The Blueyes Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HOBE SOUND, FL. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $2.7M in total assets. In 2025, it awarded 16 grants totaling $104K. Net investment income was $336K.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$2.7M
+9.7% YoY
Annual Giving
$104K
-33.9% YoY
Grant Count
16
+6.7% YoY
Avg Grant Size
$6K
-38.1% YoY
Under IRS private-foundation payout rules, The Blueyes Foundation reported a distributable amount of $157K for 2025 — the minimum it must pay out in qualifying distributions.
About The Blueyes Foundation
Based on IRS filings
The Blueyes Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HOBE SOUND, FL. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $2.7M in total assets. In 2025, it awarded 16 grants totaling $104K. Net investment income was $336K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $2,696,340 | $2,458,299 | $2,496,199 |
| Revenue | $362,861 | $146,556 | $147,630 |
| Expenses | $126,975 | $178,767 | $207,734 |
| Qualifying Distributions | $103,729 | $157,031 | $187,850 |
| Net Investment Income | $335,527 | $115,944 | $111,791 |
| Distributable Amount | $157,233 | $149,597 | $144,857 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
Grant Size Distribution
79 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest include Boys & Girls Club of Martin County ($41,760), Martin County Police Athletic League ($15,500), House of Hope ($12,269).
| Recipient | Purpose | Amount |
|---|---|---|
| AMERICA'S FUND SEMPER FI FUND OCEANSIDE, CA | GENERAL UNRESTRICTED USE | $5,000 |
| BOYS & GIRLS CLUB OF MARTIN COUNTY HOBE SOUND, NJ | GENERAL UNRESTRICTED USE | $41,760 |
| BRINTON ASSOCIATION OF AMERICA WEST CHESTER, PA | GENERAL UNRESTRICTED USE | $500 |
| CAMDEN COUNTY COLLEGE FOUNDATION BLACKWOOD, NJ | GENERAL UNRESTRICTED USE | $1,000 |
| THE PHILADELPHIA SCHOOL PHILADELPHIA, PA | GENERAL UNRESTRICTED USE | $10,000 |
| HOUSE OF HOPE STUART, FL | GENERAL UNRESTRICTED USE | $12,269 |
| PARISH OF MAXIMILIAN KOLBE PEMBROKE PINES, FL | GENERAL UNRESTRICTED USE | $500 |
| LIBRARY FOUNDATION OF MARTIN COUNTY STUART, FL | GENERAL UNRESTRICTED USE | $10,000 |
| MARTIN COUNTY POLICE ATHLETIC LEAGUE PALM CITY, FL | GENERAL UNRESTRICTED USE | $15,500 |
| MUSEUM OF CAPE MAY CAPE MAY COURT HOUSE, NJ | GENERAL UNRESTRICTED USE | $500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DAVID TOWNSEND | TRUSTEE | — | — |
| KAREN TOWNSEND | TRUSTEE | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Blueyes Foundation?
The Blueyes Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HOBE SOUND, FL. It holds $2.7M in total assets as of 2025.
How large is The Blueyes Foundation?
As of 2025, The Blueyes Foundation holds $2.7M in total assets with $363K in annual revenue. It awarded 16 grants totaling $104K in 2025.
Where does The Blueyes Foundation operate?
The Blueyes Foundation has awarded grants in California, Florida, New Jersey, Pennsylvania.
What size grants does The Blueyes Foundation award?
In 2025, The Blueyes Foundation awarded 16 grants totaling $104K — an average of about $6K per grant, based on its IRS Form 990 filings.
How much is The Blueyes Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, The Blueyes Foundation reported a distributable amount of $157K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Blueyes Foundation's EIN?
The Blueyes Foundation's EIN (Employer Identification Number) is 22-3771326. IRS Form 990 filing data is available on this page for 2021–2025.
Explore Open Grants
Browse active grant opportunities in The Blueyes Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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