The Tonkinson Foundation Inc is an independent foundation based in Miami, Florida. The organization is dedicated to making a positive impact on its community through strategic philanthropic efforts across multiple sectors.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.8M
+15.2% YoY
Annual Giving
$410K
+16.0% YoY
Grant Count
46
+9.5% YoY
Avg Grant Size
$9K
+5.9% YoY
Under IRS private-foundation payout rules, Tonkinson Foundation Inc reported a distributable amount of $84K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
Mission: The foundation focuses on making the maximum effort for the community, with a goal to provide the momentum that helps affect positive change.
Primary Funding Areas:
- The Arts
- Disaster Relief
- Medical
- Education
- Community Service
- Environmental
Grantmaking
The foundation supports a diverse range of organizations and initiatives. Notable arts grantees include Actors' Playhouse, Miami Music Project, Guitars Over Guns, Orchestra Miami, Tropic Bound Book Fair, Park City Egyptian Theater, and Artes Miami.
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Geographic Focus
Where this funder awards grants
Miami, Florida and South Florida region.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
- Total Assets: $1,538,039
- Total Giving: $353,315
- IRS Ruling Year: 2017
- EIN: 81-4818437
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,771,499 | $1,538,039 | $1,314,517 |
| Revenue | $646,227 | $579,255 | $584,326 |
| Expenses | $412,824 | $357,270 | $342,130 |
| Qualifying Distributions | $410,123 | $353,690 | $335,479 |
| Net Investment Income | $31,365 | $28,854 | $31,804 |
| Distributable Amount | $84,487 | $56,883 | $52,008 |
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
214 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Florida International University Fnd ($74,750), Coral Gables Community Foundation ($53,500), Diabetes Research Foundation ($52,500).
| Recipient | Purpose | Amount |
|---|---|---|
| Actors Playhouse Productions Inc Coral Gables, FL | Arts & Culture | $1,500 |
| Branches Inc Miami, FL | Helping families break cycle of poverty | $13,500 |
| Chapman Partnership Inc Miami, FL | Meeting individual needs of the homeless | $2,000 |
| Clearwater Free Clinic Inc Clearwater, FL | Health-general & rehabilitative | $5,000 |
| Community Affairs Fund Port St Lucie, FL | Community Development | $1,000 |
| Deering Estate Foundation Miami, FL | Arts, Culture & Environment | $7,363 |
| Diabetes Research Foundation Hollywood, FL | Health & Well-being | $52,500 |
| Coral Gables Community Foundation Coral Gables, FL | Community Development | $53,500 |
| Egyptian Theater Park City Park City, UT | Arts & Culture | $5,000 |
| Fairchild Tropical Botanical Gardens Coral Gables, FL | Nature Conservation | $2,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
Margarita B. Tonkinson serves as Executive Director of the Tonkinson Foundation and is a Senior Financial Advisor at Tonkinson Financial. She has been actively involved in community service, including membership in the Rotary Club of Miami.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Richard Tonkinson | President | 1 | — |
| Margarita Tonkinson | Secretary | 5 | — |
| Steven Tonkinson | Treasurer | 1 | — |
Contact Information
Address: 2398 S Dixie Hwy, Miami, FL 33133-2314
Phone: 305-343-1240
Website: www.tonkinsonfoundation.org
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Tonkinson Foundation Inc fund?
**Mission:** The foundation focuses on making the maximum effort for the community, with a goal to provide the momentum that helps affect positive change. **Primary Funding Areas:** • The Arts • Disaster Relief • Medical • Education • Community Service • Environmental
How do I apply for a grant from Tonkinson Foundation Inc?
**Financial Activity:** • Total assets: $1,538,039 • Total giving: $353,315 The foundation supports a diverse range of organizations and initiatives. Notable arts grantees include Actors' Playhouse, Miami Music Project, Guitars Over Guns, Orchestra Miami, Tropic Bound Book Fair, Park City Egyptian Theater, and Artes Miami. In the education sector, the foundation has made significant contributions to Florida International University and the University of Miami, including scholarships for student…
Where does Tonkinson Foundation Inc make grants?
Miami, Florida and South Florida region.
What size grants does Tonkinson Foundation Inc award?
In 2024, Tonkinson Foundation Inc awarded 46 grants totaling $410K — an average of about $9K per grant, based on its IRS Form 990 filings.
How much is Tonkinson Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Tonkinson Foundation Inc reported a distributable amount of $84K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Tonkinson Foundation Inc's EIN?
Tonkinson Foundation Inc's EIN (Employer Identification Number) is 81-4818437. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Tonkinson Foundation Inc's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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