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Vinik Family Foundation

Private foundation · Grantmaker Tampa, FL EIN: 91-1917506 Website

Vinik Family Foundation is a private foundation based in Tampa, Florida. Its 2024 filing reports $12.2 million in grants to 103 organizations, with recipients including arts and cultural institutions, educational organizations, and community-service providers.

Key facts about Vinik Family Foundation

In short: Vinik Family Foundation gave $12.2M across 103 grants in 2024 (avg $118K), mostly in Florida. 45% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.

EIN
91-1917506
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$12,185,460
Grants made (2024)
103
Average grant
$118,305
Median grant
$50,000
New grantees (estimate)
45% first-time grantees (46 of 103, 2024)
Total assets
$183,309,893
Primary geography
Florida (59% of itemized 2024 grant dollars)
Accepts unsolicited proposals
No
How to apply
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. 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

$183.3M

-28.7% YoY

Annual Giving

$12.2M

-0.8% YoY

Grant Count

103

-11.2% YoY

Avg Grant Size

$118K

+11.8% YoY

Under IRS private-foundation payout rules, Vinik Family Foundation reported a distributable amount of $6.5M for 2024 — the minimum it must pay out in qualifying distributions.

Is Vinik Family Foundation open to new grantees?

45%

first-time grantees, 2024

In 2024, 46 of 103 grantees (45%) were first-time recipients. First grants averaged $92K; repeat grants $140K. How we count

Medians: $50K first-time, $50K repeat.

  • 40% of 2024 grantees were also funded in 2023. Method
  • Giving grew 21% from 2021 to 2024. Method
  • In 2024 it paid out 191% of 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.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

No mission statement for the foundation is provided in the available information. Its grants include support for organizations working in the arts, education, health, human services, and startup development. For example, the Tampa Museum of Art says its mission is to collect, preserve, study, and exhibit art to educate, engage, and inspire; the University of South Florida Foundation says it provides charitable and educational aid to the university and encourages research and learning. Metropolitan Ministries describes its work as caring for people experiencing or at risk of homelessness, while Tampa Bay Innovation Hub says it helps startup talent build companies.

Grantmaking

In 2024, the foundation reported 103 grants totaling $12,185,460. Grant amounts ranged from $258 to $2,120,000, with a median of $50,000. The 2023 filing reported 116 grants totaling $12,280,066; the 2022 filing reported 251 grants totaling $14,325,685.

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Geographic Focus

Where this funder awards grants

In 2024, Florida recipients received 59% of grant dollars, Massachusetts recipients 23%, Indiana recipients 8%, New York recipients 5%, and California recipients 1%.

Grant Distribution by State

22states

Share of 2024 grant dollars across all 103 itemized grants.

Cities

TampaSaint PetersburgClearwaterBostonChathamBrandonLargoNew YorkSarasotaLakelandAtlantaDurhamLand O LakesBronxChicagoNeedhamWorcesterBrooklineCaryColorado Springs

Giving Over Time

Total grant dollars and number of grants per year

$0$5M$10M$15M120 grants2020 190 grants2021 251 grants2022 116 grants2023 103 grants2024

From 2020 to 2024, annual grant giving ranged from $10.1M (2021) to $14.3M (2022). In 2024 it made 103 grants totaling $12.2M.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Tampa Museum of Art: $2.1MTampa Museum of Art$2.1MUniversity of South Florida Foundation Inc: $1.0MUniversity of South FloridaFoundation Inc$1.0MV Foundation for Cancer Research (The): $1.0MV Foundation for CancerResearch (The)$1.0MThe Meadowbrook School of Weston: $950KThe Meadowbrook School ofWeston$950KMuseum of Fine Arts Boston: $663KMuseum of Fine Arts Boston$663KFeeding Tampa Bay Inc: $613KFeeding Tampa Bay Inc$613KBrigham & Women's Hospital: $500KBrigham & Women's Hospital$500KFlorida Aquarium (The): $500KFlorida Aquarium (The)$500KWilliam James College Inc: $500KWilliam James College Inc$500KWnet Depository: $500KWnet Depository$500K

The largest 2024 recipient was Tampa Museum of Art ($2.1M). Together the top 10 received $8.3M.

