Arnold Foundation

Foundation · Grantmaker Palm Beach, FL EIN: 59-6152134
Arts and cultureEducationReligion

Arnold Foundation is a private foundation focused on Arts and culture, based in Palm Beach, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $184K in total assets. In 2024, it awarded 17 grants totaling $24K. Net investment income was $18K.

Key facts about Arnold Foundation

EIN
59-6152134
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$24,300
Grants made (2024)
17
Average grant
$1,429
Median grant
$500
New grantees (estimate)
41% first-time grantees (7 of 17, 2024)
Total assets
$184,473
Primary geography
Florida (54% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).

Who Arnold Foundation funds

By grant dollars, the top recipient states for Arnold Foundation's 17 itemized 2024 grants were Florida (54%) and South Carolina (41%). The most frequent recipient cities were West Palm Beach, FL (8 grants), Palm Beach, FL (2 grants) and New York, NY (2 grants). None of its 17 grants with a stated purpose were described as general or operating support. Recurring purposes include "Supporting Charitable Activites" (8 grants) and "Supporting Charitable Activities" (5 grants).

Is Arnold Foundation open to new grantees?

41%

first-time grantees, 2024

In 2024, 7 of 17 grantees (41%) were first-time recipients. First grants averaged $871; repeat grants $2K. How we count

Medians: $400 first-time, $1K repeat.

  • 35% of 2024 grantees were also funded in 2023. Method
  • Giving fell 33% from 2021 to 2024. Method
  • In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method

Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$184K

-3.4% YoY

Annual Giving

$24K

-11.5% YoY

Grant Count

17

-15.0% YoY

Avg Grant Size

$1K

+4.1% YoY

Under IRS private-foundation payout rules, Arnold Foundation reported a distributable amount of $510 for 2024 — the minimum it must pay out in qualifying distributions.

About Arnold Foundation

Based on IRS filings

Arnold Foundation is a private foundation focused on Arts and culture, based in Palm Beach, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $184K in total assets. In 2024, it awarded 17 grants totaling $24K. Net investment income was $18K.

Focus Areas

Arts and cultureEducationReligion
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Geographic Focus

Where this funder awards grants

Grant Distribution by State

11states

Share of all 17 itemized 2024 grant dollars.

Cities

West Palm BeachPalm BeachNew YorkBoynton BeachLake WorthAtlantaFort PierceLake ParkRiviera BeachSt GeorgeCharlestonCulver CityElbertonMiamiPalm SpringsEaganEnterpriseVero BeachAikenCanton

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$14K$28K$42K$57K20202021202220232024
Metric202420232022
Total Assets$184,473$191,002$209,509
Revenue$22,334$13,187$13,613
Expenses$28,863$31,694$51,375
Qualifying Distributions$24,300$30,275$49,885
Net Investment Income$17,771$13,523$12,123
Distributable Amount$510$249$794

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$12K$24K$35K$47K22 grants202031 grants202131 grants202220 grants202317 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Ashley Hall: $10KAshley Hall$10KNew Testament Church Florida: $4KNew Testament Church Florida$4KRoyal Poinciana Chapel: $2KRoyal Poinciana Chapel$2KRehabilitation Center for Children and Adults Inc: $1KRehabilitation Center forChildren and Adults Inc$1KNorton Museum of Art Inc: $1KNorton Museum of Art Inc$1KPeggy Adams Animal Rescue: $1KPeggy Adams Animal Rescue$1KSeventh Day Church Inc: $1KSeventh Day Church Inc$1KCenter for Creative Education: $1KCenter for Creative Education$1KHoly Spirit Catholic Church: $500Holy Spirit Catholic Church$500Metropolitan Opera: $500Metropolitan Opera$500

Grant Size Distribution

121 grants across all recorded years

121<$50K$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 recipients include Ashley Hall ($10,000), New Testament Church Florida ($3,500), Royal Poinciana Chapel ($2,000).

RecipientPurposeAmount
ASHLEY HALL Charleston, SCSUPPORTING CHARITABLE ACTIVITIES$10,000
NEW TESTAMENT CHURCH FLORIDA West Palm Beach, FLSUPPORTING CHARITABLE ACTIVITESTING CHARITABLE ACTIVITIES$3,500
ROYAL POINCIANA CHAPEL Palm Beach, FLSUPPORTING CHARITABLE ACTIVITIESSUPPORTING RELIGIOUS ACTIVITIES$2,000
REHABILITATION CENTER FOR CHILDREN AND ADULTS INC Palm Beach, FLSUPPORTING CHARITABLE ACTIVITIESSUPPORTING CHARITABLE ACTIVITIESSUPPORTING CHARITABLE ACTIVITIES$1,400
NORTON MUSEUM OF ART INC West Palm Beach, FLSUPPORTING CHARITABLE ACTIVITES$1,250
PEGGY ADAMS ANIMAL RESCUE West Palm Beach, FLSUPPORTING CHARITABLE ACTIVITIES$1,000
SEVENTH DAY CHURCH INC West Palm Beach, FLSUPPORTING EDUCATIONAL ACTIVITIES$1,000
CENTER FOR CREATIVE EDUCATION West Palm Beach, FLSUPPORTING CHARITABLE ACTIVITES$1,000
HOLY SPIRIT CATHOLIC CHURCH Lantana, FLSUPPORTING CHARITABLE ACTIVITIES$500
METROPOLITAN OPERA New York, NYSUPPORTING CHARITABLE ACTIVITES$500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

NameTitleHoursCompensation
James Y Arnold JrTrustee10—
F Brooks ArnoldTrustee5—
Laurie Arnold HostTrustee2—

Subject Areas

Focus areas based on grantmaking activity

Arts and cultureEducationReligion

Frequently Asked Questions

What is Arnold Foundation?

Arnold Foundation is a private foundation focused on Arts and culture, based in Palm Beach, FL. It holds $184K in total assets as of 2024.

How large is Arnold Foundation?

As of 2024, Arnold Foundation holds $184K in total assets with $22K in annual revenue. It awarded 17 grants totaling $24K in 2024.

Where does Arnold Foundation operate?

Arnold Foundation has awarded grants in California, Connecticut, Florida, Georgia, Illinois, Maryland, Minnesota, New York, South Carolina, Texas, Virginia.

What size grants does Arnold Foundation award?

In 2024, Arnold Foundation awarded 17 grants totaling $24K — an average of about $1K per grant, based on its IRS Form 990 filings.

How much is Arnold Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Arnold Foundation reported a distributable amount of $510 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Arnold Foundation's EIN?

Arnold Foundation's EIN (Employer Identification Number) is 59-6152134. IRS Form 990 filing data is available on this page for 2020–2024.

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

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