Gloria Estefan Foundation Inc
- Assets
- $630.6k
- Revenue
- $349.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Miami, FL
- Founding
- 10/1994
- Data as of
- 12/2022
- EIN
- 65-0466117
Organization Overview
Gloria Estefan Foundation Inc is located in Miami, FL. The organization was established in 1994. 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. Gloria Estefan 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, Gloria Estefan Foundation Inc generated $349.6k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.6% each year. All expenses for the organization totaled $239.9k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Gloria Estefan Foundation Inc has awarded 182 individual grants totaling $2,432,271. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gloria Estefan President | 0 | $0 | |
Emilio Estefan Secretary | 0 | $0 | |
Rebecca Fajardo Treasurer | 0 | $0 | |
Liz Balsameda Adv.board | 0 | $0 | |
Marc A Buonoconti Adv. Board | 0 | $0 | |
Patricia Escoto Adv. Board | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $349,547 |
| Interest on Savings | $72 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $349,619 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $8,500 |
| Total operating and administrative expenses | $8,500 |
| Contributions, gifts, grants paid | $231,373 |
| Total expenses and disbursements | $239,873 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $418,513 |
| Savings and temporary cash investments | $211,958 |
| Net Accounts receivable | $105 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $630,576 |
| 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 | $16,488 |
| Total liabilities | $16,488 |
Grants Awarded
Over the last fiscal year, Gloria Estefan Foundation Inc has awarded $231,373 in support to 21 organizations.
| Grant Recipient | Amount |
|---|---|
NATIONAL MS SOCIETY SOUTH FLORIDA PURPOSE: MEDICAL RESEARCH | $25,000 |
HISPANIC UNITY OF FLORIDA PURPOSE: TO SERVE IMMIGRANTS | $10,000 |
THE STATUE OF LIBERTY PURPOSE: HISTORICAL PRESERVATION | $7,500 |
RENE MOAWAD FOUNDATION PURPOSE: SOCIAL & RURAL PROMOTION | $10,000 |
HERE'S HELP PURPOSE: SUBSTANCE ABUSE TREATMENT | $10,000 |
ST JUDE CHILDRENS'S RESEARCH PURPOSE: MEDICAL RESEARCH | $10,000 |