Alfred & Frances Ross Foundation

PALM CITY, FL EIN: 87-0553313

Alfred & Frances Ross Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PALM CITY, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $590K in total assets. In 2024, it awarded 2 grants totaling $35K. Net investment income was $34K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$590K

-2.6% YoY

Annual Giving

$35K

+8.4% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$18K

+8.4% YoY

Under IRS private-foundation payout rules, Alfred & Frances Ross Foundation reported a distributable amount of $34K for 2024 — the minimum it must pay out in qualifying distributions.

About Alfred & Frances Ross Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Michigan $120K (61%)

Ohio $72K (36%)

Florida $5K (3%)

States

Florida Michigan Ohio

Cities

ColumbusLansingStuart

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$589,836	$605,697	$570,660
Revenue	$55,276	$106,937	$-19,843
Expenses	$70,643	$70,643	$78,830
Qualifying Distributions	$49,263	$48,004	$57,658
Net Investment Income	$33,895	$84,298	—
Distributable Amount	$34,075	$14,746	$37,640

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Grant Size Distribution

11 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include The Sparrow Foundationsparrow Health System ($25,000), The Ohio State University Foundation Office of the Treasurerendowment Admi ($10,000).

Recipient	Purpose	Amount
THE OHIO STATE UNIVERSITY FOUNDATION OFFICE OF THE TREASURERENDOWMENT ADMI COLUMBUS, OH	CHARITABLE AND/OR EDUCATIONAL PURPOSES	$10,000
THE SPARROW FOUNDATIONSPARROW HEALTH SYSTEM LANSING, MI	CHARITABLE AND/OR EDUCATIONAL PURPOSES	$25,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
ILSA E LEONHART	EXECUTIVE DIRECTOR	1	$25,000
SUSAN E LEONHART SCHUSTER	TRUSTEE	1	—
CYNTHIA LEONHART BOSELA	TRUSTEE	1	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Alfred & Frances Ross Foundation?

Alfred & Frances Ross Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PALM CITY, FL. It holds $590K in total assets as of 2024.

How large is Alfred & Frances Ross Foundation?

As of 2024, Alfred & Frances Ross Foundation holds $590K in total assets with $55K in annual revenue. It awarded 2 grants totaling $35K in 2024.

Where does Alfred & Frances Ross Foundation operate?

Alfred & Frances Ross Foundation has awarded grants in Florida, Michigan, Ohio.

What size grants does Alfred & Frances Ross Foundation award?

In 2024, Alfred & Frances Ross Foundation awarded 2 grants totaling $35K — an average of about $18K per grant, based on its IRS Form 990 filings.

How much is Alfred & Frances Ross Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Alfred & Frances Ross Foundation reported a distributable amount of $34K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Alfred & Frances Ross Foundation's EIN?

Alfred & Frances Ross Foundation's EIN (Employer Identification Number) is 87-0553313. IRS Form 990 filing data is available on this page for 2020–2024.