Vinik Family Foundation
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.
Vinik Family Foundation at a glance
In short: Vinik Family Foundation gave $12.2M across 103 grants in 2024 (avg $118K), mostly in Florida. 44% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $12,185,460
- -0.8% vs 2023
- Grants made (2024)
- 103
- -11.2% vs 2023
- Average grant
- $118,305
- +11.8% vs 2023
- Median grant
- $50,000
- Total assets
- $183,309,893
- -28.7% vs 2023
- New grantees (estimate)
- 44% first-time grantees (45 of 103, 2024)
- Primary geography
- Florida (59% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Vinik Family Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 401 E Jackson Street 2525, Tampa, FL 33602
Phone: (813) 229-0420
Website: https://vinikfamilyfoundation.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Vinik Family Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
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
The most common grant size was under $50K: 472 grants of 780 (61%).
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
Share of 2024 grant dollars across all 103 itemized grants.
States
Cities
Is Vinik Family Foundation open to new grantees?
44%
first-time grantees, 2024
In 2024, 45 of 103 grantees (44%) were first-time recipients. First grants averaged $92K; repeat grants $139K. How we count
Medians: $50K first-time, $50K repeat.
- 41% 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.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
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.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Tampa Museum of Art Tampa, FL | General Support | $2,120,000 |
| University of South Florida Foundation Inc Tampa, FL | General Support | $1,000,000 |
| V Foundation for Cancer Research (The) Cary, IN | General Support | $1,000,000 |
| The Meadowbrook School of Weston Weston, MA | General Support | $950,000 |
| Museum of Fine Arts Boston Boston, MA | General Support | $663,000 |
| Feeding Tampa Bay Inc Tampa, FL | General Support | $612,500 |
| Brigham & Women's Hospital Boston, MA | General Support | $500,000 |
| Florida Aquarium (The) Tampa, FL | General Support | $500,000 |
| William James College Inc Newton, MA | General Support | $500,000 |
| Wnet Depository New York, NY | General Support | $500,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $183,309,893 | $29,324,868 | $32,508,167 | $12,185,460 | 103 | $12,396,885 | $34,614,651 | $6,503,535 |
| 2023 | $257,218,686 | $11,690,328 | $16,374,540 | $12,280,066 | 116 | $12,523,835 | $9,323,375 | $9,424,193 |
| 2022 | $242,464,623 | $-16,722,111 | $17,714,408 | $14,325,685 | 251 | $28,063,721 | — | $9,951,947 |
| 2021 | $211,760,876 | $31,098,732 | $13,328,870 | $10,112,186 | 190 | $10,414,307 | $30,123,718 | $10,931,182 |
| 2020 | $192,173,639 | $29,773,809 | $15,069,459 | $12,657,229 | 120 | — | $34,626,942 | $9,968,485 |
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.
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.
Among its largest 2024 grants were $2,120,000 to the Tampa Museum of Art, $1,000,000 each to the University of South Florida Foundation and the V Foundation for Cancer Research, and $950,000 to The Meadowbrook School of Weston. Other notable grants included $663,000 to the Museum of Fine Arts Boston and $612,500 to Feeding Tampa Bay. The listed grants were for general support.
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.
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 October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Vinik Family Foundation funds
Education Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Vinik Family Foundation's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Vinik Family Foundation funder profile. GrantGraph. Retrieved October 22, 2026, from https://grantable.co/funders/vinik-family-foundation-morg_459c6b64ac5144a58908a9afcef415e5
BibTeX
@misc{grantable_911917506_2026,
author = {{Grantable}},
title = {{Vinik Family Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/vinik-family-foundation-morg_459c6b64ac5144a58908a9afcef415e5},
note = {Accessed 2026-10-22. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Vinik Family Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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