Sarasota City Foundation Inc

Private foundation · Grantmaker Sarasota, FL EIN: 88-3894153

Sarasota City Foundation Inc is a private foundation, based in Sarasota, FL. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $5K in total assets. In 2024, it awarded 1 grant totaling $12K.

Key facts about Sarasota City Foundation Inc

In short: Sarasota City Foundation Inc gave $12K across 1 grant in 2024 (avg $12K), mostly in Florida. Source: 2024 IRS Form 990-PF.

EIN
88-3894153
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$12,000
Grants made (2024)
1
Average grant
$12,000
Median grant
$12,000
Total assets
$5,404
Primary geography
Florida (100% of itemized 2024 grant dollars)

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

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$5K

-59.0% YoY

Annual Giving

$12K

-78.2% YoY

Grant Count

1

-50.0% YoY

Avg Grant Size

$12K

-56.4% YoY

Under IRS private-foundation payout rules, Sarasota City Foundation Inc reported a distributable amount of $343 for 2024 — the minimum it must pay out in qualifying distributions.

How Sarasota City Foundation Inc gives

  • In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2024 grant dollars on its one itemized grant.

States

Cities

Sarasota

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K0 grants2022 2 grants2023 1 grant2024

From 2023 to 2024, annual grant giving ranged from $12K (2024) to $55K (2023). In 2024 it made 1 grant totaling $12K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2024

First Tee Sarasotamanatee: $12KFirst Tee Sarasotamanatee$12K

The largest 2024 recipient was First Tee Sarasotamanatee ($12K).

Grant Size Distribution

3 grants across all recorded years

3<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 3 grants of 3 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
First Tee Sarasotamanatee Sarasota, FLYouth development organization introducing the game of golf and its inherent values to young people$12,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
$0$20K$40K$60K$80K2022 2023 2024
Metric202420232022
Total Assets$5,404$13,191$31,681
Revenue$5,138$37,821$35,611
Expenses$12,925$56,311$3,930
Qualifying Distributions$12,462$55,655$3,930
Distributable Amount$343$2,797$354

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2022–2024

Leadership & Key People

Officers and directors from IRS filings

Sarasota City Foundation Inc's 2024 filing lists 3 officers; none of the 3 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Erik Arroyo

    Director

    On filings since 2022

    1 hr/week

    No compensation reported

  • Patrick McArdle

    Director

    On filings since 2022

    1 hr/week

    No compensation reported

  • Sailesh Atluru

    Director

    On filings since 2022

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2022–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Sarasota City Foundation Inc

How much does Sarasota City Foundation Inc give each year?

Sarasota City Foundation Inc gave $12K across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $55K across 2 grants.

How large is Sarasota City Foundation Inc?

Sarasota City Foundation Inc reported $5K in total assets on its 2024 IRS Form 990-PF. It paid out $12K in qualifying distributions that year, against a required minimum of $343 (roughly 5% of its investment assets).

Where does Sarasota City Foundation Inc operate?

Sarasota City Foundation Inc has awarded grants in Florida.

What is Sarasota City Foundation Inc's EIN?

Sarasota City Foundation Inc's EIN (Employer Identification Number) is 88-3894153. IRS Form 990 filing data is available on this page for 2022–2024.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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