Frances and Richard Cummins Charitable Foundation

BELLEAIR BLUFFS, FL EIN: 85-2364583

Frances and Richard Cummins Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BELLEAIR BLUFFS, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.5M in total assets. In 2024, it awarded 11 grants totaling $107K. Net investment income was $138K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.5M

+22.6% YoY

Annual Giving

$107K

+118.4% YoY

Grant Count

+120.0% YoY

Avg Grant Size

$10K

-0.7% YoY

Under IRS private-foundation payout rules, Frances and Richard Cummins Charitable Foundation reported a distributable amount of $122K for 2024 — the minimum it must pay out in qualifying distributions.

About Frances and Richard Cummins Charitable Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Florida $244K (90%)

Georgia $27K (10%)

States

Florida Georgia

Cities

ClearwaterHiramLargoMicanopyPalm HarborSaint PetersburgTampa

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$2,512,600	$2,049,497	$2,158,300
Revenue	$187,978	$44,219	$48,694
Expenses	$227,301	$153,023	$176,772
Qualifying Distributions	$107,000	$106,033	$129,879
Net Investment Income	$137,829	—	—
Distributable Amount	$121,834	$104,018	$106,571

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Grant Size Distribution

23 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Indian Rocks Christian School ($25,000), Eternal Family Project ($17,000), Pinellas Education Foundation ($12,500).

Recipient	Purpose	Amount
Christian Service Center Saint Petersburg, FL	Charitable 501c3Non-Profit	$10,000
Clearwater for Youth Clearwater, FL	Charitable 501c3 Non-Profit	$5,000
Anthony Gagliardi Memorial Fdn Tampa, FL	Charitable 501c3 Non-Profit	$5,000
Clearwater Aquatic Team Clearwater, FL	Charitable 501c3 Non-Profit	$5,000
The Kind Mouse Saint Petersburg, FL	Charitable 501c3 Non-Profit	$2,500
Palm Harbor United Methodist Church Palm Harbor, FL	Charitable 501c3 Non-Profit	$10,000
Indian Rocks Christian School Largo, FL	Charitable 501c3 Non-Profit	$25,000
Pinellas Education Foundation Largo, FL	Charitable 501c3 Non-Profit	$12,500
Eternal Family Project Hiram, GA	Charitable 501c3 Non-Profit	$17,000
St Vincent DePaul Clearwater, FL	Charitable 501c3 Non-Profit	$10,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
William Lovelace	PresidentSecretary	2	$21,000
Sharyn Webb	Vice President	2	—
Henry Webb	Vice President	2	$21,000
Debra Snyder	Treasurer	3	$21,000

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Frances and Richard Cummins Charitable Foundation?

Frances and Richard Cummins Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BELLEAIR BLUFFS, FL. It holds $2.5M in total assets as of 2024.

How large is Frances and Richard Cummins Charitable Foundation?

As of 2024, Frances and Richard Cummins Charitable Foundation holds $2.5M in total assets with $188K in annual revenue. It awarded 11 grants totaling $107K in 2024.

Where does Frances and Richard Cummins Charitable Foundation operate?

Frances and Richard Cummins Charitable Foundation has awarded grants in Florida, Georgia.

What size grants does Frances and Richard Cummins Charitable Foundation award?

In 2024, Frances and Richard Cummins Charitable Foundation awarded 11 grants totaling $107K — an average of about $10K per grant, based on its IRS Form 990 filings.

How much is Frances and Richard Cummins Charitable Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Frances and Richard Cummins Charitable Foundation reported a distributable amount of $122K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Frances and Richard Cummins Charitable Foundation's EIN?

Frances and Richard Cummins Charitable Foundation's EIN (Employer Identification Number) is 85-2364583. IRS Form 990 filing data is available on this page for 2020–2024.