2023 Tax Return Form 990

39421 KEY BISCAYNE COMMUNITY FOUNDATION 30-0239421 ph:305-361-2770 Platform Version: 23.3.7 Federal Version: 23.3.8

2023 Federal Diagnostics

Prepared by: ALEJANDRO TRUJILLO 11/11/2024 07:27 AM smit

Critical Messages None

Electronic Filing Signature officer first and/or last name are blank or contains only non-alpha characters; Enter on Contributor/Officer>Officer Information>Officer-2 tab IRS requests the SSN of officer signing return; if foreign officer with no SSN, enter 888-00-8888 on Contributor/Officer>Officer Information>Officer-2 tab; to opt out, enter 999-00-9999 990, 990-EZ, 990-PF, or 990-N Return does not qualify for electronic filing because: Signature date is blank on Screen Elf Enter PIN information on Screen ELF or sign and attach Form 8453-TE as a PDF file with the description 8453 Signature Document; select Edit > Electronic Filing Attachments

Informational Messages Force field entered with data "1,253,287" on Screen PSA Force field entered with data "2,418,742" on Screen PSA IRS regulations require any entity with an EIN to update the Responsible Party information within 60 days of any change by filing Form 8822-B, Change of Address or Responsible Party One or more contributor address is incomplete in View > Contributor/Officer > Contributor Information Form 8868 for Form 990/990-EZ extension previously printed; verify extended due date in Screen Ext Organization contact email is blank in the electronic record for firm contact information; Organization email is updated on screen Contact Exclude Schedule B from income option marked in Contributor Information window (View > Contributor/Officer > Contributor Information) 990, Part III total program service revenue does not match 990, Part VIII, line 2g total program service revenue Contributor STEPHEN M. & ALICE M. TAKACH is not reported on Schedule B because the first special rule is calculated and total contributions are less than 2% of the amount on Form 990, Part VIII, line 1h or Form 990-EZ, line 1 Contributor MIAMI DADE COUNTY is not reported on Schedule B because the first special rule is calculated and total contributions are less than 2% of the amount on Form 990, Part VIII, line 1h or Form 990-EZ, line 1 Contributor VILLAGE OF KEY BISCAYNE is not reported on Schedule B because the first special rule is calculated and total contributions are less than 2% of the amount on Form 990, Part VIII, line 1h or Form 990-EZ, line 1 Contributor MIAMI DADE COUNTY COMMISSION DISTRIC is not reported on Schedule B because the first special rule is calculated and total contributions are less than 2% of the amount on Form 990, Part VIII, line 1h or Form 990-EZ, line 1 Contributor SARF FAMILY FOUNDATION is not reported on Schedule B because the first special rule is calculated and total contributions are less than 2% of the amount on Form 990, Part VIII, line 1h or Form 990-EZ, line 1 Contributor ROYAL CARIBBEAN is not reported on Schedule B because the first special rule is calculated and total contributions are less than 2% of the amount on Form 990, Part VIII, line 1h or Form 990-EZ, line 1 Contributor RUNSIGNUP is not reported on Schedule B because the first special rule is calculated and total contributions are less than 2% of the amount on Form 990, Part VIII, line 1h or Form 990-EZ, line 1 Contributor PERSHING is not reported on Schedule B because the first special rule is calculated and total contributions are less than 2% of the amount on Form 990, Part VIII, line 1h or Form 990-EZ, line 1 Contributor ELISBURG FAMILY FOUNDATION is not reported on Schedule B because the first special rule is calculated and total contributions are less than 2% of the amount on Form 990, Part VIII, line 1h or Form 990-EZ, line 1 Contributor GARY GROSS is not reported on Schedule B because the first special rule is calculated and total contributions are less than 2% of the amount on Form 990, Part VIII, line 1h or Form 990-EZ, line 1 Contributor RICHARD & KATIA GOLDSTEIN is not reported on Schedule B because the first special rule is calculated and total contributions are less than 2% of the amount on Form 990, Part VIII, line 1h or Form 990-EZ, line 1 Contributor ALAN FEIN & SUSAN WESTFALL is not reported on Schedule B because the first special rule is calculated and total contributions are less than 2% of the amount on Form 990, Part VIII, line 1h or Form 990-EZ, line 1 Contributor MEREDYTH ANNE DASBURG is not reported on Schedule B because the first special rule is calculated and total contributions are less than 2% of the amount on Form 990, Part VIII, line 1h or Form 990-EZ, line 1 Contributor AMERANT BANK is not reported on Schedule B because the first special rule is calculated and total contributions are less than 2% of the amount on Form 990, Part VIII, line 1h or Form 990-EZ, line 1 Contributor THE MUNOZ FAMILY is not reported on Schedule B because the first special rule is calculated and

39421 KEY BISCAYNE COMMUNITY FOUNDATION 30-0239421 ph:305-361-2770 Platform Version: 23.3.7 Federal Version: 23.3.8

2023 Federal Diagnostics

Prepared by: ALEJANDRO TRUJILLO 11/11/2024 07:27 AM smit

Informational Messages (cont.) total contributions are less than 2% of the amount on Form 990, Part VIII, line 1h or Form 990-EZ, line 1 Contributor COLEY & SCOTT SIEGEL is not reported on Schedule B because the first special rule is calculated and total contributions are less than 2% of the amount on Form 990, Part VIII, line 1h or Form 990-EZ, line 1 Contributor GATES FOUNDATION is not reported on Schedule B because the first special rule is calculated and total contributions are less than 2% of the amount on Form 990, Part VIII, line 1h or Form 990-EZ, line 1 Contributor COMMISSION DISTRICT 7 is not reported on Schedule B because the first special rule is calculated and total contributions are less than 2% of the amount on Form 990, Part VIII, line 1h or Form 990-EZ, line 1 Contributor BERKSHIRE HATHAWAY is not reported on Schedule B because the first special rule is calculated and total contributions are less than 2% of the amount on Form 990, Part VIII, line 1h or Form 990-EZ, line 1 Contributor PHYTO USA is not reported on Schedule B because the first special rule is calculated and total contributions are less than 2% of the amount on Form 990, Part VIII, line 1h or Form 990-EZ, line 1 Contributor HARRY'S CHOCOLATE SHOP, INC is not reported on Schedule B because the first special rule is calculated and total contributions are less than 2% of the amount on Form 990, Part VIII, line 1h or Form 990-EZ, line 1 Contributor THE KIRK FOUNDATION is not reported on Schedule B because the first special rule is calculated and total contributions are less than 2% of the amount on Form 990, Part VIII, line 1h or Form 990-EZ, line 1 Contributor O. MIAMI is not reported on Schedule B because the first special rule is calculated and total contributions are less than 2% of the amount on Form 990, Part VIII, line 1h or Form 990-EZ, line 1 Contributor A ZERO WASTE CULTURE INC is not reported on Schedule B because the first special rule is calculated and total contributions are less than 2% of the amount on Form 990, Part VIII, line 1h or Form 990-EZ, line 1 Return does not qualify for electronic signature for the following reasons: Email address is missing Officer social security number is missing Form 990, Part X, line 27 end of year net assets without donor restrictions is calculated Default tax-exempt status is 501(c)(3) Preparer 'ALEJANDRO TRUJILLO'

**MISSING IMAGE - P:\Logos\New project\new_GSMDT logo UT.bmp** November 11, 2024 CONFIDENTIAL KEY BISCAYNE COMMUNITY FOUNDATION INC 240 CRANDON BLV 108 KEY BISCAYNE, FL 33149 Dear :

Garcia Santa Maria De Armas Trujillo PLLC ("firm," "we," "us," or "our") is pleased to provide you with the professional services described below. This letter and any other attachments incorporated herein (collectively, "Agreement"), confirm our understanding of the terms and objectives of our engagement and the nature and limitations of the services we will provide. The engagement between you and our firm will be governed by the terms of this Agreement.

We will prepare your 2023 federal and state income tax returns from information which you will furnish to us. We will not prepare any tax returns other than those identified, without your written request, and our written consent to do so. We will rely upon the completeness and accuracy of the information and representations you provide to us to prepare your tax returns. We will not prepare financial statements or perform valuations of any kind. We will not audit or otherwise verify the data you submit to us, although we may ask you to clarify certain information.

We will prepare the above-referenced tax returns solely to assist you with your tax filing obligations with the Internal Revenue Service ("IRS") and applicable state and local tax authorities. Our work is not intended to benefit or influence any third party, including any entity or investment which may seek to evaluate your creditworthiness or financial strength. You agree to indemnify and hold us harmless from any and all claims arising from the use of the tax returns for any purpose other than complying with your tax filing obligations regardless of the nature of the claim, excepting claims arising from our gross negligence or intentional wrongful acts.

Our engagement does not include any procedures designed to detect errors, fraud, theft, or other wrongdoing. Therefore, our engagement cannot be relied upon to disclose such matters. In addition, we are not responsible for identifying or communicating deficiencies in your internal controls. You are responsible for developing and implementing internal controls applicable to your operations.

Assisting you with your compliance with the Corporate Transparency Act ("CTA"), including beneficial ownership information ("BOI") reporting, is not within the scope of this engagement. You have sole responsibility for your compliance with the CTA, including its BOI reporting requirements and the collection of relevant ownership information. We shall have no liability resulting from your failure to comply with CTA. Information regarding the BOI reporting requirements can be found at <https://www.fincen.gov/boi> .

Consider consulting with legal counsel if you have questions regarding the applicability of the CTA's reporting requirements and issues surrounding the collection of relevant ownership information.

You may request that we perform additional services not contemplated in this

engagement letter. If this occurs, we will communicate with you regarding the scope and estimated cost of these additional services. Engagements for additional services may necessitate that we amend the Agreement or issue a separate agreement to reflect the obligations of all parties. In the absence of any other written communications from us documenting additional services, our services will be limited to and governed by the terms of this Agreement.

CPA Firm Responsibilities It is our duty to prepare your returns based on the same standard of care that a reasonable tax return preparer would exercise in this type of engagement. Unless otherwise noted, the applicable standard of care for a "reasonable tax return preparer" shall be based upon the following pronouncements: ·

the Statements on Standards for Tax Services ("SSTS") issued by the American Institute of Certified Public Accountants ("AICPA");

·

U.S. Treasury Department Circular 230 ("Circular 230"); and

·

the Internal Revenue Code, Treasury Regulations, and any applicable state/local corollaries (collectively, "the Code").

As tax return preparers, these pronouncements also prohibit us from signing a tax return unless we have a reasonable belief that there is substantial authority for tax positions taken on the tax return, or we have a reasonable basis for tax return positions taken on the return which are disclosed as required by the Code. If you request that we report a tax position on your return which we feel is contrary to published guidance, frivolous, or a willful attempt to evade tax, we will be unable to proceed. If you are unwilling to disclose a position where required or we conclude that your failure to disclose does not permit us to sign your tax return, we will be unable to proceed.

It is your responsibility to safeguard your assets and maintain accurate records pertaining to transactions. We will not hold your property in trust for you, or otherwise accept fiduciary duties in the performance of the engagement.

We may, from time to time, and dependeng on the circumanstances, use third-party service providers in serving your account. We may share confidential information about you with these service providers but remain committed to maintaining the confidentiality and security of your information. Accordingly, we maintain internal policies, procedures, and safeguards to protect the confidentiality of your personal information. In addition, we will secure confidentiality agreements with all service providers to maintain the confidentiality of your informationand will take resonable percautions to determine they have appropriate procedures in place to prevent the unauthorized release of your confidential information to others. In the event that we are unable to secure a confidentiality agremeent, you will be asked to provide your consent prior to the sharing of your confidential information with a third party service provider.

Garcia Santa Maria De Armas Trujillo PLLC will not make any management decisions or perform management functions on your behalf.

Arguable positions If there are conflicting interpretations of tax law, or if tax law is unclear, we will explain the possible positions that may be taken in order for us to sign your return. We will

follow the position you request, provided it is consistent with our understanding of tax reference materials and our professional standards. Tax reference materials include, but are not limited to, the Code, Revenue Rulings, Revenue Procedures, court cases, and similar state and local guidance. If the IRS, state or local tax authorities later contest the position you select, additional tax, penalties, and interest may be assessed. You will be responsible for these amounts, as well as any related professional fees you may incur, to respond to the tax authority.

Bookkeeping assistance We may deem it necessary to provide you with accounting and bookkeeping assistance solely for the purpose of preparing the tax returns. These services will be performed solely in accordance with the AICPA Code of Professional Conduct. In the event we conclude that such services are necessary to prepare your tax returns, we will advise you in writing before services are performed and bill you for the required services. These services will be billed at our standard hourly rates and will be subject to the terms of this Agreement.

Tax planning services Our engagement does not include tax advice which would impact future tax years.

However, we may communicate potential tax strategies to you, and you may ask highlevel questions of us. It is your responsibility to communicate to us, in writing, any interest in pursuing a tax strategy identified, or if you require more than a cursory response to your question. If we determine that assisting you with the implementation of any proposed tax strategy, or responding to your question requires additional research, analysis, discussion, or documentation, we will confirm our understanding with you in writing prior to proceeding.

We shall not be liable for any forgone tax or other benefits if you fail to advise us of your desire to investigate or pursue any tax strategy communicated to or by us. Any tax advice described in this paragraph and provided to you shall be governed by this Agreement and billed at our standard hourly rates.

Government inquiries This engagement does not include responding to inquiries by any governmental agency or tax authority. If you are contacted by a tax authority, either for an examination or other inquiry, you may request our assistance in responding.

Our work in connection with the preparation of your income tax returns does not include any procedures designed to discover defalcations and/or irregularities, should any exist.

We will render such accounting and bookkeeping assistance as determined to be necessary for preparation of the income tax returns.

Third party requests We will not respond to any request from banks, mortgage brokers or others for verification of any information reported on these tax returns. We do not communicate with third parties or provide them with copies of tax returns.

Reliance on others There may be times when you engage another advisor to assist you. If you wish to take a tax position based upon the advice of another advisor, before we are able to sign your tax

return, we must comply with the applicable provisions of the Code and the SSTS. We will review the other advisor's work, including a written statement from the advisor describing the statutory basis for the position and the suggested disclosure standard to appropriately report the position. If additional research or disclosure is required, you agree to pay for the additional charges necessary to complete the disclosure or research.

Moreover, you understand that the IRS, state or local tax authority may disagree with the position taken on the return. If this occurs, you will be responsible for any additional tax, penalties and interest, as well as any related professional fees, you may incur.

If, after review of the work prepared by your other advisor, we determine that we are unable to sign the tax return, we will be unable to proceed.

Aggressive tax strategies Certain tax positions or strategies, while not currently identified as a reportable transaction by the IRS, may ultimately be determined to be so in the future. Consequently, you agree to advise us of any transaction you enter into that entitles you to disproportionate tax benefits (deductions, credits, or refunds), that generates significant income deferral or non-recognition, or that generates significant tax losses without corresponding cash impacts ("aggressive tax strategy"). If you fail to timely notify us, in writing, of any aggressive tax strategy you have entered into, you will be responsible for any liability, including but not limited to, additional tax, penalties, interest and related professional fees.

Client Responsibilities You acknowledge and agree that your failure to comply with the responsibilities enumerated in this section may result in economic or other loss to you, such as disallowance of tax deductions or credits claimed, additional tax, penalties or interest assessed against you, or loss of administrative rights. You agree to accept responsibility for any consequences of your failure to fulfill your responsibilities.

You will provide us with a trial balance and other supporting data necessary to prepare your tax returns. You are responsible for providing us with accurate and complete information, including income and activities outside of the U.S. or your home state.

Online access to information To the extent you provide our firm with access to electronic data via a local or online database from which we will download your trial balance or other information, you agree that the data is accurate as of the date and time you authorize it to be downloaded.

Unrelated business taxable income Entities that have received tax-exempt status from the IRS may still owe tax if they have unrelated business taxable income ("UBTI"). An entity which has taxable income from a trade or business activity not substantially related to its tax-exempt purpose or from debtfinanced property (or receives a K-1 with similar activity) may have UBTI that must be reported separately. You are responsible for informing us of any potential UBTI or activities which you conduct that are not directly related to your tax-exempt purpose.

Management responsibilities for tax-exempt organizations As a tax-exempt organization under IRC §501(c), you are subject to additional requirements to maintain your status. These requirements include: λ Restrictions on private benefits/inurement; λ Restrictions on lobbying; λ Restrictions on political activity; λ Restrictions on UBTI; λ Operating in accordance with your stated purpose; λ Maintaining state registrations related to solicitations with state charitable divisions; λ Meeting the public support test; and λ Maintaining tax-exempt status by timely filing tax returns.

By signing this Agreement, you acknowledge that: 1) failure to adhere to IRS regulations may have adverse impacts, including and up to the revocation of your tax-exempt status; 2) we have no obligation to advise you regarding the implications of management responsibilities; and 3) you will inform us of any transaction into which you may be prohibited from entering.

Substantiation requirements You are responsible for providing a donor who makes a charitable contribution of $250 or more with a written acknowledgement by the earlier of the date on which the donor files a tax return for the tax year in which the contribution was made or the due date, including extensions, for that return. In addition, you should retain a copy of this acknowledgement for your records. At your written request, we are available to provide you with written answers to your questions regarding this matter. Only written advice may be relied upon.

You agree to hold our firm harmless with respect to any liability, including but not limited to, additional tax, penalties, interest, and professional fees resulting from the disallowance of tax deductions due to inadequate substantiation.

Documentation You are responsible for maintaining adequate documentation to substantiate the accuracy and completeness of your tax returns. Our records are not a substitute for yours. You should retain all documents that provide evidence and support for reported income, credits, deductions, and other information on your returns, as required under applicable tax laws and regulations. You represent that you have such documentation and can produce it, if necessary, to respond to any examination or inquiry by tax authorities. You will be responsible for any liability, including but not limited to, additional tax, penalties, interest and related professional fees, resulting from the disallowance of tax deductions due to inadequate documentation.

Personal expenses You are responsible for ensuring that personal expenses, if any, are segregated from business expenses and that expenses such as meals, travel, vehicle use, gifts, and related expenses are supported by documentation and records required by the IRS and other tax authorities.

State and local filing obligations You are responsible for fulfilling your filing obligations with any state or local tax authorities, including but not limited to, income, franchise, sales, use, and property taxes or abandoned and unclaimed property. The preparation of any state or local tax return not listed above is not within the scope of our engagement. If upon review of the information you have provided to us, including information that comes to our attention, we believe that you may have additional filing obligations, we will notify you. You will be responsible for tax due and penalties associated with the failure to file or untimely filing of any form for which we were not engaged to prepare.

U.S. filing obligations related to foreign investments and activities U.S. citizens and residents generally must report income and activities related to both domestic and foreign assets (worldwide income). You are responsible for fulfilling your filing obligations related to foreign activity where required. U.S. reporting requirements related to foreign activity are very complex. Contact us immediately if you have: ·

Ownership of, investment in, or officer responsibilities for a corporation, partnership, or other business entity formed under the laws of another country;

·

Fiduciary, grantor, or beneficiary relationships in connection with an entity formed under the laws of another country;

·

Ownership of, signature authority over, or control over any financial account held in a financial institution located in another country;

·

Citizenship or government-approved employment/visa status with a country other than the U.S. (including anyone in your immediate household, or your parents who live outside the U.S.);

·

Transferred property, including cash, offshore either directly or through the purchase of or investment in an entity formed under the laws of another country;

·

Received or have legally-recognizable rights to receive property, including cash, from a trust, business, or investment formed under the laws of another country or individual residing in another country;

·

Conducted business with any entity or person physically located in another country, regardless of whether such business is for-profit, not for-profit, or informal/irregular;

·

Received property, including cash, or income from a source outside of the U.S. which is not reported on a brokerage statement (such as a 1099-B or similar report); or

·

Any other activity or economic arrangement which takes place outside of the U.S.

Based upon the information you provide, we will use this data to inform you of any additional filing requirements, which may include FinCEN Form 114, Report of Foreign Bank and Financial Accounts ("FBAR"). The FBAR is not a tax return and its preparation is not within the scope of this engagement.

