Toocap Foundation
Toocap Foundation is a private foundation, based in Boston, MA. IRS filing data is available from 2019 through 2021. In 2021, it awarded 1 grant totaling $6.5M. Net investment income was $655K.
Toocap Foundation at a glance
In short: Toocap Foundation gave $6.5M across 1 grant in 2021 (avg $6.5M), mostly in Florida. Source: 2021 IRS Form 990-PF.
- Annual giving (2021)
- $6,470,599
- +1262.2% vs 2020
- Grants made (2021)
- 1
- +0.0% vs 2020
- Average grant
- $6,470,599
- +1262.2% vs 2020
- Median grant
- $6,470,599
- Primary geography
- Florida (100% of itemized 2021 grant dollars)
- Latest 990 filing
- Form 990-PF, 2021 View filing
Data from IRS Form 990-PF, 2021; updated September 2026.
Who Toocap Foundation funds
How this funder distributes its grants
Top Recipients
Top recipient in 2021
The largest 2021 recipient was Gulf Coast Community Foundation ($6.5M).
Grant Size Distribution
3 grants across all recorded years
The most common grant size was in the $250–500K range: 2 grants of 3 (67%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2021 grant dollars on its one itemized grant.
States
Cities
How Toocap Foundation gives
- In 2021 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2021, annual grant giving ranged from $375K (2019) to $6.5M (2021). In 2021 it made 1 grant totaling $6.5M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Gulf Coast Community Foundation Venice, FL | General Purpose | $6,470,599 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2021 | — | $688,451 | $6,504,108 | $6,470,599 | 1 | $6,470,599 | $654,942 | $277,694 |
| 2020 | $3,561,176 | $487,335 | $506,849 | $475,000 | 1 | — | $455,486 | $260,207 |
| 2019 | $3,580,690 | $394,463 | $407,949 | $375,000 | 1 | — | $361,037 | $253,885 |
Under IRS private-foundation payout rules, Toocap Foundation reported a distributable amount of $278K for 2021 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Toocap Foundation's 2021 filing lists 2 officers; none of the 2 officers listed in 2021 report compensation.
Officers on the 2021 filing
Bayne Stevenson
Trustee
On filings since 2019
No compensation reported
Jean B. Stevenson
Trustee
On filings since 2019
No compensation reported
Data from IRS Form 990 filings, 2019–2021. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Toocap Foundation
How much does Toocap Foundation give each year?
Toocap Foundation gave $6.5M across 1 grant in 2021, according to its 2021 IRS Form 990-PF. In 2020 it gave $475K across 1 grant.
Where does Toocap Foundation operate?
Toocap Foundation has awarded grants in Florida.
How much is Toocap Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2021, Toocap Foundation reported a distributable amount of $278K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Toocap Foundation's EIN?
Toocap Foundation's EIN (Employer Identification Number) is 26-6130139. IRS Form 990 filing data is available on this page for 2019–2021.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2019 (received by the IRS June 19, 2020)
- IRS filings on file for fiscal years 2020–2021
Live grants for the work Toocap Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Toocap Foundation's focus areas in our free grants database
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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Toocap Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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