Grant Size Distribution

780 grants across all recorded years

472<$50K196$50–100K61$100–250K13$250–500K19$500K–1M19$1–5M$5M+

The most common grant size was under $50K: 472 grants of 780 (61%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Tampa Museum of Art Tampa, FLGeneral Support$2,120,000
University of South Florida Foundation Inc Tampa, FLGeneral Support$1,000,000
V Foundation for Cancer Research (The) Cary, INGeneral Support$1,000,000
The Meadowbrook School of Weston Weston, MAGeneral Support$950,000
Museum of Fine Arts Boston Boston, MAGeneral Support$663,000
Feeding Tampa Bay Inc Tampa, FLGeneral Support$612,500
Brigham & Women's Hospital Boston, MAGeneral Support$500,000
Florida Aquarium (The) Tampa, FLGeneral Support$500,000
William James College Inc Newton, MAGeneral Support$500,000
Wnet Depository New York, NYGeneral Support$500,000

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants
2024 $183,309,893 $29,324,868 $32,508,167 $12,185,460
2023 $257,218,686 $11,690,328 $16,374,540 $12,280,066
2022 $242,464,623 -$16,722,111 $17,714,408 $14,325,685
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$10M$20M$30M$40M2020 2021 2022 2023 2024
Metric202420232022
Total Assets$183,309,893$257,218,686$242,464,623
Revenue$29,324,868$11,690,328$-16,722,111
Expenses$32,508,167$16,374,540$17,714,408
Qualifying Distributions$12,396,885$12,523,835$28,063,721
Net Investment Income$34,614,651$9,323,375—
Distributable Amount$6,503,535$9,424,193$9,951,947

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists Jeffrey N. Vinik as trustee and Mary Penny Vinik as trustee and president.

Vinik Family Foundation is led by Mary Penny Vinik, Trustee & President on every filing since 2020; none of the 2 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Mary Penny Vinik

    Trustee & President

    On filings since 2020

    8 hrs/week

    No compensation reported

  • Jeffrey N. Vinik

    Trustee

    On filings since 2020

    7.5 hrs/week

    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: 401 E Jackson Street 2525, Tampa, FL 33602
Phone: (813) 229-0420
Website: https://vinikfamilyfoundation.org

Frequently asked questions about Vinik Family Foundation

How much does Vinik Family Foundation give each year?

Vinik Family Foundation gave $12.2M across 103 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $12.3M across 116 grants.

What is Vinik Family Foundation's typical grant size?

Vinik Family Foundation's median grant in 2024 was $50,000, and its average grant was $118,305, across 103 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Vinik Family Foundation that year got $92K on average.

Where does Vinik Family Foundation give grants?

Vinik Family Foundation gives mostly in Florida: 59% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were Massachusetts (23%) and Indiana (8%). The most frequent recipient cities were Tampa, FL (41 grants), St Petersburg, FL (8 grants), Boston, MA (5 grants) and New York, NY (3 grants).

Does Vinik Family Foundation give general operating support?

Yes: 100% of Vinik Family Foundation's 2024 grants with a stated purpose (103 of 103) were for general or operating support, per its 2024 IRS Form 990-PF.

Who are Vinik Family Foundation's largest grantees?

Vinik Family Foundation's largest 2024 grantees include Tampa Museum of Art ($2,120,000), University of South Florida Foundation Inc ($1,000,000) and V Foundation for Cancer Research (The) ($1,000,000), according to its 2024 IRS Form 990-PF. Together they received 34% of its itemized 2024 grant dollars.

How large is Vinik Family Foundation?

Vinik Family Foundation reported $183.3M in total assets on its 2024 IRS Form 990-PF. It paid out $12.4M in qualifying distributions that year, against a required minimum of $6.5M (roughly 5% of its investment assets).

What does Vinik Family Foundation fund?

No mission statement for the foundation is provided in the available information. Its grants include support for organizations working in the arts, education, health, human services, and startup development. See mission & focus areas ↑

How do I apply for a grant from Vinik Family Foundation?

The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Vinik Family Foundation's EIN?

Vinik Family Foundation's EIN (Employer Identification Number) is 91-1917506. IRS Form 990 filing data is available on this page for 2020–2024.

Does Vinik Family Foundation 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.

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