EIN 59-2834504

Miami Bayside Foundation

IRS 501(c) type
501(c)(3)
Num. employees
9
City
State
Year formed
1986
Most recent tax filings
2023-12-01
Description
The Miami Bayside Foundation advances the economic development of South Florida through providing scholarships for minority students and grants to educational programs for minority children in the city of Miami. They offer technical assistance programs for minority- and women-owned businesses in Miami-Dade, Broward, and Monroe counties.
Total revenues
$2,311,864
2023
Total expenses
$1,618,613
2023
Total assets
$11,460,074
2023
Num. employees
9
2023

Program areas at Miami Bayside Foundation

Loan program for minority- and women-owned businesses in miami-dade, broward, and monroe counties. In 2023, thirty-nine loans were funded in the amount of 2,641,500. Scholarships for minority students in the city of Miami and grants to educational programs for minority children and youth in the city of Miami. In 2023, 162,100 was awarded in grants to organizations and 333,315 in direct scholarships to students as well as more than 75,000 in scholarships through other programs at colleges and universities. Technical assistance programs for minority- and women-owned businesses in miami-dade, broward, and monroe counties. In 2023, held 186 hours of technical assistance programming, graduating 214 women- and minority- business owners.
Technical assistance programs for minority- and women-owned businesses in miami-dade, broward, and monroe counties.
Scholarships for minority students in the city of Miami and grants to educational programs for minority children in the city of Miami.
Administration of all program services and accomplishments.

Grants made by Miami Bayside Foundation

GranteeGrant descriptionAmount
St Alban's Day NurserySummer School Progra$35,000
Breakthrough MiamiGeneral Programmatic$30,000
The Education FundSmart Path To Colleg$25,000
...and 2 more grants made

Who funds Miami Bayside Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Local Initiatives Support CorporationSee Part Iv$250,000
Goldsmith Family FoundationCharitable Contribution$2,000

Personnel at Miami Bayside Foundation

NameTitleCompensation
Kathleen MurphyExecutive Director$190,000
Alan AlvarezEducational Programs Director
Jennifer AdelsonManager of Operations and Administration
Francy RuedaSenior Loan Program Manager

Financials for Miami Bayside Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$2,054,053
Program services$146,691
Investment income and dividends$55,437
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$55,683
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$2,311,864

Form 990s for Miami Bayside Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-08-19990View PDF
2022-122023-08-22990View PDF
2021-122022-06-06990View PDF
2020-122021-08-11990View PDF
2019-122021-02-17990View PDF
...and 14 more Form 990s
Data update history
October 23, 2024
Updated personnel
Identified 4 new personnel
September 25, 2024
Posted financials
Added Form 990 for fiscal year 2023
September 22, 2024
Used new vendors
Identified 1 new vendor, including
October 1, 2023
Updated personnel
Identified 1 new personnel
September 30, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Grantmaking organizationsBusiness and community development organizationsCharities
Issues
EducationBusiness and industry
Characteristics
State / local levelReceives government fundingProvides scholarshipsTax deductible donationsAccepts online donations
General information
Address
25 Se 2nd St Suite 240
Miami, FL 33131
Metro area
Miami-Fort Lauderdale-Pompano Beach, FL
County
Miami-Dade County, FL
Website URL
miamibaysidefoundation.org/ 
Phone
(305) 379-7070
IRS details
EIN
59-2834504
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1986
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S43: Management Services for Small Business, Entrepreneurs
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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