Lennar Foundation Inc

Organization Overview

Lennar Foundation Inc is located in Miami, FL. The organization was established in 1990. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Lennar 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 11/2021, Lennar Foundation Inc generated $46.9m in total revenue. All expenses for the organization totaled $12.7m during the year ending 11/2021. While expenses have increased by 17.0% per year over the past 3 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 2020, Lennar Foundation Inc has awarded 142 individual grants totaling $36,261,733. 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.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

NONE


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
The Baupost Group
$249,806
D1 Capital Partners Onshore
$456,238
Farallon Capital
$114,608
View All Vendors

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $44,370,357
Interest on Savings $9,861
Dividends & Interest $480,263
Net Rental Income$0
Net Gain on Sale of Assets $0
Capital Gain Net Income $6,316,730
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $2,026,720
Total Revenue $46,887,201

Grants Awarded

Over the last fiscal year, Lennar Foundation Inc has awarded $10,918,676 in support to 81 organizations.

Grant RecipientAmount

Duarte, CA

PURPOSE: CITY OF HOPE IS A WORLD LEADER IN THE RESEARCH AND TREATMENT OF CANCER, DIABETES, AND OTHER SERIOUS DISEASES. WE DELIVER SCIENTIFIC MIRACLES THAT MAKE LIVES WHOLE AGAIN. COMPASSION IS THE HEART OF OUR APPROACH AND THE DRIVING FORCE BEHIND ALL OUR DISCOVERIES. FOUNDED IN 1913, CITY OF HOPE IS ONE OF ONLY 45 COMPREHENSIVE CANCER CENTERS IN THE NATION, AS DESIGNATED BY THE NATIONAL CANCER INSTITUTE. EACH INNOVATIVE TREATMENT WE CREATE GIVES PEOPLE THE CHANCE TO LIVE LONGER, BETTER, AND MORE FULLY.

$5,000,000

Oakland, CA

PURPOSE: POLICYLINK IS A NATIONAL RESEARCH AND ACTION INSTITUTE ADVANCING RACIAL AND ECONOMIC EQUITY BY LIFTING UP WHAT WORKS. AS THE NATION MOVES TOWARD BECOMING MAJORITY PEOPLE OF COLOR, ACHIEVING EQUITYJUST AND FAIR INCLUSION INTO A SOCIETY IN WHICH ALL CAN PARTICIPATE, PROSPER, AND REACH THEIR FULL POTENTIALIS THE MORAL IMPERATIVE, A POTENT ANTIDOTE TO INEQUALITY, AND THE SUPERIOR GROWTH MODEL. EQUITY AIMS TO EQUIP EVERYONE, ESPECIALLY THOSE WHO HAVE BEEN LEFT BEHIND, WITH THE RESOURCES THAT ALLOW THEM TO CONTRIBUTE AND PROSPER. IT IS A PRAGMATIC APPROACH TO SOLVE THE NATION'S GREATEST PROBLEMS AND SOURCES OF TENSION: ECONOMIC INEQUALITY AND RACIAL EXCLUSION. EQUITY ADDRESSES RACE FORTHRIGHTLY AND PRODUCTIVELY, BUT IT IS NOT ABOUT BENEFITTING ONE GROUP AT THE EXPENSE OF ANOTHER. WHEN SMART, SUSTAINABLE STRATEGIES ARE TAILORED TO THE NEEDS OF THE MOST VULNERABLE COMMUNITIES, OPPORTUNITIES IMPROVE FOR ALL.

