Innovate Orlando Inc
Innovate Orlando Inc is a private foundation focused on Education, based in Orlando, FL. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $152K in total assets. In 2024, it awarded 1 grant totaling $500.
Innovate Orlando Inc at a glance
In short: Innovate Orlando Inc gave $500 across 1 grant in 2024 (avg $500), mostly in Florida. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $500
- Grants made (2024)
- 1
- Average grant
- $500
- Median grant
- $500
- Total assets
- $151,558
- -13.5% vs 2023
- Primary geography
- Florida (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Innovate Orlando Inc funds
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was Orlando Science Center ($500).
Grant Size Distribution
1 grant across all recorded years
The most common grant size was under $50K: 1 grant of 1 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
States
Cities
How Innovate Orlando Inc 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.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
In 2024 it made 1 grant totaling $500.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Orlando Science Center Orlando, FL | Grant Support | $500 |
Ready to take the next step with Innovate Orlando Inc?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Distributable Amount |
|---|---|---|---|---|---|---|---|
| 2024 | $151,558 | $415,296 | $426,361 | $500 | 1 | $426,361 | $8,014 |
| 2023 | $175,123 | $325,516 | $150,393 | — | — | — | — |
Under IRS private-foundation payout rules, Innovate Orlando Inc reported a distributable amount of $8K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Innovate Orlando Inc is led by David Marc Adelson, CEO on every filing since 2023; 1 of 9 officers listed in 2024 is compensated.
Officers on the 2024 filing
David Marc Adelson
CEO
On filings since 2023
40 hrs/week
$219K (2024)
Daryl Holt
Chairman
New on the 2024 filing
10 hrs/week
No compensation reported
Angela Alban
Board Member
New on the 2024 filing
4 hrs/week
No compensation reported
charlie lewis
Board Member
New on the 2024 filing
4 hrs/week
No compensation reported
Donna Mackenzie
Board Member & Treasurer
New on the 2024 filing
10 hrs/week
No compensation reported
Eric Ushkowitz
Board Member
New on the 2024 filing
4 hrs/week
No compensation reported
kathy chiu
Board Member
New on the 2024 filing
4 hrs/week
No compensation reported
Thad Seymour
Board Member
New on the 2024 filing
4 hrs/week
No compensation reported
Tim Guiliani
Board Member
New on the 2024 filing
4 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2023–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $219K, to David Marc Adelson (CEO).
Frequently asked questions about Innovate Orlando Inc
How much does Innovate Orlando Inc give each year?
Innovate Orlando Inc gave $500 across 1 grant in 2024, according to its 2024 IRS Form 990-PF.
How large is Innovate Orlando Inc?
Innovate Orlando Inc reported $152K in total assets on its 2024 IRS Form 990-PF. It paid out $426K in qualifying distributions that year, against a required minimum of $8K (roughly 5% of its investment assets).
What is Innovate Orlando Inc?
Innovate Orlando Inc is a private foundation focused on Education, based in Orlando, FL. It holds $152K in total assets as of 2024.
Where does Innovate Orlando Inc operate?
Innovate Orlando Inc has awarded grants in Florida.
What is Innovate Orlando Inc's EIN?
Innovate Orlando Inc's EIN (Employer Identification Number) is 92-3100256. IRS Form 990 filing data is available on this page for 2023–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2023–2024
Explore Open Grants
Browse active grant opportunities in Innovate Orlando Inc's focus areas in our free grants database
Similar Funders
Funders with grantees in common
Aerojet Rocketdyne Foundation
Melbourne, FL
Assets
—
Grants
13
Total Given
$219K
Codeorg
Seattle, WA
CODEORG funds K–12 computer science and AI education, especially teacher professional development and community-building, with grants to education organizations across the United States; its curriculum is also used internationally. In 2025, grants ranged from $5,902 to $91,250, with a median of $29,450. The profile does not state whether it accepts unsolicited requests.
Assets
$68.1M
Grants
32
Total Given
$1.1M
Macauley & Helen Dow Whiting Foundation
Vero Beach, FL
The foundation supports schools, arts organizations, youth programs, and sports-related organizations, with most 2024 grant dollars going to Florida and additional funding in Michigan, Virginia, Colorado, and Oregon. Its 2024 grants ranged from $1,000 to $51,200, with a median of $5,000; it funds only preselected organizations and does not accept unsolicited requests.
Assets
$3.5M
Grants
13
Total Given
$217K
The Sam J Frankino Foundation
Cleveland, OH
The Sam J. Frankino Foundation supports healthcare, human services, education, environmental initiatives, arts and culture, and community development, with Ohio as its primary focus and some funding elsewhere in the U.S. and internationally. Its 2024 grants ranged from $1,000 to $500,000, with a median of $10,000. It accepts requests through a Letter of Inquiry process; the website requires an LOI before a full application.
Assets
$48.6M
Grants
83
Total Given
$3.0M
Central Florida Foundation
Orlando, FL
Central Florida Foundation supports nonprofit operations, social-impact initiatives, scholarships, and grassroots capacity-building across Central Florida, with focus areas including economic stability, healthcare, livability, education, and social connection. Its 2025 grants ranged from $5,000 to $331,743, with a median of $10,250; some application-based opportunities are available, while Community Investment Grants are by invitation only.
Assets
$104.2M
Grants
154
Total Given
$4.0M
The Dr P Phillips Foundation
Orlando, FL
The Dr P Phillips Foundation supports nonprofit capital projects and programs in arts and culture, education, health, youth, social services, entrepreneurship, and related areas, primarily serving Orange and Osceola Counties, Florida. Its 2025 grants ranged from $781 to $250,000, with a median of $5,000. The Charities’ process starts with a Letter of Intent; if interested, they invite organizations to submit a proposal.
Assets
$46.4M
Grants
92
Total Given
$2.0M
More similar funders
More Funders in Florida
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Innovate Orlando Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Innovate Orlando Inc down — hundreds of funders to go?