The Margaret Finkel Foundation
The Margaret Finkel Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FORT WALTON BEACH, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.3M in total assets. In 2024, it awarded 12 grants totaling $212K. Net investment income was $136K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4.3M
-0.5% YoY
Annual Giving
$212K
+15.9% YoY
Grant Count
12
-14.3% YoY
Avg Grant Size
$18K
+35.2% YoY
Under IRS private-foundation payout rules, The Margaret Finkel Foundation reported a distributable amount of $246K for 2024 — the minimum it must pay out in qualifying distributions.
About The Margaret Finkel Foundation
Based on IRS filings
The Margaret Finkel Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FORT WALTON BEACH, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.3M in total assets. In 2024, it awarded 12 grants totaling $212K. Net investment income was $136K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $4,332,373 | $4,352,760 | $4,298,539 |
| Revenue | $244,408 | $294,978 | $663,303 |
| Expenses | $264,795 | $242,257 | $303,943 |
| Qualifying Distributions | $211,508 | $182,453 | $215,344 |
| Net Investment Income | $136,042 | $203,090 | $45,743 |
| Distributable Amount | $246,167 | $234,619 | $152,224 |
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
63 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Frankville Vounteer Fire Department ($45,000), All Sports Association ($40,000), Chabad of the Emerald Coast ($30,420).
| Recipient | Purpose | Amount |
|---|---|---|
| WALTON COUNTY FAIR DEFUNIAK SPRINGS, FL | GENERAL OPERATIONS | $6,791 |
| FRANKVILLE VOUNTEER FIRE DEPARTMENT FRANKVILLE, AL | GENERAL OPERATIONS | $45,000 |
| TOYS FOR TOTS TRIANGLE, VA | GENERAL OPERATIONS | $10,000 |
| EMERALD COAST CRIME STOPPERS SHALIMAR, FL | GENERAL OPERATIONS | $5,000 |
| DESTIN HIGH SCHOOL DESTIN, FL | GENERAL OPERATIONS | $10,825 |
| ALL SPORTS ASSOCIATION FT WALTON BEACH, FL | GENERAL OPERATIONS | $40,000 |
| NITRO ELEMNTARY SCHOOL NITRO, WV | GENERAL OPERATIONS | $22,000 |
| CHABAD OF THE EMERALD COAST DESTIN, FL | GENERAL OPERATIONS | $30,420 |
| ELKS FOUNDATION FORT WALTON BEACH, FL | GENERAL OPERATIONS | $24,472 |
| OKALOOSA COUNTY SHERIFF DEPT SHALIMAR, FL | GENERAL OPERATIONS | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| NEILL C FINKEL | PRESIDENT | — | — |
| BONNI L FINKEL | SECRETARY & | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Margaret Finkel Foundation?
The Margaret Finkel Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FORT WALTON BEACH, FL. It holds $4.3M in total assets as of 2024.
How large is The Margaret Finkel Foundation?
As of 2024, The Margaret Finkel Foundation holds $4.3M in total assets with $244K in annual revenue. It awarded 12 grants totaling $212K in 2024.
Where does The Margaret Finkel Foundation operate?
The Margaret Finkel Foundation has awarded grants in Alabama, California, Florida, Georgia, Illinois, Kansas, Michigan, Tennessee, Virginia, West Virginia.
What size grants does The Margaret Finkel Foundation award?
In 2024, The Margaret Finkel Foundation awarded 12 grants totaling $212K — an average of about $18K per grant, based on its IRS Form 990 filings.
How much is The Margaret Finkel Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Margaret Finkel Foundation reported a distributable amount of $246K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Margaret Finkel Foundation's EIN?
The Margaret Finkel Foundation's EIN (Employer Identification Number) is 58-2617575. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Margaret Finkel Foundation'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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