THE MIAMI FOUNDATION INC

MIAMI, FL, 33128-1839 (305) 371-2711 Est. 1967 EIN 65-0350357
T30Z— Philanthropy & Grantmaking Form 990 501(c)(3)
WWW.MIAMIFOUNDATION.ORG

Mission

TO CREATE A GREATER MIAMI WHERE EVERYONE CAN THRIVE BY ACCELERATING GENEROSITY, LEADERSHIP, AND COMMUNITY ENGAGEMENT. THE MIAMI FOUNDATION SERVES AS A PHILANTHROPIC AND COMMUNITY BACKBONE FOR GREATER MIAMI, BRINGING TOGETHER DONORS, NONPROFITS, LEADERS, AND LOCALS TO WORK TOGETHER ON SOLUTIONS FOR OUR COMMUNITY. ESTABLISHED IN 1967, THE MIAMI FOUNDATION, FORMERLY THE DADE COMMUNITY FOUNDATION, HAS INVESTED HUNDREDS OF MILLIONS OF PHILANTHROPIC DOLLARS TO STRENGTHEN OUR COMMUNITY, AND HAS PLAYED A CRITICAL LEADERSHIP ROLE IN MOBILIZING THE REGION TO WORK COLLABORATIVELY TO ADDRESS CRITICAL ISSUES, FROM CLIMATE RESILIENCE TO EDUCATIONAL EQUITY.

Giving Portfolio

Total Grants
6,538
Total Giving
$441.1M
Recipients
6,068
Years Active
2018 - 2024
Avg grant: $67,031 Median: $20,765

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
20241051$117.0M $111K346692
2023879$57.2M $65K204649
2022900$55.4M $62K241590
2021817$51.2M $63K215533
20201237$63.2M $51K538533
2019805$48.8M $61K317424
2018849$48.3M $57K7860

Sectors Funded

Arts, Culture & Humanities
1510
Education
981
Human Services
447
Health Care
226
Environment
223
Community Improvement
222
Philanthropy & Grantmaking
219
Youth Development
189
and 18 more sectors

Top States

Florida
3384
New York
492
California
318
Michigan
228
District of Columbia
184
Ohio
172
Massachusetts
168
Pennsylvania
142
and 43 more states

Grantee Size Profile

$1M - $5M
1374
$100K - $500K
924
Over $50M
820
$10M - $50M
762
$500K - $1M
600
$5M - $10M
501
Under $100K
308

Top Grantees

Page 1 of 3

Grants Awarded · 5724 grants

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Financials

Total Revenue
$138,599,550
Total Expenses
$144,466,149
Net Assets
$494,165,283
65 employees 25 volunteers
From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve
3.4 years Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 3.8%
Expenses ↑ 82.8%
Revenue Sources
Contributions 73.3% Earned revenue 1.6% Investment 24.8%
Expense Breakdown
Program 95.3% Management 3.5% Fundraising 1.1%

Officers & Trustees (32)

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Filing History (7 filings)

YearRevenueExpensesNet Assets
2024 Form 990
Jan 1, 2024 to Dec 31, 2024
$138,599,550 $144,466,149$494,165,283
2023 Form 990
Jan 1, 2023 to Dec 31, 2023
$133,524,071 $79,026,991$489,436,930
2022 Form 990
Jan 1, 2022 to Dec 31, 2022
$113,981,496 $81,136,698$398,533,564
2021 Form 990
Jan 1, 2021 to Dec 31, 2021
$147,324,669 $70,287,015$423,623,516
2020 Form 990
Jan 1, 2020 to Dec 31, 2020
$73,742,948 $83,051,681$339,226,634
2019 Form 990
Jan 1, 2019 to Dec 31, 2019
$71,214,256 $68,006,929$324,879,019
2018 Form 990
Jan 1, 2018 to Dec 31, 2018
$80,485,028 $67,556,703$291,098,552

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EIN: 65-0350357 · Source: IRS Form 990 e-file data