Paul T And Ruth B Abraham Family Foundation Inc
- Assets
- $1.3m
- Revenue
- $23.9k
- Investments
- $618.2k
- Employees
- 0
- Location
- Fort Myers, FL
- Founding
- Data as of
- 12/2023
- EIN
- 84-3753965
Organization Overview
Paul T And Ruth B Abraham Family Foundation Inc is located in Fort Myers, FL. According to its NTEE Classification (E99) the organization is classified as: Health Care N.E.C., under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Paul T And Ruth B Abraham Family 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 12/2023, Paul T And Ruth B Abraham Family Foundation Inc generated $23.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (53.3%) each year.
Since 2020, Paul T And Ruth B Abraham Family Foundation Inc has awarded 19 individual grants totaling $275,000. 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 |
|---|---|---|---|
Pamela L Abraham President, T | 0 | $0 | |
Andre J Patrone Secretary | 0 | $0 | |
Mathew Verrengia Vice Preside | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $52 |
| Dividends & Interest | $50,569 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$26,768 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $23,853 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,237 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $1,237 |
| Contributions, gifts, grants paid | $70,000 |
| Total expenses and disbursements | $71,237 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $729,949 |
| 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 | $1,348,135 |
| 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 | $441 |
| Total liabilities | $441 |
Grants Awarded
Over the last fiscal year, Paul T And Ruth B Abraham Family Foundation Inc has awarded $70,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
SWFL COMMUNITY FOUNDATION INC PURPOSE: GENERAL USE | $5,000 |
BIG BROTHERS BIG SISTERS PURPOSE: GENERAL USE | $30,000 |
HAWAII COMMUNITY FOUNDATION PURPOSE: GENERAL USE | $15,000 |
WORLD CENTRAL KITCHEN PURPOSE: GENERAL USE | $10,000 |
LEE HEALTH FOUNDATION PURPOSE: GENERAL USE | $10,000 |