Patricia Sullivan Foundation Inc

TAMPA, FL EIN: 59-3621790

Patricia Sullivan Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in TAMPA, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $590K in total assets. In 2024, it awarded 4 grants totaling $45K. Net investment income was $59K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$590K

+2.4% YoY

Annual Giving

$45K

+13.9% YoY

Grant Count

-20.0% YoY

Avg Grant Size

$11K

+42.4% YoY

Under IRS private-foundation payout rules, Patricia Sullivan Foundation Inc reported a distributable amount of $44K for 2024 — the minimum it must pay out in qualifying distributions.

About Patricia Sullivan Foundation Inc

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Florida $199K (100%)

States

Florida

Cities

Tampa

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$589,663	$575,809	$607,625
Revenue	$69,324	$16,536	$27,684
Expenses	$56,033	$48,479	$55,085
Qualifying Distributions	$45,780	$40,230	$46,230
Net Investment Income	$59,071	$11,094	$19,589
Distributable Amount	$44,482	$39,924	$40,643

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

28 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Berkeley Preparatory School ($20,000), Metropolitan Ministries ($10,000), National Pediatric Cancer Foundation ($10,000).

Recipient	Purpose	Amount
BERKELEY PREPARATORY SCHOOL TAMPA, FL	TO SUPPORT THE ABOVE & BEYOND CAMPAIGN FOR NEW SPANISH CLASSROOM.	$20,000
METROPOLITAN MINISTRIES TAMPA, FL	TO HELP GIVE STRUGGLING FAMILIES HOPE OF A BETTER TOMORROW.	$10,000
PALMA CEIA PRESBYTERIAN CHURCH TAMPA, FL	GENERAL SUPPORT	$5,000
NATIONAL PEDIATRIC CANCER FOUNDATION TAMPA, FL	GENERAL SUPPORT	$10,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
PATRICIA C SULLIVAN	PRESIDENT	1	—
ALEXANDER L SULLIVAN	DIRECTOR	0.1	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Patricia Sullivan Foundation Inc?

Patricia Sullivan Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in TAMPA, FL. It holds $590K in total assets as of 2024.

How large is Patricia Sullivan Foundation Inc?

As of 2024, Patricia Sullivan Foundation Inc holds $590K in total assets with $69K in annual revenue. It awarded 4 grants totaling $45K in 2024.

Where does Patricia Sullivan Foundation Inc operate?

Patricia Sullivan Foundation Inc has awarded grants in Florida.

What size grants does Patricia Sullivan Foundation Inc award?

In 2024, Patricia Sullivan Foundation Inc awarded 4 grants totaling $45K — an average of about $11K per grant, based on its IRS Form 990 filings.

How much is Patricia Sullivan Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Patricia Sullivan Foundation Inc reported a distributable amount of $44K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Patricia Sullivan Foundation Inc's EIN?

Patricia Sullivan Foundation Inc's EIN (Employer Identification Number) is 59-3621790. IRS Form 990 filing data is available on this page for 2020–2024.