Indian River Community Foundation Inc logo

Indian River Community Foundation Inc

VERO BEACH, FL EIN: 20-1729243 Website

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

Research compiled by Grantable AI from public sources. Last updated April 2026.

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

37states
+29 more states

Cities

AcworthAlbert LeaAlexandriaAnn ArborArlingtonAtlantaAvonBabson ParkBaltimoreBay HarborBayfieldBellevueBenningtonBenzoniaBergenfieldBexleyBigforkBoiseBooneBoston

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.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$9M$18M$27M$36M20202021202220232024
Metric202420232022
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

$0$5M$9M$14M$18M190 grants2020234 grants2021168 grants2022179 grants2023206 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

CHRIST CHURCH VERO BEACH$755KCLEVELAND CLINIC INDIAN …$451KBOYS & GIRLS CLUBS FOUND…$406KCHILDCARE RESOURCES OF I…$394KCROSSOVER MISSION INC$335KBAPTIST HEALTH SOUTH FLO…$200KAMERICAN FRIENDS OF TEL …$150KCORNELL UNIVERSITY$125KBOYS AND GIRLS CLUBS OF …$104KCOTTONWOOD DAY SCHOOL$100K

Grant Size Distribution

250 grants across all recorded years

192<$50K29$50–100K18$100–250K6$250–500K4$500K–1M1$1–5M$5M+

Open Grants

6 open opportunities from Indian River Community Foundation Inc

Show all 6 →

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

JEFFREY R PICKERINGCEO/PRESIDENT$245K

From 2024 filing

NameTitleHoursCompensation
KATHRYN B HEALYCHAIRMAN4
DALE F JACOBSVICE CHAIRMAN4
WILLIAM F SCHLITTTREASURER4
ANGELIA PERRYSECRETARY4
ALLEN JONESDIRECTOR2
ANTHONY P GUETTLERDIRECTOR2
ANTOINETTE W HAMNERDIRECTOR2
CARLA E MEYERDIRECTOR2
DAWN E MICHAELDIRECTOR2
FRAN G LASERSONDIRECTOR2
LOUIS C SCHACHTDIRECTOR2
MATTHEW G RUNDELSDIRECTOR2
MICHAEL A MCMANUS JRDIRECTOR2
MICHAEL J SWANDIRECTOR2
PATRICIA A BRIERDIRECTOR2
RENNIE GIBBDIRECTOR2
RONALD H MCGLYNNDIRECTOR2
SUZANNE E BERTMANDIRECTOR2
WANDA W LINCOLNDIRECTOR2
JEFFREY R PICKERINGCEO/PRESIDENT50$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)

The 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 Community

Subject 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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