Impact Competition Foundation
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
Share of all 4 itemized 2024 grant dollars.
Cities
Giving Over Time
Total grant dollars and number of grants per year
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
The largest 2024 recipient was Penn State University ($20K). Together the top 4 received $56K.
Grant Size Distribution
9 grants across all recorded years
The most common grant size was under $50K: 9 grants of 9 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Penn State University University Park, PA | Impact Competition | $20,000 |
| Indiana University Bloomington, IN | Impact Competition | $16,000 |
| University of Houston Houston, TX | Impact Competition | $10,000 |
| Cornell University Ithaca, NY | Impact Competition | $10,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
- 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.
Here's the math on researching Impact Competition Foundation by hand.
Explore Open Grants
Browse active grant opportunities in Impact Competition Foundation's focus areas in our free grants database
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