Miami Bayside Foundation Inc
Miami Bayside Foundation Inc is a Miami, Florida-based public charity formed in 1986. It supports economic development through programs for minority- and women-owned businesses and through scholarships and educational grants serving students and children in the City of Miami.
Miami Bayside Foundation Inc at a glance
In short: Miami Bayside Foundation Inc gave $288K across 10 grants in 2025 (avg $29K), mostly in Florida. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $287,548
- +3.3% vs 2024
- Grants made (2025)
- 10
- +11.1% vs 2024
- Average grant
- $28,755
- -7.1% vs 2024
- Median grant
- $20,000
- Total assets
- $10,321,510
- -10.8% vs 2024
- Primary geography
- Florida (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
How to apply to Miami Bayside Foundation Inc
- Accepts unsolicited proposals
- No
- Invitation Only
-
The foundation’s website says it does not accept unsolicited requests; its grant process is invitation-only, with board members and staff seeking out prospective grantees. The website’s grant guidelines list a specific use-of-funds statement, an explanation of evaluation and success measures, recent audited financial statements and Form 990, a 501(c)(3) determination letter, and an impact report from previous awarded grantees. Those guidelines also list exclusions including individuals, political causes, general operating expenses, retroactive projects, and activities outside the City of Miami.
- Review Cycle
- The guidelines list March 1, 2019, as the proposal deadline for that annual cycle, with a pre-grant application due February 22, 2019. These are past dates, not current deadlines.
- Deadline
- The guidelines list March 1, 2019, as the proposal deadline for that annual cycle, with a pre-grant application due…
- Contact
Mailing address: 25 Se 2Nd Avenue Suite 240, Miami, FL 33131
Phone: (305) 379-7070
Website: https://miamibaysidefoundation.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Miami Bayside Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2025
The largest 2025 recipient was FIU Foundation Inc ($80K). Together the top 9 received $276K.
Organizations only. It also paid 1 individual scholarship ($12,000), which are not listed by name.
Grant Size Distribution
39 grants across all recorded years
The most common grant size was under $50K: 32 grants of 39 (82%).
Geographic Focus
Where this funder awards grants
The foundation is based in Miami. Its website describes educational grantmaking for programs operating in the City of Miami and business lending to eligible businesses domiciled in Miami-Dade, Broward, or Monroe counties. All itemized grants in filing year 2025 went to Florida recipients.
Grant Distribution by State
Share of 2025 grant dollars across all 10 itemized grants.
Cities
How Miami Bayside Foundation Inc gives
- Giving grew 30% from 2022 to 2025. Method
From the foundation's IRS Form 990 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 $156K (2020) to $288K (2025). In 2025 it made 10 grants totaling $288K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| FIU Foundation Inc Miami, FL | 1ST Gen. Scholarship | $80,000 |
| Florida International University Miami, FL | Dual Enroll. 1ST Gen | $58,048 |
| St Albans Child Nursing Inc Miami, FL | Summer School Progra | $35,000 |
| Breakthrough Miami Miami, FL | General Programmatic | $30,000 |
| The Education Fund Inc Miami Lakes, FL | Smart Path to Colleg | $25,000 |
| YWCA of Grater Miami-Dade Inc Miami, FL | Summer School Progra | $15,000 |
| Little Haiti Optimist Foundation Miami Gardens, FL | Summer School | $15,000 |
| 1 individual scholarship Recipients not named | — | $12,000 |
| Network for Teaching Entrpreneurshi Miami, FL | Scholarship | $10,000 |
| Guitars Over Guns Organization Miami, FL | 1ST Gen Scholarship | $7,500 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $10,321,510 | $1,258,727 | $1,812,871 | $287,548 | 10 | $210,937 |
| 2024 | $11,576,801 | $2,360,401 | $1,872,495 | $278,484 | 9 | $156,773 |
| 2023 | $11,460,074 | $2,311,864 | $1,618,613 | $227,048 | 6 | $111,120 |
| 2022 | $9,912,605 | $2,648,181 | $1,424,603 | $221,521 | 6 | $14,666 |
| 2021 | $8,851,212 | $1,969,399 | $1,219,558 | $274,396 | 8 | $202,614 |
| 2020 | $6,947,156 | $1,860,542 | $1,285,259 | $156,000 | 7 | $109,227 |
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The organization states its mission as advancing the economic development of South Florida. Its website describes support for minority businesses and education through loans, technical assistance, scholarships, and educational grants.
The foundation’s 2025 grants included scholarships and educational-program support. Among the recipients, Breakthrough Miami describes its work as supporting under-resourced students in grades 5–12 toward post-secondary success; The Education Fund describes its mission as improving the quality of education in Miami-Dade County Public Schools; and Guitars Over Guns describes providing mentoring, music instruction, and performance opportunities to at-risk youth.
Grantmaking
In filing year 2025, the foundation reported 10 grants totaling $287,548. Grant amounts ranged from $7,500 to $80,000, with a median of $20,000. The largest awards included $80,000 to FIU Foundation for a first-generation scholarship, $58,048 to Florida International University for dual-enrollment support for first-generation students, $35,000 to St. Albans Child Nursing for a summer school program, and $30,000 to Breakthrough Miami for general programmatic support. Other recipients included The Education Fund ($25,000), YWCA of Greater Miami-Dade ($15,000), Little Haiti Optimist Foundation ($15,000), an individual recipient High School ($12,000), Network for Teaching Entrepreneurship ($10,000), and Guitars Over Guns Organization ($7,500).
