Julymar Foundation Inc
- Assets
- $39.2m
- Revenue
- $2.8m
- Investments
- $38.1m
- Employees
- 0
- Location
- Miami, FL
- Founding
- 08/2016
- Data as of
- 12/2021
- EIN
- 38-3991497
Organization Overview
Julymar Foundation Inc is located in Miami, FL. The organization was established in 2016. 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. Julymar 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, Julymar Foundation Inc generated $2.8m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 21.6% each year . All expenses for the organization totaled $2.4m during the year ending 12/2021. While expenses have increased by 17.8% per year over the past 5 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 2017, Julymar Foundation Inc has awarded 82 individual grants totaling $10,460,491. 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 |
|---|---|---|---|
Lucia Alvear Ramirez President | 8 | $18,000 | |
Monica Moreno Bejarano Vice President | 8 | $18,000 | |
Jose Pablo Mesa Ramirez Treasurer | 8 | $18,000 | |
Sergio Posada Moreno Secretary | 8 | $18,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $974,071 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,647,058 |
| Capital Gain Net Income | $1,638,905 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $210,025 |
| Total Revenue | $2,831,154 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $72,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $12,111 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $382,661 |
| Total operating and administrative expenses | $536,613 |
| Contributions, gifts, grants paid | $1,908,095 |
| Total expenses and disbursements | $2,444,708 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $373,018 |
| Savings and temporary cash investments | $797,613 |
| 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 | $32,684,292 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $39,245,796 |
| 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, Julymar Foundation Inc has awarded $1,890,032 in support to 26 organizations.
| Grant Recipient | Amount |
|---|---|
CARMELITAS DE SAN JOSE PURPOSE: GENERAL OPERATIONS | $113,760 |
CARMELITAS DESCALZAS PURPOSE: GENERAL OPERATIONS | $5,625 |
CENTRO DE BIENESTAR DEL ANCIANO DE BUCARAMANGA PURPOSE: GENERAL OPERATIONS | $19,324 |
CENTRO DE BEINESTAR DEL ANCIANO SANTA ANA PURPOSE: GENERAL OPERATIONS | $100,248 |
CENTRO DE BIENESTAR DEL ANCIANO SAN GIL PURPOSE: GENERAL OPERATIONS | $122,423 |
CENTRO GERONTOLOGICO Y VIDA LUISA MARCELINA PURPOSE: GENERAL OPERATIONS | $26,900 |