Admirals Cove Foundation Inc logo

Admirals Cove Foundation Inc

Public charity · Grantmaker Jupiter, FL EIN: 59-3786373 Website

Admirals Cove Foundation Inc is a public charity based in Jupiter, Florida, and the philanthropic foundation of The Club at Admirals Cove. It supports nonprofit programs in education, health, and social services, with its grant program focused on individuals and families in northern Palm Beach County.

Key facts about Admirals Cove Foundation Inc

In short: Admirals Cove Foundation Inc gave $3.4M across 74 grants in 2025 (avg $47K), mostly in Florida. 29% of 2025 grantees were new. Source: 2025 IRS Form 990.

EIN
59-3786373
Latest 990 filing
Form 990, 2025
Annual giving (2025)
$3,446,880
Grants made (2025)
74
Average grant
$46,579
Median grant
$25,000
New grantees (estimate)
29% first-time grantees (20 of 70, 2025)
Total assets
$1,395,687
Primary geography
Florida (83% of itemized 2025 grant dollars)
How to apply
Eligible applicants are registered 501(c)(3) organizations in good standing with the IRS. Full details ↓

Data from IRS Form 990, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2025 IRS Form 990 · 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

Is Admirals Cove Foundation Inc open to new grantees?

29%

first-time grantees, 2025

In 2025, 20 of 70 grantees (29%) were first-time recipients. First grants averaged $19K; repeat grants $61K. How we count

Medians: $10K first-time, $32K repeat.

  • 59% of 2025 grantees were also funded in 2024. Method
  • Giving held roughly steady from 2022 to 2025 (+16%). Method

Estimate from itemized grant lists in IRS Form 990 filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

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

Mission & Focus Areas

The Foundation’s stated mission is to improve lives through a vital culture of giving, focusing on people in need in Palm Beach County by supporting local nonprofit organizations. Its funding areas are education, health, and social services. It describes education support as improving access to learning for people of all ages; health support as promoting physical or mental wellness; and social services as helping families and individuals, including veterans, who need food, shelter, or assistance.

Examples of grantees illustrate the range of work supported. The George Snow Scholarship Fund says it provides financial aid and wraparound support to help South Florida students graduate from college. Vita Nova describes its work as providing supportive housing, education, employment, and life-skills training for young adults experiencing homelessness. ELS for Autism Foundation says it provides lifetime services and collaborative partnerships for people with autism and those who care for them.

Grantmaking

The 2025 filing reports 74 grants totaling **$3,446,880**. Grant amounts ranged from **$5,100 to $1,066,460**, with a median of **$25,000**. The Foundation also announced in May 2025 that it awarded $4 million to nonprofits during its 9th Season of Giving, and reported more than $350,000 in scholarships for 38 Club employees and their children that year. These scholarship payments are distinct from grants to outside organizations.

Review Cycle

August 1, 2026.

Open Grants

1 open opportunity from Admirals Cove Foundation Inc

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Geographic Focus

Where this funder awards grants

The grant program focuses on northern Palm Beach County, from North Palm Beach (Northlake Boulevard) north to Tequesta (the county line). Special consideration is given to programs that impact Jupiter residents. The 2025 filing’s grant dollars were distributed among recipients in Florida (83%), New York (9%), Washington (3%), Connecticut (2%), and North Carolina (1%).

Grant Distribution by State

18states

Share of 2025 grant dollars across all 74 itemized grants.

Cities

JupiterWest Palm BeachNew YorkBoca RatonJuno BeachPalm Beach GardensSt. LouisLake WorthFort PierceNorth Palm BeachPalm BeachBronxCold Spring HarborFort LauderdaleAtlantaDeerfield BeachDelray BeachMemphisWestburyWinter Park

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$2M$3M$4M23 grants2020 42 grants2021 55 grants2022 71 grants2023 71 grants2024 74 grants2025

From 2020 to 2025, annual grant giving ranged from $1.9M (2021) to $3.7M (2024). In 2025 it made 74 grants totaling $3.4M.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Jupiter Medical Center Fndn: $1.1MJupiter Medical Center Fndn$1.1MGeorge Snow Scholarship Fund: $355KGeorge Snow Scholarship Fund$355KJewish Federation of South PBC: $145KJewish Federation of South PBC$145KBrothers for Life: $101KBrothers for Life$101KMaltz Jupiter Theatre: $93K across 2 grantsMaltz Jupiter Theatre$93K · 2 grantsLoggerhead Marine Life Center: $81K across 2 grantsLoggerhead Marine Life Center$81K · 2 grantsUniversity of Connecticut Foundatio: $75KUniversity of ConnecticutFoundatio$75KEls for Autism Foundation: $56K across 2 grantsEls for Autism Foundation$56K · 2 grantsEl Sol: $56K across 2 grantsEl Sol$56K · 2 grantsCold Spring Harbor Laboratory: $51KCold Spring Harbor Laboratory$51K

The largest 2025 recipient was Jupiter Medical Center Fndn ($1.1M). Together the top 10 received $2.1M.

