Burke Family Foundation Inc

PONTE VEDRA BEACH, FL EIN: 84-3486464

Burke Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PONTE VEDRA BEACH, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 5 grants totaling $403K. Net investment income was $252K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.1M

-21.0% YoY

Annual Giving

$403K

+76.1% YoY

Grant Count

-50.0% YoY

Avg Grant Size

$81K

+252.1% YoY

Under IRS private-foundation payout rules, Burke Family Foundation Inc reported a distributable amount of $61K for 2024 — the minimum it must pay out in qualifying distributions.

About Burke Family 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 $833K (76%)

Tennessee $147K (13%)

Virginia $121K (11%)

States

Florida Tennessee Virginia

Cities

AshlandBrentwoodFairviewHarrisonburgHuntlyJacksonvilleJacksonville BeachLexingtonNeptune BeachPonte Vedra Beach

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,115,067	$1,412,341	$1,037,822
Revenue	$258,806	$705,795	$712,012
Expenses	$409,938	$237,035	$226,782
Qualifying Distributions	$402,695	$229,988	$222,575
Net Investment Income	$251,563	$248,191	$126,391
Distributable Amount	$60,600	$50,911	$29,954

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

Grant Size Distribution

37 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include The Church of Eleven22 ($250,000), Fellowship Adventures ($75,000), Okoa Refuge ($62,500).

Recipient	Purpose	Amount
FELLOWSHIP ADVENTURES FAIRVIEW, TN	GENERAL FUND	$75,000
KAPPA ALPHA ORDER EDUCATIONAL FOUNDATION LEXINGTON, VA	GENERAL FUND	$10,000
OKOA REFUGE JACKSONVILLE BEACH, FL	GENERAL FUND	$62,500
RANDOLPH-MACON COLLEGE ASHLAND, VA	GENERAL FUND	$5,000
THE CHURCH OF ELEVEN22 JACKSONVILLE, FL	GENERAL FUND	$250,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
RICHARD L BURKE JR	DIRECTOR, VP, TREASURER	1	—
KAREN G BURKE	DIRECTOR, PRESIDENT	1	—
EMILY C BURKE	DIRECTOR, SECRETARY	1	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Burke Family Foundation Inc?

Burke Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PONTE VEDRA BEACH, FL. It holds $1.1M in total assets as of 2024.

How large is Burke Family Foundation Inc?

As of 2024, Burke Family Foundation Inc holds $1.1M in total assets with $259K in annual revenue. It awarded 5 grants totaling $403K in 2024.

Where does Burke Family Foundation Inc operate?

Burke Family Foundation Inc has awarded grants in Florida, Tennessee, Virginia.

What size grants does Burke Family Foundation Inc award?

In 2024, Burke Family Foundation Inc awarded 5 grants totaling $403K — an average of about $81K per grant, based on its IRS Form 990 filings.

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

Private foundations must generally distribute about 5% of their assets annually. For 2024, Burke Family Foundation Inc reported a distributable amount of $61K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.