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Nonprofiteer
← COMMUNITY FOUNDATION MARTIN ST LUCIE INC

Form 990 for tax year 2023

Filed by COMMUNITY FOUNDATION MARTIN ST LUCIE INC.

Totals

Total revenue
$20,915,805
Total expenses
$6,599,534
Contributions and grants received
$18,059,120
Grants paid
$4,761,226
Program service revenue
$0
Investment income
$2,226,414
Other revenue
$630,271
Total assets, end of year
$58,468,562
Total liabilities, end of year
$1,358,256
Net assets or fund balances, end of year
$57,110,306
Program services expenses (Part IX)
$5,985,900
Management and general expenses
$548,045
Fundraising expenses
$65,589
Program service expenses (Part III)
$5,985,900

Program services were 90.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $18,059,120

  • 1g · Noncash contributions included above

    $1,508,587

  • 3 · Investment income

    total $1,692,685 · excluded $1,692,685

  • 7a · Gross sales of assets other than inventory

    securities $533,729

  • 7b · Less cost or other basis and sales expenses

    securities $0

  • 7c · Gain or loss

    securities $533,729

  • 7d · Net gain or loss

    total $533,729 · excluded $533,729

  • 11a · Other revenue: PHILANTHROPIC ADVISORY FEES

    total $569,862 · related or exempt $569,862

  • 11b · Other revenue: OTHER INCOME

    total $60,409 · related or exempt $60,409

  • 11e · Other revenue, total

    $630,271

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $4,707,574 · program services $4,707,574

  • 2 · Grants to domestic individuals

    total $53,652 · program services $53,652

  • 5 · Compensation of officers, directors and key employees

    total $196,345 · program services $137,441 · management and general $49,086 · fundraising $9,818

  • 7 · Other salaries and wages

    total $217,358 · program services $152,151 · management and general $54,340 · fundraising $10,867

  • 8 · Pension plan contributions

    total $13,347 · program services $9,343 · management and general $3,337 · fundraising $667

  • 9 · Other employee benefits

    total $36,629 · program services $25,639 · management and general $9,157 · fundraising $1,833

  • 10 · Payroll taxes

    total $36,445 · program services $25,512 · management and general $9,111 · fundraising $1,822

  • 11a · Fees: management

    total $560,672 · program services $420,504 · management and general $112,134 · fundraising $28,034

  • 11c · Fees: accounting

    total $151,245 · program services $105,872 · management and general $37,811 · fundraising $7,562

  • 11f · Fees: investment management

    total $242,513 · management and general $242,513

  • 12 · Advertising and promotion

    total $54,897 · program services $49,407 · management and general $2,745 · fundraising $2,745

  • 13 · Office expenses

    total $30,437 · program services $21,306 · management and general $7,609 · fundraising $1,522

  • 14 · Information technology

    total $12,319 · program services $8,623 · management and general $3,080 · fundraising $616

  • 16 · Occupancy

    total $44,603 · program services $33,452 · management and general $11,151

  • 19 · Conferences, conventions and meetings

    total $10,860 · program services $8,145 · management and general $2,715

  • 22 · Depreciation, depletion and amortization

    total $2,751 · program services $2,751

  • 23 · Insurance

    total $3,424 · program services $685 · management and general $2,739

  • 24a · Other expenses: PROGRAM SUPPORT

    total $217,121 · program services $217,121

  • 24b · Other expenses: DUES & SUBSCRIPTIONS

    total $3,610 · program services $3,610

  • 24c · Other expenses: PROFESSIONAL DEVELOPMEN

    total $2,067 · program services $1,447 · management and general $517 · fundraising $103

  • 24d · Other expenses: MISCELLANEOUS EXPENSES

    total $1,665 · program services $1,665

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $16,015 · end of year $18,328

