Vystar Community Foundation Inc
- Assets
- $422.7k
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Jacksonville, FL
- Founding
- Data as of
- 12/2023
- EIN
- 87-2247208
Organization Overview
Vystar Community Foundation Inc is located in Jacksonville, FL. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vystar Community 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, Vystar Community Foundation Inc generated $1.1m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 62.7% each year .
Since 2023, Vystar Community Foundation Inc has awarded 22 individual grants totaling $1,534,184. 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
VYSTAR FOUNDATION IS DEDICATED TO DOING GOOD AND LEADING BY EXAMPLE THROUGH COLLABORATIVE PARTNERSHIPS THAT SUPPORT YOUTH, MILITARY MEMBERS AND VETERANS, AND OVERALL COMMUNITY VITALITY IN THE AREAS SERVED BY VYSTAR CREDIT UNION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MILITARY GRANT CYCLE OPENED Q1 2023. TEN (10) ORGANIZATIONS ADDRESSING FOOD AND HOUSING INSECURITY, PROVIDING EMPLOYMENT AND SMALL BUSINESS COUNSELING, AND MENTAL HEALTH SERVICES WERE AWARDED A 1-YEAR GRANT.
MILITARY GRANT CYCLE OPENED Q1 2023. TEN (10) ORGANIZATIONS ADDRESSING FOOD AND HOUSING INSECURITY, PROVIDING EMPLOYMENT AND SMALL BUSINESS COUNSELING, AND MENTAL HEALTH SERVICES WERE AWARDED A 1-YEAR GRANT.
VYSTAR FOUNDATION DONATED A 2,556-SQUARE-FOOT PROPERTY TO A JACKSONVILLE-BASED NONPROFIT, THREE GRAINS OF RICE MISSIONS, AN ORGANIZATION THAT PROVIDES RESOURCES TO FAMILIES FOR HOUSING, FOOD, CLOTHING, MEDICAL CARE AND FINANCIAL EDUCATIONAL IN Q2 2023.
VYSTAR FOUNDATION DONATED A 2,556-SQUARE-FOOT PROPERTY TO A JACKSONVILLE-BASED NONPROFIT, THREE GRAINS OF RICE MISSIONS, AN ORGANIZATION THAT PROVIDES RESOURCES TO FAMILIES FOR HOUSING, FOOD, CLOTHING, MEDICAL CARE AND FINANCIAL EDUCATIONAL IN Q2 2023.
SECOND GRANT CYCLE OPENED IN Q3 2023. THE YOUTH GRANT CYCLE SUPPORTED PROGRAMS THAT CREATE ACCESS TO NUTRITIOUS MEALS AND STABLE HOUSING; BUILD WORKFORCE EXPERIENCE SKILLS AND EDUCATION THAT LEAD TO LONG-TERM CAREER PATHWAYS; OR PROVIDE LEARNING ENVIRONMENTS THAT ENCOURAGE CREATIVITY AND POSITIVE DEVELOPMENT.
SECOND GRANT CYCLE OPENED IN Q3 2023. THE YOUTH GRANT CYCLE SUPPORTED PROGRAMS THAT CREATE ACCESS TO NUTRITIOUS MEALS AND STABLE HOUSING; BUILD WORKFORCE EXPERIENCE SKILLS AND EDUCATION THAT LEAD TO LONG-TERM CAREER PATHWAYS; OR PROVIDE LEARNING ENVIRONMENTS THAT ENCOURAGE CREATIVITY AND POSITIVE DEVELOPMENT.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Diane Fears Director | Trustee | 1 | $0 |
Brian Wolfburg Chairman | Officer | 1 | $0 |
Chad Meadows Treasurer | Officer | 1 | $0 |
Dana Karzan Secretary | Officer | 1 | $0 |
Patricia Mcelroy President | Officer | 1 | $0 |
Diane Fears Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $500,000 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,076,790 |
| Noncash contributions included in lines 1a–1f | $570,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,076,790 |
| Total Program Service Revenue | $0 |
| Investment income | $371 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,077,161 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $767,092 |
| 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 | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $14,174 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $59,148 |
| Office expenses | $187 |
| Information technology | $54,008 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,490 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $8,598 |
| All other expenses | $0 |
| Total functional expenses | $904,697 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $422,717 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $422,717 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $422,717 |
| Net assets with donor restrictions | $0 |
| 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 | $422,717 |
Grants Awarded
Over the last fiscal year, Vystar Community Foundation Inc has awarded $1,534,184 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
THREE GRAINS OF RICE MISSIONS INC PURPOSE: DONATED BUILDING RECEIVED EARLIER IN THE YEAR | $570,000 |
ALACHUA COUNTY COALITION FOR THE HOMELESS AND HUNGRY PURPOSE: MILITARY GRANT FUNDS | $20,000 |
AMERICA'S SECOND HARVEST OF COASTAL GEORGIA PURPOSE: MILITARY GRANT FUNDS | $20,000 |
BEACHES HABITAT FOR HUMANITY PURPOSE: MILITARY GRANT FUNDS | $20,000 |
FIVE STAR VETERANS CENTER PURPOSE: MILITARY GRANT FUNDS | $20,000 |
NORTHEAST FLORIDA WOMEN VETERANS INC PURPOSE: MILITARY GRANT FUNDS | $20,000 |