Fites Family Charitable Trust

Private foundation · Grantmaker Naples, FL EIN: 37-1375732

FITES FAMILY CHARITABLE TRUST is a private foundation based in Naples, Florida. Its 2025 grants supported charitable organizations including universities, foundations, and other organizations; the stated purpose for the listed grants was to fund organizational operations.

Key facts about Fites Family Charitable Trust

In short: Fites Family Charitable Trust gave $2.8M across 19 grants in 2025 (avg $148K), top state Indiana. 32% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.

EIN
37-1375732
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$2,804,929
Grants made (2025)
19
Average grant
$147,628
Median grant
$10,000
New grantees (estimate)
32% first-time grantees (6 of 19, 2025)
Total assets
$15,160,820
Primary geography
Indiana (43% of itemized 2025 grant dollars)
Accepts unsolicited proposals
No
How to apply
The trust makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Full details ↓

Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$15.2M

+4.7% YoY

Annual Giving

$2.8M

+306.4% YoY

Grant Count

19

-13.6% YoY

Avg Grant Size

$148K

+370.6% YoY

Under IRS private-foundation payout rules, Fites Family Charitable Trust reported a distributable amount of $1.4M for 2025 — the minimum it must pay out in qualifying distributions.

Is Fites Family Charitable Trust open to new grantees?

32%

first-time grantees, 2025

In 2025, 6 of 19 grantees (32%) were first-time recipients. First grants averaged $170K; repeat grants $137K. How we count

Medians: $5K first-time, $10K repeat.

  • 63% of 2025 grantees were also funded in 2024. Method
  • Giving grew 391% from 2022 to 2025. Method
  • In 2025 it paid out 199% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2019–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

No mission statement for the trust is provided. Its 2025 grants included support for organizations such as Valparaiso University, Artis-Naples, the Salvation Army, and Baptist Health Foundation.

Baptist Health Foundation describes its mission as providing gifts, grants, and services to Baptist Health and other charitable organizations in furtherance of their scientific, literary, and educational purposes. Howard Young Foundation says it seeks and invests charitable support for Howard Young Health Care to improve the health and well-being of the community it serves. These are the grantees’ stated missions, not the trust’s.

Grantmaking

In 2025, the trust made 19 grants totaling $2,804,929. Grant amounts ranged from $500 to $1,000,000, with a median of $10,000. The largest grants were $1,000,000 each to Peoria Salvation Army and Valparaiso University, and $400,000 to Immokalee Foundation. Other notable grants included $150,000 to Phi Kappa Psi Foundation, $93,500 to Artis-Naples, and $50,000 to Baptist Health Foundation.

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Geographic Focus

Where this funder awards grants

The trust’s 2025 grant dollars were reported as 43% to Indiana, 37% to Illinois, 18% to Florida, 2% to Arkansas, and 1% to Wisconsin.

Grant Distribution by State

17states

Share of 2025 grant dollars across all 19 itemized grants.

Cities

NaplesMinocquaChicagoDaytonIndianapolisPeoriaPlymouthValparaisoDes PlainesLouisvilleLittle RockMadisonNotre DameSanta RosaWashington DCAlexandriaBoulder JunctionCedarvilleImmokaleePalm Beach Gardens

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$2M$3M33 grants2019 21 grants2020 18 grants2021 26 grants2022 25 grants2023 22 grants2024 19 grants2025

From 2019 to 2025, annual grant giving ranged from $399K (2023) to $2.8M (2025). In 2025 it made 19 grants totaling $2.8M.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Peoria Salvation Army: $1.0MPeoria Salvation Army$1.0MValparaiso University: $1.0MValparaiso University$1.0MImmokalee Foundation: $400KImmokalee Foundation$400KPhi Kappa Psi Foundation: $150KPhi Kappa Psi Foundation$150KArtis Naples: $94KArtis Naples$94KBaptist Health Foundation: $50KBaptist Health Foundation$50KNotre Dame University: $41KNotre Dame University$41KHoward Young Foundation: $10KHoward Young Foundation$10KPotowatomi Park Foundation: $10KPotowatomi Park Foundation$10KSalvation Army: $10KSalvation Army$10K

The largest 2025 recipient was Peoria Salvation Army ($1.0M). Together the top 10 received $2.8M.

