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.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
NONE
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Marshall Ames President/director | 39 | $568,490 | |
Waynewright Malcolm Director | 1 | $0 | |
Stuart A Miller Director | 1 | $0 | |
Allan Pekor Director | 1 | $0 | |
Shelley Rubin Director | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
The Baupost Group | 11/29/21 | $249,806 |
D1 Capital Partners Onshore | 11/29/21 | $456,238 |
Farallon Capital | 11/29/21 | $114,608 |
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 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $568,490 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $7,089 |
Interest | $0 |
Taxes | $322,157 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $26,958 |
Total operating and administrative expenses | $1,776,541 |
Contributions, gifts, grants paid | $10,918,676 |
Total expenses and disbursements | $12,695,217 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $3,603,218 |
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 | $82,014,438 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $117,515,028 |
Accounts payable and accrued expenses | $50,991 |
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 | $50,991 |
Over the last fiscal year, Lennar Foundation Inc has awarded $10,918,676 in support to 81 organizations.
Grant Recipient | Amount |
---|---|
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 |
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 |
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 |
Organization Name | Assets | Revenue |
---|---|---|
Leslie L Alexander Foundation Delray Beach, FL | $372,501,228 | $8,282,313 |
Publix Super Markets Charities Inc Lakeland, FL | $259,322,738 | $58,315,085 |
O Wayne Rollins Foundation Atlanta, GA | $468,654,801 | $21,609,282 |
Goizueta Foundation Inc Atlanta, GA | $444,757,286 | $34,966,270 |
The Marie-Josee And Henry R Kravis Foundation West Palm Beach, FL | $65,193,748 | $101,287,799 |
Peter@degeorge Family Foundation Inc Palm Beach Gardens, FL | $1,828,456 | $678,712 |
The Batchelor Foundation Inc Miami Beach, FL | $358,630,434 | $9,326,509 |
Lettie Pate Evans Foundation Inc Atlanta, GA | $69,308,402 | $17,897,458 |
Cornelia T Bailey Charitable Trust West Palm Beach, FL | $355,586,591 | $19,852,168 |
James M Cox Foundation Of Ga Inc Atlanta, GA | $0 | $81,966,247 |
Georgia Power Foundation Inc In Receivership Atlanta, GA | $222,309,509 | $29,809,906 |
Bobbie Bailey Foundation Inc Tucker, GA | $24,485,053 | $1,564,197 |