The Fifteen Group Foundation

Private foundation · Grantmaker Wilmington, DE EIN: 20-8761978

The Fifteen Group Foundation is a private foundation, based in Wilmington, DE. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $1.5M in total assets. In 2025, it awarded 1 grant totaling $2K. Net investment income was $43K.

Key facts about The Fifteen Group Foundation

In short: The Fifteen Group Foundation gave $2K across 1 grant in 2025 (avg $2K), mostly in Florida. Source: 2025 IRS Form 990-PF.

EIN
20-8761978
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$2,000
Grants made (2025)
1
Average grant
$2,000
Median grant
$2,000
Total assets
$1,485,004
Primary geography
Florida (100% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$1.5M

+1.8% YoY

Annual Giving

$2K

Grant Count

1

Avg Grant Size

$2K

Under IRS private-foundation payout rules, The Fifteen Group Foundation reported a distributable amount of $82K for 2025 — the minimum it must pay out in qualifying distributions.

How The Fifteen Group Foundation gives

  • Giving fell 100% from 2022 to 2025. Method
  • In 2025 it paid out 18% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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

6states

Share of the 2025 grant dollars on its one itemized grant.

Cities

MiamiEvanstonBoynton BeachDenverLos AngelesN Palm BeachPembroke ParkStamfordVernonWashington

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K5 grants2019 5 grants2020 2 grants2021 4 grants2022 0 grants2023 0 grants2024 1 grant2025

From 2019 to 2025, annual grant giving ranged from $2K (2025) to $420K (2022). In 2025 it made 1 grant totaling $2K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2025

Irie Foundation Inc: $2KIrie Foundation Inc$2K

The largest 2025 recipient was Irie Foundation Inc ($2K).

Grant Size Distribution

7 grants across all recorded years

4<$50K$50–100K2$100–250K1$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 4 grants of 7 (57%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Irie Foundation Inc Miami, FLGeneral & Unrestricted$2,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$200K$400K$600K$800K2019 2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$1,485,004$1,458,047$1,427,819
Revenue$42,630$43,681$38,579
Expenses$15,673$13,453$13,516
Qualifying Distributions$15,073$12,817$12,566
Net Investment Income$42,707$43,681$38,579
Distributable Amount$81,605$74,988$66,098

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2019 (received by the IRS April 17, 2020)
  2. Added Form 990-PF for fiscal year 2025 (received by the IRS April 24, 2026)
  3. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

The Fifteen Group Foundation is led by Ian Sanders, President & Director since 2025 (on filings since 2019); none of the 3 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Ian Sanders

    President & Director

    President & Director → President, Director & Treasurer, 2022

    President, Director & Treasurer → President & Director, 2025

    On filings since 2019

    1 hr/week

    No compensation reported

  • Lisa Sanders

    Director

    On filings since 2019

    1 hr/week

    No compensation reported

  • Mark Sanders

    Director, Vice President & Secretary

    On filings since 2019

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2019–2025. "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 The Fifteen Group Foundation

How much does The Fifteen Group Foundation give each year?

The Fifteen Group Foundation gave $2K across 1 grant in 2025, according to its 2025 IRS Form 990-PF.

How large is The Fifteen Group Foundation?

The Fifteen Group Foundation reported $1.5M in total assets on its 2025 IRS Form 990-PF. It paid out $15K in qualifying distributions that year, against a required minimum of $82K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

Where does The Fifteen Group Foundation operate?

The Fifteen Group Foundation has awarded grants in California, Colorado, Connecticut, District of Columbia, Florida, Illinois.

What is The Fifteen Group Foundation's EIN?

The Fifteen Group Foundation's EIN (Employer Identification Number) is 20-8761978. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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