Facundo & Amalia Bacardi Foundation Inc

CORAL GABLES, FL EIN: 20-4763176

Facundo & Amalia Bacardi Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CORAL GABLES, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $622K in total assets. In 2024, it awarded 1 grants totaling $10K. Net investment income was $14K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$622K

+0.1% YoY

Annual Giving

$10K

-60.0% YoY

Grant Count

-50.0% YoY

Avg Grant Size

$10K

-20.0% YoY

Under IRS private-foundation payout rules, Facundo & Amalia Bacardi Foundation Inc reported a distributable amount of $19K for 2024 — the minimum it must pay out in qualifying distributions.

About Facundo & Amalia Bacardi Foundation Inc

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Florida $415K (67%)

Georgia $200K (33%)

States

Florida Georgia

Cities

AtlantaJacksonvilleMiamiMiami SharesOrlando

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$621,604	$620,788	$630,231
Revenue	$13,874	$10,737	$13,177
Expenses	$10,209	$25,287	$110,251
Qualifying Distributions	$10,000	$25,000	$110,000
Net Investment Income	$13,813	$10,632	$13,101
Distributable Amount	$19,158	$30,499	$33,860

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

11 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Educate for Tomorrow ($10,000).

Recipient	Purpose	Amount
Educate for Tomorrow Miami Shares, FL	Education	$10,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
Facundo L Bacardi	President	1	—
Elizabeth L Bacardi	Vice President	1	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Facundo & Amalia Bacardi Foundation Inc?

Facundo & Amalia Bacardi Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CORAL GABLES, FL. It holds $622K in total assets as of 2024.

How large is Facundo & Amalia Bacardi Foundation Inc?

As of 2024, Facundo & Amalia Bacardi Foundation Inc holds $622K in total assets with $14K in annual revenue. It awarded 1 grants totaling $10K in 2024.

Where does Facundo & Amalia Bacardi Foundation Inc operate?

Facundo & Amalia Bacardi Foundation Inc has awarded grants in Florida, Georgia.

What size grants does Facundo & Amalia Bacardi Foundation Inc award?

In 2024, Facundo & Amalia Bacardi Foundation Inc awarded 1 grants totaling $10K — an average of about $10K per grant, based on its IRS Form 990 filings.

How much is Facundo & Amalia Bacardi Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Facundo & Amalia Bacardi Foundation Inc reported a distributable amount of $19K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

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 2020–2024.