990-2018 Miami Foundation
990-2018 Miami Foundation
990-2018 Miami Foundation
990
OMB No. 1545-0047
Return of Organization Exempt From Income Tax
Form Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except private foundations)
| Do not enter social security numbers on this form as it may be made public.
2018
Department of the Treasury Open to Public
Internal Revenue Service | Go to www.irs.gov/Form990 for instructions and the latest information. Inspection
A For the 2018 calendar year, or tax year beginning and ending
B Check if C Name of organization D Employer identification number
applicable:
† change
Address
THE MIAMI FOUNDATION, INC.
Name
† change Doing business as 65-0350357
Initial
† return Number and street (or P.O. box if mail is not delivered to street address) Room/suite E Telephone number
† Final
return/ 40 NW 3RD STREET 305 305-371-2711
termin-
ated City or town, state or province, country, and ZIP or foreign postal code
G Gross receipts $ 80,485,028.
† Amended
return MIAMI, FL 33128 H(a) Is this a group return
† Applica-
F Name and address of principal officer:
tion JOSEPH A. FERNANDEZ for subordinates? ~~† Yes † X No
SAME AS C ABOVE
pending
H(b) Are all subordinates included?† Yes † No
I Tax-exempt status:† X 501(c)(3) † 501(c) ( ) ß (insert no.) † 4947(a)(1) or† 527 If "No," attach a list. (see instructions)
J Website: | WWW.MIAMIFOUNDATION.ORG H(c) Group exemption number |
X Corporation † Trust † Association † Other |
K Form of organization: † L Year of formation: 1967 M State of legal domicile: FL
Part I Summary
1 Briefly describe the organization's mission or most significant activities: SEE SCHEDULE O
Activities & Governance
2 Check this box | † if the organization discontinued its operations or disposed of more than 25% of its net assets.
3 Number of voting members of the governing body (Part VI, line 1a) ~~~~~~~~~~~~~~~~~~~~ 3 20
4 Number of independent voting members of the governing body (Part VI, line 1b) ~~~~~~~~~~~~~~ 4 20
5 Total number of individuals employed in calendar year 2018 (Part V, line 2a) ~~~~~~~~~~~~~~~~ 5 30
6 Total number of volunteers (estimate if necessary) ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 6 0
7a Total unrelated business revenue from Part VIII, column (C), line 12 ~~~~~~~~~~~~~~~~~~~~ 7a 0.
b Net unrelated business taxable income from Form 990-T, line 38 7b 34,495.
Prior Year Current Year
8 Contributions and grants (Part VIII, line 1h) ~~~~~~~~~~~~~~~~~~~~~ 106,436,266. 61,615,897.
Revenue
9 Program service revenue (Part VIII, line 2g) ~~~~~~~~~~~~~~~~~~~~~ 3,477,839. 243,162.
10 Investment income (Part VIII, column (A), lines 3, 4, and 7d) ~~~~~~~~~~~~~ 12,776,324. 18,625,969.
11 Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e) ~~~~~~~~ 0. 0.
12 Total revenue - add lines 8 through 11 (must equal Part VIII, column (A), line 12) 122,690,429. 80,485,028.
13 Grants and similar amounts paid (Part IX, column (A), lines 1-3) ~~~~~~~~~~~ 48,020,925. 55,476,065.
14 Benefits paid to or for members (Part IX, column (A), line 4) ~~~~~~~~~~~~~ 0. 0.
15 Salaries, other compensation, employee benefits (Part IX, column (A), lines 5-10) ~~~ 2,425,491. 2,905,497.
Expenses
16a Professional fundraising fees (Part IX, column (A), line 11e)~~~~~~~~~~~~~~ 0. 0.
b Total fundraising expenses (Part IX, column (D), line 25) | 1,001,041.
17 Other expenses (Part IX, column (A), lines 11a-11d, 11f-24e) ~~~~~~~~~~~~~ 10,745,362. 9,175,141.
18 Total expenses. Add lines 13-17 (must equal Part IX, column (A), line 25) ~~~~~~~ 61,191,778. 67,556,703.
19 Revenue less expenses. Subtract line 18 from line 12 61,498,651. 12,928,325.
Fund Balances
Net Assets or
2 Did the organization undertake any significant program services during the year which were not listed on the
prior Form 990 or 990-EZ? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ † Yes † X No
If "Yes," describe these new services on Schedule O.
3 Did the organization cease conducting, or make significant changes in how it conducts, any program services?~~~~~~ † Yes † X No
If "Yes," describe these changes on Schedule O.
4 Describe the organization's program service accomplishments for each of its three largest program services, as measured by expenses.
Section 501(c)(3) and 501(c)(4) organizations are required to report the amount of grants and allocations to others, the total expenses, and
revenue, if any, for each program service reported.
4a (Code: ) (Expenses $ 61,096,486. including grants of $ 55,476,065. ) (Revenue $ 243,162. )
THE MIAMI FOUNDATION MAKES GRANTS THAT SUPPORT PROGRAMS THAT FURTHER
OUR COMMUNITY BUILDING MISSION IN THE BROAD FIELDS OF EDUCATION,
HEALTH, HUMAN SERVICES, ARTS AND CULTURE, ENVIRONMENT, AND ECONOMIC AND
COMMUNITY DEVELOPMENT. THE FOUNDATION ALSO MAKES GRANTS IN MORE
SPECIFIC AREAS SUCH AS CHILDREN'S HEALTH AND WELFARE, CHILDREN WITH
CANCER, YOUTH DEVELOPMENT, ABUSED AND NEGLECTED CHILDREN, HOMELESSNESS,
HIV/AIDS, SOCIAL JUSTICE, BLACK AFFAIRS, ALZHEIMER'S, HEART DISEASE,
AND USING ANIMALS TO ENHANCE PEOPLE'S QUALITY OF LIFE.
832005 12-31-18
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Form 990 (2018) THE MIAMI FOUNDATION, INC. 65-0350357 Page 6
Part VI Governance, Management, and Disclosure For each "Yes" response to lines 2 through 7b below, and for a "No" response
to line 8a, 8b, or 10b below, describe the circumstances, processes, or changes in Schedule O. See instructions.
Check if Schedule O contains a response or note to any line in this Part VI X
†
Section A. Governing Body and Management
Yes No
1a Enter the number of voting members of the governing body at the end of the tax year ~~~~~~ 1a 20
If there are material differences in voting rights among members of the governing body, or if the governing
body delegated broad authority to an executive committee or similar committee, explain in Schedule O.
b Enter the number of voting members included in line 1a, above, who are independent ~~~~~~ 1b 20
2 Did any officer, director, trustee, or key employee have a family relationship or a business relationship with any other
officer, director, trustee, or key employee? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 2 X
3 Did the organization delegate control over management duties customarily performed by or under the direct supervision
of officers, directors, or trustees, or key employees to a management company or other person? ~~~~~~~~~~~~~~ 3 X
4 Did the organization make any significant changes to its governing documents since the prior Form 990 was filed? ~~~~~ 4 X
5 Did the organization become aware during the year of a significant diversion of the organization's assets? ~~~~~~~~~ 5 X
6 Did the organization have members or stockholders? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 6 X
7a Did the organization have members, stockholders, or other persons who had the power to elect or appoint one or
more members of the governing body? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 7a X
b Are any governance decisions of the organization reserved to (or subject to approval by) members, stockholders, or
persons other than the governing body? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 7b X
8 Did the organization contemporaneously document the meetings held or written actions undertaken during the year by the following:
a The governing body? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 8a X
b Each committee with authority to act on behalf of the governing body? ~~~~~~~~~~~~~~~~~~~~~~~~~~ 8b X
9 Is there any officer, director, trustee, or key employee listed in Part VII, Section A, who cannot be reached at the
organization's mailing address? If "Yes," provide the names and addresses in Schedule O 9 X
Section B. Policies (This Section B requests information about policies not required by the Internal Revenue Code.)
Yes No
10a Did the organization have local chapters, branches, or affiliates? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 10a X
b If "Yes," did the organization have written policies and procedures governing the activities of such chapters, affiliates,
and branches to ensure their operations are consistent with the organization's exempt purposes? ~~~~~~~~~~~~~ 10b
11a Has the organization provided a complete copy of this Form 990 to all members of its governing body before filing the form? 11a X
b Describe in Schedule O the process, if any, used by the organization to review this Form 990.
12a Did the organization have a written conflict of interest policy? If "No," go to line 13 ~~~~~~~~~~~~~~~~~~~~ 12a X
b Were officers, directors, or trustees, and key employees required to disclose annually interests that could give rise to conflicts? ~~~~~~ 12b X
c Did the organization regularly and consistently monitor and enforce compliance with the policy? If "Yes," describe
in Schedule O how this was done ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 12c X
13 Did the organization have a written whistleblower policy? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 13 X
14 Did the organization have a written document retention and destruction policy? ~~~~~~~~~~~~~~~~~~~~~~ 14 X
15 Did the process for determining compensation of the following persons include a review and approval by independent
persons, comparability data, and contemporaneous substantiation of the deliberation and decision?
a The organization's CEO, Executive Director, or top management official ~~~~~~~~~~~~~~~~~~~~~~~~~~ 15a X
b Other officers or key employees of the organization ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 15b X
If "Yes" to line 15a or 15b, describe the process in Schedule O (see instructions).
16a Did the organization invest in, contribute assets to, or participate in a joint venture or similar arrangement with a
taxable entity during the year? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 16a X
b If "Yes," did the organization follow a written policy or procedure requiring the organization to evaluate its participation
in joint venture arrangements under applicable federal tax law, and take steps to safeguard the organization's
exempt status with respect to such arrangements? 16b
Section C. Disclosure
17 List the states with which a copy of this Form 990 is required to be filed JFL
18 Section 6104 requires an organization to make its Forms 1023 (1024 or 1024-A if applicable), 990, and 990-T (Section 501(c)(3)s only) available
for public inspection. Indicate how you made these available. Check all that apply.
† X Own website † Another's website †X Upon request † Other (explain in Schedule O)
19 Describe in Schedule O whether (and if so, how) the organization made its governing documents, conflict of interest policy, and financial
statements available to the public during the tax year.
20 State the name, address, and telephone number of the person who possesses the organization's books and records |
GLORIA ORTEGA REX - 305-371-2711
40 NW 3RD STREET SUITE 305, MIAMI, FL 33128
832006 12-31-18 Form 990 (2018)
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Form 990 (2018) THE MIAMI FOUNDATION, INC. 65-0350357 Page 7
Part VII Compensation of Officers, Directors, Trustees, Key Employees, Highest Compensated
Employees, and Independent Contractors
Check if Schedule O contains a response or note to any line in this Part VII †
Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
1a Complete this table for all persons required to be listed. Report compensation for the calendar year ending with or within the organization's tax year.
• List all of the organization's current officers, directors, trustees (whether individuals or organizations), regardless of amount of compensation.
Enter -0- in columns (D), (E), and (F) if no compensation was paid.
• List all of the organization's current key employees, if any. See instructions for definition of "key employee."
• List the organization's five current highest compensated employees (other than an officer, director, trustee, or key employee) who received report-
able compensation (Box 5 of Form W-2 and/or Box 7 of Form 1099-MISC) of more than $100,000 from the organization and any related organizations.
• List all of the organization's former officers, key employees, and highest compensated employees who received more than $100,000 of
reportable compensation from the organization and any related organizations.
• List all of the organization's former directors or trustees that received, in the capacity as a former director or trustee of the organization,
more than $10,000 of reportable compensation from the organization and any related organizations.
List persons in the following order: individual trustees or directors; institutional trustees; officers; key employees; highest compensated employees;
and former such persons.
† Check this box if neither the organization nor any related organization compensated any current officer, director, or trustee.
(A) (B) (C) (D) (E) (F)
Name and Title Average Position Reportable Reportable Estimated
(do not check more than one
hours per box, unless person is both an compensation compensation amount of
officer and a director/trustee)
week Individual trustee or director from from related other
(list any the organizations compensation
hours for organization (W-2/1099-MISC) from the
Highest compensated
Institutional trustee
employee
below organizations
Former
Officer
line)
(1) RICHARD GIUSTO 1.00
CHAIRMAN X X 0. 0. 0.
(2) RICHARD BERKOWITZ 1.00
TREASURER X X 0. 0. 0.
(3) TERE BLANCA 1.00
BOARD MEMBER X 0. 0. 0.
(4) JOSE HERNANDEZ-SOLAUN 1.00
BOARD MEMBER X 0. 0. 0.
(5) ISABEL SANTO TOMAS 1.00
BOARD MEMBER X 0. 0. 0.
(6) BARRON CHANNER 1.00
BOARD MEMBER X 0. 0. 0.
(7) AVRA JAIN 1.00
BOARD MEMBER X 0. 0. 0.
(8) JOSEPH A. FERNANDEZ 1.00
VICE CHAIR X X 0. 0. 0.
(9) JOHN FUMAGALLI 1.00
BOARD MEMBER X 0. 0. 0.
(10) MICHAEL N. ROSENBERG 1.00
BOARD MEMBER X 0. 0. 0.
(11) ALLISON P. SHIPLEY 1.00
SECRETARY X X 0. 0. 0.
(12) JULIE NEITZEL 1.00
BOARD MEMBER X 0. 0. 0.
(13) NATHAN LEIGHT 1.00
BOARD MEMBER X 0. 0. 0.
(14) MARK SCOTT 1.00
BOARD MEMBER X 0. 0. 0.
(15) ANNETTE FRANQUI 1.00
BOARD MEMBER X 0. 0. 0.
(16) PANDWE GIBSON 1.00
BOARD MEMBER X 0. 0. 0.
(17) VICTORIA ROGERS 1.00
BOARD MEMBER X 0. 0. 0.
832007 12-31-18 Form 990 (2018)
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Part VII Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees (continued)
(A) (B) (C) (D) (E) (F)
Name and title Average Position Reportable Reportable Estimated
(do not check more than one
hours per box, unless person is both an compensation compensation amount of
officer and a director/trustee)
week from from related other
(list any
Highest compensated
related
Institutional trustee
(W-2/1099-MISC) organization
organizations and related
Key employee
below
employee
organizations
Former
Officer
line)
(18) PATRICIA NEAL 1.00
BOARD MEMBER X 0. 0. 0.
(19) ALISON MILLER 1.00
BOARD MEMBER X 0. 0. 0.
(20) GARY RESSLER 1.00
BOARD MEMBER X 0. 0. 0.
(21) JAVIER ALBERTO SOTO 50.00
PRESIDENT & CEO X 322,990. 0. 13,500.
(22) CHARISSE L. GRANT 50.00
SENIOR VICE PRESIDENT X 162,672. 0. 7,346.
(23) GLORIA REX ORTEGA 50.00
VICE PRESIDENT OF FINANCE X 0. 0. 0.
(24) REBECCA MANDELMAN 50.00
VICE PRESIDENT OF DEVELOPM X 139,243. 0. 7,184.
(25) CARLOS ABAUNZA 40.00
FORMER VICE PRESIDENT OF FINANCE X 127,589. 0. 5,419.
2 Total number of independent contractors (including but not limited to those listed above) who received more than
$100,000 of compensation from the organization | 4
Form 990 (2018)
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Part VIII Statement of Revenue
Check if Schedule O contains a response or note to any line in this Part VIII †
(A) (B) (C) (D)
Total revenue Related or Unrelated Revenue excluded
exempt function business from tax under
sections
revenue revenue 512 - 514
Contributions, Gifts, Grants
and Other Similar Amounts
b
Revenue
c
d
e
f All other program service revenue ~~~~~
g Total. Add lines 2a-2f | 243,162.
3 Investment income (including dividends, interest, and
other similar amounts)~~~~~~~~~~~~~~~~~ | 5,558,427. 5,558,427.
4 Income from investment of tax-exempt bond proceeds |
5 Royalties |
(i) Real (ii) Personal
6 a Gross rents ~~~~~~~
b Less: rental expenses ~~~
c Rental income or (loss) ~~
d Net rental income or (loss) |
7 a Gross amount from sales of (i) Securities (ii) Other
assets other than inventory 13,067,542.
b Less: cost or other basis
and sales expenses ~~~ 0.
c Gain or (loss) ~~~~~~~ 13,067,542.
d Net gain or (loss) | 13,067,542. 13,067,542.
8 a Gross income from fundraising events (not
Other Revenue
including $ of
contributions reported on line 1c). See
Part IV, line 18 ~~~~~~~~~~~~~ a
b Less: direct expenses~~~~~~~~~~ b
c Net income or (loss) from fundraising events |
9 a Gross income from gaming activities. See
Part IV, line 19 ~~~~~~~~~~~~~ a
b Less: direct expenses ~~~~~~~~~ b
c Net income or (loss) from gaming activities |
10 a Gross sales of inventory, less returns
and allowances ~~~~~~~~~~~~~ a
b Less: cost of goods sold ~~~~~~~~ b
c Net income or (loss) from sales of inventory |
Miscellaneous Revenue Business Code
11 a
b
c
d All other revenue ~~~~~~~~~~~~~
e Total. Add lines 11a-11d ~~~~~~~~~~~~~~~ |
12 Total revenue. See instructions | 80,485,028. 243,162. 0. 18,625,969.
832009 12-31-18 Form 990 (2018)
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Part IX Statement of Functional Expenses
Section 501(c)(3) and 501(c)(4) organizations must complete all columns. All other organizations must complete column (A).
Check if Schedule O contains a response or note to any line in this Part IX †
Do not include amounts reported on lines 6b, (A) (B) (C) (D)
7b, 8b, 9b, and 10b of Part VIII. Total expenses Program service Management and Fundraising
expenses general expenses expenses
1 Grants and other assistance to domestic organizations
and domestic governments. See Part IV, line 21 ~ 53,369,029. 53,369,029.
2 Grants and other assistance to domestic
individuals. See Part IV, line 22 ~~~~~~~ 2,107,036. 2,107,036.
3 Grants and other assistance to foreign
organizations, foreign governments, and foreign
individuals. See Part IV, lines 15 and 16 ~~~
4 Benefits paid to or for members ~~~~~~~
5 Compensation of current officers, directors,
trustees, and key employees ~~~~~~~~ 768,076. 165,567. 293,203. 309,306.
6 Compensation not included above, to disqualified
persons (as defined under section 4958(f)(1)) and
persons described in section 4958(c)(3)(B) ~~~
7 Other salaries and wages ~~~~~~~~~~ 1,388,469. 359,510. 758,571. 270,388.
8 Pension plan accruals and contributions (include
section 401(k) and 403(b) employer contributions)
9 Other employee benefits ~~~~~~~~~~ 605,881. 123,177. 400,041. 82,663.
10 Payroll taxes ~~~~~~~~~~~~~~~~ 143,071. 36,129. 70,468. 36,474.
11 Fees for services (non-employees):
a Management ~~~~~~~~~~~~~~~~
b Legal ~~~~~~~~~~~~~~~~~~~~ 150,373. 75,095. 75,278.
c Accounting ~~~~~~~~~~~~~~~~~ 58,000. 58,000.
d Lobbying ~~~~~~~~~~~~~~~~~~
e Professional fundraising services. See Part IV, line 17
f Investment management fees ~~~~~~~~ 1,006,812. 1,006,812.
g Other. (If line 11g amount exceeds 10% of line 25,
column (A) amount, list line 11g expenses on Sch O.)
12 Advertising and promotion ~~~~~~~~~ 311,009. 13,276. 41,429. 256,304.
13 Office expenses~~~~~~~~~~~~~~~ 76,278. 6,103. 70,175.
14 Information technology ~~~~~~~~~~~ 143,198. 143,198.
15 Royalties ~~~~~~~~~~~~~~~~~~
16 Occupancy ~~~~~~~~~~~~~~~~~ 142,170. 34,616. 69,338. 38,216.
17 Travel ~~~~~~~~~~~~~~~~~~~
18 Payments of travel or entertainment expenses
for any federal, state, or local public officials ~
19 Conferences, conventions, and meetings ~~ 402,046. 322,677. 79,369.
20 Interest ~~~~~~~~~~~~~~~~~~
21 Payments to affiliates ~~~~~~~~~~~~
22 Depreciation, depletion, and amortization ~~ 109,370. 109,370.
23 Insurance ~~~~~~~~~~~~~~~~~ 23,547. 23,547.
24 Other expenses. Itemize expenses not covered
above. (List miscellaneous expenses in line 24e. If line
24e amount exceeds 10% of line 25, column (A)
amount, list line 24e expenses on Schedule O.)
a DIRECT SUPPORT 4,427,192. 4,427,192.
b CONSULTING 2,167,350. 2,167,350.
c OTHER EXPENSES 143,599. 57,079. 82,600. 3,920.
d FUNDRAISING 14,197. 10,427. 3,770.
e All other expenses
25 Total functional expenses. Add lines 1 through 24e 67,556,703. 61,096,486. 5,459,176. 1,001,041.
26 Joint costs. Complete this line only if the organization
reported in column (B) joint costs from a combined
educational campaign and fundraising solicitation.
