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Nonprofit · EIN 59-2114988

COMMUNITY FOUNDATION FOR BREVARD INC

Tax-exempt · MELBOURNE, FL 32940

Financials

$13.2M$5.1M2022$4.6M$3.7M2023$13.2M$4.1M2024
Revenue Expenses · by fiscal year end
Financials of COMMUNITY FOUNDATION FOR BREVARD INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$13,213,253$4,068,772$9,144,481$51,808,614$3,872,303$47,936,311
December 31, 2023990$4,611,989$3,717,825$894,164$39,653,584$2,753,054$36,900,530
December 31, 2022990$13,189,759$5,088,609$8,101,150$34,989,677$2,335,934$32,653,743
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$11,305,571
Program service revenue
$28,389
Investment income
$1,878,923
Net gain from sales of assets
$601,854
Other revenue
$370

Expenses

Grants and similar amounts paid
$3,229,390
Compensation of officers, directors and key employees
$201,252
Other salaries and wages
$257,252
Salaries, compensation and benefits (total)
$520,419
Professional fundraising fees
$0
Legal fees
$2,417
Accounting fees
$17,519
Occupancy
$25,166
Depreciation
$723
Program services (functional)
$3,940,084
Management and general (functional)
$128,688

Balance sheet and other

Total assets, start of year
$39,653,584
Total assets, end of year
$51,808,614
Total liabilities, end of year
$3,872,303
Net assets, end of year
$47,936,311
Publicly traded securities
$51,315,056
Net assets without donor restrictions
$47,906,439
Net assets with donor restrictions
$29,872
Gross receipts
$18,939,555
Employees
6
Volunteers
84
Year formed
1981
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 / weekCompensationOther / benefits
THERESA GRIMISONPRESIDENT/CE
Officer
50$201,250$9,013
ELIZABETH O SHORRCHAIR
Trustee or director, Officer
2$0$0
MYLES H WILKINSONVICE CHAIR
Trustee or director, Officer
1$0$0
JENNIFER GRIFFINTREASURER
Trustee or director, Officer
1$0$0
ANNE J MCPHEESECRETARY
Trustee or director, Officer
1$0$0
AMANDA G SMITHPAST CHAIR
Trustee or director, Officer
1$0$0
LAURA CHIESMANDIRECTOR
Trustee or director
1$0$0
KERI K DONALDDIRECTOR
Trustee or director
1$0$0
KIT FISHERDIRECTOR
Trustee or director
1$0$0
ROBIN L FISHERDIRECTOR
Trustee or director
1$0$0
SHIRLEY FRIEDLANDDIRECTOR
Trustee or director
1$0$0
DOUGLAS G HOLTONDIRECTOR
Trustee or director
1$0$0
ROBERT J NABERHAUS IIIDIRECTOR
Trustee or director
1$0$0
KELLI PECKDIRECTOR
Trustee or director
1$0$0
GINA RALLDIRECTOR
Trustee or director
1$0$0
3 more people on this return
NameTitleHours / weekCompensation
JAMES F SUPLEEDIRECTOR
Trustee or director
1$0
SCOTT SORENSENDIRECTOR
Trustee or director
1$0
JAMARA WILSON HARVINDIRECTOR
Trustee or director
1$0
990 for the year ended December 31, 2023: 16 people
NameTitleHours / weekCompensationOther / benefits
THERESA GRIMISONPRESIDENT/CE
Key employee
–$178,250$5,348
LAURA CHIESMANDIRECTOR
Trustee or director
–$0$0
KERI K DONALDDIRECTOR
Trustee or director
–$0$0
KIT FISHERDIRECTOR
Trustee or director
–$0$0
ROBIN L FISHERDIRECTOR
Trustee or director
–$0$0
SHIRLEY FRIEDLANDDIRECTOR
Trustee or director
–$0$0
JENNIFER GRIFFINTREASURER
Trustee or director, Officer
–$0$0
DOUG G HOLTONDIRECTOR
Trustee or director
–$0$0
ROBERT J NABERHAUS IIIPAST CHAIR
Trustee or director, Officer
–$0$0
ANNE J MCPHEEDIRECTOR
Trustee or director
–$0$0
KELLI PECKDIRECTOR
Trustee or director
–$0$0
ELIZABETH O SHORRSECRETARY
Trustee or director, Officer
–$0$0
JAMES F SUPLEEDIRECTOR
Trustee or director
–$0$0
AMANDA G SMITHCHAIR
Trustee or director, Officer
–$0$0
SCOTT SORENSENDIRECTOR
Trustee or director
–$0$0
MYLES H WILKINSONVICE CHAIR
Trustee or director
–$0$0
990 for the year ended December 31, 2022: 16 people
NameTitleHours / weekCompensationOther / benefits
THERESA GRIMISONPRESIDENT/CE
Key employee
–$165,000$4,950
LAURA CHIESMANDIRECTOR
Trustee or director
–$0$0
KERI K DONALDDIRECTOR
Trustee or director
–$0$0
KIT FISHERDIRECTOR
Trustee or director
–$0$0
ROBIN L FISHERDIRECTOR
Trustee or director
–$0$0
SHIRLEY FRIEDLANDDIRECTOR
Trustee or director
–$0$0
JENNIFER GRIFFINTREASURER
Trustee or director, Officer
–$0$0
DOUG G HOLTONDIRECTOR
Trustee or director
–$0$0
ROBERT J NABERHAUS IIIPAST CHAIR
Trustee or director, Officer
–$0$0
ANNE J MCPHEEDIRECTOR
Trustee or director
–$0$0
KELLI PECKDIRECTOR
Trustee or director
–$0$0
ELIZABETH O SHORRSECRETARY
Trustee or director, Officer
–$0$0
AMANDA G SMITHCHAIR
Trustee or director, Officer
–$0$0
JAMES F SUPLEEDIRECTOR
Trustee or director
–$0$0
SCOTT SORENSENDIRECTOR
Trustee or director
–$0$0
MYLES H WILKINSONVICE CHAIR
Trustee or director, Officer
–$0$0

