Vestcor Family Foundation Inc
Vestcor Family Foundation Inc is a private foundation based in Jacksonville, Florida. Its 2024 filing reports 14 grants totaling $550,597, including grants to educational institutions, a museum, health and community organizations, and other charitable organizations.
Key facts about Vestcor Family Foundation Inc
In short: Vestcor Family Foundation Inc gave $551K across 14 grants in 2024 (avg $39K), mostly in Florida. 21% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- EIN
- 65-1197315
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $550,597
- Grants made (2024)
- 14
- Average grant
- $39,328
- Median grant
- $7,500
- New grantees (estimate)
- 21% first-time grantees (3 of 14, 2024)
- Total assets
- $8,387,531
- Primary geography
- Florida (98% of itemized 2024 grant dollars)
- Accepts unsolicited proposals
- No
- How to apply
- The foundation does not accept unsolicited requests for funds; it makes contributions only to preselected charitable organizations. Full details ↓
Data from IRS Form 990-PF, 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-PF · View filing
Total Assets
$8.4M
-9.4% YoY
Annual Giving
$551K
+146.5% YoY
Grant Count
14
-36.4% YoY
Avg Grant Size
$39K
+287.4% YoY
Under IRS private-foundation payout rules, Vestcor Family Foundation Inc reported a distributable amount of $101K for 2024 — the minimum it must pay out in qualifying distributions.
Is Vestcor Family Foundation Inc open to new grantees?
21%
first-time grantees, 2024
In 2024, 3 of 14 grantees (21%) were first-time recipients. First grants averaged $75K; repeat grants $30K. How we count
Medians: $3K first-time, $10K repeat.
- 57% of 2024 grantees were also funded in 2023. Method
- Giving grew 234% from 2021 to 2024. Method
- In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF 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
No mission statement for the foundation is provided. Its 2024 grants included substantial support for Jacksonville Classical Academy East and Jacksonville Classical Academy. Those grantees describe their missions as providing education in the liberal arts and sciences, with instruction in moral character and civic virtue. Flagler College describes its mission as providing an exceptional education and preparing students to be responsible citizens and visionary leaders.
Other 2024 recipients included organizations whose stated missions include supporting people with FOXG1 syndrome and other rare diseases (Believe in a Cure), providing a classical liberal arts education (True North Classical Academy), and inspiring young people to succeed in a global economy (Junior Achievement of North Florida).
Grantmaking
In 2024, the foundation made 14 grants totaling $550,597. Grant amounts ranged from $2,000 to $220,314, with a median grant of $7,500. The largest grants were $220,314 to Jacksonville Classical Academy East, $190,100 to Jacksonville Classical Academy, $57,183 to Flagler College, and $25,000 to the Museum of Science and History. Each was listed for the general fund.
Ready to take the next step with Vestcor Family Foundation Inc?
Geographic Focus
Where this funder awards grants
In 2024, 98% of grant dollars went to recipients in Florida and 2% to recipients in New York.
Grant Distribution by State
Share of 2024 grant dollars across all 14 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $159K (2020) to $551K (2024). In 2024 it made 14 grants totaling $551K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Jacksonville Classical Academy East ($220K). Together the top 10 received $538K.
Grant Size Distribution
96 grants across all recorded years
The most common grant size was under $50K: 92 grants of 96 (96%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Jacksonville Classical Academy East Jacksonville, FL | General Fund | $220,314 |
| Jacksonville Classical Academy Jacksonville, FL | General Fund | $190,100 |
| Flagler College St Augustine, FL | General Fund | $57,183 |
| Museum of Science and History Jacksonville, FL | General Fund | $25,000 |
| Believe in a Cure Inc Port Washington, NY | General Fund | $10,000 |
| Foundation for Excellence in Education Tallahassee, FL | General Fund | $10,000 |
| Tiger Academy Jacksonville, FL | General Fund | $10,000 |
| James Madison Institute Tallahassee, FL | General Fund | $5,000 |
| NAMI Jacksonville Jacksonville, FL | General Fund | $5,000 |
| True North Classical Academy Miami, FL | General Fund | $5,000 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Assets | Revenue | Expenses | Grants |
|---|---|---|---|---|
| 2024 | $8,387,531 | $372,561 | $1,104,338 | $550,597 |
| 2023 | $9,254,412 | $144,863 | $616,700 | $223,350 |
| 2022 | $9,643,057 | $78,460 | $1,304,131 | $508,950 |
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $8,387,531 | $9,254,412 | $9,643,057 |
| Revenue | $372,561 | $144,863 | $78,460 |
| Expenses | $1,104,338 | $616,700 | $1,304,131 |
| Qualifying Distributions | $1,098,165 | $611,892 | $1,300,035 |
| Net Investment Income | $324,316 | $98,913 | $29,210 |
| Distributable Amount | $100,856 | $148,186 | $210,677 |
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
The 2024 filing lists Jennifer R. Hoover as director and president, Jason O. Floyd as vice president, and Holly R. Hepler and John D. Rood as directors.
