Executive Women Of The Palm Beaches Foundation Inc
- Assets
- $389.8k
- Revenue
- $164.8k
- Investments
- $0.0
- Employees
- 1
- Location
- Boynton Beach, FL
- Founding
- 01/1987
- Data as of
- 06/2022
- EIN
- 59-2703382
Organization Overview
Executive Women Of The Palm Beaches Foundation Inc is located in Boynton Beach, FL. The organization was established in 1987. 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. Executive Women Of The Palm Beaches 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 06/2022, Executive Women Of The Palm Beaches Foundation Inc generated $164.8k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $148.1k during the year ending 06/2022. While expenses have increased by 5.1% per year over the past 6 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 2015, Executive Women Of The Palm Beaches Foundation Inc has awarded 43 individual grants totaling $286,200. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDES SCHOLARSHIP, GRANTS AND EDUCATIONAL PROGRAMS TO EMPOWER WOMEN AND GIRLS TO LEAD AND SUCCEED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED COMMUNITY OUTREACH THROUGH SCHOLARSHIPS, GRANTS AND ADVOCACY TO ALIGN WITH OUR MISSION TO EMPOWER WOMEN TO SUCCEED AND LEAD. $29,000 IN SCHOLARSHIPS WERE PROVIDED TO 14 DESERVING YOUNG WOMEN AND PROVIDED EDUCATION REGARDING CURRENT LEGISLATIVE ISSUES AND RACIAL EQUITY ISSUES.
PROVIDED BENEFITS TO MEMBERS, INCLUDING NETWORKING OPPORTUNITIES SUCH AS LUNCH AND LEARNS, AFTER HOURS GET TOGETHERS AND MEMBERSHIP ENGAGEMENT. ALSO INCLUDED VOLUNTEER OPPORTUNITIES WITH OTHER NONPROFITS, INCLUDING THE PALM BEACH COUNTY FOOD BANK, KOMEN RACE FOR THE CURE, AND MILAGRO CENTER.
PROVIDED LEADERSHIP DEVELOPMENT PROGRAMS THROUGHOUT THE YEAR, WHICH INCLUDED SUCH IMPACTFUL PRESENTATIONS AS 1) STATE OF PROPERTY TAXES, 2) LOCAL PROMINENT WOMAN IN HISTORY, 3) BUSINESS DEVELOPMENT IN OUR COUNTY, 4) PANEL OF PROMINENT WOMEN BUSINESS LEADERS IN DIFFERENT SECTORS ENERGY, BANKING, SUPERVISOR OF ELECTIONS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tara Laxer Foundation Manager | Officer | 40 | $54,565 |
Kae Jonsons VP Resource Deveoplment - Fu | Trustee | 10 | $0 |
Lisa Huertas Director | Trustee | 5 | $0 |
Jessica Clasby Director | Trustee | 5 | $0 |
Jackie Halderman Director | Trustee | 5 | $0 |
Lena Damico Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $35,233 |
| Fundraising events | $14,495 |
| Related organizations | $0 |
| Government grants | $20,807 |
| All other contributions, gifts, grants, and similar amounts not included above | $12,458 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $82,993 |
| Total Program Service Revenue | $13,103 |
| Investment income | $25,597 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $14,168 |
| Net Income from Fundraising Events | $28,973 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $164,834 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $34,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $57,065 |
| Compensation of current officers, directors, key employees. | $5,136 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $3,706 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,734 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $4,345 |
| Fees for services: Other | $0 |
| Advertising and promotion | $9,900 |
| Office expenses | $1,508 |
| Information technology | $171 |
| Royalties | $0 |
| Occupancy | $5,573 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $14,674 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $221 |
| Insurance | $2,909 |
| All other expenses | $787 |
| Total functional expenses | $148,130 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $30,717 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $26,500 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $3,407 |
| Net Land, buildings, and equipment | $661 |
| Investments—publicly traded securities | $328,550 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $389,835 |
| Accounts payable and accrued expenses | $4,829 |
| Grants payable | $0 |
| Deferred revenue | $12,400 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $17,229 |
| Net assets without donor restrictions | $143,748 |
| Net assets with donor restrictions | $228,858 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $389,835 |
Grants Awarded
Over the last fiscal year, Executive Women Of The Palm Beaches Foundation Inc has awarded $18,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
PALM BEACH ATLANTIC UNIVERSITY PURPOSE: SCHOLARSHIPS | $8,000 |
PALM BEACH STATE COLLEGE PURPOSE: SCHOLARSHIPS | $10,000 |