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Carl Angus Desantis Foundation Inc. is a private corporation based in DELRAY BEACH, FL. The foundation received its IRS ruling in 2021. It holds total assets of $385.8M. Annual income is reported at $323.7M. Total assets have grown from $1.4M in 2020 to $90.1M in 2023. The foundation is governed by 5 officers and trustees. Tax records are available from 2021 to 2023. According to available records, Carl Angus Desantis Foundation Inc. has made 7 grants totaling $605K, with a median grant of $100K. Annual giving has grown from $5K in 2021 to $600K in 2022. Individual grants have ranged from $5K to $100K, with an average award of $86K. The foundation has supported 3 unique organizations. Grants have been distributed to organizations in Florida and New York. Contributions to this foundation are tax-deductible.
The Carl Angus DeSantis Foundation operates as a high-engagement, invitation-only private foundation rooted in South Florida philanthropy. Its giving philosophy reflects the entrepreneurial spirit of founder Carl A. DeSantis — who built Rexall Sundown into one of the largest vitamin manufacturers in the United States and made an early transformational investment in Celsius Energy Drinks — favoring leaders, innovators, and organizations that drive tangible community change.
The foundation runs on a relationship-first model. Unsolicited applications are not accepted. Instead, organizations must submit a Letter of Intent (LOI), which can be filed at any time throughout the year. These LOIs serve as the informal introduction — when staff and board detect alignment with one of the four pillars (Civic Innovation, Faith-Based Giving, Health & Wellness, or Leadership & Entrepreneurship), the foundation issues a formal invitation to apply. Without that invitation, applicants cannot access the application form.
Geographic focus is tight and enforced: Palm Beach and Broward counties are the primary service areas, with limited funding extended to national organizations demonstrating close mission alignment. Organizations serving other geographies are rarely considered, making this a hyper-local funder by design.
The typical grantee profile reveals a preference for smaller, nimble nonprofits tackling specific community needs with data-backed programs. The foundation's 83 documented grants totaling over $10.5 million translate to an average award of roughly $126,500, though the actual range extends from $5,000 (Alzheimer's Association of South Florida) to $1.7 million (Take Stock in Children Palm Beach County, multi-year pledge). Repeat grantees appear — 4 Kids of South Florida and Indaba Education Fund Inc. each received 3 grants totaling $300,000 — indicating the foundation actively builds ongoing relationships with high-performing partners.
The standard relationship progression runs: LOI submission → staff review for eligibility and alignment → invitation to apply → formal application with financial documentation → possible site visit and board review meeting → final decision (typically several months after submission) → 6-month progress report → final report. New applications will not be processed until all reports on prior grants are complete. First-time applicants should treat the LOI as a strategic document, not a formality, demonstrating clear program specificity, geographic fit, organizational maturity, and measurable community impact.
The Carl Angus DeSantis Foundation has undergone extraordinary growth since its founding. In fiscal year 2020, total assets stood at just $1.4 million with $12,688 in total giving. By 2021, a $83.96 million contribution infusion propelled assets to $86 million and annual giving to $220,808. The foundation reached full operational capacity in fiscal year 2022-2023, recording $90.1 million in total assets and $3.94 million in total giving — with $3.8 million in actual grants paid in FY2022. Current IRS BMF data places total assets at approximately $385 million, indicating substantial further capitalization since 2023.
With $10.5 million distributed across 83 grants since founding, the calculated average award is $126,506. The stated award range per foundation guidelines is $15,000 to $1,250,000, though actual gifts outside this range exist (e.g., the $1.7 million Take Stock in Children pledge). IRS grantee records show a smaller documented sample: 7 grants totaling $605,000, averaging $86,429, with individual awards of $300,000 (4 Kids of South Florida, 3 grants), $300,000 (Indaba Education Fund, 3 grants), and $5,000 (Alzheimer's Association of South Florida, 1 grant).
