Ocean Reef Community Foundation Inc
Ocean Reef Community Foundation is a 501(c)(3) community foundation established in 1994 by members of the Ocean Reef Club in Key Largo, Florida. The foundation operates as a grantmaking organization and manages donor-advised funds, serving both the Ocean Reef Club community and surrounding South Florida areas. The organization has distributed nearly $147 million since its inception and maintains total assets of $83.5 million as of 2023.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$109.7M
+31.4% YoY
Annual Giving
$12.5M
-5.1% YoY
Grant Count
143
+3.6% YoY
Avg Grant Size
$87K
-8.4% YoY
Mission & Focus Areas
Mission Statement: To foster a culture of giving that amplifies collective strength, inspiring generations of members to make Ocean Reef and surrounding communities a better place.
The foundation operates with a two-fold charge: to enable Ocean Reef residents to achieve their individual philanthropic goals wherever they may be focused, and to lead and support effective efforts to improve the quality of life both at Ocean Reef and in surrounding areas.
Priority Funding Areas:
- Environmental Conservation
- Arts and Culture
- Community Development
- Health and Family Services
- Youth Services
- Education
Grantmaking
The foundation offers multiple giving vehicles and grant programs:
Ready to take the next step with Ocean Reef Community Foundation Inc?
Geographic Focus
Where this funder awards grants
The foundation primarily serves:
- Ocean Reef Club and surrounding South Florida communities
- Homestead
- Florida City
- The Keys
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2023:
- Total Assets: $83.5 million
- Total Revenue: $22.4 million
- Total Expenses: $15.7 million
- Total Liabilities: $21.7 million
- Annual Giving: $13.5 million
- Total Giving: $13.2 million
Staffing: The foundation operates with 4 employees as of 2023.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $109,687,070 | $83,478,460 | $74,889,001 |
| Revenue | $22,583,134 | $22,437,245 | $35,254,088 |
| Expenses | $13,539,333 | $15,712,386 | $12,425,709 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $1,347,851 | $1,282,851 | $1,016,092 |
| Distributable Amount | — | — | — |
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
218 grants across all recorded years
Open Grants
2 open opportunities from Ocean Reef Community Foundation Inc
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RICHARD WEINSTEIN | PRESIDENT AND COO | 40 | $150,984 |
| WILLIAM J NUTT | CHAIRMAN AND CEO | 1 | — |
| ALAN GOLDSTEIN | CHAIRMAN EMERITUS | 1 | — |
| STEVEN MARKEL | VICE CHAIRMAN | 1 | — |
| MICHAEL BERMAN | VICE CHAIRMAN | 1 | — |
| TOM DAVIDSON | EXECUTIVE VICE PRESIDENT | 1 | — |
| JANIE SIMS | EXECUTIVE VICE PRESIDENT | 1 | — |
| STEPHEN WOODSUM | EXECUTIVE VICE PRESIDENT | 1 | — |
| JAMES ANDERTON IV | TREASURER | 1 | — |
| CINDY BRAMMER | DIRECTOR | 1 | — |
| MICHAEL CARDONE JR | DIRECTOR | 1 | — |
| ANTHONY ESERNIA | DIRECTOR | 1 | — |
| EDMUND HAJIM | DIRECTOR | 1 | — |
| DIANE HILL | DIRECTOR | 1 | — |
| TERESA HOLMES | DIRECTOR | 1 | — |
| MICHAEL JONES | DIRECTOR | 1 | — |
| SARINA KINNEY | DIRECTOR | 1 | — |
| ED KRAMER | DIRECTOR | 1 | — |
| RAYMOND LARKIN JR | DIRECTOR | 1 | — |
| CYNTHIA LEE | DIRECTOR | 1 | — |
| CYNTHIA MANZO | DIRECTOR | 1 | — |
| LINDA OWENS | DIRECTOR | 1 | — |
| ADELAIDE SKOGLUND | DIRECTOR | 1 | — |
| AMY UPJOHN | DIRECTOR | 1 | — |
| KATHY WEILAND | DIRECTOR | 1 | — |
| YURIANNA MIKOLAY | EXECUTIVE DIRECTOR/SECRETA | 40 | $103,896 |
Recent News & Activity
Recent developments and announcements
The foundation announced $445,000 in new grants (January 2026)
ORCF Announces New Record for Off-Reef Grants | Ocean Reef Community FoundationThe foundation has been recognized with a Four-Star rating for its accountability and financial practices
The All Charities Weekend continues as an annual signature event each February, consolidating fundraising efforts for the entire community
The foundation actively supports community initiatives including back-to-school programs and off-reef community grants
Baptist Health Foundation Receives Grant from Ocean Reef Community for HomesteadContact Information
Address: 35 Ocean Reef Drive, Suite 148, Key Largo, FL 33037
Phone: (305) 367-4707 or (305) 367-6303
Email: foundation@oceanreef.com or allcharities@oceanreef.com
Website: oceanreefcommunityfoundation.org
Tax-Exempt Status: 501(c)(3), tax-exempt since March 1996 (EIN: 65-0509255)
Subject Areas
Focus areas based on grantmaking activity
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with Ocean Reef Community Foundation Inc on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities