Koivu Foundation INC
Koivu Foundation INC is a private foundation, based in Sanford, FL. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $906K in total assets. In 2024, it awarded 7 grants totaling $41K.
Koivu Foundation INC at a glance
In short: Koivu Foundation INC gave $41K across 7 grants in 2024 (avg $6K), mostly in Florida. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $41,128
- -17.7% vs 2023
- Grants made (2024)
- 7
- -30.0% vs 2023
- Average grant
- $5,875
- +17.5% vs 2023
- Median grant
- $5,000
- Total assets
- $905,599
- -4.7% vs 2023
- Primary geography
- Florida (76% 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 Koivu Foundation INC funds
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
The largest 2024 recipient was Pediatric Brain Tumor Foundation ($10K). Together the top 7 received $41K.
Grant Size Distribution
27 grants across all recorded years
The most common grant size was under $50K: 27 grants of 27 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 7 itemized grants.
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2022 to 2024, annual grant giving ranged from $32K (2022) to $50K (2023). In 2024 it made 7 grants totaling $41K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Pediatric Brain Tumor Foundation Atlanta, GA | Support charitys functions | $10,000 |
| Sports 4 the Kids Orlando, FL | Support charitys functions | $6,128 |
| Tampa Film Institute Tampa, FL | Support charitys functions | $5,000 |
| Harvest Time International Sanford, FL | Support charitys functions | $5,000 |
| Chair the Love Longwood, FL | Support charitys functions | $5,000 |
| Central Florida Zoo and Botanical Gardens Lake Monroe, FL | Support charitys Functions | $5,000 |
| Picnic Project Inc Sanford, FL | Support charitys functions | $5,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income |
|---|---|---|---|---|---|---|---|
| 2024 | $905,599 | $41,361 | $102,258 | $41,128 | 7 | $41,128 | — |
| 2023 | $949,894 | $36,228 | $109,007 | $50,000 | 10 | $50,000 | — |
| 2022 | $1,048,259 | $42,364 | $88,686 | $31,875 | 10 | $31,875 | $81,283 |
Leadership & Key People
Officers and directors from IRS filings
Koivu Foundation INC is led by Mark Koivu, President on every filing since 2022; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Mark Koivu
President
On filings since 2022
1 hr/week
No compensation reported
William Koivu
Treasurer & Secretary
On filings since 2022
5 hrs/week
$6K (2022) → $0 (2024)
Lori Koivu
Vice President
On filings since 2022
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2022–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2022 IRS filing
The highest reported compensation on the 2022 filing was $6K, to William Koivu (Treasurer/Secretary).
Frequently asked questions about Koivu Foundation INC
How much does Koivu Foundation INC give each year?
Koivu Foundation INC gave $41K across 7 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $50K across 10 grants.
What is Koivu Foundation INC's typical grant size?
Koivu Foundation INC's median grant in 2024 was $5,000, and its average grant was $5,875, across 7 grants on its 2024 IRS Form 990-PF.
Where does Koivu Foundation INC give grants?
Koivu Foundation INC gives mostly in Florida: 76% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was Georgia (24%). The most frequent recipient cities were Sanford, FL (2 grants).
Does Koivu Foundation INC give general operating support?
Not in 2024: none of the 7 grants with a stated purpose on Koivu Foundation INC's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Support charitys functions" (7 grants).
Who are Koivu Foundation INC's largest grantees?
Koivu Foundation INC's largest 2024 grantees include Pediatric Brain Tumor Foundation ($10,000), Sports 4 the Kids ($6,128) and Tampa Film Institute ($5,000), according to its 2024 IRS Form 990-PF. Together they received 51% of its itemized 2024 grant dollars.
How large is Koivu Foundation INC?
Koivu Foundation INC reported $906K in total assets on its 2024 IRS Form 990-PF. Its revenue that year was $41K.
What is Koivu Foundation INC's EIN?
Koivu Foundation INC's EIN (Employer Identification Number) is 87-3496468. IRS Form 990 filing data is available on this page for 2022–2024.
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 2022–2024
Live grants for the work Koivu Foundation INC funds
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