Costa Farms Scholarship Foundation Inc

Private foundation · Grantmaker Miami, FL EIN: 27-3586135

Costa Farms Scholarship Foundation Inc is a private foundation based in Miami, Florida. Its 2024 filing says it made scholarship grants to low-income students pursuing education at accredited post-secondary institutions.

Costa Farms Scholarship Foundation Inc at a glance

In short: Costa Farms Scholarship Foundation Inc gave $236K across 106 grants in 2024 (avg $2K), mostly in Florida. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$235,754
+32.1% vs 2023
Grants made (2024)
106
+30.9% vs 2023
Average grant
$2,224
+1.0% vs 2023
Median grant
$1,875
Total assets
$40,712
+1087.6% vs 2023
Primary geography
Florida (82% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

Data from IRS Form 990-PF, 2024; updated October 2026.

How to apply to Costa Farms Scholarship Foundation Inc

How to Apply

The 2024 filing says to contact an individual recipient It lists the application form and materials, and award restrictions, as “see attachment.” The filing says the foundation does not restrict giving to preselected…

The 2024 filing says to contact an individual recipient It lists the application form and materials, and award restrictions, as “see attachment.” The filing says the foundation does not restrict giving to preselected organizations.

Review Cycle
The 2024 filing lists November 30 of each year.
Deadline
The 2024 filing lists November 30 of each year.
Contact

Application contact: Nancy Quintana
Mailing address: 21800 Sw 162 Avenue, Miami, FL 33170
Phone: (305) 247-5135
Email: nquintana@costafarms.com

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who Costa Farms Scholarship Foundation Inc funds

How this funder distributes its grants

Grant Size Distribution

325 grants across all recorded years

325<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 325 grants of 325 (100%).

Geographic Focus

Where this funder awards grants

In 2024, Florida recipients received 82% of grant dollars. The remaining listed shares were Virginia, 5%; Alabama, 4%; Georgia, 3%; and North Carolina, 2%.

Grant Distribution by State

8states

Share of 2024 grant dollars across all 106 itemized grants.

Cities

ApopkaAshevilleBurlingtonCulpeperCutlerCutler BayDelandDoralEdgewaterEustisEvansFlorida CityGuntersvilleHialeahHomesteadIrmoJacksonvilleLabelleLake PlacidMiami

How Costa Farms Scholarship Foundation Inc gives

  • Giving grew 55% from 2021 to 2024. Method
  • In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K72 grants2021 66 grants2022 81 grants2023 106 grants2024

From 2021 to 2024, annual grant giving ranged from $149K (2022) to $236K (2024). In 2024 it made 106 grants totaling $236K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
50 individual scholarships Recipients not named —$163,938
Your AI grants department

Ready to take the next step with Costa Farms Scholarship Foundation Inc?

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2024$40,712$273,254$235,970$235,754106$235,970$19$1,089
2023$3,428$180,462$178,812$178,43881$178,812$17$866
2022$1,778$148,515$149,556$149,44566$149,556$3$1,351
2021$2,819$150,044$151,979$151,80072$151,979—$931

Under IRS private-foundation payout rules, Costa Farms Scholarship Foundation Inc reported a distributable amount of $1K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated October 2026.

Mission & Focus Areas

The foundation’s 2024 filing describes its direct charitable activity as making scholarship grants to low-income students to further their education at accredited post-secondary educational institutions. The 2024 grants listed in the filing were for education scholarships.

Grantmaking

In filing year 2024, the foundation made 106 grants totaling $235,754. Grant amounts ranged from $400 to $5,625, with a median of $1,875. The largest listed grants went to individual recipients; the highest was $5,625, and the filing identifies its purpose as an education scholarship.

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists Jose A Costa III, Maria Costa Smith, and Jose I Smith III as directors.

Costa Farms Scholarship Foundation Inc's 2024 filing lists 3 officers; none of the 3 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Jose A. Costa III

    Director

    On filings since 2021

    2 hrs/week

    No compensation reported

  • Jose I. Smith III

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • Maria Costa Smith

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2021–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Costa Farms Scholarship Foundation Inc

How much does Costa Farms Scholarship Foundation Inc give each year?

Costa Farms Scholarship Foundation Inc gave $236K across 106 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $178K across 81 grants.

What is Costa Farms Scholarship Foundation Inc's typical grant size?

Costa Farms Scholarship Foundation Inc's median grant in 2024 was $1,875, and its average grant was $2,224, across 106 grants on its 2024 IRS Form 990-PF.

Where does Costa Farms Scholarship Foundation Inc give grants?

Costa Farms Scholarship Foundation Inc gives mostly in Florida: 82% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there.

