Triumph Gulf Coast Inc is a public charity based in Tallahassee, Florida. It oversees the distribution of funds recovered by Florida for economic damages from the 2010 Deepwater Horizon oil spill, supporting economic recovery, diversification, and enhancement in eight disproportionately affected Northwest Florida counties.
Key facts about Triumph Gulf Coast Inc
In short: Triumph Gulf Coast Inc gave $87.3M across 27 grants in 2024 (avg $3.2M), mostly in Florida. 25% of 2024 grantees were new. Source: 2024 IRS Form 990 filing.
- EIN
- 82-1840264
- Latest 990 filing
- Form 990 filing, 2024
- Annual giving (2024)
- $87,254,156
- Grants made (2024)
- 27
- Average grant
- $3,231,635
- Median grant
- $1,206,602
- New grantees (estimate)
- 25% first-time grantees (5 of 20, 2024)
- Total assets
- $617,674,364
- Primary geography
- Florida (100% of itemized 2024 grant dollars)
- How to apply
- Applicants are required to participate in the pre-application process. Full details ↓
Data from IRS Form 990 filing, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). 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 filing · View filing
Total Assets
$617.7M
+4.3% YoY
Annual Giving
$87.3M
+68.1% YoY
Grant Count
27
+58.8% YoY
Avg Grant Size
$3.2M
+5.9% YoY
Is Triumph Gulf Coast Inc open to new grantees?
25%
first-time grantees, 2024
In 2024, 5 of 20 grantees (25%) were first-time recipients. First grants averaged $1.7M; repeat grants $5.2M. How we count
Medians: $1.2M first-time, $2.1M repeat.
Estimate from itemized grant lists in IRS Form 990 filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Mission & Focus Areas
Triumph Gulf Coast’s stated mission is to administer funds for the recovery, diversification, and enhancement of Escambia, Santa Rosa, Okaloosa, Walton, Bay, Gulf, Franklin, and Wakulla counties.
The organization may award funds for ad valorem tax-rate reductions; local-match requirements for eligible projects; public infrastructure; local disaster-response plans, equipment, and trained personnel; K–20 education and career-preparation programs; transferable workforce skills; and tourism promotion. The stated education and workforce priorities include technology skills, industry certifications, career readiness, high-demand degree programs, and preparation for science, technology, engineering, mathematics, and medical careers.
Its 2024 grants included support for a college foundation whose stated mission is to support Northwest Florida State College, enhance the community, and improve students’ lives. Gulf Coast State College describes its mission as providing scholarships and enhancing educational programs and student services. Florida’s Great Northwest says it supports a regional economic-development strategy by driving diversification and providing research, analysis, information, and education about the region’s business and community assets.
Grantmaking
In 2024, Triumph Gulf Coast reported 27 grants totaling $87,254,156. Grant amounts ranged from $87,670 to $32,460,976, with a median of $1,206,602.
How to Apply
for potential projects or programs, followed by an application process. It provides a general application and specialized applications, including for infrastructure and logistics training and Hurricane Michael recovery programs. Awards are for projects or programs that meet the priorities for economic recovery, diversification, and enhancement in the affected counties.
Ready to take the next step with Triumph Gulf Coast Inc?
Geographic Focus
Where this funder awards grants
Triumph Gulf Coast administers funding for eight Northwest Florida counties identified as disproportionately affected by the oil spill: Escambia, Santa Rosa, Okaloosa, Walton, Bay, Gulf, Franklin, and Wakulla. All 2024 grant dollars listed in the filing went to recipients in Florida.
Grant Distribution by State
Share of all 27 itemized 2024 grant dollars.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $5.4M (2020) to $87.3M (2024). In 2024 it made 27 grants totaling $87.3M.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Okaloosa County Board of County Commissioners ($32.8M across 2 grants). Together the top 10 received $81.2M.
