Addition Financial Foundation Inc

Foundation · Grantmaker Lake Mary, FL EIN: 87-0878614

Addition Financial Foundation Inc is a private foundation focused on Education, based in Lake Mary, FL. IRS filing data is available from 2022 through 2025. As of 2025, the organization holds $355K in total assets. In 2025, it awarded 15 grants totaling $177K.

Key facts about Addition Financial Foundation Inc

In short: Addition Financial Foundation Inc gave $177K across 15 grants in 2025 (avg $12K), mostly in Florida. Source: 2025 IRS Form 990-PF.

EIN
87-0878614
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$177,251
Grants made (2025)
15
Average grant
$11,817
Median grant
$15,000
Total assets
$354,696
Primary geography
Florida (100% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$355K

+10.0% YoY

Annual Giving

$177K

-1.9% YoY

Grant Count

15

+15.4% YoY

Avg Grant Size

$12K

-15.0% YoY

Under IRS private-foundation payout rules, Addition Financial Foundation Inc reported a distributable amount of $16K for 2025 — the minimum it must pay out in qualifying distributions.

How Addition Financial Foundation Inc gives

  • 23% of 2025 grantees were also funded in 2024. Method
  • In 2025 it paid out well above its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990 filings (2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of all 15 itemized 2025 grant dollars.

States

Cities

OrlandoMaitlandSanfordWinter ParkCasselberryClermontDaytona BeachKissimmeeLongwoodTallahasseeTavares

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K$200K0 grants20220 grants202313 grants202415 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Kick Off for Kids: $25KKick Off for Kids$25KFutures Foundation - Volusia County Schools: $20KFutures Foundation - VolusiaCounty Schools$20KHolocaust Memorial Resource & Education Center of Florida: $20KHolocaust Memorial Resource &Education Center of Florida$20KNuevo Sendero Inc - Central Florida Foundation: $20KNuevo Sendero Inc - CentralFlorida Foundation$20KCentral Florida Community Arts: $16K across 2 grantsCentral Florida Community Arts$16K · 2 grantsGrow Healthy Kids: $15K across 2 grantsGrow Healthy Kids$15K · 2 grantsCommunity Legal Services: $15KCommunity Legal Services$15KEmbrace Health: $15KEmbrace Health$15KMichael's Foundation: $15KMichael's Foundation$15KThe Sharing Center: $15KThe Sharing Center$15K

Grant Size Distribution

28 grants across all recorded years

28<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
KICK OFF FOR KIDS Orlando, FLFOOD FOR SCHOOL PANTRIES$25,000
FUTURES FOUNDATION - VOLUSIA COUNTY SCHOOLS Daytona Beach, FLOPENED AND SUPPORTED THE COST OF GOODS FOR THE FREE TEACHER STORE.$20,000
HOLOCAUST MEMORIAL RESOURCE & EDUCATION CENTER OF FLORIDA Maitland, FLPROVIDE EDUCATIONAL OPPORTUNITIES AND COVER FIELD TRIP COSTS.$20,000
NUEVO SENDERO INC - CENTRAL FLORIDA FOUNDATION Orlando, FLART PROGRAMS AND OTHER EDUCATIONAL OPPORTUNITIES FOR WOMEN FROM DOMESTIC ABUSE SITUATIONS.$20,000
CENTRAL FLORIDA COMMUNITY ARTS Winter Park, FLPROVIDE ARTS OPPORTUNITIES TO ALL AGES AND ABILITIES.$15,500
COMMUNITY LEGAL SERVICES Orlando, FLPROVIDE FREE LEGAL SERVICES FOR ALL.$15,000
EMBRACE HEALTH Orlando, FLASSISTS IN PROVIDING HEALTHCARE SERVICES TO THOSE WHO ARE UNINSURED OR UNDERINSURED.$15,000
GROW HEALTHY KIDS Sanford, FLPROVIDING KIDS WITH SHOES AND THE ABILITY TO PROVIDE SPORTS EQUIPMENT TO UNDERSERVED SCHOOLS.$15,000
MICHAEL'S FOUNDATION Clermont, FLSUPPORT FOR VETERANS AND THEIR FAMILIES.$15,000
THE SHARING CENTER Longwood, FLSUPPORT FOR FAMILIES OR INDIVIDUALS THAT ARE UNHOUSED OR UNDERHOUSED WITH GOVERNMENT ASSISTANCE, SHOWERS AND WASHING CLOTHES, JOB TRAINING.$15,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$200K$400K$600K2022202320242025
Metric202520242023
Total Assets$354,696$322,551$89,602
Revenue$221,677$427,260$181,534
Expenses$189,532$194,311$179,553
Qualifying Distributions$178,371$182,005—
Net Investment Income———
Distributable Amount$16,259$13,312—

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2025 (received by the IRS August 6, 2026)
  2. IRS filings on file for fiscal years 2022–2024

Leadership & Key People

Officers and directors from IRS filings

Addition Financial Foundation Inc is led by Kevin Miller, President & Board Chair since 2024 (on filings since 2022); none of the 5 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Kevin Miller

    President & Board Chair

    President & Chairman → President & Board Chair, 2024

    On filings since 2022

    1 hr/week

    No compensation reported

  • Samuel Nelson

    Board Member

    Vice President & Treasurer → Board Member, 2025

    On filings since 2022

    1 hr/week

    No compensation reported

  • Cary Dortona

    Vice President & Treasurer

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Heather Kahoun

    Secretary

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Jennifer Fowler

    Board Member

    New on the 2025 filing

    1 hr/week

    No compensation reported

Former officers (3)
  • Former: Nora Rodriguez-Patterson (2024) — Secretary
  • Former: Nora Rodriguez (2022–2023) — Secretary
  • Former: Thuy-Linh Dang (2022) — Former Secretary

Data from IRS Form 990 filings, 2022–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Addition Financial Foundation Inc

How much does Addition Financial Foundation Inc give each year?

Addition Financial Foundation Inc gave $177K across 15 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $181K across 13 grants.

What is Addition Financial Foundation Inc's typical grant size?

Addition Financial Foundation Inc's median grant in 2025 was $15,000, and its average grant was $11,817, across 15 grants on its 2025 IRS Form 990-PF.

Where does Addition Financial Foundation Inc give grants?

Addition Financial Foundation Inc gives mostly in Florida: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Orlando, FL (5 grants), Maitland, FL (2 grants), Winter Park, FL (2 grants) and Sanford, FL (2 grants).

Does Addition Financial Foundation Inc give general operating support?

Not in 2025: none of the 15 grants with a stated purpose on Addition Financial Foundation Inc's 2025 IRS Form 990-PF were described as general or operating support.

Who are Addition Financial Foundation Inc's largest grantees?

Addition Financial Foundation Inc's largest 2025 grantees include Kick Off for Kids ($25,000), Futures Foundation - Volusia County Schools ($20,000) and Holocaust Memorial Resource & Education Center of Florida ($20,000), according to its 2025 IRS Form 990-PF. Together they received 37% of its itemized 2025 grant dollars.

How large is Addition Financial Foundation Inc?

Addition Financial Foundation Inc reported $355K in total assets on its 2025 IRS Form 990-PF. It paid out $178K in qualifying distributions that year, against a required minimum of $16K (roughly 5% of its investment assets).

What is Addition Financial Foundation Inc?

Addition Financial Foundation Inc is a private foundation focused on Education, based in Lake Mary, FL. It holds $355K in total assets as of 2025.

What is Addition Financial Foundation Inc's EIN?

Addition Financial Foundation Inc's EIN (Employer Identification Number) is 87-0878614. IRS Form 990 filing data is available on this page for 2022–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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