Does Costa Farms Scholarship Foundation Inc give general operating support?

Not in 2024: none of the 106 grants with a stated purpose on Costa Farms Scholarship Foundation Inc's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Education Scholarship" (106 grants).

How large is Costa Farms Scholarship Foundation Inc?

Costa Farms Scholarship Foundation Inc reported $41K in total assets on its 2024 IRS Form 990-PF. It paid out $236K in qualifying distributions that year, against a required minimum of $1K (roughly 5% of its investment assets).

What does Costa Farms Scholarship Foundation Inc fund?

The foundation’s 2024 filing describes its direct charitable activity as making scholarship grants to low-income students to further their education at accredited post-secondary educational institutions. The 2024 grants listed in the filing were for education scholarships. See mission & focus areas ↑

How do I apply for a grant from Costa Farms Scholarship Foundation Inc?

The 2024 filing says to contact an individual recipient It lists the application form and materials, and award restrictions, as “see attachment.” The filing says the foundation does not restrict giving to preselected… Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Costa Farms Scholarship Foundation Inc's EIN?

Costa Farms Scholarship Foundation Inc's EIN (Employer Identification Number) is 27-3586135. IRS Form 990 filing data is available on this page for 2021–2024.

Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2021–2024

Explore Open Grants

Browse active grant opportunities in Costa Farms Scholarship Foundation Inc's focus areas in our free grants database

Similar Funders

Similar funders in Florida

Publix Super Markets Charities Inc

Lakeland, FL

Publix Super Markets Charities supports nonprofits addressing hunger, homelessness and housing, youth, education, and community needs in Florida, Georgia, Alabama, North Carolina, South Carolina, Tennessee, Virginia, and Kentucky. Its 2024 median grant was $2,500, though awards ranged widely; it accepts online requests from eligible organizations, with application periods varying by program.

Assets

$233.8M

Grants

3,269

Total Given

$52.5M

The Community Foundation for Northeast Florida Inc

Jacksonville, FL

The Community Foundation for Northeast Florida supports neighborhood strengthening, nonprofit capacity, education, older adults, the arts, and other community needs, primarily in Baker, Clay, Duval, Nassau, Putnam, and St. Johns counties. Its 2024 grants had a median of $5,000, while its Program Support grants offer up to $25,000; eligible nonprofits may apply to competitive programs, but donor-advised funds do not accept applications.

Philanthropy, Voluntarism & Grantmaking

Assets

$708.7M

Grants

2,470

Total Given

$78.0M

The Community Foundation of Sarasota CO Inc

Sarasota, FL

The Community Foundation of Sarasota County funds nonprofit programs in areas including education, health care, basic needs, animal welfare, arts, and community capacity building. Its programmatic grants average $10,000–$25,000 and support organizations serving Sarasota, Manatee, Charlotte, and DeSoto counties; the profile does not state whether it accepts unsolicited requests.

Philanthropy, Voluntarism & Grantmaking

Assets

$518.5M

Grants

540

Total Given

$41.2M

Early Learning Coalition of Broward County Inc

Fort Lauderdale, FL

The Early Learning Coalition of Broward funds child care reimbursement and early-learning providers, including programs supporting child care and preschool, primarily in Broward County, Florida. Its 2025 grants ranged from $5,127 to $3,994,863, with a median of $158,921. The profile does not state whether it accepts unsolicited requests.

Human Services

Assets

$15.9M

Grants

636

Total Given

$152.2M

Leslie L Alexander Foundation Inc

Delray Beach, FL

The Leslie L Alexander Foundation supports animal rescue, education, children’s services, and other charitable work. In 2024, grants ranged from $600 to $1 million, with a median of $35,000; giving was concentrated in Florida and Texas, with awards also made elsewhere. It gives only to preselected organizations and does not accept unsolicited requests.

Philanthropy, Voluntarism & Grantmaking

Assets

$291.4M

Grants

622

Total Given

$28.4M

Community Foundation of Tampa Bay Inc

Tampa, FL

The Community Foundation of Tampa Bay funds nonprofits through competitive grants and other programs focused on economic opportunity, environmental resilience, health and wellbeing, education, and vibrant communities. Its typical grant is about $25,000, and it serves Hillsborough, Pinellas, Pasco, Hernando, and Citrus counties. It accepts applications through its competitive grants process and rolling Critical Needs List.

Philanthropy, Voluntarism & Grantmaking

Assets

$1.0B

Grants

698

Total Given

$54.3M

More similar funders

More Funders in Florida

The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Costa Farms Scholarship Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

Costa Farms Scholarship Foundation Inc down — hundreds of funders to go?

Want AI to do this for you?