The Tallent Foundation

Private foundation · Grantmaker Miami, FL EIN: 85-4108602

The Tallent Foundation is a private foundation based in Miami, Florida. It reported 24 grants totaling $210,000 in 2024, supporting organizations including schools, a college, and charitable organizations in several states.

Key facts about The Tallent Foundation

In short: The Tallent Foundation gave $210K across 24 grants in 2024 (avg $9K), mostly in Kentucky. Source: 2024 IRS Form 990-PF.

EIN
85-4108602
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$210,000
Grants made (2024)
24
Average grant
$8,750
Median grant
$5,000
Total assets
$25,153,776
Primary geography
Kentucky (68% of itemized 2024 grant dollars)
Accepts unsolicited proposals
No
How to apply
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Full details ↓

Data from IRS Form 990-PF, 2024; updated September 2026. Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$25.2M

+5.7% YoY

Annual Giving

$210K

-74.6% YoY

Grant Count

24

+9.1% YoY

Avg Grant Size

$9K

-76.7% YoY

Under IRS private-foundation payout rules, The Tallent Foundation reported a distributable amount of $1.2M for 2024 — the minimum it must pay out in qualifying distributions.

How The Tallent Foundation gives

  • 63% of 2024 grantees were also funded in 2023. Method
  • Giving grew 367% from 2021 to 2024. Method
  • In 2024 it paid out 100% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

The foundation’s filing describes planned grants to publicly supported charities for long-term supervised charitable projects. Its 2024 grants included support for educational programs, golf programs, and organizations’ programs.

Among the recipients, Westbriar Elementary School PTA describes its mission as promoting the welfare of children and youth and bringing homes and schools into closer relationship. Alice Lloyd College says its mission is to educate mountain people for leadership and make college accessible to qualified mountain students regardless of financial situation. Highlands Foundation Inc. describes its work as supporting charitable and governmental entities in Eastern Kentucky in health promotion, community health education, and health services. The University of Pikeville describes its role as a higher education institution serving Central Appalachia. The Lexington Cancer Foundation says it works to raise awareness and funds in the fight against cancer and improve healthcare for cancer patients.

Grantmaking

In 2024, the foundation made 24 grants totaling $210,000. Grant amounts ranged from $2,500 to $20,000, with a median grant of $5,000.

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Geographic Focus

Where this funder awards grants

The 2024 grant dollars were distributed among recipients in Kentucky (68%), Virginia (19%), Indiana (10%), and Florida (4%). These reported shares total 101%, reflecting rounding.

Grant Distribution by State

6states

Share of all 24 itemized 2024 grant dollars.

Cities

PrestonsburgPikevilleHazardBetsy LaneCrozetElizabethtownFloyds KnobsFort MyersHi HatMartinPaintsvillePetersburgPippa PassesSalyersvilleStanvilleStuartViennaWaylandBroomallChantilly

Giving Over Time

Total grant dollars and number of grants per year

$0$250K$500K$750K$1M0 grants20204 grants20217 grants202222 grants202324 grants2024

From 2021 to 2024, annual grant giving ranged from $45K (2021) to $827K (2023). In 2024 it made 24 grants totaling $210K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Croget Elementary School: $20KCroget Elementary School$20KThe Kentucky High School Basketball Hall of Fame: $20KThe Kentucky High SchoolBasketball Hall of Fame$20KWestbriar Elementary School PTA: $20KWestbriar Elementary SchoolPTA$20KAlice Lloyd College: $15KAlice Lloyd College$15KFloyd Central High School: $15KFloyd Central High School$15KBetsey Layne High School: $15KBetsey Layne High School$15KPrestonsburg High School: $15KPrestonsburg High School$15KHighlands Foundation Inc: $10KHighlands Foundation Inc$10KPrestonsburg Little League: $10KPrestonsburg Little League$10KThe Lexington Cancer Foundation: $10KThe Lexington CancerFoundation$10K

The largest 2024 recipient was Croget Elementary School ($20K). Together the top 10 received $150K.

