Boosters Foundation Inc

SARASOTA, FL EIN: 81-2127166

Boosters Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SARASOTA, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.4M in total assets. In 2024, it awarded 7 grants totaling $102K. Net investment income was $60K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.4M

+3.2% YoY

Annual Giving

$102K

+8.6% YoY

Grant Count

7

+40.0% YoY

Avg Grant Size

$15K

-22.5% YoY

Under IRS private-foundation payout rules, Boosters Foundation Inc reported a distributable amount of $114K for 2024 — the minimum it must pay out in qualifying distributions.

About Boosters Foundation Inc

Based on IRS filings

Boosters Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SARASOTA, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.4M in total assets. In 2024, it awarded 7 grants totaling $102K. Net investment income was $60K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

ClermontEnglewoodNorth PortSarasotaVenice

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$727K$1M$2M$3M20202021202220232024
Metric202420232022
Total Assets$2,420,338$2,345,172$2,141,251
Revenue$67,403$82,883$73,221
Expenses$114,333$109,375$95,980
Qualifying Distributions$101,663$93,653$2,168,396
Net Investment Income$59,558$80,060$49,505
Distributable Amount$114,449$106,747$100,505

Giving Over Time

Total grant dollars and number of grants per year

$0$25K$51K$76K$102K0 grants20200 grants20211 grants20225 grants20237 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

ADVENTURE FOR ALL$56KHEARTS UP FOR IDD$25KBIT OF HOPE RANCH$9KSUNCOAST FOUNDATION$6KMISCELLANEOUS PUBLIC CHA…$4KSERTOMA FOUNDATION$1KSPECIAL OLUMPICS FLORIDA$770

Grant Size Distribution

13 grants across all recorded years

11<$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 Adventure for All ($55,828), Hearts up for Idd ($24,850), Bit of Hope Ranch ($8,800).

RecipientPurposeAmount
ADVENTURE FOR ALL SARASOTA, FLPROGRAM SUPPORT$55,828
HEARTS UP FOR IDD VENICE, FLPROGRAM SUPPORT$24,850
SERTOMA FOUNDATION SARASOTA, FLPROGRAM SUPPORT$1,000
SUNCOAST FOUNDATION SARASOTA, FLPROGRAM SUPPORT$6,000
BIT OF HOPE RANCH ENGLEWOOD, FLPROGRAM SUPPORT$8,800
SPECIAL OLUMPICS FLORIDA CLERMONT, FLPROGRAM SUPPORT$770
MISCELLANEOUS PUBLIC CHARITIES SARASOTA, FLPROGRAM SUPPORT$4,415

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
STEPHEN ARNHARTTREASURER2
SUSAN HOKAMPSECRETARY2
ROBERT W DARNELL ESQCHAIRMAN2
MARK GUTHRIEDIRECTOR1
BLASE SPARMADIRECTOR1
THOMAS DALYDIRECTOR1
GARY LOERDIRECTOR1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Boosters Foundation Inc?

Boosters Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SARASOTA, FL. It holds $2.4M in total assets as of 2024.

How large is Boosters Foundation Inc?

As of 2024, Boosters Foundation Inc holds $2.4M in total assets with $67K in annual revenue. It awarded 7 grants totaling $102K in 2024.

Where does Boosters Foundation Inc operate?

Boosters Foundation Inc has awarded grants in Florida.

What size grants does Boosters Foundation Inc award?

In 2024, Boosters Foundation Inc awarded 7 grants totaling $102K — an average of about $15K per grant, based on its IRS Form 990 filings.

How much is Boosters Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Boosters Foundation Inc reported a distributable amount of $114K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Boosters Foundation Inc's EIN?

Boosters Foundation Inc's EIN (Employer Identification Number) is 81-2127166. IRS Form 990 filing data is available on this page for 2020–2024.

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

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