Irma Schuster Foundation Inc

Private foundation · Grantmaker Sarasota, FL EIN: 01-0805754

Irma Schuster Foundation Inc is a private foundation, 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.

Key facts about Irma Schuster Foundation Inc

In short: Irma Schuster Foundation Inc gave $18K across 4 grants in 2024 (avg $5K), mostly in Florida. Source: 2024 IRS Form 990-PF.

EIN
01-0805754
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$18,000
Grants made (2024)
4
Average grant
$4,500
Median grant
$5,000
Total assets
$224,399
Primary geography
Florida (100% 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

$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.

How Irma Schuster Foundation Inc gives

  • Giving grew 20% from 2021 to 2024. Method
  • In 2024 it paid out 136% of 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

1state

Share of 2024 grant dollars across all 4 itemized grants.

States

Cities

SarasotaBradenton

Giving Over Time

Total grant dollars and number of grants per year

$0$5K$10K$15K$20K4 grants2020 4 grants2021 4 grants2022 4 grants2023 4 grants2024

From 2020 to 2024, annual grant giving ranged from $15K (2021) to $19K (2020). In 2024 it made 4 grants totaling $18K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

Boys & Girls Clubs of Sarasota and Desoto Counties: $6KBoys & Girls Clubs of Sarasotaand Desoto Counties$6KAll Star Children Foundation: $5KAll Star Children Foundation$5KAvenue 941: $5KAvenue 941$5KHumane Society of Sarasota County: $3KHumane Society of SarasotaCounty$3K

The largest 2024 recipient was Boys & Girls Clubs of Sarasota and Desoto Counties ($6K). Together the top 4 received $18K.

Grant Size Distribution

20 grants across all recorded years

20<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 20 grants of 20 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Boys & Girls Clubs of Sarasota and Desoto Counties Sarasota, FLTo enable all young people, especially those who need us most, to reach their full potential as productive, caring, responsible citizens$5,500
All Star Children Foundation Sarasota, FLBuilding a brighter future for children in foster care through innovation, science, and compassion.$5,000
Avenue 941 Bradenton, FLMentor and provide tutoring services to low income and at risk children.$5,000
Humane Society of Sarasota County Sarasota, FLRescuing, fostering, caring for and finding homes for pets in and around Sarasota county, fl$2,500

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$10K$20K$30K$40K2020 2021 2022 2023 2024
Metric202420232022
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

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Irma Schuster Foundation Inc's 2024 filing lists 3 officers; all 3 officers listed in 2024 are compensated.

Officers on the 2024 filing

  • Leslie Tatman

    Director

    On filings since 2020

    1 hr/week

    $1K (2021) → $1K (2024)

  • Norman J. Shea

    Director

    On filings since 2020

    1 hr/week

    $1K (2020) → $1K (2024)

  • Alexandra Gbeatty

    Director

    On filings since 2022

    1 hr/week

    $1K (2022) → $1K (2024)

Former officers (1)
  • Former: Rhonda Gingerich (2020–2021) — Director

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.

Compensation Overview

From 2024 IRS filing

Norman J Shea — Director: $1KNorman J SheaDirector$1KLeslie Tatman — Director: $1KLeslie TatmanDirector$1KAlexandra Gbeatty — Director: $1KAlexandra GbeattyDirector$1K

The highest reported compensation on the 2024 filing was $1K, to Norman J Shea (Director). 3 officers or directors reported compensation on that filing.

Frequently asked questions about Irma Schuster Foundation Inc

How much does Irma Schuster Foundation Inc give each year?

Irma Schuster Foundation Inc gave $18K across 4 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $16K across 4 grants.

What is Irma Schuster Foundation Inc's typical grant size?

Irma Schuster Foundation Inc's median grant in 2024 was $5,000, and its average grant was $4,500, across 4 grants on its 2024 IRS Form 990-PF.

Where does Irma Schuster Foundation Inc give grants?

Irma Schuster Foundation Inc gives mostly in Florida: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Sarasota, FL (3 grants).

Does Irma Schuster Foundation Inc give general operating support?

Not in 2024: none of the 4 grants with a stated purpose on Irma Schuster Foundation Inc's 2024 IRS Form 990-PF were described as general or operating support.

How large is Irma Schuster Foundation Inc?

Irma Schuster Foundation Inc reported $224K in total assets on its 2024 IRS Form 990-PF. It paid out $18K in qualifying distributions that year, against a required minimum of $13K (roughly 5% of its investment assets).

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.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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