Sullivan Family Foundation Inc

Private foundation · Grantmaker Lutherville, MD EIN: 52-6392050

Sullivan Family Foundation Inc is a private foundation, based in Lutherville, MD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.4M in total assets. In 2024, it awarded 7 grants totaling $148K. Net investment income was $428K.

Key facts about Sullivan Family Foundation Inc

In short: Sullivan Family Foundation Inc gave $148K across 7 grants in 2024 (avg $21K), top state Maryland. Source: 2024 IRS Form 990-PF.

EIN
52-6392050
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$147,500
Grants made (2024)
7
Average grant
$21,071
Median grant
$5,000
Total assets
$1,351,112
Primary geography
Maryland (41% 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

$1.4M

+27.0% YoY

Annual Giving

$148K

+136.0% YoY

Grant Count

7

+75.0% YoY

Avg Grant Size

$21K

+34.9% YoY

Under IRS private-foundation payout rules, Sullivan Family Foundation Inc reported a distributable amount of $61K for 2024 — the minimum it must pay out in qualifying distributions.

How Sullivan Family Foundation Inc gives

  • Giving grew 168% from 2021 to 2024. Method
  • In 2024 it paid out 241% of 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

4states

Share of 2024 grant dollars across all 7 itemized grants.

Cities

BaltimoreAlexandriaBel AirNew YorkPhoenixScottsdaleTimoniumHagerstownStaten Island

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K2 grants2020 1 grant2021 6 grants2022 4 grants2023 7 grants2024

From 2020 to 2024, annual grant giving ranged from $55K (2021) to $148K (2024). In 2024 it made 7 grants totaling $148K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

Catholic Charities: $58KCatholic Charities$58KInnovation Works: $50KInnovation Works$50KArchdiocese of Phoenix: $20KArchdiocese of Phoenix$20KKennedy Krieger Institute Inc: $5KKennedy Krieger Institute Inc$5KThe Highlands School: $5KThe Highlands School$5KTroon Scholarship Foundation: $5KTroon Scholarship Foundation$5KTunnel to Towers Foundation: $5KTunnel to Towers Foundation$5K

The largest 2024 recipient was Catholic Charities ($58K). Together the top 7 received $148K.

Grant Size Distribution

20 grants across all recorded years

16<$50K4$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 16 grants of 20 (80%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Catholic Charities Alexandria, VAFunding for Educational Programs$57,500
Innovation Works Baltimore, MDFunding for Educational Programs$50,000
Archdiocese of Phoenix Phoenix, AZFunding for Educational Programs$20,000
Kennedy Krieger Institute Inc Baltimore, MDFunding for Educational Programs$5,000
The Highlands School Bel Air, MDFunding for Educational Programs$5,000
Troon Scholarship Foundation Scottsdale, AZFunding for Educational Programs$5,000
Tunnel to Towers Foundation Staten Island, NYFunding for Educational Programs$5,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$250K$500K$750K$1M2020 2021 2022 2023 2024
Metric202420232022
Total Assets$1,351,112$1,063,736$895,748
Revenue$791,716$248,376$443,670
Expenses$155,936$79,767$79,753
Qualifying Distributions$147,500$62,500$73,000
Net Investment Income$427,836$239,759$433,521
Distributable Amount$61,212$46,868$25,902

Data update history

When this profile's IRS filing data changed on Grantable

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

Leadership & Key People

Officers and directors from IRS filings

Sullivan Family Foundation Inc is led by Michael D. Sullivan, Trustee & President on every filing since 2020; none of the 3 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Michael D. Sullivan

    Trustee & President

    On filings since 2020

    0.3 hrs/week

    No compensation reported

  • Jean M. Sullivan

    Trustee & V.p.

    On filings since 2020

    No compensation reported

  • Sheelah S. Lopez

    Trustee & Secretary

    On filings since 2020

    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 Sullivan Family Foundation Inc

How much does Sullivan Family Foundation Inc give each year?

Sullivan Family Foundation Inc gave $148K across 7 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $63K across 4 grants.

What is Sullivan Family Foundation Inc's typical grant size?

Sullivan Family Foundation Inc's median grant in 2024 was $5,000, and its average grant was $21,071, across 7 grants on its 2024 IRS Form 990-PF.

Where does Sullivan Family Foundation Inc give grants?

Sullivan Family Foundation Inc's top state is Maryland, with 41% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were Virginia (39%) and Arizona (17%). The most frequent recipient cities were Baltimore, MD (2 grants).

Does Sullivan Family Foundation Inc give general operating support?

Not in 2024: none of the 7 grants with a stated purpose on Sullivan Family Foundation Inc's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Funding for Educational Programs" (7 grants).

Who are Sullivan Family Foundation Inc's largest grantees?

Sullivan Family Foundation Inc's largest 2024 grantees include Catholic Charities ($57,500), Innovation Works ($50,000) and Archdiocese of Phoenix ($20,000), according to its 2024 IRS Form 990-PF. Together they received 86% of its itemized 2024 grant dollars.

How large is Sullivan Family Foundation Inc?

Sullivan Family Foundation Inc reported $1.4M in total assets on its 2024 IRS Form 990-PF. It paid out $148K in qualifying distributions that year, against a required minimum of $61K (roughly 5% of its investment assets).

What is Sullivan Family Foundation Inc's EIN?

Sullivan Family Foundation Inc's EIN (Employer Identification Number) is 52-6392050. 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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