E & B Sullivan Foundation

PONTE VEDRA, FL EIN: 76-0208033

E & B Sullivan Foundation is a private foundation, based in PONTE VEDRA, FL. IRS filing data is available from 2020 through 2022. As of 2022, the organization holds $118K in total assets. In 2022, it awarded 3 grants totaling $12K. Net investment income was $1K.

Financial Overview

From 2022 IRS Form 990-PF · View filing

Total Assets

$118K

-14.6% YoY

Annual Giving

$12K

+20.0% YoY

Grant Count

3

-40.0% YoY

Avg Grant Size

$4K

+100.0% YoY

Under IRS private-foundation payout rules, E & B Sullivan Foundation reported a distributable amount of $7K for 2022 — the minimum it must pay out in qualifying distributions.

About E & B Sullivan Foundation

Based on IRS filings

E & B Sullivan Foundation is a private foundation, based in PONTE VEDRA, FL. IRS filing data is available from 2020 through 2022. As of 2022, the organization holds $118K in total assets. In 2022, it awarded 3 grants totaling $12K. Net investment income was $1K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

6states

Cities

AtlantaRancho Santa FeRockvilleSanta MonicaSpringSt LouisStamford

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$9K$18K$27K$36K202020212022
Metric202220212020
Total Assets$117,870$138,052$117,288
Revenue$-3,766$32,803$3,280
Expenses$16,416$12,039$18,812
Qualifying Distributions$14,925$11,387
Net Investment Income$1,327$32,340$2,367
Distributable Amount$6,916$7,329$7,634

Giving Over Time

Total grant dollars and number of grants per year

$0$4K$8K$11K$15K5 grants20205 grants20213 grants2022

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2022

SALVATION ARMY$10KLEAPING BUTTERFLY$1KPEDAL THE CAUSE$1K

Grant Size Distribution

13 grants across all recorded years

13<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2022 grants, the largest include Salvation Army ($10,000), Leaping Butterfly ($1,000), Pedal the Cause ($1,000).

RecipientPurposeAmount
LEAPING BUTTERFLY SPRING, TXGENERAL$1,000
PEDAL THE CAUSE ST LOUIS, MOGENERAL$1,000
SALVATION ARMY ATLANTA, GAGENERAL$10,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2022 IRS filing

From 2022 filing

NameTitleHoursCompensation
PATRICIA D AKINDIRECTOR
JOANN D DRAUGHONDIRECTOR
CATHY A DRAUGHON-FOSSDIRECTOR

Frequently Asked Questions

How large is E & B Sullivan Foundation?

As of 2022, E & B Sullivan Foundation holds $118K in total assets with $-3,766 in annual revenue. It awarded 3 grants totaling $12K in 2022.

Where does E & B Sullivan Foundation operate?

E & B Sullivan Foundation has awarded grants in California, Connecticut, Georgia, Maryland, Missouri, Texas.

What size grants does E & B Sullivan Foundation award?

In 2022, E & B Sullivan Foundation awarded 3 grants totaling $12K — an average of about $4K per grant, based on its IRS Form 990 filings.

How much is E & B Sullivan Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2022, E & B Sullivan Foundation reported a distributable amount of $7K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is E & B Sullivan Foundation's EIN?

E & B Sullivan Foundation's EIN (Employer Identification Number) is 76-0208033. IRS Form 990 filing data is available on this page for 2020–2022.

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

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