CSX Foundation Inc

JACKSONVILLE, FL EIN: 26-2248439

CSX Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in JACKSONVILLE, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $10.0M in total assets. In 2024, it awarded 1 grants totaling $11.9M. Net investment income was $423K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$10.0M

-13.2% YoY

Annual Giving

$11.9M

+67.8% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$11.9M

+67.8% YoY

Under IRS private-foundation payout rules, CSX Foundation Inc reported a distributable amount of $659K for 2024 — the minimum it must pay out in qualifying distributions.

About CSX Foundation Inc

Based on IRS filings

CSX Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in JACKSONVILLE, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $10.0M in total assets. In 2024, it awarded 1 grants totaling $11.9M. Net investment income was $423K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

Jacksonville

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$4M$8M$11M$15M20202021202220232024
Metric202420232022
Total Assets$10,007,679$11,525,119$8,454,024
Revenue$12,346,207$8,088,631$1,733,725
Expenses$13,863,647$5,017,536$460,803
Qualifying Distributions$13,831,986$5,010,375$445,955
Net Investment Income$423,066$980,431$225,319
Distributable Amount$658,817$496,867$427,937

Giving Over Time

Total grant dollars and number of grants per year

$0$3M$6M$9M$12M1 grants20201 grants20211 grants20221 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Various- See Attached St…$11.9M

Grant Size Distribution

5 grants across all recorded years

<$50K$50–100K$100–250K2$250–500K$500K–1M1$1–5M2$5M+

Open Grants

3 open opportunities from CSX Foundation Inc

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Various- See Attached Statement ($11,916,251).

RecipientPurposeAmount
Various- See Attached Statement Jacksonville, FLVarious$11,916,251

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Kevin BooneDirector
Joel PangbornExecutive Committee
Nicolette LuckieDirector
Bryan TuckerPresident
Angela WilliamsVice president and Treasurer
Ian HollingsworthCorporate Secretary
Anne HolmanAssistant Corporate Secretary
LaSandra BoykinVice President

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is CSX Foundation Inc?

CSX Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in JACKSONVILLE, FL. It holds $10.0M in total assets as of 2024.

How large is CSX Foundation Inc?

As of 2024, CSX Foundation Inc holds $10.0M in total assets with $12.3M in annual revenue. It awarded 1 grants totaling $11.9M in 2024.

Where does CSX Foundation Inc operate?

CSX Foundation Inc has awarded grants in Florida.

What size grants does CSX Foundation Inc award?

In 2024, CSX Foundation Inc awarded 1 grants totaling $11.9M — an average of about $11.9M per grant, based on its IRS Form 990 filings.

How much is CSX Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, CSX Foundation Inc reported a distributable amount of $659K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is CSX Foundation Inc's EIN?

CSX Foundation Inc's EIN (Employer Identification Number) is 26-2248439. IRS Form 990 filing data is available on this page for 2020–2024.

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Browse active grant opportunities in CSX Foundation Inc's focus areas in our free grants database

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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