Carol B Phelon Foundation
The Carol B Phelon Foundation is a private foundation based in Fort Myers, Florida. It makes contributions to preselected charitable organizations and does not accept unsolicited requests for funds.
Key facts about Carol B Phelon Foundation
In short: Carol B Phelon Foundation gave $872K across 1 grant in 2024 (avg $872K), mostly in Florida. Source: 2024 IRS Form 990-PF.
- EIN
- 81-3637307
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $872,000
- Grants made (2024)
- 1
- Average grant
- $872,000
- Median grant
- $872,000
- Total assets
- $17,049,322
- Primary geography
- Florida (100% of itemized 2024 grant dollars)
- Accepts unsolicited proposals
- No
- How to apply
- The foundation does not accept unsolicited requests. Full details ↓
Data from IRS Form 990-PF, 2024; updated September 2026. Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Quick answers about Carol B Phelon Foundation
How much does Carol B Phelon Foundation give each year?
Carol B Phelon Foundation gave $872K across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $1.0M across 1 grant.
How Carol B Phelon Foundation gives
- Giving held roughly steady from 2021 to 2024 (−11%). Method
- In 2024 it paid out 76% 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 Carol B Phelon Foundation
- How to evaluate Carol B Phelon Foundation as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
- Draft an LOI to Carol B Phelon Foundation with AI
AI grant writing that drafts from your organization’s own materials, in your voice.
- Track this opportunity in a free grant tracker
A free Google Sheets or Excel template for deadlines, award terms, and reports due.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$17.0M
+0.3% YoY
Annual Giving
$872K
-14.8% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$872K
-14.8% YoY
Under IRS private-foundation payout rules, Carol B Phelon Foundation reported a distributable amount of $1.2M for 2024 — the minimum it must pay out in qualifying distributions.
Grantmaking
In filing year 2024, the foundation reported one grant totaling $872,000. The grant was listed to “SEE ATTACHED” in Fort Myers, Florida, for general support.
Ready to take the next step with Carol B Phelon Foundation?
Geographic Focus
Where this funder awards grants
The foundation’s sole reported grant in filing year 2024 went to a recipient listed in Florida.
Grant Distribution by State
Share of all 1 itemized 2024 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
| Filing year | Assets | Revenue | Expenses | Grants |
|---|---|---|---|---|
| 2024 | $17,049,322 | $1,139,783 | $1,127,517 | $872,000 |
| 2023 | $16,996,352 | $444,641 | $1,245,891 | $1,024,000 |
| 2022 | $17,794,270 | $371,999 | $1,528,282 | $1,155,000 |
The foundation’s EIN is 81-3637307.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $17,049,322 | $16,996,352 | $17,794,270 |
| Revenue | $1,139,783 | $444,641 | $371,999 |
| Expenses | $1,127,517 | $1,245,891 | $1,528,282 |
| Qualifying Distributions | $934,064 | $1,078,141 | $1,241,713 |
| Net Investment Income | $948,679 | $260,486 | $109,963 |
| Distributable Amount | $1,228,086 | $1,022,807 | $1,021,827 |
Data update history
When this profile's IRS filing data changed on Grantable
- 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 1 recipients in 2024
Grant Size Distribution
92 grants across all recorded years
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| SEE ATTACHED Fort Myers, FL | GENERAL SUPPORT | $872,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists the following trustees: Finemark Mational Bank Trust, Walter G Burkert, and Natasha B Travis.
Carol B Phelon Foundation's 2024 filing lists 3 officers; all 3 officers listed in 2024 are compensated.
Officers on the 2024 filing
Walter G. Burkert
Trustee
On filings since 2020
2 hrs/week
$22K (2020) → $82K (2024)
Finemark Mational Bank Trust
Trustee
On filings since 2023
2 hrs/week
$119K (2023) → $137K (2024)
Natasha B. Travis
Trustee
New on the 2024 filing
2 hrs/week
$23K (2024)
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.
Compensation Overview
From 2024 IRS filing
Contact
Mailing address: 8695 College Parkway Suite 100, Fort Myers, FL 33919
Phone: (239) 461-5900
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
How do I apply for a grant from Carol B Phelon Foundation?
The foundation does not accept unsolicited requests. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
Where does Carol B Phelon Foundation make grants?
The foundation’s sole reported grant in filing year 2024 went to a recipient listed in Florida.
How much is Carol B Phelon Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Carol B Phelon Foundation reported a distributable amount of $1.2M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Carol B Phelon Foundation's EIN?
Carol B Phelon Foundation's EIN (Employer Identification Number) is 81-3637307. IRS Form 990 filing data is available on this page for 2020–2024.
Does Carol B Phelon Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Explore Open Grants
Browse active grant opportunities in Carol B Phelon Foundation's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Collier Community Foundation Inc
Naples, FL
Assets
$349.2M
Grants
291
Total Given
$24.3M
The Richard M Schulze Family Foundation
Minneapolis, MN
Assets
—
Grants
1,431
Total Given
$47.9M
The League Club Inc
Naples, FL
Assets
$1.8M
Grants
35
Total Given
$683K
Southwest Florida Community Foundation
Fort Myers, FL
Assets
$183.5M
Grants
166
Total Given
$5.2M
Naples Children Foundation Inc
Naples, FL
Assets
$130.4M
Grants
50
Total Given
$26.1M
Suncoast Credit Union Foundation
Tampa, FL
Assets
$11.9M
Grants
162
Total Given
$6.0M
Brooks and Joan Fortune Family
Naples, FL
Assets
$12.2M
Grants
86
Total Given
$775K
Publix Super Markets Charities Inc
Lakeland, FL
Assets
$233.8M
Grants
3,269
Total Given
$52.5M
The Community Foundation for
Jacksonville, FL
Assets
$708.7M
Grants
2,470
Total Given
$78.0M
The Miami Foundation Inc
Miami, FL
Assets
$525.0M
Grants
879
Total Given
$57.2M
Community Foundation of Tampa Bay Inc
Tampa, FL
Assets
$1.0B
Grants
698
Total Given
$54.3M
Gulf Coast Community Foundation Inc
Venice, FL
Assets
$533.7M
Grants
651
Total Given
$45.0M
More Funders in Florida
Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.