Fig Tree Fund 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 $7.3M in total assets. In 2024, it awarded 15 grants totaling $260K. Net investment income was $1.0M.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$7.3M
+56.7% YoY
Annual Giving
$260K
-7.1% YoY
Grant Count
15
+7.1% YoY
Avg Grant Size
$17K
-13.3% YoY
Under IRS private-foundation payout rules, Fig Tree Fund reported a distributable amount of $499K for 2024 — the minimum it must pay out in qualifying distributions.
About Fig Tree Fund
Based on IRS filings
Fig Tree Fund 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 $7.3M in total assets. In 2024, it awarded 15 grants totaling $260K. Net investment income was $1.0M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $7,266,298 | $4,638,333 | $4,896,972 |
| Revenue | $3,124,849 | $258,568 | $269,155 |
| Expenses | $508,720 | $517,207 | $508,297 |
| Qualifying Distributions | $401,261 | $434,731 | $434,180 |
| Net Investment Income | $1,044,351 | $191,414 | $198,374 |
| Distributable Amount | $498,520 | $384,312 | $380,097 |
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
57 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include The Bolles School ($70,000), Take Stock in Children ($50,000), UNF First Generation ($35,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Ability Housing Jacksonville, FL | Site planning and research | $10,000 |
| Catawba Land Conservancy Charlotte, NC | Trail renovation | $5,000 |
| Catawba River Keeper McAdenville, NC | Preserve, protect and restore waters | $5,000 |
| Groundwork Jacksonville Inc Jacksonville, FL | General support to restore urban creeks and trails | $10,000 |
| North Florida Land Trust Jacksonville, FL | Site planning and research | $5,000 |
| North Florida School for Special Education Jacksonville, FL | Support programs | $10,000 |
| Riverside Presbyterian Day School Jacksonville, FL | Support programs | $5,000 |
| Take Stock in Children Jacksonville, FL | Low income students are matched with a mentor and a college success coach. | $50,000 |
| The Bolles School Jacksonville, FL | Funds for students that are considered in good academic standing & demonstrate financial need | $70,000 |
| Timucuan Parks Foundation Jacksonville, FL | Planning and maintenance | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Katherine E S Newton | Manager / Trustee | 40 | $75,000 |
| Russell B Newton III | Trustee | 2 | — |
| Katherine S Newton | Trustee | 2 | — |
| Julie Newton Phillips | Trustee | 1 | — |
| Russell B Newton IV | Trustee | 1 | — |
| Dreama Vaughan | Trustee | 3.5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Fig Tree Fund?
Fig Tree Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in JACKSONVILLE, FL. It holds $7.3M in total assets as of 2024.
How large is Fig Tree Fund?
As of 2024, Fig Tree Fund holds $7.3M in total assets with $3.1M in annual revenue. It awarded 15 grants totaling $260K in 2024.
Where does Fig Tree Fund operate?
Fig Tree Fund has awarded grants in Florida, North Carolina.
What size grants does Fig Tree Fund award?
In 2024, Fig Tree Fund awarded 15 grants totaling $260K — an average of about $17K per grant, based on its IRS Form 990 filings.
How much is Fig Tree Fund required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Fig Tree Fund reported a distributable amount of $499K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Fig Tree Fund's EIN?
Fig Tree Fund's EIN (Employer Identification Number) is 81-0802820. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Fig Tree Fund'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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