Wheels & Keels Foundation Inc logo

Wheels & Keels Foundation Inc

VERO BEACH, FL EIN: 47-4684048 Website

WHEELS & KEELS FOUNDATION, INC. WAS ESTABLISHED TO PROVIDE FUNDING FOR ACTIVITIES WHICH VISIBLY IMPROVE AND STRENGTHEN THE LOCAL COMMUNITY. FUNDRAISING ACTIVITIES WILL BE FOCUSED IN AND AROUND A KEY ANTIQUE AND EXOTIC CAR AND BOAT SHOW.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$115K

-31.5% YoY

Annual Giving

$161K

+16.3% YoY

Grant Count

11

+57.1% YoY

Avg Grant Size

$15K

-26.0% YoY

About Wheels & Keels Foundation Inc

Based on IRS filings

Wheels & Keels Foundation Inc is a nonprofit organization focused on Human Services, based in VERO BEACH, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $115K in total assets. In 2024, it awarded 11 grants totaling $161K. Net investment income was $6K.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

Fort PierceSebastianVero Beach

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$60K$120K$180K$240K20202021202220232024
Metric202420232022
Total Assets$114,920$167,748$219,800
Revenue$170,688$170,816$218,024
Expenses$210,266$173,392$197,586
Qualifying Distributions
Net Investment Income$6,176$52
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$40K$80K$121K$161K0 grants20205 grants20218 grants20227 grants202311 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

CROSSOVER MISSION INC$22KTHE ARC OF INDIAN RIVER …$20KSPECIAL EQUESTRIANS OF T…$20KVERO BEACH ROWING INC$20KYOUTH SAILING FOUNDATION…$20KNATIONAL NAVY SEAL MUSEUM$15KFLOAT HOPE OF INDIAN RIV…$10KSALLY WILKEY FOUNDATION …$10KUNITED AGAINST POVERTY$10KLINES IN THE LAGOON INC$8K

Grant Size Distribution

31 grants across all recorded years

31<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Open Grants

1 open opportunity from Wheels & Keels Foundation Inc

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Crossover Mission Inc ($21,780), The Arc of Indian River County Inc ($20,000), Special Equestrians of the Treasure Coast Inc ($20,000).

RecipientPurposeAmount
THE ARC OF INDIAN RIVER COUNTY INC VERO BEACH, FLGENERAL SUPPORT OF CHARITABLE ACTIVITIES.$20,000
CROSSOVER MISSION INC VERO BEACH, FLGENERAL SUPPORT OF CHARITABLE ACTIVITIES.$21,780
FLOAT HOPE OF INDIAN RIVER COUNTY INC VERO BEACH, FLGENERAL SUPPORT OF CHARITABLE ACTIVITIES.$10,000
LINES IN THE LAGOON INC VERO BEACH, FLGENERAL SUPPORT OF CHARITABLE ACTIVITIES.$7,500
NATIONAL NAVY SEAL MUSEUM FORT PIERCE, FLGENERAL SUPPORT OF CHARITABLE OPERATIONS OF THE ORGANIZATION'S TRIDENT HOUSE PROGRAM.$15,375
SALLY WILKEY FOUNDATION INC VERO BEACH, FLGENERAL SUPPORT OF CHARITABLE ACTIVITIES.$10,000
SEBASTIAN RIVER ROWING INC SEBASTIAN, FLGENERAL SUPPORT OF CHARITABLE ACTIVITIES.$6,300
SPECIAL EQUESTRIANS OF THE TREASURE COAST INC VERO BEACH, FLGENERAL SUPPORT OF CHARITABLE OPERATIONS.$20,000
UNITED AGAINST POVERTY VERO BEACH, FLGENERAL SUPPORT OF CHARITABLE ACTIVITIES.$10,000
VERO BEACH ROWING INC VERO BEACH, FLGENERAL SUPPORT OF CHARITABLE OPERATIONS.$20,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
GAVIN RUOTOLOCHIEF EXECUTIVE OFFICER2
SAM GAGLIANOPRESIDENT2
VINCENT DETURRISPAST PRESIDENT2
GORDON SULCERVICE PRESIDENT2
DWIGHT SEWARDSECRETARY/TREASURER2
AMANDA FORDDIRECTOR2
ANETTA GREGGDIRECTOR2
KENT SOUKUPDIRECTOR2

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Wheels & Keels Foundation Inc?

Wheels & Keels Foundation Inc is a nonprofit organization focused on Human Services, based in VERO BEACH, FL. It holds $115K in total assets as of 2024.

How large is Wheels & Keels Foundation Inc?

As of 2024, Wheels & Keels Foundation Inc holds $115K in total assets with $171K in annual revenue. It awarded 11 grants totaling $161K in 2024.

Where does Wheels & Keels Foundation Inc operate?

Wheels & Keels Foundation Inc has awarded grants in Florida.

What size grants does Wheels & Keels Foundation Inc award?

In 2024, Wheels & Keels Foundation Inc awarded 11 grants totaling $161K — an average of about $15K per grant, based on its IRS Form 990 filings.

What is Wheels & Keels Foundation Inc's EIN?

Wheels & Keels Foundation Inc's EIN (Employer Identification Number) is 47-4684048. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

Browse active grant opportunities in Wheels & Keels Foundation Inc's focus areas in our free grants database

Related Funders

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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