Garcia Family Foundation I Inc
Garcia Family Foundation I Inc is a private family foundation established in 2002 and based in Tampa, Florida. The foundation operates as a 501(c)(3) tax-exempt organization with a focus on philanthropic grantmaking across multiple sectors.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$27.9M
-4.7% YoY
Annual Giving
$2.3M
+7.9% YoY
Grant Count
23
+4.5% YoY
Avg Grant Size
$100K
+3.2% YoY
Under IRS private-foundation payout rules, Garcia Family Foundation I Inc reported a distributable amount of $2.7M for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's primary purpose is to facilitate tax-exempt interest pass-through from Schedule K-1 of the Adeline Garcia estate. Primary funding interests include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
Grantmaking
The foundation made 22 grants in 2023. Typical award amounts range from $1,000 to $2,058,189.
Ready to take the next step with Garcia Family Foundation I Inc?
Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in:
- Florida
- District of Columbia
- Texas
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Assets: $27,887,115 (2024); $29,248,496 (2023)
Total Giving: $2,297,253 (2024)
Total Revenues: $1,302,683 (2023)
Total Expenses: $2,556,772 (2023)
Total Liabilities: $229,000 (2023)
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $27,887,115 | $29,248,496 | $30,273,299 |
| Revenue | $1,594,334 | $1,302,683 | $1,247,824 |
| Expenses | $2,829,555 | $2,556,772 | $2,230,435 |
| Qualifying Distributions | $2,298,028 | $2,129,296 | $2,222,796 |
| Net Investment Income | $364,831 | $274,162 | $793,307 |
| Distributable Amount | $2,672,980 | $2,153,921 | $2,122,629 |
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
95 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Greater Horizons ($1,647,253), Families Empowered ($139,463), Teneo Network Inc ($96,368).
| Recipient | Purpose | Amount |
|---|---|---|
| GREATER HORIZONS KANSAS CITY, MO | GENERAL OPERATIONS | $1,647,253 |
| CHRIST THE KING CATHOLIC SCHOOL TAMPA, FL | GENERAL OPERATIONS | $10,000 |
| PHILANTHROPY ROUNDTABLE WASHINGTON, DC | GENERAL OPERATIONS | $49,444 |
| FRAMEWORKS OF TAMPA BAY TAMPA, FL | GENERAL OPERATIONS | $25,000 |
| UNIVERSITY OF FLORIDA FOUNDATION GAINESVILLE, FL | GENERAL OPERATIONS | $9,000 |
| FLORIDA STATE UNIVERSITY FOUNDATION TALLAHASSEE, FL | GENERAL OPERATIONS | $9,000 |
| CATHOLIC UNIVERSITY OF AMERICA WASHINGTON, DC | GENERAL OPERATIONS | $24,445 |
| JESUIT HIGH SCHOOL TAMPA, FL | GENERAL OPERATIONS | $25,000 |
| BETTER TOGETHER NAPLES, FL | GENERAL OPERATIONS | $50,000 |
| DIOCESE OF ST PETERSBURG INC ST PETERSBURG, FL | GENERAL OPERATIONS | $50,366 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MARTIN L GARCIA | DIRECTOR | 1 | — |
| KENNEDY R GARCIA | DIRECTOR | 1 | — |
| MARSHALL GARRETT GARCIA | PRESIDENT | 12 | — |
| MYRNA GARCIA-HAAG | DIRECTOR | 1 | — |
| RENDALL GATES GARCIA | DIRECTOR | 1 | — |
| CANDACE RICH | DIRECTOR | 1 | — |
Contact Information
Address: 1700 S MacDill Ave Ste 240, Tampa, FL 33629-5244
Telephone: 813-253-3999
EIN: 54-2085787
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Garcia Family Foundation I Inc fund?
The foundation's primary purpose is to facilitate tax-exempt interest pass-through from Schedule K-1 of the Adeline Garcia estate. Primary funding interests include: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services
How do I apply for a grant from Garcia Family Foundation I Inc?
**Grant Activity:** The foundation made 22 grants in 2023. Typical award amounts range from $1,000 to $2,058,189. **Recent Grants (2023):** • Greater Horizons: $1,529,344 (General Operations) • The Philanthropy Roundtable: $49,800 (General Operations) • Catholic University of America: $25,023 (General Operations) **Total Giving:** $2,297,253 (2024 fiscal year)
Where does Garcia Family Foundation I Inc make grants?
The foundation primarily funds organizations in: • Florida • District of Columbia • Texas
What size grants does Garcia Family Foundation I Inc award?
In 2024, Garcia Family Foundation I Inc awarded 23 grants totaling $2.3M — an average of about $100K per grant, based on its IRS Form 990 filings.
How much is Garcia Family Foundation I Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Garcia Family Foundation I Inc reported a distributable amount of $2.7M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Garcia Family Foundation I Inc's EIN?
Garcia Family Foundation I Inc's EIN (Employer Identification Number) is 54-2085787. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Garcia Family Foundation I Inc's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
Virgil P Warren Fdn Tr Ua
ORLANDO, FL
Assets
$4.2M
Grants
14
Total Given
$96K
Palm Valley Academy Parent-teacher
PONTE VEDRA, FL
Assets
$261K
Grants
1
Total Given
$78K
The Fritch Foundation
FT LAUDERDALE, FL
Assets
—
Grants
17
Total Given
$167K
Leiman Asterisk Foundation Inc
DELRAY BEACH, FL
Assets
$1.2M
Grants
2
Total Given
$62K
Rachel Memorial Foundation
SANTA RSA BCH, FL
Assets
—
Grants
6
Total Given
$10K
My Brother'ssister's Keeper Charitable
ROYAL PALM BEACH, FL
Assets
$462K
Grants
1
Total Given
$50K
Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with Garcia Family Foundation I Inc on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities
Go from researching Garcia Family Foundation I Inc to a real strategy.