The Devito Family Trust

Organization Overview

The Devito Family Trust is located in Baltimore, MD. The organization was established in 1994. 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. Devito Family Trust 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, Devito Family Trust generated $5.9m in total revenue. All expenses for the organization totaled $360.8k during the year ending 12/2021. While expenses have increased by 2.6% per year over the past 3 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 2020, Devito Family Trust has awarded 42 individual grants totaling $526,200. 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.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

NONE


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $5,080,511
Interest on Savings $31
Dividends & Interest $153,112
Net Rental Income$0
Net Gain on Sale of Assets $619,236
Capital Gain Net Income $619,236
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $5,852,890

Grants Awarded

Over the last fiscal year, The Devito Family Trust has awarded $259,850 in support to 15 organizations.

Grant RecipientAmount

OPERATION SECOND CHANCE

Org PageRecipient Profile

Germantown, MD

PURPOSE: CAPITAL CAMPAIGN HEROES RIDGE AT RAVEN ROCK

$150,000

NPLB OUTDOORS

PURPOSE: CONTRIBUTION - ADVISORY BOARD AND ADM. ASST. AND GRANT COORDINATOR POSITIONS

$35,000

DRINK AT THE WELL INC

PURPOSE: FUND COMMUNITY ADVOCATE POSITION

$25,000

MISSION 14

PURPOSE: NEW SEWING MACHINE, UPDATE SECTION OF BLDG FOR NEW COURSE, INSTRUCTOR FOR NEW CLASS AND PART-TIME SUPPORT PERSON

$20,000

THE FAMILY RECOVERY PROGRAM INC

PURPOSE: CONTRIBUTION - ADVISORY BOARD

$5,000

CHURCH HILL THEATER INC

PURPOSE: CONTRIBUTION - ADVISORY BOARD

$5,000
View Grant Profile

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