PLATINUM2023

Community Foundation for Brevard, Inc.

aka CFB   |   Melbourne, FL   |  www.cfbrevard.org

Mission

Community Foundation for Brevard serves as a leader, catalyst and trusted resource for philanthropic individuals and organizations to expand, enhance and sustain Brevard’s quality of life.

Ruling year info

1981

President & CEO

Theresa Grimison

Main address

1361 Bedford Dr Suite 102

Melbourne, FL 32940 USA

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EIN

59-2114988

NTEE code info

Community Foundations (T31)

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

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Communication

Programs and results

What we aim to solve

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Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Lifting community through organized philanthropy

The Community Foundation for Brevard creates customized philanthropic strategies for generous and visionary people to realize their intentions, increasing the health and vitality of our world so all can participate and prosper. We believe:
o Organized philanthropy is a powerful tool for creating and sustaining societal benefit.
o Effective philanthropy must operate with the highest degree of stewardship and accountability.
o Our community is strengthened when we come together for collective action.
o Philanthropy can empower a community and our changing society by including in its work a range of perspectives, opinions, and experiences.

Population(s) Served
Adults
Children and youth
People with disabilities
Economically disadvantaged people
Veterans

To inspire and maximize the impact of philanthropy, the Community Foundation facilitates programs providing philanthropists, donors, and community members with the tools and information they need to make informed, strategic giving decisions. Among the many opportunities offered by the Community Foundation are a number of networking and educational events connecting stakeholders with social benefit organizations (nonprofits), providing connection with critical initiatives, and deepening understanding of the independent sector ecosystem. knowledge of donors with charities and provides knowledge of community issues.

Population(s) Served
Adults
Children and youth
People with disabilities
Economically disadvantaged people
Veterans

The Community Foundation for Brevard helps raise the level of philanthropic investing in Brevard County, Florida communities and even beyond. We offer a variety of giving tools to help individuals, families, and entities achieve their financial and charitable goals and we inform and engage philanthropists in critical community needs and more.

Population(s) Served
Adults
Children and youth
People with disabilities
Economically disadvantaged people
Veterans

Strengthening the social benefit, independent (nonprofit) sector through grantmaking and other professional services is critical to our mission of building a better community for all. The Community Foundation for Brevard helps social benefit organizations carry out their important work by awarding grants, forging partnerships, providing capacity building opportunities, and educating community philanthropists and partners about the critical issues at play and the organizations most aligned with their interests.

Population(s) Served
Adults
Children and youth
People with disabilities
Economically disadvantaged people
Veterans

Attorneys, wealth managers and accountants are often the first people consulted when a person is ready to think about philanthropy. The Community Foundation recognizes that trusted professional advisors are a valuable source of information and counsel on strategies for both lifetime and legacy giving. We help advisors identify the best solutions for clients, from establishing a charitable fund or transferring a private foundation, to providing strategic counsel or back office support, to integrating philanthropy into an estate plan.

Our strong track record, experienced staff and extensive resources make us an ideal partner for gift planning. And our long-term financial and investment history ensures that donors and advisors alike can trust our fiscal stewardship of their charitable visions.

Population(s) Served
Adults
Children and youth
People with disabilities
Economically disadvantaged people
Veterans

Where we work

Our results

SOURCE: Self-reported by organization

How does this organization measure their results? It's a hard question but an important one.

Number of organizations applying for grants

This metric is no longer tracked.
Totals By Year
Type of Metric

Input - describing resources we use

Direction of Success

Increasing

Context Notes

Statistics represent applications for competitive grant programs.

Number of convenings hosted by the organization

This metric is no longer tracked.
Totals By Year
Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Context Notes

Educational and networking seminars/conferences for donors, nonprofits, other grantmaking organizations, and community leaders.

Total dollar amount of grants awarded

This metric is no longer tracked.
Totals By Year
Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Context Notes

Total dollar amount of grants and scholarships awarded in a calendar year from all fund accounts.

Total number of grants awarded

This metric is no longer tracked.
Totals By Year
Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Context Notes

Total number of grants and scholarships awarded in a calendar year.

Goals & Strategy

SOURCE: Self-reported by organization

Learn about the organization's key goals, strategies, capabilities, and progress.

Charting impact

Four powerful questions that require reflection about what really matters - results.

The Community Foundation for Brevard's business is philanthropy. We work to expand and deploy financial capital, primarily through grants to local nonprofit charitable organizations to improve the community. Our strategic priorities will strengthen our capacity to serve our stakeholders and our community. Each priority impacts the next, creating a cycle that advances our mission.

1.) Grow Assets: The greater the asset base, the greater the foundation's operating efficiencies and community influence.

2) Community Leadership: Pursue a civic and philanthropic agenda reflecting the intersection of our donors' interests and Brevard's needs. Improve the effectiveness and build capacity in the nonprofit sector in our community

3.) Grantmaking: Increase the amount of charitable giving in the community through intentional grantmaking.

4) Increase Awareness: Broad-based communications and branding to highlight not only the strategic goals but also day-to-day activities and capabilities as a philanthropic leader among donors and advisors.

5.) Donors & Relationships: Concentrate efforts on cultivating existing and new donors.

1) Educate donors, prospective donors about tax-efficient philanthropic services available at the Foundation

2.) Assist individuals and families with organizing and carrying out their charitable giving, primarily through donor advised funds.

3.)Inspiring our customers to create and leave a charitable legacy, primarily through donor-supported permanent endowment funds.

