//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Spearman Foundation Inc. is a private corporation based in COCOA, FL. The foundation received its IRS ruling in 1997. The principal officer is Guy M Spearman Iii. It holds total assets of $1.1M. Annual income is reported at $97K. The foundation is governed by 3 officers and trustees. Make donations to support local charities and educational organizations. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. According to available records, Spearman Foundation Inc. has made 15 grants totaling $249K, with a median grant of $5K. Annual giving has decreased from $162K in 2021 to $56K in 2023. Individual grants have ranged from $1K to $113K, with an average award of $17K. The foundation has supported 9 unique organizations. Grant recipients are concentrated in Florida. Contributions to this foundation are tax-deductible.
Make donations to support local charities and educational organizations.
Make donations to support local charities and educational organizations. Based on available records, the foundation has funded 15 grants. Its grantmaking reaches organizations primarily in FL.
Spearman Foundation Inc. has distributed a total of $249K across 15 grants. The median grant size is $5K, with an average of $17K. Individual grants have ranged from $1K to $113K.
Spearman Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Spearman Foundation Inc. is headquartered in COCOA, FL.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Gary Runyan | TREASURER | $0 | $0 | N/A |
| Wilbur E Brewton | SECRETARY | $0 | $0 | N/A |
| Guy M Spearman Iii | PRESIDENT | $0 | $0 | N/A |
Total Giving
$117K
Total Assets
$1.1M
Fair Market Value
$688K
Net Worth
$1.1M
Grants Paid
$56K
Contributions
$39K
Net Investment Income
$43K
Distribution Amount
$62K
Total Grants
15
Total Giving
$249K
Average Grant
$17K
Median Grant
$5K
Unique Recipients
9
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Fsu BoostersEDUCATIONAL | Tallahassee, FL | $56K | 2023 |
| Florida State University FoundationEDUCATION | Tallahassee, FL | $9K | 2022 |
| Lauren'S KidsCHARITABLE | Hollywood, FL | $1K | 2022 |
| St Marks Episcopal ChurchCHARITABLE | Cocoa, FL | $25K | 2021 |
| Bcc FoundationEDUCTIONAL | Cocoa, FL | $5K | 2021 |
| United Way Of BrevardCHARITABLE | Cocoa, FL | $1K | 2021 |
| Eastern Florida State CollegeEDUCATIONAL | Cocoa, FL | $1K | 2021 |
| Fit FoundationEDUCATIONAL | Melbourne, FL | $1K | 2021 |
| The Children'S Hunger ProjectCHARITABLE | Cocoa, FL | $1K | 2021 |
WEST PALM BCH, FL
WEST PALM BCH, FL
POMPANO BEACH, FL