SEBASTIAN FERRERO FOUNDATION INC: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- SEBASTIAN FERRERO FOUNDATION INC (EIN 26-1200788)
- Tax period
- 2010-01-01 to 2010-12-31
- Filed
- 2011-11-14
- IRS object ID
- 201103189349304935
- Schema version
- 2010v3.4
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-11-14T13:43:14-06:00 | Timestamp |
| Tax Period End Date | 2010-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PURVIS GRAY & COMPANY | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 222 NORTH EAST FIRST STREET | AddressLine1 |
| City | GAINESVILLE | City |
| State | FL | State |
| ZIP Code | 32601 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2010-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 261200788 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SEBASTIAN FERRERO FOUNDATION INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | SEBA | NameControl |
| Phone | 3523314000 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 105 SW 128 STREET | AddressLine1 |
| Address Line2 | ROOM/SUITE 200 | AddressLine2 |
| City | TIOGA | City |
| State | FL | State |
| ZIP Code | 32669 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | HORST FERRERO | Name |
| Title | PRESIDENT | Title |
| Phone | 3523314000 | Phone |
| Date Signed | 2011-11-10 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | ERIC J BENTON CPA | Name |
| Phone | 3523782461 | Phone |
| Date Prepared | 2011-11-08 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-03-07 17:11:31Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | HORST FERRERO | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 251 SW 129TH TERR | AddressLine1 |
| City | TIOGA | City |
| State | FL | State |
| ZIP Code | 32669 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 1909420 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.SEBASTIANFERRERO.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 2007 | YearFormation |
| State Legal Domicile | FL | StateLegalDomicile |
| Activity Or Mission Description | THE PURPOSE OF THE SEBASTIAN FERRERO FOUNDATION IS TO ADVOCATE AND FUNDRAISE FOR A STATE OF THE ART, FULL SERVICE CHILDREN'S HOSPITAL IN GAINESVILLE, FLORIDA WHILE PROMOTING EXCELLENCE IN PATIENT SAFETY AND INSURING THAT ALL FAMILIES ARE TREATED WITH COMPASSION, COURTESY AND DIGNITY. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 26 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 26 | NbrIndependentVotingMembers |
| Total Nbr Employees | 2 | TotalNbrEmployees |
| Total Nbr Volunteers | 200 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Contributions Grants Prior Year | 953377 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 1433317 | ContributionsGrantsCurrentYear |
| Program Service Revenue CY | 0 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 3557 | InvestmentIncomePriorYear |
| Investment Income Current Year | 3795 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | -145442 | OtherRevenuePriorYear |
| Other Revenue Current Year | -31863 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 811492 | TotalRevenuePriorYear |
| Total Revenue Current Year | 1405249 | TotalRevenueCurrentYear |
| Grants And Similar Amnts CY | 255000 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 94456 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 55111 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 32690 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 140983 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 167056 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 141918 | OtherExpensePriorYear |
| Other Expenses Current Year | 531829 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 269064 | TotalExpensesPriorYear |
| Total Expenses Current Year | 982923 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 542428 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 422326 | RevenuesLessExpensesCY |
| Total Assets BOY | 989507 | TotalAssetsBOY |
| Total Assets EOY | 2140761 | TotalAssetsEOY |
| Total Liabilities BOY | 9759 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 738687 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 979748 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 1402074 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | THE PURPOSE OF THE SEBASTIAN FERRERO FOUNDATION IS TO ADVOCATE AND FUNDRAISE FOR A STATE OF THE ART, FULL SERVICE CHILDREN'S HOSPITAL IN GAINESVILLE, FLORIDA WHILE PROMOTING EXCELLENCE IN PATIENT SAFETY AND INSURING THAT ALL FAMILIES ARE TREATED WITH COMPASSION, COURTESY AND DIGNITY. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 698490 | Expense |
| Grants | 255000 | Grants |
| Description | THE FOUNDATION PROMOTES AND FUNDRAISES TO CREATE A FULL-SERVICE, STATE OF THE ART CHILDREN'S HOSPITAL IN GAINESVILLE, FLORIDA. THE FOUNDATION IS ALSO DEDICATED TO EDUCATING AND TO PROMOTING EXCELLENCE IN PATIENT SAFETY. | Description |
| Total Program Service Expense | 698490 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | false | LobbyingActivities |
| Subject To Proxy Tax | false | SubjectToProxyTax |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | false | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | true | TermOrPermanentEndowments |