Check here | † if following SOP 98-2 (ASC 958-720)
832011 12-31-18
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Part XI Reconciliation of Net Assets
Check if Schedule O contains a response or note to any line in this Part XI X
†
1 Total revenue (must equal Part VIII, column (A), line 12) ~~~~~~~~~~~~~~~~~~~~~~~~~~ 1 80,485,028.
2 Total expenses (must equal Part IX, column (A), line 25) ~~~~~~~~~~~~~~~~~~~~~~~~~~ 2 67,556,703.
3 Revenue less expenses. Subtract line 2 from line 1 ~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 3 12,928,325.
4 Net assets or fund balances at beginning of year (must equal Part X, line 33, column (A)) ~~~~~~~~~~ 4 302,300,591.
5 Net unrealized gains (losses) on investments ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 5 -32,011,306.
6 Donated services and use of facilities ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 6
7 Investment expenses ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 7
8 Prior period adjustments ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 8
9 Other changes in net assets or fund balances (explain in Schedule O) ~~~~~~~~~~~~~~~~~~~ 9 7,880,942.
10 Net assets or fund balances at end of year. Combine lines 3 through 9 (must equal Part X, line 33,
column (B)) 10 291,098,552.
Part XII Financial Statements and Reporting
Check if Schedule O contains a response or note to any line in this Part XII X
†
Yes No
1 Accounting method used to prepare the Form 990: † Cash X
† Accrual † Other
If the organization changed its method of accounting from a prior year or checked "Other," explain in Schedule O.
2a Were the organization's financial statements compiled or reviewed by an independent accountant? ~~~~~~~~~~~~ 2a X
If "Yes," check a box below to indicate whether the financial statements for the year were compiled or reviewed on a
separate basis, consolidated basis, or both:
† Separate basis † Consolidated basis † Both consolidated and separate basis
b Were the organization's financial statements audited by an independent accountant? ~~~~~~~~~~~~~~~~~~~ 2b X
If "Yes," check a box below to indicate whether the financial statements for the year were audited on a separate basis,
consolidated basis, or both:
† Separate basis † X Consolidated basis † Both consolidated and separate basis
c If "Yes" to line 2a or 2b, does the organization have a committee that assumes responsibility for oversight of the audit,
review, or compilation of its financial statements and selection of an independent accountant?~~~~~~~~~~~~~~~ 2c X
If the organization changed either its oversight process or selection process during the tax year, explain in Schedule O.
3a As a result of a federal award, was the organization required to undergo an audit or audits as set forth in the Single Audit
Act and OMB Circular A-133? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 3a X
b If "Yes," did the organization undergo the required audit or audits? If the organization did not undergo the required audit
or audits, explain why in Schedule O and describe any steps taken to undergo such audits 3b
Form 990 (2018)
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SCHEDULE A OMB No. 1545-0047
Total
LHA For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ. 832021 10-11-18 Schedule A (Form 990 or 990-EZ) 2018
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THE MIAMI FOUNDATION, INC.
Schedule A (Form 990 or 990-EZ) 2018 65-0350357 Page 2
Part II Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi)
(Complete only if you checked the box on line 5, 7, or 8 of Part I or if the organization failed to qualify under Part III. If the organization
fails to qualify under the tests listed below, please complete Part III.)
Section A. Public Support
Calendar year (or fiscal year beginning in) | (a) 2014 (b) 2015 (c) 2016 (d) 2017 (e) 2018 (f) Total
1 Gifts, grants, contributions, and
membership fees received. (Do not
include any "unusual grants.") ~~ 53983590.56925949.50401780.10643626761615897.329363483
2 Tax revenues levied for the organ-
ization's benefit and either paid to
or expended on its behalf ~~~~
3 The value of services or facilities
furnished by a governmental unit to
the organization without charge ~
4 Total. Add lines 1 through 3 ~~~ 53983590.56925949.50401780.10643626761615897.329363483
5 The portion of total contributions
by each person (other than a
governmental unit or publicly
supported organization) included
on line 1 that exceeds 2% of the
amount shown on line 11,
column (f) ~~~~~~~~~~~~ 156065152
6 Public support. Subtract line 5 from line 4. 173298331
Section B. Total Support
Calendar year (or fiscal year beginning in) | (a) 2014 (b) 2015 (c) 2016 (d) 2017 (e) 2018 (f) Total
7 Amounts from line 4 ~~~~~~~ 53983590.56925949.50401780.10643626761615897.329363483
8 Gross income from interest,
dividends, payments received on
securities loans, rents, royalties,
and income from similar sources ~ 3367402. 3883910. 2748158. 5936150. 5558427.21494047.
9 Net income from unrelated business
activities, whether or not the
business is regularly carried on ~
10 Other income. Do not include gain
or loss from the sale of capital
assets (Explain in Part VI.) ~~~~
11 Total support. Add lines 7 through 10 350857530
12 Gross receipts from related activities, etc. (see instructions) ~~~~~~~~~~~~~~~~~~~~~~~ 12 12,884,896.
13 First five years. If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a section 501(c)(3)
organization, check this box and stop here |†
Section C. Computation of Public Support Percentage
14 Public support percentage for 2018 (line 6, column (f) divided by line 11, column (f)) ~~~~~~~~~~~~ 14 49.39 %
15 Public support percentage from 2017 Schedule A, Part II, line 14 ~~~~~~~~~~~~~~~~~~~~~ 15 50.62 %
16a 33 1/3% support test - 2018. If the organization did not check the box on line 13, and line 14 is 33 1/3% or more, check this box and
stop here. The organization qualifies as a publicly supported organization ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ |† X
b 33 1/3% support test - 2017. If the organization did not check a box on line 13 or 16a, and line 15 is 33 1/3% or more, check this box
and stop here. The organization qualifies as a publicly supported organization ~~~~~~~~~~~~~~~~~~~~~~~~~~~~ |†
17a 10% -facts-and-circumstances test - 2018. If the organization did not check a box on line 13, 16a, or 16b, and line 14 is 10% or more,
and if the organization meets the "facts-and-circumstances" test, check this box and stop here. Explain in Part VI how the organization
meets the "facts-and-circumstances" test. The organization qualifies as a publicly supported organization ~~~~~~~~~~~~~~~ |†
b 10% -facts-and-circumstances test - 2017. If the organization did not check a box on line 13, 16a, 16b, or 17a, and line 15 is 10% or
more, and if the organization meets the "facts-and-circumstances" test, check this box and stop here. Explain in Part VI how the
organization meets the "facts-and-circumstances" test. The organization qualifies as a publicly supported organization ~~~~~~~~ |†
18 Private foundation. If the organization did not check a box on line 13, 16a, 16b, 17a, or 17b, check this box and see instructions |†
Schedule A (Form 990 or 990-EZ) 2018
832022 10-11-18
14
15121118 795691 144510.001 2018.05000 THE MIAMI FOUNDATION, INC. 14451022
THE MIAMI FOUNDATION, INC.
Schedule A (Form 990 or 990-EZ) 2018 65-0350357 Page 3
Part III Support Schedule for Organizations Described in Section 509(a)(2)
(Complete only if you checked the box on line 10 of Part I or if the organization failed to qualify under Part II. If the organization fails to
qualify under the tests listed below, please complete Part II.)
Section A. Public Support
Calendar year (or fiscal year beginning in) | (a) 2014 (b) 2015 (c) 2016 (d) 2017 (e) 2018 (f) Total
1 Gifts, grants, contributions, and
membership fees received. (Do not
include any "unusual grants.") ~~
2 Gross receipts from admissions,
merchandise sold or services per-
formed, or facilities furnished in
any activity that is related to the
organization's tax-exempt purpose
3 Gross receipts from activities that
are not an unrelated trade or bus-
iness under section 513 ~~~~~
4 Tax revenues levied for the organ-
ization's benefit and either paid to
or expended on its behalf ~~~~
5 The value of services or facilities
furnished by a governmental unit to
the organization without charge ~
6 Total. Add lines 1 through 5 ~~~
7 a Amounts included on lines 1, 2, and
3 received from disqualified persons
b Amounts included on lines 2 and 3 received
from other than disqualified persons that
exceed the greater of $5,000 or 1% of the
amount on line 13 for the year ~~~~~~
1 Adjusted net income for prior year (from Section A, line 8, Column A) 1
2 Enter 85% of line 1 2
3 Minimum asset amount for prior year (from Section B, line 8, Column A) 3
4 Enter greater of line 2 or line 3 4
5 Income tax imposed in prior year 5
6 Distributable Amount. Subtract line 5 from line 4, unless subject to
emergency temporary reduction (see instructions) 6
7 † Check here if the current year is the organization's first as a non-functionally integrated Type III supporting organization (see
instructions).
Schedule A (Form 990 or 990-EZ) 2018
832026 10-11-18
18
15121118 795691 144510.001 2018.05000 THE MIAMI FOUNDATION, INC. 14451022
THE MIAMI FOUNDATION, INC.
Schedule A (Form 990 or 990-EZ) 2018 65-0350357 Page 7
Part V Type III Non-Functionally Integrated 509(a)(3) Supporting Organizations (continued)
Section D - Distributions Current Year
1 Amounts paid to supported organizations to accomplish exempt purposes
2 Amounts paid to perform activity that directly furthers exempt purposes of supported
organizations, in excess of income from activity
3 Administrative expenses paid to accomplish exempt purposes of supported organizations
4 Amounts paid to acquire exempt-use assets
5 Qualified set-aside amounts (prior IRS approval required)
6 Other distributions (describe in Part VI). See instructions.
7 Total annual distributions. Add lines 1 through 6.
8 Distributions to attentive supported organizations to which the organization is responsive
(provide details in Part VI). See instructions.
9 Distributable amount for 2018 from Section C, line 6
10 Line 8 amount divided by line 9 amount
(i) (ii) (iii)
Section E - Distribution Allocations (see instructions) Excess Distributions Underdistributions Distributable
Pre-2018 Amount for 2018
832027 10-11-18
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15121118 795691 144510.001 2018.05000 THE MIAMI FOUNDATION, INC. 14451022
THE MIAMI FOUNDATION, INC.
Schedule A (Form 990 or 990-EZ) 2018 65-0350357 Page 8
Part VI Supplemental Information. Provide the explanations required by Part II, line 10; Part II, line 17a or 17b; Part III, line 12;
Part IV, Section A, lines 1, 2, 3b, 3c, 4b, 4c, 5a, 6, 9a, 9b, 9c, 11a, 11b, and 11c; Part IV, Section B, lines 1 and 2; Part IV, Section C,
line 1; Part IV, Section D, lines 2 and 3; Part IV, Section E, lines 1c, 2a, 2b, 3a, and 3b; Part V, line 1; Part V, Section B, line 1e; Part V,
Section D, lines 5, 6, and 8; and Part V, Section E, lines 2, 5, and 6. Also complete this part for any additional information.
