Turquoise Charitable Foundation
Turquoise Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CLEARWATER, FL. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $116.6M in total assets. In 2024, it awarded 1 grants totaling $19.1M. Net investment income was $3.9M.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$116.6M
-14.1% YoY
Annual Giving
$19.1M
-8.8% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$19.1M
-8.8% YoY
Under IRS private-foundation payout rules, Turquoise Charitable Foundation reported a distributable amount of $4.4M for 2024 — the minimum it must pay out in qualifying distributions.
About Turquoise Charitable Foundation
Based on IRS filings
Turquoise Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CLEARWATER, FL. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $116.6M in total assets. In 2024, it awarded 1 grants totaling $19.1M. Net investment income was $3.9M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $116,639,079 | $135,793,134 | $154,851,232 |
| Revenue | $4,575,326 | $7,480,208 | $-5,251,648 |
| Expenses | $19,859,598 | $22,076,075 | $24,613,378 |
| Qualifying Distributions | $19,103,000 | $20,950,000 | $23,836,176 |
| Net Investment Income | $3,855,694 | $3,630,328 | $442,169 |
| Distributable Amount | $4,446,586 | $5,287,743 | $6,839,604 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
4 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include United States Ias Members' Trust ($19,103,000).
| Recipient | Purpose | Amount |
|---|---|---|
| UNITED STATES IAS MEMBERS' TRUST LOS ANGELES, CA | SOCIAL BETTERMENT | $19,103,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| STEVE HAYES | PRESIDENT | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Turquoise Charitable Foundation?
Turquoise Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CLEARWATER, FL. It holds $116.6M in total assets as of 2024.
How large is Turquoise Charitable Foundation?
As of 2024, Turquoise Charitable Foundation holds $116.6M in total assets with $4.6M in annual revenue. It awarded 1 grants totaling $19.1M in 2024.
Where does Turquoise Charitable Foundation operate?
Turquoise Charitable Foundation has awarded grants in California.
What size grants does Turquoise Charitable Foundation award?
In 2024, Turquoise Charitable Foundation awarded 1 grants totaling $19.1M — an average of about $19.1M per grant, based on its IRS Form 990 filings.
How much is Turquoise Charitable Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Turquoise Charitable Foundation reported a distributable amount of $4.4M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Turquoise Charitable Foundation's EIN?
Turquoise Charitable Foundation's EIN (Employer Identification Number) is 87-1174327. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in Turquoise Charitable Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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