Cape Branch Foundation

HOBE SOUND, FL EIN: 22-6054886

Cape Branch Foundation is a private foundation, based in HOBE SOUND, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $10.1M in total assets. In 2024, it awarded 16 grants totaling $160K. Net investment income was $262K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$10.1M

+1.8% YoY

Annual Giving

$160K

+68.6% YoY

Grant Count

+60.0% YoY

Avg Grant Size

$10K

+5.4% YoY

Under IRS private-foundation payout rules, Cape Branch Foundation reported a distributable amount of $446K for 2024 — the minimum it must pay out in qualifying distributions.

About Cape Branch Foundation

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

New York $199K (38%)

Connecticut $98K (19%)

Florida $80K (15%)

New Jersey $73K (14%)

Massachusetts $40K (8%)

Pennsylvania $30K (6%)

States

Connecticut Florida Massachusetts New Jersey New York Pennsylvania

Cities

BridgehamtonBrooklynCalifonEast HamptonGarrisonGladstoneHobe SoundLakevilleMorristownMysticNew BrunswickNew YorkOldwickPalmetto BayPhiladelphiaVineyard Haven

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$10,094,213	$9,920,511	$10,221,356
Revenue	$413,510	$-31,021	$1,027,705
Expenses	$310,936	$219,134	$169,746
Qualifying Distributions	$167,700	$98,750	$553,750
Net Investment Income	$261,615	$67,570	$409,467
Distributable Amount	$445,630	$409,835	$416,206

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Grant Size Distribution

38 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Institute for Women's Leadership ($25,000), St Ann's School ($20,000), Hampton's Community Outreach ($20,000).

Recipient	Purpose	Amount
LONGHOUSE RESERVE GARRISON, NY	GENERAL SUPPORT	$10,000
ST ANN'S SCHOOL BROOKLYN, NY	GENERAL SUPPORT	$20,000
ST LUKE'S EPISCOPAL CHURCH EAST HAMPTON, NY	GENERAL SUPPORT	$7,200
ST LUKE'S EPISCOPAL CHURCH GLADSTONE, NJ	GENERAL SUPPORT	$3,000
TOWN OF JUPITER ISLAND HOBE SOUND, FL	GENERAL SUPPORT	$10,000
CHRIST MEMORIAL CHAPEL HOBE SOUND, FL	GENERAL SUPPORT	$15,000
HOBE SOUND COMMUNITY CHEST HOBE SOUND, FL	GENERAL SUPPORT	$2,500
INSTITUTE FOR WOMEN'S LEADERSHIP NEW BRUNSWICK, NJ	GENERAL SUPPORT	$25,000
LOAVES AND FISHES HOBE SOUND, FL	GENERAL SUPPORT	$5,000
EVERGLADES FOUNDATION PALMETTO BAY, FL	GENERAL SUPPORT	$5,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
JAMES L JOHNSON	DIRECTOR	0.1	—
GRETCHEN W JOHNSON	DIRECTOR/TRUSTEE	0.1	—
SCARLET S JOHNSON	TRUSTEE	0.1	—
CHRISTOPHER DIRK WITTENBORN	TRUSTEE	0.1	—

Frequently Asked Questions

How large is Cape Branch Foundation?

As of 2024, Cape Branch Foundation holds $10.1M in total assets with $414K in annual revenue. It awarded 16 grants totaling $160K in 2024.

Where does Cape Branch Foundation operate?

Cape Branch Foundation has awarded grants in Connecticut, Florida, Massachusetts, New Jersey, New York, Pennsylvania.

What size grants does Cape Branch Foundation award?

In 2024, Cape Branch Foundation awarded 16 grants totaling $160K — an average of about $10K per grant, based on its IRS Form 990 filings.

How much is Cape Branch Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Cape Branch Foundation reported a distributable amount of $446K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.