Indian River Community Foundation Inc
Indian River Community Foundation is a nonprofit grantmaking foundation headquartered in Vero Beach, Florida. Established in 2008, the organization operates as a community foundation focused on philanthropic fundraising services and donor-driven charitable giving. The foundation serves as a resource for individuals and families seeking to organize their charitable contributions and create lasting philanthropic legacies.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$94.0M
+19.8% YoY
Annual Giving
$18.5M
+12.1% YoY
Grant Count
206
+15.1% YoY
Avg Grant Size
$90K
-2.6% YoY
Mission & Focus Areas
Mission: Building a better community through donor-driven philanthropy.
The foundation carries out its mission by:
- Helping donors simplify their charitable giving through donor-advised funds
- Enabling donors to create and leave charitable legacies through permanent endowments
- Leveraging philanthropic capital, community knowledge, and advice to advance effective philanthropic solutions
Primary Focus Areas:
- Education
- Environment
- Reading promotion
- Addiction services
- Family services
- Animal welfare
- Historic preservation
- Support for vulnerable individuals and families
Grantmaking
The foundation operates primarily through two main giving vehicles:
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Geographic Focus
Where this funder awards grants
Primary focus on Indian River County, Florida, with grants also distributed to charitable organizations across the country, including recipients in New York and North Carolina.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of June 2024 (Most Recent Tax Filing):
- Total Assets: $93,996,305 to $94 million
- Total Revenue: $32,324,111
- Total Expenses: $21,547,550
- Total Liabilities: $3,770,000
- Number of Employees: 6-7
Fund Holdings:
- Over 200 named charitable giving accounts (also reported as more than 195 named funds)
- Assets of approximately $92-100 million held in donor funds
Cumulative Impact Since 2008:
- More than $150 million awarded in grants
- Cumulative impact of $70 million
- Donors have granted more than $84 million from named funds
Staffing Growth: The foundation has grown to 6 employees, representing a 20% year-over-year increase of 2 people.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $93,996,305 | $78,436,639 | $78,791,488 |
| Revenue | $32,324,111 | $13,546,324 | $17,472,868 |
| Expenses | $21,547,550 | $19,143,625 | $12,526,164 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $4,437,827 | $2,840,721 | $6,680,062 |
| 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
250 grants across all recorded years
Open Grants
6 open opportunities from Indian River Community Foundation Inc
Discretionary Grants - Animal Welfare, Environment, & Historic Preservation
INDIAN RIVER COMMUNITY FOUNDATION INC
Amount
Varies
Deadline
Rolling / Open
Discretionary Grants - Vulnerable Individuals and Families
INDIAN RIVER COMMUNITY FOUNDATION INC
Amount
Varies
Deadline
Rolling / Open
Head, Heart and Hands of Indian River Club
INDIAN RIVER COMMUNITY FOUNDATION INC
Amount
Up to US $20,000
Deadline
Rolling / Open
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
President & CEO: Jeffrey R. Pickering
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KATHRYN B HEALY | CHAIRMAN | 4 | — |
| DALE F JACOBS | VICE CHAIRMAN | 4 | — |
| WILLIAM F SCHLITT | TREASURER | 4 | — |
| ANGELIA PERRY | SECRETARY | 4 | — |
| ALLEN JONES | DIRECTOR | 2 | — |
| ANTHONY P GUETTLER | DIRECTOR | 2 | — |
| ANTOINETTE W HAMNER | DIRECTOR | 2 | — |
| CARLA E MEYER | DIRECTOR | 2 | — |
| DAWN E MICHAEL | DIRECTOR | 2 | — |
| FRAN G LASERSON | DIRECTOR | 2 | — |
| LOUIS C SCHACHT | DIRECTOR | 2 | — |
| MATTHEW G RUNDELS | DIRECTOR | 2 | — |
| MICHAEL A MCMANUS JR | DIRECTOR | 2 | — |
| MICHAEL J SWAN | DIRECTOR | 2 | — |
| PATRICIA A BRIER | DIRECTOR | 2 | — |
| RENNIE GIBB | DIRECTOR | 2 | — |
| RONALD H MCGLYNN | DIRECTOR | 2 | — |
| SUZANNE E BERTMAN | DIRECTOR | 2 | — |
| WANDA W LINCOLN | DIRECTOR | 2 | — |
| JEFFREY R PICKERING | CEO/PRESIDENT | 50 | $245,176 |
Recent News & Activity
Recent developments and announcements
The foundation has announced several significant grants in recent periods:
$2 million investment/donation to a museum (record-setting gift)
$207,000 awarded to 7 local nonprofits
Community Foundation Awards $116,000 to 5 Local Nonprofits | Indian River$116,000 awarded to 5 local nonprofits
Community Foundation Awards $116,000 to 5 Local Nonprofits | Indian River$100,000 grant to Youth Guidance
IRCF Awards Youth Guidance $100,000 | Indian River Community Foundation$50,000 grant to Senior Resource Association
IRCF Awards Senior Resource Association $50,000 | Indian River CommunityThe foundation maintains active grant opportunities including the Head, Heart and Hands of Indian River Club Grant and funding priorities focused on animal welfare, environment, historic preservation, and support for vulnerable individuals and families.
Community Foundation Sets a Record with a $2M Investment | Indian River CommunitySubject Areas
Focus areas based on grantmaking activity
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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