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Financials and Accountability

Generous giving and prudent investing have grown your community foundation to $313 million, and provided for $369 million in total grants since our beginning. We understand and take seriously our responsibility to carefully manage and invest these assets to meet your philanthropic goals now and permanently into the future.

 

 
 

The financials summarized below have been audited. The complete audited financial statements and copies of the Foundation’s IRS Form 990, Return of Organization Exempt From Income Tax, are available below or through Guidestar. Form 990-T, Exempt Organization Business Income Tax Return, is also available upon request from the Foundation.

Summary Statements of Financial Position as of December 31, 2015 and 2014 (audited)

Assets
2015
2014
Cash and cash equivalents
$64,692,318
$40,936,131
Pooled investments
219,967,071
238,330,784
Other assets
27,991,737
34,141,498
Total Assets
$312,651,126
$313,408,413
Liabilities & Net Assets
Current liabilities
$33,421,733
$33,464,063
Foundation net assets
279,229,393
279,944,350
Total Liabilities & Net Assets
$312,651,126
$313,408,413

Summary Statements of Activities for the years ended December 31, 2015 and 2014 (audited)

Revenue & Support
2015
2014
Gifts received
$44,316,375
$48,295,125
Net investment returns
(5,482,142)
9,828,010
Other
(266,715)
781,225
Total Revenue & Support
38,567,518
58,905,360
Grants & Expenses
Grants awarded and programs
36,761,474
50,915,212
Support services
2,515,378
2,329,404
Other
5,623
8,647
Total Grants & Expenses
39,282,475
53,253,263

Change in Net Assets
(714,957)
5,652,097
Net Assets, Beginning of Year
279,944,350
274,292,253
Net Assets, End of Year
$279,229,393
$279,944,350

Foundation Financial and Corporate Documents

All documents are PDFs.

Foundation Policies

All documents are PDFs, except last bullet.

Contact Information

245 Riverside Avenue, Suite 310
Jacksonville, FL 32202
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The Community Foundation for Northeast Florida

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