| Report Land Bldg Equip | true | ReportLandBldgEquip |
| Report Invest Oth Securities | false | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | false | ReportOtherAssets |
| Report Other Liabilities | true | ReportOtherLiabilities |
| Report Fin48 Footnote | false | ReportFin48Footnote |
| Independent Audit Financial Stmt | false | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | false | ConsolidatedAuditFinancialStmt |
| School | false | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | false | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | true | ProfessionalFundraising |
| Fundraising Activities | true | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | true | GrantsToOrganizations |
| Grants To Individuals | false | GrantsToIndividuals |
| Schedule J Required | false | ScheduleJRequired |
| Tax Exempt Bonds | false | TaxExemptBonds |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | false | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | false | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | true | DeductibleNonCashContributions |
| Deductible Contributions Of Art | true | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | false | RelatedEntity |
| Related Org Controlled Entity | false | RelatedOrgControlledEntity |
| Transaction Related Entity | false | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 0 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 2 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | false | UnrelatedBusinessIncome |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Quid Pro Quo Contributions | true | QuidProQuoContributions |
| Quid Pro Quo Disclosure | true | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Form8899 Filed | false | Form8899Filed |
| Form1098 C Filed | false | Form1098CFiled |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 26 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 26 | NumberIndependentVotingMembers |
| Family Or Business Relationship | true | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | false | MembersOrStockholders |
| Election Of Board Members | false | ElectionOfBoardMembers |
| Decisions Subject To Approval | false | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | false | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Form990 Provided To Governing Body | true | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | false | ConflictOfInterestPolicy |
| Whistleblower Policy | false | WhistleblowerPolicy |
| Document Retention Policy | false | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | false | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | HORST FERRERO | NamePerson |
| Telephone Number | 3523314000 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 105 SW 128TH STREET SUITE 200 | AddressLine1 |
| City | TIOGA | City |
| State | FL | State |
| ZIP Code | 32669 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| No Listed Persons Compensated | X | NoListedPersonsCompensated |
Form990 Part VII Section A Form990PartVIISectionA (26 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|---|
| HORST FERRERO | ||||||
| PRESIDENT | 10.00 | X | X | 0 | 0 | 0 |
| LUISA CANNELLA FERRERO | ||||||
| DIRECTOR- EX | 10.00 | X | 0 | 0 | 0 | |
| GIL LEVY | ||||||
| TREASURER | 5.00 | X | X | 0 | 0 | 0 |
| DEEJAY HELLRUNG | ||||||
| SECRETARY | 3.00 | X | X | 0 | 0 | 0 |
| DOUG BARRETT | ||||||
| DIRECTOR- EX | 3.00 | X | 0 | 0 | 0 | |
| MARCI SLAYTON | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| MARCIA DAVIS | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| ARLAN ROSENBLOOM | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| MARK BLEIWEIS | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| HOWARD FREEMAN | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| PATRICE BOYES | ||||||
| VICE PRESIDE | 3.00 | X | X | 0 | 0 | 0 |
| NICHOLAS CASSISI | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| STORM ROBERTS | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| BENJAMIN VICTORICA | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| BENJAMIN LEON JR | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| RICHARD ALLEN | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| RICHARD BUCCIARELLI | ||||||
| DIRECTOR- EX | 3.00 | X | 0 | 0 | 0 | |
| DAVID KAYS | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| JACKSON SASSER | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| FREDDIE WEHBE | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| JANET SILVERSTEIN | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| CYNTHIA O'CONNELL | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| DAVID SMITH | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| RICHARD STAAB | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| LINDA WELL | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| JOHN SPENCE | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | false | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (4 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| FRANKEL MEDIA GROUP | |||||
| 105 SW 128TH ST SUITE 200 | TIOGA | FL | 32669 | MEDIA SRV | 283590 |
| BDR PARTNERS LLC | |||||
| 1756 CENTURY BLVD SUITE B | ATLANTA | GA | 30345 | CONSULTING SRV | 260832 |
| KEITH WATSON PRODUCTIONS | |||||
