Coit Family Foundation
The Coit Family Foundation is a private foundation established in 1997 and based in Walnut Creek, California. The foundation operates as a 501(c)(3) organization with no employees.
Key facts about Coit Family Foundation
- EIN
- 94-3289041
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $2,330,978
- Grants made (2024)
- 50
- Average grant
- $46,620
- Median grant
- $10,000
- New grantees (estimate)
- 46% first-time grantees (23 of 50, 2024)
- Total assets
- $37,501,599
- Primary geography
- Arizona (51% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Who Coit Family Foundation funds
By grant dollars, the top recipient states for Coit Family Foundation's 50 itemized 2024 grants were Arizona (51%), California (32%) and District of Columbia (10%). The most frequent recipient cities were San Jose, CA (5 grants), Los Altos, CA (4 grants), Washington, DC (3 grants) and Berkeley, CA (3 grants). None of its 50 grants with a stated purpose were described as general or operating support. Recurring purposes include "Donation for Charitable Purposes" (50 grants).
Is Coit Family Foundation open to new grantees?
46%
first-time grantees, 2024
In 2024, 23 of 50 grantees (46%) were first-time recipients. First grants averaged $18K; repeat grants $71K. How we count
Medians: $5K first-time, $10K repeat.
- 42% of 2024 grantees were also funded in 2023. Method
- Giving fell 20% from 2021 to 2024. Method
- In 2024 it paid out 147% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with Coit Family Foundation
- How to evaluate Coit Family Foundation as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
- Draft an LOI to Coit Family Foundation with AI
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$37.5M
+25.7% YoY
Annual Giving
$2.3M
+6.1% YoY
Grant Count
50
+16.3% YoY
Avg Grant Size
$47K
-8.8% YoY
Under IRS private-foundation payout rules, Coit Family Foundation reported a distributable amount of $1.6M for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's stated purpose includes producing a video promoting the new Boys & Girls Club in Garden Grove, California. The foundation makes grants to support charitable purposes across various sectors.
Grantmaking
The foundation made 34 additional grants totaling approximately $1.25 million in 2023.
Ready to take the next step with Coit Family Foundation?
Geographic Focus
Where this funder awards grants
The foundation operates primarily in California, with documented giving to organizations in Arizona and California.
Grant Distribution by State
Share of all 50 itemized 2024 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
As of December 31, 2023
- Total assets: $29.8 million
- Total revenues: $3.68 million
- Total expenses: $2.24 million
- Number of employees: 0
Contact Information
- Address: 1655 N Main St Ste 270, Walnut Creek, CA 94596-4688
- Telephone: 925-790-2600
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $37,501,599 | $29,827,100 | $29,204,191 |
| Revenue | $1,246,728 | $3,681,874 | $2,281,647 |
| Expenses | $2,355,263 | $2,242,583 | $7,508,289 |
| Qualifying Distributions | $2,337,518 | $2,211,260 | $7,049,067 |
| Net Investment Income | $535,789 | $1,061,910 | $20,200,745 |
| Distributable Amount | $1,585,458 | $1,344,544 | $1,536,840 |
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 10 recipients in 2024
Grant Size Distribution
222 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include University of Arizona Foundation ($1,169,378), Uc Berkeley Foundation ($200,000), The Dog Aging Institute ($100,000).
| Recipient | Purpose | Amount |
|---|---|---|
| UNIVERSITY OF ARIZONA FOUNDATION Tuscon, AZ | DONATION FOR CHARITABLE PURPOSES | $1,169,378 |
| UC BERKELEY FOUNDATION Berkeley, CA | DONATION FOR CHARITABLE PURPOSES | $200,000 |
| THE DOG AGING INSTITUTE Jamaica Plain, NY | DONATION FOR CHARITABLE PURPOSES | $100,000 |
| WHITE PONY EXPRESS Pleasant Hill, CA | DONATION FOR CHARITABLE PURPOSES | $100,000 |
| AMERICAN INDEPENDENT Washington, DC | DONATION FOR CHARITABLE PURPOSES | $75,000 |
| INSTITUTE FOR RESEARCH ON PRESIDENTIAL ELECTIONS Los Altos, CA | DONATION FOR CHARITABLE PURPOSES | $75,000 |
| MEDIA MATTERS Washington, DC | DONATION FOR CHARITABLE PURPOSES | $75,000 |
| NATIONAL VOTE AT HOME INSTITUTE Washington, DC | DONATION FOR CHARITABLE PURPOSES | $75,000 |
| JOHN MUIR HEALTH FOUNDATION Walnut Creek, CA | DONATION FOR CHARITABLE PURPOSES | $50,000 |
| PACIFIC FLYWAY Concord, CA | DONATION FOR CHARITABLE PURPOSES | $50,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
- R. Ken Coit — Director, President
- Donna M. Coit — Director, Secretary, Treasurer
Both serve on a voluntary basis with no compensation.
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| R Ken Coit | Director, President | 1 | — |
| Donna M Coit | Director, Secretary, Treas | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Coit Family Foundation fund?
The foundation's stated purpose includes producing a video promoting the new Boys & Girls Club in Garden Grove, California. The foundation makes grants to support charitable purposes across various sectors.
How do I apply for a grant from Coit Family Foundation?
**Grant Activity (2023)** • Number of grants: 29-43 grants made • Total distributions: $2.2 million • Grant median: $10,000 • Grant maximum: $600,000 • Total contributions: $2.6 million **Recent Grantees (2023)** • University of Arizona Foundation: $420,000 • Regents of the University of California / University of California: $200,000 • White Pony Express: $150,000 The foundation made 34 additional grants totaling approximately $1.25 million in 2023.
Where does Coit Family Foundation make grants?
The foundation operates primarily in California, with documented giving to organizations in Arizona and California.
What size grants does Coit Family Foundation award?
In 2024, Coit Family Foundation awarded 50 grants totaling $2.3M — an average of about $47K per grant, based on its IRS Form 990 filings.
How much is Coit Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Coit Family Foundation reported a distributable amount of $1.6M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Coit Family Foundation's EIN?
Coit Family Foundation's EIN (Employer Identification Number) is 94-3289041. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.