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Monroe Welfare Foundation

Foundation · Grantmaker Fernandina Beach, FL EIN: 58-6033825 Website

Monroe Welfare Foundation is a private foundation based in Fernandina Beach, Florida. Its 2025 filing lists grants to charitable organizations in Florida and Georgia, including school boards, health and human-services organizations, and community organizations.

Key facts about Monroe Welfare Foundation

In short: Monroe Welfare Foundation gave $104K across 19 grants in 2026 (avg $5K), mostly in Georgia. 26% of 2026 grantees were new. Source: 2026 IRS Form 990-PF.

EIN
58-6033825
Latest 990 filing
Form 990-PF, 2026
Annual giving (2026)
$104,300
Grants made (2026)
19
Average grant
$5,489
Median grant
$5,000
New grantees (estimate)
26% first-time grantees (5 of 19, 2026)
Total assets
$2,129,640
Primary geography
Georgia (90% of itemized 2026 grant dollars)
How to apply
The foundation does not restrict giving to preselected organizations. Full details ↓

Data from IRS Form 990-PF, 2026; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2026 IRS Form 990-PF · View filing

Total Assets

$2.1M

+52.1% YoY

Annual Giving

$104K

-2.3% YoY

Grant Count

19

-9.5% YoY

Avg Grant Size

$5K

+7.9% YoY

Under IRS private-foundation payout rules, Monroe Welfare Foundation reported a distributable amount of $151K for 2026 — the minimum it must pay out in qualifying distributions.

Is Monroe Welfare Foundation open to new grantees?

26%

first-time grantees, 2026

In 2026, 5 of 19 grantees (26%) were first-time recipients. First grants averaged $4K; repeat grants $6K. How we count

Medians: $5K first-time, $5K repeat.

  • 63% of 2026 grantees were also funded in 2025. Method
  • Giving fell 27% from 2023 to 2026. Method
  • In 2026 it paid out 92% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2021–2026). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

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

Mission & Focus Areas

No mission statement is provided. The 2025 grants show support for organizations including county boards of education, a children’s hospital, YMCAs, hospice care, and a nature park. Okefenokee Swamp Park says its mission is to provide visitor access and interpretive education that inspires conservation advocacy for the Okefenokee Swamp. Hospice Satilla says it provides hospice care to terminally ill patients.

Grantmaking

In filing year 2025, the foundation made 21 grants totaling $106,800. Grants ranged from $500 to $14,000, with a median of $5,000. The largest listed grants were $14,000 each to Brantley County BOE, Pierce County BOE, and Ware County BOE. Other listed grants included $7,250 to Wolfson Children’s Hospital, $7,000 to Childers Family YMCA, and $6,000 each to Cord of Three and Okefenokee Swamp Park.

Review Cycle

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Geographic Focus

Where this funder awards grants

The foundation’s filing restricts awards to North Florida and Southeast Georgia. In 2025, 86% of grant dollars went to recipients in Georgia and 14% to recipients in Florida.

Grant Distribution by State

5states

Share of all 19 itemized 2026 grant dollars.

Cities

WaycrossBlackshearFernandina BeachHobokenJacksonvillePattersonSavannahPoolerAtlantaBrentwoodNew YorkPhoenixRinconRye BrookSpringfieldValdosta

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K17 grants202124 grants202225 grants202320 grants202421 grants202519 grants2026

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2026

Brantley County Boe: $14KBrantley County Boe$14KPierce County Boe: $14KPierce County Boe$14KWare County Boe: $14KWare County Boe$14KBethesda Academy Savannah: $10KBethesda Academy Savannah$10KOkefenokee Swamp Park: $6KOkefenokee Swamp Park$6KCrossroad Christian Academy: $5KCrossroad Christian Academy$5KBaptist Health Foundation: $5KBaptist Health Foundation$5KHospice Satilla: $5KHospice Satilla$5KKingdom Care: $5KKingdom Care$5KMatties Mission: $5KMatties Mission$5K

Grant Size Distribution

109 grants across all recorded years

109<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
BRANTLEY COUNTY BOE Hoboken, GAEXEMPT PURPOSE$14,000
PIERCE COUNTY BOE Blackshear, GAEXEMPT PURPOSE$14,000
WARE COUNTY BOE Waycross, GAEXEMPT PURPOSE$14,000
BETHESDA ACADEMY SAVANNAH Savannah, GAEXEMPT PURPOSE$10,000
OKEFENOKEE SWAMP PARK Waycross, GAEXEMPT PURPOSE$5,500
CROSSROAD CHRISTIAN ACADEMY Blackshear, GAEXEMPT PURPOSE$5,000
BAPTIST HEALTH FOUNDATION Jacksonville, FLEXEMPT PURPOSE$5,000
HOSPICE SATILLA Waycross, GAEXEMPT PURPOSE$5,000
KINGDOM CARE Waycross, GAEXEMPT PURPOSE$5,000
MATTIES MISSION Waycross, GAEXEMPT PURPOSE$5,000

