Porter Family Foundation

Private foundation · Grantmaker Longboat Key, FL EIN: 46-0499146

Porter Family Foundation is a private foundation, based in Longboat Key, FL. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $2.4M in total assets. In 2025, it awarded 9 grants totaling $114K. Net investment income was $286K.

Key facts about Porter Family Foundation

In short: Porter Family Foundation gave $114K across 9 grants in 2025 (avg $13K), top state Minnesota. Source: 2025 IRS Form 990-PF.

EIN
46-0499146
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$114,000
Grants made (2025)
9
Average grant
$12,667
Median grant
$5,000
Total assets
$2,351,088
Primary geography
Minnesota (44% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$2.4M

+7.9% YoY

Annual Giving

$114K

-22.7% YoY

Grant Count

9

+50.0% YoY

Avg Grant Size

$13K

-48.5% YoY

Under IRS private-foundation payout rules, Porter Family Foundation reported a distributable amount of $123K for 2025 — the minimum it must pay out in qualifying distributions.

How Porter Family Foundation gives

  • Giving held roughly steady from 2022 to 2025 (−1%). Method
  • In 2025 it paid out 93% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

7states

Share of 2025 grant dollars across all 9 itemized grants.

Cities

SarasotaRochesterBurnsvilleCharlotteDavidsonNapaAlexandriaBradentonConcordNew YorkSan Francisco

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K$200K7 grants2020 6 grants2021 3 grants2022 7 grants2023 6 grants2024 9 grants2025

From 2020 to 2025, annual grant giving ranged from $99K (2020) to $185K (2021). In 2025 it made 9 grants totaling $114K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 9 recipients in 2025

Heartworks: $50KHeartworks$50KFriends of Amani US: $40KFriends of Amani US$40KAll Faiths Food Bank: $5KAll Faiths Food Bank$5KPlanned Parenthood: $5KPlanned Parenthood$5KChildren First: $5KChildren First$5KDavidson Green School: $3KDavidson Green School$3KStillpoint Mission: $3KStillpoint Mission$3KNews: $2KNews$2KTrans Lifeline: $2KTrans Lifeline$2K

The largest 2025 recipient was Heartworks ($50K). Together the top 9 received $114K.

Grant Size Distribution

31 grants across all recorded years

22<$50K8$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 22 grants of 31 (71%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Heartworks Rochester, MNAssist Operations$50,000
Friends of Amani US Concord, NHAssist Operations$40,000
All Faiths Food Bank Sarasota, FLAssist Operations$5,000
Planned Parenthood Sarasota, FLAssist Operations$5,000
Children First Sarasota, FLAssist Operations$5,000
Davidson Green School Davidson, NCAssist Operations$2,500
Stillpoint Mission Bradenton, FLAssist Operations$2,500
News Napa, CAAssist Operations$2,000
Trans Lifeline San Francisco, CAAssist Operation$2,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$200K$400K$600K$800K2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$2,351,088$2,179,444$2,281,798
Revenue$293,715$58,646$-58,526
Expenses$123,103$161,001$135,745
Qualifying Distributions$114,000$153,233$128,066
Net Investment Income$285,582$46,642$23,704
Distributable Amount$122,567$115,620$108,967

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS April 14, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 19, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 14, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 15, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 14, 2025)
  6. Added Form 990-PF for fiscal year 2025 (received by the IRS May 12, 2026)
  7. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Porter Family Foundation is led by Townsend H. Porter, President & Treasurer on every filing since 2020; none of the 5 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Townsend H. Porter

    President & Treasurer

    On filings since 2020

    1 hr/week

    No compensation reported

  • Heather Porter Wolfe

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Steven Wolfe

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Timothy H. Porter

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Beverly G. Porter

    Vice President & Secretary

    On filings since 2020

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Porter Family Foundation

How much does Porter Family Foundation give each year?

Porter Family Foundation gave $114K across 9 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $148K across 6 grants.

What is Porter Family Foundation's typical grant size?

Porter Family Foundation's median grant in 2025 was $5,000, and its average grant was $12,667, across 9 grants on its 2025 IRS Form 990-PF.

Where does Porter Family Foundation give grants?

Porter Family Foundation's top state is Minnesota, with 44% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were New Hampshire (35%) and Florida (15%). The most frequent recipient cities were Sarasota, FL (3 grants).

Does Porter Family Foundation give general operating support?

Not in 2025: none of the 9 grants with a stated purpose on Porter Family Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Assist Operations" (8 grants).

Who are Porter Family Foundation's largest grantees?

Porter Family Foundation's largest 2025 grantees include Heartworks ($50,000), Friends of Amani US ($40,000) and All Faiths Food Bank ($5,000), according to its 2025 IRS Form 990-PF. Together they received 83% of its itemized 2025 grant dollars.

How large is Porter Family Foundation?

Porter Family Foundation reported $2.4M in total assets on its 2025 IRS Form 990-PF. It paid out $114K in qualifying distributions that year, against a required minimum of $123K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

What is Porter Family Foundation's EIN?

Porter Family Foundation's EIN (Employer Identification Number) is 46-0499146. IRS Form 990 filing data is available on this page for 2020–2025.

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

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