Grant Size Distribution
95 grants across all recorded years
The most common grant size was in the $1–5M range: 32 grants of 95 (34%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Okaloosa County Board of County Commissioners Shalimar, FL | Funding will provide for the construction of a bypass around crestview to divert traffic from state road 85 to areas in and around crestview to the west. | $32,460,976 |
| Wakulla County School Board Crawfordville, FL | The grant will provide funding for the war eagle academy. It includes expanding career and technical education in Wakulla county to meet workforce demainds in the Florida panhandle and surrounding areas. | $11,735,612 |
| Northwest Florida State College Niceville, FL | The grant will provide funding to establish the walton works training center of excellence to increase northwest Florida state college's ability to provide industry-recognized credentials and expand programs that address the unmet hiring needs of employers in the region. Additional funding is requested to creat the aviation center of excellence to establish workforce training programs at the crestview technology air park in Okaloosa county. | $8,397,016 |
| Ihmc Center Pensacola, FL | Imhc proposes to establish a center of excellence focused on expanding work into the cutting-edge field of human healthspan, resilience and performance. The grant will assist in operations, purchasing new equipment, and in turn, attract more renowned scientists and researchers. | $5,673,783 |
| Santa Rosa County Board of County Commissioners Milton, FL | Funding will be used to acquire and improve 45 acres of prime industrial property in santa Rosa county. Improvements include extending sewer to the site, mitigating wetland features, and construction of a 380,000 square foot distribution center. | $4,364,000 |
| Pensacola International Airport Pensacola, FL | This grant will provide funding for the city of pensacola for aircraft maintenance, repair, and overhaul of the aviation campus at pensacola international airport. | $4,255,398 |
| Okaloosa Technical College Fort Walton Beach, FL | This grant will provide funding to offer accelerated certifications in constructions and electrical labor for up to 75 students so they will become part of the highly skilled professional workforce to rebuild northwest Florida. | $3,700,000 |
| Fsu Marine Lab Tallahassee, FL | The grant will provide funding for the apalachicola bay system initiative (ABSI) and its efforts to obtain solutions to the ecosystem decline and to develop the strategic and implementation plans needed for moving towards recovery. The ABSI is a multidisciplinary effort designed to gain an understanding of the current distribution and productivity of oyster populations throughout Franklin county, the forces acting on ecosystem health, and the best practices for restoration and recovery that will improve opportunities for wild harvest and aquaculture of oysters and other economically important species. | $2,321,772 |
| Wakulla County Board of County Commissioners Crawfordville, FL | Funding will be used for a new first responder communication system for Wakulla county fire and rescue and Wakulla county sheriff's office. | $2,293,101 |
| Santa Rosa County Board of County Commissioners Milton, FL | Funding is being used to complete infrastructure construction to the santa rosa industrial park east, specifically to allow three manufacturing companies to expand into the site. | $1,547,666 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Assets | Revenue | Expenses | Grants |
|---|---|---|---|---|
| 2024 | $617,674,364 | $113,038,235 | $88,313,540 | $87,254,156 across 27 grants |
| 2023 | $592,362,789 | $96,800,588 | $52,834,774 | $51,894,713 across 17 grants |
| 2022 | $544,199,482 | $85,000,000 | $35,783,003 | $34,917,893 across 19 grants |
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $617,674,364 | $592,362,789 | $544,199,482 |
| Revenue | $113,038,235 | $96,800,588 | $85,000,000 |
| Expenses | $88,313,540 | $52,834,774 | $35,783,003 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $33,038,235 | $16,800,588 | — |
| Distributable Amount | — | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Leadership team and compensation from IRS filings
Officers and directors listed on the 2024 filing are David M. Bear, chair; J. Collier Merrill, vice chair; Reynolds Henderson, treasurer; Bryan A. Corr Sr., David L. Humphreys, Jay Trumbull Sr., and Leslie Weiss, board members; and Susan Skelton, executive director. The organization’s filing states that Reynolds Henderson served as treasurer during the 2024 tax year and that Leslie Weiss had been appointed treasurer as of the filing date.
Triumph Gulf Coast Inc is led by Susan Skelton, Executive Director on every filing since 2020; 1 of 8 officers listed in 2024 is compensated.
