Triumph Gulf Coast Inc

TALLAHASSEE, FL EIN: 82-1840264 Website

TRIUMPH GULF COAST, INC. IS A NONPROFIT CORPORATION ORGANIZED TO OVERSEE THE EXPENDITURE OF 75 PERCENT OF ALL FUNDS RECOVERED BY THE FLORIDA ATTORNEY GENERAL FOR ECONOMIC DAMAGES TO THE STATE THAT RESULTED FROM THE 2010 DEEPWATER HORIZON OIL SPILL. TRIUMPH GULF COAST, INC., IS REQUIRED TO ADMINISTER THE DISTRIBUTION OF THE FUNDS TO BE USED FOR THE RECOVERY, DIVERSIFICATION, AND ENHANCEMENT OF THE EIGHT NORTHWEST FLORIDA COUNTIES DISPROPORTIONATELY AFFECTED BY THE OIL SPILL. THOSE COUNTIES INCLUDE ESCAMBIA, SANTA ROSA, OKALOOSA, WALTON, BAY, GULF, FRANKLIN AND WAKULLA.

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$617.7M

+4.3% YoY

Annual Giving

$87.3M

+68.1% YoY

Grant Count

27

+58.8% YoY

Avg Grant Size

$3.2M

+5.9% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$31M$62M$93M$124M20202021202220232024
Metric202420232022
Total Assets$617,674,364$592,362,789$544,199,482
Revenue$113,038,235$96,800,588$85,000,000
Expenses$88,313,540$52,834,774$35,783,003
Qualifying Distributions
Net Investment Income$33,038,235$16,800,588
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$22M$44M$65M$87M14 grants202018 grants202119 grants202217 grants202327 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

OKALOOSA COUNTY BOARD OF…$32.5MWAKULLA COUNTY SCHOOL BO…$11.7MNORTHWEST FLORIDA STATE …$8.4MIHMC CENTER$5.7MSANTA ROSA COUNTY BOARD …$4.4MPENSACOLA INTERNATIONAL …$4.3MOKALOOSA TECHNICAL COLLEGE$3.7MFSU MARINE LAB$2.3MWAKULLA COUNTY BOARD OF …$2.3MSANTA ROSA COUNTY BOARD …$1.5M

Grant Size Distribution

95 grants across all recorded years

5<$50K13$50–100K12$100–250K11$250–500K9$500K–1M32$1–5M13$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Triumph Gulf Coast Inc fund?

Explore the funder–grantee relationships behind this foundation, powered by GrantGraph™ — our database of 11 million+ funding connections.

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

SUSAN SKELTONEXECUTIVE DIRECTOR$120K

From 2024 filing

NameTitleHoursCompensation
DAVID M BEARCHAIR5
J COLLIER MERRILLVICE CHAIR5
REYNOLDS HENDERSONTREASURER5
BRYAN A CORR SRBOARD MEMBER5
DAVID L HUMPHREYSBOARD MEMBER5
JAY TRUMBULL SRBOARD MEMBER5
LESLIE WEISSBOARD MEMBER5
SUSAN SKELTONEXECUTIVE DIRECTOR40$120,000

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

1states

States

Cities

ApalachicolaBrandonCrawfordvilleDefuniak SpringsEastpointFort Walton BeachMiltonNicevillePanama CityPensacolaPort St JoeShalimarTallahassee

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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