Close Friend Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BONITA SPRINGS, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $516K in total assets. In 2024, it awarded 4 grants totaling $51K. Net investment income was $16K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$516K
-7.8% YoY
Annual Giving
$51K
+725.8% YoY
Grant Count
4
+33.3% YoY
Avg Grant Size
$13K
+519.4% YoY
Under IRS private-foundation payout rules, Close Friend Foundation reported a distributable amount of $26K for 2024 — the minimum it must pay out in qualifying distributions.
About Close Friend Foundation
Based on IRS filings
Close Friend Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BONITA SPRINGS, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $516K in total assets. In 2024, it awarded 4 grants totaling $51K. Net investment income was $16K.
Focus Areas
Ready to take the next step with Close Friend Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $516,305 | $559,949 | $553,796 |
| Revenue | $16,164 | $21,550 | $49,469 |
| Expenses | $60,026 | $14,732 | $18,800 |
| Qualifying Distributions | $59,766 | $12,379 | $17,007 |
| Net Investment Income | $15,942 | $14,594 | $45,891 |
| Distributable Amount | $26,040 | $23,865 | $20,796 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
21 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Audubon Florida ($40,000), Lee Mem Health System Fdn ($10,000), Collier Community Foundation ($1,100).
| Recipient | Purpose | Amount |
|---|---|---|
| COLLIER COMMUNITY FOUNDATION NAPLES, FL | SUPPORT FOR SOCIAL SERVICES | $1,100 |
| HIGH COUNTRY BREAST CANCER FDN BLOWING ROCK, NC | SUPPORT FOR MEDICAL RESEARCH | $100 |
| AUDUBON FLORIDA MIAMI, FL | PRESERVE SANCTUARY | $40,000 |
| LEE MEM HEALTH SYSTEM FDN FORT MYERS, FL | SUPPORT FOR KIDS MINDS MATTER | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JOHN P HOWARD | TRUSTEE | 2 | — |
| MARTHA HOWARD | TRUSTEE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Close Friend Foundation?
Close Friend Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BONITA SPRINGS, FL. It holds $516K in total assets as of 2024.
How large is Close Friend Foundation?
As of 2024, Close Friend Foundation holds $516K in total assets with $16K in annual revenue. It awarded 4 grants totaling $51K in 2024.
Where does Close Friend Foundation operate?
Close Friend Foundation has awarded grants in Florida, Illinois, North Carolina.
What size grants does Close Friend Foundation award?
In 2024, Close Friend Foundation awarded 4 grants totaling $51K — an average of about $13K per grant, based on its IRS Form 990 filings.
How much is Close Friend Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Close Friend Foundation reported a distributable amount of $26K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Close Friend Foundation's EIN?
Close Friend Foundation's EIN (Employer Identification Number) is 37-6438016. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Close Friend Foundation's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
The Goodman Foundation Inc
SALISBURY, NC
Assets
$11.4M
Grants
61
Total Given
$626K
Dr Scholl Foundation
NORTHBROOK, IL
Assets
—
Grants
410
Total Given
$8.9M
The Fischbach Foundation
DEEP RIVER, CT
Assets
$311K
Grants
19
Total Given
$115K
The Community Foundation of Herkimer and
UTICA, NY
Assets
$221.2M
Grants
190
Total Given
$7.1M
Samuel M and Alma Catsman Foundation
STUART, FL
Assets
$5.5M
Grants
16
Total Given
$737K
Flynn Family Foundation
BONITA SPRINGS, FL
Assets
—
Grants
21
Total Given
$49K
Sweet Grass Community Foundation
BIG TIMBER, MT
Assets
$4.1M
Grants
14
Total Given
$433K
Waycaster Foundation
CYPRESS, TX
Assets
$251K
Grants
17
Total Given
$20K
The Bolick Foundation
CONOVER, NC
Assets
$55.1M
Grants
266
Total Given
$22.5M
Dougherty Family Foundation
WAYZATA, MN
Assets
—
Grants
24
Total Given
$8.4M
Abrams Family Foundation
DETROIT, MI
Assets
$3.6M
Grants
24
Total Given
$558K
J & J Family Foundation
NAPLES, FL
Assets
$27.2M
Grants
40
Total Given
$3.5M
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Close Friend Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities