Advanced Flower Capital Foundation

WEST PALM BEACH, FL EIN: 87-3795731

Advanced Flower Capital Foundation is a private foundation focused on Community Improvement & Capacity Building, based in WEST PALM BEACH, FL. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $97K in total assets. In 2024, it awarded 1 grants totaling $70K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$97K

-43.7% YoY

Annual Giving

$70K

+109.0% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$70K

+109.0% YoY

Under IRS private-foundation payout rules, Advanced Flower Capital Foundation reported a distributable amount of $6K for 2024 — the minimum it must pay out in qualifying distributions.

About Advanced Flower Capital Foundation

Based on IRS filings

Advanced Flower Capital Foundation is a private foundation focused on Community Improvement & Capacity Building, based in WEST PALM BEACH, FL. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $97K in total assets. In 2024, it awarded 1 grants totaling $70K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

Saratoga Springs

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$88K$176K$263K$351K202220232024
Metric202420232022
Total Assets$97,183$172,554$212,132
Revenue$5,130$319,091
Expenses$75,371$42,433$109,234
Qualifying Distributions$75,300$42,410$108,982
Net Investment Income$5,130$1,652
Distributable Amount$6,316$9,269$9,095

Giving Over Time

Total grant dollars and number of grants per year

$0$18K$35K$53K$71K1 grants20221 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

SEE ATTACHED LIST$70K

Grant Size Distribution

3 grants across all recorded years

1<$50K2$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include See Attached List ($70,000).

RecipientPurposeAmount
SEE ATTACHED LIST Saratoga Springs, NYGENERAL CHARITABLE PURPOSE$70,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Robyn TannenbaumPresident <1hr/week
EDWIN GOMEZTREASURER <1hr/week
JAMES VELGOTSecretary/Director <1hr/week

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Advanced Flower Capital Foundation?

Advanced Flower Capital Foundation is a private foundation focused on Community Improvement & Capacity Building, based in WEST PALM BEACH, FL. It holds $97K in total assets as of 2024.

How large is Advanced Flower Capital Foundation?

As of 2024, Advanced Flower Capital Foundation holds $97K in total assets. It awarded 1 grants totaling $70K in 2024.

Where does Advanced Flower Capital Foundation operate?

Advanced Flower Capital Foundation has awarded grants in New York.

What size grants does Advanced Flower Capital Foundation award?

In 2024, Advanced Flower Capital Foundation awarded 1 grants totaling $70K — an average of about $70K per grant, based on its IRS Form 990 filings.

How much is Advanced Flower Capital Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Advanced Flower Capital Foundation reported a distributable amount of $6K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Advanced Flower Capital Foundation's EIN?

Advanced Flower Capital Foundation's EIN (Employer Identification Number) is 87-3795731. IRS Form 990 filing data is available on this page for 2022–2024.

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Related Funders

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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