Irma Schuster Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SARASOTA, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $224K in total assets. In 2024, it awarded 4 grants totaling $18K. Net investment income was $10K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$224K
-3.6% YoY
Annual Giving
$18K
+12.5% YoY
Grant Count
4
+0.0% YoY
Avg Grant Size
$5K
+12.5% YoY
Under IRS private-foundation payout rules, Irma Schuster Foundation Inc reported a distributable amount of $13K for 2024 — the minimum it must pay out in qualifying distributions.
About Irma Schuster Foundation Inc
Based on IRS filings
Irma Schuster Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SARASOTA, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $224K in total assets. In 2024, it awarded 4 grants totaling $18K. Net investment income was $10K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $224,399 | $232,887 | $242,571 |
| Revenue | $20,672 | $15,085 | $8,779 |
| Expenses | $29,160 | $24,769 | $27,464 |
| Qualifying Distributions | $18,000 | $16,000 | $16,000 |
| Net Investment Income | $9,512 | $6,316 | — |
| Distributable Amount | $13,216 | $12,727 | $14,408 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
20 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Boys & Girls Clubs of Sarasota and Desoto Counties ($5,500), All Star Children Foundation ($5,000), Avenue 941 ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ALL STAR CHILDREN FOUNDATION SARASOTA, FL | BUILDING A BRIGHTER FUTURE FOR CHILDREN IN FOSTER CARE THROUGH INNOVATION, SCIENCE, AND COMPASSION. | $5,000 |
| AVENUE 941 BRADENTON, FL | MENTOR AND PROVIDE TUTORING SERVICES TO LOW INCOME AND AT RISK CHILDREN. | $5,000 |
| BOYS & GIRLS CLUBS OF SARASOTA AND DESOTO COUNTIES SARASOTA, FL | TO ENABLE ALL YOUNG PEOPLE, ESPECIALLY THOSE WHO NEED US MOST, TO REACH THEIR FULL POTENTIAL AS PRODUCTIVE, CARING, RESPONSIBLE CITIZENS | $5,500 |
| HUMANE SOCIETY OF SARASOTA COUNTY SARASOTA, FL | RESCUING, FOSTERING, CARING FOR AND FINDING HOMES FOR PETS IN AND AROUND SARASOTA COUNTY, FL | $2,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| NORMAN J SHEA | DIRECTOR | 1 | $1,000 |
| LESLIE TATMAN | DIRECTOR | 1 | $1,000 |
| ALEXANDRA GBEATTY | DIRECTOR | 1 | $1,000 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Irma Schuster Foundation Inc?
Irma Schuster Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SARASOTA, FL. It holds $224K in total assets as of 2024.
How large is Irma Schuster Foundation Inc?
As of 2024, Irma Schuster Foundation Inc holds $224K in total assets with $21K in annual revenue. It awarded 4 grants totaling $18K in 2024.
Where does Irma Schuster Foundation Inc operate?
Irma Schuster Foundation Inc has awarded grants in Florida.
What size grants does Irma Schuster Foundation Inc award?
In 2024, Irma Schuster Foundation Inc awarded 4 grants totaling $18K — an average of about $5K per grant, based on its IRS Form 990 filings.
How much is Irma Schuster Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Irma Schuster Foundation Inc reported a distributable amount of $13K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Irma Schuster Foundation Inc's EIN?
Irma Schuster Foundation Inc's EIN (Employer Identification Number) is 01-0805754. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Irma Schuster Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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