The Fifth C Foundation
- Assets
- $1.7m
- Revenue
- $50.6k
- Investments
- $1.6m
- Employees
- 0
- Location
- Palm Beach Gardens, FL
- Founding
- 08/2010
- Data as of
- 12/2022
- EIN
- 37-6457440
Organization Overview
The Fifth C Foundation is located in Palm Beach Gardens, FL. The organization was established in 2010. 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. Fifth C Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2018, Fifth C Foundation has awarded 80 individual grants totaling $265,292. 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 |
|---|---|---|---|
Patrice Boyland Trustee | 10 | $37,500 | |
Andrew Boyland Trustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $539 |
| Dividends & Interest | $39,038 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $11,069 |
| Capital Gain Net Income | $11,069 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $50,646 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $37,500 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $10,055 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $64,208 |
| Contributions, gifts, grants paid | $70,700 |
| Total expenses and disbursements | $134,908 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $63 |
| Savings and temporary cash investments | $13,923 |
| 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 | $1,655,935 |
| 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 Fifth C Foundation has awarded $70,700 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
BENJAMIN SCHOOL PURPOSE: ASSISTANCE FOR CHARITABLE PURPOSE | $10,000 |
AMERICAN CANCER SOCIETY PURPOSE: ASSISTANCE FOR CHARITABLE PURPOSE | $500 |
AMERICAN HEART ASSOCIATION PURPOSE: ASSISTANCE FOR CHARITABLE PURPOSE | $3,300 |
KENT ANIMAL SHELTER PURPOSE: ASSISTANCE FOR CHARITABLE PURPOSE | $5,000 |
MAUREENS HAVEN PURPOSE: ASSISTANCE FOR CHARITABLE PURPOSE | $6,000 |
JEWISH FEDERATION OF LEE & CHARLOTTE COUNTIES PURPOSE: ASSISTANCE FOR CHARITABLE PURPOSE | $2,500 |