Rita B Lamere Memorial Foundation

SARASOTA, FL EIN: 30-6209352

Rita B Lamere Memorial 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 $2.9M in total assets. In 2024, it awarded 2 grants totaling $31K. Net investment income was $149K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.9M

+2.5% YoY

Annual Giving

$31K

-81.4% YoY

Grant Count

-75.0% YoY

Avg Grant Size

$15K

-25.8% YoY

Under IRS private-foundation payout rules, Rita B Lamere Memorial Foundation reported a distributable amount of $171K for 2024 — the minimum it must pay out in qualifying distributions.

About Rita B Lamere Memorial Foundation

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 $531K (76%)

Maryland $95K (14%)

Oklahoma $40K (6%)

South Carolina $25K (4%)

North Carolina $3K (0%)

States

Florida Maryland North Carolina Oklahoma South Carolina

Cities

BradentonCashiersColumbiaOklahoma CityOspreyRockvilleSarasotaSunrise

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$2,917,550	$2,847,492	$2,857,041
Revenue	$170,631	$206,551	$97,306
Expenses	$100,573	$216,100	$269,306
Qualifying Distributions	$75,705	$192,490	$244,750
Net Investment Income	$149,292	$182,941	$76,666
Distributable Amount	$170,536	$158,200	$173,828

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Grant Size Distribution

38 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Myositis Foundation ($25,000), Operation Patriot Support ($5,500).

Recipient	Purpose	Amount
MYOSITIS FOUNDATION COLUMBIA, MD	GENERAL FUND	$25,000
OPERATION PATRIOT SUPPORT BRADENTON, FL	GENERAL FUND	$5,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
WAYNE F SEITL	CO-TRUSTEE	2.5	$21,000
JONATHAN T ANDERSON	CO-TRUSTEE	2.5	$21,000

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Rita B Lamere Memorial Foundation?

Rita B Lamere Memorial Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SARASOTA, FL. It holds $2.9M in total assets as of 2024.

How large is Rita B Lamere Memorial Foundation?

As of 2024, Rita B Lamere Memorial Foundation holds $2.9M in total assets with $171K in annual revenue. It awarded 2 grants totaling $31K in 2024.

Where does Rita B Lamere Memorial Foundation operate?

Rita B Lamere Memorial Foundation has awarded grants in Florida, Maryland, North Carolina, Oklahoma, South Carolina.

What size grants does Rita B Lamere Memorial Foundation award?

In 2024, Rita B Lamere Memorial Foundation awarded 2 grants totaling $31K — an average of about $15K per grant, based on its IRS Form 990 filings.

How much is Rita B Lamere Memorial Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Rita B Lamere Memorial Foundation reported a distributable amount of $171K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Rita B Lamere Memorial Foundation's EIN?

Rita B Lamere Memorial Foundation's EIN (Employer Identification Number) is 30-6209352. IRS Form 990 filing data is available on this page for 2020–2024.