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The Posey Family Foundation is a private corporation based in PEBBLE BEACH, CA. The foundation received its IRS ruling in 2003. The principal officer is % Ernest Posey. It holds total assets of $4.3M. Annual income is reported at $532K. The foundation operates in the area of philanthropy & grantmaking. According to available records, The Posey Family Foundation has made 6 grants totaling $1.5M, with a median grant of $320K. Annual giving has grown from $233K in 2020 to $407K in 2023. Grantmaking activity was highest in 2022 with $870K distributed across 4 grants. Individual grants have ranged from $85 to $435K, with an average award of $252K. The foundation has supported 2 unique organizations. Grant recipients are concentrated in California. Contributions to this foundation are tax-deductible.
The Posey Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 6 grants. Its grantmaking reaches organizations primarily in CA.
The Posey Family Foundation has distributed a total of $1.5M across 6 grants. The median grant size is $320K, with an average of $252K. Individual grants have ranged from $85 to $435K.
The Posey Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
The Posey Family Foundation is headquartered in PEBBLE BEACH, CA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Ernest M Posey | CEO & CFO | $0 | $0 | $0 |
| Gunde Posey | SECRETARY | $0 | $0 | $0 |
Total Giving
$424K
Total Assets
$4.3M
Fair Market Value
$10.1M
Net Worth
$4.3M
Grants Paid
$407K
Contributions
$4K
Net Investment Income
$411K
Distribution Amount
$391K
Total: $4.3M
Total Grants
6
Total Giving
$1.5M
Average Grant
$252K
Median Grant
$320K
Unique Recipients
2
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Schwab Charitable FundGENERALFUND/CHARITABLE GIFT | San Francisco, CA | $407K | 2023 |
| Huntington HospitalGENERALFUND/CHARITABLE GIFT | Pasadena, CA | $85 | 2022 |
| 2018 | 990PF | View |
| 2016 | 990PF | View |
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