Funder DirectoryMICHAEL AND MARGARET PICOTTE FOUNDATION
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Private foundation (trust)EIN 061307349Est. 1992-04

MICHAEL AND MARGARET PICOTTE FOUNDATION

SARATOGA SPRINGS, NY 12866

Total Assets

$6.2M

FY 2023

Annual Giving

$234K

FY 2023

Grants Made

1

FY 2023

Avg Grant

$234K

FY 2023

Grant Range

$234K–$234K

Typical

Deadlines

Applications

Programs & Activities

Program 1

Please note, the foundation is not involved in any direct charitable activities. Its primary purpose is to support, by contributions, other charitable organizations

Program 2

Exempt under internal revenue code section 501(c)(3).

Financial Snapshot

2023 filing

Total Revenue

$2.4M

Total Expenses

$243K

Qualifying Distributions

$237K

Distributable Amount

$257K

Min. Investment Return

$277K

Undistributed Income

$243K

Payout rate 92%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.92%

Payout rate

Qualifying distributions as a share of distributable amount.

Giving Over Time

5 years

Giving over time from 2018 to 2023. Peak $295K in 2022. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

48 grants

Recipient names are missing from the available filing data for some grants.

FRIENDS OF RECREATION FOUNDATION
$60K
1 grant
College of St Rose
$30K
1 grant
THE COLLEGE OF SAINT ROSE
$30K
2 grants
Community Foundation of the Capital Region
$25K
1 grant
Community Foundation of Palm Beach
$25K
1 grant
St Edwards Church
$15K
1 grant
Berkshire School
$13K
2 grants
Kravis Center
$10K
1 grant

Grant Size Distribution

48 grants

<$10K
39
grants
$10–50K
5
grants
$50–250K
3
grants
$250K–1M
1
grants
$1–5M
$5M+

Geographic Focus

9 states

New York
$843K
76% of total
Florida
$160K
14% of total
Pennsylvania
$55K
5% of total
Massachusetts
$26K
2% of total
Vermont
$11K
1% of total
Nebraska
$5K
0% of total
Minnesota
$5K
0% of total
Delaware
$5K
0% of total
California
$3K
0% of total

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MICHAEL AND MARGARET PICOTTE FOUNDATION — Grants, Financials & Contact | Grantivo