About Pines of Sarasota Healthcare
The mission of Pines of Sarasota, a not-for-profit organization, is to offer individuals a fulfilling life in a rehabilitation and senior care community that satisfies their health and lifestyle needs, all with the confidence of knowing they will always be secure, well-cared for, and welcomed. The Pines of Sarasota Foundation secures funding to provide compassionate care, vital resources, and financial assistance for the seniors, children, and the community we serve.
Focus Areas
Elder careSkilled nursingRehabilitation servicesMemory care/Alzheimer's careNursing education (CNA, LPN)Child care and early educationIntergenerational programsMedical equipmentCapital improvements and campus development
Who They Fund
low-income individualslow-income families
About Pines of Sarasota Healthcare
Pines of Sarasota Healthcare LLC directed nearly all of its 2024 giving to one purpose: low-income care in Sarasota. The largest recent grant, $41,428,798, went to Pines of Sarasota Inc for assistance with low-income care, showing how closely the foundation’s grantmaking is tied to the Pines of Sarasota community and its resident support mission. A second 2024 grant of $1,764,756 went to 1100 Central Avenue Corporation for the same purpose. The foundation’s public profile points to a care-centered structure rather than broad, open-ended philanthropy: its stated mission is to secure funding for compassionate care, vital resources, and financial assistance for seniors, children, and the broader community it serves. Its focus areas include elder care, skilled nursing, rehabilitation services, memory care and Alzheimer’s care, nursing education, child care and early education, intergenerational programs, medical equipment, and campus improvements. That combination suggests a funder organized around direct service and targeted assistance, with grantmaking aligned to the operating needs of a senior care and rehabilitation community.
What Pines of Sarasota Healthcare Funds
A core theme in the foundation’s giving is low-income care support. In 2024, it awarded $41,428,798 to Pines of Sarasota Inc to assist with low-income care, tying grant dollars directly to resident support within the Pines of Sarasota community. The second-largest grant, $1,764,756 to 1100 Central Avenue Corporation, was also designated to assist with low-income care. Beyond that central purpose, the foundation’s stated focus areas extend into elder care and skilled nursing, reflecting a health-care orientation rather than a broad community grantmaker. It also lists rehabilitation services and memory care and Alzheimer’s care, which places clinical and long-term care needs within its giving profile. Nursing education, including CNA and LPN training, appears among the named priorities as well, indicating attention to the workforce that supports care delivery.
How Pines of Sarasota Healthcare Gives
The foundation’s 2024 grants show a very wide grant-size spread, with p25 at $11,680,766, median at $21,596,777, and p75 at $31,512,788. That distribution is consistent with large, project-linked transfers rather than a high-volume small-grant pattern. The recent grants list also shows a narrow recipient set, with both 2024 grants tied to Sarasota organizations and the same care-support purpose. The foundation is structured as an LLC, and its stated program is Mission Fund (Pines of Sarasota Foundation). It does not fund individuals and is marked as not making program-related investments. The program also does not accept unsolicited applications.
Financial Snapshot
Annual Giving
$43.2M
Total Assets
$9.2M
Total Revenue
$30.9M
Total Expenses
$68.5M
Typical Grant Size
Most grants fall between $11.7M and $31.5M, with a median of $21.6M.
25th Percentile
$11.7M
Median
$21.6M
75th Percentile
$31.5M
Geographic Reach
Local1 state funded
About 100% of grants go to recipients in FL.
Funding intensity
LowHigh
Headquarters
Leadership
MICHAEL WARD
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