Putnam Family Foundation Inc
Putnam Family Foundation Inc is a private foundation based in Naples, Florida. Its 2024 filing reports grants to charitable organizations supporting areas that include education, medical research, community support, and family and individual services.
Putnam Family Foundation Inc at a glance
In short: Putnam Family Foundation Inc gave $337K across 32 grants in 2024 (avg $11K), top state Illinois. 53% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $337,000
- +30.9% vs 2023
- Grants made (2024)
- 32
- +60.0% vs 2023
- Average grant
- $10,531
- -18.2% vs 2023
- Median grant
- $5,000
- Total assets
- $4,780,576
- -5.3% vs 2023
- New grantees (estimate)
- 53% first-time grantees (17 of 32, 2024)
- Primary geography
- Illinois (34% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Putnam Family Foundation Inc
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 1144 Galleon Drive, Naples, FL 34102-7708
Phone: (239) 441-3333
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Putnam Family Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Tunnel to Towers ($50K). Together the top 10 received $235K.
Grant Size Distribution
82 grants across all recorded years
The most common grant size was under $50K: 78 grants of 82 (95%).
Geographic Focus
Where this funder awards grants
The 2024 grant dollars went to organizations in multiple states. The largest shares went to Illinois (34%), Florida (19%), New York (16%), Idaho (10%), and Tennessee (6%).
Grant Distribution by State
Share of 2024 grant dollars across all 32 itemized grants.
States
Cities
Is Putnam Family Foundation Inc open to new grantees?
53%
first-time grantees, 2024
In 2024, 17 of 32 grantees (53%) were first-time recipients. First grants averaged $6K; repeat grants $15K. How we count
Medians: $5K first-time, $10K repeat.
- 34% of 2024 grantees were also funded in 2023. Method
- Giving grew 42% from 2021 to 2024. Method
- In 2024 it paid out 87% 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 (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $66K (2020) to $337K (2024). In 2024 it made 32 grants totaling $337K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Tunnel to Towers Staten Island, NY | Family and Individual services | $50,000 |
| New Foundation of Hope Chicago, IL | Community, Education, Social Justice | $30,500 |
| University of Miami Coral Gables, FL | Educational support | $30,000 |
| Northwestern Memorial Foundation Chicago, IL | Other medical research | $25,000 |
| St Jude Children's Research Hospital Memphis, TN | Other medical research | $20,000 |
| Shriners Children Chicago, IL | Other medical research | $20,000 |
| Higher Ground Ketchum, ID | Family and Individual services | $19,000 |
| 1916 Foundation Highland Park, IL | Family and Individual services | $15,000 |
| Clear Brook Foundation Scranton, PA | Community support | $15,000 |
| Naples Children & Education Foundation Naples, FL | Child education support | $10,250 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $4,780,576 | $400,501 | $519,235 | $337,000 | 32 | $337,000 | $204,041 | $388,627 |
| 2023 | $5,045,833 | $888,036 | $322,804 | $257,420 | 20 | $257,420 | $820,513 | $311,918 |
| 2022 | $4,481,774 | $401,260 | $105,570 | $72,900 | 10 | $72,900 | $371,890 | $351,820 |
| 2021 | $4,187,437 | $247,748 | $275,433 | $237,500 | 11 | $237,500 | $216,026 | $347,295 |
| 2020 | $4,215,122 | $232,733 | $105,800 | $65,500 | 9 | — | $205,783 | $278,899 |
Under IRS private-foundation payout rules, Putnam Family Foundation Inc reported a distributable amount of $389K for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement is provided. The foundation’s 2024 grants include support for education, medical research, community programs, and family and individual services. Grantee missions illustrate the range of organizations supported: New Foundation of Hope says it provides a safe after-school alternative for youth ages 7–18; St. Jude Children’s Research Hospital says it advances cures and prevention for pediatric catastrophic diseases through research and treatment; and Cristo Rey Network says it provides career-focused, college-preparatory education for students with limited economic resources.
