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Fernandez Buddin Family Foundation is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2022. The principal officer is Foundation Source. It holds total assets of $6.5M. Annual income is reported at $3.2M. The foundation is governed by 2 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2021 to 2023. According to available records, Fernandez Buddin Family Foundation has made 12 grants totaling $1.9M, with a median grant of $75K. Annual giving has decreased from $1.1M in 2021 to $540K in 2023. Individual grants have ranged from $15K to $1M, with an average award of $162K. The foundation has supported 6 unique organizations. Grants have been distributed to organizations in PR and Michigan and California. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Fernandez Buddin Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 12 grants. Its grantmaking reaches organizations primarily in PR, MI, CA.
Fernandez Buddin Family Foundation has distributed a total of $1.9M across 12 grants. The median grant size is $75K, with an average of $162K. Individual grants have ranged from $15K to $1M.
Fernandez Buddin Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Fernandez Buddin Family Foundation is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Deidre Buddin | Sec, Treas, Dir, Pres | $0 | $0 | N/A |
| Jose A Fernandez | Dir, Chair | $0 | $0 | N/A |
Total Giving
$575K
Total Assets
$6.6M
Fair Market Value
$6.8M
Net Worth
$6.6M
Grants Paid
$540K
Contributions
$350K
Net Investment Income
$272K
Distribution Amount
$319K
Total Grants
12
Total Giving
$1.9M
Average Grant
$162K
Median Grant
$75K
Unique Recipients
6
Most Common Grant
$100K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Caras Of The AmericasGeneral & Unrestricted | San Juan, PR | $300K | 2023 |
| Regents Of The University Of MichiganFernandez Buddin Family Foundation Fellowship Fund and the Medical School's Elizabeth Weiser Caswell Diabetes Institute | Ann Arbor, MI | $100K | 2023 |
| Monarch School ProjectGeneral & Unrestricted | San Diego, CA | $50K | 2023 |
| Rady Childrens Hospital Foundation- San DiegoFernandez Buddin Basic Needs Fund in the Department of Endocrinology, intended to address food insecurity, technology, diabetic supplies, education and psychological needs | San Diego, CA | $50K | 2023 |
| Diabetes Research ConnectionGeneral & Unrestricted | Del Mar, CA | $25K | 2023 |
| Jdrf InternationalCharitable Event | Tustin, CA | $15K | 2023 |