$1,000,000

THE MIAMI FOUNDATION

Org PageRecipient Profile

Miami, FL

PURPOSE: THE MIAMI FOUNDATION BUILDS THE PHILANTHROPIC, CIVIC, AND LEADERSHIP BACKBONE FOR GREATER MIAMI. SINCE 1967, THE FOUNDATION HAS INVESTED $485 MILLION TO STRENGTHEN OUR COMMUNITY WITH PARTNERSHIPS AND CONTRIBUTIONS FROM MORE THAN 1000 FUNDHOLDERS AND 35,000 DONORS. THE MIAMI FOUNDATION, WHICH CURRENTLY MANAGES OVER $350 MILLION IN ASSETS, MOBILIZES DONORS, NONPROFITS, LEADERS, AND LOCALS TO SET A BOLD VISION FOR OUR COMMUNITY'S FUTURE AND TO INVEST IN A STRONGER, MORE EQUITABLE, MORE RESILIENT GREATER MIAMI.

$1,000,000

BREAK-N THE CYCLE NONPROFIT CORP

PURPOSE: BREAK THE CYCLE IS A SPIRITED AND INNOVATIVE URBAN CYCLING GROUP COMPRISED OF BOTH BUDDING AND EXPERIENCED CYCLISTS WHO ARE COMMITTED TO PEDALING FOR A PURPOSE. UNDER THE LEADERSHIP OF GREGARIOUS AND OUTSPOKEN VISIONARY MAURICE HANKS, THIS GROUP OF TALENTED RIDERS HAVE SUCCESSFULLY CULTIVATED A CULTURE OF FITNESS THROUGH NOVICE, INTERMEDIATE, AND COMPETITIVE RIDING, WHILE CHAMPIONING IMPACTFUL CAUSES RANGING FROM THE ERADICATION OF GUN VIOLENCE AND CHILD SEX TRAFFICKING TO HEALTH INITIATIVES PLAGUING COMMUNITIES OF COLOR - SUCH AS BREAST CANCER AND LUPUS AWARENESS. THESE RIDERS REPRESENT THE DIVERSITY AND SPIRIT OF THE SOUTH FLORIDA COMMUNITY, PEDALING TO THE UNDENIABLE BEAT OF THEIR OWN DRUM.

$750,000

UNITED WAY OF MIAMI-DADE COUNTY

PURPOSE: UNITED WAY IS WORKING TO ADVANCE THE COMMON GOOD BY CREATING OPPORTUNITIES FOR A BETTER LIFE FOR ALL. WE ARE FOCUSED ON IMPROVING EDUCATION, INCOME AND HEALTH - THE BUILDING BLOCKS FOR A GOOD LIFE. OUR GOAL IS TO CREATE LONG-LASTING CHANGES THAT PREVENT PROBLEMS FROM HAPPENING IN THE FIRST PLACE. WE INVEST IN QUALITY PROGRAMS, ADVOCATE FOR BETTER POLICIES, ENGAGE PEOPLE IN THE COMMUNITY AND GENERATE RESOURCES. WE INVITE YOU TO JOIN US IN THIS WORK AND LIVE UNITED.

$402,500

FLORIDA INTERNATIONAL UNIVERSITY

Org PageRecipient Profile

Miami, FL

PURPOSE: A WORLD-CLASS INSTITUTION. AS MIAMI'S FIRST AND ONLY PUBLIC RESEARCH UNIVERSITY, OFFERING BACHELOR'S, MASTER'S, AND DOCTORAL DEGREES, FIU IS WORLDS AHEAD IN ITS SERVICE TO THE ACADEMIC AND LOCAL COMMUNITY. DESIGNATED AS A TOP-TIER RESEARCH INSTITUTION, FIU EMPHASIZES RESEARCH AS A MAJOR COMPONENT IN THE UNIVERSITY'S MISSION. THE HERBERT WERTHEIM COLLEGE OF MEDICINE AND THE SCHOOL OF COMPUTING AND INFORMATION SCIENCES' DISCOVERY LAB ARE JUST TWO OF MANY COLLEGES, SCHOOLS, AND CENTERS THAT ACTIVELY ENHANCE THE UNIVERSITY'S ABILITY TO SET NEW STANDARDS THROUGH RESEARCH INITIATIVES.

$398,417
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