Admirals Cove Foundation Inc
ADMIRALS COVE FOUNDATION IS THE COMMUNITY PHILANTHROPIC FOUNDATION OF THE RESIDENTS OF THE CLUB AT ADMIRALS COVE. OUR MISSION IS TO IMPROVE LIVES THROUGH A VITAL CULTURE OF GIVING. WE FOCUS ON THE MOST NEEDY IN PALM BEACH COUNTY BY SUPPORTING LOCAL NONPROFIT ORGANIZATIONS.
Financial Overview
From 2025 IRS Form 990-PF
Total Assets
$1.4M
+35.7% YoY
Annual Giving
$3.4M
-7.1% YoY
Grant Count
74
+4.2% YoY
Avg Grant Size
$47K
-10.9% YoY
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Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $1,395,687 | $1,028,341 | $769,600 |
| Revenue | $4,254,445 | $4,350,084 | $3,228,168 |
| Expenses | $4,047,790 | $4,100,239 | $2,947,841 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $37,493 | $34,677 | — |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
Grant Size Distribution
336 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does Admirals Cove Foundation Inc fund?
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ERIC BECKER | PRESIDENT | — | — |
| NANCY BUSH | BOARD MEMBER | — | — |
| SUZANNE CARROLL | VICE PRESIDE | — | — |
| CHARLES EZRINE | ASSISTANT TR | — | — |
| ANDY KAHN | BOARD MEMBER | — | — |
| MARGOT LESSANS | SECRETARY | — | — |
| JOE MCCART | BOARD MEMBER | — | — |
| JILL RIEHL | TREASURER | — | — |
| ERICA SCHERZER | BOARD MEMBER | — | — |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
States
Cities
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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