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Private Foundation · FL

Quantum Foundation Inc

West Palm Bch, FL  ·  EIN 590812783  ·  Website ↗  ·  990s on ProPublica ↗

Assets

$171.2M

Total Giving

$17.9M

Grants on File

669

Average Grant

$27K

Giving Radius

Where Quantum Foundation Inc Has Given

AK — no grants on file AL — no grants on file AR — no grants on file AZ — no grants on file CA — $8K across 3 grants CO — no grants on file CT — no grants on file DC — no grants on file DE — no grants on file FL — $17.8M across 663 grants GA — no grants on file HI — no grants on file IA — no grants on file ID — no grants on file IL — no grants on file IN — no grants on file KS — no grants on file KY — no grants on file LA — no grants on file MA — no grants on file MD — no grants on file ME — no grants on file MI — no grants on file MN — no grants on file MO — no grants on file MS — no grants on file MT — no grants on file NC — no grants on file ND — no grants on file NE — no grants on file NH — no grants on file NJ — no grants on file NM — no grants on file NV — no grants on file NY — $3K across 3 grants OH — no grants on file OK — no grants on file OR — no grants on file PA — no grants on file RI — no grants on file SC — no grants on file SD — no grants on file TN — no grants on file TX — no grants on file UT — no grants on file VA — no grants on file VT — no grants on file WA — no grants on file WI — no grants on file WV — no grants on file WY — no grants on file
Historical grants to 376 recipients across 3 states. Top concentrations: WEST PALM BEACH ($6.2M, 238 grants), BOYNTON BEACH ($2.0M, 38 grants), LAKE WORTH ($1.6M, 44 grants), PALM BEACH GARDENS ($1.6M, 36 grants), RIVIERA BEACH ($1.4M, 45 grants).

Section I

How to Apply

Application process begins when a letter of inquiry is submitted using our online grant system. All letters of inquiry are reviewed and notification is sent for the submission of a full proposal if the organization's proposed project matches our vision and mission. Instructions about the requirements and the due date for submission will be provided.

On Unsolicited Proposals yes

Restrictions

Grants are made to organizations classified as tax-exempt under 501(c)(3) of the Internal Revenue Code. Grants are also made to tax supported institutions, such as colleges and universities, local tax district and some governmental agencies. All grants must benefit the community of Palm Beach County, Florida. Unsolicited requests for grants are accepted. Grants are not provided to individuals.

Section IV

Recent Grants

Recipient Amount Year
Cancer Alliance of Help and Hope INC $4K 2020
Atlantic Classical Orchestra $7K 2020
Buccan Provisions $16K 2020
Boys & Girls Clubs of Palm Beach County $15K 2020
Arms of Hope Community INC $18K 2020
Arthur I Meyer Jewish Academy $12K 2020
Anti-Defamation League $10K 2020
Bella's Angels $15K 2020
Bi-Wi Because I'M Worth It Intl INC $2K 2020
Big Heart Brigade $5K 2020
Area Agency on Aging Palm Beachtreasure Coast $10K 2020
Adiva Cares Foundation $5K 2020
Ahop a Way Community Outreach INC $5K 2020
Adopt-A-Family $40K 2020
A&A Workforce INC $6K 2020
A Different Shade of Love $5K 2020
American Cancer Society $60K 2020
Angel Flight Southeast $10K 2020
Alzheimer's Community Care INC $60K 2020
A Barry Safe Place $5K 2020
Back to Basics $10K 2020
Balanced Living Mentorship $33K 2020
Angels for Friends Corp $8K 2020
American Heart Association $2K 2020
Carebag INC $28K 2020

Page 1 of 27 · 669 total

Section V

Board of Directors

  • ERIC M KELLY PRESIDENT
  • JOE PASKOSKI CFO/VP OF ADMINISTRATION
  • RANDY SCHEID CHIEF STRATEGY OFFICER
  • BRIAN KIRKPATRICK CHAIRMAN
  • DR RONALD ROMEAR VICE CHAIR
  • DANIEL ALBERTTIS TRUSTEE
  • JEANNETTE M CORBETT TRUSTEE
  • MICHAEL J DIXON TRUSTEE
  • SHAUN MCGRUDER TRUSTEE
  • WILLIAM A MEYER TRUSTEE
  • STEPHEN C MOORE TRUSTEE
  • DR GERALD J O'CONNOR TRUSTEE
  • ETHEL ISAACS WILLIAMS TRUSTEE
  • ERIC M KELLY PRESIDENT
  • JOE PASKOSKI CFO/VP OF ADMINISTRATION
  • RANDY SCHEID CHIEF STRATEGY OFFICER
  • BRIAN KIRKPATRICK CHAIRMAN
  • DR RONALD ROMEAR VICE CHAIR
  • ANTHONY J MCNICHOLAS EMERITUS TRUSTEE
  • DANIEL ALBERTTIS TRUSTEE
  • DR GERALD J O'CONNOR TRUSTEE
  • DR KARL DHANA TRUSTEE
  • JAMES P KINTZ EMERITUS TRUSTEE
  • JEANNETTE M CORBETT TRUSTEE
  • MICHAEL J DIXON TRUSTEE
  • MICHELE JACOBS TRUSTEE
  • SHAUN MCGRUDER TRUSTEE
  • STEPHEN C MOORE TRUSTEE
  • WILLIAM A MEYER TRUSTEE
  • YOLETTE BONNET TRUSTEE
  • ETHEL ISAACS WILLIAMS TRUSTEE
  • DR GERALD J O'CONNOR CHAIRMAN
  • DANIEL ALBERTTIS TRUSTEE
  • JEANNETTE M CORBETT TRUSTEE
  • MICHAEL J DIXON TRUSTEE
  • JAMES P KINTZ TRUSTEE
  • BRIAN KIRKPATRICK VICE CHAIRMAN
  • ANTHONY J MCNICHOLAS III ESQ TRUSTEE
  • WILLIAM A MEYER TRUSTEE
  • STEPHEN C MOORE TRUSTEE
  • DR RONALD ROMEAR TRUSTEE
  • ERIC M KELLY PRESIDENT
  • JOE PASKOSKI CFO/VP OF ADMINISTRATION
  • RANDY SCHEID CHIEF STRATEGY OFFICER

Section VI

Filing History

Year-by-year financial summary from IRS 990-PF filings. Total assets and qualifying distributions show the foundation's growth and giving trajectory.

Year Total Assets Qualifying Distributions Total Revenue Total Expenses
2022 $148.7M $7.6M $5.8M $9.6M
2021 $185.2M $8.7M $17.3M $9.5M
2020 $176.2M $7.2M $13.7M $10.7M
2019 $160.6M $7.1M $10.9M $8.2M
2015 $142.2M $7.1M $10.4M $8.8M
2014 $153.5M $7.4M $8.3M $9.8M
2013 $155.9M $6.9M $15.1M $10.9M
2012 $139.5M $6.5M $4.3M $7.5M
2011 $132.1M $6.7M $7.5M $9.2M

Section VII

Foundations Like This One

Similar in focus area, location, and asset size. Worth researching as part of the same campaign.