The Loftis Foundation

VERO BEACH, FL EIN: 58-2110528

The Loftis Foundation is a private foundation, based in VERO BEACH, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $8.0M in total assets. In 2024, it awarded 6 grants totaling $430K. Net investment income was $216K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$8.0M

-4.3% YoY

Annual Giving

$430K

+6.8% YoY

Grant Count

6

+200.0% YoY

Avg Grant Size

$72K

-64.4% YoY

Under IRS private-foundation payout rules, The Loftis Foundation reported a distributable amount of $520K for 2024 — the minimum it must pay out in qualifying distributions.

About The Loftis Foundation

Based on IRS filings

The Loftis Foundation is a private foundation, based in VERO BEACH, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $8.0M in total assets. In 2024, it awarded 6 grants totaling $430K. Net investment income was $216K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

8states

Cities

Berkeley SpringsBooneFort MyersKatyLafayetteLincolnRock HillSaint AlbansSaitn AlbansScott DepotTulsaWest Palm Beach

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$539K$1M$2M$2M20202021202220232024
Metric202420232022
Total Assets$7,960,291$8,315,399$8,665,674
Revenue$143,141$146,956$1,959,536
Expenses$493,943$490,821$430,777
Qualifying Distributions$452,726$433,306$413,098
Net Investment Income$216,345$219,203$1,817,275
Distributable Amount$519,505$438,123$396,869

Giving Over Time

Total grant dollars and number of grants per year

$0$111K$222K$333K$444K2 grants20203 grants20213 grants20222 grants20236 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2024

GATEWAY CHRISTIAN CHURCH$258KPALM BEACH ATLANTIC$101KSOUTHERN EVANGICAL$60KDUMONT TRI-COUNTY YMCA INC$5KBAPTIST CREATION CARE IN…$5KSAMARITANS PURSE$1K

Grant Size Distribution

16 grants across all recorded years

5<$50K5$50–100K2$100–250K4$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Gateway Christian Church ($257,976), Palm Beach Atlantic ($100,688), Southern Evangical ($60,388).

RecipientPurposeAmount
GATEWAY CHRISTIAN CHURCH SAITN ALBANS, WVUNRESTRICTED$257,976
PALM BEACH ATLANTIC WEST PALM BEACH, FLUNRESTRICTED$100,688
DUMONT TRI-COUNTY YMCA INC SCOTT DEPOT, WVUNRESTRICTED$5,300
SOUTHERN EVANGICAL ROCK HILL, SCUNRESTRICTED$60,388
SAMARITANS PURSE BOONE, NCUNRESTRICTED$1,000
BAPTIST CREATION CARE INITIATIVE BERKELEY SPRINGS, WVUNRESTRICTED$5,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
ROBERT W LOFTISPRESIDENT
SHARON L LOFTISTRUSTEE

Frequently Asked Questions

How large is The Loftis Foundation?

As of 2024, The Loftis Foundation holds $8.0M in total assets with $143K in annual revenue. It awarded 6 grants totaling $430K in 2024.

Where does The Loftis Foundation operate?

The Loftis Foundation has awarded grants in Florida, Illinois, Indiana, North Carolina, Oklahoma, South Carolina, Texas, West Virginia.

What size grants does The Loftis Foundation award?

In 2024, The Loftis Foundation awarded 6 grants totaling $430K — an average of about $72K per grant, based on its IRS Form 990 filings.

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

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Loftis Foundation reported a distributable amount of $520K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Loftis Foundation's EIN?

The Loftis Foundation's EIN (Employer Identification Number) is 58-2110528. IRS Form 990 filing data is available on this page for 2020–2024.

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

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