Admiral Farragut Academy Foundation
To solicit, receive and administer gifts and financial resources from sources solely for the benefit of admiral farragut academy, inc.
Key facts about Admiral Farragut Academy Foundation
In short: Admiral Farragut Academy Foundation gave $76K across 1 grant in 2024 (avg $76K), mostly in Florida. Source: 2024 IRS Form 990.
- EIN
- 31-1506065
- Latest 990 filing
- Form 990, 2024
- Annual giving (2024)
- $76,240
- Grants made (2024)
- 1
- Average grant
- $76,240
- Median grant
- $76,240
- Total assets
- $3,663,051
- Primary geography
- Florida (100% of itemized 2024 grant dollars)
Data from IRS Form 990, 2024; updated September 2026.
Financial Overview
From 2024 IRS Form 990 · View filing
Total Assets
$3.7M
+6.3% YoY
Annual Giving
$76K
-95.2% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$76K
-95.2% YoY
How Admiral Farragut Academy Foundation gives
- Giving fell 37% from 2021 to 2024. Method
From the foundation's IRS Form 990 filings. Methodology.
About Admiral Farragut Academy Foundation
Based on IRS filings
Admiral Farragut Academy Foundation 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
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $76K (2024) to $1.6M (2023). In 2024 it made 1 grant totaling $76K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was Admiral Farragut Academy Inc ($76K).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was in the $100–250K range: 3 grants of 5 (60%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Admiral Farragut Academy Inc St Petersburg, FL | Operations | $76,240 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,663,051 | $3,445,907 | $4,634,556 |
| Revenue | $222,334 | $295,121 | $585,996 |
| Expenses | $126,813 | $1,651,787 | $249,752 |
| Net Investment Income | $72,748 | $53,279 | $29,773 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS November 12, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 1, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS February 8, 2025)
- Updated Form 990 for fiscal year 2023 (received by the IRS December 5, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 17, 2025)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
Admiral Farragut Academy Foundation 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
How much does Admiral Farragut Academy Foundation give each year?
Admiral Farragut Academy Foundation 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?
Admiral Farragut Academy Foundation reported $3.7M in total assets on its 2024 IRS Form 990. Its revenue that year was $222K.
What is Admiral Farragut Academy Foundation?
Admiral Farragut Academy Foundation 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 operate?
Admiral Farragut Academy Foundation has awarded grants in Florida.
What is Admiral Farragut Academy Foundation's EIN?
Admiral Farragut Academy Foundation's EIN (Employer Identification Number) is 31-1506065. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Here's the math on researching Admiral Farragut Academy Foundation by hand.
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