Passano Family Foundation

Organization Overview

Passano Family Foundation is located in Baltimore, MD. The organization was established in 2014. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Passano Family 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, Passano Family Foundation generated $245.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (13.2%) each year. All expenses for the organization totaled $197.3k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2019, Passano Family Foundation has awarded 29 individual grants totaling $437,500. 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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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $0
Dividends & Interest $46,402
Net Rental Income$0
Net Gain on Sale of Assets $199,317
Capital Gain Net Income $199,317
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $245,719

Grants Awarded

Over the last fiscal year, Passano Family Foundation has awarded $172,500 in support to 12 organizations.

Grant RecipientAmount

ROLAND PARK COUNTRY SCHOOL

Org PageRecipient Profile

Baltimore, MD

PURPOSE: GENERAL OPERATIONS.

$60,000

THE JOHNS HOPKINS UNIVERSITY SCHOOL OF MEDICINE

PURPOSE: GENERAL OPERATIONS.

$25,000

PLAYERS PHILANTHROPY FUND

Org PageRecipient Profile

Towson, MD

PURPOSE: GENERAL OPERATIONS.

$20,000

UNITED WAY OF CENTRAL MARYLAND

Org PageRecipient Profile

Baltimore, MD

PURPOSE: GENERAL OPERATIONS.

$20,000

JOHNS HOPKINS UNIVERSITY

PURPOSE: GENERAL OPERATIONS.

$10,000

GREENLIGHT BALTIMORE

PURPOSE: GENERAL OPERATIONS.

$10,000
View Grant Profile

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