The Sciortino Foundation INC

Tax-deductible

Kensington, MD501(c)(3)EIN 65-0018049

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501(c)(3) charity; gifts are tax-deductible.
Status: IRS Pub. 78

Before you give

FY2024 · Form 990-PFIndependent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990-PF
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average surplus $9K a year · 3% of revenue · last 5 filings
Worth a look: a surplus in 2 of the last 5 filings.
990-PF Pt I · 5 filings
Cash reserves
3 mo
of spending, in cash
Fine: 2.7 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
990-PF Pt II
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$188K
-48% vs prior year
Spent
$288K
Net assets
$2.8M
By yearFY2020–FY2024
Revenue
$188K
FY2024▼ -48%
Revenue by fiscal year
FY2020$227K
FY2021$189K
FY2022$459K
FY2023$361K
FY2024$188K
Expenses
$288K
FY2024▼ -44%
Expenses by fiscal year
FY2020$228K
FY2021$101K
FY2022$245K
FY2023$516K
FY2024$288K
Net assets
$2.8M
FY2024▼ -3%
Net assets by fiscal year
FY2020$2.7M
FY2021$2.6M
FY2022$3.0M
FY2023$2.9M
FY2024$2.8M

From the FY2024 Form 990 (year ending November 2024) · see the original

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Aug 1988.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

What each dollar paid for.

Grants & contributions paid 80% · $231K Operating & administrative 20% · $57K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

4 people listed on the 990-PF.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
$0Pt VII · Sec A
V/P Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See The Sciortino Foundation INC executive salaries →

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Programs and updates

A private foundation based in Kensington, MD.

Provided by the organization

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Grants and how to apply

Who it funds, and how to ask.

Who They Fund

Part XV · grants paid · 23 grants · $231K · 2023–2023
The Heights SchoolFY2023$60,000
The@masters AcademyNC · FY2023$35,000
Hope for Haiti's ChildrenFY2023$18,000
St Joseph's House LtdMD · FY2023$10,000
Family Renew Community INCFL · FY2023$10,000
AmericaresTX · FY2023$10,000
Cajun Relief Foundation INCLA · FY2023$5,000
University of Notre DameFY2023$5,000
The Lilabean Foundation INCMD · FY2023$5,000
Foundation 37 INCFL · FY2023$5,000
Daytona Outreach Center INCFY2023$2,000
America Kidney FundFY2023$2,000
Campus OutreachTX · FY2023$1,000
See all 23 grants →

Grantmaking Profile

Patterns in foundation giving
Distinct granteesPart XV13
Average grantPart XV$10K
Median grantPart XV$5K
Largest grantPart XV$60K
Top cause focusNTEEHousing (13%)

By the numbers

The FY2024 990-PF, line by line.

1The main four
Money in
$188K
Investment income$188K
Money out
$288K
Grants paid$231K
Running costs$57K
Owns and owes
$2.8M
net assets
Cash and savings$66K
Total assets$2.8M
Liabilities$0
People
4
listed
Paid0
2In more detail
Revenue in detail
Investment income$188K
Total revenue$188K
Assets in detailEnd of year
Cash and savings together$66K
Total assets$2.8M
Liabilities$0
Net assets$2.8M
Operations
Fiscal year endsNovember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $188K$288K−$100K$2.8M 990 PDF
FY2023 $361K$516K−$154K$2.9M 990 PDF
FY2022 $459K$245K$214K$3.0M 990 PDF
FY2021 $189K$101K$88K$2.6M 990 PDF
FY2020 $227K$228K−$1K$2.7M 990 PDF

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Schedules filed Part IV

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

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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