A Private Foundation located in POTOMAC, MD



Latest data derived from the private foundation e-Filings updated by the IRS

IRS Form 990 PF

T

2023 Tax Year

About this Private Foundation: 351166


This private foundation is located in Potomac and provides grants to support the activities of the University of Maryland. Its primary focus is on education, funding various charitable activities and programs that enhance learning opportunities. The foundation allocates resources to initiatives that foster academic growth and community engagement. By investing in educational pursuits, it aims to improve access to quality education and promote the overall development of students. The foundation's commitment to these goals underscores its dedication to advancing educational excellence and supporting the academic mission of its affiliated institution.

Foundation Profile


In the dynamic landscape of educational philanthropy, one private foundation stands out for its unwavering commitment to advancing higher education. With total assets amounting to $11.5 million in the tax year 2023, this foundation has dedicated itself to fostering academic excellence and innovation through strategic grantmaking. In this fiscal year, the foundation distributed a total of $40.2K in grants, demonstrating its steadfast focus on supporting the educational initiatives of a prominent university. The foundation's mission centers around enhancing the educational experience for students, particularly through funding that directly benefits the university community. By prioritizing grants that support educational programs, the foundation aims to empower students and faculty alike, contributing to a vibrant academic environment. Its funding interests are primarily geared toward initiatives that promote learning, research, and community engagement, ensuring that the impact of its grants resonates throughout the institution and beyond. Geographically, the foundation's grantmaking efforts are concentrated in the area surrounding the university, particularly in College Park, Maryland, where it has made significant contributions to local educational projects. Eligibility for funding is typically extended to entities within the university, including departments, research centers, and affiliated organizations, fostering a collaborative approach to educational advancement. In 2023, notable grants included a substantial allocation to the university’s foundation, which received $25.0K to support various educational initiatives, alongside an additional $15.2K directed towards enhancing the overall academic experience. These grants reflect the foundation's dedication to nurturing talent and fostering an environment where innovation can flourish. For those engaged in educational endeavors that align with this foundation's vision, there are ample opportunities to explore funding avenues that can help bring transformative ideas to life. Qualified applicants are encouraged to discover the potential for collaboration and support through The Grant Portal, where impactful educational initiatives can find the resources they need to thrive.
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POTOMAC, MD

Summary

Assets

$11.5m

Distributions

$40.2k

Contributions

$1.2k

Grant Median

$20.1k

Count

2

Grant Max

$25k
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Latest Tax e-Filing

2023

Published by IRS

2023

People

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# Name Title Hours / Wk Comp ($)

Charitable Activities

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Grants

Filters

Amount

Min
-
Max

State

MD

City

POTOMAC

Purpose

Interest

Education

2 results

Amount Name Purpose Location Year

Application Guidelines

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Instructions

Deadlines

Restrictions

Contact

About The Grant Portal 

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The Grant Portal is aimed at giving nonprofits unfettered access to a public dataset of Form 990 tax filings published by the IRS.

The project republishes the IRS dataset, verbatim, focusing exclusively on Form 990 PF, the form most commonly filed by private foundations.

Note that the IRS dataset only contains information from electronically-filed tax returns.

The Grant Portal is not affiliated, associated, authorized, endorsed by, or in any way officially connected with any foundation appearing on the site.

Private Foundation Grants of $20.1k Available in POTOMAC, MD