(See instructions.)
2018
(Form 990, 990-EZ, | Attach to Form 990, Form 990-EZ, or Form 990-PF.
or 990-PF)
Department of the Treasury
| Go to www.irs.gov/Form990 for the latest information.
Internal Revenue Service
General Rule
† For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or
property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.
Special Rules
X
† For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 33 1/3% support test of the regulations under
sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from
any one contributor, during the year, total contributions of the greater of (1) $5,000; or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h;
or (ii) Form 990-EZ, line 1. Complete Parts I and II.
† For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor, during the
year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the
prevention of cruelty to children or animals. Complete Parts I (entering "N/A" in column (b) instead of the contributor name and address),
II, and III.
† For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor, during the
year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box
is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc.,
purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively
religious, charitable, etc., contributions totaling $5,000 or more during the year ~~~~~~~~~~~~~~~ | $
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990, 990-EZ, or 990-PF),
but it must answer "No" on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ or on its Form 990-PF, Part I, line 2, to
certify that it doesn't meet the filing requirements of Schedule B (Form 990, 990-EZ, or 990-PF).
LHA For Paperwork Reduction Act Notice, see the instructions for Form 990, 990-EZ, or 990-PF. Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
823451 11-08-18
Schedule B (Form 990, 990-EZ, or 990-PF) (2018) Page 2
Name of organization Employer identification number
Part I Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
1 Person X
†
Payroll †
$ 26,392,328. Noncash †
(Complete Part II for
noncash contributions.)
2 Person †
Payroll †
$ 3,158,824. Noncash X
†
(Complete Part II for
noncash contributions.)
3 Person X
†
Payroll †
$ 2,020,000. Noncash †
(Complete Part II for
noncash contributions.)
4 Person X
†
Payroll †
$ 1,416,999. Noncash †
(Complete Part II for
noncash contributions.)
5 Person X
†
Payroll †
$ 5,000,000. Noncash †
(Complete Part II for
noncash contributions.)
6 Person X
†
Payroll †
$ 5,000,000. Noncash †
(Complete Part II for
noncash contributions.)
823452 11-08-18 Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
22
15121118 795691 144510.001 2018.05000 THE MIAMI FOUNDATION, INC. 14451022
Schedule B (Form 990, 990-EZ, or 990-PF) (2018) Page 2
Name of organization Employer identification number
Part I Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
7 Person X
†
Payroll †
$ 1,350,000. Noncash †
(Complete Part II for
noncash contributions.)
Person †
Payroll †
$ Noncash †
(Complete Part II for
noncash contributions.)
Person †
Payroll †
$ Noncash †
(Complete Part II for
noncash contributions.)
Person †
Payroll †
$ Noncash †
(Complete Part II for
noncash contributions.)
Person †
Payroll †
$ Noncash †
(Complete Part II for
noncash contributions.)
Person †
Payroll †
$ Noncash †
(Complete Part II for
noncash contributions.)
823452 11-08-18 Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
23
15121118 795691 144510.001 2018.05000 THE MIAMI FOUNDATION, INC. 14451022
Schedule B (Form 990, 990-EZ, or 990-PF) (2018) Page 3
Name of organization Employer identification number
Part II Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
(c)
No. (b) (d)
FMV (or estimate)
from Description of noncash property given Date received
(See instructions.)
Part I
DONATION OF EQUITY STOCK
2
$ 3,158,824. 05/07/18
(a)
(c)
No. (b) (d)
FMV (or estimate)
from Description of noncash property given Date received
(See instructions.)
Part I
(a)
(c)
No. (b) (d)
FMV (or estimate)
from Description of noncash property given Date received
(See instructions.)
Part I
(a)
(c)
No. (b) (d)
FMV (or estimate)
from Description of noncash property given Date received
(See instructions.)
Part I
(a)
(c)
No. (b) (d)
FMV (or estimate)
from Description of noncash property given Date received
(See instructions.)
Part I
(a)
(c)
No. (b) (d)
FMV (or estimate)
from Description of noncash property given Date received
(See instructions.)
Part I
$
823453 11-08-18 Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
24
15121118 795691 144510.001 2018.05000 THE MIAMI FOUNDATION, INC. 14451022
Schedule B (Form 990, 990-EZ, or 990-PF) (2018) Page 4
Name of organization Employer identification number
(a) No.
from (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
Part I
(a) No.
from (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
Part I
(a) No.
from (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
Part I
1 Provide a description of the organization's direct and indirect political campaign activities in Part IV.
2 Political campaign activity expenditures ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ J$
3 Volunteer hours for political campaign activities ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ. Schedule C (Form 990 or 990-EZ) 2018
LHA
832041 11-08-18
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Schedule C (Form 990 or 990-EZ) 2018 THE MIAMI FOUNDATION, INC. 65-0350357 Page 2
Part II-A Complete if the organization is exempt under section 501(c)(3) and filed Form 5768 (election under
section 501(h)).
A Check J † if the filing organization belongs to an affiliated group (and list in Part IV each affiliated group member's name, address, EIN,
expenses, and share of excess lobbying expenditures).
B Check J† if the filing organization checked box A and "limited control" provisions apply.
(a) Filing (b) Affiliated group
Limits on Lobbying Expenditures
organization's totals
(The term "expenditures" means amounts paid or incurred.) totals
1a Total lobbying expenditures to influence public opinion (grass roots lobbying) ~~~~~~~~~~
b Total lobbying expenditures to influence a legislative body (direct lobbying) ~~~~~~~~~~~
c Total lobbying expenditures (add lines 1a and 1b) ~~~~~~~~~~~~~~~~~~~~~~~~
d Other exempt purpose expenditures ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
e Total exempt purpose expenditures (add lines 1c and 1d) ~~~~~~~~~~~~~~~~~~~~
f Lobbying nontaxable amount. Enter the amount from the following table in both columns.
If the amount on line 1e, column (a) or (b) is: The lobbying nontaxable amount is:
Not over $500,000 20% of the amount on line 1e.
Over $500,000 but not over $1,000,000 $100,000 plus 15% of the excess over $500,000.
Over $1,000,000 but not over $1,500,000 $175,000 plus 10% of the excess over $1,000,000.
Over $1,500,000 but not over $17,000,000 $225,000 plus 5% of the excess over $1,500,000.
Over $17,000,000 $1,000,000.
Calendar year
(a) 2015 (b) 2016 (c) 2017 (d) 2018 (e) Total
(or fiscal year beginning in)
832042 11-08-18
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Schedule C (Form 990 or 990-EZ) 2018 THE MIAMI FOUNDATION, INC. 65-0350357 Page 3
Part II-B Complete if the organization is exempt under section 501(c)(3) and has NOT filed Form 5768
(election under section 501(h)).
For each "Yes," response on lines 1a through 1i below, provide in Part IV a detailed description (a) (b)
of the lobbying activity.
Yes No Amount
1 During the year, did the filing organization attempt to influence foreign, national, state, or
local legislation, including any attempt to influence public opinion on a legislative matter
or referendum, through the use of:
a Volunteers? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ X
b Paid staff or management (include compensation in expenses reported on lines 1c through 1i)? ~ X
c Media advertisements? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ X
d Mailings to members, legislators, or the public? ~~~~~~~~~~~~~~~~~~~~~~~~~ X
e Publications, or published or broadcast statements? ~~~~~~~~~~~~~~~~~~~~~~ X
f Grants to other organizations for lobbying purposes? ~~~~~~~~~~~~~~~~~~~~~~ X
g Direct contact with legislators, their staffs, government officials, or a legislative body? ~~~~~~ X
h Rallies, demonstrations, seminars, conventions, speeches, lectures, or any similar means? ~~~~ X
i Other activities? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ X
j Total. Add lines 1c through 1i ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 0.
2a Did the activities in line 1 cause the organization to be not described in section 501(c)(3)? ~~~~ X
b If "Yes," enter the amount of any tax incurred under section 4912 ~~~~~~~~~~~~~~~~
c If "Yes," enter the amount of any tax incurred by organization managers under section 4912 ~~~
d If the filing organization incurred a section 4912 tax, did it file Form 4720 for this year?
Part III-A Complete if the organization is exempt under section 501(c)(4), section 501(c)(5), or section
501(c)(6).
Yes No
1 Were substantially all (90% or more) dues received nondeductible by members? ~~~~~~~~~~~~~~~~~ 1
2 Did the organization make only in-house lobbying expenditures of $2,000 or less? ~~~~~~~~~~~~~~~~ 2
3 Did the organization agree to carry over lobbying and political campaign activity expenditures from the prior year? 3
Part III-B Complete if the organization is exempt under section 501(c)(4), section 501(c)(5), or section
501(c)(6) and if either (a) BOTH Part III-A, lines 1 and 2, are answered "No," OR (b) Part III-A, line 3, is
answered "Yes."
1 Dues, assessments and similar amounts from members ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 1
2 Section 162(e) nondeductible lobbying and political expenditures (do not include amounts of political
expenses for which the section 527(f) tax was paid).
a Current year ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 2a
b Carryover from last year ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 2b
c Total ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 2c
3 Aggregate amount reported in section 6033(e)(1)(A) notices of nondeductible section 162(e) dues ~~~~~~~~ 3
4 If notices were sent and the amount on line 2c exceeds the amount on line 3, what portion of the excess
does the organization agree to carryover to the reasonable estimate of nondeductible lobbying and political
expenditure next year? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 4
5 Taxable amount of lobbying and political expenditures (see instructions) 5
Part IV Supplemental Information
Provide the descriptions required for Part I-A, line 1; Part I-B, line 4; Part I-C, line 5; Part II-A (affiliated group list); Part II-A, lines 1 and 2 (see
instructions); and Part II-B, line 1. Also, complete this part for any additional information.
PART II-B, LINE 1, LOBBYING ACTIVITIES:
832052 10-29-18
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15121118 795691 144510.001 2018.05000 THE MIAMI FOUNDATION, INC. 14451022
Schedule D (Form 990) 2018 THE MIAMI FOUNDATION, INC. 65-0350357 Page 3
Part VII Investments - Other Securities.
Complete if the organization answered "Yes" on Form 990, Part IV, line 11b. See Form 990, Part X, line 12.