Failure to timely file the required forms may result in substantial civil and/or criminal penalties. By your signature below, you agree to provide us with complete and accurate information regarding any foreign investments in which you have a direct or indirect interest, or over which you have signature authority, during the above referenced tax year.

If you have any questions regarding the application of the reporting requirements for your foreign interests or activities, please ask us and we will respond in writing. You will be responsible for tax due, penalties, and interest associated with the failure to file or untimely filing of any of these forms.

Foreign filing obligations You are responsible for complying with the tax filing requirements of any other country.

You acknowledge and agree that we have no responsibility to raise these issues with you and that foreign filing obligations are not within the scope of this engagement.

Digital assets There are specific tax implications of investing in digital assets (e.g., virtual currencies such as Bitcoin, non-fungible tokens, virtual real estate and similar assets). The IRS considers these to be property for U.S. federal income tax purposes. As such, any transactions in, or transactions that use, digital assets are subject to the same general tax principles that apply to other property transactions.

If you transacted in digital assets during the tax year, you may have tax consequences and/or additional reporting obligations associated with such transactions. Depending on the nature or volume of those transactions, a change to the scope of our services may be required. You are responsible for providing us with complete and accurate information, including basis, regarding any transactions in, or transactions that have used, digital assets during the applicable tax year.

Compensation and withholding compliance If you or your business compensates individuals (including household employees) for services performed, there are various federal, state, and/or local filing requirements affecting payroll and income tax obligations of both payor and payee. We will not provide employment, labor, or immigration law advice to you as part of our engagement, including the classification of workers as employees or independent contractors. You should seek the advice of an appropriate professional, such as an employment attorney, in order to address any classification or employment eligibility questions.

Further, you acknowledge it is your responsibility to both timely obtain and/or file any and all requisite regulatory forms related to payroll and withholding regardless of jurisdiction, and to maintain all necessary documentation to support those filings. Such forms may include, but are not limited to, Forms I-9, W-2, W-4, W-8, W-9, 941, 1042, 1096, 1099, and similar state forms.

Preparation of these forms is not within the scope of this engagement.

Ultimate responsibility You have final responsibility for the accuracy of your tax returns. We will provide you with a copy of your electronic tax returns and accompanying schedules and statements for review prior to filing with the IRS, state and local tax authorities, as applicable. You agree to review and examine them carefully for accuracy and completeness.

You will be required to review and sign a completed Form 8879-EO, IRS e-file Signature Authorization for an Exempt Organization, and any similar state and local equivalent authorization forms before your returns can be filed electronically. We shall not be liable for any penalties or interest resulting from your failure to timely sign and return Form 8879 or state equivalents. We will not file an extension on your behalf if you fail to timely sign and return Form 8879 or state equivalents.

If we are unable to file your return(s) electronically, we will deliver to you a paper copy suitable for mailing to the taxing authorities. Once delivered to you, you bear full responsibility for reviewing the paper returns for accuracy, and either signing and timely filing them, along with any payments due, or notifying us of any issue which may need to be addressed prior to filing.

You have final responsibility for the payment of your taxes in whatever amount ultimately determined. If you choose, you may opt to have funds automatically withdrawn from a designated account and transmitted when your tax return is electronically filed.

We will not transmit partial payments. It is your responsibility to provide us with correct account and routing numbers, to review this information for accuracy prior to submission of your return, and to ensure that sufficient funds are available at the time of payment. We shall have no liability for any tax due, penalties, interest, or overdraft charges which may result from your failure to ensure sufficient funds are available at the time of payment.

Once your return is complete (e-file acceptance or provision of a paper copy to you), we shall have no obligation to update your returns for subsequent legislative or administrative changes or future judicial interpretations under this Agreement.

Timing of the Engagement We expect to begin our services upon receipt of this executed Agreement and retainer (if applicable).

Our services will conclude: ·

on the later of: o the latest date of electronic acceptance of your tax returns by the relevant tax authority; or o the date we deliver the paper copy of your returns to you

·

upon written notification by either party that the Agreement is terminated; or

·

one (1) year from the execution date of this Agreement, whichever comes first.

Extensions of Time to File Tax Returns The original filing due dates for your tax returns is May 15 for federal tax returns. Due to the high volume of tax returns prepared by our firm, you must provide the information needed to prepare the tax returns no later than April 15. Failure to do so may result in the inability to complete your returns by the original filing due dates.

It may become necessary to apply for an extension of the filing due dates if there are unresolved issues or delays in processing, or if we do not receive all of the necessary information from you on a timely basis. Applying for an extension of time to file may limit your ability to make certain elections, extend the time available for a government agency to undertake an examination of your return and/or extend the statute of limitations to file a legal action. If we apply for an extension of time to file because you have not provided us all of the information needed to prepare the tax returns by the original due date, you agree to hold our firm harmless from any consequences arising from any election waived. All taxes owed are due by the original filing due date. Additionally, extensions may affect your liability for penalties and interest or compliance with governmental or other deadlines.

If you wish to engage our firm to apply for extensions of time to file tax returns on your behalf, we will not file these applications unless and until we receive both an executed copy of this Agreement and your express written authorization to file for an extension. In some cases, your signature may be required on such applications prior to filing. Failure to timely request an extension of time to file can result in penalties for failure to file tax returns, which accrue from the original due date of the returns, and can be substantial.

Penalties and Interest Charges Federal, state, and local tax authorities impose various penalties and interest charges for non-compliance with tax laws and regulations, including failure to file or late filing of returns, and underpayment of taxes. You will be responsible for the payment of any additional tax, penalties, and interest charges imposed by tax authorities.

Professional Fee Our professional fee for the services outlined above is based upon the complexity of the expected work to be performed, our professional time and out-of-pocket expenses. Our professional rates are subject to change annually. Circumstances may arise that impact our estimated fee such as, but not limited to, issues encountered with the timely delivery, availability, quality, or completeness of the information you provide to us, changes in your personnel or operations that impact our services or other unanticipated items that arise during our engagement and that require additional time in order to complete the agreed-upon services. You agree that you will deliver all records requested and respond to all inquiries made by our staff to complete this engagement on a timely basis. You agree to pay all fees and expenses incurred whether or not we prepare the tax returns.

You agree that any dispute that may arise regarding the meaning, performance, or enforecement of this engagement will, prior to resorting to litigation, be submitted to mediation, and that you will engage in the mediation process in good faith once a written request to mediate has been given by either party to the engagement. Any mediation as a result of this engagement shall be administered by a law firm specializing in the mediation process, not associated with either party, and selected by us, according to its

mediation rules. Any ensuing litigation shall be conducted within the County of MiamiDade, Florida, according to Florida law. The costs of any mediation proceeding shall be shared equally by the particpating parties.

Any litigaiton arising out of this engagement, except actions by us to enforce payment of our professional fees, must be filed within 1 year from the completion of the enagegement, not withstanding any statutory provision to the contrary. In the event that litigation is brought against us, any judgement you obtain shall be limited in amount, and shall not exceed the amount of the the fee charged by us, and paid by you, for the services set forth in this engagmeent letter. ****** We appreciate the opportunity to be of service to you. Please date and execute this Agreement and return it to us to acknowledge your acceptance. We will not initiate services until we receive the executed Agreement.

This letter is to confirm and specify the terms of our engagement with you and to clarify the nature and extent of the services we will provide. In order to ensure an understanding of our mutual responsibilities, we ask all clients for whom returns are prepared to confirm the following arrangements.

We will prepare your federal and state exempt organization returns from information which you will furnish to us. We will not audit or otherwise verify the data you submit, although it may be necessary to ask you for clarification of some of the information.

It is your responsibility to provide all the information required for the preparation of complete and accurate returns. You should retain all the documents, cancelled checks and other data that form the basis of these returns. These may be necessary to prove the accuracy and completeness of the returns to a taxing authority. You have the final responsibility for the tax returns and, therefore, you should review them carefully before you sign them.

Our work in connection with the preparation of your tax returns does not include any procedures designed to discover defalcations and/or other irregularities, should any exist. We will render such accounting and bookkeeping assistance as determined to be necessary for preparation of the tax returns.

The law provides various penalties that may be imposed when taxpayers understate their tax liability. If you would like information on the amount or the circumstances of these penalties, please contact us.

Your returns may be selected for review by the taxing authorities. Any proposed adjustments by the examining agent are subject to certain rights of appeal. In the event of such government tax examination, we will be available upon request to represent you and will render additional invoices for the time and expenses incurred.

Our fee for these services will be based upon the amount of time required at standard billing rates plus out-of-pocket expenses. All invoices are due and payable upon presentation.

If the foregoing fairly sets forth your understanding, please sign the enclosed copy of this letter in the space indicated and return it to our office. However, if there are other tax returns you expect us to prepare, please inform us by noting so at the end of the return copy of this letter.

We want to express our appreciation for this opportunity to work with you.

Very truly yours,

GARCIA SANTA MARIA DE ARMAS TRUJILLO PLLC Accepted By: Date:

Forms 990 / 990-EZ Return Summary For calendar year 2023, or tax year beginning

, and ending

KEY BISCAYNE COMMUNITY FOUNDATION INC

30-0239421 11,474,831

Net Asset / Fund Balance at Beginning of Year Revenue Contributions Program service revenue Investment income Capital gain / loss Fundraising / Gaming: Gross revenue Direct expenses Net income Other income Total revenue Expenses Program services Management and general Fundraising Total expenses Excess / (deficit)

2,466,061 985,993 353,716 157,356 95,859 61,497 0 3,867,267 3,672,029 354,856 131,040 4,157,925 -290,658 1,059,312

Changes

12,243,485

Net Asset / Fund Balance at End of Year

Reconciliation of Revenue 4,637,095 Total revenue per financial statements Less: 1,059,312 Unrealized gains Donated services Recoveries Other Plus: Investment expenses 289,484 Other 3,867,267 Total revenue per return

Assets Liabilities Net assets

Reconciliation of Expenses 3,868,441 Total expenses per financial statements Less: Donated services Prior year adjustments Losses Other Plus: Investment expenses 289,484 Other 4,157,925 Total expenses per return

Beginning

Balance Sheet Ending

11,651,499 176,668 11,474,831

12,662,396 418,911 12,243,485

Miscellaneous Information Amended return 11/15/24 Return / extended due date Failure to file penalty

Differences

768,654

**MISSING IMAGE - P:\Logos\New project\new_GSMDT logo UT.bmp** November 11, 2024 CONFIDENTIAL KEY BISCAYNE COMMUNITY FOUNDATION INC 240 CRANDON BLV 108 KEY BISCAYNE, FL 33149 Dear : We have prepared the following returns from information provided by you without verification or audit.

Return of Organization Exempt From Income Tax (Form 990)

We suggest that you examine these returns carefully to fully acquaint yourself with all items contained therein to ensure that there are no omissions or misstatements. Attached are instructions for signing and filing each return. Please follow those instructions carefully.

Enclosed is any material you furnished for use in preparing the returns. If the returns are examined, requests may be made for supporting documentation. Therefore, we recommend that you retain all pertinent records for at least seven years.

In order that we may properly advise you of tax considerations, please keep us informed of any significant changes in your financial affairs or of any correspondence received from taxing authorities.

If you have any questions, or if we can be of assistance in any way, please call.

Sincerely,

GARCIA SANTA MARIA DE ARMAS TRUJILLO PLLC

Filing Instructions KEY BISCAYNE COMMUNITY FOUNDATION INC Exempt Organization Tax Return Taxable Year Ended December 31, 2023

Date Due:

November 15, 2024

Remittance:

None is required. Your Form 990 for the tax year ended 12/31/23 shows no balance due.

Signature:

Form 8453-TE, Exempt Organization Declaration and Signature for Electronic Filing should be signed and dated by an authorized officer of the organization and returned to: GARCIA SANTA MARIA DE ARMAS TRUJILLO 135 San Lorenzo Ave Ste 660 Coral Gables, FL 33146 Form 8453-TE will be included as an attachment to the electronic file and therefore must be signed and returned before the electronic file is transmitted to the IRS.

Other:

Your return is being filed electronically with the IRS and is not required to be mailed. If you mail a paper copy of your return to the IRS it will delay the processing of your return.

Form

8453-TE Tax Exempt Entity Declaration and Signature for E-file

OMB No. 1545-0047

2023

For calendar year 2023, or tax year beginning . . . . . . . . . . . . . . . . . . , and ending . . . . . . . . . . . . . . . .

Department of the Treasury Internal Revenue Service Name of filer

For use with Forms 990, 990-EZ, 990-PF, 990-T, 1120-POL, 4720, 8868, 5227, 5330, and 8038-CP Go to www.irs.gov/Form8453TE for the latest information.

EIN or SSN

KEY BISCAYNE COMMUNITY FOUNDATION INC

30-0239421

Type of Return and Return Information

Part I

Check the box for the type of return being filed with Form 8453-TE and enter the applicable amount, if any, from the return. Form 8038-CP and Form 5330 filers may enter dollars and cents. For all other forms, enter whole dollars only. If you check the box on line 1a, 2a, 3a, 4a, 5a, 6a, 7a, 8a, 9a, or 10a below, and the amount on that line of the return being filed with this form was blank, then leave line 1b, 2b, 3b, 4b, 5b, 6b, 7b, 8b, 9b, or 10b, whichever is applicable, blank (do not enter -0-). If you entered -0- on the return, then enter -0- on the applicable line below. Do not complete more than one line in Part I.

1a Form 990 check here . . . . . . . . .

2a Form 990-EZ check here . . . . .

3a Form 1120-POL check here . .

4a Form 990-PF check here . . . . .

5a Form 8868 check here . . . . . . . .

6a Form 990-T check here . . . . . . .

7a Form 4720 check here . . . . . . . .

8a Form 5227 check here . . . . . . . .

9a Form 5330 check here . . . . . . . .

10a Form 8038-CP check here . . .

Part II

X b Total revenue, if any (Form 990, Part VIII, column (A), line 12) .

3,867,267

1b b Total revenue, if any (Form 990-EZ, line 9) . . . . . . . . . . . . . . . . . . . . . . . 2b b Total tax (Form 1120-POL, line 22) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3b b Tax based on investment income (Form 990-PF, Part V, line 5) 4b b Balance due (Form 8868, line 3c) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5b b Total tax (Form 990-T, Part III, line 4) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6b b Total tax (Form 4720, Part III, line 1) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7b b FMV of assets at end of tax year (Form 5227, Item D) . . . . . . . . . 8b b Tax due (Form 5330, Part II, line 19) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9b b Amount of credit payment requested (Form 8038-CP, Part III, line 22) 10b

Declaration of Officer or Person Subject to Tax

11a

I authorize the U.S. Treasury and its designated Financial Agent to initiate an Automated Clearing House (ACH) electronic funds withdrawal (direct debit) entry to the financial institution account indicated in the tax preparation software for payment of the federal taxes owed on this return, and the financial institution to debit the entry to this account. To revoke a payment, I must contact the U.S. Treasury Financial Agent at 1-888-353-4537 no later than 2 business days prior to the payment (settlement) date.

I also authorize the financial institutions involved in the processing of the electronic payment of taxes to receive confidential information necessary to answer inquiries and resolve issues related to the payment.

b

If a copy of this return is being filed with a state agency(ies) regulating charities as part of the IRS Fed/State program, I certify that I executed the electronic disclosure consent contained within this return allowing disclosure by the IRS of this Form 990/990-EZ/ 990-PF (as specifically identified in Part I above) to the selected state agency(ies).

Under penalties of perjury, I declare that X I am an officer of the above named entity or

I am the person subject to tax with respect to

(name of entity) , (EIN) and that I have examined a copy of the 2023 electronic return and accompanying schedules and statements, and, to the best of my knowledge and belief, they are true, correct, and complete. I further declare that the amount in Part I above is the amount shown on the copy of the electronic return. I consent to allow my intermediate service provider, transmitter, or electronic return originator (ERO) to send the return to the IRS and to receive from the IRS (a) an acknowledgement of receipt or reason for rejection of the transmission, (b) the reason for any delay in processing the return or refund, and (c) the date of any refund.

Sign Here

,

CHAIR Signature of officer or person subject to tax

Part III

Date

Title, if applicable

Declaration of Electronic Return Originator (ERO) and Paid Preparer (see instructions)

I declare that I have reviewed the above return and that the entries on Form 8453-TE are complete and correct to the best of my knowledge. If I am only a collector, I am not responsible for reviewing the return and only declare that this form accurately reflects the data on the return.

The entity officer or person subject to tax will have signed this form before I submit the return. I will give a copy of all forms and information to be filed with the IRS to the officer or person subject to tax, and have followed all other requirements in Pub. 4163, Modernized e-File (MeF) Information for Authorized IRS e-file Providers for Business Returns. If I am also the Paid Preparer, under penalties of perjury I declare that I have examined the above return and accompanying schedules and statements, and, to the best of my knowledge and belief, they are true, correct, and complete. This Paid Preparer declaration is based on all information of which I have any knowledge.

ERO's Use Only

ERO's signature

Date

Check if also paid preparer

X ALEJANDRO TRUJILLO Firm's name (or yours if GARCIA SANTA MARIA DE ARMAS TRUJILLO self-employed), 135 SAN LORENZO AV CORAL GA FL 33146 address, and ZIP code

ERO's SSN or PTIN

Check if selfemployed

P01064712 65-0118209 Phone no. 305-448-0404 EIN

Under penalties of perjury, I declare that I have examined the above return and accompanying schedules and statements, and, to the best of my knowledge and belief, they are true, correct, and complete. Declaration of preparer is based on all information of which the preparer has any knowledge.

Print/Type preparer's name

Preparer's signature

Paid Preparer Firm's name Use Only

Firm's address

For Privacy Act and Paperwork Reduction Act Notice, see back of form.

DAA

Date

Check if selfemployed

PTIN

Firm's EIN Phone no.

Form

8453-TE (2023)

990

Form

Return of Organization Exempt From Income Tax

A For the 2023 calendar year, or tax year beginning KEY BISCAYNE B Check if applicable: C Name of organization

, and ending

COMMUNITY FOUNDATION

Name change

Doing business as Number and street (or P.O. box if mail is not delivered to street address)

Initial return Final return/ terminated

City or town, state or province, country, and ZIP or foreign postal code

D Employer identification number

E Telephone number

KEY BISCAYNE

FL 33149

3,963,126

G Gross receipts$

F Name and address of principal officer:

Application pending

GARY GROSS 240 CRANDON BLVD 108 KEY BISCAYNE FL 33149 X 501(c)(3) Tax-exempt status: 501(c) ( ) (insert no.)

4947(a)(1) or WWW.KEYBISCAYNEFOUNDATION.ORG Website: Form of organization: X Corporation Trust Association Other

Part I

30-0239421 305-361-2770

Room/suite

240 CRANDON BLV 108

Amended return

K

Open to Public Inspection

INC

Address change

I

2023

Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except private foundations) Do not enter social security numbers on this form as it may be made public.

Go to www.irs.gov/Form990 for instructions and the latest information.

Department of the Treasury Internal Revenue Service

J

OMB No. 1545-0047

H(a) Is this a group return for subordinates?

Yes

X No

H(b) Are all subordinates included?

Yes

No

If "No," attach a list. See instructions 527 H(c) Group exemption number L

Year of formation:

2004

M State of legal domicile:

FL

Summary

Activities & Governance

1 Briefly describe the organization's mission or most significant activities: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

SEE SCHEDULE O

. ................................................................................................................................................ . ................................................................................................................................................ . ................................................................................................................................................

2 Check this box if the organization discontinued its operations or disposed of more than 25% of its net assets.

3 Number of voting members of the governing body (Part VI, line 1a) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

3 4 Number of independent voting members of the governing body (Part VI, line 1b) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

4 5 Total number of individuals employed in calendar year 2023 (Part V, line 2a) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

5 6 Total number of volunteers (estimate if necessary) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

6 7a Total unrelated business revenue from Part VIII, column (C), line 12 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

7a b Net unrelated business taxable income from Form 990-T, Part I, line 11 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

7b

11 11 8 1000 0 0

Net Assets or Fund Balances

Expenses

Revenue

Prior Year

8 Contributions and grants (Part VIII, line 1h) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

9 Program service revenue (Part VIII, line 2g) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

10 Investment income (Part VIII, column (A), lines 3, 4, and 7d) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

11 Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e) . . . . . . . . . . . . . . . . . . . .