Vestcor Family Foundation Inc is led by Jennifer R. Hoover, Director & President on every filing since 2020; none of the 4 officers listed in 2024 report compensation.
Officers on the 2024 filing
Jennifer R. Hoover
Director & President
On filings since 2020
No compensation reported
Holly R. Hepler
Director
On filings since 2020
No compensation reported
John D. Rood
Director
On filings since 2020
No compensation reported
Jason O. Floyd
Vice President
On filings since 2020
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: 1649 Atlantic Blvd, Jacksonville, FL 32207
Phone: (904) 260-3030
Frequently asked questions about Vestcor Family Foundation Inc
How much does Vestcor Family Foundation Inc give each year?
Vestcor Family Foundation Inc gave $551K across 14 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $223K across 22 grants.
What is Vestcor Family Foundation Inc's typical grant size?
Vestcor Family Foundation Inc's median grant in 2024 was $7,500, and its average grant was $39,328, across 14 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Vestcor Family Foundation Inc that year got $75K on average.
Where does Vestcor Family Foundation Inc give grants?
Vestcor Family Foundation Inc gives mostly in Florida: 98% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Jacksonville, FL (7 grants), Tallahassee, FL (2 grants) and Miami, FL (2 grants).
Does Vestcor Family Foundation Inc give general operating support?
Yes: 86% of Vestcor Family Foundation Inc's 2024 grants with a stated purpose (12 of 14) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are Vestcor Family Foundation Inc's largest grantees?
Vestcor Family Foundation Inc's largest 2024 grantees include Jacksonville Classical Academy East ($220,314), Jacksonville Classical Academy ($190,100) and Flagler College ($57,183), according to its 2024 IRS Form 990-PF. Together they received 85% of its itemized 2024 grant dollars.
How large is Vestcor Family Foundation Inc?
Vestcor Family Foundation Inc reported $8.4M in total assets on its 2024 IRS Form 990-PF. It paid out $1.1M in qualifying distributions that year, against a required minimum of $101K (roughly 5% of its investment assets).
What does Vestcor Family Foundation Inc fund?
No mission statement for the foundation is provided. Its 2024 grants included substantial support for Jacksonville Classical Academy East and Jacksonville Classical Academy. See mission & focus areas ↑
How do I apply for a grant from Vestcor Family Foundation Inc?
The foundation does not accept unsolicited requests for funds; it makes contributions only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Vestcor Family Foundation Inc's EIN?
Vestcor Family Foundation Inc's EIN (Employer Identification Number) is 65-1197315. IRS Form 990 filing data is available on this page for 2020–2024.
Does Vestcor Family Foundation Inc 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.
Here's the math on researching Vestcor Family Foundation Inc by hand.
Explore Open Grants
Browse active grant opportunities in Vestcor Family Foundation Inc's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
VyStar Credit Union
Jacksonville, FL
VyStar supports military, youth, and community-building or vitality programs, including through grants and corporate sponsorships; its 2024 grants ranged from $20,000 to $650,000, with a median of $27,958. Support is primarily for communities in its Florida operating regions, though it also gave to a Massachusetts organization in 2024. It accepts sponsorship requests throughout the year; event requests must be submitted at least 90 days ahead and no more than one year in advance.
Assets
$14.0B
Grants
11
Total Given
$1.1M
Aetna Foundation Inc
Hartford, CT
Aetna Foundation supported health and wellness, access to health care, and related community needs; its 2021 grants ranged from $5,000 to $1 million, with a median of $40,000, and went to organizations across multiple states, especially in D.C. and Connecticut. Its 2021 filing was marked final, so it appears to have ended or be winding down grantmaking; that filing said there were no restrictions on who could apply and pointed applicants to its website for application materials.
Assets
—
Grants
65
Total Given
$7.2M
James E Davis Family Charities Inc
Jacksonville, FL
The foundation supports educational, cultural, health-related, youth, veterans’, and community organizations, with most 2025 grant dollars going to Florida and the rest to Virginia. Its 13 grants in 2025 ranged from $500 to $500,000, with a median of $20,000. It gives only to preselected organizations and does not accept unsolicited requests.
