Stoops Family Foundation Inc
- Assets
- $19.8m
- Revenue
- $9.5m
- Investments
- $19.1m
- Employees
- 0
- Location
- Delray Beach, FL
- Founding
- 07/2014
- Data as of
- 12/2022
- EIN
- 46-3895268
Organization Overview
Stoops Family Foundation Inc is located in Delray Beach, 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. Stoops 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, Stoops Family Foundation Inc generated $9.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 22.4% each year . All expenses for the organization totaled $3.0m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Stoops Family Foundation Inc has awarded 169 individual grants totaling $9,879,397. 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 |
|---|---|---|---|
Agnes F Stoops Chairman, Secy | 2 | $0 | |
Jeffrey A Stoops Pres., Treas. | 2 | $0 | |
Lauren E Stoops Vice Pres. | 0.1 | $0 | |
Andrew M Stoops Vice Pres. | 0.1 | $0 | |
Timothy Stoops Vice Pres. | 0.1 | $0 | |
Daniel Stoops Vice Pres. | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,597,850 |
| Interest on Savings | $976 |
| Dividends & Interest | $1,495,943 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $5,412,857 |
| Capital Gain Net Income | $5,412,857 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $9,507,626 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $4,632 |
| Taxes | $18,435 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $183,637 |
| Contributions, gifts, grants paid | $2,857,200 |
| Total expenses and disbursements | $3,040,837 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $724,530 |
| 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 | $19,809,669 |
| 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, Stoops Family Foundation Inc has awarded $2,857,200 in support to 29 organizations.
| Grant Recipient | Amount |
|---|---|
BOCA RATON REGIONAL HOSPITAL PURPOSE: QUALIFIED PURPOSE OF THE ORGANIZATION | $125,000 |
BREVARD SCHOOLS FOUNDATION PURPOSE: QUALIFIED PURPOSE OF THE ORGANIZATION | $5,000 |
AUTISM PROJECT OF PALM BEACH COUNTY PURPOSE: QUALIFIED PURPOSE OF THE ORGANIZATION | $15,000 |
CATHOLIC CHARITIES USA PURPOSE: QUALIFIED PURPOSE OF THE ORGANIZATION | $5,000 |
DIOCESE OF PALM BEACH PURPOSE: QUALIFIED PURPOSE OF THE ORGANIZATION | $10,000 |
DONOR ADVISED FUND AT THE COMMUNITY FOUNDATION PURPOSE: QUALIFIED PURPOSE OF THE ORGANIZATION | $200,000 |