Tony Rose Foundation Inc is located in Lutherville Timonium, MD. The organization was established in 2016. 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. Tony Rose Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2015, Tony Rose Foundation Inc has awarded 99 individual grants totaling $966,857. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
DONATIONS OF TIME AND GOODS TO ASSIST CHURCHES & OTHER CHARITABLE ORGANIZATIONS WITH MISSIONS RELATING TO CHARITABLE PURPOSE
DONATIONS TO COLLEGES FOR SCHOLARSHIPS FOR NEEDY STUDENTS TO FURTHER THEIR EDUCATION
PROGRAMS TO FURTHER EDUCATION & ATHLETICS IN THE PHILIPINO COMMUNITY SUCH AS VOLLEY BALL BASKETBALL & ZUMBA FOR THE PARENTS
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ferdinan Mariano Executive Director | 35 | $0 | |
Jayne Mariano Treasurer | 10 | $0 | |
Rosalinda Mariano President | 1 | $0 | |
Ryan Mariano Vice President | 1 | $0 | |
Kim Mariano Secretary | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $802 |
| Dividends & Interest | $112,415 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$270,538 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$157,321 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $60,000 |
| Other employee salaries and wages | $20,000 |
| Pension plans, employee benefits | $2,020 |
| Interest | $0 |
| Taxes | $8,846 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $17,237 |
| Printing and publications | $48 |
| Other expenses | $141,128 |
| Total operating and administrative expenses | $287,103 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $287,103 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Over the last fiscal year, Tony Rose Foundation Inc has awarded $42,500 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
TOWSON UNIVERSITY PURPOSE: DONATION TOWARDS EDUCATIONAL GOALS | $6,500 |
UNIVERSITY OF MARYLAND PURPOSE: TO PROVIDE DONATION FOR CHARITABLE MISSIONS | $13,500 |
SALISBURY UNIVERSITY PURPOSE: TO FUND SCHOLARSHIPS | $1,000 |
COPPIN STATE UNIVERSITY PURPOSE: EDUCATION-SCHOLARSHIP PROGRAM | $500 |
AACC FOUNDATION PURPOSE: PROVIDE SCHOLARSHIPS | $2,000 |
COLLEGE OF SOUTHERN MD PURPOSE: SCHOLARSHIPS | $1,000 |