| 2425 NW 71ST PLACE | GAINESVILLE | FL | 32653 | EVENT PLANNER | 155343 |
| SG-2 LLC | |||||
| 35347 EAGLE WAY | CHICAGO | IL | 60678 | NEEDS ANALYSIS | 117733 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 4 | NumberOfContractorsGT100K |
| Fundraising Events | 85500 | FundraisingEvents |
| All Other Contributions | 1347817 | AllOtherContributions |
| Noncash Contributions | 51014 | NoncashContributions |
| Total Contributions | 1433317 | TotalContributions |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 3795 | TotalRevenueColumn |
| Exclusion | $3,795 | ExclusionAmount |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 176 | TotalRevenueColumn |
| Exclusion | $176 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 472132 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 85500 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 504171 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -32039 | TotalRevenueColumn |
| Exclusion | -$32,039 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1405249 | TotalRevenueColumn |
| Exclusion | -$28,068 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 255000 | Total |
| Program Services | 255000 | ProgramServices |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 51645 | Total |
| Program Services | 10329 | ProgramServices |
| Management And General | 30987 | ManagementAndGeneral |
| Fundraising | 10329 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 800 | Total |
| Program Services | 160 | ProgramServices |
| Management And General | 480 | ManagementAndGeneral |
| Fundraising | 160 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2666 | Total |
| Program Services | 533 | ProgramServices |
| Management And General | 1600 | ManagementAndGeneral |
| Fundraising | 533 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9591 | Total |
| Management And General | 9591 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 8250 | Total |
| Management And General | 8250 | ManagementAndGeneral |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 140983 | Total |
| Fundraising | 140983 | Fundraising |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 378267 | Total |
| Program Services | 376145 | ProgramServices |
| Management And General | 2122 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 51699 | Total |
| Program Services | 51699 | ProgramServices |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 43806 | Total |
| Management And General | 43806 | ManagementAndGeneral |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 14424 | Total |
| Management And General | 14424 | ManagementAndGeneral |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1191 | Total |
| Management And General | 1191 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4274 | Total |
| Program Services | 4274 | ProgramServices |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3111 | Total |
| Program Services | 350 | ProgramServices |
| Management And General | 109 | ManagementAndGeneral |
| Fundraising | 2652 | Fundraising |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | FundraisingFundraising | Management And GeneralManagementAndGeneral |
|---|---|---|---|
| OTHER EVENT COSTS | 9486 | 9486 | |
| MISC ADMIN | 4182 | 4182 | |
| ART FOR A CAUSE EXPENSE | 2913 | 2913 | |
| PERSONNEL EXPENSES | 635 | 635 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 982923 | Total |
| Program Services | 698490 | ProgramServices |
| Management And General | 117377 | ManagementAndGeneral |
| Fundraising | 167056 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 75755 | BOY |
| EOY | 35671 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 843557 | BOY |
| EOY | 515253 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 820819 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 762 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 236 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 635 | BOY |
| EOY | 526 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 700603 | EOY |
Intangible Assets IntangibleAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1021 | BOY |
| EOY | 2263 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 68539 | BOY |
| EOY | 65626 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 989507 | BOY |
| EOY | 2140761 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9759 | BOY |
| EOY | 38672 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 700015 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9759 | BOY |
| EOY | 738687 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 979748 | BOY |
| EOY | 702074 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 700000 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 979748 | BOY |
| EOY | 1402074 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 989507 | BOY |
| EOY | 2140761 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | 422326 | ReconcilationRevenueExpenses |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | false | FSAudited |
| Federal Grant Audit Required | false | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org170b1 Avi | X | PubliclySupportedOrg170b1Avi |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | 41059 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 693091 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 953377 | CurrentTaxYearMinus1Year |