(a) Description of security or category (including name of security) (b) Book value (c) Method of valuation: Cost or end-of-year market value
(1) Financial derivatives ~~~~~~~~~~~~~~~
(2) Closely-held equity interests ~~~~~~~~~~~
(3) Other
(A) ALTERNATIVE INVESTMENTS 38,283,651. END-OF-YEAR MARKET VALUE
(B)
(C)
(D)
(E)
(F)
(G)
(H)
Total. (Col. (b) must equal Form 990, Part X, col. (B) line 12.) | 38,283,651.
Part VIII Investments - Program Related.
Complete if the organization answered "Yes" on Form 990, Part IV, line 11c. See Form 990, Part X, line 13.
(a) Description of investment (b) Book value (c) Method of valuation: Cost or end-of-year market value
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Col. (b) must equal Form 990, Part X, col. (B) line 13.) |
Part IX Other Assets.
Complete if the organization answered "Yes" on Form 990, Part IV, line 11d. See Form 990, Part X, line 15.
(a) Description (b) Book value
(1) INSURANCE CONTRACTS 27,960,239.
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col. (B) line 15.) | 27,960,239.
Part X Other Liabilities.
Complete if the organization answered "Yes" on Form 990, Part IV, line 11e or 11f. See Form 990, Part X, line 25.
1. (a) Description of liability (b) Book value
(1) Federal income taxes
(2) UNFUNDED PROJECTED BENEFIT
(3) OBLIGATIONS 89,808.
(4) LIABILITIES UNDER ANNUITIES 12,586,986.
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col. (B) line 25.) | 12,676,794.
2. Liability for uncertain tax positions. In Part XIII, provide the text of the footnote to the organization's financial statements that reports the
organization's liability for uncertain tax positions under FIN 48 (ASC 740). Check here if the text of the footnote has been provided in Part XIII†X
Schedule D (Form 990) 2018
832053 10-29-18
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Schedule D (Form 990) 2018 THE MIAMI FOUNDATION, INC. 65-0350357 Page 4
Part XI Reconciliation of Revenue per Audited Financial Statements With Revenue per Return.
Complete if the organization answered "Yes" on Form 990, Part IV, line 12a.
1 Total revenue, gains, and other support per audited financial statements ~~~~~~~~~~~~~~~~~~~ 1
2 Amounts included on line 1 but not on Form 990, Part VIII, line 12:
a Net unrealized gains (losses) on investments ~~~~~~~~~~~~~~~~~~ 2a
b Donated services and use of facilities ~~~~~~~~~~~~~~~~~~~~~~ 2b
c Recoveries of prior year grants ~~~~~~~~~~~~~~~~~~~~~~~~~ 2c
d Other (Describe in Part XIII.) ~~~~~~~~~~~~~~~~~~~~~~~~~~ 2d
e Add lines 2a through 2d ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 2e
3 Subtract line 2e from line 1 ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 3
4 Amounts included on Form 990, Part VIII, line 12, but not on line 1:
a Investment expenses not included on Form 990, Part VIII, line 7b ~~~~~~~~ 4a
b Other (Describe in Part XIII.) ~~~~~~~~~~~~~~~~~~~~~~~~~~ 4b
c Add lines 4a and 4b ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 4c
5 Total revenue. Add lines 3 and 4c. (This must equal Form 990, Part I, line 12.) 5
Part XII Reconciliation of Expenses per Audited Financial Statements With Expenses per Return.
Complete if the organization answered "Yes" on Form 990, Part IV, line 12a.
1 Total expenses and losses per audited financial statements ~~~~~~~~~~~~~~~~~~~~~~~~~~ 1
2 Amounts included on line 1 but not on Form 990, Part IX, line 25:
a Donated services and use of facilities ~~~~~~~~~~~~~~~~~~~~~~ 2a
b Prior year adjustments ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 2b
c Other losses ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 2c
d Other (Describe in Part XIII.) ~~~~~~~~~~~~~~~~~~~~~~~~~~ 2d
e Add lines 2a through 2d ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 2e
3 Subtract line 2e from line 1 ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 3
4 Amounts included on Form 990, Part IX, line 25, but not on line 1:
a Investment expenses not included on Form 990, Part VIII, line 7b ~~~~~~~~ 4a
b Other (Describe in Part XIII.) ~~~~~~~~~~~~~~~~~~~~~~~~~~ 4b
c Add lines 4a and 4b ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 4c
5 Total expenses. Add lines 3 and 4c. (This must equal Form 990, Part I, line 18.) 5
Part XIII Supplemental Information.
Provide the descriptions required for Part II, lines 3, 5, and 9; Part III, lines 1a and 4; Part IV, lines 1b and 2b; Part V, line 4; Part X, line 2; Part XI,
lines 2d and 4b; and Part XII, lines 2d and 4b. Also complete this part to provide any additional information.
ENDOWMENTS.
PART X, LINE 2:
OF A TAX POSITION ONLY AFTER DETERMINING THAT THE RELEVANT TAX AUTHORITY
WOULD MORE LIKELY THAN NOT SUSTAIN THE POSITION FOLLOWING AN AUDIT. FOR
TAX POSITIONS MEETING THE MORE LIKELY THAN NOT THRESHOLD, THE AMOUNT
FLOWS WERE REQUIRED AS OF DECEMBER 31, 2018. THE FOUNDATION DOES NOT
EXPECT THAT UNRECOGNIZED TAX BENEFITS WILL INCREASE WITHIN THE NEXT TWELVE
MONTHS. THE FOUNDATION'S TAX RETURNS FOR THE YEARS ENDED DECEMBR 31, 2015
2 For grantmakers. Describe in Part V the organization's procedures for monitoring the use of its grants and other assistance outside the
United States.
3 Activities per Region. (The following Part I, line 3 table can be duplicated if additional space is needed.)
(a) Region (b) Number of (c) Number of (d) Activities conducted in the region (e) If activity listed in (d) (f) Total
offices employees, (by type) (such as, fundraising, pro- is a program service, expenditures
agents, and for and
in the region independent gram services, investments, grants to describe specific type
contractors investments
recipients located in the region) of service(s) in the region in the region
in the region
ORGANIZE AND INVOLVE
THOUSANDS OF PEOPLE
GRANTS TO RECIPIENTS INTERNATIONALLY IN
EUROPE 0 0 LOCATED IN THE REGION PRACTICAL, CAUSAL 137,500.
ORGANIZE AND INVOLVE
THOUSANDS OF PEOPLE
GRANTS TO RECIPIENTS INTERNATIONALLY IN
NORTH AMERICA 0 0 LOCATED IN THE REGION PRACTICAL, CAUSAL 143,967.
TO PROVIDE A PERMANENT
HOME FOR ORPHANED AND
CENTRAL AMERICA AND GRANTS TO RECIPIENTS ABANDONED CHILDREN IN
THE CARIBBEAN 0 0 LOCATED IN THE REGION HAITI AND FOR STUDENT 163,050.
832071 10-31-18
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Schedule F (Form 990) 2018 THE MIAMI FOUNDATION, INC. 65-0350357 Page 2
Part II Grants and Other Assistance to Organizations or Entities Outside the United States. Complete if the organization answered "Yes" on Form 990, Part IV, line 15, for any
recipient who received more than $5,000. Part II can be duplicated if additional space is needed.
1 (g) Amount of (h) Description (i) Method of
(b) IRS code section (d) Purpose of (e) Amount (f) Manner of
(a) Name of organization (c) Region noncash of noncash valuation (book, FMV,
and EIN (if applicable) grant of cash grant cash disbursement assistance assistance appraisal, other)
CENTRAL AMERICA
AND THE CARIBBEAN
- ANTIGUA &
BARBUDA, ARUBA, PROGRAM SUPPORT 5,000.CASH PAYMENT 0.
EUROPE (INCLUDING
ICELAND &
GREENLAND) -
ALBANIA, ANDORRA, PROGRAM SUPPORT 137,500.CASH PAYMENT 0.
NORTH AMERICA PROGRAM SUPPORT 137,500.CASH PAYMENT 0.
CENTRAL AMERICA
AND THE CARIBBEAN PROGRAM SUPPORT 158,050.CASH PAYMENT 0.
2 Enter total number of recipient organizations listed above that are recognized as charities by the foreign country, recognized as tax-exempt
by the IRS, or for which the grantee or counsel has provided a section 501(c)(3) equivalency letter ~~~~~~~~~~~~~~~~~~~~~~ |
3 Enter total number of other organizations or entities |
Schedule F (Form 990) 2018
832072 10-31-18 35
Schedule F (Form 990) 2018 THE MIAMI FOUNDATION, INC. 65-0350357 Page 3
Part III Grants and Other Assistance to Individuals Outside the United States. Complete if the organization answered "Yes" on Form 990, Part IV, line 16.
Part III can be duplicated if additional space is needed.
(c) Number of (d) Amount of (e) Manner of (f) Amount of (g) Description of (h) Method of
(a) Type of grant or assistance (b) Region recipients cash grant cash disbursement noncash noncash assistance valuation
assistance (book, FMV,
appraisal, other)
PROGRAM SUPPORT JAY PITTER 1 6,467.CASH PAYMENT 0.
Schedule F (Form 990) 2018
832073 10-31-18 36
Schedule F (Form 990) 2018 THE MIAMI FOUNDATION, INC. 65-0350357 Page 4
Part IV Foreign Forms
1 Was the organization a U.S. transferor of property to a foreign corporation during the tax year? If "Yes," the
organization may be required to file Form 926, Return by a U.S. Transferor of Property to a Foreign
Corporation (see Instructions for Form 926) ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ † Yes X
† No
2 Did the organization have an interest in a foreign trust during the tax year? If "Yes," the organization
may be required to separately file Form 3520, Annual Return To Report Transactions With Foreign
Trusts and Receipt of Certain Foreign Gifts, and/or Form 3520-A, Annual Information Return of Foreign
Trust With a U.S. Owner (see Instructions for Forms 3520 and 3520-A; don't file with Form 990)~~~~~~~~~~~ † Yes X
† No
3 Did the organization have an ownership interest in a foreign corporation during the tax year? If "Yes,"
the organization may be required to file Form 5471, Information Return of U.S. Persons With Respect To
Certain Foreign Corporations (see Instructions for Form 5471) ~~~~~~~~~~~~~~~~~~~~~~~~~~~ † Yes X
† No
4 Was the organization a direct or indirect shareholder of a passive foreign investment company or a
qualified electing fund during the tax year? If "Yes," the organization may be required to file Form 8621,
Information Return by a Shareholder of a Passive Foreign Investment Company or Qualified Electing Fund
(see Instructions for Form 8621) ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ † Yes X
† No
5 Did the organization have an ownership interest in a foreign partnership during the tax year? If "Yes,"
the organization may be required to file Form 8865, Return of U.S. Persons With Respect to Certain
Foreign Partnerships (see Instructions for Form 8865) ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ † Yes X
† No
6 Did the organization have any operations in or related to any boycotting countries during the tax year? If
"Yes," the organization may be required to separately file Form 5713, International Boycott Report (see
Instructions for Form 5713; don't file with Form 990) ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ † Yes X
† No
832074 10-31-18
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Schedule F (Form 990) 2018 THE MIAMI FOUNDATION, INC. 65-0350357 Page 5
Part V Supplemental Information
Provide the information required by Part I, line 2 (monitoring of funds); Part I, line 3, column (f) (accounting method; amounts of
investments vs. expenditures per region); Part II, line 1 (accounting method); Part III (accounting method); and Part III, column (c)
(estimated number of recipients), as applicable. Also complete this part to provide any additional information. See instructions.
