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Community Foundation Of The Florida Keys

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 650648968 ✦ Key west, FL ✦ Designated as a 501(c)(3)

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Overview

What is Community Foundation Of The Florida Keys?

The Community Foundation of the Florida Keys is a philanthropic organization committed to enhancing the quality of life in Monroe County, Florida, for future generations. Actively connecting acts of compassion to community needs, the foundation fosters philanthropy by collaborating with individuals and nonprofits to shape philanthropic plans. In 2022, they provided 451 grants, supporting various causes such as animal welfare, arts and culture, education, environmental preservation, health and human services, housing, and youth programs. The majority of the 2.3 million dollars in grants stemmed from the thoughtful recommendations of donor advisors and nonprofit entities. Furthermore, the foundation empowers nonprofit organizations by assisting them in establishing endowments and operational reserve funds, opening 28 new funds in 2022, with 23 of them being nonprofit endowments augmented by a matching program made possible by the estate of Peter MacDougall. In summary, the Community Foundation of the Florida Keys utilizes philanthropy to connect resources and needs in the community, supporting a wide range of causes through grants and endowment assistance.


Official website here: www.cffk.org

Is Community Foundation Of The Florida Keys legitimate?

Community Foundation Of The Florida Keys is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Foundation Of The Florida Keys submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $305,481

For more financial information, click here


Official website here: www.cffk.org

What is the mission statement of Community Foundation Of The Florida Keys?

The Community Foundation of Florida Keys' mission is centered around connecting people, resources, and needs through philanthropy. By fostering acts of compassion and collaborating closely with individuals, the foundation aims to address specific community needs across various sectors such as animal welfare, arts and culture, education, environmental preservation, health and human services, housing, music, recreation, scholarships, teacher awards, and youth programs. In 2022, they provided support to these causes through 451 grants, totaling 2.3 million dollars, primarily based on donor advisors and non-profit entity recommendations. Furthermore, the foundation empowers non-profit organizations by assisting them in establishing endowments and operational reserve funds.


Official website here: www.cffk.org

Who is the CEO of Community Foundation Of The Florida Keys?

Jennifer Mccomb is the President & of Community Foundation Of The Florida Keys.


Official website here: www.cffk.org

What is the revenue of Community Foundation Of The Florida Keys?

Community Foundation Of The Florida Keys's revenue in 2022 was -$626,007.


Official website here: www.cffk.org

Who are the executives of Community Foundation Of The Florida Keys and what are their salaries?

The average compensation at Community Foundation Of The Florida Keys during 2022 was $101,827. There are 3 employees and 39 volunteers at Community Foundation Of The Florida Keys.


Here are 12 key members and their salaries:


Jennifer Mccomb (President &)
  • Compensation: $146,282
  • Related: $0
  • Other: $0
Marian Buccafurni (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ron Burd (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
B William Langley (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Warren Leamard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Lietaert (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Heidi Morris (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Nolt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrea Spottswood (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Swain (Vice Chair-T)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rosi Ware (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jodi Weinhofer (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.cffk.org

Where can I find the form 990 for Community Foundation Of The Florida Keys?

Community Foundation Of The Florida Keys's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.cffk.org

Learn more at the official website: www.cffk.org

Mission Statement of Community Foundation Of The Florida Keys

The Community Foundation of the Florida Keys, a philanthropic organization, is committed to bridging the gap between people, resources, and community needs. Its mission is centered around connecting acts of compassion with the specific requirements of Monroe County, Florida, aiming to enhance the quality of life for generations to come. The foundation achieves this by collaborating closely with individuals, helping to shape philanthropic plans that bolster nonprofit programs across the Florida Keys. In 2022, the Community Foundation of the Florida Keys distributed grants totaling 2.3 million dollars, supporting diverse causes such as animal welfare, arts and culture, education, environmental preservation, health and human services, housing, music, recreation, scholarships, teacher awards, and youth programs. The majority of these funds were recommended by donor advisors and not-for-profit entities, demonstrating the organization's commitment to effectively allocating resources to address the community's needs. The foundation also empowers nonprofit organizations by assisting them in establishing endowments and operational reserve funds. In 2022 alone, 28 new funds were opened, with 23 of these being nonprofit endowments augmented by a matching program made possible by the estate of Peter MacDougall.

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Impact




October, 2024

The Community Foundation of the Florida Keys significantly enhances the quality of life in Monroe County, Florida, by connecting the community with philanthropic resources and addressing specific local needs. In 2022, the foundation facilitated 451 grants, totaling $2.3 million, to support a wide array of causes such as animal welfare, arts and culture, education, environmental preservation, health services, housing, music, recreation, scholarships, and youth programs.

Through its efforts, the foundation empowers local organizations by helping them establish endowments and operational reserve funds. In 2022, 28 new funds were opened, demonstrating a commitment to sustainable support for various causes, with 23 of those being non-profit endowments. This growth is further fueled by thoughtful recommendations from donor advisors and collaborations with not-for-profit entities.

Moreover, the foundation’s matching program, enabled by the estate of Peter MacDougall, showcases its dedication to long-term community investment. By fostering philanthropy, it actively connects acts of compassion to the community's evolving needs, ensuring that the benefits are felt both now and for generations to come.




This information is meant to be a general summary of Community Foundation Of The Florida Keys. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
-$626,007 (2022)
Expenses
$2,960,673 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,001,057
  • Program Service Revenue: $323,501
  • Gross Receipts: $4,049,005

Assets and Liabilities:

  • Total Assets: $24,430,646
  • Total Liabilities: $4,423,454
  • Net Assets: $20,007,192

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

ADMIN FEES

Revenue

$319,201

LEADERSHIP SUCCESS ACADEMY

Revenue

$4,300

Organization Details

Founding Year

1996

Principal Officer

Jennifer Mccomb

Main Address

300 SOUTHARD ST SUITE 201, KEY WEST, FL, 33040

NTEE Category

Code: T31 - Philanthropy

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