12 Total revenue – add lines 8 through 11 (must equal Part VIII, column (A), line 12) . . . . . . . .

13 Grants and similar amounts paid (Part IX, column (A), lines 1–3) . . . . . . . . . . . . . . . . . . . . . . . . .

14 Benefits paid to or for members (Part IX, column (A), line 4) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

15 Salaries, other compensation, employee benefits (Part IX, column (A), lines 5–10) . . . . . . . .

16a Professional fundraising fees (Part IX, column (A), line 11e) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b Total fundraising expenses (Part IX, column (D), line 25) . . . . . . . . . . . . .131,040 ....................

17 Other expenses (Part IX, column (A), lines 11a–11d, 11f–24e) . . . . . . . . . . . . . . . . . . . . . . . . . . . .

18 Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25) . . . . . . . . . . . . . . . .

19 Revenue less expenses. Subtract line 18 from line 12 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Current Year

4,232,114 1,232,424 70,841 74,496 5,609,875 1,040,347 0 461,227 0

2,466,061 985,993 353,716 61,497 3,867,267 1,253,287 0 754,717 0

2,565,841 4,067,415 1,542,460

2,149,921 4,157,925 -290,658

Beginning of Current Year

20 Total assets (Part X, line 16) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

21 Total liabilities (Part X, line 26) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

22 Net assets or fund balances. Subtract line 21 from line 20 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Part II

11,651,499 176,668 11,474,831

End of Year

12,662,396 418,911 12,243,485

Signature Block

Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than officer) is based on all information of which preparer has any knowledge.

Sign Here

Signature of officer

Date

GARY GROSS

CHAIR

Type or print name and title Print/Type preparer's name

Preparer's signature

Paid ALEJANDRO TRUJILLO ALEJANDRO TRUJILLO Preparer Firm's name GARCIA SANTA MARIA DE ARMAS Use Only 135 SAN LORENZO AVE STE 660 Firm's address

CORAL GABLES, FL

33146

Date

if

Check

11/11/24 self-employed

TRUJILLO

DAA

P01064712

Firm's EIN

65-0118209

Phone no.

305-448-0404

May the IRS discuss this return with the preparer shown above? See instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

For Paperwork Reduction Act Notice, see the separate instructions.

PTIN

Yes Form

No

990 (2023)

Form 990 (2023) KEY

Part III 1

BISCAYNE COMMUNITY FOUNDATION

30-0239421

Page 2

Statement of Program Service Accomplishments Check if Schedule O contains a response or note to any line in this Part III . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

X

Briefly describe the organization's mission:

SEE . . . . . .SCHEDULE ..................O ............................................................................................................................. . .................................................................................................................................................... . ....................................................................................................................................................

2

Did the organization undertake any significant program services during the year which were not listed on the prior Form 990 or 990-EZ? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

If "Yes," describe these new services on Schedule O. Did the organization cease conducting, or make significant changes in how it conducts, any program services? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

If "Yes," describe these changes on Schedule O. Describe the organization's program service accomplishments for each of its three largest program services, as measured by expenses. Section 501(c)(3) and 501(c)(4) organizations are required to report the amount of grants and allocations to others, the total expenses, and revenue, if any, for each program service reported.

3

4

Yes

X No

Yes

X No

) (Expenses $ . . . . . .3,672,029 including grants of $ . . . . . .1,253,287 ) (Revenue $ . . . . . . . . . . . . . . . . . . . . . . . . ) .................. ..................

SEE . . . . . .SCHEDULE ..................O .............................................................................................................................

4a (Code: . . . . . . . .

. .................................................................................................................................................... . .................................................................................................................................................... . .................................................................................................................................................... . .................................................................................................................................................... . .................................................................................................................................................... . .................................................................................................................................................... . .................................................................................................................................................... . .................................................................................................................................................... . .................................................................................................................................................... . ....................................................................................................................................................

4b (Code: . . . . . . . .

) (Expenses $ . . . . . . . . . . . . . . . . . . . . . . . .

including grants of $ . . . . . . . . . . . . . . . . . . . . . . . .

) (Revenue $ . . . . . . . . . . . . . . . . . . . . . . . . )

N/A . .................................................................................................................................................... . .................................................................................................................................................... . .................................................................................................................................................... . .................................................................................................................................................... . .................................................................................................................................................... . .................................................................................................................................................... . .................................................................................................................................................... . .................................................................................................................................................... . .................................................................................................................................................... . .................................................................................................................................................... . ....................................................................................................................................................

4c (Code: . . . . . . . .

) (Expenses $ . . . . . . . . . . . . . . . . . . . . . . . .

including grants of $ . . . . . . . . . . . . . . . . . . . . . . . .

) (Revenue $ . . . . . . . . . . . . . . . . . . . . . . . . )

N/A . .................................................................................................................................................... . .................................................................................................................................................... . .................................................................................................................................................... . .................................................................................................................................................... . .................................................................................................................................................... . .................................................................................................................................................... . .................................................................................................................................................... . .................................................................................................................................................... . .................................................................................................................................................... . .................................................................................................................................................... . ....................................................................................................................................................

4d Other program services (Describe on Schedule O.) (Expenses $ including grants of $ 4e Total program service expenses 3,672,029 DAA

) (Revenue $

) Form

990 (2023)

Form 990 (2023) KEY

Part IV

BISCAYNE COMMUNITY FOUNDATION

30-0239421

Page 3

Checklist of Required Schedules Yes

1 2 3 4 5 6

7 8 9

10 11 a b c d e f 12a b 13 14a b

15 16 17 18 19 20a b 21 DAA

Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)? If “Yes,” complete Schedule A . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Is the organization required to complete Schedule B, Schedule of Contributors? See instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office? If “Yes,” complete Schedule C, Part I . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Section 501(c)(3) organizations. Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year? If "Yes," complete Schedule C, Part II . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Rev. Proc. 98-19? If "Yes," complete Schedule C, Part III . . . . . . . . . . . . . . . . . . . . . . . .

Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts? If “Yes,” complete Schedule D, Part I . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Did the organization receive or hold a conservation easement, including easements to preserve open space, the environment, historic land areas, or historic structures? If “Yes,” complete Schedule D, Part II . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Did the organization maintain collections of works of art, historical treasures, or other similar assets? If “Yes,” complete Schedule D, Part III . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Did the organization report an amount in Part X, line 21, for escrow or custodial account liability; serve as a custodian for amounts not listed in Part X; or provide credit counseling, debt management, credit repair, or debt negotiation services? If “Yes,” complete Schedule D, Part IV . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Did the organization, directly or through a related organization, hold assets in donor-restricted endowments or in quasi-endowments? If “Yes,” complete Schedule D, Part V . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

If the organization's answer to any of the following questions is “Yes,” then complete Schedule D, Parts VI, VII, VIII, IX, or X, as applicable.

Did the organization report an amount for land, buildings, and equipment in Part X, line 10? If "Yes," complete Schedule D, Part VI . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Did the organization report an amount for investments—other securities in Part X, line 12, that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part VII . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Did the organization report an amount for investments—program related in Part X, line 13, that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part VIII . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Did the organization report an amount for other assets in Part X, line 15, that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part IX . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Did the organization report an amount for other liabilities in Part X, line 25? If "Yes," complete Schedule D, Part X . . . . . . . . . . . . . . .

Did the organization's separate or consolidated financial statements for the tax year include a footnote that addresses the organization's liability for uncertain tax positions under FIN 48 (ASC 740)? If "Yes," complete Schedule D, Part X . . . . . . . . . . . .

Did the organization obtain separate, independent audited financial statements for the tax year? If “Yes,” complete Schedule D, Parts XI and XII . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Was the organization included in consolidated, independent audited financial statements for the tax year? If "Yes," and if the organization answered "No" to line 12a, then completing Schedule D, Parts XI and XII is optional . . . . . . . . . . . . . . .

Is the organization a school described in section 170(b)(1)(A)(ii)? If “Yes,” complete Schedule E . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Did the organization maintain an office, employees, or agents outside of the United States? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 or more? If “Yes,” complete Schedule F, Parts I and IV . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Did the organization report on Part IX, column (A), line 3, more than $5,000 of grants or other assistance to or for any foreign organization? If “Yes,” complete Schedule F, Parts II and IV . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Did the organization report on Part IX, column (A), line 3, more than $5,000 of aggregate grants or other assistance to or for foreign individuals? If “Yes,” complete Schedule F, Parts III and IV . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Did the organization report a total of more than $15,000 of expenses for professional fundraising services on Part IX, column (A), lines 6 and 11e? If “Yes,” complete Schedule G, Part I. See instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Did the organization report more than $15,000 total of fundraising event gross income and contributions on Part VIII, lines 1c and 8a? If "Yes," complete Schedule G, Part II . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Did the organization report more than $15,000 of gross income from gaming activities on Part VIII, line 9a?

If "Yes," complete Schedule G, Part III . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Did the organization operate one or more hospital facilities? If “Yes,” complete Schedule H . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

If “Yes” to line 20a, did the organization attach a copy of its audited financial statements to this return? . . . . . . . . . . . . . . . . . . . . . . . . . .

Did the organization report more than $5,000 of grants or other assistance to any domestic organization or domestic government on Part IX, column (A), line 1? If “Yes,” complete Schedule I, Parts I and II . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

1 2

No

X X

3

X

4

X

5

X

6

X

7

X

8

X

9

X

10

X

11a

X

11b

X

11c

X X

11d 11e

X

11f

X

12a

X

12b 13 14a

X X X

14b

X

15

X

16

X

17

X

18

X X X

19 20a 20b 21

X

Form

990 (2023)

Form 990 (2023) KEY

Part IV

BISCAYNE COMMUNITY FOUNDATION

30-0239421

Page 4

Checklist of Required Schedules (continued) Yes

22 23

24a

b c d 25a b

26

27

28 a b c 29 30 31 32 33 34 35a b 36 37 38

Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals on Part IX, column (A), line 2? If “Yes,” complete Schedule I, Parts I and III . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Did the organization answer “Yes” to Part VII, Section A, line 3, 4, or 5 about compensation of the organization's current and former officers, directors, trustees, key employees, and highest compensated employees? If "Yes," complete Schedule J . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002? If “Yes,” answer lines 24b through 24d and complete Schedule K. If “No,” go to line 25a . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception? . . . . . . . . . . . . . . . . . . . . . . . . . . .

Did the organization maintain an escrow account other than a refunding escrow at any time during the year to defease any tax-exempt bonds? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Did the organization act as an “on behalf of” issuer for bonds outstanding at any time during the year? . . . . . . . . . . . . . . . . . . . . . . . . . .

Section 501(c)(3), 501(c)(4), and 501(c)(29) organizations. Did the organization engage in an excess benefit transaction with a disqualified person during the year? If “Yes,” complete Schedule L, Part I . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization's prior Forms 990 or 990-EZ? If "Yes," complete Schedule L, Part I . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Did the organization report any amount on Part X, line 5 or 22, for receivables from or payables to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons? If “Yes,” complete Schedule L, Part II . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Did the organization provide a grant or other assistance to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor or employee thereof, a grant selection committee member, or to a 35% controlled entity (including an employee thereof) or family member of any of these persons? If “Yes,” complete Schedule L, Part III . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Was the organization a party to a business transaction with one of the following parties? (See the Schedule L, Part IV, instructions for applicable filing thresholds, conditions, and exceptions).

A current or former officer, director, trustee, key employee, creator or founder, or substantial contributor? If "Yes,” complete Schedule L, Part IV . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

A family member of any individual described in line 28a? If “Yes,” complete Schedule L, Part IV . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

A 35% controlled entity of one or more individuals and/or organizations described in line 28a or 28b? If “Yes,” complete Schedule L, Part IV . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Did the organization receive more than $25,000 in noncash contributions? If “Yes,” complete Schedule M . . . . . . . . . . . . . . . . . . . . . . .

Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions? If “Yes,” complete Schedule M . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Did the organization liquidate, terminate, or dissolve and cease operations? If “Yes,” complete Schedule N, Part I . . . . . . . . . . . . . . .

Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets? If "Yes," complete Schedule N, Part II . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3? If “Yes,” complete Schedule R, Part I . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Was the organization related to any tax-exempt or taxable entity? If “Yes,” complete Schedule R, Part II, III, or IV, and Part V, line 1 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Did the organization have a controlled entity within the meaning of section 512(b)(13)? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

If "Yes" to line 35a, did the organization receive any payment from or engage in any transaction with a controlled entity within the meaning of section 512(b)(13)? If “Yes,” complete Schedule R, Part V, line 2 . . . . . . . . . . . . . . . . . . . . . . . . .

Section 501(c)(3) organizations. Did the organization make any transfers to an exempt non-charitable related organization? If “Yes,” complete Schedule R, Part V, line 2 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes? If “Yes,” complete Schedule R, Part VI . . . . . . . . . . . . . . . . . . . .

Did the organization complete Schedule O and provide explanations on Schedule O for Part VI, lines 11b and 19? Note: All Form 990 filers are required to complete Schedule O. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Part V

22

No

X

23

X

24a 24b

X

24c 24d 25a

X

25b

X

26

X

27

X

28a 28b

X X

28c 29

X X

30 31

X X

32

X

33

X

34 35a

X X

35b 36

X

37

X

38

X

Statements Regarding Other IRS Filings and Tax Compliance Check if Schedule O contains a response or note to any line in this Part V . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Yes

No

59 1a Enter the number reported in box 3 of Form 1096. Enter -0- if not applicable . . . . . . . . . . . . . . . . . . . .

1a 0 b Enter the number of Forms W-2G included on line 1a. Enter -0- if not applicable . . . . . . . . . . . . . . . .

1b c Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

1c

X

DAA

Form

990 (2023)

Form 990 (2023) KEY

Part V

BISCAYNE COMMUNITY FOUNDATION

30-0239421

Page 5 Yes No

Statements Regarding Other IRS Filings and Tax Compliance (continued)

2a Enter the number of employees reported on Form W-3, Transmittal of Wage and Tax 8 Statements, filed for the calendar year ending with or within the year covered by this return . . . . .

2a b If at least one is reported on line 2a, did the organization file all required federal employment tax returns? . . . . . . . . . . . . . . . . . . . . . . .

3a Did the organization have unrelated business gross income of $1,000 or more during the year? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b If “Yes,” has it filed a Form 990-T for this year? If “No” to line 3b, provide an explanation on Schedule O . . . . . . . . . . . . . . . . . . . . . . . . .

4a At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account)? . . . . . . . . . . . . . . . . b If “Yes,” enter the name of the foreign country . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

See instructions for filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR).

5a Was the organization a party to a prohibited tax shelter transaction at any time during the tax year? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction? . . . . . . . . . . . . . . . . . . . . . . c If “Yes” to line 5a or 5b, did the organization file Form 8886-T? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

6a Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible as charitable contributions? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b If “Yes,” did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

7 Organizations that may receive deductible contributions under section 170(c). a Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b If “Yes,” did the organization notify the donor of the value of the goods or services provided? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . d If “Yes,” indicate the number of Forms 8282 filed during the year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

7d e Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract? . . . . . . . . . . . . . . . . . . . f Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract? . . . . . . . . . . . . . . . . . . . . . . . g If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required? . . . . . h If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C? . .

8 Sponsoring organizations maintaining donor advised funds. Did a donor advised fund maintained by the sponsoring organization have excess business holdings at any time during the year? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

9 Sponsoring organizations maintaining donor advised funds. a Did the sponsoring organization make any taxable distributions under section 4966? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b Did the sponsoring organization make a distribution to a donor, donor advisor, or related person? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

10 Section 501(c)(7) organizations. Enter: a Initiation fees and capital contributions included on Part VIII, line 12 . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

10a b Gross receipts, included on Form 990, Part VIII, line 12, for public use of club facilities . . . . . . . . . .

10b 11 Section 501(c)(12) organizations. Enter: a Gross income from members or shareholders . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

11a b Gross income from other sources. (Do not net amounts due or paid to other sources against amounts due or received from them.) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

11b 12a Section 4947(a)(1) non-exempt charitable trusts. Is the organization filing Form 990 in lieu of Form 1041? . . . . . . . . . . . . . . . . . . b If “Yes,” enter the amount of tax-exempt interest received or accrued during the year . . . . . . . . . . . .

12b 13 Section 501(c)(29) qualified nonprofit health insurance issuers. a Is the organization licensed to issue qualified health plans in more than one state? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Note: See the instructions for additional information the organization must report on Schedule O. b Enter the amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

13b c Enter the amount of reserves on hand . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

13c 14a Did the organization receive any payments for indoor tanning services during the tax year? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b If “Yes,” has it filed a Form 720 to report these payments? If "No," provide an explanation on Schedule O . . . . . . . . . . . . . . . . . . . . . . .

15 Is the organization subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or excess parachute payment(s) during the year? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

If “Yes,” see instructions and file Form 4720, Schedule N. 16 Is the organization an educational institution subject to the section 4968 excise tax on net investment income? . . . . . . . . . . . . . . . . . .

If “Yes,” complete Form 4720, Schedule O. 17 Section 501(c)(21) organizations. Did the trust, any disqualified or other person engage in any activities that would result in the imposition of an excise tax under section 4951, 4952 or 4953? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

If “Yes,” complete Form 6069.

2b 3a 3b

X

4a

X

5a 5b 5c

X X

6a

X

6b

7a 7b

X

7c

X

7e 7f 7g 7h

X X

8 9a 9b

12a

13a

14a 14b

X

15

X

16

X

17 Form

DAA

X

990 (2023)

Form 990 (2023) KEY

Part VI

BISCAYNE COMMUNITY FOUNDATION

30-0239421

Page 6

Governance, Management, and Disclosure For each "Yes" response to lines 2 through 7b below, and for a "No" response to line 8a, 8b, or 10b below, describe the circumstances, processes, or changes on Schedule O. See instructions.

Check if Schedule O contains a response or note to any line in this Part VI . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . X

Section A. Governing Body and Management Yes No 1a

b 2 3 4 5 6 7a b 8 a b 9

11 Enter the number of voting members of the governing body at the end of the tax year . . . . . . . . . . . . . . . . . . . . . . .

1a If there are material differences in voting rights among members of the governing body, or if the governing body delegated broad authority to an executive committee or similar committee, explain on Schedule O. 11 Enter the number of voting members included on line 1a, above, who are independent . . . . . . . . . . . . . . . . . . . . . .

1b Did any officer, director, trustee, or key employee have a family relationship or a business relationship with any other officer, director, trustee, or key employee? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

2 Did the organization delegate control over management duties customarily performed by or under the direct supervision of officers, directors, trustees, or key employees to a management company or other person? . . . . . . . . . . . . . . . . . . . . . .

3 Did the organization make any significant changes to its governing documents since the prior Form 990 was filed? . . . . . . . . . . . . . .

4 Did the organization become aware during the year of a significant diversion of the organization’s assets? . . . . . . . . . . . . . . . . . . . . . .

5 Did the organization have members or stockholders? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

6 Did the organization have members, stockholders, or other persons who had the power to elect or appoint one or more members of the governing body? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

7a Are any governance decisions of the organization reserved to (or subject to approval by) members, stockholders, or persons other than the governing body? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

7b Did the organization contemporaneously document the meetings held or written actions undertaken during the year by the following: The governing body? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

8a Each committee with authority to act on behalf of the governing body? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

8b Is there any officer, director, trustee, or key employee listed in Part VII, Section A, who cannot be reached at the organization’s mailing address? If “Yes,” provide the names and addresses on Schedule O . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

9

X X X X X X X X X X

Section B. Policies (This Section B requests information about policies not required by the Internal Revenue Code.)

Yes No 10a Did the organization have local chapters, branches, or affiliates? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b If “Yes,” did the organization have written policies and procedures governing the activities of such chapters, affiliates, and branches to ensure their operations are consistent with the organization's exempt purposes? . . . . . . . . . . . . . . . . . . . . .

