Wheels & Keels Foundation Inc
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.
Key facts about Wheels & Keels Foundation Inc
- EIN
- 47-4684048
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $160,955
- Grants made (2024)
- 11
- Average grant
- $14,632
- Median grant
- $15,375
- New grantees (estimate)
- 36% first-time grantees (4 of 11, 2024)
- Total assets
- $114,920
- Primary geography
- Florida (100% of itemized 2024 grant dollars)
- Next open deadline
- October 1, 2026 (Wheels & Keels Foundation Charity Grant)
Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Who Wheels & Keels Foundation Inc funds
By grant dollars, the top recipient states for Wheels & Keels Foundation Inc's 11 itemized 2024 grants were Florida (100%). The most frequent recipient cities were Vero Beach, FL (9 grants). 100% of grants with a stated purpose were for general or operating support.
Is Wheels & Keels Foundation Inc open to new grantees?
36%
first-time grantees, 2024
In 2024, 4 of 11 grantees (36%) were first-time recipients. First grants averaged $9K; repeat grants $18K. How we count
Medians: $10K first-time, $20K repeat.
Estimate from itemized IRS Form 990-PF grant lists (2021–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with Wheels & Keels Foundation Inc
- How to evaluate Wheels & Keels Foundation Inc as a funder
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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
Ready to take the next step with Wheels & Keels Foundation Inc?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 11 itemized 2024 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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 | — | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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
31 grants across all recorded years
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 recipients include Crossover Mission Inc ($21,780), The Arc of Indian River County Inc ($20,000), Special Equestrians of the Treasure Coast Inc ($20,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CROSSOVER MISSION INC Vero Beach, FL | GENERAL SUPPORT OF CHARITABLE ACTIVITIES. | $21,780 |
| THE ARC OF INDIAN RIVER COUNTY INC Vero Beach, FL | GENERAL SUPPORT OF CHARITABLE ACTIVITIES. | $20,000 |
| SPECIAL EQUESTRIANS OF THE TREASURE COAST INC Vero Beach, FL | GENERAL SUPPORT OF CHARITABLE OPERATIONS. | $20,000 |
| VERO BEACH ROWING INC Vero Beach, FL | GENERAL SUPPORT OF CHARITABLE OPERATIONS. | $20,000 |
| YOUTH SAILING FOUNDATION OF INDIAN RIVER COUNTY INC Vero Beach, FL | GENERAL SUPPORT OF CHARITABLE OPERATIONS. | $20,000 |
| NATIONAL NAVY SEAL MUSEUM Fort Pierce, FL | GENERAL SUPPORT OF CHARITABLE OPERATIONS OF THE ORGANIZATION'S TRIDENT HOUSE PROGRAM. | $15,375 |
| FLOAT HOPE OF INDIAN RIVER COUNTY INC Vero Beach, FL | GENERAL SUPPORT OF CHARITABLE ACTIVITIES. | $10,000 |
| SALLY WILKEY FOUNDATION INC Vero Beach, FL | GENERAL SUPPORT OF CHARITABLE ACTIVITIES. | $10,000 |
| UNITED AGAINST POVERTY Vero Beach, FL | GENERAL SUPPORT OF CHARITABLE ACTIVITIES. | $10,000 |
| LINES IN THE LAGOON INC Vero Beach, FL | GENERAL SUPPORT OF CHARITABLE ACTIVITIES. | $7,500 |
Leadership & Key People
Officers and directors from IRS filings
Wheels & Keels Foundation Inc is led by Gavin Ruotolo, Chief Executive Officer since 2022 (on filings since 2020); none of the 8 officers listed in 2024 report compensation.
Officers on the 2024 filing
Gavin Ruotolo
Chief Executive Officer
President → Chief Executive Officer, 2022
On filings since 2020
2 hrs/week
No compensation reported
Sam Gagliano
President
Director → President, 2024
On filings since 2020
2 hrs/week
No compensation reported
Amanda Ford
Director
On filings since 2021
2 hrs/week
No compensation reported
Anetta Gregg
Director
Secretary & Treasurer → Director, 2024
On filings since 2022
2 hrs/week
No compensation reported
Kent Soukup
Director
On filings since 2022
2 hrs/week
No compensation reported
Gordon Sulcer
Vice President
Director → Vice President, 2022
On filings since 2020
2 hrs/week
No compensation reported
Vincent Deturris
Past President
Vice President → President, 2022
President → Past President, 2024
On filings since 2020
2 hrs/week
No compensation reported
Dwight Seward
Secretary & Treasurer
New on the 2024 filing
2 hrs/week
No compensation reported
Former officers (3)
- Former: George Bryant (2020–2021) — Secretary
- Former: Martin Alger (2020–2021) — Treasurer
- Former: George O'Malley (2020) — Past Treasurer
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.
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
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.