Boca Rio Foundation Inc

The Boca Rio Foundation Inc is a U.S. nonprofit organization located in Boca Raton, Florida. It was founded in 2012 by members of the Boca Rio Golf Club with a mission to "feed, cure, educate, and protect" the local community.

Mission and Activities

The foundation focuses on supporting local non-profit organizations and schools within specific areas of interest. Its mission is aimed at enriching the lives of individuals in the Boca Raton area through targeted philanthropic efforts.

Organizational Structure and Finances

Boca Rio Foundation Inc operates as a public charity, categorized under philanthropy and voluntarism foundations. The organization relies primarily on contributions for its revenue, with minimal income from investments. In recent years, the foundation has reported consistent financial activity, with contributions making up the entirety of its revenue. For example, in 2023, it reported revenue of approximately $228,000 and expenses of about $294,000, with total assets valued at $182,000[2].

Grantmaking

The foundation engages in grantmaking activities, providing financial support to selected organizations that align with its mission. In recent years, it has distributed a significant number of grants annually, with a notable increase in the amount disbursed for charitable purposes. For instance, in 2023, it contributed over $293,000 in grants[5].

Governance and Leadership

The foundation is led by a volunteer board of officers, including a chairperson and president. Key positions are held by individuals such as Sarah Cohn as Chairperson and Donald Cohen as President. These leaders oversee the foundation's strategy and ensure its operations align with its stated mission[2][4].

History

Boca Rio Foundation Inc was established in 2012, with a mission to give back to the local community through charitable activities. Over time, it has grown to become a significant contributor to non-profit organizations and educational institutions in the Boca Raton area[1][3].