Foundcare Foundation Inc
Overview
Mission
Fund Raising and/or Fund Distribution
Operating model
- Revenue model
- Donor-supported. 100% of the foundation's positive operating resources came from contributions.
- Distribution model
- No current program activity. The filing reports no charitable disbursements for the current year.
Nonprofit profile at a glance
- EIN
- 922477490
- IRS 990-PF coverage
- 2023–2024
- Forms available
- Form 990-PF 2024
- Headquarters
- West Palm Beach, FL, USA
- Phone
- 5614729160
- Rating
- 20
- Verdict
- REVIEW
- Rating confidence
- Moderate
- Sector
- Fund Raising and/or Fund Distribution
The verdict
REVIEW - The filed numbers largely add up. A relatively small share of available resources goes to charitable grants and a relatively small share of spending goes to grants.
Rating breakdown
- Grant Deployment: 0
- Cost Efficiency: 0
- Transparency: 0
- Compliance: 100
- Endowment Health: NotEnoughData
Detailed rating inputs
Grant Deployment
- Grant deployment ratio: 0%; rating input score 0; 1st percentile among comparable filings
Cost Efficiency
- Grant expense ratio: 0%; rating input score 0; 4th percentile among comparable filings
Transparency
- Grant recipient disclosure: Scored; rating input score 0
Compliance
- Part VII-B activity disclosures: 19 of 19 controls in place; rating input score 100
- Property sale or exchange with a disqualified person: Pass
- Borrowing from or lending to a disqualified person: Pass
- Goods, services, or facilities involving a disqualified person: Pass
- Compensation paid to a disqualified person: Pass
- Assets transferred to a disqualified person: Pass
- Payment to a government official: Pass
- Uncorrected prior self-dealing: Pass
- Prior-year undistributed income: Pass
- Excess business holdings: Pass
- Investments that may jeopardize charitable purposes: Pass
- Uncorrected prior-year jeopardizing investments: Pass
- Attempt to influence legislation: Pass
- Attempt to influence an election: Pass
- Grants to individuals: Pass
- Grants to organizations: Pass
- Spending for a noncharitable purpose: Pass
- Funds received for a personal-benefit contract: Pass
- Premiums paid on a personal-benefit contract: Pass
- Prohibited tax-shelter transaction: Pass
- Filing consistency checks: 10; rating input score 100
Endowment Health
- Endowment-health comparison: Limited
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Payout: 0% grant deployment rate
- Trustees: Filed trustees detail
- Self-dealing: 100% of reviewed questions answered “No”
- Investments: Filed investments detail
- Consistency: 10 of 10 current checks pass
- Schedules: 1 filed schedules
- Filing history: 2 annual filings from 2023 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.