overview
Jeffery Fam Foundation is located in Palm Beach, FL. The organization was established in 2019. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, 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. Jeffery Fam 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 12/2023, Jeffery Fam Foundation generated $550.2k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $137.4k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Jeffery Fam Foundation has awarded 17 individual grants totaling $202,500. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $505,543 |
| Interest on Savings | $0 |
| Dividends & Interest | $32,026 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $13,075 |
| Capital Gain Net Income | $49,602 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$401 |
| Total Revenue | $550,243 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $1,424 |
| Taxes | $1,281 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $14,723 |
| Total operating and administrative expenses | $27,378 |
| Contributions, gifts, grants paid | $110,000 |
| Total expenses and disbursements | $137,378 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $21,096 |
| Savings and temporary cash investments | $49,963 |
| 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 | $2,488,180 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,559,239 |
| 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, Jeffery Fam Foundation has awarded $110,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
COX SCIENCE CENTER AND AQUARIUM PURPOSE: CHARITABLE | $10,000 |
PALM BEACH ATLANTIC UNIVERSITY PURPOSE: CHARITABLE | $25,000 |
PALM BEACH CIVIC ASSOCIATION PURPOSE: CHARITABLE | $10,000 |
THE PALM BEACH POLICE & FIRE FOUNDATION PURPOSE: CHARITABLE | $35,000 |
PALM BEACH DRAMAWORKS PURPOSE: CHARITABLE | $10,000 |
PRESERVATION FOUNDATION OF PALM BEACH PURPOSE: CHARITABLE | $10,000 |