The Summit Foundation Inc

NAPLES, FL EIN: 37-2117735

The Summit Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NAPLES, FL. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $14.5M in total assets. In 2024, it awarded 1 grants totaling $1.1M. Net investment income was $3.1M.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$14.5M

+1297.4% YoY

Annual Giving

$1.1M

Grant Count

1

Avg Grant Size

$1.1M

About The Summit Foundation Inc

Based on IRS filings

The Summit Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NAPLES, FL. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $14.5M in total assets. In 2024, it awarded 1 grants totaling $1.1M. Net investment income was $3.1M.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

Cincinnati

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$5M$7M$9M20232024
Metric20242023
Total Assets$14,464,887$1,035,114
Revenue$8,304,251$1,040,077
Expenses$1,143,215
Qualifying Distributions$1,082,307
Net Investment Income$3,141,799
Distributable Amount$321,665$559

Giving Over Time

Total grant dollars and number of grants per year

$0$271K$541K$812K$1M0 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

SEE ATTACHED SCHEDULE 1$1.1M

Grant Size Distribution

1 grants across all recorded years

<$50K$50–100K$100–250K$250–500K$500K–1M1$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
JC SHIFMANPRESIDENT
SJ SHIFMANVICE PRESIDENT
A SHIFMANSEC/TREASURER

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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