Family Philanthropic Foundation

Organization Overview

Family Philanthropic Foundation is located in Boston, MA. The organization was established in 2000. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, 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. Family Philanthropic Foundation 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, Family Philanthropic Foundation generated $2.4m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 34.7% each year . All expenses for the organization totaled $579.1k during the year ending 12/2022. While expenses have increased by 11.4% per year over the past 8 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.

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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $2,076,107
Interest on Savings $0
Dividends & Interest $220,662
Net Rental Income$0
Net Gain on Sale of Assets $146,829
Capital Gain Net Income $1,713,373
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $2,443,598

Grants Awarded

Over the last fiscal year, Family Philanthropic Foundation has awarded $200,000 in support to 2 organizations.

Grant RecipientAmount

UNITED WAY OF MIAMI DADE

PURPOSE: CHARITABLE

$60,000

THE MIAMI FOUNDATION

PURPOSE: CHARITABLE

$140,000
View Grant Profile

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