Rembert Family Foundation Inc
- Assets
- $1.0m
- Revenue
- $293.2k
- Investments
- $1.0m
- Employees
- 0
- Location
- Atlantic Beach, FL
- Founding
- 07/2000
- Data as of
- 12/2022
- EIN
- 59-3652983
Organization Overview
Rembert Family Foundation Inc is located in Atlantic Beach, FL. The organization was established in 2000. 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. Rembert 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, Rembert Family Foundation Inc generated $293.2k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 12.7% each year . All expenses for the organization totaled $377.8k during the year ending 12/2022. While expenses have increased by 15.6% per year over the past 4 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 2019, Rembert Family Foundation Inc has awarded 62 individual grants totaling $1,278,300. 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
REFER TO LIST OF CHARITABLE BEQUEST
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 |
|---|---|---|---|
Davis M Rembert Jr President/di | 3.5 | $0 | |
Mary Rembert Director | 0 | $0 | |
Ken Rembert Director | 0 | $0 | |
Jonathan Rembert Director | 0 | $0 | |
Thomas Rembert Director | 0 | $0 | |
Donald A Padgett Treasurer/di | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $349,941 |
| Interest on Savings | $14,564 |
| Dividends & Interest | $8,288 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$79,613 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $66 |
| Total Revenue | $293,246 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $164 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $7,098 |
| Total operating and administrative expenses | $7,262 |
| Contributions, gifts, grants paid | $370,497 |
| Total expenses and disbursements | $377,759 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $1,031,277 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,031,277 |
| 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, Rembert Family Foundation Inc has awarded $370,497 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
ASBURY SEMINARY PURPOSE: OUTREACH AND MISSIONS | $250,000 |
TRINITY UNITED METHODIST CHURCH PURPOSE: OUTREACH AND MISSIONS | $33,659 |
UNIVERISTY OF FLORIDA FOUNDATION PURPOSE: SUPPORT FOR EDUCATIONAL PROGRAMS | $40,000 |
YOUNG LIFE PURPOSE: SUPPORT PROGRAMS FOR YOUTH | $11,000 |
CHAMBER OF COMMERCE PURPOSE: LOCAL BUSINESS INITIATIVES | $1,000 |
HIGHLANDS BOLLIVIAN MISSION PURPOSE: OUTREACH AND MISSIONS UNDERPRIVILEGE | $500 |