Open Foundations · Florida

Quantum Foundation Inc

West Palm Bch, Florida · EIN 590812783. Its Form 990-PF says giving is not restricted to organizations picked in advance, which is how a private foundation files that it accepts unsolicited requests. It paid $5.8M across 233 grants in 2024, a median of $10K each.

All Florida foundations · All states

$5.8M
paid in 2024
233
grants paid
$10K
median grant
16%
to first-time recipients
$171.2M
assets on file

How to apply, as filed

Straight off Part XV of the return. Where the foundation left a line blank, this says so rather than guessing.

Send requests to
NATHANIEL S COUSINEAU
Address
500 COLUMBIA DRIVE SUITE 101, WEST PALM BEACH, FL, 33409
Phone
5618327497
Form the request should take
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 ORGANIZATIONS PROPOSED PROJECT MATCHES OUR VISION AND MISSION. INSTRUCTIONS ABOUT THE REQUIREMENTS AND THE DUE DATE FOR SUBMISSION WILL BE PROVIDED.
Submission deadline
SEE OUR WEBSITE FOR GRANT SUBMISSION DEADLINES.
Restrictions on awards
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.

As filed on the Form 990-PF for tax year 2024, IRS filing object id 202523219349106497. Printed word for word, including the entries that only say to see a website or an attachment.

What it funds, in its own words

The filing states only a general purpose, with nothing specific enough to pull out as recurring language.

Biggest grants in 2024

The 15 largest of the 233 grants paid in 2024, with the purpose the foundation wrote for each.

#RecipientStateAmountPurpose as filed
1Foundcare IncFL$500,500GENERAL FUNDING
2Center for Child Counseling IncFL$250,000GENERAL FUNDING
3Feeding South FloridaFL$250,000GENERAL FUNDING
4Genesis Community Health IncFL$150,000GENERAL FUNDING
5Promise Fund of FloridaFL$146,668GENERAL FUNDING
6Northend RiseFL$130,000GENERAL FUNDING
7Farm Share IncFL$125,000GENERAL FUNDING
8Pathways to Prosperity IncFL$110,000GENERAL FUNDING
9Florida Introduces Physical Activity and Nutrition to Youth IncorporatedFL$100,000GENERAL FUNDING
10The Lord's PlaceFL$100,000GENERAL FUNDING
11The Salvation ArmyFL$100,000GENERAL FUNDING
12Rose Transportation Services IncFL$90,000GENERAL FUNDING
13Adopt-a-family of the Palm Beaches IncFL$80,000GENERAL FUNDING
14Florida State University Research Foundation IncFL$75,000GENERAL FUNDING
15Meals on Wheels of the Palm Beaches IncFL$75,000GENERAL FUNDING

Giving by year, and who received it

Grants paid by year

Every year of this foundation's grants that Civly holds
Tax yearGrantsPaid
2020233$5.5M
2021227$6.9M
2022209$5.5M
2023229$5.7M
2024233$5.8M

Where the money went

Share of 2024 grant dollars by recipient state
Florida97%
Georgia1%
North Carolina0%
California0%
Maryland0%

Who decides

Officers, directors and trustees as filed, with the year of the return they appeared on.

Bradley HurtsonTRUSTEE · 2024
Brian KirkpatrickCHAIRMAN · 2024
Daniel AlberttisTRUSTEE · 2024
Dr Gerald J O'connorTRUSTEE · 2024
Dr Karl DhanaTRUSTEE · 2024
Dr Ronald RomearVICE CHAIR · 2024
Eric M KellyPRESIDENT · 2024
Jeannette M CorbettTRUSTEE · 2024
Joe PaskoskiCFO/VP OF ADMINISTRATION · 2024
Michael J DixonTRUSTEE · 2024
Michele JacobsTRUSTEE · 2024
Shaun McgruderTRUSTEE · 2024
Stephen C MooreTRUSTEE · 2024
William a MeyerTRUSTEE · 2024
Yolette BonnetTRUSTEE · 2024

Every figure on this page is that foundation's own latest filed year, which is 2022 or later. This foundation is listed because its Form 990-PF says it does not restrict giving to preselected organizations and it paid at least 5 grants totaling $100K or more that year. Latest-year grants and terms per foundation from IRS 990-PF e-file returns; the newest tax year is partial until the IRS finishes releasing it. Grants are de-duplicated on funder, year, recipient and amount, so identical repeat grants collapse into one and totals can run low. Full method.

Source: IRS Form 990-PF e-file releases (public domain). Analysis: Civly.

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