11a Has the organization provided a complete copy of this Form 990 to all members of its governing body before filing the form? . . . . b Describe on Schedule O the process, if any, used by the organization to review this Form 990.

12a Did the organization have a written conflict of interest policy? If “No,” go to line 13 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b Were officers, directors, or trustees, and key employees required to disclose annually interests that could give rise to conflicts? . c Did the organization regularly and consistently monitor and enforce compliance with the policy? If “Yes,” describe on Schedule O how this was done . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

13 Did the organization have a written whistleblower policy? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

14 Did the organization have a written document retention and destruction policy? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

15 Did the process for determining compensation of the following persons include a review and approval by independent persons, comparability data, and contemporaneous substantiation of the deliberation and decision? a The organization’s CEO, Executive Director, or top management official . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b Other officers or key employees of the organization . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

If “Yes” to line 15a or 15b, describe the process on Schedule O. See instructions.

16a Did the organization invest in, contribute assets to, or participate in a joint venture or similar arrangement with a taxable entity during the year? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b If “Yes,” did the organization follow a written policy or procedure requiring the organization to evaluate its participation in joint venture arrangements under applicable federal tax law, and take steps to safeguard the

10a

organization’s exempt status with respect to such arrangements? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

16b

X

10b 11a

X

12a 12b

X X

12c 13 14

X

15a 15b

X

16a

X X

X X

Section C. Disclosure 17 18

19 20

List the states with which a copy of this Form 990 is required to be filed . FL ...........................................................................

Section 6104 requires an organization to make its Forms 1023 (1024 or 1024-A, if applicable), 990, and 990-T (section 501(c) (3)s only) available for public inspection. Indicate how you made these available. Check all that apply.

Own website Another's website X Upon request Other (explain on Schedule O) Describe on Schedule O whether (and if so, how) the organization made its governing documents, conflict of interest policy, and financial statements available to the public during the tax year.

State the name, address, and telephone number of the person who possesses the organization's books and records.

MELISSA MCCAUGHAN WHITE KEY BISCAYNE DAA

240 CRANDON BLVD, SUITE 108

FL 33149

305-361-2770 Form

990 (2023)

Form 990 (2023) KEY

BISCAYNE COMMUNITY FOUNDATION 30-0239421 Page 7 Part VII Compensation of Officers, Directors, Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors Check if Schedule O contains a response or note to any line in this Part VII . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees 1a Complete this table for all persons required to be listed. Report compensation for the calendar year ending with or within the organization's tax year.

List all of the organization's current officers, directors, trustees (whether individuals or organizations), regardless of amount of compensation. Enter -0- in columns (D), (E), and (F) if no compensation was paid.

List all of the organization's current key employees, if any. See instructions for definition of "key employee."

List the organization's five current highest compensated employees (other than an officer, director, trustee, or key employee) who received reportable compensation (box 5 of Form W-2, box 6 of Form 1099-MISC, and/or box 1 of Form 1099-NEC) of more than $100,000 from the organization and any related organizations.

List all of the organization's former officers, key employees, and highest compensated employees who received more than $100,000 of reportable compensation from the organization and any related organizations.

List all of the organization’s former directors or trustees that received, in the capacity as a former director or trustee of the organization, more than $10,000 of reportable compensation from the organization and any related organizations.

See the instructions for the order in which to list the persons above.

Check this box if neither the organization nor any related organization compensated any current officer, director, or trustee.

• • • • •

(A) Name and title

(C) Position (do not check more than one box, unless person is both an officer and a director/trustee)

Former

Highest compensated employee

Key employee

Officer

MCCAUGHAN WHITE 40.00 EXECUTIVE DIRECTOR 0.00 (2) JORGE MENDIA, MD . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2.00 ..........

DIRECTOR 0.00 X (3) GARY GROSS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2.00 ..........

CHAIR 0.00 X (4) ANA GLORIA RIVAS-VAZQUEZ . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2.00 ..........

DIRECTOR 0.00 X (5) STEPHEN SONNABEND . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2.00 ..........

DIRECTOR 0.00 X (6) ANNE RICHARDS ROTHE . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2.00 ..........

DIRECTOR 0.00 X (7) RICHARD GOLDSTEIN . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2.00 ..........

VICE CHAIR 0.00 X (8) BILL ROHRER . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2.00 ..........

TREASURER 0.00 X (9) CLAUDINE COTO . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2.00 ..........

SECRETARY 0.00 X (10) MICHAEL C. GRAUSAM . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2.00 ..........

DIRECTOR 0.00 X (11) DANIELLE VIDAL . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2.00 ..........

DIRECTOR 0.00 X

Institutional trustee

Individual trustee or director

(B) Average hours per week (list any hours for related organizations below dotted line)

(D) Reportable compensation from the organization (W-2/ 1099-MISC/ 1099-NEC)

(E) Reportable compensation from related organizations (W-2/ 1099-MISC/ 1099-NEC)

(F) Estimated amount of other compensation from the organization and related organizations

(1) MELISSA

. ..................................................

X

140,000

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

X

0

0

0

X

0

0

0

X

0

0

0

0

0

0

0

0

X

0 Form

DAA

990 (2023)

30-0239421 Form 990 (2023) KEY BISCAYNE COMMUNITY FOUNDATION Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees (continued) Part VII (A) Name and title

Former

Highest compensated employee

Key employee

Officer

Institutional trustee

Individual trustee or director

(12)

(B) Average hours per week (list any hours for related organizations below dotted line)

(C) Position (do not check more than one box, unless person is both an officer and a director/trustee)

(D) Reportable compensation from the organization (W-2/ 1099-MISC/ 1099-NEC)

(E) Reportable compensation from related organizations (W-2/ 1099-MISC/ 1099-NEC)

Page 8

(F) Estimated amount of other compensation from the organization and related organizations

DANIEL CASTOR

(12) .......... . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2.00

0.00

DIRECTOR

X

0

0

0

(13) . ..................................................

(14) . ..................................................

(15) . ..................................................

(16) . ..................................................

(17) . ..................................................

(18) .................................................. .

(19) .................................................. .

1b c d 2

140,000 Subtotal . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Total from continuation sheets to Part VII, Section A . . . . . . . . . . .

140,000 Total (add lines 1b and 1c) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Total number of individuals (including but not limited to those listed above) who received more than $100,000 of reportable compensation from the organization 1 Yes

3

Did the organization list any former officer, director, trustee, key employee, or highest compensated employee on line 1a? If “Yes,” complete Schedule J for such individual . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

4 For any individual listed on line 1a, is the sum of reportable compensation and other compensation from the organization and related organizations greater than $150,000? If “Yes,” complete Schedule J for such individual . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

5 Did any person listed on line 1a receive or accrue compensation from any unrelated organization or individual for services rendered to the organization? If “Yes,” complete Schedule J for such person . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Section B. Independent Contractors 1 Complete this table for your five highest compensated independent contractors that received more than $100,000 of compensation from the organization. Report compensation for the calendar year ending with or within the organization's tax year.

(A)

Name and business address

2 DAA

(B)

3

X

4

X

5

X

(C)

Description of services

Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization

No

Compensation

0 Form

990 (2023)

Form 990 (2023) KEY

Part VIII

BISCAYNE COMMUNITY FOUNDATION

30-0239421

(A) Total revenue

Contributions, Gifts, Grants and Other Similar Amounts

Page 9

Statement of Revenue Check if Schedule O contains a response or note to any line in this Part VIII . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

1a Federated campaigns . . . . . . . . . . . . . b Membership dues . . . . . . . . . . . . . . . . . c Fundraising events . . . . . . . . . . . . . . . d Related organizations . . . . . . . . . . . . . e Government grants (contributions) . . . . . . . . . . f All other contributions, gifts, grants,

1a 1b 1c 1d 1e

and similar amounts not included above . . . . . .

1f

(B) Related or exempt function revenue

(C) Unrelated business revenue

(D) Revenue excluded from tax under sections 512-514

2,466,061

g Noncash contributions included in lines 1a-1f . . . . . . . . . . . . . . . . . . . . . . . . . . .

1g $ h Total. Add lines 1a–1f . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

2,466,061

Program Service Revenue

Business Code

2a . . PROGRAM . . . . . . . . . . . SERVICE . . . . . . . . . . . .REVENUE .......................... b . .................................................. c . .................................................. d . .................................................. e . .................................................. f All other program service revenue . . . . . . . . . . . . . . . . g Total. Add lines 2a–2f . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

3 Investment income (including dividends, interest, and other similar amounts) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

4 Income from investment of tax-exempt bond proceeds . . . . . . . .

5 Royalties . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (i) Real

985,993

985,993

985,993 353,716

353,716

(ii) Personal

6a Gross rents 6a b Less: rental expenses 6b c Rental inc. or (loss) 6c d Net rental income or (loss) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

7a Gross amount from (i) Securities (ii) Other

Miscellaneous Revenue

Other Revenue

sales of assets other than inventory

7a

b Less: cost or other basis and sales exps. 7b 7c c Gain or (loss) d Net gain or (loss) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

8a Gross income from fundraising events (not including $ . . . . . . . . . . . . . . . . . . . of contributions reported on line 157,356 1c). See Part IV, line 18 . . . . . . . . . . . . . .

8a 95,859 b Less: direct expenses . . . . . . . . . . . . .

8b c Net income or (loss) from fundraising events . . . . . . . . . . . . . . . . . .

9a Gross income from gaming activities. See Part IV, line 19 . . . . .

9a b Less: direct expenses . . . . . . . . . . . . .

9b c Net income or (loss) from gaming activities . . . . . . . . . . . . . . . . . . .

10a Gross sales of inventory, less returns and allowances . . . . . . .

10a b Less: cost of goods sold . . . . . .

10b c Net income or (loss) from sales of inventory . . . . . . . . . . . . . . . . . . .

61,497

Business Code

11a . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b ................................................... c ................................................... d All other revenue . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . e Total. Add lines 11a–11d . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

12 Total revenue. See instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

3,867,267

1,339,709

0 Form

DAA

0 990 (2023)

Form 990 (2023)

Part IX

KEY BISCAYNE COMMUNITY FOUNDATION

30-0239421

Page 10

Statement of Functional Expenses

Section 501(c)(3) and 501(c)(4) organizations must complete all columns. All other organizations must complete column (A).

Check if Schedule O contains a response or note to any line in this Part IX . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Do not include amounts reported on lines 6b, 7b, 8b, 9b, and 10b of Part VIII. 1

(A) Total expenses

(B) Program service expenses

(C) Management and general expenses

(D) Fundraising expenses

Grants and other assistance to domestic organizations and domestic governments. See Part IV, line 21 . . . . . . . .

920,082

920,082

2

Grants and other assistance to domestic individuals. See Part IV, line 22 . . . . . . . . . . .

333,205

333,205

3

Grants and other assistance to foreign organizations, foreign governments, and foreign individuals. See Part IV, lines 15 and 16 .

4 5

Benefits paid to or for members . . . . . . . . . . .

Compensation of current officers, directors, trustees, and key employees . . . . . . . . . . . . . .

140,000

70,000

28,000

42,000

6

Compensation not included above to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) . . . . .

7 8

Other salaries and wages . . . . . . . . . . . . . . . . .

555,118

326,540

163,270

65,308

9 Other employee benefits . . . . . . . . . . . . . . . . . .

10 Payroll taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

11 Fees for services (nonemployees): a Management . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b Legal . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c Accounting . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . d Lobbying . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . e Professional fundraising services. See Part IV, line 17 f Investment management fees . . . . . . . . . . . . . g Other. (If line 11g amount exceeds 10% of line 25, column

14,849 44,750

7,424 22,375

2,970 8,950

4,455 13,425

2,355 20,260

1,178

1,177 20,260

(A) amount, list line 11g expenses on Schedule O.) . . . . . .

34,941 53,200 25,197 7,606

25,536

34,941 21,812 25,197 7,606

12 13 14 15 16 17 18 19 20 21 22 23 24

Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions)

Advertising and promotion . . . . . . . . . . . . . . . .

Office expenses . . . . . . . . . . . . . . . . . . . . . . . . . .

Information technology . . . . . . . . . . . . . . . . . . . .

Royalties . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Occupancy . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Travel . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Payments of travel or entertainment expenses for any federal, state, or local public officials Conferences, conventions, and meetings .

Interest . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Payments to affiliates . . . . . . . . . . . . . . . . . . . . .

Depreciation, depletion, and amortization .

Insurance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

24,000

12,613

3,154

1,829,189 12,710 12,449 7,214 108,187 4,157,925

1,829,189 12,710 12,449

9,459

Other expenses. Itemize expenses not covered above. (List miscellaneous expenses on line 24e. If line 24e amount exceeds 10% of line 25, column (A) amount, list line 24e expenses on Schedule O.)

AND PROGRAM COST a . . GRANTS .........................................

FEES b . . HR .........................................

EXPENSES c . . OTHER ......................................... & SUBSCRIPTIONS d . . DUES ......................................... e All other expenses . . . . . . . . . . . . . . . . . . . . . . . .

25 Total functional expenses. Add lines 1 through 24e . . .

26 Joint costs. Complete this line only if the organization reported in column (B) joint costs from a combined educational campaign and fundraising solicitation. Check here if following SOP 98-2 (ASC 958-720) . . . . . . . . . . . .

DAA

24,000

5,852

7,214 108,187 3,672,029

354,856

131,040

Form

990 (2023)

Form 990 (2023)

Part X

KEY BISCAYNE COMMUNITY FOUNDATION

30-0239421

Page 11

Balance Sheet Check if Schedule O contains a response or note to any line in this Part X . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(A) (B) Beginning of year End of year

Net Assets or Fund Balances

Liabilities

Assets

1 2 3 4 5

Cash—non-interest-bearing . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Savings and temporary cash investments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Pledges and grants receivable, net . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Accounts receivable, net . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Loans and other receivables from any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons . . . . . . . . . . . . . . . . . . . . . . . . . .

6 Loans and other receivables from other disqualified persons (as defined under section 4958(f)(1)), and persons described in section 4958(c)(3)(B) . . . . . . . . . . .

7 Notes and loans receivable, net . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

8 Inventories for sale or use . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

9 Prepaid expenses and deferred charges . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

10a Land, buildings, and equipment: cost or other 5,801 basis. Complete Part VI of Schedule D . . . . . . . . . . . . . .

10a 5,801 b Less: accumulated depreciation . . . . . . . . . . . . . . . . . . . . .

10b 11 Investments—publicly traded securities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

12 Investments—other securities. See Part IV, line 11 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

13 Investments—program-related. See Part IV, line 11 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

14 Intangible assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

15 Other assets. See Part IV, line 11 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

16 Total assets. Add lines 1 through 15 (must equal line 33) . . . . . . . . . . . . . . . . . . . . . . . . . .

17 Accounts payable and accrued expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

18 Grants payable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

19 Deferred revenue . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

20 Tax-exempt bond liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

21 Escrow or custodial account liability. Complete Part IV of Schedule D . . . . . . . . . . . . . . .

22 Loans and other payables to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons . . . . . . . . . . . . . . . . . . . . . . . . . .

23 Secured mortgages and notes payable to unrelated third parties . . . . . . . . . . . . . . . . . . . .

24 Unsecured notes and loans payable to unrelated third parties . . . . . . . . . . . . . . . . . . . . . . .

25 Other liabilities (including federal income tax, payables to related third parties, and other liabilities not included on lines 17-24). Complete Part X of Schedule D . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

26 Total liabilities. Add lines 17 through 25 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Organizations that follow FASB ASC 958, check here X and complete lines 27, 28, 32, and 33.

27 Net assets without donor restrictions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

28 Net assets with donor restrictions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Organizations that do not follow FASB ASC 958, check here and complete lines 29 through 33.

29 Capital stock or trust principal, or current funds . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

30 Paid-in or capital surplus, or land, building, or equipment fund . . . . . . . . . . . . . . . . . . . . . . .

31 Retained earnings, endowment, accumulated income, or other funds . . . . . . . . . . . . . . . .

32 Total net assets or fund balances . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

33 Total liabilities and net assets/fund balances . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

2,113,270 273,646

1 2 3 4

1,917,468 77,900 100,000

5

1,236

9,260,347

3,000 11,651,499 26,668

6 7 8 9

10c 11 12 13 14 15 16 17 18 19 20 21

3,436

10,560,592

3,000 12,662,396 268,911

22 23 24

150,000 176,668

25 26

150,000 418,911

3,257,058 8,217,773

27 28

12,243,485

11,474,831 11,651,499

29 30 31 32 33

12,243,485 12,662,396 Form

DAA

990 (2023)

Form 990 (2023) KEY

Part XI

BISCAYNE COMMUNITY FOUNDATION

30-0239421

Page 12

Reconciliation of Net Assets

X 3,867,267 4,157,925 -290,658 11,474,831 1,059,312

Check if Schedule O contains a response or note to any line in this Part XI . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

1 2 3 4 5 6 7 8 9 10

Total revenue (must equal Part VIII, column (A), line 12) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Total expenses (must equal Part IX, column (A), line 25) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Revenue less expenses. Subtract line 2 from line 1 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Net assets or fund balances at beginning of year (must equal Part X, line 32, column (A)) . . . . . . . . . . . . . . . . . . . . . . . . .

Net unrealized gains (losses) on investments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Donated services and use of facilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Investment expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Prior period adjustments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Other changes in net assets or fund balances (explain on Schedule O) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Net assets or fund balances at end of year. Combine lines 3 through 9 (must equal Part X, line 32, column (B)) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Part XII

1 2 3 4 5 6 7 8 9 10

12,243,485

Financial Statements and Reporting Check if Schedule O contains a response or note to any line in this Part XII . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Yes

X Accrual Accounting method used to prepare the Form 990: Cash Other If the organization changed its method of accounting from a prior year or checked “Other,” explain on Schedule O. 2a Were the organization's financial statements compiled or reviewed by an independent accountant? . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

If "Yes," check a box below to indicate whether the financial statements for the year were compiled or reviewed on a separate basis, consolidated basis, or both.

Separate basis Consolidated basis Both consolidated and separate basis b Were the organization's financial statements audited by an independent accountant? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

If "Yes," check a box below to indicate whether the financial statements for the year were audited on a separate basis, consolidated basis, or both.

X Separate basis Consolidated basis Both consolidated and separate basis c If “Yes” to line 2a or 2b, does the organization have a committee that assumes responsibility for oversight of the audit, review, or compilation of its financial statements and selection of an independent accountant? . . . . . . . . . . . . . . . . . . . . . . . .

If the organization changed either its oversight process or selection process during the tax year, explain on Schedule O. 3a As a result of a federal award, was the organization required to undergo an audit or audits as set forth in the Uniform Guidance, 2 C.F.R. Part 200, Subpart F? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b If “Yes,” did the organization undergo the required audit or audits? If the organization did not undergo the required audit or audits, explain why on Schedule O and describe any steps taken to undergo such audits . . . . . . . . . . . . . . . . . . . . . .

No

1

2b

X

2c

X

3a

X

3b Form

DAA

X

2a

990 (2023)

Public Charity Status and Public Support

SCHEDULE A (Form 990)

2023

Complete if the organization is a section 501(c)(3) organization or a section 4947(a)(1) nonexempt charitable trust.

Attach to Form 990 or Form 990-EZ.

Department of the Treasury Internal Revenue Service Name of the organization

Part I

OMB No. 1545-0047

Open to Public Inspection

Go to www.irs.gov/Form990 for instructions and the latest information.

KEY BISCAYNE COMMUNITY FOUNDATION INC

Employer identification number

30-0239421

Reason for Public Charity Status. (All organizations must complete this part.) See instructions.

The organization is not a private foundation because it is: (For lines 1 through 12, check only one box.)

1 A church, convention of churches, or association of churches described in section 170(b)(1)(A)(i).

2 A school described in section 170(b)(1)(A)(ii). (Attach Schedule E (Form 990).)

3 A hospital or a cooperative hospital service organization described in section 170(b)(1)(A)(iii).

4 A medical research organization operated in conjunction with a hospital described in section 170(b)(1)(A)(iii). Enter the hospital's name, city, and state: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

5 An organization operated for the benefit of a college or university owned or operated by a governmental unit described in section 170(b)(1)(A)(iv). (Complete Part II.) 6 A federal, state, or local government or governmental unit described in section 170(b)(1)(A)(v).