Grant Size Distribution

57 grants across all recorded years

51<$50K3$50–100K2$100–250K$250–500K1$500K–1M$1–5M$5M+

The most common grant size was under $50K: 51 grants of 57 (89%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Croget Elementary School Crozet, VATo Support Educational Programs$20,000
The Kentucky High School Basketball Hall of Fame Elizabethtown, KYTo Support the Organization's Programs$20,000
Westbriar Elementary School PTA Vienna, VATo Support Educational Programs$20,000
Alice Lloyd College Pippa Passes, KYTo Support the Men and Women's Golf Programs$15,000
Floyd Central High School Floyds Knobs, INTo Support Educational Programs$15,000
Betsey Layne High School Stanville, KYTo Support Educational Programs$15,000
Prestonsburg High School Prestonsburg, KYTo Support Educational Programs$15,000
Highlands Foundation Inc Prestonsburg, KYTo Support the Organization's Programs$10,000
Prestonsburg Little League Prestonsburg, KYTo Support the Organization's Programs$10,000
The Lexington Cancer Foundation Lexington, KYTo Support the Organization's Programs$10,000

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants Grant count
2024 $25,153,776 $1,620,316 $277,603 $210,000 24
2023 $23,803,060 $675,022 $950,642 $827,000 22
2022 $24,087,567 -$731,172 $469,229 $315,600 7
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$10M$20M$30M20202021202220232024
Metric202420232022
Total Assets$25,153,776$23,803,060$24,087,567
Revenue$1,620,316$675,022$-731,172
Expenses$277,603$950,642$469,229
Qualifying Distributions$1,163,241$935,098$1,170,262
Net Investment Income$1,550,645$406,599$151,115
Distributable Amount$1,163,241$935,098$1,165,262

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists Patrick L. Tallent and Cindy L. Tallent as trustees.

The Tallent Foundation's 2024 filing lists 2 officers; none of the 2 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Cindy L. Tallent

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

  • Patrick L. Tallent

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Contact

Mailing address: 6423 Collins Ave 1102, Miami, FL 33141
Phone: (410) 244-7414

Frequently asked questions about The Tallent Foundation

How much does The Tallent Foundation give each year?

The Tallent Foundation gave $210K across 24 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $827K across 22 grants.

What is The Tallent Foundation's typical grant size?

The Tallent Foundation's median grant in 2024 was $5,000, and its average grant was $8,750, across 24 grants on its 2024 IRS Form 990-PF.

Where does The Tallent Foundation give grants?

The Tallent Foundation gives mostly in Kentucky: 68% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were Virginia (19%) and Indiana (10%). The most frequent recipient cities were Prestonsburg, KY (6 grants), Pikeville, KY (2 grants) and Paintsville, KY (2 grants).

Does The Tallent Foundation give general operating support?

Not in 2024: none of the 24 grants with a stated purpose on The Tallent Foundation's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "To Support Educational Programs" (18 grants) and "To Support the Organization's Programs" (4 grants).

Who are The Tallent Foundation's largest grantees?

The Tallent Foundation's largest 2024 grantees include Croget Elementary School ($20,000), The Kentucky High School Basketball Hall of Fame ($20,000) and Westbriar Elementary School PTA ($20,000), according to its 2024 IRS Form 990-PF. Together they received 29% of its itemized 2024 grant dollars.

How large is The Tallent Foundation?

The Tallent Foundation reported $25.2M in total assets on its 2024 IRS Form 990-PF. It paid out $1.2M in qualifying distributions that year, against a required minimum of $1.2M (roughly 5% of its investment assets).

What does The Tallent Foundation fund?

The foundation’s filing describes planned grants to publicly supported charities for long-term supervised charitable projects. Its 2024 grants included support for educational programs, golf programs, and organizations’ programs. See mission & focus areas ↑

How do I apply for a grant from The Tallent Foundation?

The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is The Tallent Foundation's EIN?

The Tallent Foundation's EIN (Employer Identification Number) is 85-4108602. IRS Form 990 filing data is available on this page for 2020–2024.

Does The Tallent Foundation accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

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