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Genspiration Foundation Inc. is a private corporation based in TAMPA, FL. The foundation received its IRS ruling in 2018. The principal officer is Noreen Segrest. It holds total assets of $29M. Annual income is reported at $14.2M. Total assets have grown from $656 in 2019 to $23.4M in 2023. The foundation is governed by 6 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 2020 to 2023. According to available records, Genspiration Foundation Inc. has made 10 grants totaling $1.1M, with a median grant of $76K. The foundation has distributed between $250K and $587K annually from 2021 to 2023. Grantmaking activity was highest in 2022 with $587K distributed across 6 grants. Individual grants have ranged from $3K to $250K, with an average award of $112K. The foundation has supported 6 unique organizations. Grants have been distributed to organizations in Florida and New York. Contributions to this foundation are tax-deductible.
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.
Genspiration Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 10 grants. Its grantmaking reaches organizations primarily in FL, NY.
Genspiration Foundation Inc. has distributed a total of $1.1M across 10 grants. The median grant size is $76K, with an average of $112K. Individual grants have ranged from $3K to $250K.
Genspiration Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Genspiration Foundation Inc. is headquartered in TAMPA, FL. While based in FL, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Segrest Noreen | CEO | $55K | $0 | $55K |
| Genshaft Judy L | BOARD OF DIRECTORS | $0 | $0 | N/A |
| Campbell Amelia M | BOARD OF DIRECTORS | $0 | $0 | N/A |
| Greenbaum Joel D | BOARD OF DIRECTORS | $0 | $0 | N/A |
| Greenbaum Steven I | BOARD OF DIRECTORS | $0 | $0 | N/A |
| Greenbaum Bryan | BOARD OF DIRECTORS | $0 | $0 | N/A |
Total Giving
$473K
Total Assets
$23.4M
Fair Market Value
$24.2M
Net Worth
$23.4M
Grants Paid
$287K
Contributions
$5.4M
Net Investment Income
$3.1M
Distribution Amount
$839K
Total: $15.3M
Total Grants
10
Total Giving
$1.1M
Average Grant
$112K
Median Grant
$76K
Unique Recipients
6
Most Common Grant
$3K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Memorial Sloan Kettering Cancer CenterGENERAL OPERATIONAL EXPENSES | New York, NY | $135K | 2023 |
| National Academy Of InventorsGENERAL OPERATIONAL EXPENSES | Tampa, FL | $77K | 2023 |
| Tampa Bay InnovationhubGENERAL OPERATIONAL EXPENSES | St Petersburg, FL | $75K | 2023 |
| Usf FoundationRESTRICTED CAPITAL EXPENDITURE | Tampa, FL | $231K | 2022 |
| Usf HillelGENERAL OPERATIONAL EXPENSES | Tampa, FL | $60K | 2022 |
| StageworksGENERAL OPERATIONAL EXPENSES | Tampa, FL | $3K | 2022 |
WEST PALM BCH, FL
WEST PALM BCH, FL
POMPANO BEACH, FL