Breakdown by program area (based on publicly disclosed awards): - Health & Wellness: $750,000 to Florida Atlantic University for Alzheimer's research; $195,000 to FLIPANY for prevention; $40,000 to Healthy Mothers, Healthy Babies; $5,000 to Alzheimer's Association of South Florida - Leadership & Entrepreneurship: $1.7 million to Take Stock in Children Palm Beach County (5-year); $365,000 to Achievement Centers for Children & Families Early Learning Program; $300,000 to Indaba Education Fund Inc. (3 grants) - Civic Innovation: $300,000 to 4 Kids of South Florida (3 grants); Sweet Dream Makers support; Catalyst Award program - Faith-Based Giving: Less publicly documented; listed as a core pillar
Geographically, an estimated 85-90% of grants flow to Palm Beach and Broward county-based organizations. Multi-year pledges exist but are capped at 3 years, contingent on annual performance. Single-year awards are the preferred structure. There is no support for general operating expenses — all awards target discrete, program-specific delivery.
The Carl Angus DeSantis Foundation occupies a peer group of independent private foundations in the $380-392 million asset range. The comparison below uses current IRS BMF data for assets and publicly available giving estimates.
| Foundation | Assets | Annual Giving | Primary Focus | Application | Location |
|---|---|---|---|---|---|
| Carl Angus DeSantis Foundation | ~$385M | ~$3.9M | Health, Civic, Leadership, Faith | Invitation/LOI | Delray Beach, FL |
| Richard H Driehaus Foundation | $386.7M | Est. $15M+ | Architecture, Civic, Arts, Education | Invitation/LOI | Chicago, IL |
| Omidyar Network Fund | $382.5M | Est. $50M+ | Democratic Engagement, Tech, Social | By Invitation | Redwood City, CA |
| Arison Arts Foundation | $381.2M | Unknown | Arts, Culture, Community | Unknown | FL |
| Offutt Family Foundation | $380.7M | Unknown | Community Development | Unknown | ND |
| Tosa Foundation | $391.6M | Unknown | Unknown | Unknown | CA |
The Carl Angus DeSantis Foundation's $3.9 million in annual giving represents roughly 1% of its ~$385 million in assets — well below the 5% minimum distribution required for private foundations, which would imply $19+ million annually at full compliance. This strongly suggests the foundation is in a growth and maturation phase, with annual giving likely to increase significantly as the asset base is deployed. By comparison, Omidyar Network at similar asset levels distributes an estimated 10-15x more annually, reflecting a more mature operational posture. The Driehaus Foundation also deploys assets more aggressively. For South Florida-focused nonprofits, the DeSantis Foundation's hyper-local Palm Beach/Broward mandate creates a less competitive landscape than national peers — the universe of eligible applicants is narrow, which increases the odds for well-aligned organizations.
The Carl Angus DeSantis Foundation entered 2025-2026 in an increasingly active and visible grantmaking posture. The most recent documented award — a $365,000 grant to Achievement Centers for Children & Families for its Early Learning Program — was presented in November 2025 and described as a "transformative" investment in South Florida early childhood education. This award signals growing emphasis on education access and school-readiness under the Leadership & Entrepreneurship pillar.
In August 2025, the foundation announced its second annual Catalyst Award, presented to Chuck Halberg of Delray Beach — founder of Stuart & Shelby Home Builders and president of Delray Citizens for Delray Police. Executive Director Jeff Perlman and President Tim Snow publicly discussed expanding scholarship programming for workforce education, suggesting a new program area may be formalized in 2026.
Earlier activity includes a $40,000 grant to Healthy Mothers, Healthy Babies, $195,000 to FLIPANY for prevention scaling, and previously disclosed major awards: $750,000 to Florida Atlantic University for Alzheimer's disease research (Health & Wellness) and a 5-year, $1.7 million commitment to Take Stock in Children Palm Beach County (Leadership & Entrepreneurship). Board composition remains family-anchored — Carl A. DeSantis, Dean DeSantis, and Deborah DeSantis serve alongside outside directors Jeffery Perlman and William H. Milmoe, with Tim Snow serving as President. No leadership changes have been publicly announced. Total giving has surpassed $10.5 million across 83 grants since the foundation's 2021 launch.
1. The LOI is your only door — treat it as a proposal. The foundation accepts no unsolicited applications. A Letter of Intent submitted at any time of year is the sole pathway to receiving an invitation to apply. Write it as a concise (1-2 page) strategic document: state your organization's name and 501(c)(3) status, the specific program you are proposing, the pillar it aligns with, the geographic service area (Palm Beach or Broward county), a specific dollar ask, and 2-3 measurable outcomes. Vague impact language is disqualifying.
