Francisco Garcia-Bengochea Foundation Inc
- Assets
- $495.3k
- Revenue
- $45.9k
- Investments
- $448.3k
- Employees
- 0
- Location
- Jacksonville, FL
- Founding
- 02/2001
- Data as of
- 12/2022
- EIN
- 59-3603312
Organization Overview
Francisco Garcia-Bengochea Foundation Inc is located in Jacksonville, FL. The organization was established in 2001. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Francisco Garcia-Bengochea 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, Francisco Garcia-Bengochea Foundation Inc generated $45.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (5.9%) each year. All expenses for the organization totaled $71.6k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Francisco Garcia-Bengochea Foundation Inc has awarded 108 individual grants totaling $272,558. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Javier Garcia-Bengochea Pres, Director | 0.5 | $0 | |
Mary Garcia-Bengochea Director | 0 | $0 | |
Margarita M G Schumacher Sec/tres/dir | 0.5 | $0 | |
James Schumacher Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $13,179 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $32,753 |
| Capital Gain Net Income | $32,753 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $45,932 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $220 |
| Total operating and administrative expenses | $15,625 |
| Contributions, gifts, grants paid | $55,950 |
| Total expenses and disbursements | $71,575 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $47,064 |
| 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 | $495,330 |
| 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, Francisco Garcia-Bengochea Foundation Inc has awarded $55,950 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
IMMACULATE CONCEPTION CATHOLIC PURPOSE: CHURCH - RELIGIOUS | $175 |
ST MATTHEW'S CATHOLIC CHURCH PURPOSE: CHURCH - RELIGIOUS | $3,325 |
ST VINCENTS DEPAUL PURPOSE: RELIGIOUS | $100 |
THE GABRIEL HOUSE PURPOSE: HOME FOR CHILDREN | $1,500 |
DIOCESE OF ST AUGUSTINE PURPOSE: RELIGIOUS | $1,200 |
ST VINCENT'S FOUNDATION PURPOSE: SOCIAL SERVICES | $1,000 |