Vestcor Family Foundation Inc
Vestcor Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in JACKSONVILLE, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $8.4M in total assets. In 2024, it awarded 14 grants totaling $551K. Net investment income was $324K.
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.
About Vestcor Family Foundation Inc
Based on IRS filings
Vestcor Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in JACKSONVILLE, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $8.4M in total assets. In 2024, it awarded 14 grants totaling $551K. Net investment income was $324K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| 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 |
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
96 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Jacksonville Classical Academy East ($220,314), Jacksonville Classical Academy ($190,100), Flagler College ($57,183).
| Recipient | Purpose | Amount |
|---|---|---|
| BAHAMA VILLAGE COMMUNITY COALITION CUDJOE KEY, FL | GENERAL FUND | $3,000 |
| BELIEVE IN A CURE INC PORT WASHINGTON, NY | GENERAL FUND | $10,000 |
| FLAGLER COLLEGE ST AUGUSTINE, FL | GENERAL FUND | $57,183 |
| FOUNDATION FOR EXCELLENCE IN EDUCATION TALLAHASSEE, FL | GENERAL FUND | $10,000 |
| JACKSONVILLE CLASSICAL ACADEMY EAST JACKSONVILLE, FL | GENERAL FUND | $220,314 |
| JACKSONVILLE CLASSICAL ACADEMY JACKSONVILLE, FL | GENERAL FUND | $190,100 |
| JAMES MADISON INSTITUTE TALLAHASSEE, FL | GENERAL FUND | $5,000 |
| JUNIOR ACHIEVEMENT OF NORTH FLORIDA JACKSONVILLE, FL | GENERAL FUND | $2,000 |
| MUSEUM OF SCIENCE AND HISTORY JACKSONVILLE, FL | GENERAL FUND | $25,000 |
| NAMI JACKSONVILLE JACKSONVILLE, FL | GENERAL FUND | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JASON O FLOYD | VICE PRESIDENT | — | — |
| HOLLY R HEPLER | DIRECTOR | — | — |
| JOHN D ROOD | DIRECTOR | — | — |
| JENNIFER R HOOVER | DIRECTOR & PRESIDENT | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Vestcor Family Foundation Inc?
Vestcor Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in JACKSONVILLE, FL. It holds $8.4M in total assets as of 2024.
How large is Vestcor Family Foundation Inc?
As of 2024, Vestcor Family Foundation Inc holds $8.4M in total assets with $373K in annual revenue. It awarded 14 grants totaling $551K in 2024.
Where does Vestcor Family Foundation Inc operate?
Vestcor Family Foundation Inc has awarded grants in Florida, Michigan, New York, Wisconsin.
What size grants does Vestcor Family Foundation Inc award?
In 2024, Vestcor Family Foundation Inc awarded 14 grants totaling $551K — an average of about $39K per grant, based on its IRS Form 990 filings.
How much is Vestcor Family Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Vestcor Family Foundation Inc reported a distributable amount of $101K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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.
Explore Open Grants
Browse active grant opportunities in Vestcor Family Foundation Inc'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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