Savidge Family Foundation Inc

Foundation · Grantmaker Sarasota, FL EIN: 65-1062266

Savidge Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Sarasota, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $464K in total assets. In 2024, it awarded 1 grant totaling $10K. Net investment income was $17K.

Key facts about Savidge Family Foundation Inc

EIN: 65-1062266
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $10,000
Grants made (2024): 1
Average grant: $10,000
Median grant: $10,000
Total assets: $464,441
Primary geography: Florida (100% of itemized 2024 grant dollars)

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

How Savidge Family Foundation Inc gives

Giving fell 88% from 2021 to 2024. 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

$464K

+0.8% YoY

Annual Giving

$10K

-50.0% YoY

Grant Count

-50.0% YoY

Avg Grant Size

$10K

+0.0% YoY

Under IRS private-foundation payout rules, Savidge Family Foundation Inc reported a distributable amount of $26K for 2024 — the minimum it must pay out in qualifying distributions.

About Savidge Family Foundation Inc

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Florida $10K (100%)

Share of all 1 itemized 2024 grant dollars.

States

Florida Kentucky

Cities

SarasotaFrankfortTallahassee

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$464,441	$460,556	$467,637
Revenue	$19,445	$17,117	$19,249
Expenses	$15,560	$24,198	$22,211
Qualifying Distributions	$13,231	$21,860	$20,000
Net Investment Income	$17,116	$14,779	$17,038
Distributable Amount	$26,207	$23,866	$25,375

Data update history

When this profile's IRS filing data changed on Grantable

March 1, 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 1 recipients in 2024

Grant Size Distribution

20 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Out-of-Door Academy ($10,000).

Recipient	Purpose	Amount
OUT-OF-DOOR ACADEMY Sarasota, FL	GENERAL	$10,000

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
Phyllis Savidge	President	5	—
Janice S Bowers	Vice President	5	—
Charles R Savidge III	Treasurer/Director	5	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Savidge Family Foundation Inc?

Savidge Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Sarasota, FL. It holds $464K in total assets as of 2024.

How large is Savidge Family Foundation Inc?

As of 2024, Savidge Family Foundation Inc holds $464K in total assets with $19K in annual revenue. It awarded 1 grant totaling $10K in 2024.

Where does Savidge Family Foundation Inc operate?

Savidge Family Foundation Inc has awarded grants in Florida, Kentucky.

What size grants does Savidge Family Foundation Inc award?

In 2024, Savidge Family Foundation Inc awarded 1 grant totaling $10K — an average of about $10K per grant, based on its IRS Form 990 filings.

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

Private foundations must generally distribute about 5% of their assets annually. For 2024, Savidge Family Foundation Inc reported a distributable amount of $26K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.