Form 990 for tax year 2024
Filed by FRENCHMANS CREEK CHARITIES FOUNDATION INC.
Totals
- Total revenue
- $574,642
- Total expenses
- $491,473
- Contributions and grants received
- $600,757
- Grants paid
- $462,202
- Program service revenue
- $0
- Investment income
- $14,340
- Other revenue
- -$40,455
- Total assets, end of year
- $413,614
- Total liabilities, end of year
- $9,628
- Net assets or fund balances, end of year
- $403,986
- Program services expenses (Part IX)
- $462,202
- Management and general expenses
- $29,271
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $462,202
Program services were 94.0% 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.
-
1c · Fundraising events
$583,644
-
1f · All other contributions, gifts and grants
$17,113
-
3 · Investment income
total $14,340 · excluded $14,340
-
8a · Fundraising events: gross income
$68,131
-
8a · Fundraising events: contributions included on line 1c
$583,644
-
8b · Fundraising events: direct expenses
$108,586
-
8c · Net income from fundraising events
total -$40,455
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $462,202 · program services $462,202
-
11c · Fees: accounting
total $18,643 · management and general $18,643
-
13 · Office expenses
total $877 · management and general $877
-
14 · Information technology
total $693 · management and general $693
-
24a · Other expenses: CREDIT CARD FEES
total $8,868 · management and general $8,868
-
24b · Other expenses: TAXES AND LICENSES
total $190 · management and general $190
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $26,171 · end of year $76,020
-
2 · Savings and temporary cash investments
beginning of year $217,537
-
11 · Investments: publicly traded securities
beginning of year $105,737 · end of year $337,594
-
17 · Accounts payable and accrued expenses
beginning of year $11,000 · end of year $674
-
25 · Other liabilities
beginning of year $17,628 · end of year $8,954
-
27 · Net assets without donor restrictions
beginning of year $320,817 · end of year $403,986
Mission and programs · 2024
Mission
TO SUPPORT CHARITABLE, EDUCATIONAL, AND RELIEF EFFORTS BY DISTRIBUTING FUNDS TO QUALIFIED 501(C)(3) ORGANIZATIONS AND PROVIDING FINANCIAL ASSISTANCE TO FRENCHMANS CREEK, INC. EMPLOYEES IN NEED, WITH A FOCUS ON BENEFITING THE COMMUNITIES OF PALM BEACH AND MARTIN COUNTIES. THE PRINCIPAL PURPOSE FOR WHICH IT IS FORMED IS TO RECEIVE AND ADMINISTER FUNDS FOR CHARITABLE PURPOSES AS DESCRIBED IN THE ARTICLES OF INCORPORATION OF THE CORPORATION, INCLUDING WITHOUT LIMITATION: 1. MAKING DISTRIBUTIONS FROM UNRESTRICTED FUNDS TO ORGANIZATIONS LOCATED IN PALM BEACH AND MARTIN COUNTIES, FLORIDA, AND/OR ORGANIZATIONS IN OTHER COUNTIES PROVIDING SERVICES THAT DIRECTLY SUPPORT THE COMMUNITIES AND/OR RESIDENTS OF THE COMMUNITIES OF PALM BEACH COUNTY, THAT QUALIFY AS EXEMPT ORGANIZATIONS UNDER SECTION 501 (C) (3) OF THE UNITED STATES INTERNAL REVENUE CODE OF 1986 (OR THE CORRESPONDING PROVISION OF ANY FUTURE LAW OF THE INTERNAL REVENUE SERVICE OR DEPARTMENT OF TREASURY, HEREIN IRC); 2. MAKING QUALIFIED D
-
PROVIDED GRANTS TO SEVERAL CHARITABLE ORGANIZATIONS IN THE PALM BEACH COUNTY AREA TOTALING APPROXIMATELY 450,000.
Expenses $462,202 · Grants $462,202
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Ellen MalaskyELLEN MALASKY
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Mike MorganMIKE MORGAN
SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
Eric WolfERIC WOLF
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
Carey PackCAREY PACK
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Martin KrallMARTIN KRALL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Jeff McAlisterJEFF MCALISTER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Alan GurockALAN GUROCK
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Lisette SiegelLISETTE SIEGEL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Jeff MaurerJEFF MAURER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Stephen CohenSTEPHEN COHEN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Jeffrey ParkerJEFFREY PARKER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Michael AzeezMICHAEL AZEEZ
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Diane ExterDIANE EXTER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
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.
Grants on this return
-
$40,000
ED PROGRAM SUPPORT
-
PALM BEACH GARDENS FIRE RESCUE
$37,800
DEFRIBRILLATORS
-
$35,000
SERVICE DOG PROGRAM
-
CAMP PROG SUPPORT
-
$28,000
ESOL PROG SUPPORT
-
TOWN OF JUNO BEACH
$27,000
TOWN SERVICES
-
PALM BEACH GARDENS HIGH SCHOOL
$21,000
ESE PROG SUPPORT
-
$20,000
FINANCIAL ASSISTANCE
-
$20,000
OCEAN ED PROGRAM
-
$17,040
DISABILITY SUPPORT
The 10 largest by cash amount. The API serves every itemized grant.
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
FRENCHMAN'S CREEK INC
C CORP · OWNERS ASC · FL
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 30 October 2025
- IRS schema version
- 2024v5.0
- Source object
- 202503039349302910
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