To enhance and support the public recreational programs and facilities in the Town of Palm Beach, promoting community engagement and wellbeing.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.4M
+40.9% YoY
Annual Giving
$30K
+100.0% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$30K
+100.0% YoY
About Friends of Recreation Inc
Based on IRS filings
Friends of Recreation Inc is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in PALM BEACH, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.4M in total assets. In 2024, it awarded 1 grants totaling $30K. Net investment income was $32K.
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 | $1,401,280 | $994,182 | $705,522 |
| Revenue | $342,257 | $293,758 | $141,584 |
| Expenses | $48,304 | $66,225 | $56,759 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $32,359 | $17,089 | $4,247 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Town of Palm Beach ($30,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Town of Palm Beach Palm Beach, FL | Support for recreation programs | $30,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Matthew Smith | Chairman | 1 | — |
| Michael Ainslie | Vice Chairman | 1 | — |
| Darlene Jordan | Vice Chairman | 1 | — |
| Michael Kluger | Director | 1 | — |
| Alicia Mullen | Treasurer | 1 | — |
| Steve Smith | Director | 1 | — |
| Suzanne Ainslie | Director | 1 | — |
| Robert Crespi | Director | 1 | — |
| Cody Crowell | Director | 1 | — |
| Natalie Emerson | Director | 1 | — |
| Kimberly Goodwin | Director | 1 | — |
| Kelly Grace | Director | 1 | — |
| Jason Kalisman | Director | 1 | — |
| Sara Maggio | Director | 1 | — |
| Marley Overman | Director | 1 | — |
| Todd Peter | Director | 1 | — |
| Gary Pohrer | Director | 1 | — |
| Carolyn Ryan | Director | 1 | — |
| Diane Sterne | Director | 1 | — |
| Tara Vecellio | Director | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Friends of Recreation Inc?
Friends of Recreation Inc is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in PALM BEACH, FL. It holds $1.4M in total assets as of 2024.
How large is Friends of Recreation Inc?
As of 2024, Friends of Recreation Inc holds $1.4M in total assets with $342K in annual revenue. It awarded 1 grants totaling $30K in 2024.
Where does Friends of Recreation Inc operate?
Friends of Recreation Inc has awarded grants in Florida.
What size grants does Friends of Recreation Inc award?
In 2024, Friends of Recreation Inc awarded 1 grants totaling $30K — an average of about $30K per grant, based on its IRS Form 990 filings.
What is Friends of Recreation Inc's EIN?
Friends of Recreation Inc's EIN (Employer Identification Number) is 81-2812213. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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