Miguel B Fernandez Family Foundation

Private foundation · Grantmaker Coral Gables, FL EIN: 59-7228125

The Miguel B Fernandez Family Foundation is a private foundation based in Coral Gables, Florida. In 2024, it gave $4,495,544 in grants to 27 organizations, including educational institutions, a health foundation, and organizations supporting charitable programs and services.

Key facts about Miguel B Fernandez Family Foundation

In short: Miguel B Fernandez Family Foundation gave $4.5M across 27 grants in 2024 (avg $167K), mostly in Florida. 30% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.

EIN
59-7228125
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$4,495,544
Grants made (2024)
27
Average grant
$166,502
Median grant
$83,333
New grantees (estimate)
30% first-time grantees (6 of 20, 2024; small sample)
Total assets
$1,550,379
Primary geography
Florida (75% of itemized 2024 grant dollars)
Accepts unsolicited proposals
No
How to apply
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Full details ↓

Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.6M

-72.1% YoY

Annual Giving

$4.5M

-23.8% YoY

Grant Count

27

-28.9% YoY

Avg Grant Size

$167K

+7.2% YoY

Under IRS private-foundation payout rules, Miguel B Fernandez Family Foundation reported a distributable amount of $171K for 2024 — the minimum it must pay out in qualifying distributions.

Is Miguel B Fernandez Family Foundation open to new grantees?

30%

first-time grantees, 2024

In 2024, 6 of 20 grantees (30%) were first-time recipients. With only 20 grantees, that is a small sample: one grantee more or less moves the share by about 5 points. First grants averaged $53K; repeat grants $298K. How we count

Medians: $19K first-time, $113K repeat.

  • 50% of 2024 grantees were also funded in 2023. Method
  • Giving held roughly steady from 2021 to 2024 (+18%). Method
  • In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

No mission statement for the foundation is provided. Its 2024 grants show support for education, health, and other charitable programs and services. Among its grantees, Loyola University Maryland describes itself as a Jesuit Catholic university committed to liberal education and the development of the whole person. An individual recipient High School says it educates young people of limited economic means through a college-preparatory curriculum and corporate work-study experience. Ransom Everglades School describes its aim as combining academic excellence and intellectual growth with students’ physical, cultural, and character development. Miami Dade College Foundation describes itself as a direct support organization for Miami Dade College.

Grantmaking

In 2024, the foundation made 27 grants totaling $4,495,544. Grant amounts ranged from $3,450 to $875,000, with a median of $83,333.

The largest grants included $875,000 to Loyola University Maryland; $500,000 each to Baptist Health South Florida Foundation, an individual recipient High School, and Miami Dade College Foundation; and $491,000 to Ransom Everglades School. Other listed grants included $363,578 and $136,422 to Miami Dade College Foundation, $200,000 to an individual recipient High School, $187,500 to the University of Miami School of Medicine, and $125,000 each to Friends of Caritas Cubana and The Children’s Movement of Florida. Friends of Caritas Cubana describes its work as strengthening Caritas Cubana’s capacity to support vulnerable people in Cuba, including through programs for children and people with disabilities.

How to Apply

The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.

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Geographic Focus

Where this funder awards grants

In 2024, 75% of grant dollars went to recipients in Florida, 19% to Maryland, 3% to Massachusetts, 2% to Indiana, and 1% to New York.

Grant Distribution by State

8states

Share of 2024 grant dollars across all 27 itemized grants.

Cities

MiamiNew YorkCoral GablesBaltimoreTerre HauteCoconut GroveBostonMiami ShoresCambridgeChicagoBloomfieldFlorida CityGlenoldenUvalde

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$4M$6M51 grants2020 54 grants2021 34 grants2022 38 grants2023 27 grants2024

From 2020 to 2024, annual grant giving ranged from $3.8M (2021) to $5.9M (2023). In 2024 it made 27 grants totaling $4.5M.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Miami Dade College Foundation: $1.0M across 3 grantsMiami Dade College Foundation$1.0M · 3 grantsLoyola University Maryland: $875KLoyola University Maryland$875KCristo Rey Miami High School: $700K across 2 grantsCristo Rey Miami High School$700K · 2 grantsBaptist Health South Florida Foundation: $500KBaptist Health South FloridaFoundation$500KRansom Everglades School: $491KRansom Everglades School$491KThe Children's Movement of Florida: $250K across 3 grantsThe Children's Movement ofFlorida$250K · 3 grantsThe University of Miami School of Medicine: $188KThe University of Miami Schoolof Medicine$188KFriends of Caritas Cubana: $125KFriends of Caritas Cubana$125KCandles Holocust Museum: $100KCandles Holocust Museum$100KFlorida International University: $83KFlorida InternationalUniversity$83K

The largest 2024 recipient was Miami Dade College Foundation ($1.0M across 3 grants). Together the top 10 received $4.3M.

