Second Chance Foundation
Second Chance Foundation is a private foundation established in 1986 and based in Naples, Florida. The organization operates as a 501(c)(3) tax-exempt entity and functions as an independent grantmaking foundation.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$10.7M
+11.1% YoY
Annual Giving
$288K
-36.8% YoY
Grant Count
9
+12.5% YoY
Avg Grant Size
$32K
-43.8% YoY
Under IRS private-foundation payout rules, Second Chance Foundation reported a distributable amount of $507K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's primary program is a Grants to Individuals Program that provides scholarships primarily to residents of Florida.
Grantmaking
Second Chance Foundation is an active grantmaker with recent grant activity across multiple states:
Grant Range
is approximately $241, though recent grants indicate larger awards in the $25,000-$50,000 range.
Average Grant
is approximately $241, though recent grants indicate larger awards in the $25,000-$50,000 range.
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Geographic Focus
Where this funder awards grants
The foundation funds projects primarily in Florida and Wisconsin, with specific activity in Naples, Fort Myers, Milwaukee, and Madison.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of December 2024:
- Total Assets: $10,724,864
- Total Revenue: $670,286
- Total Expenses: $476,652
- Number of Employees: 0
As of December 2023:
- Total Assets: $9,654,657
- Total Revenue: $436,136
- Total Expenses: $624,815
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $10,724,864 | $9,654,657 | $8,734,946 |
| Revenue | $670,286 | $436,136 | $103,993 |
| Expenses | $476,652 | $624,815 | $615,860 |
| Qualifying Distributions | $287,500 | $595,000 | $580,338 |
| Net Investment Income | $449,385 | $389,290 | $187,474 |
| Distributable Amount | $507,134 | $456,175 | $481,141 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2024
Grant Size Distribution
53 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Community Foundation of Hendersonville ($100,000), Milwaukee Youth Symphony Orchestra Inc ($50,000), Journey 21 ($50,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Laces of Love Naples, FL | Shoes for Children where its needed most | $7,500 |
| Community Foundation of Hendersonville Hendersonville, NC | Hurricane Relief | $100,000 |
| Create Wisconsin Madison, WI | Collaborative non profit Where its needed most | $25,000 |
| Lee Health Foundation Ft Myers, FL | Kids Minds Matter where needed most | $15,000 |
| After Breast Cancer Diagnosis Inc Milwaukee, WI | Support for Patient programs | $15,000 |
| Life Navigators Wauwatosa, WI | Support for programming | $15,000 |
| Friends of Oconomowoc Parks Trails Oconomowoc, WI | Support for proamming | $10,000 |
| Milwaukee Youth Symphony Orchestra Inc Milwaukee, WI | Youth travelling violin program | $50,000 |
| Journey 21 Oconomowoc, WI | Cafeteria programming | $50,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
Bruce D. Conley – Trustee, dedicating 20 hours per week with annual compensation of $90,000
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Bruce D Conley | Trustee | 20 | $90,000 |
Contact Information
Address: 5085 Seahorse Ave, Naples, FL 34103-2411
Phone: 239-821-9100
EIN: 59-2708392
Frequently Asked Questions
What does Second Chance Foundation fund?
The foundation's primary program is a Grants to Individuals Program that provides scholarships primarily to residents of Florida.
How do I apply for a grant from Second Chance Foundation?
Second Chance Foundation is an active grantmaker with recent grant activity across multiple states: **Recent Grants (2024):** • Milwaukee Youth Symphony Orchestra: $50,000 (Youth Travelling Violin Program) • Journey 21: $50,000 (Cafeteria Programming) • Create Wisconsin: $25,000 (Collaborative Non Profit Where Its Needed Most) • Additional grants made in 2024 (7 total grants awarded) **Grant Activity:** The foundation made approximately 8 grants in 2024 with total annual grants of approximately…
Where does Second Chance Foundation make grants?
The foundation funds projects primarily in Florida and Wisconsin, with specific activity in Naples, Fort Myers, Milwaukee, and Madison.
What size grants does Second Chance Foundation award?
In 2024, Second Chance Foundation awarded 9 grants totaling $288K — an average of about $32K per grant, based on its IRS Form 990 filings.
How much is Second Chance Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Second Chance Foundation reported a distributable amount of $507K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Second Chance Foundation's EIN?
Second Chance Foundation's EIN (Employer Identification Number) is 59-2708392. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Second Chance Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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