Private foundation (trust)EIN 526036968Est. 1944-04

PASSANO FOUNDATION

BALTIMORE, MD 21204

Total Assets

$882K

FY 2024

Annual Giving

$25K

FY 2024

Grants Made

1

FY 2024

Avg Grant

$25K

FY 2024

Grant Range

$25K–$25K

Typical

Deadlines

Applications

Financial Snapshot

2024 filing

Total Revenue

$40K

Total Expenses

$57K

Qualifying Distributions

$25K

Distributable Amount

$43K

Min. Investment Return

$43K

Undistributed Income

$3K

Payout rate 58%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.58%

Payout rate

Qualifying distributions as a share of distributable amount.

Giving Over Time

4 years

Giving over time from 2020 to 2024. Peak $45K in 2022. Hover bars for details.

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

Top Recipients

8 grants

UNIVERSITY OF MARYLAND SCHOOL OF MEDICINE
$100K
4 grants
JOHN HOPKINS UNIVERSITY
$10K
1 grant
SA-JIN LEE - 2023 PASSANO AWARD REC
$10K
1 grant
DAVID S EISENBERG PHD - PASSANO LAU
$10K
1 grant
ALFRED L GOLDERG PHD - PASSANO LAUR
$10K
1 grant

Grant Size Distribution

8 grants

<$10K
4
grants
$10–50K
4
grants
$50–250K
$250K–1M
$1–5M
$5M+

Geographic Focus

4 states

Maryland
$110K
79% of total
Connecticut
$10K
7% of total
Massachusetts
$10K
7% of total
California
$10K
7% of total

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PASSANO FOUNDATION — Grants, Financials & Contact | Grantivo