The Foundation United is a 501(c)(3) organization based in Sarasota, Florida, registered in 2018, with $625,081 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$625K
▼ 35.1% vs prior year
Public Safety median: $166K
Expenses (FY2024)
$775K
Net assets
$455K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for The Foundation United— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For The Foundation United: 7 mo reserves · -24% margin earns a C+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for The Foundation United— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For The Foundation United: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $1.3M (FY2019) to $625K (FY2024) across 6 reported years.
Financial snapshot
Operating margin
-24.0%
Spent more than it raised in the latest fiscal year.
Total assets
$541K
Total liabilities
$86K
Net assets
$455K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $625,081▼35.1% | $775,096▼57.7% | $454,585▼24.8% | $540,678▼23.6% | 990 |
| 2023 | $963,453▼43.2% | $1,830,496▼3.7% | $604,600▼58.9% | $708,130▼52.5% | 990 |
| 2022 | $1,695,735▼28.2% | $1,901,162▲25.4% | $1,471,643▼11.6% | $1,489,828▼11.7% | 990 |
| 2021 | $2,362,929▲123% | $1,516,509▲128% | $1,665,376▲103% | $1,686,472▲101% | 990 |
| 2020 | $1,061,683▼16.6% | $663,877▼22.1% | $819,226▲94.4% | $837,208▲85.9% | 990 |
| 2019 | $1,273,218 | $851,798 | $421,420 | $450,310 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
24 grants to The Foundation United totaling $2.5M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Impact Investing Charitable Foundation Inc | Humanitarian help | 2024 | $125,000 |
| American Endowment Foundation | Human service | 2024 | $10,000 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2023 | $125,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $110,000 |
| The Chicago Community Trust | General support for programs, operations and other charitable purposes | 2023 | $40,000 |
| American Endowment Foundation | Human service | 2023 | $10,000 |
| Community Foundation of Sarasota County Inc | General support | 2023 | $8,617 |
| American Endowment Foundation | General operating support | 2022 | $200,000 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2022 | $125,000 |
| National Christian Charitable Foundation | Justice | 2022 | $108,000 |
| National Christian Charitable Foundation | Justice | 2022 | $108,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $61,000 |
| Donor Advised Charitable Giving | Human services | 2022 | $10,200 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $52,800 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $52,800 |
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Data for The Foundation United (EIN 83-0572687) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.