Vinik Family Foundation (VFF) is a private foundation based in Tampa, Florida, established in 1997 and formally incorporated in 1998. The foundation is created and managed by Jeff and Penny Vinik. As a 501(c)(3) organization, VFF has donated over $75 million to nonprofits across multiple sectors since its inception.
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
Mission & Focus Areas
VFF focuses on four primary areas:
- Education
- Human Services
- Healthcare
- The Arts
The foundation is especially dedicated to broadening the public's understanding of art through inclusive, interactive exhibits and installations. Notable art initiatives include sponsorship of Lucy Sparrow's Tampa Deli & Convenience Store exhibit and ownership of Yayoi Kusama's "Love is Calling" art exhibit.
Grantmaking
The foundation does not accept unsolicited applications. Grantmaking is by invitation only.
Grant Range
$10,000
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in:
- Florida
- Massachusetts
- New York
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2022:
- Total Assets: $242.5 million
- Total Revenues: -$16.7 million
- Total Expenses: $17.7 million
- Total Liabilities: $19 million
As of 2024:
- Total Assets: $183.3 million
- Total Giving: $12.2 million
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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 |
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
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JEFFREY N VINIK | TRUSTEE | 7.5 | — |
| MARY PENNY VINIK | TRUSTEE & PRESIDENT | 8 | — |
Recent News & Activity
Recent developments and announcements
In December 2023, Vinik Family Foundation pledged $1.5 million to The Florida Aquarium for a major expansion project, designated as a leadership gift.
Vinik Family Foundation pledges $1.5 million for Florida Aquarium expansionThe foundation has also pledged an additional $10 million to the Community Heroes Program.
Vinik Family Foundation pledges $1.5 million for Florida Aquarium expansionSubject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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