Margaret R Binz Foundation Inc

MELBOURNE, FL EIN: 59-1367134

Margaret R Binz Foundation Inc is a private grantmaking foundation established in 1981 and based in Melbourne, Florida. The foundation operates as a non-operating foundation focused on charitable giving within Florida.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.4M

+4.7% YoY

Annual Giving

$154K

+50.5% YoY

Grant Count

32

+0.0% YoY

Avg Grant Size

$5K

+50.5% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's stated purpose is giving for underprivileged children and the prevention of cruelty to animals. The foundation does not maintain a formal mission statement on public profiles.

Grantmaking

The foundation operates on an invite-only basis and does not accept unsolicited applications. The foundation typically selects grantees rather than accepting proposals from the general public.

Grant Range

$5,000–$7,500

Average Grant

$7,000

How to Apply

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Geographic Focus

Where this funder awards grants

Grantmaking is concentrated exclusively in Florida, with funding distributed to organizations in cities including Melbourne, Indiatlantic, Orlando, Rockledge, Cocoa, Palm Bay, Malabar, Merritt Island, and Palm Shores.

Grant Distribution by State

1states

States

Cities

CocoaFellsmereIndialanticIndiatlanticMalabarMelbourneMerritt IslandOrlandoPalm BayPalm ShoresRockledgeTarpon SpringsVieraWest Melbourne

Financial History

Multi-year comparison from IRS filings

Assets & Revenue (2024):

  • Total assets: $2.4 million
  • Annual income: $773,000
  • Total giving: $153,500–$154,000
  • Annual expenses: approximately $238,620

Asset Growth: Assets have grown 2.6% from the previous year.

Giving Rate: The foundation distributes approximately 6.5% of assets annually.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$102K$204K$306K$407K20202021202220232024
Metric202420232022
Total Assets$2,375,729$2,268,795$2,185,784
Revenue$234,369$173,576$103,600
Expenses$179,310$135,428$238,620
Qualifying Distributions$162,521$118,780$220,795
Net Investment Income$217,580$156,928$85,775
Distributable Amount$115,673$108,836$119,051

Giving Over Time

Total grant dollars and number of grants per year

$0$66K$131K$197K$263K24 grants202029 grants202130 grants202232 grants202332 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

CHILDREN'S HUNGER PROJECT$15KLOVE INC OF BREVARD$10KBREVARD COUNTY LEGAL AIDE$8KWAYS FOR LIFE INC$8KBREVARD HUMANE SOCIETY$5KCANDLELIGHTERS OF BREVAR…$5KCHILDRENS HOME SOCIETY O…$5KCLUB ESTEEM YOUTH & FAMI…$5KDAILY BREAD$5KFAMILY PROMISE OF BREVARD$5K

Grant Size Distribution

147 grants across all recorded years

147<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

Board Members and Officers:

  • Helen Carnegie, President
  • Jack Platt, Secretary/Treasurer and Director
  • Joshua Behl, Director
  • David Shapiro, Director
  • Jeffery Locke, Director

Compensation Overview

From 2024 IRS filing

JACK PLATTSEC, TREAS,$4K

From 2024 filing

NameTitleHoursCompensation
JOSHUA BEHLDIRECTOR0.19
JACK PLATTSEC, TREAS,0.67$3,500
DAVID SHAPIRODIRECTOR0.19
JEFFERY LOCKEDIRECTOR0.19
HELEN CARNEGIEPRESIDENT0.19

Related Funders

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

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