The foundation’s 2025 filing separately reports $248,823 in grants to organizations working with children and youth, $84,203 in direct scholarships, and more than $250,000 in scholarships through college and university programs. These are program figures reported by the organization and are distinct from the itemized grant total above.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Kathleen Murphy (Executive Di), Mauro Olivieri (Vice-Chair), Alan Alvarez (Director Ed), Nathan Kurland (Chairman), Sonia Canessa-Gonzalez (Treasurer), Nicole Ewan (Secretary), Josie Correa, Rolando Aedo, Michelle Barton-King, and Benito Carmona as directors or officers.
Miami Bayside Foundation Inc is led by Alan Alvarez, Director Executive Director on every filing since 2024; 2 of 16 officers listed in 2025 are compensated.
Officers on the 2025 filing
Alan Alvarez
Director Executive Director
On filings since 2024
40 hrs/week
$104K (2024) → $61K (2025)
Nathan Kurland
Chairman
On filings since 2020
2 hrs/week
No compensation reported
Adam Dunshee
Director
Trustee → Director, 2023
On filings since 2020
1 hr/week
No compensation reported
Andrew Gordon
Director
Trustee → Director, 2023
On filings since 2020
2 hrs/week
No compensation reported
Basil Binns II
Director
Trustee → Director, 2023
On filings since 2020
0.5 hrs/week
No compensation reported
Benito Carmona
Director
Trustee → Director, 2023
On filings since 2020
1 hr/week
No compensation reported
Jeffrey Cazeau
Director
Trustee → Director, 2023
On filings since 2020
0.5 hrs/week
No compensation reported
Josie Correa
Director
Trustee → Director, 2023
On filings since 2020
0.5 hrs/week
No compensation reported
Louis McMillian
Director
Trustee → Director, 2023
On filings since 2020
1 hr/week
No compensation reported
Michelle Barton-King
Director
Trustee → Director, 2023
On filings since 2020
0.5 hrs/week
No compensation reported
Rolando Aedo
Director
Trustee → Director, 2023
On filings since 2020
0.5 hrs/week
No compensation reported
Edgard Nieto
Director
Trustee → Director, 2023
On filings since 2022
1 hr/week
No compensation reported
Kathleen Murphy
Executive Di
Executive Director → Executive Di, 2023
On filings since 2020
60 hrs/week
$138K (2020) → $166K (2025)
Nicole Ewan
Secretary
On filings since 2020
1 hr/week
No compensation reported
Sonia Canessa-Gonzalez
Treasurer
On filings since 2020
2 hrs/week
No compensation reported
Mauro Olivieri
Vice Chair
New on the 2025 filing
1 hr/week
No compensation reported
Former officers (1)
- Former: Pamela Weller (2020–2024) — Vice Chair
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.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $166K, to Kathleen Murphy (Executive Di). 2 officers or directors reported compensation on that filing.
Frequently asked questions about Miami Bayside Foundation Inc
How much does Miami Bayside Foundation Inc give each year?
Miami Bayside Foundation Inc gave $288K across 10 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $278K across 9 grants.
What is Miami Bayside Foundation Inc's typical grant size?
Miami Bayside Foundation Inc's median grant in 2025 was $20,000, and its average grant was $28,755, across 10 grants on its 2025 IRS Form 990.
Where does Miami Bayside Foundation Inc give grants?
Miami Bayside Foundation Inc gives mostly in Florida: 100% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The most frequent recipient cities were Miami, FL (7 grants).
Does Miami Bayside Foundation Inc give general operating support?
Yes: 10% of Miami Bayside Foundation Inc's 2025 grants with a stated purpose (1 of 10) were for general or operating support, per its 2025 IRS Form 990.
Who are Miami Bayside Foundation Inc's largest grantees?
Miami Bayside Foundation Inc's largest 2025 grantees include FIU Foundation Inc ($80,000), Florida International University ($58,048) and St Albans Child Nursing Inc ($35,000), according to its 2025 IRS Form 990. It also paid 1 individual scholarship ($12,000), which are not listed by name. Together they received 60% of its itemized 2025 grant dollars.
How large is Miami Bayside Foundation Inc?
Miami Bayside Foundation Inc reported $10.3M in total assets on its 2025 IRS Form 990. Its revenue that year was $1.3M.
What does Miami Bayside Foundation Inc fund?
The organization states its mission as advancing the economic development of South Florida. Its website describes support for minority businesses and education through loans, technical assistance, scholarships, and educational grants. See mission & focus areas ↑
How do I apply for a grant from Miami Bayside Foundation Inc?
The foundation’s website says it does not accept unsolicited requests; its grant process is invitation-only, with board members and staff seeking out prospective grantees. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Miami Bayside Foundation Inc's EIN?
Miami Bayside Foundation Inc's EIN (Employer Identification Number) is 59-2834504. IRS Form 990 filing data is available on this page for 2020–2025.
Does Miami Bayside Foundation Inc accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated September 2026. Sourced from IRS Form 990 filings. Research dossier generated September 2026.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2023 (received by the IRS August 19, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS July 22, 2025)
- Updated Form 990 for fiscal year 2020 (received by the IRS August 11, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS June 6, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS August 22, 2023)
- Added Form 990 for fiscal year 2025 (received by the IRS July 17, 2026)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Miami Bayside Foundation Inc's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Miami Bayside Foundation Inc funder profile. GrantGraph. Retrieved October 14, 2026, from https://grantable.co/funders/miami-bayside-foundation-inc-morg_8f1229ae24144420be0e81214e08dcdf
BibTeX
@misc{grantable_592834504_2026,
author = {{Grantable}},
title = {{Miami Bayside Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/miami-bayside-foundation-inc-morg_8f1229ae24144420be0e81214e08dcdf},
note = {Accessed 2026-10-14. Data licensed CC BY 4.0}
} The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Miami Bayside Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Miami Bayside Foundation Inc down — hundreds of funders to go?