SBC Capital Foundation

Foundation · Grantmaker Miami, FL EIN: 85-2901120

SBC Capital Foundation is a private foundation focused on Housing & Shelter, based in Miami, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $717K in total assets. In 2024, it awarded 2 grants totaling $9K. Net investment income was $26K.

Key facts about SBC Capital Foundation

EIN
85-2901120
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$9,201
Grants made (2024)
2
Average grant
$4,601
Median grant
$4,601
Total assets
$717,118
Primary geography
New York (100% of itemized 2024 grant dollars)

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

How SBC Capital Foundation gives

  • In 2024 it paid out 18% 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.

Next steps with SBC Capital Foundation

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$717K

-3.9% YoY

Annual Giving

$9K

-79.3% YoY

Grant Count

2

+100.0% YoY

Avg Grant Size

$5K

-89.6% YoY

Under IRS private-foundation payout rules, SBC Capital Foundation reported a distributable amount of $51K for 2024 — the minimum it must pay out in qualifying distributions.

About SBC Capital Foundation

Based on IRS filings

SBC Capital Foundation is a private foundation focused on Housing & Shelter, based in Miami, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $717K in total assets. In 2024, it awarded 2 grants totaling $9K. Net investment income was $26K.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of all 2 itemized 2024 grant dollars.

States

Cities

BrooklynFlushingNew York

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$101K$203K$304K$406K20202021202220232024
Metric202420232022
Total Assets$717,118$746,544$686,511
Revenue$25,681$84,600$263,144
Expenses$10,736$44,371$18,000
Qualifying Distributions$9,201$44,371$18,000
Net Investment Income$25,681——
Distributable Amount$50,911$35,376$27,169

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$11K$22K$33K$44K0 grants20200 grants20211 grants20221 grants20232 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Various - Schedule Available Upon Request: $7KVarious - Schedule AvailableUpon Request$7KAvigdor's Helping Hand: $2KAvigdor's Helping Hand$2K

Grant Size Distribution

4 grants across all recorded years

4<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Various - Schedule Available Upon Request ($7,027), Avigdor's Helping Hand ($2,174).

RecipientPurposeAmount
VARIOUS - SCHEDULE AVAILABLE UPON REQUEST New York, NYVARIOUS - SCHEDULE AVAILABLE UPON REQUEST$7,027
AVIGDOR'S HELPING HAND Flushing, NYGENERAL SUPPORT$2,174

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

NameTitleHoursCompensation
Steven B ChesnerTrustee1—

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is SBC Capital Foundation?

SBC Capital Foundation is a private foundation focused on Housing & Shelter, based in Miami, FL. It holds $717K in total assets as of 2024.

How large is SBC Capital Foundation?

As of 2024, SBC Capital Foundation holds $717K in total assets with $26K in annual revenue. It awarded 2 grants totaling $9K in 2024.

Where does SBC Capital Foundation operate?

SBC Capital Foundation has awarded grants in New York.

What size grants does SBC Capital Foundation award?

In 2024, SBC Capital Foundation awarded 2 grants totaling $9K — an average of about $5K per grant, based on its IRS Form 990 filings.

How much is SBC Capital Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, SBC Capital Foundation reported a distributable amount of $51K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is SBC Capital Foundation's EIN?

SBC Capital Foundation's EIN (Employer Identification Number) is 85-2901120. IRS Form 990 filing data is available on this page for 2020–2024.

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

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