Miami Bayside Foundation Inc logo

Miami Bayside Foundation Inc

Public charity · Grantmaker Miami, FL EIN: 59-2834504 Website

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

FIU Foundation Inc: $80KFIU Foundation Inc$80KFlorida International University: $58KFlorida InternationalUniversity$58KSt Albans Child Nursing Inc: $35KSt Albans Child Nursing Inc$35KBreakthrough Miami: $30KBreakthrough Miami$30KThe Education Fund Inc: $25KThe Education Fund Inc$25KYWCA of Grater Miami-Dade Inc: $15KYWCA of Grater Miami-Dade Inc$15KLittle Haiti Optimist Foundation: $15KLittle Haiti OptimistFoundation$15KNetwork for Teaching Entrpreneurshi: $10KNetwork for TeachingEntrpreneurshi$10KGuitars Over Guns Organization: $8KGuitars Over Guns Organization$8K

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

32<$50K5$50–100K2$100–250K$250–500K$500K–1M$1–5M$5M+

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

2states

Share of 2025 grant dollars across all 10 itemized grants.

Cities

MiamiMiami LakesMiami GardensNew York

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

$0$100K$200K$300K7 grants2020 8 grants2021 6 grants2022 6 grants2023 9 grants2024 10 grants2025

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

RecipientPurposeAmount
FIU Foundation Inc Miami, FL1ST Gen. Scholarship$80,000
Florida International University Miami, FLDual Enroll. 1ST Gen$58,048
St Albans Child Nursing Inc Miami, FLSummer School Progra$35,000
Breakthrough Miami Miami, FLGeneral Programmatic$30,000
The Education Fund Inc Miami Lakes, FLSmart Path to Colleg$25,000
YWCA of Grater Miami-Dade Inc Miami, FLSummer School Progra$15,000
Little Haiti Optimist Foundation Miami Gardens, FLSummer School$15,000
1 individual scholarship Recipients not named —$12,000
Network for Teaching Entrpreneurshi Miami, FLScholarship$10,000
Guitars Over Guns Organization Miami, FL1ST Gen Scholarship$7,500
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment Income
2025$10,321,510$1,258,727$1,812,871$287,54810$210,937
2024$11,576,801$2,360,401$1,872,495$278,4849$156,773
2023$11,460,074$2,311,864$1,618,613$227,0486$111,120
2022$9,912,605$2,648,181$1,424,603$221,5216$14,666
2021$8,851,212$1,969,399$1,219,558$274,3968$202,614
2020$6,947,156$1,860,542$1,285,259$156,0007$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

Kathleen Murphy — Executive Di: $166KKathleen MurphyExecutive Di$166KAlan Alvarez — Director Ed: $61KAlan AlvarezDirector Ed$61K

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

  1. Updated Form 990 for fiscal year 2023 (received by the IRS August 19, 2024)
  2. Updated Form 990 for fiscal year 2024 (received by the IRS July 22, 2025)
  3. Updated Form 990 for fiscal year 2020 (received by the IRS August 11, 2021)
  4. Updated Form 990 for fiscal year 2021 (received by the IRS June 6, 2022)
  5. Updated Form 990 for fiscal year 2022 (received by the IRS August 22, 2023)
  6. Added Form 990 for fiscal year 2025 (received by the IRS July 17, 2026)
  7. IRS filings on file for fiscal years 2020–2024

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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.

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