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
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 |
|---|---|---|
| Tequesta, FL | $4K | 2020 |
| Fort Pierce, FL | $7K | 2020 |
| Palm Beach, FL | $16K | 2020 |
| West Palm Beach, FL | $15K | 2020 |
| Lake Worth, FL | $18K | 2020 |
| West Palm Beach, FL | $12K | 2020 |
| Boca Raton, FL | $10K | 2020 |
| Wellington, FL | $15K | 2020 |
| Royal Palm Beach, FL | $2K | 2020 |
| Palm Beach Gardens, FL | $5K | 2020 |
| West Palm Beach, FL | $10K | 2020 |
| West Palm Beach, FL | $5K | 2020 |
| West Palm Beach, FL | $5K | 2020 |
| North Lake Worth, FL | $40K | 2020 |
| West Palm Beach, FL | $6K | 2020 |
| Lake Worth, FL | $5K | 2020 |
| Palm Beach, FL | $60K | 2020 |
| Leesburg, FL | $10K | 2020 |
| West Palm Beach, FL | $60K | 2020 |
| West Palm Beach, FL | $5K | 2020 |
| Wellington, FL | $10K | 2020 |
| Pahokee, FL | $33K | 2020 |
| Loxahatchee, FL | $8K | 2020 |
| West Palm Beach, FL | $2K | 2020 |
| Port St Lucie, FL | $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.