The Durden Foundation Inc

PANAMA CITY BEACH, FL EIN: 59-3546150

The Durden Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PANAMA CITY BEACH, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $516 in total assets. In 2024, it awarded 3 grants totaling $700K. Net investment income was $98.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$516

-98.4% YoY

Annual Giving

$700K

+1.0% YoY

Grant Count

-25.0% YoY

Avg Grant Size

$233K

+34.6% YoY

Under IRS private-foundation payout rules, The Durden Foundation Inc reported a distributable amount of $136 for 2024 — the minimum it must pay out in qualifying distributions.

About The Durden Foundation Inc

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

California $1.6M (53%)

Florida $1.2M (39%)

Virginia $150K (5%)

Alabama $63K (2%)

Wisconsin $10K (0%)

Pennsylvania $3K (0%)

Texas $3K (0%)

States

Alabama California Florida Pennsylvania Texas Virginia Wisconsin

Cities

ArlingtonBirminghamBoys RanchBrookfieldChester SpringsDothanFreeportHuntsvilleLake WorthPanama CityPanama City BeachPonte VerdaSan AntonioSanta MonicaTallahassee

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$516	$32,683	$27,874
Revenue	$670,098	$700,205	$650,040
Expenses	$702,265	$695,396	$635,814
Qualifying Distributions	$700,000	$693,334	$633,333
Net Investment Income	$98	$205	$40
Distributable Amount	$136	$1,724	$1,908

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

Grant Size Distribution

47 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Prostate Cancer Foundation ($400,000), James Madison Institute ($250,000), State Policy Network ($50,000).

Recipient	Purpose	Amount
JAMES MADISON INSTITUTE TALLAHASSEE, FL	GOVERNMENT RESEARCH AND EDUCATION	$250,000
PROSTATE CANCER FOUNDATION SANTA MONICA, CA	PROSTATE CANCER RESEARCH	$400,000
STATE POLICY NETWORK ARLINGTON, VA	GOVERNMENT RESEARCH AND EDUCATION - STATE LEVEL THINK TANKS	$50,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
MICHAEL E DURDEN	DIRECTOR	1	—
KAREN L DURDEN	DIRECTOR	5	—
D SCOTT HELMS	DIRECTOR	1	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is The Durden Foundation Inc?

The Durden Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PANAMA CITY BEACH, FL. It holds $516 in total assets as of 2024.

How large is The Durden Foundation Inc?

As of 2024, The Durden Foundation Inc holds $516 in total assets with $670K in annual revenue. It awarded 3 grants totaling $700K in 2024.

Where does The Durden Foundation Inc operate?

The Durden Foundation Inc has awarded grants in Alabama, California, Florida, Pennsylvania, Texas, Virginia, Wisconsin.

What size grants does The Durden Foundation Inc award?

In 2024, The Durden Foundation Inc awarded 3 grants totaling $700K — an average of about $233K per grant, based on its IRS Form 990 filings.

How much is The Durden Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Durden Foundation Inc reported a distributable amount of $136 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.