Boosters Foundation Inc

Private foundation · Grantmaker Sarasota, FL EIN: 81-2127166

Boosters Foundation Inc is a private foundation, 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.

Boosters Foundation Inc at a glance

In short: Boosters Foundation Inc gave $102K across 7 grants in 2024 (avg $15K), mostly in Florida. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$101,663
+8.6% vs 2023
Grants made (2024)
7
+40.0% vs 2023
Average grant
$14,523
-22.5% vs 2023
Median grant
$6,000
Total assets
$2,420,338
+3.2% vs 2023
Primary geography
Florida (100% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

Data from IRS Form 990-PF, 2024; updated September 2026.

Who Boosters Foundation Inc funds

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2024

Adventure for All: $56KAdventure for All$56KHearts up for IDD: $25KHearts up for IDD$25KBit of Hope Ranch: $9KBit of Hope Ranch$9KSuncoast Foundation: $6KSuncoast Foundation$6KSertoma Foundation: $1KSertoma Foundation$1KSpecial Olumpics Florida: $770Special Olumpics Florida$770

The largest 2024 recipient was Adventure for All ($56K). Together the top 6 received $97K.

Grant Size Distribution

13 grants across all recorded years

11<$50K2$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 11 grants of 13 (85%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2024 grant dollars across all 7 itemized grants.

States

Cities

SarasotaVeniceClermontEnglewoodNorth Port

How Boosters Foundation Inc gives

  • In 2024 it paid out 89% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K0 grants2020 0 grants2021 1 grant2022 5 grants2023 7 grants2024

From 2022 to 2024, annual grant giving ranged from $93K (2022) to $102K (2024). In 2024 it made 7 grants totaling $102K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Adventure for All Sarasota, FLProgram Support$55,828
Hearts up for IDD Venice, FLProgram Support$24,850
Bit of Hope Ranch Englewood, FLProgram Support$8,800
Suncoast Foundation Sarasota, FLProgram Support$6,000
Miscellaneous Public Charities Sarasota, FLProgram Support$4,415
Sertoma Foundation Sarasota, FLProgram Support$1,000
Special Olumpics Florida Clermont, FLProgram Support$770
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2024$2,420,338$67,403$114,333$101,6637$101,663$59,558$114,449
2023$2,345,172$82,883$109,375$93,6535$93,653$80,060$106,747
2022$2,141,251$73,221$95,980$93,0981$2,168,396$49,505$100,505
2021$2,600,407$405,224$144,347——$2,642,532$351,721$119,299
2020$2,339,523$285,621$28,884———$249,671—

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.

Leadership & Key People

Officers and directors from IRS filings

Boosters Foundation Inc is led by Robert W. Darnell Esq., Chairman since 2023 (on filings since 2020); none of the 7 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Robert W. Darnell Esq.

    Chairman

    Vice Chairman → Chairman, 2023

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Mark Guthrie

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Blase Sparma

    Director

    On filings since 2022

    1 hr/week

    No compensation reported

  • Gary Loer

    Director

    On filings since 2022

    1 hr/week

    No compensation reported

  • Thomas Daly

    Director

    On filings since 2022

    1 hr/week

    No compensation reported

  • Stephen Arnhart

    Treasurer

    Director → Treasurer, 2022

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Susan Hokamp

    Secretary

    On filings since 2020

    2 hrs/week

    No compensation reported

Former officers (3)
  • Former: Burton Fabman (2020–2022) — Chairman
  • Former: Wendy Davis Ea (2020–2022) — Diurector
  • Former: Alan D. King DO (2020–2021) — Director

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Boosters Foundation Inc

How much does Boosters Foundation Inc give each year?

Boosters Foundation Inc gave $102K across 7 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $94K across 5 grants.

What is Boosters Foundation Inc's typical grant size?

Boosters Foundation Inc's median grant in 2024 was $6,000, and its average grant was $14,523, across 7 grants on its 2024 IRS Form 990-PF.

Where does Boosters Foundation Inc give grants?

Boosters Foundation Inc gives mostly in Florida: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Sarasota, FL (4 grants).

Does Boosters Foundation Inc give general operating support?

Not in 2024: none of the 7 grants with a stated purpose on Boosters Foundation Inc's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Program Support" (7 grants).

Who are Boosters Foundation Inc's largest grantees?

Boosters Foundation Inc's largest 2024 grantees include Adventure for All ($55,828), Hearts up for IDD ($24,850) and Bit of Hope Ranch ($8,800), according to its 2024 IRS Form 990-PF. Together they received 88% of its itemized 2024 grant dollars.

How large is Boosters Foundation Inc?

Boosters Foundation Inc reported $2.4M in total assets on its 2024 IRS Form 990-PF. It paid out $102K in qualifying distributions that year, against a required minimum of $114K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

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.

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

Data update history

(1)

When this profile's IRS filing data changed on Grantable

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

Live grants for the work Boosters Foundation Inc funds

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Boosters Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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