Officers on the 2024 filing
Susan Skelton
Executive Director
On filings since 2020
40 hrs/week
$98K (2020) → $120K (2024)
David M. Bear
Chair
Board Member → Chair, 2022
On filings since 2021
5 hrs/week
No compensation reported
J. Collier Merrill
Vice Chair
Board Member → Vice Chair, 2022
On filings since 2021
5 hrs/week
No compensation reported
Reynolds Henderson
Treasurer
On filings since 2021
5 hrs/week
No compensation reported
Bryan A. Corr Sr.
Board Member
On filings since 2022
5 hrs/week
No compensation reported
David L. Humphreys
Board Member
On filings since 2022
5 hrs/week
No compensation reported
Jay Trumbull Sr.
Board Member
On filings since 2022
5 hrs/week
No compensation reported
Leslie Weiss
Board Member
On filings since 2022
5 hrs/week
No compensation reported
Former officers (7)
- Former: Allen Bense (2020–2021) — Board Member
- Former: Benjamin Lee (2020–2021) — Board Member
- Former: Don Gaetz (2020–2021) — Chair
- Former: Lewis Bear Jr. (2020–2021) — Board Member
- Former: Matt Terry (2020–2021) — Board Member
- Former: Pam Dana PhD (2020–2021) — Board Member
- Former: Stephen Riggs IV (2020–2021) — Board Member
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.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $120K, to Susan Skelton (Executive Director).
Contact
Mailing address: PO Box 12007, Tallahassee, FL 32317
Phone: (850) 387-9405
Website: https://myfloridatriumph.com
Frequently asked questions about Triumph Gulf Coast Inc
How much does Triumph Gulf Coast Inc give each year?
Triumph Gulf Coast Inc gave $87.3M across 27 grants in 2024, according to its 2024 IRS Form 990 filing. In 2023 it gave $51.9M across 17 grants.
What is Triumph Gulf Coast Inc's typical grant size?
Triumph Gulf Coast Inc's median grant in 2024 was $1,206,602, and its average grant was $3,231,635, across 27 grants on its 2024 IRS Form 990 filing. Organizations receiving their first grant from Triumph Gulf Coast Inc that year got $1.7M on average.
Where does Triumph Gulf Coast Inc give grants?
Triumph Gulf Coast Inc gives mostly in Florida: 100% of the grant dollars itemized on its 2024 IRS Form 990 filing went to recipients there. The most frequent recipient cities were Panama City, FL (5 grants), Pensacola, FL (4 grants), Crawfordville, FL (3 grants) and Niceville, FL (3 grants).
Does Triumph Gulf Coast Inc give general operating support?
Not in 2024: none of the 27 grants with a stated purpose on Triumph Gulf Coast Inc's 2024 IRS Form 990 filing were described as general or operating support.
Who are Triumph Gulf Coast Inc's largest grantees?
Triumph Gulf Coast Inc's largest 2024 grantees include Okaloosa County Board of County Commissioners ($32,825,263 across 2 grants), Wakulla County School Board ($13,247,319 across 3 grants) and Northwest Florida State College ($8,397,016), according to its 2024 IRS Form 990 filing. Together they received 62% of its itemized 2024 grant dollars.
How large is Triumph Gulf Coast Inc?
Triumph Gulf Coast Inc reported $617.7M in total assets on its 2024 IRS Form 990 filing. Its revenue that year was $113.0M.
What does Triumph Gulf Coast Inc fund?
Triumph Gulf Coast’s stated mission is to administer funds for the recovery, diversification, and enhancement of Escambia, Santa Rosa, Okaloosa, Walton, Bay, Gulf, Franklin, and Wakulla counties. See mission & focus areas ↑
How do I apply for a grant from Triumph Gulf Coast Inc?
Applicants are required to participate in the pre-application process. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Triumph Gulf Coast Inc's EIN?
Triumph Gulf Coast Inc's EIN (Employer Identification Number) is 82-1840264. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings. Research dossier generated September 2026.
Here's the math on researching Triumph Gulf Coast Inc by hand.
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