2. Use the four pillars as alignment anchors. The foundation's language is specific: Civic Innovation, Faith-Based Giving, Health & Wellness, Leadership & Entrepreneurship. Mirror this language in your LOI and application. If your program touches multiple pillars, identify the primary one and lead with it.
3. Lead with community need data. The foundation explicitly favors proposals backed by "independent statistical evidence of community need." Pull census data, county health reports, or school district statistics specifically for Palm Beach or Broward county — ideally for the ZIP codes or neighborhoods you serve. Generic state or national statistics will not differentiate your proposal.
4. Call before submitting. The FAQ recommends contacting the foundation before submitting an LOI. Use this: call 561-278-1169 to introduce your organization, confirm current priorities align with your program, and get staff guidance on timing. This relationship investment pays dividends.
5. Time your LOI for a specific deadline cycle. Three deadlines govern the annual calendar: October 31, February 28, and June 30. Submit your LOI at least 60-90 days before your target deadline to allow staff time to review and issue an invitation. Target the October 31 cycle if you want to align with year-end giving decisions.
6. Prepare all eligibility documents in advance. Assemble before any outreach: IRS determination letter (501(c)(3) status dated within 10 years), proof of 3+ years of organizational operation, independent audit for the most recent completed fiscal year, and current board list. Missing any of these is grounds for rejection.
7. Request program-specific, time-bounded funding. General operating support, endowments, debt retirement, and promotional materials are explicitly excluded. Frame your ask as a discrete program with a defined timeline, deliverables, and evaluation methodology.
8. Prepare your board and finance team for a site visit. The field review process involves foundation officers, directors, and staff conferring with your professional staff, board/trustees, and accounting personnel. A polished, well-prepared site visit signals organizational credibility and readiness.
9. Never apply with an open report outstanding. The foundation will not process new requests until all reports on prior grants are filed. If you are a returning grantee, your 6-month and final reports are prerequisites for any new cycle.
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No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
The Carl Angus DeSantis Foundation has undergone extraordinary growth since its founding. In fiscal year 2020, total assets stood at just $1.4 million with $12,688 in total giving. By 2021, a $83.96 million contribution infusion propelled assets to $86 million and annual giving to $220,808. The foundation reached full operational capacity in fiscal year 2022-2023, recording $90.1 million in total assets and $3.94 million in total giving — with $3.8 million in actual grants paid in FY2022. Curren.
Carl Angus Desantis Foundation Inc. has distributed a total of $605K across 7 grants. The median grant size is $100K, with an average of $86K. Individual grants have ranged from $5K to $100K.
The Carl Angus DeSantis Foundation operates as a high-engagement, invitation-only private foundation rooted in South Florida philanthropy. Its giving philosophy reflects the entrepreneurial spirit of founder Carl A. DeSantis — who built Rexall Sundown into one of the largest vitamin manufacturers in the United States and made an early transformational investment in Celsius Energy Drinks — favoring leaders, innovators, and organizations that drive tangible community change. The foundation runs on.
Carl Angus Desantis Foundation Inc. is headquartered in DELRAY BEACH, FL. While based in FL, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| William H Milmoe | DIRECTOR | $0 | $0 | N/A |
| Deborah Desantis | DIRECTOR | $0 | $0 | N/A |
| Dean Desantis | DIRECTOR | $0 | $0 | N/A |
| Jeffery Perlman | DIRECTOR | $0 | $0 | N/A |
| Carl A Desantis | DIRECTOR | $0 | $0 | N/A |
Total Giving
$3.9M
Total Assets
$90.1M
Fair Market Value
N/A
Net Worth
$83.8M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
$6.5M
Distribution Amount
$4.4M
Total Grants
7
Total Giving
$605K
Average Grant
$86K
Median Grant
$100K
Unique Recipients
3
Most Common Grant
$100K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Indaba Education Fund IncCharitable | New York, NY | $100K | 2022 |
| 4 Kids Of South FloridaCharitable | Delray Beach, FL | $100K | 2022 |
| Alzheimer'S Association Of S FloridaCharitable | Clearwater, FL | $5K | 2021 |
WEST PALM BCH, FL
WEST PALM BCH, FL
POMPANO BEACH, FL