Sunrise Community Foundation Inc

Organization Overview

Sunrise Community Foundation Inc is located in Miami, FL. The organization was established in 1988. According to its NTEE Classification (T11) the organization is classified as: Single Organization Support, 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. Sunrise Community 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 06/2023, Sunrise Community Foundation Inc generated $240.1k 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 (4.6%) each year. All expenses for the organization totaled $150.6k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO CONDUCT FUNDRAISING AND OTHER SPECIAL EVENTS FOR THE BENEFIT OF ITS TAX-EXEMPT AFFILIATES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION CONDUCTS FUNDRAISING EFFORTS AND OTHER SPECIAL EVENTS FOR THE BENEFIT OF ITS 501(C)(3) TAX-EXEMPT AFFILIATES. IT MAKES ALL INVESTMENT DECISIONS REGARDING CONTRIBUTED FUNDS AND DISTRIBUTION OF FUNDS TO AFFILIATES. IN THE CURRENT YEAR, $0 WAS DISTRIBUTED TO SUPPORT THE OPERATIONS OF TAX-EXEMPT AFFILIATES.


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Board, Officers & Key Employees

Name (title)Compensation
William Lank
President/chair
$0
Gloria A Wetherington
Secretary/treasurer
$0
John Holcomb Jr
Director
$0
Robert Moring
Director
$0
Jose E Souto Jr
Director
$0
Kevin Vance
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$20,461
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$20,461
Total Program Service Revenue$0
Investment income $23,532
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $196,116
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $240,109

Grants Awarded

Over the last fiscal year, Sunrise Community Foundation Inc has awarded $27,359 in support to 2 organizations.

Grant RecipientAmount

SUNRISE COMMUNITY PROMOTIONS INC

PURPOSE: DONATION

$9,799

SUNRISE COMMUNITY INC

PURPOSE: MATCH TO EMPLOYEES

$17,560
View Grant Profile

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