Genspiration Foundation Inc
Genspiration Foundation Inc is a private foundation based in Tampa, Florida. Founded by the Genshaft/Greenbaum family, it makes grants to support education, health, and community and economic development, primarily—but not exclusively—in the Tampa Bay area.
Genspiration Foundation Inc at a glance
In short: Genspiration Foundation Inc gave $1.4M across 10 grants in 2025 (avg $140K), mostly in Florida. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $1,399,133
- +69.9% vs 2024
- Grants made (2025)
- 10
- +42.9% vs 2024
- Average grant
- $139,913
- +18.9% vs 2024
- Median grant
- $145,000
- Total assets
- $35,263,243
- +21.7% vs 2024
- Primary geography
- Florida (72% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026.
How to apply to Genspiration Foundation Inc
- Accepts unsolicited proposals
- No
- Invitation Only
-
The foundation makes contributions only to preselected charitable organizations, grants are by invitation only, and it does not accept unsolicited requests.
- Contact
Mailing address: PO Box 18931, Tampa, FL 33679
Phone: (813) 227-8456
Website: https://genspirationfoundation.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Genspiration Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Memorial Sloan-Kettering Cancer Center ($250K). Together the top 10 received $1.4M.
Grant Size Distribution
24 grants across all recorded years
The most common grant size was in the $100–250K range: 10 grants of 24 (42%).
Geographic Focus
Where this funder awards grants
The foundation says its investments are primarily, but not exclusively, in the Tampa Bay area. In 2025, 72% of grant dollars went to recipients in Florida and 28% to recipients in New York.
Grant Distribution by State
Share of 2025 grant dollars across all 10 itemized grants.
Cities
How Genspiration Foundation Inc gives
- 50% of 2025 grantees were also funded in 2024. Method
- Giving grew 377% from 2022 to 2025. Method
- In 2025 it paid out 91% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (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 2021 to 2025, annual grant giving ranged from $250K (2021) to $1.4M (2025). In 2025 it made 10 grants totaling $1.4M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Memorial Sloan-Kettering Cancer Center New York, NY | General Operational Expenses | $250,000 |
| Tampa Hillsborough Economic Development Corp Tampa, FL | General Operational Expenses | $200,000 |
| National Academy of Inventors Tampa, FL | General Operational Expenses | $199,056 |
| Tampa Bay InnovationHub (Embarc) Tampa, FL | General Operational Expenses | $175,000 |
| Genshaft Greenbaum Honors Foreign Explorer Program Tampa, FL | NONE | $150,000 |
| Brain & Behavior Research Foundation New York, NY | General Operational Expenses | $140,000 |
| Tampa General Hospital Foundation Incc Tampa, FL | General Operational Expenses | $115,660 |
| Instruments of Change Brandon, FL | General Operational Expenses | $69,417 |
| The University of South Florida Foundation BRAG Tampa, FL | General Operational Expenses | $50,000 |
| Southeastern Guide Dogs Inc Palmetto, FL | General Operational Expenses | $50,000 |
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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 | $35,263,243 | $10,376,336 | $1,663,008 | $1,399,133 | 10 | $1,481,336 | $4,072,361 | $1,627,356 |
| 2024 | $28,971,269 | $9,407,702 | $1,075,061 | $823,406 | 7 | $890,840 | $2,648,166 | $1,224,903 |
| 2023 | $23,382,579 | $8,626,172 | $473,144 | $287,100 | 3 | $375,476 | $3,134,042 | $838,590 |
| 2022 | $15,889,948 | $4,932,792 | $445,114 | $293,485 | 3 | $326,114 | $372,894 | $567,579 |
| 2021 | $12,402,598 | $8,078,017 | $294,217 | $250,000 | 1 | $259,185 | $2,041,818 | $324,575 |
| 2020 | $6,622,129 | $6,626,000 | $4,527 | — | — | — | — | $13,693 |
Under IRS private-foundation payout rules, Genspiration Foundation Inc reported a distributable amount of $1.6M 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 supports education, health, and community and economic development initiatives consistent with its mission and values. It says it seeks to support innovative organizations whose programs have measurable outcomes.
Its website describes support for Embarc Tampa Bay internships and student programs, Holocaust education through the Florida Holocaust Museum, post-adoption services through Friends in Adoption, and student leadership programs through Hillels of the Florida Suncoast. Among its 2025 grantees, Tampa Hillsborough Economic Development says its mission is to develop and sustain a thriving local economy through attracting, expanding, and retaining high-wage jobs and capital investment. The National Academy of Inventors says it provides instruction in inventing and innovation, with a focus on transformative technology and academic innovation. Southeastern Guide Dogs says its mission is to transform lives through partnerships between people and dogs.
