Blue Cross And Blue Shield Of Florida Foundation Inc
- Assets
- $500.7m
- Revenue
- $165.1m
- Investments
- $492.3m
- Employees
- 0
- Location
- Jacksonville, FL
- Founding
- 00/0000
- Data as of
- 12/2021
- EIN
- 59-3707820
Organization Overview
Blue Cross And Blue Shield Of Florida Foundation Inc is located in Jacksonville, FL. The organization was established in 0000. According to its NTEE Classification (T30) the organization is classified as: Public 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. Blue Cross And Blue Shield Of Florida 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 12/2021, Blue Cross And Blue Shield Of Florida Foundation Inc generated $165.1m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 52.4% each year . All expenses for the organization totaled $26.8m during the year ending 12/2021. While expenses have increased by 31.5% 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.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
SAPPHIRE AWARD SYMPOSIUM - 607 ATTENDEES AND NUMEROUS ORGANIZATIONS WERE REPRESENTED AT THIS 2-DAY EDUCATIONAL SEMINAR ADDRESSING VARIOUS HEALTH CARE ISSUES.
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Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Blue Cross Blue Shield Of Florida | 12/30/21 | $1,000,161 |
Crop Creative Media | 12/30/21 | $91,730 |
Total Brand Experience | 12/30/21 | $77,398 |
Crawford Marketing & Consulting | 12/30/21 | $60,996 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $95,712,600 |
| Interest on Savings | $0 |
| Dividends & Interest | $55,136,324 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $14,221,023 |
| Capital Gain Net Income | $82,727,748 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $165,069,947 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,005,000 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $80,509 |
| Printing and publications | $1,708 |
| Other expenses | $677,865 |
| Total operating and administrative expenses | $3,997,534 |
| Contributions, gifts, grants paid | $22,769,938 |
| Total expenses and disbursements | $26,767,472 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,073,617 |
| 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 | $14,665 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $492,313,753 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $1,266,371 |
| Total assets | $500,668,406 |
| Accounts payable and accrued expenses | $419,604 |
| Grants payable | $23,498,712 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $591,610 |
| Total liabilities | $24,509,926 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Miami Foundation Inc Miami, FL | $460,864,709 | $147,324,669 |
Ninth District Opportunity Inc Gainesville, GA | $20,597,568 | $53,356,026 |
Jupiter Medical Center Foundation Inc Jupiter, FL | $160,882,045 | $61,479,471 |
Nema Foundation Inc Tallulah Falls, GA | $40,863,488 | $61,480,995 |
Trustbridge Global Foundation Usa Inc Clearwater, FL | $68,735,703 | $42,627,282 |
Blue Cross And Blue Shield Of Florida Foundation Inc Jacksonville, FL | $500,668,406 | $165,069,947 |
University Of South Florida Institute Of Applied Engineering I Tampa, FL | $5,205,656 | $9,587,469 |
The Legacy Foundation At Shell Point Inc Fort Myers, FL | $5,518,203 | $5,863,574 |
East Lake Foundation Inc Atlanta, GA | $69,998,744 | $30,410,500 |
Scintilla Charter Academy Inc Valdosta, GA | $15,718,556 | $7,823,461 |
Tampa-Orlando-Pinellas Jewish Foundation Inc Tampa, FL | $66,534,235 | $10,949,791 |
Wellstar Foundation Inc Marietta, GA | $30,643,336 | $9,116,090 |