Address and contacts

Address (IRS master file)
1361 BEDFORD DR STE 102, MELBOURNE, FL 32940-1984
Principal officer (990 for 2024)
THERESA GRIMISON, 1361 BEDFORD DRIVE, MELBOURNE, FL 32940
Signed the 990
JENNIFER GRIFFIN, TREASURER
Phone
(321) 752-5505
Return prepared by
FLAVIN NOONEY & PERSON

Mission

TO INSPIRE AND SUPPORT POWERFUL, REWARDING PHILANTHROPY AND ENGAGE IN CIVIC LEADERSHIP TO MAKE LOCAL COMMUNITIES STRONGER AND MORE VIBRANT.

990 for the year ended December 31, 2024

Program accomplishments

  • GRANTMAKING: COMMUNITY FOUNDATION FOR BREVARD ADMINISTERS MORE THAN 150 INDIVIDUAL, FAMILY, AND CORPORATE FUNDS, AND MANAGES MULTIPLE COMPETITIVE AND NON-COMPETITIVE GRANT PROGRAMS. BUILT ON ELEMENTS OF A THRIVING COMMUNITY AND GUIDED BY DONOR INTENT, THE GRANTS SUPPORT COMMUNITY NEEDS AND ISSUES LIKE ARTS AND CULTURE, BASIC HUMAN NEEDS, EDUCATION, ECONOMIC OPPORTUNITY, COMMUNITY LEADERSHIP, ENVIRONMENT AND ANIMAL WELFARE, MEDICAL RESEARCH, AND MORE. THE FOUNDATION'S STAFF AND VOLUNTEER ADVISORY COMMITTEES CARRY OUT STRATEGIES AND APPROVE GRANTS AND SCHOLARSHIPS. GRANTS SUPPORT CHARITABLE ENDEAVORS IN NEARLY EVERY TYPE AND SIZE OF NONPROFIT ORGANIZATION; THE MAJORITY ARE LOCATED IN BREVARD COUNTY, BUT GRANTS CAN BE MADE TO ANY US-BASED CHARITY.
    Expenses $3,624,465 · grants $3,229,390
  • ENGAGED PHILANTHROPY: AS PART OF OUR PERSONALIZED SERVICES TO DONORS, WE WORK CLOSELY WITH EVERY DONOR TO CONSULT ON THEIR UNIQUE PHILANTHROPIC NEEDS AND GOALS. OUR PROFESSIONAL STAFF PROVIDES INDIVIDUALIZED SUPPORT IN CREATING STRATEGIC GIVING PLANS, CONNECTING DONORS WITH ORGANIZATIONS AND TRENDS THAT MAY INTEREST THEM, AND ENGAGING FAMILY MEMBERS AND OTHER ADVISORS, AS APPROPRIATE. THE FOUNDATION OFFERS REGULAR EVENTS, TOURS, AND WORKSHOPS ON VARIOUS PHILANTHROPY-RELATED TOPICS.
    Expenses $315,619

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
59-2114988
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
1981
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$51,808,614
Income (IRS master file)
$18,939,555

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$13,213,253$4,068,772$51,808,614XML
990December 2023$4,611,989$3,717,825$39,653,584XML
990December 2022$13,189,759$5,088,609$34,989,677XML
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––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 59-2114988).

Questions about COMMUNITY FOUNDATION FOR BREVARD INC

What is the EIN of COMMUNITY FOUNDATION FOR BREVARD INC?
The employer identification number (EIN) of COMMUNITY FOUNDATION FOR BREVARD INC is 59-2114988.
Is COMMUNITY FOUNDATION FOR BREVARD INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1981.
Are donations to COMMUNITY FOUNDATION FOR BREVARD INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does COMMUNITY FOUNDATION FOR BREVARD 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 COMMUNITY FOUNDATION FOR BREVARD 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 COMMUNITY FOUNDATION FOR BREVARD 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 COMMUNITY FOUNDATION FOR BREVARD INC?
The 990 for the year ended December 31, 2024 names THERESA GRIMISON.
Who are the officers and directors of COMMUNITY FOUNDATION FOR BREVARD INC?
The 990 for the year ended December 31, 2024 lists 18 people; 1 received compensation from the organization, the highest $201,250 (THERESA GRIMISON, PRESIDENT/CE).
How much revenue does COMMUNITY FOUNDATION FOR BREVARD INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $13,213,253, expenses of $4,068,772 and total assets of $51,808,614 at year end.

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