Grantmaking
In filing year 2024, the foundation gave $337,000 through 32 grants. Grants ranged from $250 to $50,000, with a median of $5,000. Its largest reported grants included $50,000 to Tunnel to Towers for family and individual services; $30,500 to New Foundation of Hope for community, education, and social justice; $30,000 to the University of Miami for educational support; $25,000 to Northwestern Memorial Foundation for medical research; and $20,000 each to St. Jude Children’s Research Hospital and Shriners Children for medical research.
Other listed grants included $19,000 to Higher Ground, $15,000 to the 1916 Foundation, $15,000 to Clear Brook Foundation, $10,250 to Naples Children & Education Foundation, and $10,000 each to Cristo Rey Network and NCH Center for Philanthropy.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Gerald D. Putnam as director and president; Sharron A. Putnam as director and vice president; Rachel A. Putnam as director and treasurer; and Alexa B. Putnam as secretary and director.
Putnam Family Foundation Inc is led by Gerald D Putnam, Director & President on every filing since 2020; 2 of 4 officers listed in 2024 are compensated.
Officers on the 2024 filing
Gerald D Putnam
Director & President
On filings since 2020
0.8 hrs/week
No compensation reported
Alexa B Putnam
Secretary & Director
On filings since 2020
5 hrs/week
$7K (2023) → $24K (2024)
Rachel A Putnam
Director & Treasurer
On filings since 2020
5 hrs/week
$7K (2023) → $24K (2024)
Sharron A Putnam
Director & Vice President
On filings since 2020
0.8 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $24K, to Rachel A Putnam (Director). 2 officers or directors reported compensation on that filing.
Frequently asked questions about Putnam Family Foundation Inc
How much does Putnam Family Foundation Inc give each year?
Putnam Family Foundation Inc gave $337K across 32 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $257K across 20 grants.
What is Putnam Family Foundation Inc's typical grant size?
Putnam Family Foundation Inc's median grant in 2024 was $5,000, and its average grant was $10,531, across 32 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Putnam Family Foundation Inc that year got $6K on average.
Where does Putnam Family Foundation Inc give grants?
Putnam Family Foundation Inc's top state is Illinois, with 34% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were Florida (19%) and New York (16%). The most frequent recipient cities were Chicago, IL (4 grants), Naples, FL (2 grants) and Hailey, ID (2 grants).
Does Putnam Family Foundation Inc give general operating support?
Not in 2024: none of the 32 grants with a stated purpose on Putnam Family Foundation Inc's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Family and Individual services" (12 grants), "Other medical research" (6 grants) and "Educational support" (5 grants).
Who are Putnam Family Foundation Inc's largest grantees?
Putnam Family Foundation Inc's largest 2024 grantees include Tunnel to Towers ($50,000), New Foundation of Hope ($30,500) and University of Miami ($30,000), according to its 2024 IRS Form 990-PF. Together they received 33% of its itemized 2024 grant dollars.
How large is Putnam Family Foundation Inc?
Putnam Family Foundation Inc reported $4.8M in total assets on its 2024 IRS Form 990-PF. It paid out $337K in qualifying distributions that year, against a required minimum of $389K (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 does Putnam Family Foundation Inc fund?
No mission statement is provided. The foundation’s 2024 grants include support for education, medical research, community programs, and family and individual services. See mission & focus areas ↑
How do I apply for a grant from Putnam Family Foundation Inc?
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Putnam Family Foundation Inc's EIN?
Putnam Family Foundation Inc's EIN (Employer Identification Number) is 20-4000349. IRS Form 990 filing data is available on this page for 2020–2024.
Does Putnam Family Foundation Inc accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Putnam Family Foundation Inc funds
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Cite this profile
Grantable. (2026). Putnam Family Foundation Inc funder profile. GrantGraph. Retrieved October 25, 2026, from https://grantable.co/funders/putnam-family-foundation-inc-morg_7949cf09c5ad4456a9e6ec49d2950b66
BibTeX
@misc{grantable_204000349_2026,
author = {{Grantable}},
title = {{Putnam Family Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/putnam-family-foundation-inc-morg_7949cf09c5ad4456a9e6ec49d2950b66},
note = {Accessed 2026-10-25. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Putnam Family Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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