PART I, LINE 2:
WHEN THE FOUNDATION AWARDS GRANTS FOR A SPECIFIC PROJECT THROUGH A GRANT
PROGRAM, ALL GRANTEES SIGN AN AGREEMENT THAT DOCUMENTS THE PURPOSE, TERMS
DUE DILIGENCE FOR ALL SUCH GRANTS INCLUDES VERIFYING THE CHARITABLE
PURPOSE OF THE GRANT, AND TAX STATUS AND PUBLIC CHARITY CLASSIFICATION OF
REGION: EUROPE
FOR ORPHANED AND ABANDONED CHILDREN IN HAITI AND FOR STUDENT SCHOLARSHIPS
(Form 990) For certain Officers, Directors, Trustees, Key Employees, and Highest
Compensated Employees
| Complete if the organization answered "Yes" on Form 990, Part IV, line 23.
2018
Department of the Treasury | Attach to Form 990. Open to Public
Internal Revenue Service | Go to www.irs.gov/Form990 for instructions and the latest information. Inspection
Name of the organization Employer identification number
THE MIAMI FOUNDATION, INC. 65-0350357
Part I Questions Regarding Compensation
Yes No
1a Check the appropriate box(es) if the organization provided any of the following to or for a person listed on Form 990,
Part VII, Section A, line 1a. Complete Part III to provide any relevant information regarding these items.
† First-class or charter travel † Housing allowance or residence for personal use
† Travel for companions † Payments for business use of personal residence
† Tax indemnification and gross-up payments † Health or social club dues or initiation fees
† Discretionary spending account † Personal services (such as maid, chauffeur, chef)
b If any of the boxes on line 1a are checked, did the organization follow a written policy regarding payment or
reimbursement or provision of all of the expenses described above? If "No," complete Part III to explain ~~~~~~~~~~~ 1b
2 Did the organization require substantiation prior to reimbursing or allowing expenses incurred by all directors,
trustees, and officers, including the CEO/Executive Director, regarding the items checked on line 1a? ~~~~~~~~~~~~ 2
3 Indicate which, if any, of the following the filing organization used to establish the compensation of the organization's
CEO/Executive Director. Check all that apply. Do not check any boxes for methods used by a related organization to
establish compensation of the CEO/Executive Director, but explain in Part III.
† Compensation committee † Written employment contract
†X Independent compensation consultant †X Compensation survey or study
† Form 990 of other organizations †X Approval by the board or compensation committee
4 During the year, did any person listed on Form 990, Part VII, Section A, line 1a, with respect to the filing
organization or a related organization:
a Receive a severance payment or change-of-control payment? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 4a X
b Participate in, or receive payment from, a supplemental nonqualified retirement plan? ~~~~~~~~~~~~~~~~~~~~ 4b X
c Participate in, or receive payment from, an equity-based compensation arrangement?~~~~~~~~~~~~~~~~~~~~ 4c X
If "Yes" to any of lines 4a-c, list the persons and provide the applicable amounts for each item in Part III.
Only section 501(c)(3), 501(c)(4), and 501(c)(29) organizations must complete lines 5-9.
5 For persons listed on Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any compensation
contingent on the revenues of:
a The organization? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 5a X
b Any related organization? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 5b X
If "Yes" on line 5a or 5b, describe in Part III.
6 For persons listed on Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any compensation
contingent on the net earnings of:
a The organization? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 6a X
b Any related organization? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 6b X
If "Yes" on line 6a or 6b, describe in Part III.
7 For persons listed on Form 990, Part VII, Section A, line 1a, did the organization provide any nonfixed payments
not described on lines 5 and 6? If "Yes," describe in Part III ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 7 X
8 Were any amounts reported on Form 990, Part VII, paid or accrued pursuant to a contract that was subject to the
initial contract exception described in Regulations section 53.4958-4(a)(3)? If "Yes," describe in Part III ~~~~~~~~~~~ 8 X
9 If "Yes" on line 8, did the organization also follow the rebuttable presumption procedure described in
Regulations section 53.4958-6(c)? 9
LHA For Paperwork Reduction Act Notice, see the Instructions for Form 990. Schedule J (Form 990) 2018
832111 10-26-18
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Schedule J (Form 990) 2018 THE MIAMI FOUNDATION, INC. 65-0350357 Page 2
Part II Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees. Use duplicate copies if additional space is needed.
For each individual whose compensation must be reported on Schedule J, report compensation from the organization on row (i) and from related organizations, described in the instructions, on row (ii).
Do not list any individuals that aren't listed on Form 990, Part VII.
Note: The sum of columns (B)(i)-(iii) for each listed individual must equal the total amount of Form 990, Part VII, Section A, line 1a, applicable column (D) and (E) amounts for that individual.
(B) Breakdown of W-2 and/or 1099-MISC compensation (C) Retirement and (D) Nontaxable (E) Total of columns (F) Compensation
other deferred benefits (B)(i)-(D) in column (B)
(i) Base (ii) Bonus & (iii) Other compensation reported as deferred
(A) Name and Title compensation incentive reportable on prior Form 990
compensation compensation
(1) JAVIER ALBERTO SOTO (i) 277,990. 45,000. 0. 13,500. 0. 336,490. 0.
PRESIDENT & CEO (ii) 0. 0. 0. 0. 0. 0. 0.
(2) CHARISSE L. GRANT (i) 161,672. 1,000. 0. 7,346. 0. 170,018. 0.
SENIOR VICE PRESIDENT (ii) 0. 0. 0. 0. 0. 0. 0.
(3) CARLOS ABAUNZA (i) 88,451. 0. 39,138. 5,419. 0. 133,008. 0.
FORMER VICE PRESIDENT OF FINANCE (ii) 0. 0. 0. 0. 0. 0. 0.
(i)
(ii)
(i)
(ii)
(i)
(ii)
(i)
(ii)
(i)
(ii)
(i)
(ii)
(i)
(ii)
(i)
(ii)
(i)
(ii)
(i)
(ii)
(i)
(ii)
(i)
(ii)
(i)
(ii)
Schedule J (Form 990) 2018
832112 10-26-18 137
Schedule J (Form 990) 2018 THE MIAMI FOUNDATION, INC. 65-0350357 Page 3
Part III Supplemental Information
Provide the information, explanation, or descriptions required for Part I, lines 1a, 1b, 3, 4a, 4b, 4c, 5a, 5b, 6a, 6b, 7, and 8, and for Part II. Also complete this part for any additional information.
Schedule J (Form 990) 2018
832113 10-26-18 138
SCHEDULE M Noncash Contributions OMB No. 1545-0047
(Form 990)
J Complete if the organizations answered "Yes" on Form 990, Part IV, lines 29 or 30.
2018
Department of the Treasury J Attach to Form 990. Open to Public
Internal Revenue Service
J Go to www.irs.gov/Form990 for instructions and the latest information. Inspection
Name of the organization Employer identification number
THE MIAMI FOUNDATION, INC. 65-0350357
Part I Types of Property
(a) (b) (c) (d)
Check if Number of Noncash contribution Method of determining
applicable contributions or amounts reported on noncash contribution amounts
items contributed Form 990, Part VIII, line 1g
1 Art - Works of art ~~~~~~~~~~~~~
2 Art - Historical treasures ~~~~~~~~~
3 Art - Fractional interests ~~~~~~~~~~
4 Books and publications ~~~~~~~~~~
5 Clothing and household goods ~~~~~~
6 Cars and other vehicles ~~~~~~~~~~
7 Boats and planes ~~~~~~~~~~~~~
8 Intellectual property ~~~~~~~~~~~
9 Securities - Publicly traded ~~~~~~~~ X 49 5,028,034.FAIR MARKET VALUE
10 Securities - Closely held stock ~~~~~~~
11 Securities - Partnership, LLC, or
trust interests ~~~~~~~~~~~~~~
12 Securities - Miscellaneous ~~~~~~~~
13 Qualified conservation contribution -
Historic structures ~~~~~~~~~~~~
14 Qualified conservation contribution - Other~
15 Real estate - Residential ~~~~~~~~~
16 Real estate - Commercial ~~~~~~~~~
17 Real estate - Other ~~~~~~~~~~~~
18 Collectibles ~~~~~~~~~~~~~~~~
19 Food inventory ~~~~~~~~~~~~~~
20 Drugs and medical supplies ~~~~~~~~
21 Taxidermy ~~~~~~~~~~~~~~~~
22 Historical artifacts ~~~~~~~~~~~~
23 Scientific specimens ~~~~~~~~~~~
24 Archeological artifacts ~~~~~~~~~~
25 Other J ( )
26 Other J ( )
27 Other J ( )
28 Other J ( )
29 Number of Forms 8283 received by the organization during the tax year for contributions
for which the organization completed Form 8283, Part IV, Donee Acknowledgement ~~~~ 29
Yes No
30a During the year, did the organization receive by contribution any property reported in Part I, lines 1 through 28, that it
must hold for at least three years from the date of the initial contribution, and which isn't required to be used for
exempt purposes for the entire holding period? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 30a X
b If "Yes," describe the arrangement in Part II.
31 Does the organization have a gift acceptance policy that requires the review of any nonstandard contributions? ~~~~~~ 31 X
32a Does the organization hire or use third parties or related organizations to solicit, process, or sell noncash
contributions? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 32a X
b If "Yes," describe in Part II.
33 If the organization didn't report an amount in column (c) for a type of property for which column (a) is checked,
describe in Part II.
