Worthman Foundation Inc
Worthman Foundation Inc is a private foundation, based in HIGH SPRINGS, FL. IRS filing data is available for 2022. As of 2022, the organization holds $500K in total assets. In 2022, it awarded 1 grants totaling $500.
Financial Overview
From 2022 IRS Form 990-PF · View filing
Total Assets
$500K
Annual Giving
$500
Grant Count
1
Avg Grant Size
$500
Under IRS private-foundation payout rules, Worthman Foundation Inc reported a distributable amount of $1K for 2022 — the minimum it must pay out in qualifying distributions.
About Worthman Foundation Inc
Based on IRS filings
Worthman Foundation Inc is a private foundation, based in HIGH SPRINGS, FL. IRS filing data is available for 2022. As of 2022, the organization holds $500K in total assets. In 2022, it awarded 1 grants totaling $500.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2022 |
|---|---|
| Total Assets | $499,500 |
| Revenue | $500,000 |
| Expenses | $500 |
| Qualifying Distributions | $500 |
| Net Investment Income | — |
| Distributable Amount | $1,349 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2022
Grant Size Distribution
1 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2022 grants, the largest include Newberry Fire Department ($500).
| Recipient | Purpose | Amount |
|---|---|---|
| NEWBERRY FIRE DEPARTMENT NEWBERRY, FL | CHARITABLE | $500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2022 IRS filing
From 2022 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MICHELLE CANGIALOSI | OFFICER | 1 | — |
| ELI OTT | OFFICER | 1 | — |
| DREW WORTHMANN | OFFICER | 1 | — |
Frequently Asked Questions
How large is Worthman Foundation Inc?
As of 2022, Worthman Foundation Inc holds $500K in total assets with $500K in annual revenue. It awarded 1 grants totaling $500 in 2022.
Where does Worthman Foundation Inc operate?
Worthman Foundation Inc has awarded grants in Florida.
What size grants does Worthman Foundation Inc award?
In 2022, Worthman Foundation Inc awarded 1 grants totaling $500 — an average of about $500 per grant, based on its IRS Form 990 filings.
How much is Worthman Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2022, Worthman Foundation Inc reported a distributable amount of $1K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Worthman Foundation Inc's EIN?
Worthman Foundation Inc's EIN (Employer Identification Number) is 92-1405172. IRS Form 990 filing data is available on this page for 2022.
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Browse active grant opportunities in Worthman Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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