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2020 KBCF Annual Report | Supporting our community through the COVID-19 Pandemic
Collage of people for the 2020 KBCF Annual Report

Key Biscayne
Community Foundation

Our mission is to enable, facilitate, and empower residents to make a positive difference in the local, greater, and global community through programs, grantmaking, fiscal sponsorship,
and community leadership.

Beginning 2020 &
The COVID-19 Pandemic

2020 began with the celebration of KBCF’s annual fundraiser, Aqua Party. Shortly after, COVID-19 emerged globally, and with it came new challenges for our community and our Village.

In March, the Key Biscayne Community Foundation began addressing those new challenges by supporting those most at-risk and those most in-need through discretionary grantmaking, and we facilitated volunteer coordination for various donation drives and distribution efforts offered by friends, neighbors, businesses, partners, and donors.

Key Biscayne’s COVID-19
Drive-Thru Testing Site

Before COVID tests were widely accessible, in partnership with the Village of Key Biscayne and BioCollections Worldwide, we launched Key Biscayne’s COVID-19 Testing Portal, which successfully administered over 5,400 COVID-19 tests to residents and essential workers on the Key.

Supporting Those Most
Impacted by the COVID-19 Pandemic

Through our discretionary grantmaking, we were able to award over $90,000 through disaster relief funds and our three new emergency programs: the KBCF COVID-19 Essential Workers Grant; the Corona Caring Grant; and the Emergency Hardship Grant.

KBCF partnered with local businesses that were struggling under the tight quarantine restrictions to help boost their sales while delivering hope and nourishment to our residents.

Volunteer sorts donated food


Masks Made & Distributed on the Key


Gloves Distributed on the Key


Masks Donated & Distributed


Bottles of Hand Sanitizer Distributed

Creating New Opportunities in Liberty City & Supporting World Central Kitchen Throughout Miami

Our focus is never solely on Key Biscayne. Through off-Key partnerships, KBCF also supported and facilitated over 20,000 meal deliveries to families in our sister city, Liberty City, as well as other underserved communities throughout Miami-Dade County.

Sharing Art with “LET’S SHARE A SMILE” by ArtCares for Kids

At the start of lockdown, ArtCares for Kids partnered with Miami Meditation Center and Talking Off the Wall to launch Let’s Share a Smile — a communal coloring project that shared art and smiles with thousands of users.

Lift Your Spirits! Our First Annual Halloween House Decorating Contest

With our traditional Halloween canceled due to COVID-19 restrictions, the Key Biscayne Community Foundation launched the first annual Lift Your Spirits Halloween house decorating contest for Key Biscayne residents.

Getting Out of the House with an Impact & Education

Fill-a-Bag partnered with us to launch Cleanup KB, a summer program that combined weeks of community cleanups with an impactful and educational experience for families on the Key. And we partnered with Marjory Stoneman Douglas Biscayne Nature Center to create Explore KB, which offered a sensational and educational outdoor experience at Bill Baggs Cape Florida State Park.

Supporting Miami Nonprofits on #GiveMiamiDay

And finally, with so much giving and charity spent on helping with the pandemic, it was overwhelming to also find such generous support on Give Miami Day, where over $90,000 was raised for KBCF programs & organizations alone. Congrats to the Miami Foundation for raising $18 million for nonprofits throughout Miami-Dade County.


Raised on Give Miami Day


KBCF Programs & Organizations

Grant Disbursements

With over $800,000 granted in 2020, the Key Biscayne Community Foundation supports the causes that matter: education, arts and culture, community programs, health and wellness, and environmental stewardship.

This year’s grantees include Miami Children’s Initiative, Casa Valentina, United Way of Miami-Dade, Lotus House, Adrienne Arsht Center, Fairchild Tropical Botanical Garden, Foundation for New Education Initiatives, City Theatre, and Camillus House.

Disbursements by Category

Education 30%
Arts & Culture 9%
Community Programs 45%
Health & Wellness 8%
Environment 9%

Statement of Activities

Contributions 3,538,492
Federal Grant 94,575
Program Services 772,915
Administration Fees 333,336
In-Kind Contributions 7,393
Special Event Income 18,982
Investment Returns 875,059
Net Assets Released from Restrictions
Total Support & Revenue 5,640,782
EXPENSES 2020 ($)
Program Services 4,191,055
Management & General Services 178,370
Fundraising 111,705
Total Expenses 4,481,130
NET ASSETS 2020 ($)
Net Assets as of 1/1/20 8,580,358
Change in Net Assets 1,094,468
Total Net Assets 9,674,826

Statement of Financial Position

ASSETS 2020 ($)
Cash & Cash Equivalent 1,690,670
Contributions Receivable 436,646
Interest Receivable 26,542
Program Service Receivables 93,570
Prepaid Expenses 3,000
Investments 5,730,443
Mortgage Note Receivable 2,275,000
Property & Equipment 3,128
Total Assets 10,248,999
Accounts Payable 160,863
Scholarships Payable 219,610
Paycheck Protection Program Loan 43,700
SBA Economic Injury Disaster Loan 150,000
Total Liabilities 574,173
NET ASSETS 2020 ($)
Without Restrictions 1,320,375
With Restrictions 8,354,451
Total Net Assets 9,674,826
Total Liabilities & Net Assets 10,248,999