Ruthanne Koffman Charitable Foundation

Foundation · Grantmaker Sarasota, FL EIN: 22-2624220

Ruthanne Koffman Charitable Foundation is a private foundation, based in Sarasota, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.3M in total assets. In 2024, it awarded 7 grants totaling $84K. Net investment income was $94K.

Key facts about Ruthanne Koffman Charitable Foundation

EIN: 22-2624220
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $84,000
Grants made (2024): 7
Average grant: $12,000
Median grant: $10,000
Total assets: $1,333,672
Primary geography: New York (79% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Who Ruthanne Koffman Charitable Foundation funds

By grant dollars, the top recipient states for Ruthanne Koffman Charitable Foundation's 7 itemized 2024 grants were New York (79%) and Florida (18%). The most frequent recipient cities were Binghamton, NY (2 grants) and Sarasota, FL (2 grants). 100% of grants with a stated purpose were for general or operating support.

How Ruthanne Koffman Charitable Foundation gives

Giving held roughly steady from 2021 to 2024 (+8%). Method
In 2024 it paid out 50% 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.

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.3M

+0.5% YoY

Annual Giving

$84K

-16.5% YoY

Grant Count

-30.0% YoY

Avg Grant Size

$12K

+19.2% YoY

Under IRS private-foundation payout rules, Ruthanne Koffman Charitable Foundation reported a distributable amount of $174K for 2024 — the minimum it must pay out in qualifying distributions.

About Ruthanne Koffman Charitable Foundation

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

New York $66K (79%)

Florida $15K (18%)

California $3K (4%)

Share of all 7 itemized 2024 grant dollars.

States

Arizona California Florida Illinois Maryland New York Virginia

Cities

BinghamtonSarasotaVestalEndicottRedwood CityKirkwoodBaltoChicagoPhoenixBradentonFairfaxPort CraneSacramento

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,333,672	$1,327,477	$1,619,597
Revenue	$98,050	$21,152	$1,197
Expenses	$91,855	$107,176	$77,663
Qualifying Distributions	$87,622	$102,799	$67,466
Net Investment Income	$93,817	$76,884	$66,751
Distributable Amount	$174,493	$149,070	$148,728

Data update history

When this profile's IRS filing data changed on Grantable

March 2, 2026 IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

Grant Size Distribution

67 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include YWCA Binghamton and Broome County ($30,000), Tri Cities Opera ($25,000), Camp Sertoma ($10,000).

Recipient	Purpose	Amount
YWCA BINGHAMTON AND BROOME COUNTY Binghamton, NY	GENERAL CHARITABLE DONATION	$30,000
TRI CITIES OPERA Binghamton, NY	GENERAL CHARITABLE DONATION	$25,000
CAMP SERTOMA Kirkwood, NY	GENERAL CHARITABLE DONATION	$10,000
WESTCOAST BLACK THEATRE TROUP Sarasota, FL	GENERAL CHARITABLE DONATION	$10,000
JEWISH FEDERATION Sarasota, FL	GENERAL CHARITABLE DONATION	$5,000
MALAWI CHILDREN'S MISSION Redwood City, CA	GENERAL CHARITABLE DONATION	$3,000
BIG BROTHERS BIG SISTERS Endicott, NY	GENERAL CHARITABLE DONATION	$1,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

Name	Title	Hours	Compensation
Ruthanne Koffman	Trustee	1	—
David Koffman	Trustee	1	—
Elizabeth Koffman	Trustee	1	—
Steven Koffman	Trustee	11	—
Jeffrey Koffman	Trustee	1	—

Frequently Asked Questions

How large is Ruthanne Koffman Charitable Foundation?

As of 2024, Ruthanne Koffman Charitable Foundation holds $1.3M in total assets with $98K in annual revenue. It awarded 7 grants totaling $84K in 2024.

Where does Ruthanne Koffman Charitable Foundation operate?

Ruthanne Koffman Charitable Foundation has awarded grants in Arizona, California, Florida, Illinois, Maryland, New York, Virginia.

What size grants does Ruthanne Koffman Charitable Foundation award?

In 2024, Ruthanne Koffman Charitable Foundation awarded 7 grants totaling $84K — an average of about $12K per grant, based on its IRS Form 990 filings.

How much is Ruthanne Koffman Charitable Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Ruthanne Koffman Charitable Foundation reported a distributable amount of $174K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Ruthanne Koffman Charitable Foundation's EIN?

Ruthanne Koffman Charitable Foundation's EIN (Employer Identification Number) is 22-2624220. IRS Form 990 filing data is available on this page for 2020–2024.