Ruth M Foy Charitable Foundation

Private foundation · Grantmaker Sarasota, FL EIN: 65-0102106
Arts and cultureEducationHuman servicesYouth development

Ruth M Foy Charitable Foundation is a private foundation focused on Arts and culture, based in Sarasota, FL. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $570K in total assets. In 2025, it awarded 5 grants totaling $14K. Net investment income was $56K.

Ruth M Foy Charitable Foundation at a glance

In short: Ruth M Foy Charitable Foundation gave $14K across 5 grants in 2025 (avg $3K), mostly in Florida. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$13,850
+2.6% vs 2024
Grants made (2025)
5
+25.0% vs 2024
Average grant
$2,770
-17.9% vs 2024
Median grant
$1,000
Total assets
$569,945
+4.9% vs 2024
Primary geography
Florida (100% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

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

Who Ruth M Foy Charitable Foundation funds

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2025

Teen Court of Sarasota Inc: $11KTeen Court of Sarasota Inc$11KFlorida State University: $1KFlorida State University$1KUniversity of Florida: $1KUniversity of Florida$1KUniversity of Central Florida: $500University of Central Florida$500University of South Florida: $250University of South Florida$250

The largest 2025 recipient was Teen Court of Sarasota Inc ($11K). Together the top 5 received $14K.

Grant Size Distribution

26 grants across all recorded years

26<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 26 grants of 26 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of 2025 grant dollars across all 5 itemized grants.

Cities

TampaTallahasseeSarasotaOrlandoBradentonFort LauderdalGainesvilleKnoxvilleSt Petersberg

How Ruth M Foy Charitable Foundation gives

  • Giving grew 54% from 2022 to 2025. 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.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$5K$10K$15K$20K6 grants2020 6 grants2021 6 grants2022 5 grants2023 4 grants2024 5 grants2025

From 2020 to 2025, annual grant giving ranged from $9K (2022) to $17K (2023). In 2025 it made 5 grants totaling $14K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Teen Court of Sarasota Inc Sarasota, FLEducational$11,100
Florida State University Tallahassee, FLEducational$1,000
University of Florida Gainesville, FLEducational$1,000
University of Central Florida Orlando, FLEducational$500
University of South Florida Tampa, FLEducational$250
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$569,945$70,421$44,600$13,8505$28,941$55,802$31,052
2024$543,100$84,623$40,580$13,5004$27,104$71,198$29,518
2023$499,057$8,774$45,690$17,2505$30,686$66$27,442
2022$535,973$109,329$36,516$9,0006$22,238$95,677$27,827
2021$463,160$59,896$40,922$13,2506$26,096$45,070$34,368
2020$443,826$-40,980$34,181$10,0006——$28,047

Under IRS private-foundation payout rules, Ruth M Foy Charitable Foundation reported a distributable amount of $31K for 2025 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Ruth M Foy Charitable Foundation is led by Kenneth Cowles, President since 2024 (on filings since 2020); 1 of 3 officers listed in 2025 is compensated.

Officers on the 2025 filing

  • Kenneth Cowles

    President

    Director → President, 2024

    On filings since 2020

    1 hr/week

    No compensation reported

  • Leeann Caragiulo

    Secretary

    On filings since 2020

    5 hrs/week

    $10K (2020) → $10K (2025)

  • Thomas A. Menchinger

    Treasurer

    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.

Compensation Overview

From 2025 IRS filing

Leeann Caragiulo — Secretary: $10KLeeann CaragiuloSecretary$10K

The highest reported compensation on the 2025 filing was $10K, to Leeann Caragiulo (Secretary).

Frequently asked questions about Ruth M Foy Charitable Foundation

How much does Ruth M Foy Charitable Foundation give each year?

Ruth M Foy Charitable Foundation gave $14K across 5 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $14K across 4 grants.

What is Ruth M Foy Charitable Foundation's typical grant size?

Ruth M Foy Charitable Foundation's median grant in 2025 was $1,000, and its average grant was $2,770, across 5 grants on its 2025 IRS Form 990-PF.

Where does Ruth M Foy Charitable Foundation give grants?

Ruth M Foy Charitable Foundation gives mostly in Florida: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there.

Does Ruth M Foy Charitable Foundation give general operating support?

Not in 2025: none of the 5 grants with a stated purpose on Ruth M Foy Charitable Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Educational" (5 grants).

Who are Ruth M Foy Charitable Foundation's largest grantees?

Ruth M Foy Charitable Foundation's largest 2025 grantees include Teen Court of Sarasota Inc ($11,100), Florida State University ($1,000) and University of Florida ($1,000), according to its 2025 IRS Form 990-PF. Together they received 95% of its itemized 2025 grant dollars.

How large is Ruth M Foy Charitable Foundation?

Ruth M Foy Charitable Foundation reported $570K in total assets on its 2025 IRS Form 990-PF. It paid out $29K in qualifying distributions that year, against a required minimum of $31K (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 Ruth M Foy Charitable Foundation?

Ruth M Foy Charitable Foundation is a private foundation focused on Arts and culture, based in Sarasota, FL. It holds $570K in total assets as of 2025.

What is Ruth M Foy Charitable Foundation's EIN?

Ruth M Foy Charitable Foundation's EIN (Employer Identification Number) is 65-0102106. 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.

Data update history

(2)

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2025 (received by the IRS July 23, 2026)
  2. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Ruth M Foy Charitable Foundation'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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