EIN 65-0648968

Community Foundation of the Florida Keys (CFFK)

IRS 501(c) type
501(c)(3)
Num. employees
3
City
Key West
State
Year formed
1996
Most recent tax filings
2022-12-01
NTEE code, primary
Description
The Community Foundation of the Florida Keys was created in 1996 to help make paradise more so, to support and enhance the quality of life here, in every possible way.
Also known as...
CFFK
Total revenues
$-626,007
2022
Total expenses
$2,960,673
2022
Total assets
$24,430,646
2022
Num. employees
3
2022

Program areas at CFFK

Philanthropic services - the Community Foundation is deeply committed to enhancing the quality of life in monroe county, Florida, both now and for generations to come. Through fostering philanthropy, it actively connects acts of compassion to the specific needs of the Community. Collaborating closely with individuals, the Foundation helps shape philanthropic plans to bolster nonprofit programs across the Florida Keys. A total of 451 grants made in 2022 provided support for diverse causes, including animal welfare, arts and culture, education, environmental preservation, health and human services, housing, music, recreation, scholarships, teacher awards and youth programs. the majority of these 2.3 million in grants stemmed from the thoughtful recommendations of donor advisors and not-for-profit entities. the Foundation empowers nonprofit organizations by assisting them in establishing endowments and operational reserve funds. In the year 2022 alone, 28 new funds were opened, 23 of which are non-profit endowments augmented by a matching program made possible by the estate of peter macdougall.
Unmet Community needs - ever-vigilant to the pressing needs of the Community, the Community Foundation consistently identifies and addresses unmet gaps in partnership with other organizations and compassionate individuals. Responding swiftly to the devastation caused by hurricane ian in september 2022, the Foundation within days granted 7,500 each to the Florida Keys outreach coalition for its loaves & fishes food pantry and the key west housing authority to support low-income housing residents with essential food and supplies. the Foundation continues to sustain regional advisory councils in the upper, middle, and lower Keys, which play a vital role in identifying and responding to unique challenges in these respective areas. the Foundation facilitated a 1:1 matching program throughout 2022, effectively multiplying the impact of donors' contributions to the upper Keys future fund, middle Keys future fund, and lower Keys future fund. A total of 46,000 in grants were invested in the Community through these three regional funds. Notably, the Community Foundation also assumed the role of fiscal agent for the key west bicentennial celebration, successfully commemorated on march 25, 2022.
Center for nonprofit excellence - empowering the Florida Keys' nonprofit organizations, the Community Foundation offers an array of invaluable resources and services aimed at fostering strong leadership and effective management. At the heart of this effort lies the annual leadership success academy, a crucial program dedicated to equipping nonprofit board members with essential leadership and governance skills. In 2022, the 15th edition of this transformative training took place for the first time in the upper Florida Keys, marking a milestone in its enduring success. A true beacon of recognition for local volunteers, the Community Foundation has been hosting the esteemed unsung heroes celebration for 22 years now, with 80 inspiring nonprofits participating in the 2022 event. the commitment to promoting volunteerism further took shape with the august 2022 launch of the Florida Keys volunteer center-a dedicated online platform, volunteerkeys.com, ingeniously connecting passionate volunteers with meaningful nonprofit opportunities. It was an immense honor when the federal government entrusted the Community Foundation with two full-time americorps vista employees to spearhead outreach and marketing for the volunteer center.

Who funds Community Foundation of the Florida Keys (CFFK)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$52,000
The Clements Family Charitable TrustGeneral Funding$27,500
The Community Foundation for Greater AtlantaPhilanthropy/voluntarism$25,000
...and 5 more grants received

Personnel at CFFK

NameTitleCompensation
Jennifer McCombPresident and Chief Executive Officer$146,282
Lainie Plotnik, CPAChief Financial Officer
Elizabeth BrownVice President of Philanthropy
Kevin BowesDirector of Philanthropic Services
Greg CharlestonCommunications Manager
...and 11 more key personnel

Financials for CFFK

RevenuesFYE 12/2022
Total grants, contributions, etc.$3,729,804
Program services$323,501
Investment income and dividends$1,001,057
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$-5,680,369
Total revenues$-626,007

Form 990s for CFFK

Fiscal year endingDate received by IRSFormPDF link
2022-122023-10-18990View PDF
2021-122022-05-18990View PDF
2020-122021-06-15990View PDF
2019-122021-02-19990View PDF
2018-122019-10-31990View PDF
...and 11 more Form 990s
Data update history
June 20, 2023
Updated personnel
Identified 6 new personnel
June 14, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 12, 2023
Received grants
Identified 6 new grant, including a grant for $27,500 from The Clements Family Charitable Trust
May 11, 2023
Received grants
Identified 2 new grant, including a grant for $129,886 from HFK Care Corporation
May 6, 2023
Updated personnel
Identified 1 new personnel
Nonprofit Types
Grantmaking organizationsCommunity foundationsCharities
Issues
Community improvement
Characteristics
Operates donor advised fundsProvides grantsState / local levelEndowed supportProvides scholarshipsTax deductible donations
General information
Address
300 Southard St Suite 201
Key West, FL 33040
County
Monroe County, FL
Website URL
cffk.org/ 
Phone
(305) 292-1502
Facebook page
cffkkw 
Twitter profile
@cffkflakeys 
IRS details
EIN
65-0648968
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1996
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T31: Community Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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