| Current Tax Year | 1433317 | CurrentTaxYear |
| Total | 3120844 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | 41059 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 693091 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 953377 | CurrentTaxYearMinus1Year |
| Current Tax Year | 1433317 | CurrentTaxYear |
| Total | 3120844 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amounts Subst Contributors Total | 2443503 | AmountsSubstContributorsTotal |
| Public Support Total170 | 677341 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | 29 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 3263 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 3557 | CurrentTaxYearMinus1Year |
| Current Tax Year | 3971 | CurrentTaxYear |
| Total | 10820 | Total |
Other Income170 OtherIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus2 Years | 238 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 7 | CurrentTaxYearMinus1Year |
| Total | 245 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 3131909 | TotalSupport |
| Gross Receipts From Admissions Etc | 944730 | GrossReceiptsFromAdmissionsEtc |
| First5 Years170 | X | First5Years170 |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Disclosed Orgs Legal Control | false | DisclosedOrgsLegalControl |
| Disclosed For Charitable Purposes | false | DisclosedForCharitablePurposes |
| Written Policy Monitoring | false | WrittenPolicyMonitoring |
| Sect170h Requirements Satisfied | false | Sect170hRequirementsSatisfied |
| Solicited Assets For Sale | false | SolicitedAssetsForSale |
| Agent Trustee Etc | false | AgentTrusteeEtc |
| Included On FS | false | IncludedOnFS |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributions | 700000 | Contributions |
| End Of Year Balance | 700000 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Term Endowment EOY Balance | 1.00000 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | false | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | false | EndowmentsHeldByRelatedOrgs |
| Are Related Orgs Listed Schedule R | false | AreRelatedOrgsListedScheduleR |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 762 | OtherCostOrOtherBasis |
| Depreciation | 236 | Depreciation |
| Book Value | 526 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 526 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| REFUNDABLE CONTRIBUTION | $700,000 |
| PAYROLL LIABILITIES | $15 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 700015 | TotalOfAmounts |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | INTENDED USES FOR ENDOWMENT FUNDS | Identifier |
| Return Reference | SCHEDULE D, PAGE 2, PART V, LINE 4 | ReturnReference |
| Explanation | THE FUNDS ARE SET ASIDE FOR EXPENSES DIRECTLY OR INDIRECTLY RELATED TO THE DEVELOPMENT AND CONSTRUCTION OF THE CHILDREN'S HOSPITAL. | Explanation |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Special Fundraising Events | X | SpecialFundraisingEvents |
| Agreement Ref Fundraising | true | AgreementRefFundraising |
Fundraiser Activity Information FundraiserActivityInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Individual | FRANKEL MEDIA GROUP | NameOfIndividual |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 105 SW 128TH ST SUITE 200 | AddressLine1 |
| City | TIOGA | City |
| State | FL | State |
| ZIP Code | 32669 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activity | MEDIA | Activity |
| Fundraiser Control Of Funds | false | FundraiserControlOfFunds |
| Amount Retained By Contractor | 140983 | AmountRetainedByContractor |
| Net To Organization | -140983 | NetToOrganization |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Retained By Contractors | 140983 | TotalRetainedByContractors |
| Total Net To Organization | -140983 | TotalNetToOrganization |
| Licensed States | FL | LicensedStates |
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | NOCHE DE GALA | NameOfEvent1 |
| Gross Receipts Event1 | 557632 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 85500 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 472132 | GrossRevenueEvent1 |
| Food And Beverage Event1 | 79725 | FoodAndBeverageEvent1 |
| Entertainment Event1 | 9000 | EntertainmentEvent1 |
| Other Direct Expenses Event1 | 415446 | OtherDirectExpensesEvent1 |
| Gross Receipts Total | 557632 | GrossReceiptsTotal |
| Charitable Contributions Total | 85500 | CharitableContributionsTotal |
| Gross Revenue Total Events | 472132 | GrossRevenueTotalEvents |
| Food And Beverage Total Events | 79725 | FoodAndBeverageTotalEvents |
| Entertainment Total Events | 9000 | EntertainmentTotalEvents |
| Other Direct Expenses Total Events | 415446 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 504171 | DirectExpenseSummaryEvents |
| Net Income Summary | -32039 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | true | RecordsMaintained |
Recipient Table RecipientTable
Recipient Name Business RecipientNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | UNIVERSITY OF FLORIDA | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 207 TIGERT HALL | AddressLine1 |
| City | GAINESVILLE | City |
