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Carol B Phelon Foundation is a private trust based in FORT MYERS, FL. The foundation received its IRS ruling in 2017. It holds total assets of $17M. Annual income is reported at $5M. The foundation is governed by 2 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2017 to 2023. Grantmaking is concentrated in Florida. According to available records, Carol B Phelon Foundation has made 4 grants totaling $4.3M, with a median grant of $1.1M. The foundation has distributed between $978K and $2.3M annually from 2021 to 2023. Grantmaking activity was highest in 2022 with $2.3M distributed across 2 grants. Individual grants have ranged from $978K to $1.2M, with an average award of $1.1M. Grant recipients are concentrated in Florida. Contributions to this foundation are tax-deductible.
Smallest Grant
$2K
Median Grant
$8K
Average Grant
$11K
Largest Grant
$25K
Based on 88 grants from the most recent 990-PF filing.
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.
Carol B Phelon Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in FL.
Carol B Phelon Foundation has distributed a total of $4.3M across 4 grants. The median grant size is $1.1M, with an average of $1.1M. Individual grants have ranged from $978K to $1.2M.
Carol B Phelon Foundation typically selects its grantees rather than accepting unsolicited proposals.
Carol B Phelon Foundation is headquartered in FORT MYERS, FL.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Finemark Mational Bank Trust | TRUSTEE | $119K | $0 | $119K |
| Walter G Burkert | TRUSTEE | $91K | $0 | $91K |
Total Giving
$1.2M
Total Assets
$17M
Fair Market Value
$22M
Net Worth
$17M
Grants Paid
$1M
Contributions
N/A
Net Investment Income
$260K
Distribution Amount
$1M
Total: $15.8M
Total Grants
4
Total Giving
$4.3M
Average Grant
$1.1M
Median Grant
$1.1M
Unique Recipients
1
Most Common Grant
$1.2M
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| See Attached SchedulePROGRAM SUPPORT | Fort Myers, FL | $1M | 2023 |
WEST PALM BCH, FL
WEST PALM BCH, FL
POMPANO BEACH, FL