First Federal Foundation Inc

LAKE CITY, FL EIN: 86-1296449

First Federal Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LAKE CITY, FL. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $5.5M in total assets. In 2024, it awarded 41 grants totaling $267K. Net investment income was $778K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$5.5M

+10.1% YoY

Annual Giving

$267K

+39.4% YoY

Grant Count

41

+70.8% YoY

Avg Grant Size

$7K

-18.4% YoY

About First Federal Foundation Inc

Based on IRS filings

First Federal Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LAKE CITY, FL. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $5.5M in total assets. In 2024, it awarded 41 grants totaling $267K. Net investment income was $778K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

6states

Cities

AthensAtlantaBeaufortChipleyClermontCottondaleFernandina BeachFort MillFort WhiteGainesvilleJacksonvilleJasperLake CityLawrencevilleLive OakLynn HavenMacclennyMadisonMariannaMayo

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$3M$5M$6M2021202220232024
Metric202420232022
Total Assets$5,522,863$5,014,020$5,209,063
Revenue$816,419$33,368$-51,753
Expenses$307,576$228,411$432,817
Qualifying Distributions$267,340$191,742$383,311
Net Investment Income$778,065$73,372$68,137
Distributable Amount$280,145$253,840$271,042

Giving Over Time

Total grant dollars and number of grants per year

$0$96K$192K$287K$383K4 grants202142 grants202224 grants202341 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

GAINESVILLE OPPORTUNITY …$18KUNITED WAY OF SUWANNEE V…$13KCOMMUNITY FOUNDATION OF …$12KBAY COUNTY COUNCIL ON AG…$10KCOLUMBIA SENIOR SERVICES$10KFORT WHITE THRIFT SHOP$10KPEACEFUL PATHS$10KUNITED WAY NORTH WEST FL$10KCARMEN MARIA BOUCINHA$8KDIDIER RODRIGUEZ GAINZA$8K

Grant Size Distribution

111 grants across all recorded years

108<$50K2$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
PAMELA HITTDIRECTOR, SECRETARY, COO
DAVID G BREWERDIRECTOR
JOHN MEDINADIRECTOR, CHAIRMEN
PHILIP MOSESDIRECTOR
KEITH LEIBFRIEDDIRECTOR, VICE CHAIRMEN
JENNIFER ANCHORSDIRECTOR
BARZELLA PAPADIRECTOR

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

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

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