4.) Aiding financial advisors and attorneys with charitable options that will benefit their clients.

5.) Generating and sharing knowledge about Brevard County's nonprofit sector that can be used by our customers and other stakeholders to practice effective philanthropy.

6.) Work together with community leaders and private foundations to address current and emerging needs.

7.) Provide high quality customer support and services for our fundholders.

8.) Seek competitive returns on investment for our charitable assets.

1.) An engaged, invested, connected and capable Board of Directors.

2.) An experienced staff team dedicated to providing excellent service to our customers and other stakeholders.

3.) A knowledge of the nonprofit sector, and a history of effective grantmaking to local charitable organizations.

4.) A reputation as a trusted partner to a growing network of local professional advisors.

5.) A sound financial position and operating structure positioned for growth.

Together we have helped individuals, families and businesses contribute nearly $27.2M to make positive change in our communities. In 2022, the Community Foundation for Brevard awarded 252 grants and scholarships totaling over $4.4M to local programs and institutions.

We have hosted successful convenings, educational, capacity building and donor engagement events.

According to the recent report, Transfer of Wealth in Brevard County, in the next 10 years $33 billion will transfer from one generation to the next among Brevard County households. The Community Foundation believes that we can encourage a community of donors to contribute five percent of this amount to long term endowment funds to benefit local charitable organizations. If we are successful in this effort, the annual payout would be nearly $93 million, and the result of this effort would support forever the good work of our community's most effective charitable organizations.

We plan on continuing to inspire individuals, families, and businesses to work together to make measurable positive changes through philanthropy through multifaceted outreach and education.

How we listen

SOURCE: Self-reported by organization

Seeking feedback from people served makes programs more responsive and effective. Here’s how this organization is listening.

done We shared information about our current feedback practices.
  • How is your organization using feedback from the people you serve?

    To identify and remedy poor client service experiences, To identify bright spots and enhance positive service experiences, To make fundamental changes to our programs and/or operations, To inform the development of new programs/projects, To identify where we are less inclusive or equitable across demographic groups, To strengthen relationships with the people we serve, To understand people's needs and how we can help them achieve their goals

  • Which of the following feedback practices does your organization routinely carry out?

    We collect feedback from the people we serve at least annually, We aim to collect feedback from as many people we serve as possible, We take steps to ensure people feel comfortable being honest with us, We engage the people who provide feedback in looking for ways we can improve in response, We act on the feedback we receive

  • What challenges does the organization face when collecting feedback?

    It is difficult to get the people we serve to respond to requests for feedback

Financials

Community Foundation for Brevard, Inc.
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Operations

The people, governance practices, and partners that make the organization tick.

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Connect with nonprofit leaders

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lock

Connect with nonprofit leaders

Subscribe

Build relationships with key people who manage and lead nonprofit organizations with GuideStar Pro. Try a low commitment monthly plan today.

  • Analyze a variety of pre-calculated financial metrics
  • Access beautifully interactive analysis and comparison tools
  • Compare nonprofit financials to similar organizations

Want to see how you can enhance your nonprofit research and unlock more insights? Learn More about GuideStar Pro.

Community Foundation for Brevard, Inc.

Board of directors
as of 12/12/2023
SOURCE: Self-reported by organization
Board chair

Amanda Smith

Amanda Smith

Robert Naberhaus

Elizabeth Shorr

James Suplee

Myles Wilkinson

Laura Chiesman

Keri Donald

Kit Fisher

Robin Fisher

Shirley Friedland

Jennifer Griffin

Doug Holton

Anne McPhee

Scott Sorensen

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

  • Board orientation and education
    Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Yes
  • CEO oversight
    Has the board conducted a formal, written assessment of the chief executive within the past year ? Yes
  • Ethics and transparency
    Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes
  • Board composition
    Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes
  • Board performance
    Has the board conducted a formal, written self-assessment of its performance within the past three years? Yes

Organizational demographics

SOURCE: Self-reported; last updated 12/12/2023

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Race & ethnicity
White/Caucasian/European
Gender identity
Female, Not transgender
Sexual orientation
Heterosexual or Straight
Disability status
Person without a disability

Race & ethnicity

Gender identity

Transgender Identity

Sexual orientation

No data

Disability

No data

Equity strategies

Last updated: 12/16/2022

GuideStar partnered with Equity in the Center - an organization that works to shift mindsets, practices, and systems to increase racial equity - to create this section. Learn more

Data
  • We review compensation data across the organization (and by staff levels) to identify disparities by race.
  • We ask team members to identify racial disparities in their programs and / or portfolios.
  • We analyze disaggregated data and root causes of race disparities that impact the organization's programs, portfolios, and the populations served.
  • We disaggregate data to adjust programming goals to keep pace with changing needs of the communities we support.
  • We employ non-traditional ways of gathering feedback on programs and trainings, which may include interviews, roundtables, and external reviews with/by community stakeholders.
Policies and processes
  • We have a promotion process that anticipates and mitigates implicit and explicit biases about people of color serving in leadership positions.
  • We seek individuals from various race backgrounds for board and executive director/CEO positions within our organization.
  • We have community representation at the board level, either on the board itself or through a community advisory board.
  • We help senior leadership understand how to be inclusive leaders with learning approaches that emphasize reflection, iteration, and adaptability.
  • We engage everyone, from the board to staff levels of the organization, in race equity work and ensure that individuals understand their roles in creating culture such that one’s race identity has no influence on how they fare within the organization.