Floi Foundation

Private foundation · Grantmaker Wilmington, DE EIN: 99-3700919

Floi Foundation is a private foundation, based in Wilmington, DE. IRS filing data is available from 2024 through 2025. As of 2025, the organization holds $1.6M in total assets. In 2025, it awarded 3 grants totaling $15K. Net investment income was $250K.

Key facts about Floi Foundation

In short: Floi Foundation gave $15K across 3 grants in 2025 (avg $5K), mostly in California. Source: 2025 IRS Form 990-PF.

EIN
99-3700919
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$15,000
Grants made (2025)
3
Average grant
$5,000
Median grant
$5,000
Total assets
$1,641,217
Primary geography
California (100% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$1.6M

+113.1% YoY

Annual Giving

$15K

Grant Count

3

Avg Grant Size

$5K

Under IRS private-foundation payout rules, Floi Foundation reported a distributable amount of $45K for 2025 — the minimum it must pay out in qualifying distributions.

How Floi Foundation gives

  • In 2025 it paid out 58% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2025 grant dollars across all 3 itemized grants.

States

Cities

Menlo ParkSan Francisco

Giving Over Time

Total grant dollars and number of grants per year

$0$5K$10K$15K0 grants2024 3 grants2025

In 2025 it made 3 grants totaling $15K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2025

Trinity School: $13K across 2 grantsTrinity School$13K · 2 grantsCalifornia Academy of Sciences GGP: $2KCalifornia Academy of SciencesGGP$2K

The largest 2025 recipient was Trinity School ($13K across 2 grants). Together the top 2 received $15K.

Grant Size Distribution

3 grants across all recorded years

3<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 3 grants of 3 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Trinity School Menlo Park, CAGeneral & Unrestricted$8,000
Trinity School Menlo Park, CAMaking Magic Happen Annual Fund$5,000
California Academy of Sciences GGP San Francisco, CAGeneral & Unrestricted$2,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$250K$500K$750K$1M2024 2025
Metric20252024
Total Assets$1,641,217$770,122
Revenue$900,644$778,750
Expenses$29,549$8,628
Qualifying Distributions$26,106$8,628
Net Investment Income$249,686$10,289
Distributable Amount$44,867$5,414

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2025 (received by the IRS May 14, 2026)
  2. IRS filings on file for fiscal year 2024

Leadership & Key People

Officers and directors from IRS filings

Floi Foundation is led by Gianluca Milano, Director, President, Secretary & Treasurer on every filing since 2024; none of the 2 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Gianluca Milano

    Director, President, Secretary & Treasurer

    On filings since 2024

    1 hr/week

    No compensation reported

  • Lauren Milano

    Director

    On filings since 2024

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2024–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Floi Foundation

How much does Floi Foundation give each year?

Floi Foundation gave $15K across 3 grants in 2025, according to its 2025 IRS Form 990-PF.

What is Floi Foundation's typical grant size?

Floi Foundation's median grant in 2025 was $5,000, and its average grant was $5,000, across 3 grants on its 2025 IRS Form 990-PF.

Where does Floi Foundation give grants?

Floi Foundation gives mostly in California: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Menlo Park, CA (2 grants).

Does Floi Foundation give general operating support?

Yes: 100% of Floi Foundation's 2025 grants with a stated purpose (3 of 3) were for general or operating support, per its 2025 IRS Form 990-PF.

How large is Floi Foundation?

Floi Foundation reported $1.6M in total assets on its 2025 IRS Form 990-PF. It paid out $26K in qualifying distributions that year, against a required minimum of $45K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

What is Floi Foundation's EIN?

Floi Foundation's EIN (Employer Identification Number) is 99-3700919. IRS Form 990 filing data is available on this page for 2024–2025.

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

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