The Scott Family Foundation Inc

BOCA RATON, FL EIN: 65-0300419

The Scott Family Foundation Inc is a private foundation, based in BOCA RATON, FL. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $3.2M in total assets. In 2024, it awarded 9 grants totaling $3.8M. Net investment income was $1.0M.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$3.2M

+125.5% YoY

Annual Giving

$3.8M

+272.7% YoY

Grant Count

9

+350.0% YoY

Avg Grant Size

$426K

-17.2% YoY

Under IRS private-foundation payout rules, The Scott Family Foundation Inc reported a distributable amount of $115K for 2024 — the minimum it must pay out in qualifying distributions.

About The Scott Family Foundation Inc

Based on IRS filings

The Scott Family Foundation Inc is a private foundation, based in BOCA RATON, FL. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $3.2M in total assets. In 2024, it awarded 9 grants totaling $3.8M. Net investment income was $1.0M.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Cities

Boca RatonCharlestonDurhamFort LauderdaleGainsvilleMiamiOaktonRochester

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$5M$7M$9M2021202220232024
Metric202420232022
Total Assets$3,171,973$1,406,626$527,461
Revenue$5,629,510$2,008,237$3,877,989
Expenses$3,864,163$1,129,072$8,584,672
Qualifying Distributions$3,838,358$1,030,000$8,548,705
Net Investment Income$1,032,248$59,093$2,370,471
Distributable Amount$115,490$77,080$142,103

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$4M$6M$9M2 grants20214 grants20222 grants20239 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 9 recipients in 2024

DUKE UNIVERSITY$2.2MDUKE UNIVERSITY$472KUNIVERSITY OF FLORIDA FO…$352KUNIVERSITY OF FLORIDA FO…$246KUNIVERSITY OF FLORIDA FO…$204KUNIVERSITY OF FLORIDA FO…$199KTHE CYCLONE FUND (PORTER…$100KOUR MILITARY KIDS INC$25KDUKE HEALTH DEVELOPMENT …$12K

Grant Size Distribution

17 grants across all recorded years

3<$50K$50–100K4$100–250K3$250–500K$500K–1M6$1–5M1$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Duke University ($2,228,886), Duke University ($471,968), University of Florida Foundation Inc ($352,498).

RecipientPurposeAmount
DUKE UNIVERSITY DURHAM, NCCHARITABLE DONATION TO A 501(C)(3) ENTITY.$471,968
DUKE UNIVERSITY DURHAM, NCCHARITABLE DONATION TO A 501(C)(3) ENTITY.$2,228,886
THE CYCLONE FUND (PORTER GAUD SCHOOL) CHARLESTON, SCCHARITABLE DONATION TO A 501(C)(3) ENTITY.$100,000
OUR MILITARY KIDS INC OAKTON, VACHARITABLE DONATION TO A 501(C)(3) ENTITY.$25,000
UNIVERSITY OF FLORIDA FOUNDATION INC GAINSVILLE, FLCHARITABLE DONATION TO A 501(C)(3) ENTITY.$198,576
UNIVERSITY OF FLORIDA FOUNDATION INC GAINSVILLE, FLCHARITABLE DONATION TO A 501(C)(3) ENTITY.$245,803
UNIVERSITY OF FLORIDA FOUNDATION INC GAINSVILLE, FLCHARITABLE DONATION TO A 501(C)(3) ENTITY.$352,498
UNIVERSITY OF FLORIDA FOUNDATION INC GAINSVILLE, FLCHARITABLE DONATION TO A 501(C)(3) ENTITY.$203,627
DUKE HEALTH DEVELOPMENT & ALUMNI AFFAIRS DURHAM, NCCHARITABLE DONATION TO A 501(C)(3) ENTITY.$12,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
STEVEN M SCOTT MDPRESIDENT
BERTRAM E WALLSVICE PRESIDENT
REBECCA J SCOTTDIRECTOR

Frequently Asked Questions

How large is The Scott Family Foundation Inc?

As of 2024, The Scott Family Foundation Inc holds $3.2M in total assets with $5.6M in annual revenue. It awarded 9 grants totaling $3.8M in 2024.

Where does The Scott Family Foundation Inc operate?

The Scott Family Foundation Inc has awarded grants in Florida, Minnesota, North Carolina, South Carolina, Virginia.

What size grants does The Scott Family Foundation Inc award?

In 2024, The Scott Family Foundation Inc awarded 9 grants totaling $3.8M — an average of about $426K per grant, based on its IRS Form 990 filings.

How much is The Scott Family Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Scott Family Foundation Inc reported a distributable amount of $115K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Scott Family Foundation Inc's EIN?

The Scott Family Foundation Inc's EIN (Employer Identification Number) is 65-0300419. IRS Form 990 filing data is available on this page for 2021–2024.

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

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