Carol B Phelon Foundation is a private foundation based in Fort Myers, Florida. The foundation operates as a grantmaking organization focused on supporting nonprofit initiatives across multiple sectors.
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.
Mission & Focus Areas
The foundation's primary funding priorities include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
- Housing Development, Construction & Management
- Botanical Gardens & Arboreta
- Primary & Elementary Schools
- Community Improvement & Capacity Building
- Professional Societies & Associations
Grantmaking
The foundation demonstrates consistent grantmaking activity across its priority areas, with documented giving to educational institutions, environmental organizations, and community development initiatives in the Fort Myers area.
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations and initiatives in Fort Myers, Florida and the surrounding Southwest Florida region.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
- Total Assets: $17,049,322
- Total Annual Giving: $872,000
- EIN: 81-3637307
The foundation maintains IRS Form 990 filings available for tax years 2020 through 2024.
| 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 |
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
54 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include See Attached ($872,000).
| Recipient | Purpose | Amount |
|---|---|---|
| SEE ATTACHED FORT MYERS, FL | GENERAL SUPPORT | $872,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| FINEMARK MATIONAL BANK TRUST | TRUSTEE | 2 | $137,394 |
| WALTER G BURKERT | TRUSTEE | 2 | $81,908 |
| NATASHA B TRAVIS | TRUSTEE | 2 | $22,954 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Carol B Phelon Foundation fund?
The foundation's primary funding priorities include: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services • Housing Development, Construction & Management • Botanical Gardens & Arboreta • Primary & Elementary Schools • Community Improvement & Capacity Building • Professional Societies & Associations
How do I apply for a grant from Carol B Phelon Foundation?
**Financial Capacity:** • Total assets: $17,049,322 • Total annual giving: $872,000 The foundation demonstrates consistent grantmaking activity across its priority areas, with documented giving to educational institutions, environmental organizations, and community development initiatives in the Fort Myers area.
Where does Carol B Phelon Foundation make grants?
The foundation primarily funds organizations and initiatives in Fort Myers, Florida and the surrounding Southwest Florida region.
What size grants does Carol B Phelon Foundation award?
In 2024, Carol B Phelon Foundation awarded 1 grants totaling $872K — an average of about $872K per grant, based on its IRS Form 990 filings.
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.
Explore Open Grants
Browse active grant opportunities in Carol B Phelon Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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