7 An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi). (Complete Part II.) 8 X A community trust described in section 170(b)(1)(A)(vi). (Complete Part II.) 9 An agricultural research organization described in section 170(b)(1)(A)(ix) operated in conjunction with a land-grant college or university or a non-land-grant college of agriculture (see instructions). Enter the name, city, and state of the college or university: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

10 An organization that normally receives (1) more than 33 1/3% of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions, subject to certain exceptions; and (2) no more than 33 1/3% of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975. See section 509(a)(2). (Complete Part III.) 11 An organization organized and operated exclusively to test for public safety. See section 509(a)(4).

An organization organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of 12 one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2). See section 509(a)(3). Check the box on lines 12a through 12d that describes the type of supporting organization and complete lines 12e, 12f, and 12g.

a

b

c d

e f g

Type I. A supporting organization operated, supervised, or controlled by its supported organization(s), typically by giving the supported organization(s) the power to regularly appoint or elect a majority of the directors or trustees of the supporting organization. You must complete Part IV, Sections A and B. Type II. A supporting organization supervised or controlled in connection with its supported organization(s), by having control or management of the supporting organization vested in the same persons that control or manage the supported organization(s). You must complete Part IV, Sections A and C. Type III functionally integrated. A supporting organization operated in connection with, and functionally integrated with, its supported organization(s) (see instructions). You must complete Part IV, Sections A, D, and E. Type III non-functionally integrated. A supporting organization operated in connection with its supported organization(s) that is not functionally integrated. The organization generally must satisfy a distribution requirement and an attentiveness requirement (see instructions). You must complete Part IV, Sections A and D, and Part V. Check this box if the organization received a written determination from the IRS that it is a Type I, Type II, Type III functionally integrated, or Type III non-functionally integrated supporting organization.

Enter the number of supported organizations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Provide the following information about the supported organization(s).

(i) Name of supported organization

(ii) EIN

(iii) Type of organization (described on lines 1–10 above (see instructions))

(iv) Is the organization listed in your governing document?

Yes

(v) Amount of monetary support (see instructions)

(vi) Amount of other support (see instructions)

No

(A) (B) (C) (D) (E) Total For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

DAA

Schedule A (Form 990) 2023

Schedule A (Form 990) 2023

KEY BISCAYNE COMMUNITY FOUNDATION

30-0239421

Page 2

Part II

Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (Complete only if you checked the box on line 5, 7, or 8 of Part I or if the organization failed to qualify under Part III. If the organization fails to qualify under the tests listed below, please complete Part III.) Section A. Public Support Calendar year (or fiscal year beginning in) 1

Gifts, grants, contributions, and membership fees received. (Do not include any “unusual grants.”) . . . . . . . .

2

Tax revenues levied for the organization's benefit and either paid to or expended on its behalf . . . . . . . . . .

3

The value of services or facilities furnished by a governmental unit to the organization without charge . . . . . . . . . .

Total. Add lines 1 through 3 . . . . . . . . . .

The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f) . . . . . . . . . .

4 5

6

(a) 2019

(b) 2020

(c) 2021

(d) 2022

(e) 2023

(f) Total

828,085

3,538,492

2,715,521

4,232,114

2,466,061

13,780,273

828,085

3,538,492

2,715,521

4,232,114

2,466,061

13,780,273

Public support. Subtract line 5 from line 4 .

13,780,273

Section B. Total Support Calendar year (or fiscal year beginning in) 7 8

Amounts from line 4 . . . . . . . . . . . . . . . . . .

Gross income from interest, dividends, payments received on securities loans, rents, royalties, and income from similar sources . . . . . . . . . . . . . . . . . . . . . . .

(a) 2019

(b) 2020

(c) 2021

(d) 2022

(e) 2023

828,085

3,538,492

2,715,521

4,232,114

2,466,061

(f) Total 13,780,273

303,968

467,913

322,716

70,841

353,716

1,519,154

9

Net income from unrelated business activities, whether or not the business is regularly carried on . . . . . . . . . . . . . . . . .

10

Other income. Do not include gain or loss from the sale of capital assets 43,700 43,700 (Explain in Part VI.) . . . . . . . . . . . . . . . . . . .

Total support. Add lines 7 through 10 15,343,127 1,497,065 Gross receipts from related activities, etc. (see instructions) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

12 First 5 years. If the Form 990 is for the organization’s first, second, third, fourth, or fifth tax year as a section 501(c)(3) organization, check this box and stop here . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

11 12 13

Section C. Computation of Public Support Percentage 14 89.81 % 14 Public support percentage for 2023 (line 6, column (f) divided by line 11, column (f)) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

89.32 % 15 Public support percentage from 2022 Schedule A, Part II, line 14 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

15 16a 33 1/3% support test — 2023. If the organization did not check the box on line 13, and line 14 is 33 1/3% or more, check this X box and stop here. The organization qualifies as a publicly supported organization . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b 33 1/3% support test — 2022. If the organization did not check a box on line 13 or 16a, and line 15 is 33 1/3% or more, check this box and stop here. The organization qualifies as a publicly supported organization . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

17a 10%-facts-and-circumstances test — 2023. If the organization did not check a box on line 13, 16a, or 16b, and line 14 is 10% or more, and if the organization meets the facts-and-circumstances test, check this box and stop here. Explain in Part VI how the organization meets the facts-and-circumstances test. The organization qualifies as a publicly supported organization . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b 10%-facts-and-circumstances test — 2022. If the organization did not check a box on line 13, 16a, 16b, or 17a, and line 15 is 10% or more, and if the organization meets the facts-and-circumstances test, check this box and stop here. Explain in Part VI how the organization meets the facts-and-circumstances test. The organization qualifies as a publicly supported organization . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

18 Private foundation. If the organization did not check a box on line 13, 16a, 16b, 17a, or 17b, check this box and see instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Schedule A (Form 990) 2023

DAA

Schedule A (Form 990) 2023

KEY BISCAYNE COMMUNITY FOUNDATION

30-0239421

Page 3

Part III

Support Schedule for Organizations Described in Section 509(a)(2) (Complete only if you checked the box on line 10 of Part I or if the organization failed to qualify under Part II. If the organization fails to qualify under the tests listed below, please complete Part II.) Section A. Public Support Calendar year (or fiscal year beginning in) 1

Gifts, grants, contributions, and membership fees received. (Do not include any “unusual grants.”) . . . .

2

Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization’s tax-exempt purpose . . . . . . . .

3

Gross receipts from activities that are not an unrelated trade or business under section 513

4

Tax revenues levied for the organization's benefit and either paid to or expended on its behalf . . . . . . . . . .

5

The value of services or facilities furnished by a governmental unit to the organization without charge . . . . . . . . . .

6

Total. Add lines 1 through 5 . . . . . . . . . .

(a) 2019

(b) 2020

(c) 2021

(d) 2022

(e) 2023

(f) Total

(a) 2019

(b) 2020

(c) 2021

(d) 2022

(e) 2023

(f) Total

7a Amounts included on lines 1, 2, and 3 received from disqualified persons . . . . b

Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year .

c 8

Add lines 7a and 7b . . . . . . . . . . . . . . . . . .

Public support. (Subtract line 7c from line 6.) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Section B. Total Support Calendar year (or fiscal year beginning in) 9

Amounts from line 6 . . . . . . . . . . . . . . . . . .

10a Gross income from interest, dividends, payments received on securities loans, rents, royalties, and income from similar sources . b

Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975 . . . . . . . . .

c

Add lines 10a and 10b . . . . . . . . . . . . . . . .

11

Net income from unrelated business activities not included on line 10b, whether or not the business is regularly carried on . .

12

Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.) . . . . . . . . . . . . . . . . . . .

Total support. (Add lines 9, 10c, 11, and 12.) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

First 5 years. If the Form 990 is for the organization’s first, second, third, fourth, or fifth tax year as a section 501(c)(3) organization, check this box and stop here . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

13 14

Section C. Computation of Public Support Percentage 15 16

Public support percentage for 2023 (line 8, column (f), divided by line 13, column (f)) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Public support percentage from 2022 Schedule A, Part III, line 15 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

15 16

% %

Section D. Computation of Investment Income Percentage 17 17 Investment income percentage for 2023 (line 10c, column (f), divided by line 13, column (f)) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

18 Investment income percentage from 2022 Schedule A, Part III, line 17 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

18 19a 33 1/3% support tests — 2023. If the organization did not check the box on line 14, and line 15 is more than 33 1/3%, and line 17 is not more than 33 1/3%, check this box and stop here. The organization qualifies as a publicly supported organization . . . . . . . . . . . . . . . . b 33 1/3% support tests — 2022. If the organization did not check a box on line 14 or line 19a, and line 16 is more than 33 1/3%, and line 18 is not more than 33 1/3%, check this box and stop here. The organization qualifies as a publicly supported organization . . . . . . . . . . . .

20 Private foundation. If the organization did not check a box on line 14, 19a, or 19b, check this box and see instructions . . . . . . . . . . . . . . . . . . . .

% %

Schedule A (Form 990) 2023 DAA

Schedule A (Form 990) 2023

KEY BISCAYNE COMMUNITY FOUNDATION

30-0239421

Page 4

Part IV

Supporting Organizations (Complete only if you checked a box on line 12 on Part I. If you checked box 12a, Part I, complete Sections A and B. If you checked box 12b, Part I, complete Sections A and C. If you checked box 12c, Part I, complete Sections A, D, and E. If you checked box 12d, Part I, complete Sections A and D, and complete Part V.) Section A. All Supporting Organizations Yes 1

2

3a b

c 4a b

c

5a

b c 6

7

8 9a

b c 10a

b

Are all of the organization’s supported organizations listed by name in the organization’s governing documents? If “No,” describe in Part VI how the supported organizations are designated. If designated by class or purpose, describe the designation. If historic and continuing relationship, explain.

Did the organization have any supported organization that does not have an IRS determination of status under section 509(a)(1) or (2)? If “Yes,” explain in Part VI how the organization determined that the supported organization was described in section 509(a)(1) or (2).

Did the organization have a supported organization described in section 501(c)(4), (5), or (6)? If “Yes,” answer lines 3b and 3c below.

Did the organization confirm that each supported organization qualified under section 501(c)(4), (5), or (6) and satisfied the public support tests under section 509(a)(2)? If “Yes,” describe in Part VI when and how the organization made the determination.

Did the organization ensure that all support to such organizations was used exclusively for section 170(c)(2)(B) purposes? If “Yes,” explain in Part VI what controls the organization put in place to ensure such use.

Was any supported organization not organized in the United States (“foreign supported organization”)? If “Yes,” and if you checked box 12a or 12b in Part I, answer lines 4b and 4c below.

Did the organization have ultimate control and discretion in deciding whether to make grants to the foreign supported organization? If “Yes,” describe in Part VI how the organization had such control and discretion despite being controlled or supervised by or in connection with its supported organizations.

Did the organization support any foreign supported organization that does not have an IRS determination under sections 501(c)(3) and 509(a)(1) or (2)? If “Yes,” explain in Part VI what controls the organization used to ensure that all support to the foreign supported organization was used exclusively for section 170(c)(2)(B) purposes.

Did the organization add, substitute, or remove any supported organizations during the tax year? If “Yes,” answer lines 5b and 5c below (if applicable). Also, provide detail in Part VI, including (i) the names and EIN numbers of the supported organizations added, substituted, or removed; (ii) the reasons for each such action; (iii) the authority under the organization's organizing document authorizing such action; and (iv) how the action was accomplished (such as by amendment to the organizing document).

Type I or Type II only. Was any added or substituted supported organization part of a class already designated in the organization's organizing document?

Substitutions only. Was the substitution the result of an event beyond the organization's control?

Did the organization provide support (whether in the form of grants or the provision of services or facilities) to anyone other than (i) its supported organizations, (ii) individuals that are part of the charitable class benefited by one or more of its supported organizations, or (iii) other supporting organizations that also support or benefit one or more of the filing organization’s supported organizations? If “Yes,” provide detail in Part VI. Did the organization provide a grant, loan, compensation, or other similar payment to a substantial contributor (as defined in section 4958(c)(3)(C)), a family member of a substantial contributor, or a 35% controlled entity with regard to a substantial contributor? If “Yes,” complete Part I of Schedule L (Form 990).

Did the organization make a loan to a disqualified person (as defined in section 4958) not described on line 7? If “Yes,” complete Part I of Schedule L (Form 990).

Was the organization controlled directly or indirectly at any time during the tax year by one or more disqualified persons, as defined in section 4946 (other than foundation managers and organizations described in section 509(a)(1) or (2))? If “Yes,” provide detail in Part VI. Did one or more disqualified persons (as defined on line 9a) hold a controlling interest in any entity in which the supporting organization had an interest? If “Yes,” provide detail in Part VI. Did a disqualified person (as defined on line 9a) have an ownership interest in, or derive any personal benefit from, assets in which the supporting organization also had an interest? If “Yes,” provide detail in Part VI. Was the organization subject to the excess business holdings rules of section 4943 because of section 4943(f) (regarding certain Type II supporting organizations, and all Type III non-functionally integrated supporting organizations)? If “Yes,” answer line 10b below.

Did the organization have any excess business holdings in the tax year? (Use Schedule C, Form 4720, to determine whether the organization had excess business holdings.)

No

1

2 3a

3b 3c 4a

4b

4c

5a 5b 5c

6

7 8

9a 9b 9c

10a 10b Schedule A (Form 990) 2023

DAA

Schedule A (Form 990) 2023

Part IV

KEY BISCAYNE COMMUNITY FOUNDATION

30-0239421

Page 5

Supporting Organizations (continued)

11 Has the organization accepted a gift or contribution from any of the following persons? a A person who directly or indirectly controls, either alone or together with persons described on lines 11b and 11c below, the governing body of a supported organization? b A family member of a person described on line 11a above? c A 35% controlled entity of a person described on line 11a or 11b above? If “Yes” to line 11a, 11b, or 11c, provide detail in Part VI.

Yes

No

Yes

No

Yes

No

Yes

No

11a 11b 11c

Section B. Type I Supporting Organizations 1

Did the governing body, members of the governing body, officers acting in their official capacity, or membership of one or more supported organizations have the power to regularly appoint or elect at least a majority of the organization’s officers, directors, or trustees at all times during the tax year? If “No,” describe in Part VI how the supported organization(s) effectively operated, supervised, or controlled the organization’s activities. If the organization had more than one supported organization, describe how the powers to appoint and/or remove officers, directors, or trustees were allocated among the supported organizations and what conditions or restrictions, if any, applied to such powers during the tax year.

Did the organization operate for the benefit of any supported organization other than the supported organization(s) that operated, supervised, or controlled the supporting organization? If “Yes,” explain in Part VI how providing such benefit carried out the purposes of the supported organization(s) that operated, supervised, or controlled the supporting organization.

2

1

2

Section C. Type II Supporting Organizations 1

Were a majority of the organization’s directors or trustees during the tax year also a majority of the directors or trustees of each of the organization’s supported organization(s)? If “No,” describe in Part VI how control or management of the supporting organization was vested in the same persons that controlled or managed the supported organization(s).

1

Section D. All Type III Supporting Organizations 1

Did the organization provide to each of its supported organizations, by the last day of the fifth month of the organization’s tax year, (i) a written notice describing the type and amount of support provided during the prior tax year, (ii) a copy of the Form 990 that was most recently filed as of the date of notification, and (iii) copies of the organization’s governing documents in effect on the date of notification, to the extent not previously provided?

Were any of the organization’s officers, directors, or trustees either (i) appointed or elected by the supported organization(s) or (ii) serving on the governing body of a supported organization? If “No,” explain in Part VI how the organization maintained a close and continuous working relationship with the supported organization(s).

By reason of the relationship described on line 2, above, did the organization’s supported organizations have a significant voice in the organization’s investment policies and in directing the use of the organization’s income or assets at all times during the tax year? If “Yes,” describe in Part VI the role the organization’s supported organizations played in this regard.

2

3

1

2

3

Section E. Type III Functionally Integrated Supporting Organizations Check the box next to the method that the organization used to satisfy the Integral Part Test during the year (see instructions).

The organization satisfied the Activities Test. Complete line 2 below.

The organization is the parent of each of its supported organizations. Complete line 3 below.

The organization supported a governmental entity. Describe in Part VI how you supported a governmental entity (see instructions).

2 Activities Test. Answer lines 2a and 2b below.

Yes a Did substantially all of the organization’s activities during the tax year directly further the exempt purposes of the supported organization(s) to which the organization was responsive? If “Yes,” then in Part VI identify those supported organizations and explain how these activities directly furthered their exempt purposes, how the organization was responsive to those supported organizations, and how the organization determined 2a that these activities constituted substantially all of its activities. b Did the activities described on line 2a, above, constitute activities that, but for the organization’s involvement, one or more of the organization’s supported organization(s) would have been engaged in? If “Yes,” explain in Part VI the reasons for the organization’s position that its supported organization(s) would 2b have engaged in these activities but for the organization’s involvement.

Parent of Supported Organizations. Answer lines 3a and 3b below.

3 a Did the organization have the power to regularly appoint or elect a majority of the officers, directors, or 3a trustees of each of the supported organizations? If “Yes” or “No,” provide details in Part VI. b Did the organization exercise a substantial degree of direction over the policies, programs, and activities of each 3b of its supported organizations? If “Yes,” describe in Part VI the role played by the organization in this regard.

1

a b c

DAA

No

Schedule A (Form 990) 2023

Schedule A (Form 990) 2023

Part V

KEY BISCAYNE COMMUNITY FOUNDATION

30-0239421

Page 6

Type III Non-Functionally Integrated 509(a)(3) Supporting Organizations

Check here if the organization satisfied the Integral Part Test as a qualifying trust on Nov. 20, 1970 (explain in Part VI). See instructions. All other Type III non-functionally integrated supporting organizations must complete Sections A through E. (B) Current Year Section A – Adjusted Net Income (A) Prior Year (optional)

1

1 2 3 4 5 6

7 8

Net short-term capital gain Recoveries of prior-year distributions Other gross income (see instructions) Add lines 1 through 3.

Depreciation and depletion Portion of operating expenses paid or incurred for production or collection of gross income or for management, conservation, or maintenance of property held for production of income (see instructions) Other expenses (see instructions) Adjusted Net Income (subtract lines 5, 6, and 7 from line 4)

1 2 3 4 5

6 7 8

Section B – Minimum Asset Amount

(B) Current Year (optional)

(A) Prior Year

1

Aggregate fair market value of all non-exempt-use assets (see instructions for short tax year or assets held for part of year): a Average monthly value of securities b Average monthly cash balances c Fair market value of other non-exempt-use assets d Total (add lines 1a, 1b, and 1c) e Discount claimed for blockage or other factors (explain in detail in Part VI): 2 Acquisition indebtedness applicable to non-exempt-use assets 3 Subtract line 2 from line 1d.

4 Cash deemed held for exempt use. Enter 0.015 of line 3 (for greater amount, see instructions).

5 Net value of non-exempt-use assets (subtract line 4 from line 3) 6 Multiply line 5 by 0.035.

7 Recoveries of prior-year distributions 8 Minimum Asset Amount (add line 7 to line 6)

1a 1b 1c 1d

2 3 4 5 6 7 8

Section C – Distributable Amount 1 2 3 4 5 6 7

Current Year

Adjusted net income for prior year (from Section A, line 8, column A) 1 Enter 0.85 of line 1.

2 Minimum asset amount for prior year (from Section B, line 8, column A) 3 Enter greater of line 2 or line 3.

4 Income tax imposed in prior year 5 Distributable Amount. Subtract line 5 from line 4, unless subject to emergency temporary reduction (see instructions).

6 Check here if the current year is the organization's first as a non-functionally integrated Type III supporting organization (see instructions).

