Admiral Farragut Academy Foundation Inc

Public charity · Grantmaker St Petersburg, FL EIN: 31-1506065

To solicit, receive and administer gifts and financial resources from sources solely for the benefit of admiral farragut academy, inc.

Admiral Farragut Academy Foundation Inc at a glance

In short: Admiral Farragut Academy Foundation Inc gave $76K across 1 grant in 2024 (avg $76K), mostly in Florida. Source: 2024 IRS Form 990.

Annual giving (2024)
$76,240
-95.2% vs 2023
Grants made (2024)
1
+0.0% vs 2023
Average grant
$76,240
-95.2% vs 2023
Median grant
$76,240
Total assets
$3,663,051
+6.3% vs 2023
Primary geography
Florida (100% of itemized 2024 grant dollars)
Latest 990 filing
Form 990, 2024 View filing

Data from IRS Form 990, 2024; updated October 2026.

Who Admiral Farragut Academy Foundation Inc funds

How this funder distributes its grants

Top Recipients

Top recipient in 2024

Admiral Farragut Academy Inc: $76KAdmiral Farragut Academy Inc$76K

The largest 2024 recipient was Admiral Farragut Academy Inc ($76K).

Grant Size Distribution

5 grants across all recorded years

<$50K1$50–100K3$100–250K$250–500K$500K–1M1$1–5M$5M+

The most common grant size was in the $100–250K range: 3 grants of 5 (60%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2024 grant dollars on its one itemized grant.

States

Cities

St Petersburg

How Admiral Farragut Academy Foundation Inc gives

  • Giving fell 37% from 2021 to 2024. Method

From the foundation's IRS Form 990 filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$500K$1M$1.5M$2M1 grant2020 1 grant2021 1 grant2022 1 grant2023 1 grant2024

From 2020 to 2024, annual grant giving ranged from $76K (2024) to $1.6M (2023). In 2024 it made 1 grant totaling $76K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Admiral Farragut Academy Inc St Petersburg, FLOperations$76,240
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment Income
2024$3,663,051$222,334$126,813$76,2401$72,748
2023$3,445,907$295,121$1,651,787$1,601,5761$53,279
2022$4,634,556$585,996$249,752$170,0001$29,773
2021$4,637,241$606,131$222,056$121,9001$94,943
2020$4,321,284$315,799$282,512$192,9561$44,341

About Admiral Farragut Academy Foundation Inc

Based on IRS filings

Admiral Farragut Academy Foundation Inc is a public charity focused on Education, based in St Petersburg, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.7M in total assets. In 2024, it awarded 1 grant totaling $76K. Net investment income was $73K.

Focus Areas

Leadership & Key People

Officers and directors from IRS filings

Admiral Farragut Academy Foundation Inc is led by Robert Matthies, President since 2022 (on filings since 2020); none of the 7 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Robert Matthies

    President

    Vice President → President, 2022

    On filings since 2020

    1 hr/week

    No compensation reported

  • Christian Wagner

    Board Member

    On filings since 2020

    1 hr/week

    No compensation reported

  • Jeffrey Grossman

    Treasurer

    On filings since 2020

    1 hr/week

    No compensation reported

  • Thomas Miller

    Board Member

    On filings since 2020

    1 hr/week

    No compensation reported

  • David Yoho

    Board Member

    On filings since 2021

    1 hr/week

    No compensation reported

  • Joe Dise

    Board Member

    On filings since 2021

    1 hr/week

    No compensation reported

  • Kevin Lockerbie

    Board Member

    On filings since 2023

    1 hr/week

    No compensation reported

Former officers (13)
  • Former: Ashley Patterson Beatty (2020–2022) — Board Member
  • Former: George Hamilton Jr. (2020–2022) — Board Member
  • Former: Jyri Palm (2020–2022) — Secretary
  • Former: Art Musicaro (2020–2021) — Board Member
  • Former: Ian David Lipsky (2020–2021) — Board Member
  • Former: Mike Kolchin (2021) — President
  • Former: Robert J. Fine Jr Former (2021) — Board Member
  • Former: Elliot Elbaz (2020) — Board Member
  • Former: Evan Scheifstein (2020) — Board Member
  • Former: John Jacobs (2020) — Secretary
  • Former: Michael Kolchin (2020) — President
  • Former: Robert J. Fine Jr. (2020) — Board Member
  • Former: Valentina Fornaro Gallian (2020) — Board Member

Data from IRS Form 990 filings, 2020–2024. "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 Admiral Farragut Academy Foundation Inc

How much does Admiral Farragut Academy Foundation Inc give each year?

Admiral Farragut Academy Foundation Inc gave $76K across 1 grant in 2024, according to its 2024 IRS Form 990. In 2023 it gave $1.6M across 1 grant.

How large is Admiral Farragut Academy Foundation Inc?

Admiral Farragut Academy Foundation Inc reported $3.7M in total assets on its 2024 IRS Form 990. Its revenue that year was $222K.

What is Admiral Farragut Academy Foundation Inc?

Admiral Farragut Academy Foundation Inc is a public charity focused on Education, based in St Petersburg, FL. It holds $3.7M in total assets as of 2024.

Where does Admiral Farragut Academy Foundation Inc operate?

Admiral Farragut Academy Foundation Inc has awarded grants in Florida.

What is Admiral Farragut Academy Foundation Inc's EIN?

Admiral Farragut Academy Foundation Inc's EIN (Employer Identification Number) is 31-1506065. IRS Form 990 filing data is available on this page for 2020–2024.

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

Data update history

(6)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS November 12, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS November 1, 2022)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS February 8, 2025)
  4. Updated Form 990 for fiscal year 2023 (received by the IRS December 5, 2024)
  5. Updated Form 990 for fiscal year 2024 (received by the IRS November 17, 2025)
  6. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Admiral Farragut Academy Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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