Edgemer Foundation Inc
- Assets
- $9.0m
- Revenue
- $652.0k
- Investments
- $8.8m
- Employees
- 0
- Location
- Ft Lauderdale, FL
- Founding
- 03/2000
- Data as of
- 12/2022
- EIN
- 65-0976539
Organization Overview
Edgemer Foundation Inc is located in Ft Lauderdale, FL. The organization was established in 2000. 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. Edgemer 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, Edgemer Foundation Inc generated $652.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (21.0%) each year. All expenses for the organization totaled $3.2m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Edgemer Foundation Inc has awarded 144 individual grants totaling $22,214,363. 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 |
|---|---|---|---|
Linda H Roth Director | 0 | $0 | |
David M Roth Director | 0 | $0 | |
David W Horvitz Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $637,778 |
| Dividends & Interest | $204,817 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$255,679 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $65,072 |
| Total Revenue | $651,988 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $298,928 |
| Taxes | $33,555 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $147,054 |
| Total operating and administrative expenses | $479,537 |
| Contributions, gifts, grants paid | $2,744,954 |
| Total expenses and disbursements | $3,224,491 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $151,624 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $8,988,709 |
| 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 | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Edgemer Foundation Inc has awarded $2,744,954 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
BARD GRADUATE CENTER PURPOSE: GENERAL CONTRIBUTION | $10,000 |
BOWDOIN COLLEGE PURPOSE: GENERAL CONTRIBUTION | $475,000 |
BUSHNELL CENTER FOR THE PERFORMING ARTS PURPOSE: GENERAL CONTRIBUTION | $153,500 |
CHARTER OAK BOXING ACADEMY PURPOSE: GENERAL CONTRIBUTION | $30,000 |
CONNECTICUT CHILDREN'S MEDICAL CENTER PURPOSE: GENERAL CONTRIBUTION | $550,000 |
UCONN FOUNDATION PURPOSE: GENERAL CONTRIBUTION | $125,000 |