Facundo & Amalia Bacardi Foundation Inc
Facundo & Amalia Bacardi Foundation Inc is a private foundation, based in Coral Gables, FL. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $623K in total assets. In 2025, it awarded 2 grants totaling $20K. Net investment income was $12K.
Facundo & Amalia Bacardi Foundation Inc at a glance
In short: Facundo & Amalia Bacardi Foundation Inc gave $20K across 2 grants in 2025 (avg $10K), mostly in Florida. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $20,000
- +100.0% vs 2024
- Grants made (2025)
- 2
- +100.0% vs 2024
- Average grant
- $10,000
- +0.0% vs 2024
- Median grant
- $10,000
- Total assets
- $623,460
- +0.3% vs 2024
- Primary geography
- Florida (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Facundo & Amalia Bacardi Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2025
The largest 2025 recipient was Educate for Tomorrow ($10K). Together the top 2 received $20K.
Grant Size Distribution
10 grants across all recorded years
The most common grant size was under $50K: 7 grants of 10 (70%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 2 itemized grants.
Cities
How Facundo & Amalia Bacardi Foundation Inc gives
- Giving fell 82% from 2022 to 2025. Method
- In 2025 it paid out 65% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $10K (2024) to $310K (2020). In 2025 it made 2 grants totaling $20K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Educate for Tomorrow Miami Shares, FL | Education | $10,000 |
| Nicklaus Childrens Hospital Miami, FL | Medical research & support | $10,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $623,460 | $11,754 | $20,275 | $20,000 | 2 | $20,000 | $11,671 | $30,590 |
| 2024 | $621,604 | $13,874 | $10,209 | $10,000 | 1 | $10,000 | $13,813 | $19,158 |
| 2023 | $620,788 | $10,737 | $25,287 | $25,000 | 2 | $25,000 | $10,632 | $30,499 |
| 2022 | $630,231 | $13,177 | $110,251 | $110,000 | 2 | $110,000 | $13,101 | $33,860 |
| 2021 | $782,680 | $12,688 | $160,248 | $160,000 | 3 | $160,000 | $12,600 | $40,255 |
| 2020 | $935,619 | $11,570 | $310,292 | $310,000 | 3 | — | $11,483 | $51,801 |
Under IRS private-foundation payout rules, Facundo & Amalia Bacardi Foundation Inc reported a distributable amount of $31K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Facundo & Amalia Bacardi Foundation Inc is led by Facundo L Bacardi, President on every filing since 2020; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Facundo L Bacardi
President
On filings since 2020
1 hr/week
No compensation reported
Elizabeth L Bacardi
Vice President
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Facundo & Amalia Bacardi Foundation Inc
How much does Facundo & Amalia Bacardi Foundation Inc give each year?
Facundo & Amalia Bacardi Foundation Inc gave $20K across 2 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $10K across 1 grant.
How large is Facundo & Amalia Bacardi Foundation Inc?
Facundo & Amalia Bacardi Foundation Inc reported $623K in total assets on its 2025 IRS Form 990-PF. It paid out $20K in qualifying distributions that year, against a required minimum of $31K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
Where does Facundo & Amalia Bacardi Foundation Inc operate?
Facundo & Amalia Bacardi Foundation Inc has awarded grants in Florida, Georgia.
What is Facundo & Amalia Bacardi Foundation Inc's EIN?
Facundo & Amalia Bacardi Foundation Inc's EIN (Employer Identification Number) is 20-4763176. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 8, 2026)
- IRS filings on file for fiscal years 2020–2024
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