Sean P Downes Foundation Inc
Sean P Downes Foundation Inc is a private foundation, based in Fort Lauderdale, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $26K in total assets.
Key facts about Sean P Downes Foundation Inc
- EIN
- 26-2491571
- Latest 990 filing
- Form 990-PF, 2024
- Total assets
- $25,681
Data from IRS Form 990-PF, 2024; updated September 2026.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$26K
-5.4% YoY
Revenue
$4K
Expenses
$6K
+81.5% YoY
Under IRS private-foundation payout rules, Sean P Downes Foundation Inc reported a distributable amount of $1K for 2024 — the minimum it must pay out in qualifying distributions.
How Sean P Downes Foundation Inc gives
- In 2021 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
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
In 2021 it made 1 grant totaling $27K.
Grant Insights
How this funder distributes its grants
Grant Size Distribution
1 grants across all recorded years
The most common grant size was under $50K: 1 grant of 1 (100%).
Giving History
Grant recipients and amounts by year
No grants recorded for 2024.
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $25,681 | $27,158 | $30,188 |
| Revenue | $4,023 | — | — |
| Expenses | $5,500 | $3,030 | — |
| Distributable Amount | $1,430 | $1,418 | $1,487 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
Sean P Downes Foundation Inc's 2024 filing lists 2 officers; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
Dennis Downes
Director
On filings since 2020
2 hrs/week
No compensation reported
Sean P. Downes
Director
On filings since 2020
2 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "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 Sean P Downes Foundation Inc
How large is Sean P Downes Foundation Inc?
Sean P Downes Foundation Inc reported $26K in total assets on its 2024 IRS Form 990-PF. Its revenue that year was $4K.
Where does Sean P Downes Foundation Inc operate?
Sean P Downes Foundation Inc has awarded grants in California.
How much is Sean P Downes Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Sean P Downes Foundation Inc reported a distributable amount of $1K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Sean P Downes Foundation Inc's EIN?
Sean P Downes Foundation Inc's EIN (Employer Identification Number) is 26-2491571. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
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