Royal Foundation Inc

LABELLE, FL EIN: 59-2363496

Royal Foundation Inc is a private foundation, based in LABELLE, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 33 grants totaling $66K. Net investment income was $83K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.1M

+1.6% YoY

Annual Giving

$66K

+9.2% YoY

Grant Count

+6.5% YoY

Avg Grant Size

$2K

+2.6% YoY

Under IRS private-foundation payout rules, Royal Foundation Inc reported a distributable amount of $59K for 2024 — the minimum it must pay out in qualifying distributions.

About Royal Foundation Inc

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Florida $245K (85%)

North Carolina $28K (10%)

Wisconsin $14K (5%)

States

Florida North Carolina Wisconsin

Cities

Belle GladeBoys RanchBryson CityClewistonEnglewoodFort Walton BeachHobe SoundImmokaleeJuno BeachJupiterLabelleLake WorthLoxahatcheeMars HillMoore HavenNorth Palm BeachOkeechobeeShell LakeSt PetersburgWellington

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,085,290	$1,068,133	$1,125,295
Revenue	$94,227	$6,009	$2,218
Expenses	$77,070	$66,729	$58,360
Qualifying Distributions	$65,500	$60,000	$43,743
Net Investment Income	$82,657	$26,663	$17,407
Distributable Amount	$58,768	$52,354	$53,250

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

174 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Raymond James Charitable Fund ($6,000), Salvation Army Hendryglades ($6,000), Redlands Christian Migrant Assoc ($5,500).

Recipient	Purpose	Amount
ADOPT A CAT JUNO BEACH, FL	SHELTERING HOMELESS CATS	$2,000
BOYS AND GIRLS CLUB WEST PALM BEACH, FL	SUMMER CAMP PROGRAM	$2,000
BRYSON CITY FIRE DEPARTMENT BRYSON CITY, NC	SUPPORT OF DEPARTMENT	$750
CALOOSA HUMANE SOCIETY LABELLE, FL	CONTINUED FINANCIAL SUPPORT	$1,000
CLEWISTON CHRISTIAN SCHOOL CLEWISTON, FL	DINNER AND AUCTION	$1,500
CLEWISTON HIGH SCHOOL CLEWISTON, FL	PROJECT GRADUATION	$750
DUNKLIN MEMORIAL CHURCH INC OKEECHOBEE, FL	SCHOLARSHIP PROGRAM	$4,000
FLORIDA SHERIFFS YOUTH RANCHES BOYS RANCH, FL	GENERAL PURPOSE	$750
GLADES DAY SCHOOL BELLE GLADE, FL	SPRING GALA	$5,000
GLADES EDUCATION FOUNDATION MOORE HAVEN, FL	EDUCATION ENHANCEMENT FUND	$2,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
STEVEN B ROYAL	TRUSTEE/VP/T	—	—
ROY E BURCH	TRUSTEE, PRE	—	—
TRACY BASORE	TRUSTEE, SEC	—	—

Frequently Asked Questions

How large is Royal Foundation Inc?

As of 2024, Royal Foundation Inc holds $1.1M in total assets with $94K in annual revenue. It awarded 33 grants totaling $66K in 2024.

Where does Royal Foundation Inc operate?

Royal Foundation Inc has awarded grants in Florida, North Carolina, Wisconsin.

What size grants does Royal Foundation Inc award?

In 2024, Royal Foundation Inc awarded 33 grants totaling $66K — an average of about $2K per grant, based on its IRS Form 990 filings.

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

Private foundations must generally distribute about 5% of their assets annually. For 2024, Royal Foundation Inc reported a distributable amount of $59K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.