The Foundation for the First is a private foundation focused on Religion Related, based in SARASOTA, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.4M in total assets. In 2024, it awarded 1 grants totaling $72K. Net investment income was $76K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.4M
+0.3% YoY
Annual Giving
$72K
+9.0% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$72K
+9.0% YoY
Under IRS private-foundation payout rules, The Foundation for the First reported a distributable amount of $69K for 2024 — the minimum it must pay out in qualifying distributions.
About The Foundation for the First
Based on IRS filings
The Foundation for the First is a private foundation focused on Religion Related, based in SARASOTA, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.4M in total assets. In 2024, it awarded 1 grants totaling $72K. Net investment income was $76K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,367,370 | $1,363,929 | $1,375,643 |
| Revenue | $78,196 | $57,949 | $71,669 |
| Expenses | $74,755 | $69,664 | $59,286 |
| Qualifying Distributions | $71,782 | $65,842 | $59,286 |
| Net Investment Income | $75,696 | $53,374 | $3,732 |
| Distributable Amount | $68,598 | $63,850 | $63,790 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include First Presbyterian Church of Sarasota Inc ($71,782).
| Recipient | Purpose | Amount |
|---|---|---|
| FIRST PRESBYTERIAN CHURCH OF SARASOTA INC SARASOTA, FL | TO SUPPORT THE MISSION OF THE CHURCH | $71,782 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ELIZABETH MARSHALL | PRESIDENT | 1 | — |
| RICH PAUL | TREASURER | 2 | — |
| RICHARD D SABA | SECRETARY | 1 | — |
| MICHAEL BROWN | DIRECTOR | 1 | — |
| STEVE LARGO | DIRECTOR | 1 | — |
| RICHARD CLAPP | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Foundation for the First?
The Foundation for the First is a private foundation focused on Religion Related, based in SARASOTA, FL. It holds $1.4M in total assets as of 2024.
How large is The Foundation for the First?
As of 2024, The Foundation for the First holds $1.4M in total assets with $78K in annual revenue. It awarded 1 grants totaling $72K in 2024.
Where does The Foundation for the First operate?
The Foundation for the First has awarded grants in Florida.
What size grants does The Foundation for the First award?
In 2024, The Foundation for the First awarded 1 grants totaling $72K — an average of about $72K per grant, based on its IRS Form 990 filings.
How much is The Foundation for the First required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Foundation for the First reported a distributable amount of $69K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Foundation for the First's EIN?
The Foundation for the First's EIN (Employer Identification Number) is 46-3937481. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Foundation for the First'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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