Holmes Foundation Inc
Holmes Foundation Inc is a private foundation focused on Arts and culture, based in Vero Beach, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.5M in total assets. In 2024, it awarded 7 grants totaling $60K. Net investment income was $205K.
Holmes Foundation Inc at a glance
In short: Holmes Foundation Inc gave $60K across 7 grants in 2024 (avg $9K), mostly in Colorado. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $60,000
- -14.3% vs 2023
- Grants made (2024)
- 7
- +0.0% vs 2023
- Average grant
- $8,571
- -14.3% vs 2023
- Median grant
- $5,000
- Total assets
- $1,547,146
- +9.4% vs 2023
- Primary geography
- Colorado (83% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Holmes Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
The largest 2024 recipient was Food Bank of the Rockies ($20K). Together the top 7 received $60K.
Grant Size Distribution
55 grants across all recorded years
The most common grant size was under $50K: 55 grants of 55 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 7 itemized grants.
Cities
How Holmes Foundation Inc gives
- Giving fell 33% from 2021 to 2024. Method
- In 2024 it paid out 69% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $60K (2024) to $90K (2021). In 2024 it made 7 grants totaling $60K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Food Bank of the Rockies Denver, CO | General | $20,000 |
| Centaurus Monarch Community Scolarship Louisville, CO | General | $15,000 |
| Cozy Coats for Kids Boulder, CO | General | $5,000 |
| I Have a Dream Foundation Boulder, CO | General | $5,000 |
| Procyon Strong Foundation Shelton, CT | General | $5,000 |
| Colorado Outward Bound Schoo Leadville, CO | General | $5,000 |
| Volunteers of America Eden Praire, MN | General | $5,000 |
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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 |
|---|---|---|---|---|---|---|---|---|
| 2024 | $1,547,146 | $224,065 | $91,302 | $60,000 | 7 | $61,788 | $204,666 | $89,037 |
| 2023 | $1,414,383 | $127,308 | $100,373 | $70,000 | 7 | $73,023 | $109,477 | $82,831 |
| 2022 | $1,644,895 | $79,905 | $107,055 | $80,000 | 10 | $81,512 | $75,146 | $71,470 |
| 2021 | $1,985,713 | $139,878 | $119,079 | $90,000 | 17 | $91,664 | $134,742 | $61,738 |
| 2020 | $1,829,213 | $94,003 | $105,645 | $76,000 | 14 | — | $69,799 | $82,592 |
Under IRS private-foundation payout rules, Holmes Foundation Inc reported a distributable amount of $89K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Holmes Foundation Inc is led by Jay Tyler Holmes, President on every filing since 2020; none of the 8 officers listed in 2024 report compensation.
Officers on the 2024 filing
Jay Tyler Holmes
President
On filings since 2020
1 hr/week
No compensation reported
Claudette Holmes
Director
On filings since 2020
1 hr/week
No compensation reported
Miriam W. Holmes
Director
On filings since 2020
1 hr/week
No compensation reported
Phil Fiore
Director
On filings since 2020
1 hr/week
No compensation reported
Matt Ridens
Director
On filings since 2021
1 hr/week
No compensation reported
Cortney H. Ridens
Vice President Treasurer
On filings since 2020
1 hr/week
No compensation reported
Katelyn Holmes
Member
On filings since 2020
1 hr/week
No compensation reported
Beckett C. Horner
Secretary
On filings since 2022
1 hr/week
No compensation reported
Former officers (1)
- Former: Michael Ohaire (2020–2021) — Secretary
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Holmes Foundation Inc
How much does Holmes Foundation Inc give each year?
Holmes Foundation Inc gave $60K across 7 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $70K across 7 grants.
What is Holmes Foundation Inc's typical grant size?
Holmes Foundation Inc's median grant in 2024 was $5,000, and its average grant was $8,571, across 7 grants on its 2024 IRS Form 990-PF.
Where does Holmes Foundation Inc give grants?
Holmes Foundation Inc gives mostly in Colorado: 83% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were Connecticut (8%) and Minnesota (8%). The most frequent recipient cities were Boulder, CO (2 grants).
Does Holmes Foundation Inc give general operating support?
Yes: 100% of Holmes Foundation Inc's 2024 grants with a stated purpose (7 of 7) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are Holmes Foundation Inc's largest grantees?
Holmes Foundation Inc's largest 2024 grantees include Food Bank of the Rockies ($20,000), Centaurus Monarch Community Scolarship ($15,000) and Cozy Coats for Kids ($5,000), according to its 2024 IRS Form 990-PF. Together they received 67% of its itemized 2024 grant dollars.
How large is Holmes Foundation Inc?
Holmes Foundation Inc reported $1.5M in total assets on its 2024 IRS Form 990-PF. It paid out $62K in qualifying distributions that year, against a required minimum of $89K (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 is Holmes Foundation Inc?
Holmes Foundation Inc is a private foundation focused on Arts and culture, based in Vero Beach, FL. It holds $1.5M in total assets as of 2024.
What is Holmes Foundation Inc's EIN?
Holmes Foundation Inc's EIN (Employer Identification Number) is 13-1946867. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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