Florida Academy of Sciences Inc is a private foundation focused on Science & Technology, based in MELBOURNE, FL. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $925K in total assets. In 2024, it awarded 6 grants totaling $9K. Net investment income was $29K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$925K
+6.1% YoY
Annual Giving
$9K
+50.0% YoY
Grant Count
6
+100.0% YoY
Avg Grant Size
$2K
-25.0% YoY
Under IRS private-foundation payout rules, Florida Academy of Sciences Inc reported a distributable amount of $40K for 2024 — the minimum it must pay out in qualifying distributions.
About Florida Academy of Sciences Inc
Based on IRS filings
Florida Academy of Sciences Inc is a private foundation focused on Science & Technology, based in MELBOURNE, FL. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $925K in total assets. In 2024, it awarded 6 grants totaling $9K. Net investment income was $29K.
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 | $924,542 | $871,390 | $798,750 |
| Revenue | $67,670 | $81,269 | $38,797 |
| Expenses | $61,861 | $75,990 | $44,395 |
| Qualifying Distributions | $42,158 | $51,503 | — |
| Net Investment Income | $29,031 | $12,547 | $19,714 |
| Distributable Amount | $39,510 | $36,211 | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
Grant Size Distribution
9 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Bethune Cookman University ($2,000), South Florida State College ($2,000), Seminole State College ($2,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BETHUNE COOKMAN UNIVERSITY DAYTONA BEACH, FL | GRANT-IN-AID OF UNDERGRADUATE RESEARCH | $2,000 |
| SOUTH FLORIDA STATE COLLEGE AVON PARK, FL | GRANT-IN-AID OF UNDERGRADUATE RESEARCH | $2,000 |
| SEMINOLE STATE COLLEGE SANFORD, FL | GRANT-IN-AID OF UNDERGRADUATE RESEARCH | $2,000 |
| UNIVERSITY OF CENTRAL FLORIDA ORLANDO, FL | SABBATICAL TRAVEL GRANT | $1,000 |
| UNIVERSITY OF NORTH FLORIDA JACKSONVILLE, FL | SABBATICAL TRAVEL GRANT | $1,000 |
| FLORIDA FOUNDATION FOR FUTURE SCIENTISTS ORLANDO, FL | SCHOLARSHIP | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| SESHA SRINIVASAN | PRESIDENT | 1 | — |
| JENNIFER WORTHAM | PRESIDENT ELECT | 1 | — |
| NORINE NOONAN | SECRETARY | 1 | — |
| RICHARD TURNER | TREASURER | 1 | — |
| THOMAS ARNOLD | DIRECTOR | 0.5 | — |
| JAMES AUSTIN | DIRECTOR | 0.5 | — |
| JULIE BOSWELL | DIRECTOR | 0.5 | — |
| GEUORGUI BOUROV | DIRECTOR | 0.5 | — |
| DARIN BELL | DIRECTOR | 0.5 | — |
| TOM D'ELIA | DIRECTOR | 0.5 | — |
| IAIN DUFFY | DIRECTOR | 0.5 | — |
| JAMES HAWKER | DIRECTOR | 0.5 | — |
| KYM HOLZWART | DIRECTOR | 0.5 | — |
| JEROME WILLIAMS | DIRECTOR | 0.5 | — |
| KELLI HUNSUCKER | DIRECTOR | 0.5 | — |
| ERIC GUISBERT | DIRECTOR | 0.5 | — |
| RICHARDO JIMENEZ | DIRECTOR | 0.5 | — |
| LEYA JOYKUTTY | DIRECTOR | 0.5 | — |
| DAVID KARLEN | DIRECTOR | 0.5 | — |
| ALVAN KARLIN | DIRECTOR | 0.5 | — |
| SARAH KREJCI | DIRECTOR | 0.5 | — |
| JESSICA SLISHER | DIRECTOR | 0.5 | — |
| JUSTIN MAIERS | DIRECTOR | 0.5 | — |
| BRUCE NOCITA | DIRECTOR | 0.5 | — |
| MICHAEL ROBINSON | DIRECTOR | 0.5 | — |
| SANJAY SESODIA | DIRECTOR | 0.5 | — |
| I JACK STOUT | DIRECTOR | 0.5 | — |
| MELBA HORTON | DIRECTOR | 0.5 | — |
| MELISSA BORGEN | DIRECTOR | 0.5 | — |
| EMADELDEN FOUAD | DIRECTOR | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Florida Academy of Sciences Inc?
Florida Academy of Sciences Inc is a private foundation focused on Science & Technology, based in MELBOURNE, FL. It holds $925K in total assets as of 2024.
How large is Florida Academy of Sciences Inc?
As of 2024, Florida Academy of Sciences Inc holds $925K in total assets with $68K in annual revenue. It awarded 6 grants totaling $9K in 2024.
Where does Florida Academy of Sciences Inc operate?
Florida Academy of Sciences Inc has awarded grants in Florida.
What size grants does Florida Academy of Sciences Inc award?
In 2024, Florida Academy of Sciences Inc awarded 6 grants totaling $9K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is Florida Academy of Sciences Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Florida Academy of Sciences Inc reported a distributable amount of $40K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Florida Academy of Sciences Inc's EIN?
Florida Academy of Sciences Inc's EIN (Employer Identification Number) is 59-1004603. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in Florida Academy of Sciences Inc'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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