Grant Size Distribution

110 grants across all recorded years

89<$50K9$50–100K6$100–250K2$250–500K2$500K–1M2$1–5M$5M+

The most common grant size was under $50K: 89 grants of 110 (81%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Peoria Salvation Army Peoria, ILFund Operations of the Organization$1,000,000
Valparaiso University Valparaiso, INFund Operations of the Organization$1,000,000
Immokalee Foundation Immokalee, FLFund Operations of the Organization$400,000
Phi Kappa Psi Foundation Indianapolis, INFund Operations of the Organization$150,000
Artis Naples Naples, FLFund Operations of the Organization$93,500
Baptist Health Foundation Little Rock, ARFund Operations of the Organization$50,000
Notre Dame University Notre Dame, INFund Operations of the Organization$41,429
Howard Young Foundation Minocqua, WIFund Operations of the Organization$10,000
Potowatomi Park Foundation Chicago, ILFund Operations of the Organization$10,000
Salvation Army Alexandria, VAFund Operations of the Organization$10,000

Financial History

Multi-year comparison from IRS filings

Filing year Grant total Number of grants
2025 $2,804,929 19
2024 $690,150 22
2023 $399,100 25
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2.5M$5M$7.5M$10M2019 2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$15,160,820$14,479,432$10,758,146
Revenue$8,585,940$4,512,747$807,398
Expenses$2,894,847$791,461$496,828
Qualifying Distributions$2,804,929$692,900$401,850
Net Investment Income$8,496,022$423,837$740,125
Distributable Amount$1,411,883$1,217,856$967,500

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2024 (received by the IRS November 17, 2025)
  2. Updated Form 990-PF for fiscal year 2025 (received by the IRS May 14, 2026)
  3. Added Form 990-PF for fiscal year 2019 (received by the IRS September 1, 2020)
  4. Updated Form 990-PF for fiscal year 2020 (received by the IRS November 16, 2021)
  5. Updated Form 990-PF for fiscal year 2021 (received by the IRS June 28, 2022)
  6. Updated Form 990-PF for fiscal year 2022 (received by the IRS June 27, 2023)
  7. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 31, 2024)

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists Donald V Fites as trustee, and Linda F Reed and Joyce S Hagen as directors/trustees.

Fites Family Charitable Trust's 2025 filing lists 3 officers; none of the 3 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Donald V. Fites

    Trustee

    On filings since 2019

    1 hr/week

    No compensation reported

  • Joyce S. Hagen

    Director & Trustee

    On filings since 2019

    1 hr/week

    No compensation reported

  • Linda F. Reed

    Director & Trustee

    On filings since 2019

    1 hr/week

    No compensation reported

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.

Contact

Mailing address: 9943 Brassie Bend, Naples, FL 34108-1923
Phone: (312) 342-0485

Frequently asked questions about Fites Family Charitable Trust

How much does Fites Family Charitable Trust give each year?

Fites Family Charitable Trust gave $2.8M across 19 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $690K across 22 grants.

What is Fites Family Charitable Trust's typical grant size?

Fites Family Charitable Trust's median grant in 2025 was $10,000, and its average grant was $147,628, across 19 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Fites Family Charitable Trust that year got $170K on average.

Where does Fites Family Charitable Trust give grants?

Fites Family Charitable Trust's top state is Indiana, with 43% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were Illinois (37%) and Florida (18%). The most frequent recipient cities were Peoria, IL (3 grants), Chicago, IL (3 grants), Naples, FL (2 grants) and Minocqua, WI (2 grants).

Does Fites Family Charitable Trust give general operating support?

Not in 2025: none of the 19 grants with a stated purpose on Fites Family Charitable Trust's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Fund Operations of the Organization" (19 grants).

Who are Fites Family Charitable Trust's largest grantees?

Fites Family Charitable Trust's largest 2025 grantees include Peoria Salvation Army ($1,000,000), Valparaiso University ($1,000,000) and Immokalee Foundation ($400,000), according to its 2025 IRS Form 990-PF. Together they received 86% of its itemized 2025 grant dollars.

How large is Fites Family Charitable Trust?

Fites Family Charitable Trust reported $15.2M in total assets on its 2025 IRS Form 990-PF. It paid out $2.8M in qualifying distributions that year, against a required minimum of $1.4M (roughly 5% of its investment assets).

What does Fites Family Charitable Trust fund?

No mission statement for the trust is provided. Its 2025 grants included support for organizations such as Valparaiso University, Artis-Naples, the Salvation Army, and Baptist Health Foundation. See mission & focus areas ↑

How do I apply for a grant from Fites Family Charitable Trust?

The trust makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Fites Family Charitable Trust's EIN?

Fites Family Charitable Trust's EIN (Employer Identification Number) is 37-1375732. IRS Form 990 filing data is available on this page for 2019–2025.

Does Fites Family Charitable Trust accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

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