Watches Of Switzerland Group Us Foundation
- Assets
- $141.8k
- Revenue
- $813.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Fort Lauderdale, FL
- Founding
- Data as of
- 04/2023
- EIN
- 87-2997535
Organization Overview
Watches Of Switzerland Group Us Foundation is located in Fort Lauderdale, FL. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Watches Of Switzerland Group Us Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION'S MISSION IS TO PROVIDE PEOPLE WITH ACCESS TO BASIC NEEDS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ACCESS TO BASIC NEEDS SUPPORT TO CHARITIES ADDRESSING FOOD INSECURITY.
CHARITY HOSPICES SUPPORT TO CHARITIES PROVIDING: - RELIEF TO THOSE OF ILL-HEALTH - END OF LIFE CARE.
HOMELESSNESS SUPPORT TO CHARITIES ADDRESSING HOMELESSNESS.
PROMOTION OF YOUNG PEOPLE SUPPORT TO CHARITIES ASSISTING YOUNG PEOPLE IN THE FULFILMENT OF THEIR POTENTIAL, FOCUSING ON THE REALMS OF: - EDUCATION - EQUALITY - PERSONAL DEVELOPMENT - ENTREPRENEURIAL SUPPORT - INNOVATIVE EMPLOYMENT PROGRAMS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Chairman And Director | OfficerTrustee | 1 | $0 |
Name Not Listed Officer | OfficerTrustee | 1 | $0 |
Name Not Listed Steering Committee Member | Trustee | 1 | $0 |
Name Not Listed Steering Committee Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $813,614 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $813,614 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $813,614 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $670,500 |
| 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 | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| 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 | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $671,798 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $141,816 |
| Savings and temporary cash investments | $0 |
| 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 | $141,816 |
| 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 | $141,816 |
| 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 | $141,816 |
Grants Awarded
Over the last fiscal year, Watches Of Switzerland Group Us Foundation has awarded $670,500 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
HABITAT FOR HUMANITY INTERNATIONAL PURPOSE: GENERAL NEEDS | $294,000 |
FEEDING SOUTH FLORIDA INC PURPOSE: GENERAL NEEDS | $176,500 |
US PRINCE'S TRUST PURPOSE: GENERAL NEEDS | $100,000 |
THREE SQUARE FOODBANK PURPOSE: GENERAL NEEDS | $50,000 |
FOODBANK FOR NEW YORK PURPOSE: GENERAL NEEDS | $50,000 |