Make Disciples Charitable Foundation
- Assets
- $21.9m
- Revenue
- $36.5m
- Investments
- $18.9m
- Employees
- 0
- Location
- Sarasota, FL
- Founding
- Data as of
- 02/2022
- EIN
- 86-6690558
Organization Overview
Make Disciples Charitable Foundation is located in Sarasota, FL.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
AS A NEWLY LAUNCHED OPERATING FOUNDATION, THE FOUNDATION WORKED PRIMARILY ON PERFECTING THE FOUNDATION'S GOVERNANCE, GETTING ITS ACCOUNTING AND BOOKKEEPING IN ORDER, WORKING ON ITS TAX EXEMPTION APPLICATION, HIRING STAFF, AND A LEARNING PROGRAM TO WORK WITH OTHER SECTION 501(C)(3) ORGANIZATIONS WHOSE MISSIONS ALIGN WITH THE FOUNDATIONS BY WAY OF BOARD SERVICE OF FOUNDATION STAFF AND VOLUNTEERS ON SUCH SECTION 501(C)(3) ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kaly King Director | 30 | $12,000 | |
John D Lemp Trustee | 10 | $0 | |
Jamie Lemp Trustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $20,254,550 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,232 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $16,253,421 |
| Capital Gain Net Income | $16,253,421 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $36,509,203 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $12,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $22,345 |
| Taxes | $225,500 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $3,370 |
| Printing and publications | $0 |
| Other expenses | $1,362 |
| Total operating and administrative expenses | $321,899 |
| Contributions, gifts, grants paid | $796,925 |
| Total expenses and disbursements | $1,118,824 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,923,520 |
| Savings and temporary cash investments | $0 |
| 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 | $382,490 |
| 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 | $754,473 |
| Total assets | $21,928,898 |
| Accounts payable and accrued expenses | $57,652 |
| Grants payable | $500,000 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $7,473,524 |
| Total liabilities | $8,031,176 |
Grants Awarded
Over the last fiscal year, Make Disciples Charitable Foundation has awarded $296,925 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
Bradenton, FL PURPOSE: DESIGNATED TO BE USED FOR CONSTRUCTION OF THE "NORTH RIVER CAMPUS" | $150,000 |
Alpharetta, GA PURPOSE: UNRESTRICTED GRANT TO SUPPORT THE MISSION OF THE FOUNDATION | $100,000 |
USA TRANSFORM DBA UNITED IN PURPOSE PURPOSE: UNRESTRICTED GRANT TO SUPPORT THE MISSION OF THE FOUNDATION | $25,000 |
Washington, DC PURPOSE: UNRESTRICTED GRANT TO SUPPORT THE MISSION OF THE FOUNDATION | $15,000 |
Venice, FL PURPOSE: UNRESTRICTED GRANT TO SUPPORT THE MISSION OF THE FOUNDATION | $5,325 |
Sarasota, FL PURPOSE: UNRESTRICTED GRANT TO SUPPORT THE MISSION OF THE FOUNDATION | $1,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Pentecost Foundation Bradenton, FL | $91,770,712 | $23,508,587 |
Bobbie Bailey Foundation Inc Tucker, GA | $24,485,053 | $1,564,197 |
Camber Foundation Durham, NC | $143,536,160 | $30,406,277 |
Affinity Health Center Rock Hill, SC | $21,220,850 | $20,654,145 |
Senior Total Life Care Gastonia, NC | $7,534,285 | $22,491,131 |
Latin Academy Of Recording Arts & Sciences Inc Miami, FL | $39,115,078 | $23,723,068 |
Rush Care Inc Meridian, MS | $36,015,536 | $16,929,322 |
Duke Integrated Network Inc Durham, NC | $2,381,377 | $12,476,427 |
National Save The Sea Turtle Foundation Inc Fort Lauderdale, FL | $31,698,060 | $38,580,626 |
Sunrise 2000 Inc Miami, FL | $2,498,890 | $23,255,068 |
Coahoma Electric Power Assn Lyon, MS | $50,480,063 | $20,605,799 |
Montgomery Community Action Committee Montgomery, AL | $13,253,001 | $19,355,950 |