Foundation 12 Inc
Foundation 12 Inc is a private foundation based in Tampa, Florida. It reports providing funds to educational and religious institutions, as well as arts and social institutions.
Foundation 12 Inc at a glance
In short: Foundation 12 Inc gave $82K across 11 grants in 2025 (avg $7K), mostly in Florida. 36% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $81,825
- -18.0% vs 2024
- Grants made (2025)
- 11
- -38.9% vs 2024
- Average grant
- $7,439
- +34.1% vs 2024
- Median grant
- $2,000
- Total assets
- $502,828
- +56.8% vs 2024
- New grantees (estimate)
- 36% first-time grantees (4 of 11, 2025; small sample)
- Primary geography
- Florida (51% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Foundation 12 Inc
- How to Apply
-
The 2025 filing names Margaret A Zakarian as the contact. It states that there is no designated form and applicants should submit all materials they deem necessary for consideration. Award restrictions are listed as N/A.
- Contact
Application contact: Margaret A Zakarian
Mailing address: 1501 E 2Nd Avenue, Tampa, FL 33605
Phone: (813) 248-3878
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Foundation 12 Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Berkeley Prepatory School ($31K). Together the top 10 received $81K.
Grant Size Distribution
51 grants across all recorded years
The most common grant size was under $50K: 50 grants of 51 (98%).
Geographic Focus
Where this funder awards grants
In 2025, 51% of grant dollars went to recipients in Florida, 31% to recipients in Indiana, and 18% to recipients in New York.
Grant Distribution by State
Share of 2025 grant dollars across all 11 itemized grants.
Cities
Is Foundation 12 Inc open to new grantees?
36%
first-time grantees, 2025
In 2025, 4 of 11 grantees (36%) were first-time recipients. With only 11 grantees, that is a small sample: one grantee more or less moves the share by about 9 points. First grants averaged $7K; repeat grants $8K. How we count
Medians: $2K first-time, $4K repeat.
- 64% of 2025 grantees were also funded in 2024. Method
- In 2025 it paid out 192% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2023–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2023 to 2025, annual grant giving ranged from $82K (2025) to $146K (2023). In 2025 it made 11 grants totaling $82K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Berkeley Prepatory School Tampa, FL | Educational Institution | $30,950 |
| University of Notre Dame Notre Dame, IN | Educational Institution | $25,000 |
| Marymount School of New York New York, NY | Educational Institution | $9,625 |
| Tampa Museum of Art Tampa, FL | Art Institution | $5,000 |
| Christ the King Church Tampa, FL | Religious Institution | $3,750 |
| Religious of the Sacred Heart of Mary New York, NY | Relgious Institution | $2,000 |
| St David's School New York, NY | Educational Institution | $2,000 |
| Catholic Ministry Appeal of St Petersburg St Petersburg, FL | Religious Institution | $1,000 |
| Ovarian Cancer Research Alliance New York, NY | Medical Institution | $1,000 |
| Metropolitian Ministries Tampa, FL | Community Support | $1,000 |
Ready to take the next step with Foundation 12 Inc?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $502,828 | $265,648 | $83,020 | $81,825 | 11 | $81,825 | $9,417 | $42,531 |
| 2024 | $320,609 | $118,140 | $100,992 | $99,827 | 18 | $99,827 | $11,001 | $24,205 |
| 2023 | $303,461 | $207,200 | $158,125 | $145,750 | 22 | $145,750 | $7,200 | $18,094 |
| 2022 | $254,386 | $254,386 | — | — | — | — | $231 | $781 |
Under IRS private-foundation payout rules, Foundation 12 Inc reported a distributable amount of $43K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The foundation’s 2025 filing describes its charitable activities as providing funds to educational and religious institutions and to arts and social institutions. Its 2025 grants included educational, religious, arts, medical, and community-support purposes.
The Tampa Museum of Art, a 2025 grantee, says its mission is to collect, preserve, study, and exhibit important works of art to educate, engage, and inspire people in its region and around the world.
Grantmaking
In filing year 2025, the foundation made 11 grants totaling $81,825. Grant amounts ranged from $500 to $30,950, with a median of $2,000. Its largest awards were $30,950 to Berkeley Preparatory School, $25,000 to the University of Notre Dame, and $9,625 to Marymount School of New York. Other grants included $5,000 to the Tampa Museum of Art and $3,750 to Christ the King Church.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Margaret A Zakarian, Debra L Williams, and Geoffrey Zakarian as directors and officers.
Foundation 12 Inc's 2025 filing lists 3 officers; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Debra L. Williams
Director & Officer
On filings since 2022
No compensation reported
Geoffrey Zakarian
Director & Officer
On filings since 2022
No compensation reported
Margaret A. Zakarian
Director & Officer
On filings since 2022
No compensation reported
Data from IRS Form 990 filings, 2022–2025. "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 Foundation 12 Inc
How much does Foundation 12 Inc give each year?
Foundation 12 Inc gave $82K across 11 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $100K across 18 grants.
What is Foundation 12 Inc's typical grant size?
Foundation 12 Inc's median grant in 2025 was $2,000, and its average grant was $7,439, across 11 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Foundation 12 Inc that year got $7K on average.
Where does Foundation 12 Inc give grants?
Foundation 12 Inc gives mostly in Florida: 51% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were Indiana (31%) and New York (18%). The most frequent recipient cities were New York, NY (5 grants) and Tampa, FL (4 grants).
Does Foundation 12 Inc give general operating support?
Not in 2025: none of the 11 grants with a stated purpose on Foundation 12 Inc's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Educational Institution" (5 grants).
Who are Foundation 12 Inc's largest grantees?
Foundation 12 Inc's largest 2025 grantees include Berkeley Prepatory School ($30,950), University of Notre Dame ($25,000) and Marymount School of New York ($9,625), according to its 2025 IRS Form 990-PF. Together they received 80% of its itemized 2025 grant dollars.
How large is Foundation 12 Inc?
Foundation 12 Inc reported $503K in total assets on its 2025 IRS Form 990-PF. It paid out $82K in qualifying distributions that year, against a required minimum of $43K (roughly 5% of its investment assets).
What does Foundation 12 Inc fund?
The foundation’s 2025 filing describes its charitable activities as providing funds to educational and religious institutions and to arts and social institutions. Its 2025 grants included educational, religious, arts, medical, and community-support purposes. See mission & focus areas ↑
How do I apply for a grant from Foundation 12 Inc?
The 2025 filing names Margaret A Zakarian as the contact. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Foundation 12 Inc's EIN?
Foundation 12 Inc's EIN (Employer Identification Number) is 92-1267498. IRS Form 990 filing data is available on this page for 2022–2025.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(5)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2022 (received by the IRS November 14, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS July 23, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS June 23, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 13, 2026)
- IRS filings on file for fiscal years 2022–2024
Explore Open Grants
Browse active grant opportunities in Foundation 12 Inc's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Foundation 12 Inc funder profile. GrantGraph. Retrieved October 15, 2026, from https://grantable.co/funders/foundation-12-inc-morg_d26ae31f598f4fb1bb3489dac2ce78bb
BibTeX
@misc{grantable_921267498_2026,
author = {{Grantable}},
title = {{Foundation 12 Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/foundation-12-inc-morg_d26ae31f598f4fb1bb3489dac2ce78bb},
note = {Accessed 2026-10-15. Data licensed CC BY 4.0}
} The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Foundation 12 Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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