The Frederick a Deluca Foundation Inc
The Frederick A. DeLuca Foundation is a private foundation established in 1997 by the late Frederick DeLuca, co-founder of the global SUBWAY® restaurant chain. Based in Pompano Beach, Florida, the foundation operates as a 501(c)(3) tax-exempt organization dedicated to providing youth and adults with tools to achieve independence and self-sufficiency.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$720.2M
+3.8% YoY
Annual Giving
$45.2M
-7.0% YoY
Grant Count
84
-25.0% YoY
Avg Grant Size
$538K
+24.0% YoY
Under IRS private-foundation payout rules, The Frederick a Deluca Foundation Inc reported a distributable amount of $37.1M for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's vision is "a future where each person has the opportunity to thrive." The organization believes in the power of education as a common thread connecting all of its impact efforts.
The foundation focuses on the following priority areas:
- Youth & Families — Supporting leadership development, mentorship, skills training, and family strengthening and preservation
- Economic Mobility — Removing barriers to economic mobility and providing opportunities for long-term self-sufficiency
- Workforce Development — Expansion of youth force programs and collective employment for adults with intellectual and developmental disabilities
- Health — Supporting health awareness initiatives
- Nurses & Allied Health Workers — Dedicated support for nursing and allied health professions
- Arts — Supporting artistic experiences
- Strategically Responsive — Flexible grantmaking to address emerging community needs
Grantmaking
The foundation made 149 grants in 2024, with total grant distributions of approximately $39 million. Recent notable grants include:
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Geographic Focus
Where this funder awards grants
The foundation's impact has evolved over time. Originally providing educational scholarship opportunities and grants to community-based organizations in Connecticut, the foundation's geographic focus has broadened to support programs throughout South Florida, with particular emphasis on Miami-Dade, Broward, and Palm Beach counties in Florida.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total Assets: $720,235,139
- Total Revenues: $77,312,458
- Total Expenses: $50,939,111
- Number of Employees: 5
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $720,235,139 | $693,972,666 | $714,764,268 |
| Revenue | $77,312,458 | $35,207,246 | $42,638,258 |
| Expenses | $50,939,111 | $56,109,722 | $52,376,802 |
| Qualifying Distributions | $53,198,725 | $51,495,243 | $65,332,931 |
| Net Investment Income | $67,571,029 | $25,608,767 | $31,142,181 |
| Distributable Amount | $37,135,902 | $34,710,256 | $37,440,098 |
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 2024
Grant Size Distribution
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Community Foundation of Broward Inc ($4,120,000), Community Foundation for Palm Beach and Martin Counties Inc ($3,728,800), Broward College Foundation Inc ($3,000,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ABILIS GREENWICH, CT | EXPANDING EMPLOYMENT OPPORTUNITIES FOR INDIVIDUALS WITH DISABILITIES | $63,000 |
| ADRIENNE ARSHT CENTER TRUST INC MIAMI, FL | EXPANDING ACCESS TO THE ARTS THROUGH PERFORMANCES, EDUCATION, APPRENTICESHIPS AND WELLBEING | $725,000 |
| AMERICAN RED CROSS WASHINGTON, DC | SUPPORT FOR COMMUNITIES IMPACTED BY HURRICANE MILTON | $500,000 |
| ARC BROWARD INC SUNRISE, FL | CAPACITY BUILDING SUPPORT | $221,442 |
| ASU FOUNDATION FOR A NEW AMERICAN UNIVERSITY TEMPE, AZ | ACADEMIC RECOVERY FOR LOW-INCOME STUDENTS | $633,334 |
| BASTA NEW YORK, NY | BRINGING TECHNOLOGY BASED CAREER NAVIGATION TOOLS TO FIRST GENEREATION COLLEGE STUDENTS | $200,000 |
| BOYS & GIRLS CLUBS OF AMERICA ATLANTA, GA | PROJECT LEARN PLANNING GRANT | $100,000 |
| BOYS AND GIRLS CLUBS OF PALM BEACH COUNTY INC WEST PALM BEACH, FL | CAREER BOUND | $700,000 |
| BROWARD COLLEGE FOUNDATION INC FORT LAUDERDALE, FL | BROWARD UP (UNLIMITED POTENTIAL) | $3,000,000 |
| BROWARD EDUCATION FOUNDATION INC FORT LAUDERDALE, FL | BROWARD EDUCATION FOUNDATION SCHOLARSHIP COHORT 2023 + BROWARD LCAN TURNAROUND ARTS/BROWARD ARTS BROWARD TEA (TECHNOLOGY EMPOWERED AGRICULTURE) SCHOOL GARDEN: A FOOD FOREST | $231,748 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ELISABETH DELUCA | PRESIDENT, SECRETARY, TREASURER | 5 | — |
| JONATHAN DELUCA | DIRECTOR | 1 | — |
| SUZANNE V GRECO | DIRECTOR | 0.25 | — |
Recent News & Activity
Recent developments and announcements
In February 2026, the Frederick A. DeLuca Foundation awarded an $8.4 million grant to the Community Foundation for Palm Beach and Martin Counties. This transformative three-year investment is designed to effectively double the Community Foundation's competitive grantmaking capacity over the next three years. The partnership reflects a shared commitment to equipping youth and adults with tools needed to achieve independence and long-term self-sufficiency, with grantmaking priorities focused on Youth and Families and Economic Opportunity initiatives.
Frederick A. DeLuca Foundation Awards $8.4 Million Grant to the CommunitySubject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does The Frederick a Deluca Foundation Inc fund?
The foundation's vision is "a future where each person has the opportunity to thrive." The organization believes in the power of education as a common thread connecting all of its impact efforts. The foundation focuses on the following priority areas: • **Youth & Families** — Supporting leadership development, mentorship, skills training, and family strengthening and preservation • **Economic Mobility** — Removing barriers to economic mobility and providing opportunities for long-term self-suff…
How do I apply for a grant from The Frederick a Deluca Foundation Inc?
The foundation made 149 grants in 2024, with total grant distributions of approximately $39 million. Recent notable grants include: • $4,120,000 to Community Foundation of Broward for the DeLuca Center for Nonprofit Excellence and Broward Cares initiatives • $3,728,800 to Community Foundation for Palm Beach and Martin Counties for Community Impact Grants • $3,000,000 to Broward College Foundation for the Broward Up (Unlimited Potential) program The foundation currently operates through a Reques…
Where does The Frederick a Deluca Foundation Inc make grants?
The foundation's impact has evolved over time. Originally providing educational scholarship opportunities and grants to community-based organizations in Connecticut, the foundation's geographic focus has broadened to support programs throughout South Florida, with particular emphasis on Miami-Dade, Broward, and Palm Beach counties in Florida.
What size grants does The Frederick a Deluca Foundation Inc award?
In 2024, The Frederick a Deluca Foundation Inc awarded 84 grants totaling $45.2M — an average of about $538K per grant, based on its IRS Form 990 filings.
How much is The Frederick a Deluca Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Frederick a Deluca Foundation Inc reported a distributable amount of $37.1M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Frederick a Deluca Foundation Inc's EIN?
The Frederick a Deluca Foundation Inc's EIN (Employer Identification Number) is 65-0755554. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Frederick a Deluca Foundation Inc's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.