Tidewell Foundation Inc
- Assets
- $70.2m
- Revenue
- $6.3m
- Investments
- $0.0
- Employees
- 0
- Location
- Lakewood Ranch, FL
- Founding
- Data as of
- 09/2023
- EIN
- 85-0729071
Organization Overview
Tidewell Foundation Inc is located in Lakewood Ranch, FL. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, 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. Tidewell 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 09/2023, Tidewell Foundation Inc generated $6.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (50.4%) each year. All expenses for the organization totaled $8.8m during the year ending 09/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Tidewell Foundation Inc has awarded 11 individual grants totaling $21,812,774. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE TIDEWELL FOUNDATION SERVES TO ELEVATE THE COMMITMENT IN PROVIDING A CONTINUUM OF HOSPICE, HOME HEALTH, GRIEF COUNSELING AND THERAPEUTIC SERVICES. FUNDS RAISED BY THE FOUNDATION ARE ESSENTIAL FOR THE FINANCIAL STABILITY OF TIDEWELL HOSPICE. THE TIDEWELL FOUNDATION SUPPORTS FREE GRIEF SERVICES AND PROGRAMS OFFERED TO THE COMMUNITY, AS WELL AS COMPLIMENTARY SERVICES TO PATIENTS, AND CHARITY CARE FOR PATIENTS. IN ADDITION, THE TIDEWELL FOUNDATION FUNDRAISES TO SUPPORT WORKFORCE DEVELOPMENT EFFORTS. THESE EFFORTS HELP FILL CRITICAL POSITIONS, CONNECT WITH THE COMMUNITY, ENGAGE VOLUNTEERS AND DONORS, AND SUPPORT MUCH NEEDED AND VITAL PROGRAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE LARGEST PROGRAM SERVICES OF TIDEWELL HOSPICE SUPPORTED BY GRANTS FROM THE TIDEWELL FOUNDATION ARE FREE COMMUNITY GRIEF SERVICES FOR CHILDREN AND ADULTS, CHARITY CARE, COMPLEMENTARY SERVICES FOR PATIENTS, VETERANS SERVICES AND TRAINING FOR STAFF, CARDIAC PROGRAM, HUMANITARIAN NEEDS OF PATIENTS, PEDIATRIC SERVICES, AND WORKFORCE DEVELOPMENT TRAINING PROGRAMS FOR NURSES, HOME HEALTH AIDES, AND CERTIFIED NURSE ASSISTANTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rafael J Sciullo Former President | 1 | $0 | |
Jonathan Fleece President/ceo | Officer | 1 | $0 |
Saida Bouhamid CFO | Officer | 1 | $0 |
Debra A Mason President Tidewell Foundation | Officer | 40 | $0 |
Christy Hendricks Chief Legal Officer | Officer | 1 | $0 |
Renee Eppard Chair | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Acrobatix Worldwide Inc Advertising Services | 9/29/23 | $205,107 |
Empath Health Inc Management Services | 9/29/23 | $102,344 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $199,212 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,905,246 |
| Noncash contributions included in lines 1a–1f | $1,281,556 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,104,458 |
| Total Program Service Revenue | $0 |
| Investment income | $1,267,686 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $57,606 |
| Net Gain/Loss on Asset Sales | -$1,057,934 |
| Net Income from Fundraising Events | -$92,555 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,280,023 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $4,900,918 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $182,712 |
| Fees for services: Legal | $64,211 |
| Fees for services: Accounting | $23,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $265,023 |
| Fees for services: Other | $2,006,566 |
| Advertising and promotion | $162,816 |
| Office expenses | $334,591 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $460,024 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $9,341 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $202,931 |
| Insurance | $33,231 |
| All other expenses | $15,934 |
| Total functional expenses | $8,845,633 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,312,027 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $262,731 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $212,590 |
| Net Land, buildings, and equipment | $4,879,224 |
| Investments—publicly traded securities | $60,127,311 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $396,148 |
| Total assets | $70,190,031 |
| Accounts payable and accrued expenses | $90,016 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $5,343,145 |
| Total liabilities | $5,433,161 |
| Net assets without donor restrictions | $63,610,800 |
| Net assets with donor restrictions | $1,146,070 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $70,190,031 |
Grants Awarded
Over the last fiscal year, Tidewell Foundation Inc has awarded $4,669,789 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
CONNEXIS MEDICAL SERVICES PURPOSE: SUPPORT FOR PALLIATIVE CARE PROGRAMS | $528,177 |
TIDEWELL HOSPICE INC PURPOSE: VARIOUS TIDEWELL PROGRAMS AND CHARITY CARE SUPPORT | $4,091,612 |
THE HOSPICE FOUNDATION OF THE FLORIDA SUNCOAST INC PURPOSE: SUPPORT FOR PROGRAM SERVICES | $50,000 |