Osborne-White Foundation Inc
- Assets
- $2.0m
- Revenue
- $139.0k
- Investments
- $2.0m
- Employees
- 0
- Location
- Boca Raton, FL
- Founding
- 07/1985
- Data as of
- 03/2024
- EIN
- 59-2485282
Organization Overview
Osborne-White Foundation Inc is located in Boca Raton, FL. The organization was established in 1985. 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. Osborne-White 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 03/2024, Osborne-White Foundation Inc generated $139.0k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 23.2% each year . All expenses for the organization totaled $359.3k during the year ending 03/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Osborne-White Foundation Inc has awarded 25 individual grants totaling $1,257,000. 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
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE OSBORNE-WHITE FOUNDATION IS NOT INVOLVED IN ANY DIRECT CHARITABLE ACTIVITIES. ITS PRIMARY ACTIVITY IS MAKING DONATIONS TO PRE-SELECTED CHARITABLE ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary Thom Osborne Pres-Dir. | 1 | $0 | |
Molly P Osborne Vp-Treas. | 1 | $0 | |
Molly P Osborne Secy | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $3,298 |
| Dividends & Interest | $39,769 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $95,937 |
| Capital Gain Net Income | $95,937 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $139,004 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $59 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $11,250 |
| Contributions, gifts, grants paid | $348,000 |
| Total expenses and disbursements | $359,250 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $25,209 |
| 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 | $1,868,956 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,035,854 |
| 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, Osborne-White Foundation Inc has awarded $348,000 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
ATLANTA YOUTH ACADEMY PURPOSE: ORGANIZATION'S QUALIFIED CHARITABLE PURPOSE | $20,000 |
CANON TREATMENT CENTER PURPOSE: ORGANIZATION'S QUALIFIED CHARITABLE PURPOSE | $2,000 |
DAUGHTERS AGAINST ALZHEIMERS INC PURPOSE: ORGANIZATION'S QUALIFIED CHARITABLE PURPOSE | $10,000 |
HAME & HIPPO PHYSICAL THERAPY PURPOSE: ORGANIZATION'S QUALIFIED CHARITABLE PURPOSE | $25,000 |
LYNN UNIVERSITY PURPOSE: ORGANIZATION'S QUALIFIED CHARITABLE PURPOSE | $50,000 |
OPEN HAND ATLANTA PURPOSE: ORGANIZATION'S QUALIFIED CHARITABLE PURPOSE | $35,000 |