Mead Family Foundation Inc

WINTER HAVEN, FL EIN: 59-3139203

Mead Family Foundation Inc is a private foundation, based in WINTER HAVEN, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $453K in total assets. In 2024, it awarded 4 grants totaling $28K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$453K

-8.1% YoY

Annual Giving

$28K

+0.0% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$7K

+0.0% YoY

Under IRS private-foundation payout rules, Mead Family Foundation Inc reported a distributable amount of $27K for 2024 — the minimum it must pay out in qualifying distributions.

About Mead Family Foundation Inc

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Louisiana $79K (50%)

Iowa $39K (25%)

Illinois $39K (25%)

States

Iowa Illinois Louisiana

Cities

BooneChampaignShreveportUrbana

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$453,128	$492,821	$521,437
Revenue	$7,261	$14,296	$8,517
Expenses	$46,954	$42,911	$55,532
Qualifying Distributions	$28,000	$28,000	$30,000
Net Investment Income	—	$292	—
Distributable Amount	$26,739	$26,143	$28,801

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 University of Illinois Foundation ($7,000), Goodwill Industries of Nw Louisiana ($7,000), Providence House Inc ($7,000).

Recipient	Purpose	Amount
UNIVERSITY OF ILLINOIS FOUNDATION CHAMPAIGN, IL	GENERAL CHARITABLE PURPOSES	$7,000
GOODWILL INDUSTRIES OF NW LOUISIANA SHREVEPORT, LA	GENERAL CHARITABLE PURPOSES	$7,000
PROVIDENCE HOUSE INC SHREVEPORT, LA	GENERAL CHARITABLE PURPOSES	$7,000
AMERICAN RED CROSS BOONE, IA	GENERAL CHARITABLE PURPOSES	$7,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
GORDON M MEAD	PRESIDENT	1.25	—
ROBERT N MEAD	VICE-PRESIDENT	0.25	—
CYNTHIA RIGNANESE	SECRETARY	1.5	—
JULIE M MEAD	TREASURER	0.25	—

Frequently Asked Questions

How large is Mead Family Foundation Inc?

As of 2024, Mead Family Foundation Inc holds $453K in total assets with $7K in annual revenue. It awarded 4 grants totaling $28K in 2024.

Where does Mead Family Foundation Inc operate?

Mead Family Foundation Inc has awarded grants in Iowa, Illinois, Louisiana.

What size grants does Mead Family Foundation Inc award?

In 2024, Mead Family Foundation Inc awarded 4 grants totaling $28K — an average of about $7K per grant, based on its IRS Form 990 filings.

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

Private foundations must generally distribute about 5% of their assets annually. For 2024, Mead Family Foundation Inc reported a distributable amount of $27K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.