Strachan Foundation
- Assets
- $12.6m
- Revenue
- $1.8m
- Investments
- $12.5m
- Employees
- 0
- Location
- Coral Gables, FL
- Founding
- Data as of
- 12/2022
- EIN
- 87-1008683
Organization Overview
Strachan Foundation is located in Coral Gables, FL. 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. Strachan 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, Strachan Foundation generated $1.8m in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 14.0% each year . All expenses for the organization totaled $935.4k during the year ending 12/2022. While expenses have increased by 16.0% per year over the past 2 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Strachan Foundation has awarded 46 individual grants totaling $683,419. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
FUSAL - LIBRAS DE AMOR - SUPPORT FOR COMMUNITY HEALTH PROGRAMS & FEEDING MALNOURISHED CHILDREN
REGIONAL SEMINARS- SUPPORT FOR EDUCATION
FEREMA - FUNDACION PARA LA EDUCACION RICARDO ERNESTO MADURO ANDREU - SUPPORT SCHOLARSHIPS FOR LOW INCOME COMMUNITIES
CALI - CENTRAL AMERICA LEADERSHIP PROGRAM - EDUCATION IN CENTRAL AMERICA COMMUNITIES
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Harry Strachan President, C | 0 | $0 | |
Charles K Strachan Vp, Assistan | 0 | $0 | |
Robert Lindenberg Strachan Treasurer | 0 | $0 | |
Sandy Strachan Vice Preside | 0 | $0 | |
Alan Miguel Tello Executive Di | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $10,000 |
| Interest on Savings | $143,332 |
| Dividends & Interest | $202,520 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,066,513 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $328,065 |
| Total Revenue | $1,750,430 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $67,200 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $494,972 |
| Total operating and administrative expenses | $572,379 |
| Contributions, gifts, grants paid | $363,044 |
| Total expenses and disbursements | $935,423 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $24,041 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $15,000 |
| 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 | $12,540,144 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $12,579,185 |
| 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, Strachan Foundation has awarded $363,044 in support to 29 organizations.
| Grant Recipient | Amount |
|---|---|
REGIONAL SEMINARS PURPOSE: EDUCATE | $27,504 |
FUNDACION ABRAHAM PURPOSE: SOCIAL PROGRAMS | $20,000 |
CALI PURPOSE: EDUCATION IN CENTRAL AMERICA | $20,000 |
TEENSMART INTERNATIONAL PURPOSE: EDUCATE TEENAGERS | $15,000 |
PRODIM PURPOSE: SOCIAL PROGRAMS | $18,000 |
FEREMA PURPOSE: EDUCATE CHILDREN | $25,000 |