The Fund For West Palm Beach Police Inc

Organization Overview

The Fund For West Palm Beach Police Inc is located in West Palm Beach, FL. The organization was established in 1984. According to its NTEE Classification (I20) the organization is classified as: Crime Prevention, under the broad grouping of Crime & Legal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fund For West Palm Beach Police 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 08/2023, Fund For West Palm Beach Police Inc generated $882.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 45.7% each year . All expenses for the organization totaled $1.0m during the year ending 08/2023. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

THE MISSION OF THE ORGANIZATION IS TO PROVIDE SUPPORT AND ASSISTANCE TO THE WEST PALM BEACH FORCE THROUGH SPECIAL PROGRAMS, AWARD RECOGNITION, AND CAPITAL FOR SPECIAL PURCHASES FOR WHICH THE CITY OR GRANT MONEY IS UNAVAILABLE. PROGRAMS IN THE COMMUNITY FOCUS ON IMPROVING RELATIONS BETWEEN POLICE OFFICERS AND THE RESIDENTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE FUND RAISES MONEY AND ADMINISTERS A PROGRAM TO PROVIDE A $4,000 SCHOLARSHIP TO CHILDREN FOR SWORN POLICE OFFICERS FOR STATE COLLEGE, UNIVERSITY OR VOCATIONAL EDUCATION. THE REQUIREMENTS ARE THAT AN OFFICER HAS TO HAVE BEEN EMPLOYED CONTINUOUSLY FOR TWO YEARS AND IN GOOD STANDING. IN THIS TAX YEAR 49 CANDIDATES RECEIVED SCHOLARSHIPS AND THE SCHOLARSHIPS ARE A SIGNIFICANT BENEFIT TO THE OFFICERS AND THEIR FAMILIES.


OTHER PROGRAMS TO SUPPORT THE MISSION OF THE FOUNDATION.


THE ANNUAL WPB POLICE AWARDS CEREMONY IN MARCH IS THE MARQUIS RECOGNITION EVENT FOR THE MEMBERS IN THE POLICE DEPARTMENT. ROUGHLY 50 AWARDS ARE GIVEN OUT. THERE ARE 9 CATEGORIES OF AWARDS THAT HAVE AN OFFICER OF THE QUARTER AWARD AND ONE OF THOSE GETS OFFICER OF THE YEAR. THE POLICE CHIEF DETERMINES THE RECIPIENTS. THERE ARE VIDEOS MADE OF ALL AWARDEES AND THE REASON FOR THEIR SELECTION. THE EVENT IS HELD AT A BUFFET STYLE LUNCH FOR THE OFFICERS AND THEIR SPOUSES. OVER 250 PEOPLE ATTEND. THIS EVENT BOOSTS MORALE FOR THE WHOLE DEPARTMENT, AND IMPROVES RETENTION AND RECRUITMENT.


AT YEAR END THE FUND PROVIDES A GIFT CARD OF $200 TO EACH EMPLOYEE OF THE POLICE DEPARTMENT AT THAT TIME. THESE CASH AWARDS BUILD LOYALTY AND SHOWS THE DEPARTMENT MEMBERS THAT THEIR WORK IS APPRECIATED.


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Board, Officers & Key Employees

Name (title)Compensation
Don Carter
Director
$0
Michael Falk
Director
$0
Robert Fish
Director
$0
Robert Frisbie
Director/ex Com
$0
Ken Gillman
Director
$0
Tom Gravina
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$61,858
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$836,902
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$898,760
Total Program Service Revenue$0
Investment income $19,172
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events -$35,602
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $882,330

Grants Awarded

Over the last fiscal year, The Fund For West Palm Beach Police Inc has awarded $66,494 in support to 2 organizations.

Grant RecipientAmount

WEST PALM BEACH POLICE DEPARTMENT

PURPOSE: TO FUND A PROGRAM KNOW AS SHOP WITH A COP. POLICE OFFICERS ARE MATCHED WITH FAMILIES AND PROVIDED WITH FUNDS TO SHOP FOR NEEDED ITEMS DURING THE HOLIDAY SEASON. THE OFFICERS GET TO KNOW MEMBERS OF THE FAMILIES TO PROMOTE MUTUAL RESPECT FOR ALL . 24,582 NET WAS PROVIDED TO THE POLICE DEPARTMENT FOR THIS ENDEVOR. ADJUSTMENTS TO THIS PROGRAM WERE MADE DURING THE COVID PERIOD.

$24,582

WEST PALM BEACH POLICE DEPARTMENT

PURPOSE: THE FUOUNDATION PROVIDED FUND FOR THE PURCHASE OF K9 DOGS FOR POLICE DEPARTMENT USE

$41,912
View Grant Profile

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