Votum Foundation Inc

LAKELAND, FL EIN: 59-3580800

Votum Foundation Inc is a private philanthropic foundation based in Lakeland, Florida. Established in 2000, the foundation operates as a 501(c)(3) organization dedicated to supporting educational and philanthropic initiatives.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$24.3M

+114.7% YoY

Annual Giving

$1.4M

-61.1% YoY

Grant Count

12

-20.0% YoY

Avg Grant Size

$113K

-51.3% YoY

Under IRS private-foundation payout rules, Votum Foundation Inc reported a distributable amount of $118K for 2024 — the minimum it must pay out in qualifying distributions.

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

Mission & Focus Areas

The foundation focuses on funding initiatives in the following areas:

  • Elementary and secondary education
  • Higher education
  • Philanthropy and nonprofit sector support

Grantmaking

The foundation appears to be open to new applicants.

Grant Range

$166,700

Average Grant

$166,700

Ready to take the next step with Votum Foundation Inc?

Geographic Focus

Where this funder awards grants

The foundation provides funding across multiple states, including:

  • Florida
  • Georgia
  • Indiana
  • Kansas
  • Ohio
  • Virginia

Grant Distribution by State

13states
+5 more states

Cities

AtlantaBirminghamCirclevilleDue WestDuluthLady LakeLake WalesLakelandLansdowneMarionMount DoraNew YorkNorth Salt LakeOlatheOrlandoPisgah ForestStanfordSylvaTampaWheaton

Financial History

Multi-year comparison from IRS filings

  • Total Assets: $14,107,613
  • Annual Revenue: $4,772,270
  • Annual Expenses: $1,010,875
  • Number of Employees: 0

Assets increased 2.6% from the previous year.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$4M$8M$12M$16M20202021202220232024
Metric202420232022
Total Assets$24,337,055$11,336,294$14,107,613
Revenue$14,356,153$9,975,488$4,772,270
Expenses$1,355,392$9,534,345$1,010,875
Qualifying Distributions$1,350,070$3,467,007$1,010,875
Net Investment Income$16,417$4,359
Distributable Amount$118,453$167,212$140,464

Giving Over Time

Total grant dollars and number of grants per year

$0$867K$2M$3M$3M16 grants202010 grants20216 grants202215 grants202312 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

WARNER UNIVERSITY$250KOHIO CHRISTIAN UNIVERSITY$200KEQUIP LEADERSHIP INC$200KWORLD HOPE INTERNATIONAL$200KWORLD GOSPEL MISSION (WGM)$150KINDIANA WESLEYAN UNIVERS…$100KSALVATION ARMY$100KERSKINE COLLEGE$50KRADIO TRAINING NETWORK$45KMY MEDIC CHARITIES$25K

Grant Size Distribution

59 grants across all recorded years

11<$50K15$50–100K21$100–250K7$250–500K2$500K–1M3$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Warner University ($250,000), Ohio Christian University ($200,000), Equip Leadership Inc ($200,000).

RecipientPurposeAmount
INDIANA WESLEYAN UNIVERSITY MARION, INEDUCATION$100,000
WARNER UNIVERSITY LAKE WALES, FLEDUCATION$250,000
OHIO CHRISTIAN UNIVERSITY CIRCLEVILLE, OHEDUCATION$200,000
EQUIP LEADERSHIP INC DULUTH, GAMINISTRY$200,000
MY MEDIC CHARITIES NORTH SALT LAKE, UTMEDICAL ASSISTANCE$25,000
CIRCLE OF FRIENDS LAKE WALES, FLCOMMUNITY ASSISTANCE$20,000
H-3 ADVENTURES LADY LAKE, FLMENTAL HEALTH ASSISTANCE$10,000
SALVATION ARMY LAKELAND, FLMINISTRY$100,000
WORLD GOSPEL MISSION (WGM) MARION, INMINISTRY$150,000
ERSKINE COLLEGE DUE WEST, SCEDUCATION$50,000

Leadership & Key People

Leadership team and compensation from IRS filings

The foundation is led by a volunteer board with no paid staff:

  • Lawrence W. Maxwell — President and Treasurer
  • Anita K. Maxwell — Vice President and Secretary
  • Amanda R. Drost — Director
  • Benjamin De Falk — Director

All key personnel work voluntarily without compensation.

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
LAWRENCE W MAXWELLPRES/TREAS5
ANITA K MAXWELLVP/SECTRY1
AMANDA R DROSTDIRECTOR1
BENJAMIN DE FALKDIRECTOR1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What does Votum Foundation Inc fund?

The foundation focuses on funding initiatives in the following areas: • Elementary and secondary education • Higher education • Philanthropy and nonprofit sector support

How do I apply for a grant from Votum Foundation Inc?

**Grant Activity:** • Total giving: $1,000,000 (most recent fiscal year) • Number of grants: 6 • Average grant size: $166,700 • Median grant size: $100,000 **Recent Grantee:** • Tampa Muslim Outreach received $50,000 for ministry work (2023) The foundation appears to be open to new applicants.

Where does Votum Foundation Inc make grants?

The foundation provides funding across multiple states, including: • Florida • Georgia • Indiana • Kansas • Ohio • Virginia

What size grants does Votum Foundation Inc award?

In 2024, Votum Foundation Inc awarded 12 grants totaling $1.4M — an average of about $113K per grant, based on its IRS Form 990 filings.

How much is Votum Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Votum Foundation Inc reported a distributable amount of $118K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Votum Foundation Inc's EIN?

Votum Foundation Inc's EIN (Employer Identification Number) is 59-3580800. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

Browse active grant opportunities in Votum Foundation Inc's focus areas in our free grants database

Related Funders

Similar funders by location and focus area

Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

What could you do with Votum Foundation Inc on Grantable?

  • Assess strategic fit with your organization
  • Draft a tailored letter of inquiry
  • Find open RFPs from this funder
  • Monitor for new funding opportunities

Go from researching Votum Foundation Inc to a real strategy.

Plan your approach