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.
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Masks Made & Distributed on the Key
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Gloves Distributed on the Key
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Masks Donated & Distributed
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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.
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Raised on Give Miami Day
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KBCF Programs & Organizations
Grant Disbursements
With over $800,000 granted in 2020, the Key Biscayne Community Foundation supports the causes that matter: education, arts and culture, community programs, health and wellness, and environmental stewardship.
This year’s grantees include Miami Children’s Initiative, Casa Valentina, United Way of Miami-Dade, Lotus House, Adrienne Arsht Center, Fairchild Tropical Botanical Garden, Foundation for New Education Initiatives, City Theatre, and Camillus House.
Statement of Activities
| SUPPORT & REVENUE | 2020 ($) |
|---|---|
| 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 ($) |
|---|---|
| Cash & Cash Equivalent | 1,690,670 |
| Contributions Receivable | 436,646 |
| Interest Receivable | 26,542 |
| Program Service Receivables | 93,570 |
| Prepaid Expenses | 3,000 |
| Investments | 5,730,443 |
| Mortgage Note Receivable | 2,275,000 |
| Property & Equipment | 3,128 |
| Total Assets | 10,248,999 |
| LIABILITIES | 2020 ($) |
|---|---|
| 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 ($) |
|---|---|
| Without Restrictions | 1,320,375 |
| With Restrictions | 8,354,451 |
| Total Net Assets | 9,674,826 |
| TOTAL LIABILITIES & NET ASSETS | 2020 ($) |
|---|---|
| Total Liabilities & Net Assets | 10,248,999 |