Grant Size Distribution

204 grants across all recorded years

126<$50K17$50–100K34$100–250K15$250–500K9$500K–1M3$1–5M$5M+

The most common grant size was under $50K: 126 grants of 204 (62%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Loyola University Maryland Baltimore, MDCharitable Support of Programs and Services$875,000
Baptist Health South Florida Foundation Coral Gables, FLCharitable Support of Programs and Services$500,000
Cristo Rey Miami High School Miami, FLCharitable Support of Educational Programs$500,000
Miami Dade College Foundation Miami, FLCharitable Support of Programs and Services$500,000
Ransom Everglades School Coconut Grove, FLCharitable Support of Programs and Services$491,000
Miami Dade College Foundation Miami, FLCharitable Support of Programs and Services$363,578
Cristo Rey Miami High School Miami, FLCharitable Support of Educational Programs$200,000
The University of Miami School of Medicine Coral Gables, FLCharitable Support of School of Medicine$187,500
Miami Dade College Foundation Miami, FLCharitable Support of Programs and Services$136,422
Friends of Caritas Cubana Cambridge, MACharitable Support of Programs and Services$125,000

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants Grant count
2024 $1,550,379 $798,100 $4,527,196 $4,495,544 27
2023 $5,549,247 $614,112 $5,923,896 $5,902,686 38
2022 $10,049,669 $232,478 $5,038,614 $5,018,081 34
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$4M$6M$8M2020 2021 2022 2023 2024
Metric202420232022
Total Assets$1,550,379$5,549,247$10,049,669
Revenue$798,100$614,112$232,478
Expenses$4,527,196$5,923,896$5,038,614
Qualifying Distributions$4,495,544$5,902,685$5,018,081
Net Investment Income$787,598$570,964$215,529
Distributable Amount$170,818$357,042$927,609

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists Miguel B Fernandez as trustee.

Miguel B Fernandez Family Foundation is led by Miguel B. Fernandez, Trustee on every filing since 2020 — the only officer listed, and uncompensated.

Officers on the 2024 filing

  • Miguel B. Fernandez

    Trustee

    On filings since 2020

    0.5 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Contact

Mailing address: 121 Alhambra Plaza Ste 1100, Coral Gables, FL 33134
Phone: (305) 476-5161

Frequently asked questions about Miguel B Fernandez Family Foundation

How much does Miguel B Fernandez Family Foundation give each year?

Miguel B Fernandez Family Foundation gave $4.5M across 27 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $5.9M across 38 grants.

What is Miguel B Fernandez Family Foundation's typical grant size?

Miguel B Fernandez Family Foundation's median grant in 2024 was $83,333, and its average grant was $166,502, across 27 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Miguel B Fernandez Family Foundation that year got $53K on average.

Where does Miguel B Fernandez Family Foundation give grants?

Miguel B Fernandez Family Foundation gives mostly in Florida: 75% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was Maryland (19%). The most frequent recipient cities were Miami, FL (15 grants), Coral Gables, FL (3 grants) and Miami Shores, FL (2 grants).

Does Miguel B Fernandez Family Foundation give general operating support?

Not in 2024: none of the 27 grants with a stated purpose on Miguel B Fernandez Family Foundation's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charitable Support of Programs and Services" (19 grants) and "Charitable Support of Educational Programs" (5 grants).

Who are Miguel B Fernandez Family Foundation's largest grantees?

Miguel B Fernandez Family Foundation's largest 2024 grantees include Miami Dade College Foundation ($1,000,000 across 3 grants), Loyola University Maryland ($875,000) and Cristo Rey Miami High School ($700,000 across 2 grants), according to its 2024 IRS Form 990-PF. Together they received 57% of its itemized 2024 grant dollars.

How large is Miguel B Fernandez Family Foundation?

Miguel B Fernandez Family Foundation reported $1.6M in total assets on its 2024 IRS Form 990-PF. It paid out $4.5M in qualifying distributions that year, against a required minimum of $171K (roughly 5% of its investment assets).

What does Miguel B Fernandez Family Foundation fund?

No mission statement for the foundation is provided. Its 2024 grants show support for education, health, and other charitable programs and services. See mission & focus areas ↑

How do I apply for a grant from Miguel B Fernandez Family Foundation?

The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Miguel B Fernandez Family Foundation's EIN?

Miguel B Fernandez Family Foundation's EIN (Employer Identification Number) is 59-7228125. IRS Form 990 filing data is available on this page for 2020–2024.

Does Miguel B Fernandez Family Foundation accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

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