Louis Portnoy Family Foundation Inc

JACKSONVILLE, FL EIN: 59-1869914

Louis Portnoy Family Foundation Inc is a private foundation, based in JACKSONVILLE, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $566K in total assets. In 2024, it awarded 11 grants totaling $25K. Net investment income was $64K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$566K

+21.2% YoY

Annual Giving

$25K

-2.0% YoY

Grant Count

11

+0.0% YoY

Avg Grant Size

$2K

-2.0% YoY

Under IRS private-foundation payout rules, Louis Portnoy Family Foundation Inc reported a distributable amount of $26K for 2024 — the minimum it must pay out in qualifying distributions.

About Louis Portnoy Family Foundation Inc

Based on IRS filings

Louis Portnoy Family Foundation Inc is a private foundation, based in JACKSONVILLE, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $566K in total assets. In 2024, it awarded 11 grants totaling $25K. Net investment income was $64K.

Ready to take the next step with Louis Portnoy Family Foundation Inc?

Geographic Focus

Where this funder awards grants

Grant Distribution by State

7states

Cities

Boca RatonCharlestonErieEustisJacksonvilleLos AngelesMt PleasantNew YorkOak BrookSedona

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$19K$37K$56K$75K20202021202220232024
Metric202420232022
Total Assets$565,573$466,605$468,462
Revenue$68,038$27,831$39,929
Expenses$28,678$29,438$30,877
Qualifying Distributions$25,250$25,750$27,925
Net Investment Income$64,247$22,643$36,881
Distributable Amount$25,675$23,746$25,394

Giving Over Time

Total grant dollars and number of grants per year

$0$7K$14K$21K$28K12 grants202013 grants202114 grants202211 grants202311 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

JACKSONVILLE JEWISH CENTER$5KAMERICAN FRIENDS OF MAGE…$3KCHABAD OF CHARLESTON$3KCONGREGATION AHAVATH CHE…$3KJEWISH COMMUNITY OF SEDONA$3KWOLFSON CHILDREN'S HOSPI…$3KJACKSONVILLE JEWISH FEDE…$2KNEMOURS CHILDRENS CLINIC$2KDREAMS COME TRUE$1KHOSPICE OF NORTHEAST FLO…$1K

Grant Size Distribution

61 grants across all recorded years

61<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Jacksonville Jewish Center ($5,000), American Friends of Magen David Adom ($2,500), Chabad of Charleston ($2,500).

RecipientPurposeAmount
AMERICAN FRIENDS OF MAGEN DAVID ADOM LOS ANGELES, CAPROVISION OF MEDICAL CARE IN ISRAEL$2,500
CHABAD OF CHARLESTON MT PLEASANT, SCSERVING THE JEWISH COMMUNITY THROUGHOUT CHARLESTON AND THE LOW COUNTY AREA$2,500
CONGREGATION AHAVATH CHESED JACKSONVILLE, FLSOCIAL SERVICES FOR JEWISH FAMILIES$2,500
DREAMS COME TRUE JACKSONVILLE, FLGRANTING DREAMS FOR CHILDREN WITH LIFE THREATENING ILLNESSES$1,000
HOSPICE OF NORTHEAST FLORIDA JACKSONVILLE, FLELDERLY CARE$1,000
JACKSONVILLE JEWISH CENTER JACKSONVILLE, FLSOCIAL SERVICES FOR JEWISH FAMILIES$5,000
JACKSONVILLE JEWISH FEDERATION JACKSONVILLE, FLSOCIAL SERVICES FOR JEWISH FAMILIES$2,000
JEWISH COMMUNITY OF SEDONA SEDONA, AZSOCIAL SERVICES FOR JEWISH FAMILIES$2,500
NEMOURS CHILDRENS CLINIC JACKSONVILLE, FLRESEARCH FOR CURES OF DISEASES$2,000
RONALD MCDONALD HOUSE OAK BROOK, ILHOUSING FOR FAMILIES IN HOSPITAL$1,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
RHONDA PASSINKPRES/TRUSTEE
JERRY PORTNOYVP/TRUSTEE
MICHAEL PORTNOYVP/TRUSTEE
MICHAEL N SCHNEIDERSECY/TRUSTEE
RICHARD PASSINKTREASURER
ROBERT ENNISASST SECY/TRUSTEE

Frequently Asked Questions

How large is Louis Portnoy Family Foundation Inc?

As of 2024, Louis Portnoy Family Foundation Inc holds $566K in total assets with $68K in annual revenue. It awarded 11 grants totaling $25K in 2024.

Where does Louis Portnoy Family Foundation Inc operate?

Louis Portnoy Family Foundation Inc has awarded grants in Arizona, California, Florida, Illinois, New York, Pennsylvania, South Carolina.

What size grants does Louis Portnoy Family Foundation Inc award?

In 2024, Louis Portnoy Family Foundation Inc awarded 11 grants totaling $25K — an average of about $2K per grant, based on its IRS Form 990 filings.

How much is Louis Portnoy Family Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Louis Portnoy Family Foundation Inc reported a distributable amount of $26K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Louis Portnoy Family Foundation Inc's EIN?

Louis Portnoy Family Foundation Inc's EIN (Employer Identification Number) is 59-1869914. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

Browse active grant opportunities in Louis Portnoy Family Foundation Inc's focus areas in our free grants database

Related Funders

Similar funders by location and focus area

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

What could you do with Louis Portnoy Family Foundation Inc on Grantable?

  • Assess strategic fit with your organization
  • Draft a tailored letter of inquiry
  • Find open RFPs from this funder
  • Monitor for new funding opportunities

Go from researching Louis Portnoy Family Foundation Inc to a real strategy.

Plan your approach