TO ENHANCE THE QUALITY OF LIFE FOR THE CITIZENS OF THE GREATER HOMER AREA BY PROMOTING PHILANTHROPIC AND CHARITABLE ACTIVITIES.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$7.1M
+19.7% YoY
Annual Giving
$230K
+53.2% YoY
Grant Count
16
+33.3% YoY
Avg Grant Size
$14K
+14.9% YoY
About Homer Foundation
Based on IRS filings
Homer Foundation is a nonprofit organization focused on Youth Development, based in HOMER, AK. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $7.1M in total assets. In 2024, it awarded 16 grants totaling $230K. Net investment income was $684K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $7,101,020 | $5,932,058 | $5,061,813 |
| Revenue | $2,079,032 | $1,174,483 | $1,139,520 |
| Expenses | $1,130,176 | $680,341 | $635,043 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $684,408 | $118,333 | $118,353 |
| 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 10 recipients in 2024
Grant Size Distribution
57 grants across all recorded years
Open Grants
8 open opportunities from Homer Foundation
City of Homer Grant
HOMER FOUNDATION
Amount
Varies
Deadline
Rolling / Open
City of Homer Grant Program
HOMER FOUNDATION
Amount
Varies
Deadline
Rolling / Open
Educators Professional Development Scholarship Grant
HOMER FOUNDATION
Amount
Varies
Deadline
Rolling / Open
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Homer Community Food Pantry ($41,045), Homer Hockey Association ($32,063), Anchor Point Food Pantry ($25,046).
| Recipient | Purpose | Amount |
|---|---|---|
| ANCHOR POINT FOOD PANTRY ANCHOR POINT, AK | OPERATING SUPPORT | $25,046 |
| CITY OF HOMER HOMER, AK | SKATE PARK | $20,364 |
| CITY OF KACHEMAK HOMER, AK | OPERATING SUPPORT | $5,500 |
| HOMER COMMUNITY FOOD PANTRY HOMER, AK | EMERGENCY AID | $41,045 |
| HOMER COUNCIL ON THE ARTS HOMER, AK | ARTS EDUCATION | $11,345 |
| HOMER HOCKEY ASSOCIATION HOMER, AK | OPERATING SUPPORT | $32,063 |
| HOMER OPUS HOMER, AK | PROGRAM DIR SUPPORT | $8,000 |
| HOMER SENIOR CITIZENS HOMER, AK | OPERATING SUPPORT | $5,050 |
| HOMER TRAILS ALLIANCE HOMER, AK | TRAIL MAINTENANCE | $5,916 |
| KACHEMAK HERITAGE LAND TRUST HOMER, AK | CONSERVING HERITAGE | $5,400 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MICHAEL MILLER | EXECUTIVE DI | 40 | $74,320 |
| DENISE PITZMAN | PRESIDENT | 2 | — |
| PAULA MARTIN | TREASURER, V | 2 | — |
| KEN TAYLOR | SECRETARY | 1 | — |
| DOUG BAILY | TRUSTEE | 1 | — |
| LIZ DOWNING | TRUSTEE | 2 | — |
| VAN HAWKINS | DIRECTOR | 3 | — |
| PAUL SEATON | CGC CHAIR | 2 | — |
| TOM ZITZMANN | TRUSTEE | 1 | — |
| SARA REINERT | TRUSTEE | 1 | — |
| WILLIAM BELL | TRUSTEE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Homer Foundation?
Homer Foundation is a nonprofit organization focused on Youth Development, based in HOMER, AK. It holds $7.1M in total assets as of 2024.
How large is Homer Foundation?
As of 2024, Homer Foundation holds $7.1M in total assets with $2.1M in annual revenue. It awarded 16 grants totaling $230K in 2024.
Where does Homer Foundation operate?
Homer Foundation has awarded grants in Alaska, Virginia.
What size grants does Homer Foundation award?
In 2024, Homer Foundation awarded 16 grants totaling $230K — an average of about $14K per grant, based on its IRS Form 990 filings.
What is Homer Foundation's EIN?
Homer Foundation's EIN (Employer Identification Number) is 92-0139183. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Homer Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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