Assets
$18.9M
Grants
13
Total Given
$1.2M
The Gate Foundation Inc
Jacksonville, FL
The Gate Foundation supports programs that protect family and community well-being, including housing, crisis shelter, food and clothing, youth programs, community safety, services for older or disabled people, and health care and education. It considers organizations serving areas where GATE does business, with most 2025 grants going to Florida; awards varied widely, with a $2,500 median and grants up to $55,000 reported. Its application information is available on its website, so it accepts applications; no deadline is listed.
Assets
$80K
Grants
48
Total Given
$252K
Gannett Foundation Inc
New York, NY
Gannett Foundation’s 2025 grants supported a range of organizations, with listed awards generally between $1,500 and $2,500, though the available figures do not establish a typical grant size or geographic focus. The foundation has wound down: its 2026 filing reports no grants or assets, and no current application process or acceptance of unsolicited requests is stated.
Assets
—
Grants
32
Total Given
$65K
Jacksonville Jaguars Foundation Inc
Jacksonville, FL
The Jacksonville Jaguars Foundation funds youth development, neighborhood revitalization, and support for military members and veterans, primarily in Baker, Clay, Duval, Nassau, and St. Johns counties in Florida. Its 2024 grants ranged from $500 to $200,000, with a median of $5,000. It accepts unsolicited applications from registered 501(c)(3) organizations through its grant portal during three annual cycles.
Assets
$156K
Grants
173
Total Given
$2.3M
PGA Tour Inc
Ponte Vedra Beach, FL
PGA TOUR Inc. supports community charities in areas including healthcare, education, youth development, disaster relief, food access, military, and the environment, especially in tournament communities across the U.S. and internationally. Its 2024 grants had a median of $16,836, though amounts ranged widely; some Positively Memphis opportunities offer $1,000–$25,000. It accepts applications quarterly for those listed Memphis opportunities; the profile does not state whether other grants accept unsolicited requests.
Assets
$3.9B
Grants
326
Total Given
$34.3M
Cedar Street Charitable Foundation Inc
Milwaukee, WI
Cedar Street Charitable Foundation supports a broad range of qualified 501(c)(3) organizations through donor-advised funds, with grants spanning education, animal welfare, arts, and other causes. In 2024, grants ranged from $5,750 to $1.1 million, with a median of $20,000; Wisconsin received the largest share, followed by Connecticut, Florida, Pennsylvania, and North Carolina. No application process is specified in the available information.
Assets
$65.4M
Grants
219
Total Given
$13.5M
KPMG US Foundation Inc
Montvale, NJ
KPMG US Foundation supports education, mental health, community vitality, and community relief and resilience, with grants distributed across the United States. Its 2025 grants had a median of $25,000, though amounts ranged from about $5,000 to $2.2 million. The available information does not say whether it accepts unsolicited requests.
Assets
$12.4M
Grants
387
Total Given
$33.5M
The Community Foundation for Northeast Florida Inc
Jacksonville, FL
The Community Foundation for Northeast Florida supports nonprofits and civic work in Duval, St. Johns, Nassau, Baker, Clay, and Putnam counties, with interests including neighborhoods, education, aging adults, arts, women and girls, young children, and early literacy. Its 2024 grants had a median of $5,000, though amounts varied widely; most donor-advised grants are not open to applications, but eligible nonprofits can apply through competitive programs when application windows are open.
Assets
$708.7M
Grants
2,470
Total Given
$78.0M
Community Foundation of Tampa Bay Inc
Tampa, FL
The Community Foundation of Tampa Bay funds nonprofits addressing economic opportunity, environmental sustainability, health, education, and community vitality in Hillsborough, Pinellas, Pasco, Hernando, and Citrus counties. Its annual competitive grants are typically $10,000–$50,000; it also accepts year-round requests for urgent, unforeseen needs of up to $250,000. Apply through the relevant grant opportunity; the profile does not state whether general unsolicited requests are accepted.
Assets
$1.0B
Grants
698
Total Given
$54.3M
Publix Super Markets Charities Inc
Lakeland, FL
Publix Super Markets Charities supports nonprofits addressing hunger, homelessness and housing, youth, education, and community needs in Florida, Georgia, Alabama, North Carolina, South Carolina, Tennessee, Virginia, and Kentucky. Its 2024 median grant was $2,500, though awards ranged widely; it accepts online requests from eligible organizations, with application periods varying by program.
Assets
$233.8M
Grants
3,269
Total Given
$52.5M
More Funders in Florida
Vestcor Family Foundation Inc down — hundreds of funders to go?