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Paternotte Family Foundation Inc. is a private corporation based in BALTIMORE, MD. The foundation received its IRS ruling in 1998. The principal officer is % William Paternotte. It holds total assets of $1M. Annual income is reported at $1.3M. THE FOUNDATION MAKES GRANTS TO OTHER QUALIFYING ORGANIZATIONS THAT ARE INVOLVED IN DIRECT CHARITABLE ACTIVITIES. SEE ATTACHED SCHEDULE. According to available records, Paternotte Family Foundation Inc. has made 24 grants totaling $251K, with a median grant of $10K. Annual giving has grown from $30K in 2020 to $80K in 2023. Grantmaking activity was highest in 2022 with $92K distributed across 10 grants. Individual grants have ranged from $2K to $25K, with an average award of $10K. The foundation has supported 12 unique organizations. The foundation primarily supports organizations in New York, Maryland, Massachusetts, which account for 96% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
THE FOUNDATION MAKES GRANTS TO OTHER QUALIFYING ORGANIZATIONS THAT ARE INVOLVED IN DIRECT CHARITABLE ACTIVITIES. SEE ATTACHED SCHEDULE.
THE FOUNDATION MAKES GRANTS TO OTHER QUALIFYING ORGANIZATIONS THAT ARE INVOLVED IN DIRECT CHARITABLE ACTIVITIES. SEE ATTACHED SCHEDULE. Based on available records, the foundation has funded 24 grants. Its grantmaking reaches organizations primarily in NY, MD, MA.
Paternotte Family Foundation Inc. has distributed a total of $251K across 24 grants. The median grant size is $10K, with an average of $10K. Individual grants have ranged from $2K to $25K.
Paternotte Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Paternotte Family Foundation Inc. is headquartered in BALTIMORE, MD. While based in MD, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| William Paternotte | PRESIDENT | $0 | $0 | $0 |
| Nancy Paternotte | VICE-PRESIDENT | $0 | $0 | $0 |
Total Giving
$85K
Total Assets
$598K
Fair Market Value
$865K
Net Worth
$598K
Grants Paid
$80K
Contributions
$61K
Net Investment Income
$22K
Distribution Amount
$38K
Total: $445K
Total Grants
24
Total Giving
$251K
Average Grant
$10K
Median Grant
$10K
Unique Recipients
12
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Little Peaks Preschool & Early Childhood CenterSCHOLARSHIP FUND | Keene, NY | $25K | 2023 |
| Adirondack Land TrustUNRESTRICTED DONATION | Keene, NY | $20K | 2023 |
| The Walters Art MuseumUNRESTRICTED DONATION | Baltimore, MD | $10K | 2023 |
| Miss Halls SchoolUNRESTRICTED DONATION | Pittsfield, MA | $10K | 2023 |
| Baltimore SquashwiseUNRESTRICTED DONATION | Baltimore, MD | $5K | 2023 |
TUPELO, MS
WILMINGTON, DE
LOS ANGELES, CA
SARATOGA SPGS, NY
| 2019 | 990PF | View |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| Ausable Club Preservation FoundationUNRESTRICTED DONATION | St Huberts, NY | $5K | 2023 |
| The Sheppard And Enoch Pratt FoundationUNRESTRICTED DONATION | Towson, MD | $5K | 2023 |
| The Nature ConservancyUNRESTRICTED DONATION | Keane Valley, NY | $20K | 2022 |
| Irvine Nature CenterUNRESTRICTED DONATION | Owings Mills, MD | $2K | 2022 |
| Walters Art MuseumUNRESTRICTED DONATION | Baltimore, MD | $12K | 2021 |
| Ausable Club Preservation FundUNRESTRICTED DONATION | St Huberts, NY | $7K | 2021 |
| Trustees Of Princeton UniversityUNRESTRICTED DONATION | Princeton, NJ | $13K | 2020 |
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