LHA For Paperwork Reduction Act Notice, see the Instructions for Form 990. Schedule M (Form 990) 2018
832141 10-18-18
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Schedule M (Form 990) 2018 THE MIAMI FOUNDATION, INC. 65-0350357 Page 2
Part II Supplemental Information. Provide the information required by Part I, lines 30b, 32b, and 33, and whether the organization
is reporting in Part I, column (b), the number of contributions, the number of items received, or a combination of both. Also complete
this part for any additional information.
140
15121118 795691 144510.001 2018.05000 THE MIAMI FOUNDATION, INC. 14451022
OMB No. 1545-0047
Supplemental Information to Form 990 or 990-EZ
2018
SCHEDULE O
(Form 990 or 990-EZ) Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
Department of the Treasury | Attach to Form 990 or 990-EZ. Open to Public
Internal Revenue Service | Go to www.irs.gov/Form990 for the latest information. Inspection
Name of the organization Employer identification number
THE MIAMI FOUNDATION, INC. 65-0350357
PROVIDED FOOD AND SHELTER FOR HUNGRY AND HOMELESS, AND MORE. MORE THAN
$310 MILLION IN GRANTS AND SCHOLARSHIPS HAS BEEN AWARDED IN OUR RICH 50
CHARITABLE ASSETS.
THE FORM 990 IS MADE AVAILABLE TO THE BOARD MEMBERS PRIOR TO FILING. STAFF
ANNUALLY ALL BOARD MEMBERS ARE ASKED TO SIGN A CONFLICT OF INTEREST POLICY.
THE POLICY REQUIRES THAT IN THE EVENT THERE IS ANY MATERIAL CHANGE IN THE
RECRUITING FIRMS.
THE FOUNDATION MAKES ITS FORM 1023, 990, 990-T AVAILABLE FOR PUBLIC
AT WWW.MIAMIFOUNDATION.ORG.
FORM 990, PART XII, LINE 2C: FINANCIAL STATEMENTS AND REPORTING
(Worksheet)
Department of the Treasury
Internal Revenue Service
(and on Investment Income for Private Foundations)
| Go to www.irs.gov/Form990W for instructions and the latest information.
| Keep for your records. Do not send to the Internal Revenue Service.
2019
1 Unrelated business taxable income expected in the tax year ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 1
2 Tax on the amount on line 1. See instructions for tax computation ~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 2
10 a Subtract line 9 from line 8. Note: If less than $500, the organization is not required to make
estimated tax payments. Private foundations, see instructions ~~~~~~~~~~~~~~~~ 10a
b Enter the tax shown on the 2018 return. See instructions. Caution: If
zero or the tax year was for less than 12 months, skip this line
and enter the amount from line 10a on line 10c ~~~~~~~~~~~~~~~~~~~~~~ 10b 7,244.
c 2019 Estimated Tax. Enter the smaller of line 10a or line 10b. If the organization is required to skip line 10b, enter the amount
from line 10a on line 10c ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 10c 7,244.
(a) (b) (c) (d)
823801 02-25-19
147.1
15121118 795691 144510.001 2018.05000 THE MIAMI FOUNDATION, INC. 14451022
Form 990-T Exempt Organization Business Income Tax Return OMB No. 1545-0687
2018
(and proxy tax under section 6033(e))
For calendar year 2018 or other tax year beginning , and ending .
A † Check box if Name of organization († Check box if name changed and see instructions.) D Employer identification number
(Employees' trust, see
address changed instructions.)
1. Description of property
(1)
(2)
(3)
(4)
2. Rent received or accrued
3(a) Deductions directly connected with the income in
(a) From personal property (if the percentage of (b) From real and personal property (if the percentage columns 2(a) and 2(b) (attach schedule)
rent for personal property is more than of rent for personal property exceeds 50% or if
10% but not more than 50% ) the rent is based on profit or income)
(1)
(2)
(3)
(4)
Total 0. Total 0.
(c) Total income. Add totals of columns 2(a) and 2(b). Enter (b) Total deductions.
Enter here and on page 1,
here and on page 1, Part I, line 6, column (A) | 0. Part I, line 6, column (B) | 0.
Schedule E - Unrelated Debt-Financed Income (see instructions)
3. Deductions directly connected with or allocable
2. Gross income from to debt-financed property
or allocable to debt- (a) Straight line depreciation
1. Description of debt-financed property financed property
(b) Other deductions
(attach schedule) (attach schedule)
(1)
(2)
(3)
(4)
4. Amount of average acquisition 5. Average adjusted basis 6. Column 4 divided 7. Gross income 8. Allocable deductions
debt on or allocable to debt-financed of or allocable to by column 5 reportable (column (column 6 x total of columns
property (attach schedule) debt-financed property 2 x column 6) 3(a) and 3(b))
(attach schedule)
(1) %
(2) %
(3) %
(4) %
Enter here and on page 1, Enter here and on page 1,
Part I, line 7, column (A). Part I, line 7, column (B).
Totals ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ | 0. 0.
Total dividends-received deductions included in column 8 | 0.
Form 990-T (2018)
823721 01-09-19
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15121118 795691 144510.001 2018.05000 THE MIAMI FOUNDATION, INC. 14451022
THE MIAMI FOUNDATION, INC.
Form 990-T (2018) 65-0350357 Page 4
Schedule F - Interest, Annuities, Royalties, and Rents From Controlled Organizations (see instructions)
Exempt Controlled Organizations
1. Name of controlled organization 2. Employer 3. Net unrelated income 4. Total of specified 5. Part of column 4 that is 6. Deductions directly
identification (loss) (see instructions) payments made included in the controlling connected with income
number organization's gross income in column 5
(1)
(2)
(3)
(4)
Nonexempt Controlled Organizations
7. Taxable Income 8. Net unrelated income (loss) 9. Total of specified payments 10. Part of column 9 that is included 11. Deductions directly connected
(see instructions) made in the controlling organization's with income in column 10
gross income
(1)
(2)
(3)
(4)
Add columns 5 and 10. Add columns 6 and 11.
Enter here and on page 1, Part I, Enter here and on page 1, Part I,
line 8, column (A). line 8, column (B).
Totals J 0. 0.
Schedule G - Investment Income of a Section 501(c)(7), (9), or (17) Organization
(see instructions)
3. Deductions 4. Set-asides 5. Total deductions
1. Description of income 2. Amount of income directly connected
(attach schedule)
and set-asides
(attach schedule) (col. 3 plus col. 4)
(1)
(2)
(3)
(4)
Enter here and on page 1, Enter here and on page 1,
Part I, line 9, column (A). Part I, line 9, column (B).
Totals
9 0.
Schedule I - Exploited Exempt Activity Income, Other Than Advertising Income
0.
(see instructions)
(1)
(2)
(3)
(4)
Enter here and on Enter here and on Enter here and
page 1, Part I, page 1, Part I, on page 1,
line 10, col. (A). line 10, col. (B). Part II, line 26.
Totals 0.
9
Schedule J - Advertising Income (see instructions)
0. 0.
(1)
(2)
(3)
(4)
823731 01-09-19
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15121118 795691 144510.001 2018.05000 THE MIAMI FOUNDATION, INC. 14451022
THE MIAMI FOUNDATION, INC.
Form 990-T (2018) 65-0350357 Page 5
Part II Income From Periodicals Reported on a Separate Basis (For each periodical listed in Part II, fill in
columns 2 through 7 on a line-by-line basis.)
(1)
(2)
(3)
(4)
Totals from Part I
9 Enter here and on
0. 0.
Enter here and on Enter here and
0.
page 1, Part I, page 1, Part I, on page 1,
line 11, col. (A). line 11, col. (B). Part II, line 27.
(1) %
(2) %
(3) %
(4) %
Total. Enter here and on page 1, Part II, line 14
9 Form 990-T (2018)
0.
823732 01-09-19
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15121118 795691 144510.001 2018.05000 THE MIAMI FOUNDATION, INC. 14451022
THE MIAMI FOUNDATION, INC. 65-0350357
}}}}}}}}}}}}}}}}}}}}}}}}}} }}}}}}}}}}
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
FORM 990-T OTHER INCOME STATEMENT 1
}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}
DESCRIPTION AMOUNT
}}}}}}}}}}} }}}}}}}}}}}}}}
TRANSPORTATION BENEFIT PROVIDED TO EMPLOYEES 35,495.
}}}}}}}}}}}}}}
TOTAL TO FORM 990-T, PAGE 1, LINE 12 35,495.
~~~~~~~~~~~~~~
153 STATEMENT(S) 1
15121118 795691 144510.001 2018.05000 THE MIAMI FOUNDATION, INC. 14451022
Form 2220 Underpayment of Estimated Tax by Corporations OMB No. 1545-0123
2 a Personal holding company tax (Schedule PH (Form 1120), line 26) included on line 1 ~~~~~~ 2a
b Look-back interest included on line 1 under section 460(b)(2) for completed long-term
contracts or section 167(g) for depreciation under the income forecast method ~~~~~~~~~ 2b
5 Required annual payment. Enter the smaller of line 3 or line 4. If the corporation is required to skip line 4,
enter the amount from line 3 5 7,244.
Part II Reasons for Filing - Check the boxes below that apply. If any boxes are checked, the corporation must file Form 2220
even if it does not owe a penalty. See instructions.
6 † The corporation is using the adjusted seasonal installment method.
7 † The corporation is using the annualized income installment method.
8 † The corporation is a "large corporation" figuring its first required installment based on the prior year's tax.
Part III Figuring the Underpayment
(a) (b) (c) (d)
9 Installment due dates. Enter in columns (a) through
(d) the 15th day of the 4th (Form 990-PF filers:
Use 5th month), 6th, 9th, and 12th months of the
corporation's tax year ~~~~~~~~~~~~~~~~ 9 04/15/18 06/15/18 09/15/18 12/15/18
10 Required installments. If the box on line 6 and/or line 7
above is checked, enter the amounts from Sch A, line 38. If
the box on line 8 (but not 6 or 7) is checked, see instructions
for the amounts to enter. If none of these boxes are checked,
enter 25% (0.25) of line 5 above in each column ~~~~ 10 1,811. 1,811. 1,811. 1,811.
11 Estimated tax paid or credited for each period. For
column (a) only, enter the amount from line 11 on line 15.
See instructions ~~~~~~~~~~~~~~~~~~ 11
Complete lines 12 through 18 of one column
before going to the next column.
12 Enter amount, if any, from line 18 of the preceding column 12
13 Add lines 11 and 12 ~~~~~~~~~~~~~~~~~ 13
14 Add amounts on lines 16 and 17 of the preceding column 14 1,811. 3,622. 5,433.
15 Subtract line 14 from line 13. If zero or less, enter -0- ~~ 15 0. 0. 0. 0.
16 If the amount on line 15 is zero, subtract line 13 from line
14. Otherwise, enter -0- ~~~~~~~~~~~~~~~ 16 1,811. 3,622.
17 Underpayment. If line 15 is less than or equal to line 10,
subtract line 15 from line 10. Then go to line 12 of the next
column. Otherwise, go to line 18 ~~~~~~~~~~~ 17 1,811. 1,811. 1,811. 1,811.
