Gus Machado Family Foundation Inc
Gus Machado Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HIALEAH, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 13 grants totaling $132K. Net investment income was $44K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.1M
-8.1% YoY
Annual Giving
$132K
+63.5% YoY
Grant Count
13
+62.5% YoY
Avg Grant Size
$10K
+0.6% YoY
Under IRS private-foundation payout rules, Gus Machado Family Foundation Inc reported a distributable amount of $56K for 2024 — the minimum it must pay out in qualifying distributions.
About Gus Machado Family Foundation Inc
Based on IRS filings
Gus Machado Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HIALEAH, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 13 grants totaling $132K. Net investment income was $44K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,067,649 | $1,161,584 | $1,237,613 |
| Revenue | $53,731 | $10,121 | $202,000 |
| Expenses | $152,395 | $86,150 | $141,711 |
| Qualifying Distributions | $142,370 | $84,400 | $141,300 |
| Net Investment Income | $43,706 | $8,371 | — |
| Distributable Amount | $55,642 | $59,761 | $64,634 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
55 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include American Cancer Society ($50,450), St Thomas University ($35,000), The Buoniconti Fund to Cure Paralysis ($15,000).
| Recipient | Purpose | Amount |
|---|---|---|
| American Cancer Society Kennesaw, GA | Charitable Purpose | $50,450 |
| Baptist Health South Florida Foundation Coral Gables, FL | Charitable Purpose | $13,000 |
| Cristo Rey Miami High School North Miami, FL | Charitable Purpose | $10,000 |
| Culture and Community Association Inc Coral Gables, FL | Charitable Purpose | $1,000 |
| Jackson Health Foundation Miami, FL | Charitable Purpose | $6,600 |
| St Thomas University Miami Gardens, FL | Charitable Purpose | $35,000 |
| Que Barato ( School Uniforms Donations ) Hialeah, FL | Charity Purpose | $554 |
| Epiphany Catholic Church Miami, FL | Charity Purpose | $300 |
| Macular Degeneration Research Sarasota, FL | CHARITY PURPOSE | $100 |
| THE BUONICONTI FUND TO CURE PARALYSIS MIAMI, FL | CHARITY PURPOSE | $15,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LILLIAM SANCHEZ MACHADO | PRESIDENT/VICE/DIR/TREAS/SECR | 5 | — |
| LYDIA MACHADO | DIRECTOR | 1 | — |
| MAYRA DEWHURST | DIRECTOR | 1 | — |
| VICTOR R BENITEZ | DIRECTOR | 1 | — |
| ANA C ARISSO | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Gus Machado Family Foundation Inc?
Gus Machado Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HIALEAH, FL. It holds $1.1M in total assets as of 2024.
How large is Gus Machado Family Foundation Inc?
As of 2024, Gus Machado Family Foundation Inc holds $1.1M in total assets with $54K in annual revenue. It awarded 13 grants totaling $132K in 2024.
Where does Gus Machado Family Foundation Inc operate?
Gus Machado Family Foundation Inc has awarded grants in Florida, Georgia, Illinois, Massachusetts.
What size grants does Gus Machado Family Foundation Inc award?
In 2024, Gus Machado Family Foundation Inc awarded 13 grants totaling $132K — an average of about $10K per grant, based on its IRS Form 990 filings.
How much is Gus Machado Family Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Gus Machado Family Foundation Inc reported a distributable amount of $56K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Gus Machado Family Foundation Inc's EIN?
Gus Machado Family Foundation Inc's EIN (Employer Identification Number) is 26-1948916. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Gus Machado Family Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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