Face Foundation
Face Foundation is a private foundation, based in Sarasota, FL. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $793K in total assets. In 2025, it awarded 4 grants totaling $70K. Net investment income was $30K.
Face Foundation at a glance
In short: Face Foundation gave $70K across 4 grants in 2025 (avg $18K), mostly in Florida. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $70,491
- +51.6% vs 2024
- Grants made (2025)
- 4
- +33.3% vs 2024
- Average grant
- $17,623
- +13.7% vs 2024
- Median grant
- $16,500
- Total assets
- $792,795
- -0.1% vs 2024
- Primary geography
- Florida (54% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Face Foundation funds
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2025
The largest 2025 recipient was Mount Sinai Medical Center Foundation ($30K). Together the top 4 received $70K.
Grant Size Distribution
18 grants across all recorded years
The most common grant size was under $50K: 17 grants of 18 (94%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 4 itemized grants.
Cities
How Face Foundation gives
- Giving fell 75% from 2022 to 2025. Method
- In 2025 it paid out 184% of 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
From 2019 to 2025, annual grant giving ranged from $41K (2023) to $277K (2022). In 2025 it made 4 grants totaling $70K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Mount Sinai Medical Center Foundation Miami Beach, FL | To provide high quality health care to our diverse community enhanced through teaching, research, charity care and financial responsibility. | $30,000 |
| The Elton John AIDS Foundation Inc New York, NY | To be a powerful force to end the aids epidemic and the stigma that surrounds hiv/aids. | $25,000 |
| Women of Tomorrow Miami, FL | To inspire, motivate and empower at-risk young women to live up to their full potential through a unique group mentoring program with highly accomplished professional women and scholarship opportunities. | $8,000 |
| Charity Buzz New York, NY | Charity Buzz company partners with various 501(c)(3) charities to help them raise funds for their causes. | $7,491 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $792,795 | $97,221 | $98,361 | $70,491 | 4 | $70,491 | $29,837 | $38,276 |
| 2024 | $793,935 | $159,017 | $76,300 | $46,500 | 3 | $46,500 | $19,717 | $38,689 |
| 2023 | $711,218 | $165,700 | $68,436 | $41,100 | 3 | $66,936 | — | $32,571 |
| 2022 | $613,954 | $100,000 | $306,026 | $276,780 | 3 | $306,026 | — | $35,311 |
| 2021 | $819,980 | — | $70,096 | $42,650 | 5 | — | — | $42,110 |
| 2020 | $890,076 | — | $86,050 | $58,700 | 2 | — | — | $45,019 |
| 2019 | $976,126 | — | $81,125 | $56,000 | 6 | — | — | $51,951 |
Under IRS private-foundation payout rules, Face Foundation reported a distributable amount of $38K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Face Foundation is led by Sarah B. Schroeder, Trustee on every filing since 2019 — the only officer listed, and compensated.
Officers on the 2025 filing
Sarah B. Schroeder
Trustee
On filings since 2019
1 hr/week
$24K (2019) → $24K (2025)
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $24K, to Sarah B Schroeder (Trustee).
Frequently asked questions about Face Foundation
How much does Face Foundation give each year?
Face Foundation gave $70K across 4 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $47K across 3 grants.
What is Face Foundation's typical grant size?
Face Foundation's median grant in 2025 was $16,500, and its average grant was $17,623, across 4 grants on its 2025 IRS Form 990-PF.
Where does Face Foundation give grants?
Face Foundation gives mostly in Florida: 54% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was New York (46%). The most frequent recipient cities were New York, NY (2 grants).
Does Face Foundation give general operating support?
Not in 2025: none of the 4 grants with a stated purpose on Face Foundation's 2025 IRS Form 990-PF were described as general or operating support.
How large is Face Foundation?
Face Foundation reported $793K in total assets on its 2025 IRS Form 990-PF. It paid out $70K in qualifying distributions that year, against a required minimum of $38K (roughly 5% of its investment assets).
What is Face Foundation's EIN?
Face Foundation's EIN (Employer Identification Number) is 26-6459930. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(8)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS February 14, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS February 16, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS February 14, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS August 14, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS August 15, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS August 15, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS April 5, 2026)
- IRS filings on file for fiscal years 2019–2025
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Browse active grant opportunities in Face Foundation's focus areas in our free grants database
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