Schedule A (Form 990) 2023

DAA

Schedule A (Form 990) 2023

Part V

KEY BISCAYNE COMMUNITY FOUNDATION

30-0239421

Page 7

Type III Non-Functionally Integrated 509(a)(3) Supporting Organizations (continued)

Section D – Distributions

Current Year

1 2

Amounts paid to supported organizations to accomplish exempt purposes Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in excess of income from activity 3 Administrative expenses paid to accomplish exempt purposes of supported organizations 4 Amounts paid to acquire exempt-use assets 5 Qualified set-aside amounts (prior IRS approval required—provide details in Part VI) 6 Other distributions (describe in Part VI). See instructions.

7 Total annual distributions. Add lines 1 through 6.

8 Distributions to attentive supported organizations to which the organization is responsive (provide details in Part VI). See instructions.

9 Distributable amount for 2022 from Section C, line 6 10 Line 8 amount divided by line 9 amount (i) Section E – Distribution Allocations (see instructions) Excess Distributions

1 2 3 4 5 6 7 8 9 10 (ii) Underdistributions Pre-2023

(iii) Distributable Amount for 2023

1 2

Distributable amount for 2023 from Section C, line 6 Underdistributions, if any, for years prior to 2023 (reasonable cause required–explain in Part VI). See instructions.

3 Excess distributions carryover, if any, to 2023 a From 2018 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b From 2019 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c From 2020 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . d From 2021 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . e From 2022 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . f Total of lines 3a through 3e g Applied to underdistributions of prior years h Applied to 2023 distributable amount i Carryover from 2018 not applied (see instructions) j Remainder. Subtract lines 3g, 3h, and 3i from line 3f.

4 Distributions for 2023 from Section D, line 7: $ a Applied to underdistributions of prior years b Applied to 2023 distributable amount c Remainder. Subtract lines 4a and 4b from line 4.

5 Remaining underdistributions for years prior to 2023, if any. Subtract lines 3g and 4a from line 2. For result greater than zero, explain in Part VI. See instructions.

6 Remaining underdistributions for 2023. Subtract lines 3h and 4b from line 1. For result greater than zero, explain in Part VI. See instructions.

7 Excess distributions carryover to 2024. Add lines 3j and 4c.

8 Breakdown of line 7: a Excess from 2019 . . . . . . . . . . . . . . . . . . . . . . . b Excess from 2020 . . . . . . . . . . . . . . . . . . . . . . . c Excess from 2021 . . . . . . . . . . . . . . . . . . . . . . . . d Excess from 2022 . . . . . . . . . . . . . . . . . . . . . . . . e Excess from 2023 . . . . . . . . . . . . . . . . . . . . . . . .

Schedule A (Form 990) 2023

DAA

Schedule A (Form 990) 2023

Part VI

KEY BISCAYNE COMMUNITY FOUNDATION

30-0239421

Page 8

Supplemental Information. Provide the explanations required by Part II, line 10; Part II, line 17a or 17b; Part III, line 12; Part IV, Section A, lines 1, 2, 3b, 3c, 4b, 4c, 5a, 6, 9a, 9b, 9c, 11a, 11b, and 11c; Part IV, Section B, lines 1 and 2; Part IV, Section C, line 1; Part IV, Section D, lines 2 and 3; Part IV, Section E, lines 1c, 2a, 2b, 3a, and 3b; Part V, line 1; Part V, Section B, line 1e; Part V, Section D, lines 5, 6, and 8; and Part V, Section E, lines 2, 5, and 6. Also complete this part for any additional information. (See instructions.)

PART II, LINE 10 - OTHER INCOME DETAIL

. ..........................................................................................................................................................

$

43,700

. ..........................................................................................................................................................

. ..........................................................................................................................................................

. ..........................................................................................................................................................

. ..........................................................................................................................................................

. ..........................................................................................................................................................

. ..........................................................................................................................................................

. ..........................................................................................................................................................

. ..........................................................................................................................................................

. ..........................................................................................................................................................

. ..........................................................................................................................................................

. ..........................................................................................................................................................

. ..........................................................................................................................................................

. ..........................................................................................................................................................

. ..........................................................................................................................................................

. ..........................................................................................................................................................

. ..........................................................................................................................................................

. ..........................................................................................................................................................

. ..........................................................................................................................................................

. ..........................................................................................................................................................

. ..........................................................................................................................................................

. ..........................................................................................................................................................

. ..........................................................................................................................................................

. ..........................................................................................................................................................

. ..........................................................................................................................................................

. ..........................................................................................................................................................

DAA

Schedule A (Form 990) 2023

Schedule B

OMB No. 1545-0047

Schedule of Contributors

(Form 990)

2023

Attach to Form 990, 990-EZ, or 990-PF. Go to www.irs.gov/Form990 for the latest information.

Department of the Treasury Internal Revenue Service

Employer identification number

Name of the organization

KEY BISCAYNE COMMUNITY FOUNDATION INC

30-0239421

Organization type (check one): Filers of:

Section:

Form 990 or 990-EZ

X 501(c)(

3 ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation 527 political organization Form 990-PF

501(c)(3) exempt private foundation 4947(a)(1) nonexempt charitable trust treated as a private foundation 501(c)(3) taxable private foundation

Check if your organization is covered by the General Rule or a Special Rule.

Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.

General Rule For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.

Special Rules

X For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 331/3% support test of the regulations under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000; or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h; or (ii) Form 990-EZ, line 1. Complete Parts I and II. For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor, during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I (entering “N/A” in column (b) instead of the contributor name and address), II, and III. For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor, during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don’t complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

$ .........................

Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ or on its Form 990-PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990).

For Paperwork Reduction Act Notice, see the instructions for Form 990, 990-EZ, or 990-PF.

DAA

Schedule B (Form 990) (2023)

PAGE 1 OF 2

Schedule B (Form 990) (2023)

KEY BISCAYNE COMMUNITY FOUNDATION Part I

1

30-0239421

Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.

(a) No. . .....

(b) Name, address, and ZIP + 4

(c) Total contributions

STEVE POWEL

. .......................................................................

. .......................................................................

$ . . . . . . . . . . .124,841 ..............

. .......................................................................

(a) No.

2

. .....

(b) Name, address, and ZIP + 4

(c) Total contributions

DAVID & MARIAN ROCKER 791 CRANDON BLVD #1206

. .......................................................................

. .......................................................................

KEY BISCAYNE

FL 33149

$ . . . . . . . . . . .200,000 ..............

. .......................................................................

(a) No.

3

. .....

(b) Name, address, and ZIP + 4

(c) Total contributions

BERNARD & DORIS E. NEMTZOW

. .......................................................................

. .......................................................................

$ . . . . . . . . . . . . .80,000 ............

. .......................................................................

(a) No.

4

. .....

(b) Name, address, and ZIP + 4

(c) Total contributions

E.W. EASTON FAMILY FUND 18 HARBOR POINT

. .......................................................................

. .......................................................................

KEY BISCAYNE

FL 33149

$ . . . . . . . . . . .578,692 ..............

. .......................................................................

(a) No.

5

. .....

(b) Name, address, and ZIP + 4

(c) Total contributions

HIMAN BROWN CHARITABLE TRUST 7 TIMES SQUARE, 40TH FLOOR

. .......................................................................

. .......................................................................

NEW YORK

NY 10036

$ . . . . . . . . . . .350,000 ..............

. .......................................................................

(a) No.

6

. .....

Page 2

Employer identification number

Name of organization

(b) Name, address, and ZIP + 4

(c) Total contributions

THE CHILDRENS TRUST 3150 SW 3RD AVE

. .......................................................................

. .......................................................................

MIAMI

FL 33129

. .......................................................................

$ . . . . . . . . . . .260,000 ..............

(d) Type of contribution

X Person Payroll Noncash (Complete Part II for noncash contributions.) (d) Type of contribution

X Person Payroll Noncash (Complete Part II for noncash contributions.) (d) Type of contribution

X Person Payroll Noncash (Complete Part II for noncash contributions.) (d) Type of contribution

X Person Payroll Noncash (Complete Part II for noncash contributions.) (d) Type of contribution

X Person Payroll Noncash (Complete Part II for noncash contributions.) (d) Type of contribution

X Person Payroll Noncash (Complete Part II for noncash contributions.)

Schedule B (Form 990) (2023)

DAA

PAGE 2 OF 2

Schedule B (Form 990) (2023)

KEY BISCAYNE COMMUNITY FOUNDATION Part I

7

30-0239421

Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.

(a) No. . .....

(b) Name, address, and ZIP + 4

(c) Total contributions

THE MIAMI FOUNDATION 40 NW 3 STREET #305

. .......................................................................

. .......................................................................

MIAMI

FL 33128

$ . . . . . . . . . . .131,263 ..............

. .......................................................................

(a) No.

8

. .....

(b) Name, address, and ZIP + 4

(c) Total contributions

UNITED WAY OF MIAMI 3250 SW 3 AVENUE

. .......................................................................

. .......................................................................

MIAMI

FL 33129

$ . . . . . . . . . . .120,919 ..............

. .......................................................................

(a) No.

9

. .....

(b) Name, address, and ZIP + 4

(c) Total contributions

WILLIAM & TOBY ROHRER

. .......................................................................

. .......................................................................

$ . . . . . . . . . . . . .50,000 ............

. .......................................................................

(a) No.

(b) Name, address, and ZIP + 4

10

. .......................................................................

. .....

(c) Total contributions

LONDON FAMILY FOUNDATION 965 CRANDON BLVD

. .......................................................................

KEY BISCAYNE

FL 33149

$ . . . . . . . . . . .100,000 ..............

. .......................................................................

(a) No.

(b) Name, address, and ZIP + 4

11

. .......................................................................

. .....

(c) Total contributions

FREDERICK A. DELUCA FOUNDATION

. .......................................................................

$ . . . . . . . . . . . . .75,000 ............

. .......................................................................

(a) No.

(b) Name, address, and ZIP + 4

12

. .......................................................................

. .....

Page 2

Employer identification number

Name of organization

(c) Total contributions

DIAGEO 801 MAIN STREET

. .......................................................................

NORWALK

CT 06851

. .......................................................................

$ . . . . . . . . . . . . .50,000 ............

(d) Type of contribution

X Person Payroll Noncash (Complete Part II for noncash contributions.) (d) Type of contribution

X Person Payroll Noncash (Complete Part II for noncash contributions.) (d) Type of contribution

X Person Payroll Noncash (Complete Part II for noncash contributions.) (d) Type of contribution

X Person Payroll Noncash (Complete Part II for noncash contributions.) (d) Type of contribution

X Person Payroll Noncash (Complete Part II for noncash contributions.) (d) Type of contribution

X Person Payroll Noncash (Complete Part II for noncash contributions.)

Schedule B (Form 990) (2023)

DAA

SCHEDULE D (Form 990) Department of the Treasury Internal Revenue Service

Supplemental Financial Statements

Name of the organization

30-0239421

Organizations Maintaining Donor Advised Funds or Other Similar Funds or Accounts Complete if the organization answered “Yes” on Form 990, Part IV, line 6. (a) Donor advised funds

1 2 3 4 5 6

2

(b) Funds and other accounts

Total number at end of year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Aggregate value of contributions to (during year) . . . . . . . . . . . . . . . . . .

Aggregate value of grants from (during year) . . . . . . . . . . . . . . . . . . . . . .

Aggregate value at end of year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Did the organization inform all donors and donor advisors in writing that the assets held in donor advised funds are the organization’s property, subject to the organization’s exclusive legal control? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Did the organization inform all grantees, donors, and donor advisors in writing that grant funds can be used only for charitable purposes and not for the benefit of the donor or donor advisor, or for any other purpose conferring impermissible private benefit? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Part II 1

2023

Open to Public Inspection

Employer identification number

KEY BISCAYNE COMMUNITY FOUNDATION INC Part I

OMB No. 1545-0047

Complete if the organization answered “Yes” on Form 990, Part IV, line 6, 7, 8, 9, 10, 11a, 11b, 11c, 11d, 11e, 11f, 12a, or 12b.

Attach to Form 990.

Go to www.irs.gov/Form990 for instructions and the latest information.

Yes

X No

Yes

X No

Conservation Easements Complete if the organization answered “Yes” on Form 990, Part IV, line 7.

Purpose(s) of conservation easements held by the organization (check all that apply).

Preservation of land for public use (for example, recreation or education) Preservation of a historically important land area Protection of natural habitat Preservation of a certified historic structure Preservation of open space Complete lines 2a through 2d if the organization held a qualified conservation contribution in the form of a conservation easement on the last day of the tax year.

Held at the End of the Tax Year

a Total number of conservation easements . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

2a b Total acreage restricted by conservation easements . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

2b c Number of conservation easements on a certified historic structure included on line 2a . . . . . . . . . . . . . . . . . . . . . . . .

2c d Number of conservation easements included on line 2c acquired after July 25, 2006, and not on a historic structure listed in the National Register . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

2d 3 Number of conservation easements modified, transferred, released, extinguished, or terminated by the organization during the tax year . . . . . . . . . . . . . .

4 Number of states where property subject to conservation easement is located . . . . . . . .

5 Does the organization have a written policy regarding the periodic monitoring, inspection, handling of Yes violations, and enforcement of the conservation easements it holds? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

6 Staff and volunteer hours devoted to monitoring, inspecting, handling of violations, and enforcing conservation easements during the year

No

. ............

7

Amount of expenses incurred in monitoring, inspecting, handling of violations, and enforcing conservation easements during the year . ........................

8 9

Does each conservation easement reported on line 2d above satisfy the requirements of section 170(h)(4)(B)(i) and section 170(h)(4)(B)(ii)? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

In Part XIII, describe how the organization reports conservation easements in its revenue and expense statement and balance sheet, and include, if applicable, the text of the footnote to the organization’s financial statements that describes the organization’s accounting for conservation easements.

Part III

Yes

No

Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets Complete if the organization answered “Yes” on Form 990, Part IV, line 8.

1a If the organization elected, as permitted under FASB ASC 958, not to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide in Part XIII the text of the footnote to its financial statements that describes these items. b If the organization elected, as permitted under FASB ASC 958, to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide the following amounts relating to these items. (i) Revenue included on Form 990, Part VIII, line 1 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ . . . . . . . . . . . . . . . . . . . . . . . . . (ii) Assets included in Form 990, Part X . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ . . . . . . . . . . . . . . . . . . . . . . . . .

2 If the organization received or held works of art, historical treasures, or other similar assets for financial gain, provide the following amounts required to be reported under FASB ASC 958 relating to these items. a Revenue included on Form 990, Part VIII, line 1 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ . . . . . . . . . . . . . . . . . . . . . . . . . b Assets included in Form 990, Part X . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ Schedule D (Form 990) 2023 For Paperwork Reduction Act Notice, see the Instructions for Form 990.

DAA

KEY BISCAYNE COMMUNITY FOUNDATION 30-0239421 Page 2 Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets (continued)

Schedule D (Form 990) 2023

Part III 3

Using the organization’s acquisition, accession, and other records, check any of the following that make significant use of its collection items (check all that apply).

a Public exhibition d Loan or exchange program b e Scholarly research Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c Preservation for future generations 4 Provide a description of the organization’s collections and explain how they further the organization’s exempt purpose in Part XIII. 5 During the year, did the organization solicit or receive donations of art, historical treasures, or other similar assets to be sold to raise funds rather than to be maintained as part of the organization’s collection? . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Part IV

Yes

No

Escrow and Custodial Arrangements Complete if the organization answered "Yes" on Form 990, Part IV, line 9, or reported an amount on Form 990, Part X, line 21.

1a Is the organization an agent, trustee, custodian or other intermediary for contributions or other assets not included on Form 990, Part X? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b If “Yes,” explain the arrangement in Part XIII and complete the following table.

Yes

No

Amount

c Beginning balance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

1c 1d d Additions during the year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

1e e Distributions during the year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

1f f Ending balance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

2a Did the organization include an amount on Form 990, Part X, line 21, for escrow or custodial account liability? . . . . . . . . . . . . . . . . . . .

Yes b If “Yes,” explain the arrangement in Part XIII. Check here if the explanation has been provided on Part XIII . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Part V

Endowment Funds Complete if the organization answered “Yes” on Form 990, Part IV, line 10. (a) Current year

(b) Prior year

(c) Two years back

(d) Three years back

1a Beginning of year balance . . . . . . . . . . . . b Contributions . . . . . . . . . . . . . . . . . . . . . . . . . c Net investment earnings, gains, and losses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . d Grants or scholarships . . . . . . . . . . . . . . . . e Other expenditures for facilities and programs . . . . . . . . . . . . . . . . . . . . . . . . . . . . . f Administrative expenses . . . . . . . . . . . . . . g End of year balance . . . . . . . . . . . . . . . . . .

2 Provide the estimated percentage of the current year end balance (line 1g, column (a)) held as: a Board designated or quasi-endowment . . . . . . . . . . . . . . % b Permanent endowment . . . . . . . . . . . . . . . % c Term endowment . . . . . . . . . . . . . % The percentages on lines 2a, 2b, and 2c should equal 100%.

3a Are there endowment funds not in the possession of the organization that are held and administered for the organization by: (i) Unrelated organizations? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (ii) Related organizations? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b If “Yes” on line 3a(ii), are the related organizations listed as required on Schedule R? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

4 Describe in Part XIII the intended uses of the organization’s endowment funds.

Part VI

No

(e) Four years back

Yes

No

3a(i) 3a(ii) 3b

Land, Buildings, and Equipment Complete if the organization answered “Yes” on Form 990, Part IV, line 11a. See Form 990, Part X, line 10.

Description of property

(a) Cost or other basis

(b) Cost or other basis

(c) Accumulated

(investment)

(other)

depreciation

(d) Book value

1a Land . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b Buildings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c Leasehold improvements . . . . . . . . . . . . . . . . .

5,801 5,801 d Equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . e Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Total. Add lines 1a through 1e. (Column (d) must equal Form 990, Part X, line 10c, column (B)) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Schedule D (Form 990) 2023

DAA

Schedule D (Form 990) 2023

Part VII

KEY BISCAYNE COMMUNITY FOUNDATION

30-0239421

Page 3

Investments – Other Securities Complete if the organization answered “Yes” on Form 990, Part IV, line 11b. See Form 990, Part X, line 12. (a) Description of security or category

(b) Book value

(including name of security)

(c) Method of valuation:

Cost or end-of-year market value

(1) Financial derivatives . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(2) Closely held equity interests . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(3) Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .(A) ..................................................................... . . . .(B) ..................................................................... . . . .(C) ..................................................................... . . . .(D) ..................................................................... . . . .(E) ..................................................................... . . . .(F) ..................................................................... . . . .(G) ..................................................................... . . . .(H) .....................................................................

Total. (Column (b) must equal Form 990, Part X, line 12, col. (B)) . . . . . . .

Part VIII

Investments – Program Related Complete if the organization answered “Yes” on Form 990, Part IV, line 11c. See Form 990, Part X, line 13. (a) Description of investment

(b) Book value

(c) Method of valuation:

Cost or end-of-year market value

(1) (2) (3) (4) (5) (6) (7) (8) (9) Total. (Column (b) must equal Form 990, Part X, line 13, col. (B)) . . . . . . .

Part IX

Other Assets Complete if the organization answered “Yes” on Form 990, Part IV, line 11d. See Form 990, Part X, line 15. (a) Description

(b) Book value

(1) (2) (3) (4) (5) (6) (7) (8) (9) Total. (Column (b) must equal Form 990, Part X, line 15, col. (B)) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Part X

Other Liabilities Complete if the organization answered "Yes" on Form 990, Part IV, line 11e or 11f. See Form 990, Part X, line 25.

(a) Description of liability (b) Book value 1.

