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Rachel & Tom Cortese Foundation Inc. is a private corporation based in SARATOGA SPGS, NY. The foundation received its IRS ruling in 2022. The principal officer is % Shade Tree Advisors LLC. It holds total assets of $2.4M. Annual income is reported at $3.5M. THE FOUNDATION IS NOT INVOLVED IN ANY DIRECT CHARITABLE ACTIVITIES.ITS PRIMARY PURPOSE IS TO SUPPORT, BY CONTRIBUTION, OTHER CHARITABLE ORGANIZATIONS EXEMPT UNDER. According to available records, Rachel & Tom Cortese Foundation Inc. has made 1 grants totaling $240K, with a median grant of $240K. Grant recipients are concentrated in New York. Contributions to this foundation are tax-deductible.
THE FOUNDATION IS NOT INVOLVED IN ANY DIRECT CHARITABLE ACTIVITIES.ITS PRIMARY PURPOSE IS TO SUPPORT, BY CONTRIBUTION, OTHER CHARITABLE ORGANIZATIONS EXEMPT UNDER
INTERNAL REVENUE CODE SECTION 501(C) (3).
THE FOUNDATION IS NOT INVOLVED IN ANY DIRECT CHARITABLE ACTIVITIES.ITS PRIMARY PURPOSE IS TO SUPPORT, BY CONTRIBUTION, OTHER CHARITABLE ORGANIZATIONS EXEMPT UNDER. Based on available records, the foundation has funded 1 grants. Its grantmaking reaches organizations primarily in NY.
Rachel & Tom Cortese Foundation Inc. has distributed a total of $240K across 1 grants. The median grant size is $240K, with an average of $240K. Individual grants have ranged from $240K to $240K.
Rachel & Tom Cortese Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Rachel & Tom Cortese Foundation Inc. is headquartered in SARATOGA SPGS, NY.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Rachel Cortese | Treasurer & Secretary-1hr/week | $0 | $0 | $0 |
| Thomas Cortese | President-1HR/WEEK | $0 | $0 | $0 |
Total Giving
$248K
Total Assets
$2.3M
Fair Market Value
$2.3M
Net Worth
$2.3M
Grants Paid
$240K
Contributions
$0
Net Investment Income
$109K
Distribution Amount
$114K
Total: $2.3M
Total Grants
1
Total Giving
$240K
Average Grant
$240K
Median Grant
$240K
Unique Recipients
1
Most Common Grant
$240K
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Morgan Stanley Global Impact Funding Trust IncGENERAL CHARITABLE PURPOSES | New York, NY | $240K | 2023 |
DALLAS, TX
NEW YORK, NY
SARATOGA SPGS, NY
WYCKOFF, NJ
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