Tortimaki Foundation

Organization Overview

Tortimaki Foundation is located in Wilmington, DE. The organization was established in 2008. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tortimaki Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Tortimaki Foundation generated $211.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 67.4% each year . All expenses for the organization totaled $182.7k during the year ending 12/2021. While expenses have increased by 9.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2016, Tortimaki Foundation has awarded 170 individual grants totaling $765,025. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

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Board, Officers & Key Employees

Name (title)Compensation
Timothy T Taussig
Pres, Dir, Sec
$0
Nancy Taussig
Vp, Dir
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $95
Dividends & Interest $85,931
Net Rental Income$0
Net Gain on Sale of Assets $125,354
Capital Gain Net Income $309,551
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $211,380

Grants Awarded

Over the last fiscal year, Tortimaki Foundation has awarded $159,000 in support to 33 organizations.

Grant RecipientAmount

SPORTS HUMANITARIAN GROUP INC DBA RIGHT TO PLAY

PURPOSE: GENERAL & UNRESTRICTED

$27,500

TRUSTEES OF TUFTS COLLEGE - FLETCHER SCHOOL

PURPOSE: GENERAL & UNRESTRICTED

$20,000

Stowe, VT

PURPOSE: GENERAL & UNRESTRICTED

$7,500

SAVE THE SOUND INC

Org PageRecipient Profile

New Haven, CT

PURPOSE: GENERAL & UNRESTRICTED

$7,500

BACKCOUNTRY MEDICAL GUIDES

PURPOSE: GENERAL & UNRESTRICTED

$5,000

Brooklyn, NY

PURPOSE: GENERAL & UNRESTRICTED

$5,000
View Grant Profile

Peer Organizations

Organization NameAssets
Oberkotter Foundation
Philadelphia, PA
$23,009,013
Pnc Foundation
Pittsburgh, PA
$3,451,991
Peter Alfond Foundation
Bethesda, MD
$129,307,233
Service Coordination Inc
Frederick, MD
$52,158,150
Sarah Scaife Foundation Inc
Pittsburgh, PA
$79,121,296
Prudential Foundation Inc
Newark, NJ
$53,115,847
J Howard Pew Freedom Tr
Philadelphia, PA
$64,346,772
J Willard And Alice S Marriott Foundation
Bethesda, MD
$31,840,539
Mccune Foundation
Pittsburgh, PA
$38,182,239
Aurora Foundation
Wilmington, DE
$34,829,057
Segal Family Foundation Inc
Warren, NJ
$21,683,461
Dietrich Foundation
Pittsburgh, PA
$93,476,192

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