Richard B Sneed Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SARASOTA, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $630K in total assets. In 2024, it awarded 19 grants totaling $120K. Net investment income was $64K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$630K
-8.2% YoY
Annual Giving
$120K
+13.2% YoY
Grant Count
19
+0.0% YoY
Avg Grant Size
$6K
+13.2% YoY
Under IRS private-foundation payout rules, Richard B Sneed Foundation reported a distributable amount of $112K for 2024 — the minimum it must pay out in qualifying distributions.
About Richard B Sneed Foundation
Based on IRS filings
Richard B Sneed Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SARASOTA, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $630K in total assets. In 2024, it awarded 19 grants totaling $120K. Net investment income was $64K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $629,788 | $686,281 | $740,082 |
| Revenue | $98,353 | $87,655 | $96,402 |
| Expenses | $154,848 | $140,315 | $135,346 |
| Qualifying Distributions | $120,000 | $106,000 | $100,000 |
| Net Investment Income | $63,505 | $54,210 | $62,582 |
| Distributable Amount | $112,093 | $101,770 | $105,981 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
83 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Church of the Saviour Fndn ($25,000), The Kappa Fndn ($20,000), Sarasota Concert Assn ($15,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Abraham Lincoln Presidential Lib Springfield, IL | American history preservation | $3,000 |
| American Battlefield Trust Washington, DC | American history preservation | $4,000 |
| CHS Alumni Assn Circleville, OH | Art sculpture | $4,000 |
| Church of the Saviour Fndn Cleveland Heights, OH | Building maintenance | $25,000 |
| Coalition for Christian Outreach Pittsburgh, PA | Campus ministries | $2,000 |
| Colonial Williamsburg Fndn Williamsburg, VA | American history preservation | $1,000 |
| Columbus Humane Society Hilliard, OH | Animal rescue | $1,000 |
| Gettysburg Fndn Gettysburg, PA | Civil War education | $4,000 |
| The Kappa Fndn Dublin, OH | Scholarships | $20,000 |
| The Ohio State University Columbus, OH | Cancer research | $14,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Robert B Sneed | President | 0.8 | $2,000 |
| Richard C Sneed | Secretary | 1.8 | — |
| Nancy S Sneed | Treasurer | 1.8 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Richard B Sneed Foundation?
Richard B Sneed Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SARASOTA, FL. It holds $630K in total assets as of 2024.
How large is Richard B Sneed Foundation?
As of 2024, Richard B Sneed Foundation holds $630K in total assets with $98K in annual revenue. It awarded 19 grants totaling $120K in 2024.
Where does Richard B Sneed Foundation operate?
Richard B Sneed Foundation has awarded grants in District of Columbia, Florida, Illinois, Kentucky, Maryland, Michigan, Missouri, North Carolina, Ohio, Pennsylvania, South Carolina, Virginia.
What size grants does Richard B Sneed Foundation award?
In 2024, Richard B Sneed Foundation awarded 19 grants totaling $120K — an average of about $6K per grant, based on its IRS Form 990 filings.
How much is Richard B Sneed Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Richard B Sneed Foundation reported a distributable amount of $112K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Richard B Sneed Foundation's EIN?
Richard B Sneed Foundation's EIN (Employer Identification Number) is 31-1627480. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Richard B Sneed Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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