Is Micky And Madeleine Arison Family Foundation Legit?

The Micky And Madeleine Arison Family Foundation demonstrates a consistent commitment to its philanthropic mission, as evidenced by its substantial asset base and regular grantmaking activities. While the foundation's revenue has fluctuated significantly over the years, from a high of $66.7 million in 2015 to $11.2 million in 2023, its expenses have generally remained within a reasonable range relative to its assets, indicating a stable operational capacity. The foundation's financial health appears robust, with assets consistently exceeding $200 million in recent years, suggesting a strong endowment for future giving. Spending efficiency is a notable strength, particularly given the consistent 0% officer compensation reported across all filings. This indicates that administrative costs related to executive salaries are non-existent, allowing a greater proportion of funds to be directed towards programs. The foundation's liabilities are consistently minimal, often reported as $1, which points to excellent financial management and a lack of significant debt. This lean operational structure contributes positively to its overall efficiency. Transparency is high, with readily available IRS 990 filings showing detailed financial information. The consistent reporting of 0% officer compensation is a clear indicator of transparency regarding executive pay. The foundation's consistent growth in assets over the long term, from $38.5 million in 2011 to $219 million in 2023, further underscores its sound financial stewardship and ability to grow its philanthropic capacity.