Iordanou Family Foundation
- Assets
- $781.0k
- Revenue
- $712.0k
- Investments
- $776.7k
- Employees
- 0
- Location
- Marco Island, FL
- Founding
- Data as of
- 12/2022
- EIN
- 85-1420046
Organization Overview
Iordanou Family Foundation is located in Marco Island, FL. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Iordanou Family 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, Iordanou Family Foundation generated $712.0k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 54.1% each year .
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $701,457 |
| Interest on Savings | $29 |
| Dividends & Interest | $5 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $10,509 |
| Capital Gain Net Income | $67,939 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $712,000 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $29 |
| Taxes | $376 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $405 |
| Contributions, gifts, grants paid | $95,000 |
| Total expenses and disbursements | $95,405 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $4,307 |
| 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 | $780,965 |
| 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, Iordanou Family Foundation has awarded $95,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
MARCO ISLAND ACADEMY PURPOSE: UNRESTRICTED | $20,000 |
PANCYPRIAN ASSOCIATION INC PURPOSE: UNRESTRICTED | $30,000 |
RETT SYNDROME RESEARCH TRUST PURPOSE: UNRESTRICTED | $10,000 |
TRANSFIGURATION CHURCH PURPOSE: UNRESTRICTED | $5,000 |
MIA RAYS SQUADRON PURPOSE: UNRESTRICTED | $30,000 |