Boosters Foundation Inc

Foundation · Grantmaker 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.

Key facts about Boosters Foundation Inc

EIN: 81-2127166
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $101,663
Grants made (2024): 7
Average grant: $14,523
Median grant: $6,000
Total assets: $2,420,338
Primary geography: Florida (100% of itemized 2024 grant dollars)

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

Who Boosters Foundation Inc funds

By grant dollars, the top recipient states for Boosters Foundation Inc's 7 itemized 2024 grants were Florida (100%). The most frequent recipient cities were Sarasota, FL (4 grants). None of its 7 grants with a stated purpose were described as general or operating support. Recurring purposes include "Program Support" (7 grants).

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.

Next steps with Boosters Foundation Inc

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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

+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

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Florida $102K (100%)

Share of all 7 itemized 2024 grant dollars.

States

Florida

Cities

SarasotaVeniceClermontEnglewoodNorth Port

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
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

Data update history

When this profile's IRS filing data changed on Grantable

March 3, 2026 IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

Grant Size Distribution

13 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Adventure for All ($55,828), Hearts up for Idd ($24,850), Bit of Hope Ranch ($8,800).

Recipient	Purpose	Amount
ADVENTURE FOR ALL Sarasota, FL	PROGRAM SUPPORT	$55,828
HEARTS UP FOR IDD Venice, FL	PROGRAM SUPPORT	$24,850
BIT OF HOPE RANCH Englewood, FL	PROGRAM SUPPORT	$8,800
SUNCOAST FOUNDATION Sarasota, FL	PROGRAM SUPPORT	$6,000
MISCELLANEOUS PUBLIC CHARITIES Sarasota, FL	PROGRAM SUPPORT	$4,415
SERTOMA FOUNDATION Sarasota, FL	PROGRAM SUPPORT	$1,000
SPECIAL OLUMPICS FLORIDA Clermont, FL	PROGRAM SUPPORT	$770

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

Name	Title	Hours	Compensation
Stephen Arnhart	Treasurer	2	—
Susan Hokamp	Secretary	2	—
Robert W Darnell Esq	Chairman	2	—
Mark Guthrie	Director	1	—
Blase Sparma	Director	1	—
Thomas Daly	Director	1	—
Gary Loer	Director	1	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

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.