Lennar Foundation

Nonprofit profile at a glance

EIN
650171539
IRS 990-PF coverage
2019–2023
Forms available
Form 990-PF 2023, Form 990-T 2023
Location
Miami, FL, USA
Phone
3052296400
Rating
88
Verdict
STRONG
Rating confidence
Standard

Reported finances

Revenue
$78,320,028
Expenses
$39,090,167

Source: IRS Form 990-PF. Selected filing: tax year 2023. Amounts in USD.

Overview

Mission

Lennar Foundation is a nonprofit. Location: Miami, FL. EIN 650171539. Tax year 2023 Form 990-PF reports $78.3M revenue and $39.1M expenses.

What it reported funding in 2023

The foundation reported 174 grants totaling $37,685,959. The stated grant purposes included acts mission is to protect, support, educate and empower victims of domestic violence and their children, survivors of sexual assault and human trafficking in lee, hendry, and glades counties. acts external vision is to develop a community where all individuals are safe, respected and valued; where any form of violence is unacceptable and for all individuals in our community have access to resources that teach and support a fear-free environment., to elevate the fundraising profession, provide educational programming, and promote ethical and professional practices in philanthropy., and to improve the lives of people with cancer and their families through advocacy, research, and patient support, ensuring everyone has an opportunity to prevent, detect, treat, and survive cancer., plus 169 other reported purposes.

Operating model

Revenue model
Donor-supported. 94% of the foundation's positive operating resources came from contributions.
Distribution model
Grant intermediary. The foundation distributed 98% of its reported charitable disbursements as grants.
  • Includes asset-sale income: Asset-sale income is shown separately from recurring resources when classifying the revenue model.

The verdict

STRONG - A large share of available resources goes to charitable grants and the filing identifies who received its grants. Assets provide a limited cushion relative to annual grants and the filing reports one or more activities that warrant closer review.

Rating breakdown

  • Grant Deployment: 100
  • Cost Efficiency: 96
  • Transparency: 100
  • Compliance: 94
  • Endowment Health: 5

Detailed rating inputs

Grant Deployment

  • Grant deployment ratio: 100%; rating input score 100; 92nd percentile among comparable filings

Cost Efficiency

  • Grant expense ratio: 96.4%; rating input score 96; 91st percentile among comparable filings

Transparency

  • Grant recipient disclosure: Yes; rating input score 100

Compliance

  • Part VII-B activity disclosures: 17 of 19 controls in place; rating input score 89
    • 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: Fail
    • Compensation paid to a disqualified person: Fail
    • 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: 4.58; rating input score 5; 5th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Grants: 100% of grant recipient detail disclosed
  • Payout: At least 100% grant deployment rate
  • Trustees: Filed trustees detail
  • Self-dealing: 100% of reviewed questions answered “No”
  • Investments: 5th percentile for endowment coverage
  • Consistency: 10 of 10 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 4 filing years from 2019 to 2023
  • Contacts: How to reach this organization
  • Money network: 177 filed money-flow records
  • 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.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Endowment Health: Endowment-health comparison scored 5/100.
  • Review — Compliance: Part VII-B activity disclosures: 2 of 19 not reported.