(1) Federal income taxes 150,000 (2) SBS EIDL - LONG TERM (3) (4) (5) (6) (7) (8) (9) 150,000 Total. (Column (b) must equal Form 990, Part X, line 25, col. (B)) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

2. Liability for uncertain tax positions. In Part XIII, provide the text of the footnote to the organization’s financial statements that reports the organization's liability for uncertain tax positions under FASB ASC 740. Check here if the text of the footnote has been provided in Part XIII . . . . . . . . . X

DAA

Schedule D (Form 990) 2023

Schedule D (Form 990) 2023

Part XI

KEY BISCAYNE COMMUNITY FOUNDATION

30-0239421

1 Total revenue, gains, and other support per audited financial statements . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

2 Amounts included on line 1 but not on Form 990, Part VIII, line 12: a Net unrealized gains (losses) on investments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

1,059,312 2a b Donated services and use of facilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

2b c Recoveries of prior year grants . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

2c d Other (Describe in Part XIII.) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

2d e Add lines 2a through 2d . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

3 Subtract line 2e from line 1 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

4 Amounts included on Form 990, Part VIII, line 12, but not on line 1: a Investment expenses not included on Form 990, Part VIII, line 7b . . . . . . . . . . . . . . . . .

4a 289,484 b Other (Describe in Part XIII.) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

4b c Add lines 4a and 4b . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

5 Total revenue. Add lines 3 and 4c. (This must equal Form 990, Part I, line 12.) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Part XII

1

4,637,095

2e 3

1,059,312 3,577,783

4c 5

289,484 3,867,267

Reconciliation of Expenses per Audited Financial Statements With Expenses per Return Complete if the organization answered “Yes” on Form 990, Part IV, line 12a.

1 Total expenses and losses per audited financial statements . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

2 Amounts included on line 1 but not on Form 990, Part IX, line 25: a Donated services and use of facilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

2a b Prior year adjustments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

2b c Other losses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

2c d Other (Describe in Part XIII.) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

2d e Add lines 2a through 2d . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

3 Subtract line 2e from line 1 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

4 Amounts included on Form 990, Part IX, line 25, but not on line 1: a Investment expenses not included on Form 990, Part VIII, line 7b . . . . . . . . . . . . . . . . .

4a 289,484 b Other (Describe in Part XIII.) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

4b c Add lines 4a and 4b . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

5 Total expenses. Add lines 3 and 4c. (This must equal Form 990, Part I, line 18.) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Part XIII

Page 4

Reconciliation of Revenue per Audited Financial Statements With Revenue per Return Complete if the organization answered “Yes” on Form 990, Part IV, line 12a.

1

3,868,441

2e 3

3,868,441

4c 5

289,484 4,157,925

Supplemental Information

Provide the descriptions required for Part II, lines 3, 5, and 9; Part III, lines 1a and 4; Part IV, lines 1b and 2b; Part V, line 4; Part X, line 2; Part XI, lines 2d and 4b; and Part XII, lines 2d and 4b. Also complete this part to provide any additional information.

PART X - FIN 48 FOOTNOTE

. ..........................................................................................................................................................

THE ORGANIZATION HAS ADOPTED THE PROVISIONS OF ASC NO 740, "ACCOUNTING FOR

. ..........................................................................................................................................................

UNCERTAINTY IN INCOME TAXES" ("ASC NO 740"). ASC 740 REQUIRED THAT THE

. ..........................................................................................................................................................

IMPACT OF TAX POSITIONS TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS IF

. ..........................................................................................................................................................

THEY ARE MORE LIKELY THAN NOT OF BEING SUSTAINED UPON EXAMINATION.

. ..........................................................................................................................................................

ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS MADE IN THE FINANCIAL

. ..........................................................................................................................................................

STATEMENTS. AT 12/31/22, THERE WERE NO UNCERTAIN TAX POSITIONS. THE

. ..........................................................................................................................................................

ORGANIZATION FILES TAX RETURNS WITH US FEDERAL AND OTHER TAX AUTHORITIES

. ..........................................................................................................................................................

FOR WHICH STATUE LIMITATIONS MAY GO BACK TO THE YEAR ENDED 2019.

. ..........................................................................................................................................................

. ..........................................................................................................................................................

PART XI, LINE 4B - REVENUE AMOUNTS INCLUDED ON RETURN - OTHER

. ..........................................................................................................................................................

ADMINISTRATIVE FEE REVENUE

$

289,484

. ..........................................................................................................................................................

Schedule D (Form 990) 2023 DAA

Schedule D (Form 990) 2023

Part XIII

KEY BISCAYNE COMMUNITY FOUNDATION

30-0239421

Page 5

Supplemental Information (continued)

. ..........................................................................................................................................................

PART XII, LINE 4B - EXPENSE AMOUNTS INCLUDED ON RETURN - OTHER

. ..........................................................................................................................................................

ADMINISTRATIVE FEE REVENUE

$

289,484

. ..........................................................................................................................................................

. ..........................................................................................................................................................

. ..........................................................................................................................................................

. ..........................................................................................................................................................

. ..........................................................................................................................................................

. ..........................................................................................................................................................

. ..........................................................................................................................................................

. ..........................................................................................................................................................

. ..........................................................................................................................................................

. ..........................................................................................................................................................

. ..........................................................................................................................................................

. ..........................................................................................................................................................

. ..........................................................................................................................................................

. ..........................................................................................................................................................

. ..........................................................................................................................................................

. ..........................................................................................................................................................

. ..........................................................................................................................................................

. ..........................................................................................................................................................

. ..........................................................................................................................................................

. ..........................................................................................................................................................

. ..........................................................................................................................................................

. ..........................................................................................................................................................

. ..........................................................................................................................................................

. ..........................................................................................................................................................

. ..........................................................................................................................................................

Schedule D (Form 990) 2023 DAA

SCHEDULE G (Form 990) Department of the Treasury Internal Revenue Service Name of the organization

Part I 1

Supplemental Information Regarding Fundraising or Gaming Activities

OMB No. 1545-0047

Complete if the organization answered “Yes” on Form 990, Part IV, line 17, 18, or 19, or if the organization entered more than $15,000 on Form 990-EZ, line 6a.

Attach to Form 990 or Form 990-EZ. Go to www.irs.gov/Form990 for instructions and the latest information.

Open to Public Inspection

KEY BISCAYNE COMMUNITY FOUNDATION INC

2023

Employer identification number

30-0239421

Fundraising Activities. Complete if the organization answered “Yes” on Form 990, Part IV, line 17.

Form 990-EZ filers are not required to complete this part.

Indicate whether the organization raised funds through any of the following activities. Check all that apply.

a

Mail solicitations

e

Solicitation of non-government grants

b

Internet and email solicitations

f

Solicitation of government grants

c

Phone solicitations

g

Special fundraising events

d

In-person solicitations

2a Did the organization have a written or oral agreement with any individual (including officers, directors, trustees, or key employees listed in Form 990, Part VII) or entity in connection with professional fundraising services? . . . . . . . . . . . . . . . . . . . b If “Yes,” list the 10 highest paid individuals or entities (fundraisers) pursuant to agreements under which the fundraiser is to be compensated at least $5,000 by the organization. (iii) Did fund(i) Name and address of individual or entity (fundraiser)

(ii) Activity

raiser have custody or control of contributions?

(iv) Gross receipts from activity

(v) Amount paid to (or retained by) fundraiser listed in col. (i)

Yes

No

(vi) Amount paid to (or retained by) organization

Yes No 1 2

3

4

5

6

7

8

9

10

Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

3

List all states in which the organization is registered or licensed to solicit contributions or has been notified it is exempt from registration or licensing.

. .......................................................................................................................................................... . .......................................................................................................................................................... . .......................................................................................................................................................... . .......................................................................................................................................................... . .......................................................................................................................................................... .

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ. .

DAA

Schedule G (Form 990) 2023

Page 2 KEY BISCAYNE COMMUNITY FOUNDATION 30-0239421 Fundraising Events. Complete if the organization answered “Yes” on Form 990, Part IV, line 18, or reported more than $15,000 of fundraising event contributions and gross income on Form 990-EZ, lines 1 and 6b. List events with gross receipts greater than $5,000.

Schedule G (Form 990) 2023

Part II

(a) Event #1

(b) Event #2

(c) Other events (d) Total events

AQUA PARTY Revenue

(event type)

NONE (event type)

(add col. (a) through col. (c))

(total number)

1 Gross receipts . . . . . . .

157,356

157,356

2 Less: Contributions . .

3 Gross income (line 1 minus line 2) . . . . . . . . . . . . . . . .

157,356

157,356

95,859

95,859

4 Cash prizes . . . . . . . . . .

Direct Expenses

5 Noncash prizes . . . . . .

6 Rent/facility costs . . . .

7 Food and beverages .

8 Entertainment . . . . . . . .

9 Other direct expenses

95,859 61,497

10 Direct expense summary. Add lines 4 through 9 in column (d) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

11 Net income summary. Subtract line 10 from line 3, column (d) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Direct Expenses

Revenue

Part III

Gaming. Complete if the organization answered “Yes” on Form 990, Part IV, line 19, or reported more than $15,000 on Form 990-EZ, line 6a. (a) Bingo

(b) Pull tabs/instant

bingo/progressive bingo

(d) Total gaming (add

(c) Other gaming

col. (a) through col. (c))

1 Gross revenue . . . . . . .

2 Cash prizes . . . . . . . . . .

3 Noncash prizes . . . . . .

4 Rent/facility costs . . . .

5 Other direct expenses 6 Volunteer labor . . . . . .

Yes . . . . . . . . . . . . . . . % No

Yes . . . . . . . . . . . . . . . % No

Yes . . . . . . . . . . . . . % No

7 Direct expense summary. Add lines 2 through 5 in column (d) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

8 Net gaming income summary. Subtract line 7 from line 1, column (d) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

9 Enter the state(s) in which the organization conducts gaming activities: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . a Is the organization licensed to conduct gaming activities in each of these states? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Yes No b If “No,” explain: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .................................................................................................................................................... . ....................................................................................................................................................

10a Were any of the organization’s gaming licenses revoked, suspended, or terminated during the tax year? . . . . . . . . . . . . . . . . . . . . . . . . . . b If “Yes,” explain:

Yes

No

. .................................................................................................................................................... . ....................................................................................................................................................

DAA

Schedule G (Form 990) 2023

Schedule G (Form 990) 2023

KEY BISCAYNE COMMUNITY FOUNDATION

Does the organization conduct gaming activities with nonmembers? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Is the organization a grantor, beneficiary or trustee of a trust, or a member of a partnership or other entity formed to administer charitable gaming? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

13 Indicate the percentage of gaming activity conducted in: a The organization’s facility . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

13a b An outside facility . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

13b 14 Enter the name and address of the person who prepares the organization’s gaming/special events books and records: Name

Page 3

30-0239421

11 12

Yes

No

Yes

No % %

..................................................................................................................................

Address . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

15a Does the organization have a contract with a third party from whom the organization receives gaming revenue? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b If “Yes,” enter the amount of gaming revenue received by the organization $ . . . . . . . . . . . . . . . . . . . . . . . . . . . and the amount of gaming revenue retained by the third party $ ........................... c If “Yes,” enter name and address of the third party: Name

Yes

No

Yes

No

..................................................................................................................................

Address . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

16

Gaming manager information: Name

..........................................................................................................................

Gaming manager compensation $ . . . . . . . . . . . . . . . . . . . . . . . . . .

Description of services provided . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Director/officer

17 a b

Employee

Independent contractor

Mandatory distributions: Is the organization required under state law to make charitable distributions from the gaming proceeds to retain the state gaming license? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Enter the amount of distributions required under state law to be distributed to other exempt organizations or spent in the organization’s own exempt activities during the tax year $

Part IV

Supplemental Information. Provide the explanations required by Part I, line 2b, columns (iii) and (v); and Part III, lines 9, 9b, 10b, 15b, 15c, 16, and 17b, as applicable. Also provide any additional information.

See instructions.

. .......................................................................................................................................................... . .......................................................................................................................................................... . .......................................................................................................................................................... . .......................................................................................................................................................... . .......................................................................................................................................................... . .......................................................................................................................................................... . .......................................................................................................................................................... . .......................................................................................................................................................... . .......................................................................................................................................................... . .......................................................................................................................................................... . .......................................................................................................................................................... . .......................................................................................................................................................... .

Schedule G (Form 990) 2023

DAA

Grants and Other Assistance to Organizations, Governments, and Individuals in the United States

SCHEDULE I (Form 990)

Part I 1 2

KEY BISCAYNE COMMUNITY FOUNDATION INC

Open to Public Inspection Employer identification number

30-0239421

General Information on Grants and Assistance

Does the organization maintain records to substantiate the amount of the grants or assistance, the grantees’ eligibility for the grants or assistance, and the selection criteria used to award the grants or assistance? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Describe in Part IV the organization’s procedures for monitoring the use of grant funds in the United States.

Part II 1

2023

Complete if the organization answered "Yes" on Form 990, Part IV, line 21 or 22.

Attach to Form 990.

Go to www.irs.gov/Form990 for the latest information.

Department of the Treasury Internal Revenue Service Name of the organization

OMB No. 1545-0047

Yes

X No

Grants and Other Assistance to Domestic Organizations and Domestic Governments. Complete if the organization answered “Yes” on Form 990, Part IV, line 21, for any recipient that received more than $5,000. Part II can be duplicated if additional space is needed. (a) Name and address of organization or government

(b) EIN

CLUB OFBISCAYNE FOUNDATION 2005 NW 18ST, APT 204 DELRAY BEACH FL 33445 (2) ST. AGNES CATHLOIC CHURCH 100 HARBOR DR . ...........................................................

KEY BISCAYNE FL 33149 (3) GREATER MIAMI JEWISH FEDERATION 4200 BISCAYNE BLVD . ...........................................................

MIAMI FL 33137 (4) ST. AGNES PARRISH HARBOR DR . . 100 ..........................................................

KEY BISCAYNE FL 33149 (5) FEEDING SOUTH FLORIDA 2501 SW 32 TERRACE . ...........................................................

PEMBROKE PARK FL 33023 (6) BASCOM PALMER EYE INSTITUTE 900 NW 17TH ST . ...........................................................

MIAMI FL 33136 (7) LUKE JERRAM LTD

(c) IRC

section (if applicable)

(d) Amount of cash grant

(e) Amount of noncash assistance

(f) Method of valuation (book, FMV, appraisal, other)

(g) Description of noncash assistance

(h) Purpose of grant or assistance

(1) ROATARY

. ...........................................................

15,000

132,212

120,000

40,000

15,000

15,000

. ...........................................................

15,945 (8) MIAMI

DADE COLLEGE FOUNDATION 300 NE SECOND AVE RM 1423-1 . ...........................................................

MIAMI FL 33132 (9) MIAMI FOURTH ESTATE INC 14 NE 1ST AVE STE 405 . ...........................................................

MIAMI FL 33132 2 3

44,000

Enter total number of section 501(c)(3) and government organizations listed in the line 1 table . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Enter total number of other organizations listed in the line 1 table . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

DAA

50,000

Schedule I (Form 990) 2023

Grants and Other Assistance to Organizations, Governments, and Individuals in the United States

SCHEDULE I (Form 990)

Part I 1 2

KEY BISCAYNE COMMUNITY FOUNDATION INC

Open to Public Inspection Employer identification number

30-0239421

General Information on Grants and Assistance

Does the organization maintain records to substantiate the amount of the grants or assistance, the grantees’ eligibility for the grants or assistance, and the selection criteria used to award the grants or assistance? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Describe in Part IV the organization’s procedures for monitoring the use of grant funds in the United States.

Part II 1

2023

Complete if the organization answered "Yes" on Form 990, Part IV, line 21 or 22.

Attach to Form 990.

Go to www.irs.gov/Form990 for the latest information.

Department of the Treasury Internal Revenue Service Name of the organization

OMB No. 1545-0047

Yes

No

Grants and Other Assistance to Domestic Organizations and Domestic Governments. Complete if the organization answered “Yes” on Form 990, Part IV, line 21, for any recipient that received more than $5,000. Part II can be duplicated if additional space is needed. (a) Name and address of organization or government

(b) EIN

THE WORLD 25 BROADWAY 17TH FLOOR NEW YORK NY 10004 (2) FOUNDATION FOR NEW EDUCATION INTIAT 1450 NW 2 AVENUE ROOM 931 . ...........................................................

MIAMI FL 33132-1308 (3) ST. THOMAS UNIVERSITY 16401 NW 37TH AVENUE . ...........................................................

MIAMI GARDENS FL 33054 (4) ARCHDIOCESE OF MIAMI BISCAYNE BLVD . . 9401 ..........................................................

MIAMI SHORES FL 33138 (5) BREAKTHROUGH GREATER BOSTON 101 ROGERS STREET . ...........................................................

CAMBRIDGE MA 02142 (6) THIRD OPTION FOUNDATION 11160-C1 SOUTH LAKES DR. #157 . ...........................................................

RESTON VA 20191 (7) JOURNEY FORWARD. ORG

(c) IRC

section (if applicable)

(d) Amount of cash grant

(e) Amount of noncash assistance

(f) Method of valuation (book, FMV, appraisal, other)

(g) Description of noncash assistance

(h) Purpose of grant or assistance

(1) REPAIR

. ...........................................................

20,000

11,000

10,000

25,000

10,000

10,000

. ...........................................................

7,500 (8) ADRIENNE

ARSHT CENTER TRUST INC 1300 BISCAYNE BLVD . ...........................................................

MIAMI FL 33132 (9) CRISTO REY MIAMI HIGH SCHOOL 125 NE 119 STREET . ...........................................................

MIAMI FL 33161 2 3

10,000

Enter total number of section 501(c)(3) and government organizations listed in the line 1 table . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Enter total number of other organizations listed in the line 1 table . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

DAA

25,000

Schedule I (Form 990) 2023

Grants and Other Assistance to Organizations, Governments, and Individuals in the United States

SCHEDULE I (Form 990)

Part I 1 2

2023

Complete if the organization answered "Yes" on Form 990, Part IV, line 21 or 22.

Attach to Form 990.

Go to www.irs.gov/Form990 for the latest information.

Department of the Treasury Internal Revenue Service Name of the organization

OMB No. 1545-0047

KEY BISCAYNE COMMUNITY FOUNDATION INC

Open to Public Inspection Employer identification number

30-0239421

General Information on Grants and Assistance

Does the organization maintain records to substantiate the amount of the grants or assistance, the grantees’ eligibility for the grants or assistance, and the selection criteria used to award the grants or assistance? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Describe in Part IV the organization’s procedures for monitoring the use of grant funds in the United States.

Part II

No

Grants and Other Assistance to Domestic Organizations and Domestic Governments. Complete if the organization answered “Yes” on Form 990, Part IV, line 21, for any recipient that received more than $5,000. Part II can be duplicated if additional space is needed. (a) Name and address of organization or government

1

Yes

(b) EIN

DOG RANCH RESCUE INC 14444 OKEECHOBEE ROAD GROVES FL 33470 (2) CAMUILLUS HOUSE PO BOX 11829 . ...........................................................

MIAMI FL 33101 (3) CARE INC 151 ELLIS STREET . ...........................................................

NE ATLANTA GA 30303 (4) PETA FRONT STREET FL 1040 . . 501 ..........................................................

NORFOLK VA 23510 (5) UNITED WAY OF MIAMI-DADE, INC 3250 SW 3RD AVENUE . ...........................................................

MIAMI FL 33129 (6) GABLESTAGE, INC 1200 ANASTAIA AVE STE 230 . ...........................................................

CORAL GABLES FL 33134 (7) KIPP MIAMI 60 PARK PLACE, STE 802 . ...........................................................

NEWARK NJ 07102 (8) CAMILLUS HOUSE INC PO BOX 11829 . ...........................................................

MIAMI FL 33101 (9) RANSOM EVERGLADES SCHOOL 3575 MIAN HIGHWAY . ...........................................................

COCONUT GROVE FL 33133

(c) IRC

section (if applicable)

(d) Amount of cash grant

(e) Amount of noncash assistance

(f) Method of valuation (book, FMV, appraisal, other)

(g) Description of noncash assistance

(h) Purpose of grant or assistance

(1) BIG

. ...........................................................

2 3

10,000

10,000

25,000

12,500

10,000

10,000

6,000

10,000

Enter total number of section 501(c)(3) and government organizations listed in the line 1 table . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Enter total number of other organizations listed in the line 1 table . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

DAA

12,500

Schedule I (Form 990) 2023

Grants and Other Assistance to Organizations, Governments, and Individuals in the United States

SCHEDULE I (Form 990)

Part I 1 2

2023

Complete if the organization answered "Yes" on Form 990, Part IV, line 21 or 22.

