Erneston Family Foundation Inc
- Assets
- $29.8k
- Revenue
- $70.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Singer Island, FL
- Founding
- 08/2014
- Data as of
- 12/2022
- EIN
- 46-1603886
Organization Overview
Erneston Family Foundation Inc is located in Singer Island, FL. The organization was established in 2014. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., 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. Erneston Family 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 12/2022, Erneston Family Foundation Inc generated $70.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (9.1%) each year. All expenses for the organization totaled $194.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (1.3%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Erneston Family Foundation Inc has awarded 82 individual grants totaling $1,500,648. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James A Erneston P/t/d | 1 | $0 | |
Anna Maria Erneston Vp/s/d | 1 | $0 | |
Maria C Cunningham D | 0.5 | $0 | |
Chris Erneston III D | 0.5 | $0 | |
Elizabeth Brown D | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $70,000 |
| Interest on Savings | $20 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $70,020 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $3,500 |
| Contributions, gifts, grants paid | $191,404 |
| Total expenses and disbursements | $194,904 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $29,819 |
| 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 | $29,819 |
| 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 | $3,500 |
| Total liabilities | $3,500 |
Grants Awarded
Over the last fiscal year, Erneston Family Foundation Inc has awarded $173,704 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
WORLDHELP PURPOSE: SUPPORT | $17,204 |
PALM BEACH ATLANTIC UNIVERSITY PURPOSE: SUPPORT | $10,000 |
FELLOWSHIP OF CHRISTIAN ATHLETES PURPOSE: SUPPORT | $32,500 |
FAMILY CHURCH PURPOSE: SUPPORT | $60,000 |
FIRST CARE FAIMLY RESOURCES INC PURPOSE: SUPPORT | $23,000 |
URBAN YOUTH PURPOSE: SUPPORT | $16,000 |