Metro Squared Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DELAND, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $42K in total assets. In 2024, it awarded 5 grants totaling $15K. Net investment income was $1K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$42K
-10.6% YoY
Annual Giving
$15K
-6.2% YoY
Grant Count
5
-28.6% YoY
Avg Grant Size
$3K
+31.3% YoY
Under IRS private-foundation payout rules, Metro Squared Foundation Inc reported a distributable amount of $4K for 2024 — the minimum it must pay out in qualifying distributions.
About Metro Squared Foundation Inc
Based on IRS filings
Metro Squared Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DELAND, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $42K in total assets. In 2024, it awarded 5 grants totaling $15K. Net investment income was $1K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $41,768 | $46,739 | $56,448 |
| Revenue | $11,673 | $8,962 | $23,492 |
| Expenses | $16,644 | $18,671 | $17,725 |
| Qualifying Distributions | $15,954 | $18,036 | $17,153 |
| Net Investment Income | $1,035 | $2,656 | $185 |
| Distributable Amount | $4,345 | $2,504 | $5,415 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
36 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include St Vincent College ($12,500), Philip George ($840), Sadega Nickzad ($600).
| Recipient | Purpose | Amount |
|---|---|---|
| SADEGA NICKZAD JEANNETTE, PA | CAREGIVER | $600 |
| MADLYN DERITO DERRY, PA | CAREGIVER | $600 |
| KIM WILLIAMS LIGONIER, PA | CAREGIVER | $600 |
| PHILIP GEORGE HERMITAGE, PA | MEDICAL BILLS | $840 |
| ST VINCENT COLLEGE LATROBE, PA | SCHOLARSHIP | $12,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JAMES SAGAN | TREASURER | — | — |
| ROBERT SAGAN | PRESIDENT | — | — |
| NANCY SUMMERS | SECRETARY | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Metro Squared Foundation Inc?
Metro Squared Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DELAND, FL. It holds $42K in total assets as of 2024.
How large is Metro Squared Foundation Inc?
As of 2024, Metro Squared Foundation Inc holds $42K in total assets with $12K in annual revenue. It awarded 5 grants totaling $15K in 2024.
Where does Metro Squared Foundation Inc operate?
Metro Squared Foundation Inc has awarded grants in District of Columbia, Florida, Maine, New York, Ohio, Pennsylvania, South Carolina.
What size grants does Metro Squared Foundation Inc award?
In 2024, Metro Squared Foundation Inc awarded 5 grants totaling $15K — an average of about $3K per grant, based on its IRS Form 990 filings.
How much is Metro Squared Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Metro Squared Foundation Inc reported a distributable amount of $4K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Metro Squared Foundation Inc's EIN?
Metro Squared Foundation Inc's EIN (Employer Identification Number) is 81-3773985. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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