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The Miami Foundation

Miami, FL · EIN 65-0350357 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for calendar year 2025 (tax year 2025) · View the filing · Correct or respond

The Miami Foundation reported $156.0 million in revenue and $141.8 million in expenses for calendar year 2025. Of every $100 it spent, $94.85 went to program services, $4.24 to management and general costs and $0.91 to fundraising. Its largest source of revenue was contributions and grants: 72.9% of the total. The highest compensation it reported for one person was $580,094 (PRESIDENT AND CEO). 19 people received more than $100,000 in reportable compensation. Revenue rose 119% between 2019 and 2025. Source: Form 990, 2025.

Where $100 of spending went

Calendar year 2025 · Form 990, Part IX, line 25 · total expenses $142M

For context, the median across 1,001 covered philanthropy, voluntarism & grantmaking charities: $91.65 programs, $6.50 management, $1.85 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2025 · Form 990, Part VIII · total revenue $156M

The 990 scorecard · same measures for every charity, no grades

2025 filing. Median across 1,001 covered charities in this category, from their latest filings.
Measure2025Median
Program services
Part IX 25(B) ÷ 25(A)
94.8%90.2%
Management & general
Part IX 25(C) ÷ 25(A)
4.2%6.4%
Fundraising
Part IX 25(D) ÷ 25(A)
0.9%1.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.01$0.02
Contributions & grants share of revenue
Part VIII 1h ÷ 12
72.9%79.9%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%0.0%
Program service revenue share
Part VIII 2g ÷ 12
2.0%0.0%
Highest reported compensation
Part VII-A, columns D–F
$580,094$325,675
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.41%1.56%
People paid over $100,000
Part VII, line 2
193
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
44.956.6
Independent voting board members
Part VI 1a–1b
21 of 21100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2025 · Form 990, Part III · the three largest programs by expense
$134M expenses · 100.0% of program spending · grants $126M · revenue $3.2M

The Miami Foundation invests in a stronger miami with a focus on building a more equitable, resilient community for all. Through organization endowments, grants, and community-wide initiatives such as give miami day, the Miami Foundation partners with nonprofits to support meaningful change. The foundation leads signature grant programs that strengthen our nonprofit ecosystem, including in the arts and economy, and by mobilizing the region to tackle critical issues such as climate resilience and civic involvement

Highest reported compensation

2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
PRESIDENT AND CEO
Officer, 50.00 hrs/week
$540,479$0$39,615$580,094
DIRECTOR (PRESS FORWARD)
Key employee, 50.00 hrs/week
$243,328$0$22,820$266,148
VP OF STRATEGIC COMMUNICATIONS
Key employee, 50.00 hrs/week
$209,315$0$32,349$241,664
VP OF COMMUNITY INVESTMENTS
Key employee, 50.00 hrs/week
$203,609$0$25,421$229,030
SENIOR DIRECTOR (PRESS FORWARD)
Highest compensated employee, 50.00 hrs/week
$194,731$0$20,172$214,903
VP OF PHILANTHROPY
Key employee, 50.00 hrs/week
$191,628$0$22,613$214,241
VP FOR FINANCE AND CFO
Officer, 50.00 hrs/week
$188,641$0$21,551$210,192
VP OF COLLECTIVE IMPACT
Key employee, 50.00 hrs/week
$185,032$0$20,437$205,469

19 people received more than $100,000 in reportable compensation from The Miami Foundation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $2.1M (Part IX, line 5).

7 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$50M$100M$150M$200M2019202020212022202320242025$156M$142M
FilingRevenueExpensesProgramsNet assetsTop pay
2025 ⓘ$156M$142M94.8%$531M$580,094
2024 ⓘ$139M$144M95.3%$494M$499,997
2023 ⓘ$134M$79M92.3%$489M$428,234
2022 ⓘ$114M$81M92.7%$399M$386,286
2021 ⓘ$147M$70M93.1%$424M$333,608
2020 ⓘ$74M$83M94.4%$339M$183,494
2019 ⓘ$71M$68M92.6%$325M$335,503

Governance answers, as filed

2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b21 · 21 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bYes
  • Employees Part I, line 570
  • Volunteers Part I, line 688

Largest outside contractors

2025 · Form 990, Part VII, Section B · businesses only
SEI
Investment advisory
$1,132,677
THE M NETWORK INC
Marketing and printing
$263,909
RADICAL PARTNERS LLC
Consulting services
$236,600
DON'T STOP PRODUCTIONS LLC
Consulting services
$212,082
LEBEC LLC
Consulting services
$135,000

Individuals listed as contractors are left out. 9 contractors were paid more than $100,000 in all.

Private foundation grants it received

64 private foundations reported grants to The Miami Foundation totaling $76M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from The Miami Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for The Miami Foundation, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All philanthropy, voluntarism & grantmaking charities · Largest charities in Florida

Questions people ask

How much of The Miami Foundation's spending goes to programs?

In calendar year 2025, The Miami Foundation reported that 94.8% of its $141.8 million in expenses went to program services, 4.2% to management and general and 0.9% to fundraising (Form 990, Part IX).

How much does The Miami Foundation pay its top executive?

The largest total compensation The Miami Foundation reported for one person in calendar year 2025 was $580,094, for the role of PRESIDENT AND CEO (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does The Miami Foundation get its money?

Of $156.0 million in revenue in calendar year 2025, 72.9% came from contributions and grants and 2.0% from program service revenue (Form 990, Part VIII).

Is The Miami Foundation a registered charity?

The IRS lists EIN 65-0350357 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024, 2025. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2025: Form 990 for calendar year 2025, object 202632599349301468 · read the filing
  • 2024: Form 990 for calendar year 2024, object 202502379349301125 · read the filing
  • 2023: Form 990 for calendar year 2023, object 202402689349300135 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202332659349301603 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202211579349300011 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202112589349301946 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202003179349304230 · read the filing

All filings for EIN 65-0350357: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.