Skip to main content
IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 30-0239421

KEY BISCAYNE COMMUNITY FOUNDATION INC

Tax-exempt · KEY BISCAYNE, FL 33149

Financials

$3.9M$4.2M2023$11.9M$5.2M2024
Revenue Expenses · by fiscal year end
Financials of KEY BISCAYNE COMMUNITY FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$11,933,438$5,166,691$6,766,747$20,637,046$518,894$20,118,152
December 31, 2023990$3,867,267$4,157,925-$290,658$12,662,396$418,911$12,243,485
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$10,675,024
Program service revenue
$678,514
Investment income
$516,032
Net income from fundraising events
$63,868
Other revenue
$63,868

Expenses

Grants and similar amounts paid
$1,757,456
Compensation of officers, directors and key employees
$179,792
Other salaries and wages
$390,192
Salaries, compensation and benefits (total)
$652,052
Professional fundraising fees
$0
Accounting fees
$39,176
Occupancy
$58,411
Program services (functional)
$4,720,473
Management and general (functional)
$236,760
Fundraising (functional)
$209,458

Balance sheet and other

Total assets, start of year
$12,662,396
Total assets, end of year
$20,637,046
Total liabilities, end of year
$518,894
Net assets, end of year
$20,118,152
Publicly traded securities
$13,104,012
Net assets without donor restrictions
$5,139,317
Net assets with donor restrictions
$14,978,835
Gross receipts
$12,050,019
Employees
11
Volunteers
1,215
Year formed
2004
State of legal domicile
FL

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
MELISSA MCCAUGHAN WHITEEXECUTIVE DI
Officer
40$179,792
GARY GROSSCHAIR
Trustee or director, Officer
2$0
BILL ROHRERTREASURER
Trustee or director, Officer
2$0
RICHARD GOLDSTEINVICE CHAIR
Trustee or director, Officer
2$0
MICHAEL C GRAUSAMBOARD SECRET
Trustee or director
2$0
DANIEL CASTRODIRECTOR
Trustee or director
2$0
CLAUDINE COTODIRECTOR
Trustee or director
2$0
JORGE MENDIA MDDIRECTOR
Trustee or director
2$0
ANNE RICHARDS ROTHEDIRECTOR
Trustee or director
2$0
ANA GLORIA RIVAS-VAZQUEZDIRECTOR
Trustee or director
2$0
STEPHEN SONNABENDDIRECTOR
Trustee or director
2$0
DANIELLE VIDALDIRECTOR
Trustee or director
2$0
990 for the year ended December 31, 2023: 12 people
NameTitleHours / weekCompensation
MELISSA MCCAUGHAN WHITEEXECUTIVE DI
Officer
40$140,000
JORGE MENDIA MDDIRECTOR
Trustee or director
2$0
GARY GROSSCHAIR
Trustee or director, Officer
2$0
ANA GLORIA RIVAS-VAZQUEZDIRECTOR
Trustee or director
2$0
STEPHEN SONNABENDDIRECTOR
Trustee or director
2$0
ANNE RICHARDS ROTHEDIRECTOR
Trustee or director
2$0
RICHARD GOLDSTEINVICE CHAIR
Trustee or director, Officer
2$0
BILL ROHRERTREASURER
Trustee or director, Officer
2$0
CLAUDINE COTOSECRETARY
Trustee or director, Officer
2$0
MICHAEL C GRAUSAMDIRECTOR
Trustee or director
2$0
DANIELLE VIDALDIRECTOR
Trustee or director
2$0
DANIEL CASTRODIRECTOR
Trustee or director
2$0

Address and contacts

Address (IRS master file)
240 CRANDON BLVD STE 108, KEY BISCAYNE, FL 33149-1543
Principal officer (990 for 2024)
GARY GROSS, 240 CRANDON BLVD 108, KEY BISCAYNE, FL 33149
Signed the 990
GARY GROSS, CHAIR
Phone
(305) 361-2770
Return prepared by
GARCIA SANTA MARIA DE ARMAS TRUJILLO

Mission

THE ORGANIZATION HOLDS FUNDRAISING EVENTS AND OTHERWISE RAISES FUNDS IN ORDER TO MAKE GRANTS THAT BENEFIT THE COMMUNITY. MULTIPLE GRANTS, WERE PAID DURING THE YEAR TO BENEFIT THE COMMUNITY. IN ADDITION, SEVERAL EVENTS SERVED TO EDUCATE MEMBERS OF THE COMMUNITY ABOUT SERVICES AND BENEFITS AVAILABLE IN THE COMMUNITY.

990 for the year ended December 31, 2024

Program accomplishments

  • OUR MISSION IS TO ENABLE, FACILITATE, AND EMPOWER RESIDENTS TO MAKE A POSITIVE DIFFERENCE IN THE LOCAL AND GREATER COMMUNITIES THROUGH PROGRAMS, GRANT MAKING, FISCAL SPONSORSHIP, AND COMMUNITY LEADERSHIP. THE KEY BISCAYNE COMMUNITY FOUNDATION ALSO OFFERS GRANTS TO SUPPORT CHARITABLE ORGANIZATIONS ON AND OFF THE ISLAND. WE BELIEVE THAT WE ARE A COMMUNITY WITHIN A COMMUNITY, SO THE FOUNDATION LOOKS TO IMPROVE THE QUALITY OF LIFE FOR BOTH THE RESIDENTS OF KEY BISCAYNE AND GREATER MIAMI- DADE COUNTY. THE KEY BISCAYNE COMMUNITY FOUNDATION PARTNERS WITH LOCAL ORGANIZATIONS TO FACILITATE CHANGE, BUILD COMMUNITY SUPPORT, AND CREATE LONG-TERM SUSTAINABILITY FOR FAMILIES AND COMMUNITIES IN NEED. THESE GOALS ARE REACHED THROUGH A COLLECTIVE IMPACT APPROACH AND THROUGH OTHER FORMS OF COLLABORATION.
    Expenses $4,720,473 · grants $1,261,000

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
30-0239421
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2004
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$20,637,046
Income (IRS master file)
$12,050,019

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$11,933,438$5,166,691$20,637,046IRS
990December 2023$3,867,267$4,157,925$12,662,396XML
990December 2022$5,609,875$4,067,415$11,651,499IRS
990December 2021–––IRS
990December 2020–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 30-0239421).

Questions about KEY BISCAYNE COMMUNITY FOUNDATION INC

What is the EIN of KEY BISCAYNE COMMUNITY FOUNDATION INC?
The employer identification number (EIN) of KEY BISCAYNE COMMUNITY FOUNDATION INC is 30-0239421.
Is KEY BISCAYNE COMMUNITY FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2004.
Are donations to KEY BISCAYNE COMMUNITY FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does KEY BISCAYNE COMMUNITY FOUNDATION INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of KEY BISCAYNE COMMUNITY FOUNDATION INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did KEY BISCAYNE COMMUNITY FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of KEY BISCAYNE COMMUNITY FOUNDATION INC?
The 990 for the year ended December 31, 2024 names GARY GROSS.
Who are the officers and directors of KEY BISCAYNE COMMUNITY FOUNDATION INC?
The 990 for the year ended December 31, 2024 lists 12 people; 1 received compensation from the organization, the highest $179,792 (MELISSA MCCAUGHAN WHITE, EXECUTIVE DI).
How much revenue does KEY BISCAYNE COMMUNITY FOUNDATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $11,933,438, expenses of $5,166,691 and total assets of $20,637,046 at year end.

Other nonprofits in KEY BISCAYNE

All nonprofits in KEY BISCAYNE · Florida · Philanthropy, voluntarism and grantmaking foundations