Gulf Power Foundationinc
Gulf Power Foundationinc is a private foundation, based in PENSACOLA, FL. IRS filing data is available from 2020 through 2021. In 2021, it awarded 71 grants totaling $1.6M. Net investment income was $36K.
Key facts about Gulf Power Foundationinc
- EIN
- 59-2817740
- Latest 990 filing
- Form 990-PF, 2021
- Annual giving (2021)
- $1,630,608
- Grants made (2021)
- 71
- Average grant
- $22,966
- Median grant
- $10,000
- Primary geography
- Florida (99% of itemized 2021 grant dollars)
Data from IRS Form 990-PF, 2021; updated April 2026.
Who Gulf Power Foundationinc funds
By grant dollars, the top recipient states for Gulf Power Foundationinc's 71 itemized 2021 grants were Florida (99%). The most frequent recipient cities were Pensacola, FL (27 grants), Panama City, FL (11 grants), Fort Walton Beach, FL (6 grants) and Milton, FL (5 grants). 8% of grants with a stated purpose were for general or operating support. Recurring purposes include "Teacher Grant Program" (6 grants), "Take Stock in Children Scholarship" (5 grants) and "Environmental Conservation" (3 grants).
Financial Overview
From 2021 IRS Form 990-PF · View filing
Total Assets
—
-100.0% YoY
Annual Giving
$1.6M
+13.8% YoY
Grant Count
71
+14.5% YoY
Avg Grant Size
$23K
-0.6% YoY
Under IRS private-foundation payout rules, Gulf Power Foundationinc reported a distributable amount of $206K for 2021 — the minimum it must pay out in qualifying distributions.
About Gulf Power Foundationinc
Based on IRS filings
Gulf Power Foundationinc is a private foundation, based in PENSACOLA, FL. IRS filing data is available from 2020 through 2021. In 2021, it awarded 71 grants totaling $1.6M. Net investment income was $36K.
Ready to take the next step with Gulf Power Foundationinc?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 71 itemized 2021 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2021 | 2020 |
|---|---|---|
| Total Assets | — | $5,192,826 |
| Revenue | $35,582 | $89,386 |
| Expenses | $1,631,992 | $1,434,117 |
| Qualifying Distributions | $1,630,608 | — |
| Net Investment Income | $35,582 | $89,136 |
| Distributable Amount | $205,966 | $257,184 |
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 2021
Grant Size Distribution
133 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2021 grants, the largest recipients include Hsu Educational Foundation ($210,000), Florida State Parks Foundation ($145,000), Pensacola State College Foundation ($130,000 across 2 grants).
| Recipient | Purpose | Amount |
|---|---|---|
| HSU EDUCATIONAL FOUNDATION CRESTVIEW, FL | STEM EDUCATION | $210,000 |
| FLORIDA STATE PARKS FOUNDATION TALLAHASSEE, FL | ENVIRONMENTAL PRESERVATION | $145,000 |
| PENSACOLA HABITAT FOR HUMANITY PENSACOLA, FL | WRAP PROGRAM - AFFORDABLE HOUSING | $100,000 |
| PENSACOLA STATE COLLEGE FOUNDATION PENSACOLA, FL | SUPPORT OF PUBLIC COLLEGE | $100,000 |
| UNITED WAY OF WEST FLORIDA PENSACOLA, FL | COMMUNITY SERVICES | $96,600 |
| EARLY LEARNING COALITION OF ESCAMBIA COUNTY PENSACOLA, FL | YOUTH EDUCATION | $60,000 |
| CONSORTIUM OF FLORIDA EDUCATION FOUNDATIONS GAINESVILLE, FL | YOUTH EDUCATION | $50,000 |
| FLORIDA EDUCATION FOUNDATION TALLAHASSEE, FL | COACHING & CLASSES FOR TEACHERS | $50,000 |
| ACHIEVE ESCAMBIA PENSACOLA, FL | YOUTH COMMUNITY SERVICES | $45,000 |
| UNIVERSITY OF WEST FLORIDA FOUNDATION PENSACOLA, FL | TAKE STOCK COLLEGIATE PROGRAM | $44,898 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2021 IRS filing
From 2021 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| THOMAS BEAN | TRUSTEE | 0.5 | — |
| PAUL CUTLER | TREASURER | 0.5 | — |
| SUSAN MELIANS | CHAIRMAN | 0.5 | — |
| SCOTT SEELEY | SECRETARY | 0.5 | — |
| MELISSA PLOTSKY | ASSISTANT SECRETARY | 0.5 | — |
Frequently Asked Questions
Where does Gulf Power Foundationinc operate?
Gulf Power Foundationinc has awarded grants in Alabama, Florida, Georgia, Virginia.
What size grants does Gulf Power Foundationinc award?
In 2021, Gulf Power Foundationinc awarded 71 grants totaling $1.6M — an average of about $23K per grant, based on its IRS Form 990 filings.
How much is Gulf Power Foundationinc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2021, Gulf Power Foundationinc reported a distributable amount of $206K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Gulf Power Foundationinc's EIN?
Gulf Power Foundationinc's EIN (Employer Identification Number) is 59-2817740. IRS Form 990 filing data is available on this page for 2020–2021.
Explore Open Grants
Browse active grant opportunities in Gulf Power Foundationinc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.