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants
2025 $1,400,108 $78,789 $130,892 $106,800
2024 $1,204,974 $73,351 $114,440 $94,070
2023 $1,142,156 $69,525 $164,447 $142,250
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$250K$500K$750K$1M202120222023202420252026
Metric202620252024
Total Assets$2,129,640$1,400,108$1,204,974
Revenue$860,924$78,789$73,351
Expenses$138,682$130,892$114,440
Qualifying Distributions$138,682$130,892$114,440
Net Investment Income$826,542$302,072$159,371
Distributable Amount$150,949$145,462$137,721

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2026 (received by the IRS July 15, 2026)
  2. IRS filings on file for fiscal years 2021–2025

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists William J Monroe III, Moi M Monroe III, Carolyn Hopkins, Cheryl Monroe, William J Monroe Jr, and Hannah Franklin as trustees.

Monroe Welfare Foundation's 2026 filing lists 6 officers; none of the 6 officers listed in 2026 report compensation.

Officers on the 2026 filing

  • Carolyn Hopkins

    Trustee

    On filings since 2021

    1 hr/week

    No compensation reported

  • Cheryl Monroe

    Trustee

    On filings since 2021

    1 hr/week

    No compensation reported

  • Hannah Franklin

    Trustee

    On filings since 2021

    1 hr/week

    No compensation reported

  • Moi M. Monroe III

    Trustee

    On filings since 2021

    5 hrs/week

    No compensation reported

  • William J. Monroe III

    Trustee

    On filings since 2021

    1 hr/week

    No compensation reported

  • William J. Monroe Jr.

    Trustee

    On filings since 2021

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2021–2026. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Contact

Application contact: Moi Monroe
Mailing address: 2017 Sunrise Drive, Fernandina Beach, FL 32034
Phone: (912) 283-5857
Website: https://themonroefoundation.org

Frequently asked questions about Monroe Welfare Foundation

How much does Monroe Welfare Foundation give each year?

Monroe Welfare Foundation gave $104K across 19 grants in 2026, according to its 2026 IRS Form 990-PF. In 2025 it gave $107K across 21 grants.

What is Monroe Welfare Foundation's typical grant size?

Monroe Welfare Foundation's median grant in 2026 was $5,000, and its average grant was $5,489, across 19 grants on its 2026 IRS Form 990-PF. Organizations receiving their first grant from Monroe Welfare Foundation that year got $4K on average.

Where does Monroe Welfare Foundation give grants?

Monroe Welfare Foundation gives mostly in Georgia: 90% of the grant dollars itemized on its 2026 IRS Form 990-PF went to recipients there. The next largest state was Florida (8%). The most frequent recipient cities were Waycross, GA (10 grants), Blackshear, GA (4 grants) and Jacksonville, FL (2 grants).

Who are Monroe Welfare Foundation's largest grantees?

Monroe Welfare Foundation's largest 2026 grantees include Brantley County Boe ($14,000), Pierce County Boe ($14,000) and Ware County Boe ($14,000), according to its 2026 IRS Form 990-PF. Together they received 40% of its itemized 2026 grant dollars.

How large is Monroe Welfare Foundation?

Monroe Welfare Foundation reported $2.1M in total assets on its 2026 IRS Form 990-PF. It paid out $139K in qualifying distributions that year, against a required minimum of $151K (roughly 5% of its investment assets).

What does Monroe Welfare Foundation fund?

No mission statement is provided. The 2025 grants show support for organizations including county boards of education, a children’s hospital, YMCAs, hospice care, and a nature park. Okefenokee Swamp Park says its mission is to provide visitor access and interpretive education that inspires conservation advocacy for the Okefenokee Swamp. Hospice Satilla says it provides hospice care to terminally ill patients.

How do I apply for a grant from Monroe Welfare Foundation?

The foundation does not restrict giving to preselected organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Monroe Welfare Foundation's EIN?

Monroe Welfare Foundation's EIN (Employer Identification Number) is 58-6033825. IRS Form 990 filing data is available on this page for 2021–2026.

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

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