Impact Competition Foundation

Private foundation · Grantmaker Miami Beach, FL EIN: 85-3537730

Impact Competition Foundation is a private foundation, based in Miami Beach, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $103K in total assets. In 2024, it awarded 4 grants totaling $56K.

Key facts about Impact Competition Foundation

In short: Impact Competition Foundation gave $56K across 4 grants in 2024 (avg $14K), top state Pennsylvania. Source: 2024 IRS Form 990-PF.

EIN
85-3537730
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$56,000
Grants made (2024)
4
Average grant
$14,000
Median grant
$13,000
Total assets
$102,534
Primary geography
Pennsylvania (36% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$103K

-19.4% YoY

Annual Giving

$56K

+21.2% YoY

Grant Count

4

+0.0% YoY

Avg Grant Size

$14K

+21.2% YoY

Under IRS private-foundation payout rules, Impact Competition Foundation reported a distributable amount of $5K for 2024 — the minimum it must pay out in qualifying distributions.

How Impact Competition Foundation gives

  • In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

7states

Share of all 4 itemized 2024 grant dollars.

Cities

BloomingtonHoustonBostonChicagoIthacaUniversity ParkWindham

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K0 grants20200 grants20211 grants20224 grants20234 grants2024

From 2022 to 2024, annual grant giving ranged from $20K (2022) to $56K (2024). In 2024 it made 4 grants totaling $56K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

Penn State University: $20KPenn State University$20KIndiana University: $16KIndiana University$16KUniversity of Houston: $10KUniversity of Houston$10KCornell University: $10KCornell University$10K

The largest 2024 recipient was Penn State University ($20K). Together the top 4 received $56K.

Grant Size Distribution

9 grants across all recorded years

9<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 9 grants of 9 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Penn State University University Park, PAImpact Competition$20,000
Indiana University Bloomington, INImpact Competition$16,000
University of Houston Houston, TXImpact Competition$10,000
Cornell University Ithaca, NYImpact Competition$10,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$100K$200K$300K$400K20202021202220232024
Metric202420232022
Total Assets$102,534$127,144$16,222
Revenue$233,748$276,504$66,750
Expenses$258,358$165,582$169,195
Qualifying Distributions$258,358$165,582$169,195
Net Investment Income——$4
Distributable Amount$4,737$10,116$1,983

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Impact Competition Foundation is led by Lance Breitstein, President, Treasurer & Director on every filing since 2020; none of the 3 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Lance Breitstein

    President, Treasurer & Director

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Colin Brown

    Secretary & Director

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Mike Bellafiore

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

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 Impact Competition Foundation

How much does Impact Competition Foundation give each year?

Impact Competition Foundation gave $56K across 4 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $46K across 4 grants.

What is Impact Competition Foundation's typical grant size?

Impact Competition Foundation's median grant in 2024 was $13,000, and its average grant was $14,000, across 4 grants on its 2024 IRS Form 990-PF.

Where does Impact Competition Foundation give grants?

Impact Competition Foundation's top state is Pennsylvania, with 36% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were Indiana (29%) and Texas (18%).

Does Impact Competition Foundation give general operating support?

Not in 2024: none of the 4 grants with a stated purpose on Impact Competition Foundation's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Impact Competition" (4 grants).

How large is Impact Competition Foundation?

Impact Competition Foundation reported $103K in total assets on its 2024 IRS Form 990-PF. It paid out $258K in qualifying distributions that year, against a required minimum of $5K (roughly 5% of its investment assets).

What is Impact Competition Foundation's EIN?

Impact Competition Foundation's EIN (Employer Identification Number) is 85-3537730. 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.

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