18 Overpayment. If line 10 is less than line 15, subtract line 10
from line 15. Then go to line 12 of the next column 18
Go to Part IV on page 2 to figure the penalty. Do not go to Part IV if there are no entries on line 17 - no penalty is owed.
LHA For Paperwork Reduction Act Notice, see separate instructions. Form 2220 (2018)
812801 01-09-19
153.1
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FORM 990-T
Form 2220 (2018) THE MIAMI FOUNDATION, INC. 65-0350357 Page 2
Part IV Figuring the Penalty
(a) (b) (c) (d)
19 Enter the date of payment or the 15th day of the 4th month
after the close of the tax year, whichever is earlier.
(C corporations with tax years ending June 30
and S corporations: Use 3rd month instead of 4th month.
Form 990-PF and Form 990-T filers: Use 5th month
instead of 4th month.) See instructions ~~~~~~~~ 19
20 Number of days from due date of installment on line 9 to the
date shown on line 19 ~~~~~~~~~~~~~~~~~ 20
27 Number of days on line 20 after 12/31/2018 and before 4/1/2019 ~ 27 SEE ATTACHED WORKSHEET
37 Add lines 22, 24, 26, 28, 30, 32, 34, and 36 ~~~~~~~~~ 37 $ $ $ $
38 Penalty. Add columns (a) through (d) of line 37. Enter the total here and on Form 1120, line 34; or the comparable
line for other income tax returns 38 $ 306.
* Use the penalty interest rate for each calendar quarter, which the IRS will determine during the first month in the preceding quarter.
These rates are published quarterly in an IRS News Release and in a revenue ruling in the Internal Revenue Bulletin. To obtain this
information on the Internet, access the IRS website at www.irs.gov. You can also call 1-800-829-4933 to get interest rate information.
Form 2220 (2018)
812802 01-09-19
153.2
15121118 795691 144510.001 2018.05000 THE MIAMI FOUNDATION, INC. 14451022
FORM 990-T
UNDERPAYMENT OF ESTIMATED TAX WORKSHEET
-0-
812511
04-01-18
153.3
15121118 795691 144510.001 2018.05000 THE MIAMI FOUNDATION, INC. 14451022
MORRISON, BROWN, ARGIZ, & FARRA, LLC.
1450 BRICKELL AVENUE, 18TH FLOOR
MIAMI, FL 33131
(305) 373-5500
NO PAYMENT IS REQUIRED.
LISETTE RODRIGUEZ,
CPA
Florida Corporate Income/Franchise Tax Return F-1120, R. 01/19 1019
FEIN 65-0350357 Rule 12C-1.051
Florida Administrative Code
For calendar year 2018 , 2018 Effective 01/19
or tax year beginning ending Page 1 of 6
893302018123100020050374365035035700003
844081 09-17-18
!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Payment Coupon for Florida Corporate Income Tax Return 1019
F-1120
Do Not Detach YEAR ENDING 12/31/18 R. 01/19
To ensure proper credit to your account, enclose your check with tax return when mailing.
Name THE MIAMI FOUNDATION, INC. If 6/30 year end, return is due 1st day of the 4th month after the close of the
Address 40 NW 3RD STREET taxable year, otherwise return is due 1st day of the 5th month after the close
City/State/ZIP MIAMI, FL 33128 of the taxable year.
650350357 0 0 0
20180101 0 0 0
20181231 3449500 0 0
00000000 0.000000 0 0
012 0 0 0
202 0 0 0
3449500 0 0 0
0 3449500 0 0
This return is considered incomplete unless a copy of the federal return is attached.
If your return is not signed, or improperly signed and verified, it will be subject to a penalty. The statute of limitations will not start until your return is properly signed
and verified. Your return must be completed in its entirety.
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct,
and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
Sign here
= Signature of officer (must be an original signature) Date
Title
= INTERIM PRESIDENT AN
Preparer Preparer's
Paid
Preparer's
signature = Date
check if self-
employed †
PTIN
= P01404398
preparers
only
MORRISON, BROWN, ARGIZ & FARRA, LLC
=1450
Firm's name FEIN |
(or yours if BRICKELL AVENUE, 18TH FLOOR
self-employed)
and address MIAMI, FL ZIP | 33131
D. † Initial return † Final return (final federal return filed) G-3. The federal common parent has sales, property, or payroll in Florida? X
YES † NO†
E. Principal Business Activity Code (as pertains to Florida) H. Location of corporate books:
40 NW 3RD STREET SUITE 305
812930
X
T City, State, ZIP: MIAMI, FL 33128
X
F. A Florida extension of time was timely filed? YES † NO † I. Taxpayer is a member of a Florida partnership or joint venture? YES † NO †
G-1. Corporation is a member of a controlled group? YES † NO † X If yes, attach list. J. Enter date of latest IRS audit:
844082 09-17-18
1019
F-1120
R. 01/19
Page 3 of 6
NAME THE MIAMI FOUNDATION, INC. FEIN 65-0350357 TAXABLE YEAR ENDING 12/31/18
8. Ad valorem taxes allowable as enterprise zone property tax credit (Florida Form F-1158Z) 8.
10. Rural and/or urban high crime area job tax credits 10.
20. Total Lines 1 through 19. Enter total on Line 20 and on Page 1, Line 3. 20.
Note: Taxpayers doing business outside Florida enter zero on Lines 3 through 6, and complete Schedule IV.
12. Total Lines 1 through 11. Enter total on Line 12 and on Page 1, Line 5. 12.
844091 09-17-18
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15121118 795691 144510.001 2018.05000 THE MIAMI FOUNDATION, INC. 14451022
1019
F-1120
R. 01/19
Page 4 of 6
NAME THE MIAMI FOUNDATION, INC. FEIN 65-0350357 TAXABLE YEAR ENDING 12/31/18
3. Land owned
4. Other tangible and intangible (financial org. only) assets (attach schedule)
5. Total (Lines 1 through 4)
a. Add Line 5, Columns (a) and (b) and divide by 2 (for within Florida) ~~ 6a.
b. Add Line 5, Columns (c) and (d) and divide by 2 (for total everywhere) ~~~~~~~~~~~~~~~~~~~~~~~~ 6b.
8. Total (Lines 6 and 7). Enter on Line 1, Schedule III-A, Columns (a) and (b).
(a) (b)
TOTAL WITHIN FLORIDA TOTAL EVERYWHERE
III-C Sales Factor
(Numerator) (Denominator)
4. TOTAL SALES (Enter on Schedule III-A, Line 3, Columns [a] and [b])
2. Transportation services
4. Net operating loss carryover apportioned to Florida (attach schedule; see instructions) 4.
5. Net capital loss carryover apportioned to Florida (attach schedule; see instructions) 5.
6. Excess charitable contribution carryover apportioned to Florida (attach schedule; see instructions) 6.
7. Employee benefit plan contribution carryover apportioned to Florida (attach schedule; see instructions) 7.
9. Adjusted federal income apportioned to Florida (Line 3 less Line 8; see instructions) 9.
844092 09-17-18
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15121118 795691 144510.001 2018.05000 THE MIAMI FOUNDATION, INC. 14451022
1019
F-1120
R. 01/19
Page 5 of 6
NAME THE MIAMI FOUNDATION, INC. FEIN 65-0350357 TAXABLE YEAR ENDING 12/31/18
5. Enterprise zone property tax credit (from Florida Form F-1158Z attached) 5.
7. Urban high crime area job tax credit (attach certification letter) 7.
10. Contaminated site rehabilitation tax credit (attach tax credit certificate) 10.
12. Florida Tax Credit: Scholarship Program Credits. (attach certificate) 12.
20. Total credits against the tax (sum of Lines 1 through 19 not to exceed the amount on Page 1, Line 11).
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15121118 795691 144510.001 2018.05000 THE MIAMI FOUNDATION, INC. 14451022
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F-1120
R. 01/19
Page 6 of 6
NAME THE MIAMI FOUNDATION, INC. FEIN 65-0350357 TAXABLE YEAR ENDING 12/31/18
Estimated Tax Worksheet
For Taxable Years Beginning On or After January 1, 2018
5. Computation of installments:
Payment due dates and If 6/30 year end, last day of 4th month,
payment amounts: otherwise last day of 5th month - Enter 0.25 of Line 4 ~~~~~~~~ 5a.
Last day of 6th month - Enter 0.25 of Line 4 ~~~~~~~~~~~~~ 5b.
Last day of 9th month - Enter 0.25 of Line 4 ~~~~~~~~~~~~~ 5c.
Last day of fiscal year - Enter 0.25 of Line 4 ~~~~~~~~~~~~~ 5d.
NOTE: If your estimated tax should change during the year, you may use the amended computation
below to determine the amended amounts to be entered on the declaration (Florida Form F-1120ES).
References
The following documents were mentioned in this form and are incorporated by reference in the rules indicated below.
The forms are available online at floridarevenue.com/forms.
Form F-2220 Underpayment of Estimated Tax on Florida Rule 12C-1.051, F.A.C.
Corporate Income/Franchise Tax
Form F-7004 Florida Tentative Income/Franchise Tax Return Rule 12C-1.051, F.A.C.
and Application for Extension of Time to File
Return
Form F-1156Z Florida Enterprise Zone Jobs Credit Certificate of Rule 12C-1.051, F.A.C.
Eligibility for Corporate Income Tax
Form F-1158Z Enterprise Zone Property Tax Credit Rule 12C-1.051, F.A.C.
Form F-1120N Instructions for Corporate Income/Franchise Tax Return Rule 12C-1.051, F.A.C.
844094 10-03-18
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15121118 795691 144510.001 2018.05000 THE MIAMI FOUNDATION, INC. 14451022
1019
THE MIAMI FOUNDATION, INC. F-1120
R. 01/19
FEIN 65-0350357
DATA Page 1 of 2
650350357 0 0 0
3449500 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
2 0 0 0
2 0 0 0
2 0 0 0
2 0 0 0
00000000 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
844083 09-17-18
1019
THE MIAMI FOUNDATION, INC. F-1120
R. 01/19
FEIN 65-0350357
DATA Page 2 of 2
650350357 0 0 0
1.000000 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0.000000 0 0
0 0.000000 0 0
0 0 0 0
0 0.000000 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
844084 09-17-18