Mark & Kathryn Ford Family Foundation Inc
- Assets
- $7.0m
- Revenue
- $662.6k
- Investments
- $6.6m
- Employees
- 0
- Location
- Delray Beach, FL
- Founding
- 06/2014
- Data as of
- 12/2021
- EIN
- 46-3841170
Organization Overview
Mark & Kathryn Ford Family Foundation Inc is located in Delray Beach, FL. The organization was established in 2014. According to its NTEE Classification (T23) the organization is classified as: Private Operating 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. Mark & Kathryn Ford 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 12/2021, Mark & Kathryn Ford Family Foundation Inc generated $662.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.0% each year. All expenses for the organization totaled $599.9k during the year ending 12/2021. While expenses have increased by 7.6% per year over the past 7 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 2016, Mark & Kathryn Ford Family Foundation Inc has awarded 28 individual grants totaling $1,795,362. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE GRANTS TO A NON FOR PROFIT ORGANIZATION WHICH THE PRINCIPAL FOCUS IS PROVIDING ECONOMIC, COMMERCIAL, AND EDUCATIONAL DEVELOPMENT IN THE NORTHERN TOLA REGION OF NICARAGUA (CATCHMENT AREA) BY OFFERING EDUCATIONAL OPPORTUNITIES, VOCATIONAL TRAINING, HEALTH AND FITNESS PROGRAMS.
DONATION TO THE MEMORIAL SLOAN KETTERING CANCER CENTER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Ford VP & Treasur | 0 | $21,600 | |
Mark M Ford President | 0 | $0 | |
Kathryn F Ford VP & Secreta | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $578,764 |
| Interest on Savings | $0 |
| Dividends & Interest | $68,268 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $15,522 |
| Capital Gain Net Income | $15,522 |
| Net ST Capital Gain | $17,407 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $662,554 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $21,600 |
| Other employee salaries and wages | $7,943 |
| Pension plans, employee benefits | $2,342 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $35,546 |
| Total operating and administrative expenses | $96,757 |
| Contributions, gifts, grants paid | $503,174 |
| Total expenses and disbursements | $599,931 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $38,459 |
| Savings and temporary cash investments | $305,936 |
| 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 | $6,987,496 |
| Accounts payable and accrued expenses | $11,890 |
| 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 | $11,890 |
Grants Awarded
Over the last fiscal year, Mark & Kathryn Ford Family Foundation Inc has awarded $503,174 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
FUNLIMON PURPOSE: EDUCATION | $493,174 |
MEMORIAL SLOAN KETTERING CANCER PURPOSE: EDUCATION | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Mark & Kathryn Ford Family Foundation Inc has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
Western Colorado Community Foundation Inc Grand Junction, CO PURPOSE: RECOVERY EFFORTS IN NICARAGUA | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Rawlings Foundation Inc Palm Beach, FL | $157,491,316 | $53,710,829 |
Ichauway Inc Newton, GA | $38,010,143 | $29,470,336 |
Elevate Prize Foundation Inc Miami, FL | $25,599,159 | $21,836,715 |
Desai Sethi Foundation Inc miami, FL | $167,397,052 | $1,318,684 |
Mceachern Endowment Fund Inc Powder Springs, GA | $13,981,287 | $6,848,994 |
Malone Family Land Preservation Foundation Hobe Sound, FL | $131,481,954 | $946,463 |
Pebble Hill Foundation Inc Thomasville, GA | $45,568,261 | $2,596,354 |
Worthington Scholarship Foundation Naples, FL | $12,065,797 | $5,368,981 |
The Switzer Family Foundation Inc St Petersburg, FL | $0 | $574,920 |
Bangladesh American Society Of Muslim Aid For Humanity Inc Boca Raton, FL | $701,948 | $2,077,483 |
Elling O Eide Charitable Foundation Inc Sarasota, FL | $66,382,103 | $1,556,208 |
Paul Millsap Foundation Corp Atlanta, GA | $74,268 | $1,325,506 |