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Proffitt Brothers Foundation Inc. is a private corporation based in ROCKVILLE, MD. The foundation received its IRS ruling in 2019. It holds total assets of $4K. Annual income is reported at $7K. Total assets have decreased from $10K in 2019 to $4K in 2024. The foundation is governed by 1 officer or trustee. American heroes benefit - to support america's veterans, service-members and their families and raise money for veterans charitable organizations. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2018 to 2024. Funding is distributed across 5 states, including Maryland, Virginia, District of Columbia. According to available records, Proffitt Brothers Foundation Inc. has made 20 grants totaling $191K, with a median grant of $9K. Annual giving has grown from $13K in 2020 to $26K in 2023. Grantmaking activity was highest in 2021 with $112K distributed across 8 grants. Individual grants have ranged from $2K to $42K, with an average award of $10K. The foundation has supported 11 unique organizations. The foundation primarily supports organizations in Maryland, Pennsylvania, Virginia, which account for 85% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$3K
Median Grant
$10K
Average Grant
$14K
Largest Grant
$42K
Based on 8 grants from the most recent 990-PF filing.
American heroes benefit - to support america's veterans, service-members and their families and raise money for veterans charitable organizations
Expenses: $143K
American heroes benefit - to support america's veterans, service-members and their families and raise money for veterans charitable organizations. Based on available records, the foundation has funded 20 grants. Its grantmaking reaches organizations primarily in MD, PA, VA.
Proffitt Brothers Foundation Inc. has distributed a total of $191K across 20 grants. The median grant size is $9K, with an average of $10K. Individual grants have ranged from $2K to $42K.
Proffitt Brothers Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Proffitt Brothers Foundation Inc. is headquartered in ROCKVILLE, MD. While based in MD, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Vincent Proffitt | PRESIDENT | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$4K
Fair Market Value
N/A
Net Worth
$4K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
20
Total Giving
$191K
Average Grant
$10K
Median Grant
$9K
Unique Recipients
11
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Live Water FoundationTO SUPPORT THE INITIATIVES OF GIVING BACK TO VETERANS AND UNDERPRIVILEGED AND DISABLED YOUTH BY FACILITATING WATERSPORTS PROGRAMS AND KEEPING WATERWAYS CLEAN | Annapolis, MD | $10K | 2023 |
| K9s For WarriorsGENERAL | Ponte Vedra, FL | $5K | 2023 |
| Valhalla Sailing Project LtdFOR SUPPORT OF PROGRAM CONNECTING WOUNDED, DISABLED AND TRANSITIONING VETERANS TO PROMOTE WELL-BEING AND ADDRESS ISSUES SURROUNDING VETERAN SUICIDE. | Annapolis, MD | $5K | 2023 |
| For 3 SistersTO RAISE AWARENESS AND IMPROVE THE LIVES OF PEOPLE AFFECTED BY BREAST CANCER | Olney, MD | $3K | 2023 |
| Heros Supporting HerosTO SUPPORT THE MISSION OF PROVIDING STABLE AND SAFE HOUSING FOR MILITARY MEMBERS AND THEIR FAMILIES, SENIOR CITIZENS AND OTHERS IN NEED | Oakdale, PA | $2K | 2023 |
| Naptown EventsGENERAL | Annapolis, MD | $2K | 2023 |
| 7 Benefit LtdGENERAL | Reston, VA | $6K | 2022 |
| Lost Dog & Cat Rescue FoundationSUPPORT ORGANIZATION MISSION TO HELP HOMELESS PETS FIND THEIR WAY INTO LOVING HOMES THROUGH RESCUE AND ADOPTION. | Falls Church, VA | $10K | 2021 |
| Derek Sheely FoundationTO SUPPORT THE PURPOSE OF INCREASING AWARENESS AND RESEARCH OF CONCUSSIONS AND TRAUMATIC BRAIN INJURIES | Germantown, MD | $10K | 2021 |
| Lukes WingsSUPPORT OF ASSISTANCE WITH EMERGENCY TRAVEL PLANNING SERVICES FOR THE FAMILIES AND LOVED ONES OF WOUNDED, ILL AND INJURED SERVICE MEMBERS, VETERANS AND FALLEN OFFICERS DURING HOSPITAL RECOVERY AND REHABILITATION. | Washington, DC | $9K | 2021 |
| Air Force Academy FoundationTO SUPPORT THE UNITED STATES OF AMERICA, THE UNITED STATES AIR FORCE, THE UNITED STATES AIR FORCE ACADEMY, AND THE GRADUATE COMMUNITY | Usaf Academy, CO | $9K | 2021 |