Grant Size Distribution

313 grants across all recorded years

260<$50K35$50–100K6$100–250K8$250–500K2$500K–1M2$1–5M$5M+

The most common grant size was under $50K: 260 grants of 313 (83%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Jupiter Medical Center Fndn Jupiter, FLDonor Directed$1,066,460
George Snow Scholarship Fund Boca Raton, FLScholarships$354,604
Jewish Federation of South PBC Boca Raton, FLDonor Directed$145,471
Brothers for Life Seattle, WADonor Directed$101,364
Maltz Jupiter Theatre Jupiter, FLDonor Directed$78,404
University of Connecticut Foundatio Storrs, CTDonor Directed$75,000
Cold Spring Harbor Laboratory Cold Spring Harbor, NYDonor Directed$51,000
American Friends of Migdal Ohr New York, NYDonor Directed$50,300
El Sol Jupiter, FLSupport$50,000
Els for Autism Foundation Jupiter, FLSupport$50,000

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants
2025 $1,395,687 $4,254,445 $4,047,790 $3,446,880
2024 $1,028,341 $4,350,084 $4,100,239 $3,710,389
2023 $769,600 $3,228,168 $2,947,841 $2,586,594
Revenue
Expenses
Net Investment Income
$0$2M$4M$6M2020 2021 2022 2023 2024 2025
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
Net Investment Income$37,493$34,677—

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS August 20, 2020)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS October 25, 2021)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS August 5, 2022)
  4. Updated Form 990 for fiscal year 2023 (received by the IRS July 28, 2023)
  5. Updated Form 990 for fiscal year 2024 (received by the IRS August 22, 2024)
  6. Updated Form 990 for fiscal year 2025 (received by the IRS August 7, 2025)
  7. IRS filings on file for fiscal years 2020–2025

Leadership & Key People

Leadership team and compensation from IRS filings

The Foundation’s 2025 filing lists Eric Becker as president; Suzanne Carroll as vice president; Margot Lessans as secretary; and Jill Riehl as treasurer. It also lists Charles Ezrine as assistant treasurer and Nancy Bush, Andy Kahn, Joe McCart, and Erica Scherzer as board members. The Foundation’s website identifies Rebecca Divine as executive director.

Admirals Cove Foundation Inc is led by Eric Becker, President on every filing since 2020; none of the 9 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Eric Becker

    President

    On filings since 2020

    No compensation reported

  • Andy Kahn

    Board Member

    Board Member → Director, 2022

    Director → Board Member, 2024

    On filings since 2020

    No compensation reported

  • Charles Ezrine

    Assistant Tr

    On filings since 2020

    No compensation reported

  • Jill Riehl

    Treasurer

    On filings since 2020

    No compensation reported

  • Joe McCart

    Board Member

    Board Member → Director, 2022

    Director → Board Member, 2024

    On filings since 2020

    No compensation reported

  • Margot Lessans

    Secretary

    On filings since 2020

    No compensation reported

  • Suzanne Carroll

    Vice President

    1st Vice President → Vice President, 2022

    On filings since 2020

    No compensation reported

  • Erica Scherzer

    Board Member

    Director → Board Member, 2024

    On filings since 2022

    No compensation reported

  • Nancy Bush

    Board Member

    On filings since 2024

    No compensation reported

Former officers (4)
  • Former: Larry Altman (2022–2023) — Director
  • Former: Jonathan Cherner (2020–2021) — 2nd Vice President
  • Former: Lisa Sound (2020–2021) — Club Liason
  • Former: Rebecca Divine (2020–2021) — Executive Di

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Contact

Mailing address: 200 Admirals Cove Blvd, Jupiter, FL 33477
Phone: (561) 744-1700
Website: https://admiralscovefoundation.org

Frequently asked questions about Admirals Cove Foundation Inc

How much does Admirals Cove Foundation Inc give each year?

Admirals Cove Foundation Inc gave $3.4M across 74 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $3.7M across 71 grants.

What is Admirals Cove Foundation Inc's typical grant size?

Admirals Cove Foundation Inc's median grant in 2025 was $25,000, and its average grant was $46,579, across 74 grants on its 2025 IRS Form 990. Organizations receiving their first grant from Admirals Cove Foundation Inc that year got $19K on average.

Where does Admirals Cove Foundation Inc give grants?

Admirals Cove Foundation Inc gives mostly in Florida: 83% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The next largest state was New York (9%). The most frequent recipient cities were Jupiter, FL (18 grants), West Palm Beach, FL (13 grants), New York, NY (7 grants) and Boca Raton, FL (3 grants).

Does Admirals Cove Foundation Inc give general operating support?

Not in 2025: none of the 74 grants with a stated purpose on Admirals Cove Foundation Inc's 2025 IRS Form 990 were described as general or operating support. Recurring purposes include "Donor Directed" (43 grants) and "Support" (30 grants).

Who are Admirals Cove Foundation Inc's largest grantees?

Admirals Cove Foundation Inc's largest 2025 grantees include Jupiter Medical Center Fndn ($1,066,460), George Snow Scholarship Fund ($354,604) and Jewish Federation of South PBC ($145,471), according to its 2025 IRS Form 990. Together they received 45% of its itemized 2025 grant dollars.

How large is Admirals Cove Foundation Inc?

Admirals Cove Foundation Inc reported $1.4M in total assets on its 2025 IRS Form 990. Its revenue that year was $4.3M.

What does Admirals Cove Foundation Inc fund?

The Foundation’s stated mission is to improve lives through a vital culture of giving, focusing on people in need in Palm Beach County by supporting local nonprofit organizations. Its funding areas are education, health, and social services. See mission & focus areas ↑

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

Eligible applicants are registered 501(c)(3) organizations in good standing with the IRS. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

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.

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

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