| State | FL | State |
| ZIP Code | 32611 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN Of Recipient | 596002052 | EINOfRecipient |
| IRC Section | 170 | IRCSection |
| Amount Of Cash Grant | 255000 | AmountOfCashGrant |
| Purpose Of Grant | PEDIATRIC EMERG. RM. | PurposeOfGrant |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Nbr Of501 C3 And Govt Grants | 1 | TotalNbrOf501C3AndGovtGrants |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS INSIDE THE UNITED STATES | Identifier |
| Return Reference | SCHEDULE I, PAGE 1, PART I, LINE 2 | ReturnReference |
| Explanation | THE ORGANIZATION MONITORS THE USE OF THESE FUNDS THROUGH THE SEBASTIAN FERRERO FOUNDATION FUND AT THE UNIVERSITY OF FLORIDA. THE ORGANIZATION IS IN THE PROCESS OF FINALIZING A MEMORANDUM OF UNDERSTANDING AND GIFT AGREEMENT WITH THE UNIVERSITY OF FLORIDA. | Explanation |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 46 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 12455 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | VALUE PER DONOR | MethodOfDeterminingRevenues |
Clothing And Household Goods ClothingAndHouseholdGoods
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Noncash Contribs Rptd F990 | 20523 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | VALUE PER DONOR | MethodOfDeterminingRevenues |
Collectibles Collectibles
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 12 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 3084 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | VALUE PER DONOR | MethodOfDeterminingRevenues |
Food Inventory FoodInventory
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 7 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 7125 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | VALUE PER DONOR | MethodOfDeterminingRevenues |
Other Non Cash Contributions Table OtherNonCashContributionsTable (3 entries)
| Non Cash CheckboxNonCashCheckbox | DescriptionDescription | Number Of ContributionsNumberOfContributions | Noncash Contribs Rptd F990NoncashContribsRptdF990 | Method Of Determining RevenuesMethodOfDeterminingRevenues |
|---|---|---|---|---|
| X | CERTIFICATES | 29 | 5951 | VALUE PER DONOR |
| X | VACATIONS | 2 | 1325 | VALUE PER DONOR |
| X | OTHER | 4 | 551 | VALUE PER DONOR |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | false | ReviewProcessUnusualNCGifts |
| Third Parties Used | false | ThirdPartiesUsed |
Form990 Schedule M Part II Form990ScheduleMPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SUPPLEMENTAL INFORMATION | Identifier |
| Return Reference | SCHEDULE M, PAGE 2, PART II | ReturnReference |
| Explanation | THE SEBASTIAN FERRERO FOUNDATION, INC. IS REPORTING IN COLUMN (B) OF PART I THE NUMBER OF ITEMS CONTRIBUTED AND NOT THE NUMBER OF CONTRIBUTIONS RECEIVED. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (7 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| ORGANIZATION'S MISSION | FORM 990 - ORGANIZATION'S MISSION | THE PURPOSE OF THE SEBASTIAN FERRERO FOUNDATION IS TO ADVOCATE AND FUNDRAISE FOR A STATE OF THE ART, FULL SERVICE CHILDREN'S HOSPITAL IN GAINESVILLE, FLORIDA WHILE PROMOTING EXCELLENCE IN PATIENT SAFETY AND INSURING THAT ALL FAMILIES ARE TREATED WITH COMPASSION, COURTESY AND DIGNITY. |
| ADDITIONAL INFORMATION | FORM 990, PART VI | LINE 12A- CONFLICT OF INTEREST POLICY ALTHOUGH THE ORGANIZATION DOES NOT HAVE A FORMAL CONFLICT OF INTEREST POLICY, ARTICLE IV, SECTION 12 OF THE BYLAWS ADDRESS THE ISSUE OF A CONFLICT OF INTEREST IN RELATION TO TEH BOARD OF DIRECTORS. THE BYLAWS STATE THAT A DIRECTOR IS EXPECTED TO EXERCISE HIS OR HER POWERS IN THE INTEREST OF THE ORGANIZATION AND NOT IN THEIR INDIVIDUAL INTEREST OR FOR ANY OTHER PERSON OR ENTITY. ANY DIRECTOR WHO HAS A POTENTIAL CONFLICT OF INTEREST WITH THE BUSINESS OF THE ORGANIZATION MUST DISCLOSE THE POTENTIAL CONFLICT AND RECUSE THEMSELVES FROM ANY ACTION RELATED TO THE CONFLICT. |
| RELATED PARTY INFORMATION AMONG OFFICERS | FORM 990, PAGE 6, PART VI, LINE 2 | LUISA CANNELLA FERRERO HORST FERRERO DIRECTOR PRESIDENT FAMILY RELATIONSHIP |
| DOCUMENTATION BY COMMITTEE | FORM 990, PAGE 6, PART VI, LINE 8B | THE EXECUTIVE COMMITTEE HAS AN AGENDA FOR EVERY MEETING. HOWEVER, THE COMMITTEE DOES NOT KEEP MINUTES. |
| ORGANIZATION'S PROCESS USED TO REVIEW FORM 990 | FORM 990, PAGE 6, PART VI, LINE 11B | A DETAILED REVIEW OF THE FINAL FORM 990 IS CONDUCTED BY HORST FERRERO, PRESIDENT OF THE BOARD OF DIRECTORS, AND GIL LEVY, TREASURER OF THE BOARD OF DIRECTORS. A FINAL COPY OF THE FORM 990 IS SENT TO ALL BOARD MEMBERS FOR REVIEW PRIOR TO FILING. |
| COMPENSATION PROCESS FOR TOP OFFICIAL | FORM 990, PAGE 6, PART VI, LINE 15A | THE FOUNDATION HAS A COMPENSATION POLICY USED TO DETERMINE THE SALARY OF THE TOP MANAGEMENT OFFICIAL. THE BOARD OF DIRECTORS USES COMPENSATION SURVEYS FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS. THE PERFORMANCE AND THE COMPENSATION OF THE EXECUTIVE DIRECTOR SHALL BE FORMALLY REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS PERIODICALLY AND THE DELIBERATIONS REFLECTED IN THE MEETING MINUTES. |
| GOVERNING DOCUMENTS DISCLOSURE EXPLANATION | FORM 990, PAGE 6, PART VI, LINE 19 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. |
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