Ruth M Foy Charitable Foundation

SARASOTA, FL EIN: 65-0102106

Arts and culture Education Human services Youth 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 2024. As of 2024, the organization holds $543K in total assets. In 2024, it awarded 4 grants totaling $14K. Net investment income was $71K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$543K

+8.8% YoY

Annual Giving

$14K

-21.7% YoY

Grant Count

-20.0% YoY

Avg Grant Size

$3K

-2.2% YoY

Under IRS private-foundation payout rules, Ruth M Foy Charitable Foundation reported a distributable amount of $30K for 2024 — the minimum it must pay out in qualifying distributions.

About Ruth M Foy Charitable Foundation

Based on IRS filings

Focus Areas

Arts and culture Education Human services Youth development

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Florida $63K (99%)

Tennessee $500 (1%)

States

Florida Tennessee

Cities

BradentonFort LauderdalKnoxvilleOrlandoSarasotaSt PetersbergTallahasseeTampa

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$543,100	$499,057	$535,973
Revenue	$84,623	$8,774	$109,329
Expenses	$40,580	$45,690	$36,516
Qualifying Distributions	$27,104	$30,686	$22,238
Net Investment Income	$71,198	$66	$95,677
Distributable Amount	$29,518	$27,442	$27,827

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

Grant Size Distribution

27 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Teen Court of Sarasota Inc ($10,000), University of South Florida ($1,500), Florida State University ($1,500).

Recipient	Purpose	Amount
UNIVERSITY OF SOUTH FLORIDA TAMPA, FL	EDUCATIONAL	$1,500
TEEN COURT OF SARASOTA INC SARASOTA, FL	EDUCATIONAL	$10,000
FLORIDA STATE UNIVERSITY TALLAHASSEE, FL	EDUCATIONAL	$1,500
STATE COLLEGE OF FLORIDA BRADENTON, FL	EDUCATIONAL	$500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
KENNETH COWLES	PRESIDENT	1	—
THOMAS A MENCHINGER	TREASURER	1	—
LEEANN CARAGIULO	SECRETARY	10	$10,400

Subject Areas

Focus areas based on grantmaking activity

Arts and culture Education Human services Youth development

Frequently Asked Questions

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 $543K in total assets as of 2024.

How large is Ruth M Foy Charitable Foundation?

As of 2024, Ruth M Foy Charitable Foundation holds $543K in total assets with $85K in annual revenue. It awarded 4 grants totaling $14K in 2024.

Where does Ruth M Foy Charitable Foundation operate?

Ruth M Foy Charitable Foundation has awarded grants in Florida, Tennessee.

What size grants does Ruth M Foy Charitable Foundation award?

In 2024, Ruth M Foy Charitable Foundation awarded 4 grants totaling $14K — an average of about $3K per grant, based on its IRS Form 990 filings.

How much is Ruth M Foy Charitable Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Ruth M Foy Charitable Foundation reported a distributable amount of $30K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

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 2020–2024.