Xela Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FORT LAUDERDALE, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2K in total assets. In 2024, it awarded 1 grants totaling $500.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2K
+0.0% YoY
Annual Giving
$500
+0.0% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$500
+0.0% YoY
Under IRS private-foundation payout rules, Xela Foundation Inc reported a distributable amount of $115 for 2024 — the minimum it must pay out in qualifying distributions.
About Xela Foundation Inc
Based on IRS filings
Xela Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FORT LAUDERDALE, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2K in total assets. In 2024, it awarded 1 grants totaling $500.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,342 | $2,342 | $2,372 |
| Revenue | $1,000 | $970 | $6,889 |
| Expenses | $1,000 | $1,000 | $8,000 |
| Qualifying Distributions | $500 | $500 | $8,000 |
| Net Investment Income | — | — | — |
| Distributable Amount | $115 | $116 | $144 |
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 2024
Grant Size Distribution
7 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Covenant House Florida ($500).
| Recipient | Purpose | Amount |
|---|---|---|
| COVENANT HOUSE FLORIDA FORT LAUDERDALE, FL | SUPPORT HOMELESS & AT-RISK YOUTH | $500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| THOMAS P TABOR | PRESIDENT/TR | 1 | — |
| ROSS E GUEDRY | VP/SECRETARY | 1 | — |
| STEVEN L KLOSTERMAN | DIRECTOR | 1 | — |
| ADAM PARKER | DIRECTOR | 1 | — |
| RAYMOND BROWN | DIRECTOR | 1 | — |
| JEFFREY C KUSCH | DIRECTOR | 1 | — |
| OSCAR C RUSSELL | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Xela Foundation Inc?
Xela Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FORT LAUDERDALE, FL. It holds $2K in total assets as of 2024.
How large is Xela Foundation Inc?
As of 2024, Xela Foundation Inc holds $2K in total assets with $1K in annual revenue. It awarded 1 grants totaling $500 in 2024.
Where does Xela Foundation Inc operate?
Xela Foundation Inc has awarded grants in Arkansas, Florida, New York.
What size grants does Xela Foundation Inc award?
In 2024, Xela Foundation Inc awarded 1 grants totaling $500 — an average of about $500 per grant, based on its IRS Form 990 filings.
How much is Xela Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Xela Foundation Inc reported a distributable amount of $115 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Xela Foundation Inc's EIN?
Xela Foundation Inc's EIN (Employer Identification Number) is 47-5341035. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Xela 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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