  • 2 · Savings and temporary cash investments

    beginning of year $5,639,055 · end of year $1,411,359

  • 9 · Prepaid expenses and deferred charges

    beginning of year $2,858 · end of year $10,392

  • 10a · Land, buildings and equipment: cost or other basis

    $19,257

  • 10b · Land, buildings and equipment: accumulated depreciation

    $16,054

  • 10c · Land, buildings and equipment, net

    beginning of year $5,953 · end of year $3,203

  • 11 · Investments: publicly traded securities

    beginning of year $34,482,605 · end of year $56,805,285

  • 15 · Other assets

    beginning of year $258,900 · end of year $219,995

  • 17 · Accounts payable and accrued expenses

    beginning of year $128,577 · end of year $15,182

  • 18 · Grants payable

    beginning of year $5,000 · end of year $80,755

  • 25 · Other liabilities

    beginning of year $1,125,849 · end of year $1,262,319

  • 27 · Net assets without donor restrictions

    beginning of year $32,210,187 · end of year $49,630,978

  • 28 · Net assets with donor restrictions

    beginning of year $6,935,773 · end of year $7,479,328

Mission and programs · 2023

Mission

THE MISSION OF THE COMMUNITY FOUNDATION - MARTIN/ST. LUCIE, INC. IS TO INSPIRE PHILANTHROPY THROUGH THE ESTABLISHMENT OF CHARITABLE GIVING FUNDS TO IMPACT COMMUNITIES ACROSS THE UNITED STATES AND AROUND THE GLOBE.

Activities or mission (Part I)

THE COMMUNITY FOUNDATION - MARTIN/ST. LUCIE, INC. IS ENGAGED IN CARRYING OUT THE PHILANTHROPIC DESIRES AND INTENTIONS OF OUR DONORS/FUNDHOLDERS BY PROVIDING ASSISTANCE TO FACILITATE CONTRIBUTIONS TO CHARITABLE ORGANIZATIONS AND EDUCATIONAL INSTITUTIONS. ASSISTANCE PROVIDED MAY INCLUDE RESEARCH, VETTING OF CHARITIES AND FOLLOW-UP REPORTING TO ENSURE IMPACT AND USE OF CONTRIBUTIONS/GRANT FUNDS. BY SUCCESSFULLY INVESTING OUR CLIENTS' CHARITABLE ASSETS, THE COMMUNITY FOUNDATION PRESERVES AND WORKS TO GROW COMMUNITY CAPITAL IN PERPETUITY. WE ASSIST OUR LIVING FUNDHOLDERS BY NAVIGATING THE LANDSCAPE OF CHARITABLE ORGANIZATIONS IN THE REGION AND THROUGHOUT THE UNITED STATES SO THAT THEY CAN MAKE HIGH IMPACT, WELL-STRUCTURED GIFTS THAT BETTER THE LIVES OF OTHERS. THE COMMUNITY FOUNDATION HONORS THE INTENTIONS AND INTERESTS OF DECEASED FUNDHOLDERS THROUGH GRANT MAKING ACTIVITIES BASED ON THEIR WISHES AND GUIDELINES.

  • Withheld by Nonprofiteer: this text may name a private individual.

    Expenses $5,985,900 · Grants $4,761,226

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here. A text marked withheld matched a screen for wording that may name a private individual, such as an honorific or "in memory of". Most of what it withholds names no one; it is withheld so that what does is never shown.

Listed in Part VII

  • John Doody

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • Kenneth A Norman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • Ellyn Stevenson

    CHAIR

    Total calculated
    $0
    Hours/week
    5

  • Theora G Webb

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    5

  • Nancy Crowder-McCoy

    TREASURER

    Total calculated
    $0
    Hours/week
    5

  • Brian E Foss

    SECRETARY

    Total calculated
    $0
    Hours/week
    5

  • Kelly Buist

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • Linda Houston

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • Michael A Kelly

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • Tom Lytle

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • Gytha Von Aldenbruck

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • John E Tranter

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • Elizabeth Barbella

    PRESIDENT & CEO

    Total calculated
    $246,343
    From this org
    $225,453
    From related orgs
    $0
    Other
    $20,890
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $205,453
    Bonus
    $20,000
    Other
    $0
    Deferred
    $5,890
    Nontaxable benefits
    $15,000
    Filer's total
    $246,343

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2023
Filed
6 March 2025
IRS schema version
2023v6.0
Source object
202510709349301126

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