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Drew Foundation EIN 59-6669745

Drew Foundation

EIN  59-6669745 Supporting organization Jacksonville, FL
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Size
<$100K
What they do
Gives cash to animal shelters, hospitals, and churches for community service.
Leadership
Cypress Bank and Trust · Institutionl · $17K
Money in and out
$45K revenue, $80K expenses
Bottom line
-79% net inflow

Gives cash to animal shelters, hospitals, and churches for community service. For fiscal year 2025 it reported $45K in revenue, $80K in expenses, and $1.7M in net assets.Pt I

Money in and out · FY2025
Total revenue
$45K
Pt VIII · Ln 12
Total expenses
$80K
Pt IX · Ln 25
Net assets
$1.7M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$35K
Where spending went · Part IX cols B–D
Program services $0.76 Management & general $0.24
Net inflow
-79%
revenue over expenses, this year
Pass-through gifts
0%
of revenue from contributions
Program spending
76%
of expenses reach stated programs▲ +3% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$45K
FY2025▲ +197%
Expenses
$80K
FY2025▼ -6%
Total assets
$1.7M
FY2025▲ +6%
Total liabilities
$0
FY2025
Total revenue
$45K
Pt VIII · Ln 12
Total expenses
$80K
Pt IX · Ln 25
Net assets
$1.7M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$35K
Total assetsPt X · Ln 16$1.7M
Program-expense ratioPt IX · col B76%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 4pending
Mission & Programs · Part III

Where the work happens

3 program services account for $61K of program spending, described in the organization's own filed words · FY2024.
01

St John's Cathedral

The rector, wardens & vestry of ST johns parrish, 256 e church ST, jacksonville, FL 32202

$37Kprogram expense
02

Mayo Clinic of Florida

The mayo clinic office of gift planning, 200 first street SW - siebens 9, rochester, MN 55905

$21Kprogram expense
03

Jacksonville humane society, 8464 beach BLVD, jacksonville, FL 32216.3131

$3Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CDrew Foundation
EINHdr · item D59-6669745
Principal addressHdr · item CJacksonville, FL
WebsiteHdr · item Jwww.cypresstrust.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MFL
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T90Z)
Ruling yearIRS BMFAug 1981

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a4
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
$17,063Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Cypress Bank and Trust’s $17K as Institutionl is at the 66th percentile of top reported officer pay among 129 <$100K philanthropy & grantmaking nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024FY2023
Cypress Bank and Trust$17,063$16,403$15,960

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Investment income100%$45K
Total revenueLn 12$45K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.76 Management & general $0.24
Program services76%$61K
Management & general24%$19K
Total functional expensesLn 25$80K

Balance Sheet

Part X · end of year
CashLn 1$15K
Total assetsLn 16$1.7M
Total liabilitiesLn 26$0
Total net assetsLn 32$1.7M
Months of cash on handcomputed2.2

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $1.7M · Operating expenses/yr $80K
255.9 months
Where the money goes
Program services
Program services $61K · Total expenses $80K
76%
Management & General
Management & general $19K · Total expenses $80K
24%
Fundraising
Fundraising $0 · Total expenses $80K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $45K
0%
Government reliance
Government grants — · Total revenue $45K
—
Earned-income share
Program service revenue $0 · Total revenue $45K
0%
Investment reliance
Investment income $45K · Total revenue $45K
+100%
Program self-sufficiency
Program service revenue $0 · Total expenses $80K
0%
Growth & trend
Revenue growth (YoY)
This year $45K · Prior year $-46K
Prior-year revenue below floor — showing dollar change
Net-asset trend (YoY)
End of year $1.7M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $45K · Expenses $80K
-79%
Liabilities-to-Assets
Total liabilities — · Total assets $1.7M
—
Net-asset ratio
Net assets $1.7M · Total assets $1.7M
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $1.7M · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $1.7M
99%
People & payroll
Highest Reported Total Compensation
Individual Cypress Bank and Trust · Reported title INSTITUTIONL · Highest reported compensation $17K · Total expenses $80K
21%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $17K · Total expenses $80K
21%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 76%——
Overhead ratio 24%——
Revenue growth 197%——
Investment management fee ratio 0%——
Accounting fee ratio 2%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · this organization's grantmaking
Grants paid · 8 grants · $243K · 2021–2024
St John's CathedralFL · FY2024$36,659
Mayo Clinic FloridaMN · FY2024$21,384
St John's CathedralFL · FY2023$38,104
Mayo Clinic FloridaMN · FY2023$22,226
St John's CathedralFL · FY2022$39,247
Mayo Clinic FloridaMN · FY2022$22,893
St Johns Episcopal ChurchFY2021$39,506
Mayo Clinic FloridaMN · FY2021$23,047

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$45K revenue · viewing · ⤓ 990 PDF
FY2024$-46K revenue · ⤓ 990 PDF
FY2023$45K revenue · ⤓ 990 PDF
FY2022$56K revenue · ⤓ 990 PDF
FY2021$343K revenue · ⤓ 990 PDF
FY2020$4K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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