Pangaea Foundation Inc is a private foundation focused on Public, Societal Benefit, based in BOCA RATON, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $72K in total assets. In 2024, it awarded 5 grants totaling $29K. Net investment income was $2K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$72K
+18.9% YoY
Annual Giving
$29K
+38.6% YoY
Grant Count
5
+150.0% YoY
Avg Grant Size
$6K
-44.6% YoY
Under IRS private-foundation payout rules, Pangaea Foundation Inc reported a distributable amount of $4K for 2024 — the minimum it must pay out in qualifying distributions.
About Pangaea Foundation Inc
Based on IRS filings
Pangaea Foundation Inc is a private foundation focused on Public, Societal Benefit, based in BOCA RATON, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $72K in total assets. In 2024, it awarded 5 grants totaling $29K. Net investment income was $2K.
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 | $71,559 | $60,194 | $78,898 |
| Revenue | $37,627 | $6,523 | $3,790 |
| Expenses | $29,886 | $25,325 | $70,034 |
| Qualifying Distributions | $29,100 | $21,000 | $65,000 |
| Net Investment Income | $1,928 | $2,198 | — |
| Distributable Amount | $3,790 | $3,366 | $6,296 |
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
9 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Morningday Community Solutions ($17,100), The Nature Conservancy ($5,000), Pelican Harbor Seabird Station ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| MORNINGDAY COMMUNITY SOLUTIONS POMPANO BEACH, FL | UNRESTRICTED | $17,100 |
| THE NATURE CONSERVANCY ARLINGTON, VA | UNRESTRICTED | $5,000 |
| DOCTORS WITHOUT BORDERS NEW YORK, NY | UNRESTRICTED | $1,000 |
| PELICAN HARBOR SEABIRD STATION MIAMI, FL | UNRESTRICTED | $5,000 |
| SOUTH FLORIDA WILDLIFE CENTER FORT LAUDERDALE, FL | UNRESTRICTED | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PETER ZUTTY | PRESIDENT | 1 | — |
| ROBERT G FESSLER | VICE PRESIDENT | 1 | — |
| DECLAN TREACY | VICE PRESIDENT/SECRETARY | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Pangaea Foundation Inc?
Pangaea Foundation Inc is a private foundation focused on Public, Societal Benefit, based in BOCA RATON, FL. It holds $72K in total assets as of 2024.
How large is Pangaea Foundation Inc?
As of 2024, Pangaea Foundation Inc holds $72K in total assets with $38K in annual revenue. It awarded 5 grants totaling $29K in 2024.
Where does Pangaea Foundation Inc operate?
Pangaea Foundation Inc has awarded grants in Florida, New York, Virginia.
What size grants does Pangaea Foundation Inc award?
In 2024, Pangaea Foundation Inc awarded 5 grants totaling $29K — an average of about $6K per grant, based on its IRS Form 990 filings.
How much is Pangaea Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Pangaea 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 Pangaea Foundation Inc's EIN?
Pangaea Foundation Inc's EIN (Employer Identification Number) is 46-4180477. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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