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Admirals Cove Foundation Inc

JUPITER, FL EIN: 59-3786373 Website

Admirals Cove Foundation Inc is a public charity and grantmaking foundation located in Jupiter, Florida. The organization was established in 2005 and operates as a 501(c)(3) nonprofit. The foundation is supported by member donations from The Club at Admirals Cove and directs philanthropic efforts toward improving lives in northern Palm Beach County.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$1.4M

+35.7% YoY

Annual Giving

$3.4M

-7.1% YoY

Grant Count

74

+4.2% YoY

Avg Grant Size

$47K

-10.9% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

Mission: Admirals Cove Member donations fund grants that improve the lives of North Palm Beach County neighbors, as well as Admirals Cove employees and their families, by focusing on health, education, and social services.

Primary Funding Areas:

  • Education
  • Health Care
  • Social Services

Grantmaking

The foundation makes grants exclusively focused on organizations serving Palm Beach County. Recent grantmaking activity demonstrates significant philanthropic output:

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Geographic Focus

Where this funder awards grants

Northern Palm Beach County, Florida, with primary service area in the Jupiter area and surrounding communities.

Grant Distribution by State

18states
+10 more states

Cities

AtlantaBaltimoreBoca RatonBooneBostonBoynton BeachBronxBrooklynCaldwellChandlerChicagoCincinnatiCold Spring HarborColumbusDeerfield BeachDelray BeachElmsfordFort LauderdaleFort PierceGreenacres

Financial History

Multi-year comparison from IRS filings

Most Recent Financial Data (2024):

  • Total Revenue: $4,350,084
  • Total Expenses: $4,100,239
  • Total Assets: $1,028,341
  • Number of Employees: 2

Historical Assets: $1,395,687 (from earlier reporting period)

Total Giving: $3,844,354 (cumulative)

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$2M$4M$5M202020212022202320242025
Metric202520242023
Total Assets$1,395,687$1,028,341$769,600
Revenue$4,254,445$4,350,084$3,228,168
Expenses$4,047,790$4,100,239$2,947,841
Qualifying Distributions
Net Investment Income$37,493$34,677
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$928K$2M$3M$4M23 grants202042 grants202155 grants202271 grants202371 grants202474 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

JUPITER MEDICAL CENTER F…$1.1MGEORGE SNOW SCHOLARSHIP …$355KJEWISH FEDERATION OF SOU…$145KBROTHERS FOR LIFE$101KCOLD SPRING HARBOR LABOR…$51KAMERICAN FRIENDS OF MIGD…$50KEL SOL$50KELS FOR AUTISM FOUNDATION$50KLOGGERHEAD MARINE LIFE C…$50KEDNA W RUNNER TUTORIAL C…$50K

Grant Size Distribution

242 grants across all recorded years

201<$50K23$50–100K6$100–250K8$250–500K2$500K–1M2$1–5M$5M+

Open Grants

2 open opportunities from Admirals Cove Foundation Inc

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest include Jupiter Medical Center Fndn ($1,066,460), George Snow Scholarship Fund ($354,604), Jewish Federation of South Pbc ($145,471).

RecipientPurposeAmount
AID TO VICTIMS OF DOMESTIC ABUSE DELRAY BEACH, FLSUPPORT$15,000
ALBERT EINSTEIN COLLEGE OF MEDICINE BRONX, NYDONOR DIRECTED$25,000
ALZHEIMERS COMMUNITY CARE INC WEST PALM BEACH, FLSUPPORT$10,000
AMERICAN FRIENDS OF MAGEN DAVID ADO WINTER PARK, FLDONOR DIRECTED$15,700
AMERICAN FRIENDS OF MIGDAL OHR NEW YORK, NYDONOR DIRECTED$50,300
AMERICAN JEWISH COMMITTEE NEW YORK, NYDONOR DIRECTED$35,500
AMERICAN TECHNION SOCIETY NEW YORK, NYDONOR DIRECTED$6,500
AUTISM PROJECT PBC JUPITER, FLDONOR DIRECTED$22,462
BACK TO BASICS INC WEST PALM BEACH, FLSUPPORT$28,900
BIG DOG RANCH RESCUE INC LOXAHATCHEE GROVES, FLDONOR DIRECTED$6,250

Leadership & Key People

Leadership team and compensation from IRS filings

Rebecca Divine - Executive Director

Compensation Overview

From 2025 IRS filing

From 2025 filing

NameTitleHoursCompensation
ERIC BECKERPRESIDENT
NANCY BUSHBOARD MEMBER
SUZANNE CARROLLVICE PRESIDE
CHARLES EZRINEASSISTANT TR
ANDY KAHNBOARD MEMBER
MARGOT LESSANSSECRETARY
JOE MCCARTBOARD MEMBER
JILL RIEHLTREASURER
ERICA SCHERZERBOARD MEMBER

Recent News & Activity

Recent developments and announcements

2025

The foundation celebrated its 9th Season of Giving in May 2025, announcing $4 million in grants awarded to nonprofit organizations. This milestone reflects record-setting philanthropic activity supported by The Club at Admirals Cove membership.

Admirals Cove Foundation Awards $35,000 to the Wounded Veterans Relief Fund

Recent grant recipients span multiple focus areas, including veterans' services, children's literacy, youth programs, and family support services. The foundation continues to emphasize both community grantmaking and educational scholarships for Club employees and their families.

Chasin A Dream Foundation Receives $35,000 Grant from Admirals Cove Foundation

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What does Admirals Cove Foundation Inc fund?

**Mission:** Admirals Cove Member donations fund grants that improve the lives of North Palm Beach County neighbors, as well as Admirals Cove employees and their families, by focusing on health, education, and social services. **Primary Funding Areas:** • Education • Health Care • Social Services

How do I apply for a grant from Admirals Cove Foundation Inc?

The foundation makes grants exclusively focused on organizations serving Palm Beach County. Recent grantmaking activity demonstrates significant philanthropic output: • **2024-2025 Season of Giving:** Awarded $4 million to nonprofit organizations during its 9th season of giving • **Scholarship Program:** Awarded over $350,000 in scholarships to 38 Club employees and their children in 2024-2025; total scholarship support since 2016 reaches $1.1 million **Recent Grants (2024-2025):** • Jupiter Me…

Where does Admirals Cove Foundation Inc make grants?

Northern Palm Beach County, Florida, with primary service area in the Jupiter area and surrounding communities.

What size grants does Admirals Cove Foundation Inc award?

In 2025, Admirals Cove Foundation Inc awarded 74 grants totaling $3.4M — an average of about $47K per grant, based on its IRS Form 990 filings.

What is Admirals Cove Foundation Inc's EIN?

Admirals Cove Foundation Inc's EIN (Employer Identification Number) is 59-3786373. IRS Form 990 filing data is available on this page for 2020–2025.

Explore Open Grants

Browse active grant opportunities in Admirals Cove Foundation Inc's focus areas in our free grants database

Related Funders

Similar funders by location and focus area

Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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