Roselo Foundation
- Assets
- $0.0
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 0
- Location
- Sarasota, FL
- Founding
- 05/2003
- Data as of
- 11/2023
- EIN
- 98-0396129
Organization Overview
Roselo Foundation is located in Sarasota, FL. The organization was established in 2003. 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. Roselo 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 11/2023, Roselo Foundation generated $1.5m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 54.7% each year . All expenses for the organization totaled $3.7m during the year ending 11/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Roselo Foundation has awarded 21 individual grants totaling $4,577,803. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jonathan Randal Trustee | 5 | $0 | |
Julie Monin Trustee | 1 | $0 | |
Jean Lo Trustee | 1 | $0 | |
Isabelle Hart Trustee | 1 | $0 | |
Jonathan Randal Trustee | 5 | $0 | |
Victor Tanner Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $654 |
| Dividends & Interest | $55,073 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,459,820 |
| Capital Gain Net Income | $1,459,820 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,514,893 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $15,184 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $3,019 |
| Printing and publications | $0 |
| Other expenses | $25 |
| Total operating and administrative expenses | $79,604 |
| Contributions, gifts, grants paid | $3,587,503 |
| Total expenses and disbursements | $3,667,107 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $246,575 |
| Net Accounts receivable | $3,725 |
| 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 | $0 |
| 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, Roselo Foundation has awarded $3,763,803 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
ACTIVE ENGLISH SCHOOL PURPOSE: SEE EXPENDITURE RESPONSIBILITY REPORT | $28,800 |
REFUGEE AND IMMIGRANT FUND PURPOSE: TO HELP REFUGEES START A NEW LIFE BY PROVIDING LEGAL AND PSYCHOSOCIAL SUPPORT | $7,500 |
ACTIVE ENGLISH SCHOOL PURPOSE: SEE EXPENDITURE RESPONSIBILITY REPORT | $28,800 |
WADI ASSOCIATION FOR CRISIS ASSISTANCE PURPOSE: SEE EXPENDITURE RESPONSIBILITY REPORT | $140,000 |
WADI ASSOCIATION FOR CRISIS ASSISTANCE PURPOSE: SEE EXPENDITURE RESPONSIBILITY REPORT | $100,000 |
THE STERLING DONOR ADVISED FUND PURPOSE: SUPPORT FOR VARIOUS CHARITABLE ORGANIZATIONS | $3,458,703 |