The Sapone Family Foundation Inc

INLET BEACH, FL EIN: 88-2565470

The Sapone Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in INLET BEACH, FL. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $842K in total assets. In 2024, it awarded 2 grants totaling $35K. Net investment income was $56K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$842K

+63.3% YoY

Annual Giving

$35K

+0.0% YoY

Grant Count

2

+0.0% YoY

Avg Grant Size

$18K

+0.0% YoY

About The Sapone Family Foundation Inc

Based on IRS filings

The Sapone Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in INLET BEACH, FL. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $842K in total assets. In 2024, it awarded 2 grants totaling $35K. Net investment income was $56K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

AtlantaSouthborough

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$99K$198K$297K$396K202220232024
Metric202420232022
Total Assets$841,582$515,433$176,610
Revenue$359,995$355,716$203,279
Expenses$40,237$35,077$25,000
Qualifying Distributions$39,500$35,030$25,000
Net Investment Income$56,217$15,951$3,279
Distributable Amount$27,251$16,286$4,977

Giving Over Time

Total grant dollars and number of grants per year

$0$9K$18K$26K$35K1 grants20222 grants20232 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

CITY OF REFUGE$25KTHE NEW ENGLAND CENTER F…$10K

Grant Size Distribution

5 grants across all recorded years

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

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
PENNY PHILLIPS SAPONEPRESIDENT AND DIRECTOR4
JOHN LANE SAPONEVP, TREASURER AND DIRECTOR4
DOMINIC JOHN SAPONESECRETARY AND DIRECTOR2
ISABELLA FRANCES SAPONEDIRECTOR2
JOSEPH PHILLIPS SAPONEDIRECTOR2

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

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

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