A Private Foundation located in PALM BEACH GARDENS, FL
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About this Private Foundation: 456882
Foundation Profile
The foundation's mission centers around the preservation and operation of a historic mansion, which has been transitioned to a newly formed limited liability company. This entity is tasked with managing the property for charitable and educational purposes, ensuring that it serves as a valuable community resource. The foundation plays a crucial role in overseeing this LLC, appointing its officers and directors, and is entitled to all net income or losses generated by the property.
Funding priorities are aligned with the foundation's commitment to community enrichment, particularly in the areas of education, arts, and cultural preservation. Grant opportunities are available primarily to organizations and projects that align with these themes, fostering a collaborative spirit among local nonprofits and educational institutions. Eligibility criteria typically include a focus on organizations that demonstrate a clear mission compatible with the foundation's objectives, as well as the capacity to effectively utilize funding for community benefit.
The foundation's strategic approach to charitable giving emphasizes not only financial support but also the importance of sustainable practices. By continuing the transition process initiated in July 2021, the foundation ensures that its assets contribute to long-term community development. Grant seekers are encouraged to explore the foundation's funding interests, which prioritize innovative projects that enhance educational access and cultural engagement.
In summary, this private foundation exemplifies a robust model of charitable giving, blending historical preservation with a forward-thinking approach to community support. Organizations seeking funding in the realms of education and cultural enrichment will find a committed partner in this foundation, dedicated to making a meaningful impact.
PALM BEACH GARDENS, FL
Summary
$133.1m
Distributions
$8.5mContributions
$164kGrant Median
$Count
0Grant Max
$0
Latest Tax e-Filing
2023Published by IRS
2024People

# | Name | Title | Hours / Wk | Comp ($) |
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Charitable Activities

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