Attach to Form 990.

Go to www.irs.gov/Form990 for the latest information.

Department of the Treasury Internal Revenue Service Name of the organization

OMB No. 1545-0047

KEY BISCAYNE COMMUNITY FOUNDATION INC

Open to Public Inspection Employer identification number

30-0239421

General Information on Grants and Assistance

Does the organization maintain records to substantiate the amount of the grants or assistance, the grantees’ eligibility for the grants or assistance, and the selection criteria used to award the grants or assistance? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Describe in Part IV the organization’s procedures for monitoring the use of grant funds in the United States.

Part II

No

Grants and Other Assistance to Domestic Organizations and Domestic Governments. Complete if the organization answered “Yes” on Form 990, Part IV, line 21, for any recipient that received more than $5,000. Part II can be duplicated if additional space is needed. (a) Name and address of organization or government

1

Yes

(b) EIN

MAIMI FOUNDATION 40 NW 3RD STREET STE 305 MIAMI FL 33128 (2) THE M NETWORK, INC 14 NW 1ST AVENUE SUITE 405 . ...........................................................

MIAMI FL 33132 (3) UNITED WAY MIAMI PO BOX 29025 . ...........................................................

MIAMI FL 33102-9025 (4) MIAMI WATERKEEPER CORAL WAY, 2ND FLOOR . . 2103 ..........................................................

MIAMI FL 33145 (5) TROPICAL AUDUBON SOCIETY 5530 SUNSET DRIVE . ...........................................................

MIAMI FL 33143 (6) ENTERNITY AND GRACE MINISTRIES INC 950 UNIVERSITY DRIVE . ...........................................................

CORAL GABLES FL 33134 (7) BAPTIST HEALTH SOUTH FLORIDA FOUNDA PO BOX 748853 . ...........................................................

ATLANTA GA 30374-8853 (8) BELAFONTE TACOLCY CENTER, INC 6161 NORTHWEST 9TH AVENUE . ...........................................................

MIAMI FL 33127 (9) GANG ALTERNATIVE, INC 12000 BISCAYNE BOULEVARD SUITE 402 . ...........................................................

NORTH MIAMI FL 33181

(c) IRC

section (if applicable)

(d) Amount of cash grant

(e) Amount of noncash assistance

(f) Method of valuation (book, FMV, appraisal, other)

(g) Description of noncash assistance

(h) Purpose of grant or assistance

(1) THE

. ...........................................................

2 3

8,425

30,000

10,000

10,000

10,000

20,000

10,000

10,000

Enter total number of section 501(c)(3) and government organizations listed in the line 1 table . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Enter total number of other organizations listed in the line 1 table . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

DAA

15,000

Schedule I (Form 990) 2023

Grants and Other Assistance to Organizations, Governments, and Individuals in the United States

SCHEDULE I (Form 990)

Part I 1 2

KEY BISCAYNE COMMUNITY FOUNDATION INC

Open to Public Inspection Employer identification number

30-0239421

General Information on Grants and Assistance

Does the organization maintain records to substantiate the amount of the grants or assistance, the grantees’ eligibility for the grants or assistance, and the selection criteria used to award the grants or assistance? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Describe in Part IV the organization’s procedures for monitoring the use of grant funds in the United States.

Part II 1

2023

Complete if the organization answered "Yes" on Form 990, Part IV, line 21 or 22.

Attach to Form 990.

Go to www.irs.gov/Form990 for the latest information.

Department of the Treasury Internal Revenue Service Name of the organization

OMB No. 1545-0047

Yes

No

Grants and Other Assistance to Domestic Organizations and Domestic Governments. Complete if the organization answered “Yes” on Form 990, Part IV, line 21, for any recipient that received more than $5,000. Part II can be duplicated if additional space is needed. (a) Name and address of organization or government

(1) FAVIO

(b) EIN

(c) IRC

section (if applicable)

(d) Amount of cash grant

(e) Amount of noncash assistance

(f) Method of valuation (book, FMV, appraisal, other)

(g) Description of noncash assistance

(h) Purpose of grant or assistance

CHAVEZ

. ...........................................................

10,000 (2) . ...........................................................

(3) . ...........................................................

(4) . ...........................................................

(5) . ...........................................................

(6) . ...........................................................

(7) . ...........................................................

(8) . ...........................................................

(9) . ...........................................................

2 3

Enter total number of section 501(c)(3) and government organizations listed in the line 1 table . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Enter total number of other organizations listed in the line 1 table . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

DAA

Schedule I (Form 990) 2023

Schedule I (Form 990) 2023

Part III

KEY BISCAYNE COMMUNITY FOUNDATION

30-0239421

Page 2

Grants and Other Assistance to Domestic Individuals. Complete if the organization answered “Yes” on Form 990, Part IV, line 22.

Part III can be duplicated if additional space is needed. (a) Type of grant or assistance

1 SCHOLARSHIP

(b) Number of recipients

39

(c) Amount of cash grant

333,205

(d) Amount of noncash assistance

(e) Method of valuation (book, (f) Description of noncash assistance FMV, appraisal, other)

FMV

SCHOLARSHIP

2 3 4 5 6 7

Part IV

Supplemental Information. Provide the information required in Part I, line 2; Part III, column (b); and any other additional information.

. ...........................................................................................................................................................................................................

. ...........................................................................................................................................................................................................

. ...........................................................................................................................................................................................................

. ...........................................................................................................................................................................................................

. ...........................................................................................................................................................................................................

. ...........................................................................................................................................................................................................

. ...........................................................................................................................................................................................................

. ...........................................................................................................................................................................................................

. ...........................................................................................................................................................................................................

. ...........................................................................................................................................................................................................

Schedule I (Form 990) 2023 DAA

SCHEDULE O (Form 990)

Supplemental Information to Form 990 or 990-EZ

OMB No. 1545-0047

Complete to provide information for responses to specific questions on Form 990 or 990-EZ or to provide any additional information.

2023

Department of the Treasury Internal Revenue Service

Attach to Form 990 or Form 990-EZ. Go to www.irs.gov/Form990 for the latest information.

Open to Public Inspection

Name of the organization

KEY BISCAYNE COMMUNITY FOUNDATION INC

Employer identification number

30-0239421

FORM 990 - ORGANIZATION'S MISSION OR MOST SIGNIFICANT ACTIVITIES

. ..........................................................................................................................................................

THE KEY BISCAYNE COMMUNITY FOUNDATION ADDRESSES COMMUNITY NEEDS AND EFECTS

. ..........................................................................................................................................................

POSITIVE CHANGE. BY CLOSELY MONITORING LOCAL ISSUES, OPPORTUNITIES AND

. ..........................................................................................................................................................

RESOURCES, KBCF HAS AN IN-DEPTH UNDERSTANDING OF THE REGION CHALLENGES, AND

. ..........................................................................................................................................................

THE ORGANIZATIONS ADDRESSING THEM. TOGETHER WITH OUR VOLUNTEERS, WE WORK TO

. ..........................................................................................................................................................

ESTABLISH INITIATIVES FOR CHANGE ACROSS SUBJECT AREAS ESSENTIAL TO THE

. ..........................................................................................................................................................

WELL-BEING OF EVERY COMMUNITY MEMBER.

. ..........................................................................................................................................................

. ..........................................................................................................................................................

FORM 990 - ORGANIZATION'S MISSION

. ..........................................................................................................................................................

THE ORGANIZATION HOLDS FUNDRAISING EVENTS AND OTHERWISE RAISES FUNDS IN

. ..........................................................................................................................................................

ORDER TO MAKE GRANTS THAT BENEFIT THE COMMUNITY. MULTIPLE GRANTS, WERE PAID

. ..........................................................................................................................................................

DURING THE YEAR TO BENEFIT THE COMMUNITY. IN ADDITION, SEVERAL EVENTS

. ..........................................................................................................................................................

SERVED TO EDUCATE MEMBERS OF THE COMMUNITY ABOUT SERVICES AND BENEFITS

. ..........................................................................................................................................................

AVAILABLE IN THE COMMUNITY.

. ..........................................................................................................................................................

. ..........................................................................................................................................................

FORM 990, PART III, LINE 4A - FIRST ACCOMPLISHMENT

. ..........................................................................................................................................................

OUR MISSION IS TO ENABLE, FACILITATE, AND EMPOWER RESIDENTS TO MAKE A

. ..........................................................................................................................................................

POSITIVE D1TTERENCE IN THE LOCAL AND GREATER COMMUNITIES THROUGH PROGRAMS,

. ..........................................................................................................................................................

GRANT MAKING, FISCAL SPONSORSHIP, AND COMMUNITY LEADERSHIP.

. ..........................................................................................................................................................

. ..........................................................................................................................................................

THE KEY BISCAYNE COMMUNITY FOUNDATION ALSO OFFERS GRANTS TO SUPPORT

. ..........................................................................................................................................................

CHARITABLE ORGANIZATIONS ON AND OFF THE ISLAND. WE BELIEVE THAT WE ARE

. ..........................................................................................................................................................

A COMMUNITY WITHIN A COMMUNITY, SO THE FOUNDATION LOOKS TO IMPROVE THE

. ..........................................................................................................................................................

QUALITY OF LIFE FOR BOTH THE RESIDENTS OF KEY BISCAYNE AND GREATER MIAMI-

. ..........................................................................................................................................................

.

DADE COUNTY.

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ. DAA

Schedule O (Form 990) 2023

Page 2

Schedule O (Form 990) 2023 Name of the organization

KEY BISCAYNE COMMUNITY FOUNDATION

Employer identification number

30-0239421

. ..........................................................................................................................................................

THE KEY BISCAYNE COMMUNITY FOUNDATION PARTNERS WITH LOCAL ORGANIZATIONS

. ..........................................................................................................................................................

TO FACILITATE CHANGE, BUILD COMMUNITY SUPPORT, AND CREATE LONG-TERM

. ..........................................................................................................................................................

SUSTAINABILITY FOR FAMILIES AND COMMUNITIES IN NEED. THESE GOALS ARE

. ..........................................................................................................................................................

REACHED THROUGH A COLLECTIVE IMPACT APPROACH AND THROUGH OTHER FORMS OF

. ..........................................................................................................................................................

COLLABORATION.

. ..........................................................................................................................................................

. ..........................................................................................................................................................

FORM 990, PART VI, LINE 11B - ORGANIZATION'S PROCESS TO REVIEW FORM 990

. ..........................................................................................................................................................

A DRAFT OF THE RETURN WAS PROVIDED TO THE EXECUTIVE DIRECTOR AND TREASURER

. ..........................................................................................................................................................

FOR REVIEW. UPON THEIR APPROVAL, THE RETURN WAS RELEASED FOR FILING.

. ..........................................................................................................................................................

. ..........................................................................................................................................................

FORM 990, PART VI, LINE 12C - ENFORCEMENT OF CONFLICTS POLICY

. ..........................................................................................................................................................

GOVERNING DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. THE ONLY FORMAL

. ..........................................................................................................................................................

FINANCIAL STATEMENTS ARE CONTAINED WITHIN THE FORM 990, WHICH IS AVAILABLE

. ..........................................................................................................................................................

UPON REQUEST.

. ..........................................................................................................................................................

. ..........................................................................................................................................................

FORM 990, PART VI, LINE 15A - COMPENSATION PROCESS FOR TOP OFFICIAL

. ..........................................................................................................................................................

THE BOARD OF DIRECTORS MEETS AND REVIEWS COMPARABLE COMPENSATION FOR

. ..........................................................................................................................................................

SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT

. ..........................................................................................................................................................

SIMILARLY SITUATED ORGANIZATIONS. CONTEMPORANEOUS DOCUMENTATION AND

. ..........................................................................................................................................................

RECORDKEEPING FOR DELIBERATIONS AND DECISIONS REGARDING THE COMPENSATION

. ..........................................................................................................................................................

ARRANGEMENT ARE MAINTAINED.

. ..........................................................................................................................................................

. ..........................................................................................................................................................

FORM 990, PART VI, LINE 19 - GOVERNING DOCUMENTS DISCLOSURE EXPLANATION

. ..........................................................................................................................................................

GOVERNING DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. THE ONLY FORMAL

. ..........................................................................................................................................................

FINANCIAL STATEMENTS ARE CONTAINED WITHIN THE 990, WHICH AVAILABLE UPON

. ..........................................................................................................................................................

REQUEST.

. ..........................................................................................................................................................

PAGE 1 OF 2 Schedule O (Form 990) 2023 DAA

Page 2

Schedule O (Form 990) 2023 Name of the organization

KEY BISCAYNE COMMUNITY FOUNDATION

Employer identification number

30-0239421

. ..........................................................................................................................................................

FORM 990, PART XI, LINE 9 - OTHER CHANGES IN NET ASSETS EXPLANATION

. ..........................................................................................................................................................

ADMINISTRATIVE FEE REVENUE

$

-289,484

ADMINISTRATIVE FEE REVENUE

$

289,484

. ..........................................................................................................................................................

. ..........................................................................................................................................................

. ..........................................................................................................................................................

. ..........................................................................................................................................................

. ..........................................................................................................................................................

. ..........................................................................................................................................................

. ..........................................................................................................................................................

. ..........................................................................................................................................................

. ..........................................................................................................................................................

. ..........................................................................................................................................................

. ..........................................................................................................................................................

. ..........................................................................................................................................................

. ..........................................................................................................................................................

. ..........................................................................................................................................................

. ..........................................................................................................................................................

. ..........................................................................................................................................................

. ..........................................................................................................................................................

. ..........................................................................................................................................................

. ..........................................................................................................................................................

. ..........................................................................................................................................................

. ..........................................................................................................................................................

. ..........................................................................................................................................................

. ..........................................................................................................................................................

. ..........................................................................................................................................................

. ..........................................................................................................................................................

PAGE 2 OF 2 Schedule O (Form 990) 2023 DAA

Form

990 Description

2023

Event Income and Deduction Worksheet AQUA PARTY

Name

Taxpayer Identification Number

KEY BISCAYNE COMMUNITY FOUNDATION

30-0239421

Use this worksheet to verify data entered for a specific activity on your form 990/990EZ

Income & Expense Summary: 1. Gross receipts or sales . . . . . . . . . . . . . . . . .1.

2. Advertising income . . . . . . . . . . . . . . . . . . . . .2.

3. Circulation income . . . . . . . . . . . . . . . . . . . . . .3.

4. Other income . . . . . . . . . . . . . . . . . . . . . . . . . . .4.

5. Returns and allowances . . . . . . . . . . . . . . . .5.

6. Contributions received . . . . . . . . . . . . . . . . . .6.

7. Total revenue. Add lines 1 through 6 . . .7.

8. Cost of Goods Sold . . . . . . . . . . . . . . . . . . . . .8.

9. Employment Expense . . . . . . . . . . . . . . . . . . .9.

10. Fees for services . . . . . . . . . . . . . . . . . . . . . 10.

11. Indirect Expense . . . . . . . . . . . . . . . . . . . . . . .11. .

12. Depreciation Expense . . . . . . . . . . . . . . . . 12.

13. Exempt Activity Expense . . . . . . . . . . . . . . .13. .

14. Fundraising Expense . . . . . . . . . . . . . . . . . .14. .

15. Total expenses. Add lines 8 through 1415. .

16. Net Income/Loss. Line 7 minus Line 1516. .

157,356

157,356

95,859 95,859 61,497

Expense Details - Cost of Goods Sold: Beginning inventory . . . . . . . . . . . . . . . . . . . . . . . . .

Purchases . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Labor . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Section 263A costs . . . . . . . . . . . . . . . . . . . . . . . . .

Other costs . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Ending inventory . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Total Cost of Goods Sold . . . . . . . . . . . . . . . . .

Expense Details - Employment Expense: Compensation of officers . . . . . . . . . . . . . . . . . . .

Other salaries and wages . . . . . . . . . . . . . . . . . . .

Pension plan contributions . . . . . . . . . . . . . . . . . .

Other employee benefits . . . . . . . . . . . . . . . . . . . .

Payroll taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Total Employment Expense . . . . . . . . . . . . . .

Expense Details - Fees for Services: Management . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Legal . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Accounting . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Lobbying . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Professional fundraising . . . . . . . . . . . . . . . . . . . . . .

Investment management . . . . . . . . . . . . . . . . . . . . . .

Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Total Fees for Services . . . . . . . . . . . . . . . . . . . . .

Information is indicated for use on Form 990-T, Schedule A: Schedule A, UBIT Activity Code Seq # Part V, Debt Financing Part VI, Controlled Org Income Part VII, Investments for C(7)(9)(17) Part VIII, Exploited Activities Part IX, Advertising Income

Expense Details - Indirect Expense: Advertising and promotion . . . . . . . . . . . .

Office . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Printing/publication/postage . . . . . . . . . . .

Info technology/Maintenance . . . . . . . . . .

Royalties & License Fees . . . . . . . . . . . . .

Occupancy/Real Estate Taxes . . . . . . . .

Travel & Repairs . . . . . . . . . . . . . . . . . . . . . .

Travel/entertainment (officials) . . . . . . . .

Conferences/meetings . . . . . . . . . . . . . . . .

Interest . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Insurance . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Total Indirect Expense . . . . . . . . . . . . . .

Expense Details - Depreciation Expense: On investment property . . . . . . . . . . . . . . .

On non-investment property . . . . . . . . . .

Amortization . . . . . . . . . . . . . . . . . . . . . . . . . .

Depletion . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Total Depreciation Expense . . . . . . . .

Expense Details - Exempt Activity Expense: Repairs and Maintenance . . . . . . . . . . . . .

Bad debts . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Taxes/licenses . . . . . . . . . . . . . . . . . . . . . . . .

Charitable contributions . . . . . . . . . . . . . . .

Dividend recd deductions . . . . . . . . . . . . .

Readership costs . . . . . . . . . . . . . . . . . . . . .

Other expenses . . . . . . . . . . . . . . . . . . . . . . .

Total Exempt Activity Expense . . . . .

Expense Details - Fundraising Expense: Cash prizes . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Non-cash prizes . . . . . . . . . . . . . . . . . . . . . . . .

Rent and facility costs . . . . . . . . . . . . . . . . . .

Food & beverages (Part II only) . . . . . . . . .

Entertainment (Part II only) . . . . . . . . . . . . .

Other direct expenses . . . . . . . . . . . . . . . . . .

Total Fundraising Expense . . . . . . . . . . .

95,859 95,859

Allocation of Expense to Program Service Accomplishments: First . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Second . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Third . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

All other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Federal Statements

30-0239421

Form 990, Part IX, Line 11g - Other Fees for Service (Non-employee) Total Expenses

Description OTHER FEES TOTAL

$ $

34,941 34,941

Program Service $ $

Management & General 0

$ $

34,941 34,941

Fund Raising $ $

0

Form 990, Part IX, Line 24e - All Other Expenses Total Expenses

Description STORAGE SPACE RENTAL SUPPLIES EQUIPMENT COMPUTER SOFTWARE WEBSIT & INTERNET PUBLIC RELATIONS MEETINGS LIABILITY D&O COMMUNICATIONS BANK FEES BUSINESS LICENSES MISCELLANEOUS EXPENSE TOTAL

$

$

10,300 6,530 3,377 7,606 685 706 3,449 8,135 2,680 1,252 14,472 61 48,934 108,187

Program Service $

$

10,300 6,530 3,377 7,606 685 706 3,449 8,135 2,680 1,252 14,472 61 48,934 108,187

Management & General $

$

Fund Raising $

0

$

0

Federal Statements

30-0239421

Schedule A, Part II, Line 1(e) Description OTHER

Amount $ $

TOTAL

2,466,061 2,466,061

Schedule A, Part II, Line 12 - Current year Description PROGRAM SERVICE REVENUE TAXABLE INTEREST ON SAVINGS AND TEMPORARY CASH INVESTMENTS AQUA PARTY TOTAL

Amount $

$

985,993 353,716 157,356 1,497,065