Grantmaking
In filing year 2025, the foundation reported 10 grants totaling $1,399,133. Grant amounts ranged from $50,000 to $250,000, with a median of $145,000. Notable grants included $250,000 to Memorial Sloan-Kettering Cancer Center, $200,000 to Tampa Hillsborough Economic Development Corp, $199,056 to the National Academy of Inventors, and $175,000 to Tampa Bay InnovationHub (Embarc). The listed purposes for most of these grants were general operational expenses; the $150,000 grant to the Genshaft Greenbaum Honors Foreign Explorer Program listed no purpose.
Leadership & Key People
Leadership team and compensation from IRS filings
The foundation’s website identifies Noreen Segrest as CEO. Its 2025 filing lists Judy L. Genshaft, Joel D. Greenbaum, Steven I. Greenbaum, Amelia M. Campbell, and Bryan Greenbaum as members of the board of directors, and Noreen Segrest as CEO.
Genspiration Foundation Inc is led by Segrest Noreen, CEO since 2023 (on filings since 2022); 1 of 6 officers listed in 2025 is compensated.
Officers on the 2025 filing
Segrest Noreen
CEO
Executive Director → CEO, 2023
On filings since 2022
9 hrs/week
$22K (2022) → $57K (2025)
Campbell Amelia M.
Board of Directors
On filings since 2020
1 hr/week
No compensation reported
Genshaft Judy L.
Board of Directors
On filings since 2020
1 hr/week
No compensation reported
Greenbaum Joel D.
Board of Directors
On filings since 2020
1 hr/week
No compensation reported
Greenbaum Steven I.
Board of Directors
On filings since 2020
1 hr/week
No compensation reported
Greenbaum Bryan
Board of Directors
On filings since 2022
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $57K, to Segrest Noreen (CEO).
Frequently asked questions about Genspiration Foundation Inc
How much does Genspiration Foundation Inc give each year?
Genspiration Foundation Inc gave $1.4M across 10 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $823K across 7 grants.
What is Genspiration Foundation Inc's typical grant size?
Genspiration Foundation Inc's median grant in 2025 was $145,000, and its average grant was $139,913, across 10 grants on its 2025 IRS Form 990-PF.
Where does Genspiration Foundation Inc give grants?
Genspiration Foundation Inc gives mostly in Florida: 72% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was New York (28%). The most frequent recipient cities were Tampa, FL (6 grants) and New York, NY (2 grants).
Does Genspiration Foundation Inc give general operating support?
Yes: 90% of Genspiration Foundation Inc's 2025 grants with a stated purpose (9 of 10) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are Genspiration Foundation Inc's largest grantees?
Genspiration Foundation Inc's largest 2025 grantees include Memorial Sloan-Kettering Cancer Center ($250,000), Tampa Hillsborough Economic Development Corp ($200,000) and National Academy of Inventors ($199,056), according to its 2025 IRS Form 990-PF. Together they received 46% of its itemized 2025 grant dollars.
How large is Genspiration Foundation Inc?
Genspiration Foundation Inc reported $35.3M in total assets on its 2025 IRS Form 990-PF. It paid out $1.5M in qualifying distributions that year, against a required minimum of $1.6M (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does Genspiration Foundation Inc fund?
The foundation supports education, health, and community and economic development initiatives consistent with its mission and values. It says it seeks to support innovative organizations whose programs have measurable outcomes. See mission & focus areas ↑
How do I apply for a grant from Genspiration Foundation Inc?
The foundation makes contributions only to preselected charitable organizations, grants are by invitation only, and it does not accept unsolicited requests. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Genspiration Foundation Inc's EIN?
Genspiration Foundation Inc's EIN (Employer Identification Number) is 81-5168277. IRS Form 990 filing data is available on this page for 2020–2025.
Does Genspiration Foundation Inc accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS November 9, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 7, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS October 4, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS August 26, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS July 22, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 11, 2026)
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Cite this profile
Grantable. (2026). Genspiration Foundation Inc funder profile. GrantGraph. Retrieved October 15, 2026, from https://grantable.co/funders/genspiration-foundation-inc-morg_365e04bdf7e440e285f27cdc2c39b0e0
BibTeX
@misc{grantable_815168277_2026,
author = {{Grantable}},
title = {{Genspiration Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/genspiration-foundation-inc-morg_365e04bdf7e440e285f27cdc2c39b0e0},
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 Genspiration Foundation 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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