The Gorfine Foundation INC

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A private foundation based in Baltimore, MD. It reported about $55K in revenue for 2025. For fiscal year 2025 it reported $55K in revenue, $58K in expenses, and $372K in net assets.Pt I

Type: Private foundation / grantmaker · Nonprofit
Location: Baltimore, MD
Filings: 6 on file (2020–2025)

Revenue

$55KFY2025

Expenses

$58K

Net assets

$372K

People

Filings

Updates

More identity details & actions ⌄

EIN 52-6034786 Private foundation / grantmaker Baltimore, MD

Form 990 (PDF)

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Size

<$100K

What they do

A private foundation based in Baltimore, MD. It reported about $55K in revenue for 2025.

Leadership

Nanci Seff · Pres

Money in and out

$55K revenue, $58K expenses

Bottom line

—

Grants paid & assets · FY2025

Total revenue

$55K

Pt VIII · Ln 12

Total expenses

$58K

Pt IX · Ln 25

Net assets

$372K

Pt X · Ln 32

Revenue less expenses (Pt I · Ln 19): −$4K

Total assets

372K

deployed as grants and operations

Grants paid

45K

in FY2025

Grants made

22grants

total in period

Payout rate

12%

of assets (5% rule)

Who They Fund

Part XV · grants paid · 22 grants · $45K · 2025–2025

Associated Jewish Community Federation of BaltimoreFY2025$25,000

Jewish National FundFY2025$4,000

Project LegacyFY2025$2,000

Channel One Food BankFY2025$2,000

Jemicy SchoolFY2025$1,500

Lakewood Ranch High SchoolFY2025$1,000

Shriners Hospital for ChildrenFY2025$1,000

Legal Aid BureauFY2025$1,000

Freedom Guide DogsFY2025$1,000

Edward Myerburg Senior CenterFY2025$1,000

Disability Rights Maryland INCFY2025$1,000

Casey Cares FoundationFY2025$1,000

Torah Institute of BaltimoreFY2025$600

American Cancer SocietyFY2025$500

Humane Society of Manatee CountyFY2025$500

FidfFY2025$500

American Red CrossFY2025$500

John Hopkin Children CenterFY2025$400

See all 22 grants →

Grantmaking Profile

Patterns in foundation giving

Average grantPart XV$2K

Median grantPart XV$1K

Largest grantPart XV$25K

Summary of the Filing

Part I · fiscal year 2025 · Form 990-PF

Revenue

$55K

FY2025▲ +106%

Expenses

$58K

FY2025▼ -6%

Total assets

$372K

FY2025▼ -0.9%

Total liabilities

FY2025

Total revenue

$55K

Pt VIII · Ln 12

Total expenses

$58K

Pt IX · Ln 25

Net assets

$372K

Pt X · Ln 32

Total assetsPt II$372K

Identity & Classification

Form 990 Header · IRS Business Master File

Legal nameHdr · item CThe Gorfine Foundation INC

EINHdr · item D52-6034786

Principal addressHdr · item CBaltimore, MD

WebsiteHdr · item Jnone reported

State of legal domicileHdr · item MMD

Exempt statusHdr · item I501(c)(3) · active

NTEE classificationIRS BMFNonprofit

Ruling yearIRS BMFJul 1949

Governance & Policies

Part VI

Voting members of the governing bodyPt VI · Ln 1apending

Independent voting membersPt VI · Ln 1bpending

Conflict-of-interest policyPt VI · Ln 12a—

Whistleblower policyPt VI · Ln 13—

Document retention policyPt VI · Ln 14—

CEO/top-official compensation independently reviewedPt VI · Ln 15a—

Family or business relationships among officers/directorsPt VI · Ln 2—

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation

Nanci Seff

Pres

$0Pt VII · Sec A

Edward Manekin

Trustee

$0Pt VII · Sec A

Sanford Schreiber

Vp-Sec-Treas

$0Pt VII · Sec A

Steven Manekin

Trustee

$0Pt VII · Sec A

See The Gorfine Foundation INC executive salaries →

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Statement of Revenue

Part VIII

Investment income100%$55K

Total revenueLn 12$55K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising

Allocation · columns B–D

78%

22%

Grants & contributions paid $0.78 Operating & administrative $0.22

Grants & contributions paid78%$45K

Operating & administrative22%$13K

Total functional expensesLn 25$58K

Balance Sheet

Part X · end of year

CashLn 1$14K

Total assetsLn 16$372K

Total liabilitiesLn 26$0

Total net assetsLn 32$372K

Months of cash on handcomputed2.9

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it

Liquidity & Payout

Payout rate

Grants paid $0 · Total assets $372K

Where the money comes from

Contribution dependence

Contributions & grants — · Total revenue $55K

—

Government reliance

not reported

Earned-income share

not reported

Investment reliance

Investment income $0 · Total revenue $55K

Program self-sufficiency

not reported

Growth & trend

Revenue growth (YoY)

This year $55K · Prior year $27K

+106%

Revenue CAGR

FY2020 $38K · FY2025 $55K

+7%

Net-asset trend (YoY)

End of year $372K · Beginning of year —

Beginning net assets not meaningfully positive — showing dollar change

Balance sheet

Surplus Margin

Revenue $55K · Expenses $58K

-6%

Liabilities-to-Assets

Total liabilities — · Total assets $372K

—

Net-asset ratio

Net assets $372K · Total assets $372K

100%

People & payroll

Highest Reported Total Compensation

Individual Nanci Seff · Reported title PRES · Highest reported compensation $0 · Total expenses $58K

Personnel share

not reported

Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

Metric	This org	Peer median	Percentile
Revenue growth	106%	—	—

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

FY2025 (Latest)$55K revenue · viewing · ⤓ 990 PDF

FY2024$27K revenue · ⤓ 990 PDF

FY2023$30K revenue · ⤓ 990 PDF

FY2022$22K revenue · ⤓ 990 PDF

FY2021$65K revenue · ⤓ 990 PDF

FY2020$38K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings

Form 990 e-file (XML) · FY2025IRS

Classification, formation year, addressIRS Business Master File

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