Cremona Foundation Inc
Cremona Foundation Inc is a private foundation, based in MECHANICSVILLE, MD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 2 grants totaling $32K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.1M
-3.1% YoY
Annual Giving
$32K
+94.0% YoY
Grant Count
2
+100.0% YoY
Avg Grant Size
$16K
-3.0% YoY
Under IRS private-foundation payout rules, Cremona Foundation Inc reported a distributable amount of $6K for 2024 — the minimum it must pay out in qualifying distributions.
About Cremona Foundation Inc
Based on IRS filings
Cremona Foundation Inc is a private foundation, based in MECHANICSVILLE, MD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 2 grants totaling $32K.
Ready to take the next step with Cremona Foundation Inc?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,118,367 | $1,154,628 | $1,175,078 |
| Revenue | — | — | — |
| Expenses | $36,261 | $20,450 | $20,835 |
| Qualifying Distributions | $31,853 | $16,416 | — |
| Net Investment Income | — | — | — |
| Distributable Amount | $6,202 | $6,946 | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include St Mary's College of Maryland Foundation ($20,736), University of Maryland College Park Foundation ($11,117).
| Recipient | Purpose | Amount |
|---|---|---|
| ST MARY'S COLLEGE OF MARYLAND FOUNDATION ST MARYS CITY, MD | GENERAL SUPPORT | $20,736 |
| UNIVERSITY OF MARYLAND COLLEGE PARK FOUNDATION COLLEGE PARK, MD | GENERAL SUPPORT | $11,117 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| NANCY RUYLE DODGE | PRESIDENT/TREASURER | 1 | — |
| DR DONALD STABILE | VP & SECRETARY | 0.5 | — |
| MICHAEL WHITSON | TRUSTEE | 0.5 | — |
| GUS KIORPES | TRUSTEE | 0.5 | — |
| TOM REPENNING | TRUSTEE | 0.5 | — |
| YVONNE ROBINSON | TRUSTEE | 0.5 | — |
Frequently Asked Questions
How large is Cremona Foundation Inc?
As of 2024, Cremona Foundation Inc holds $1.1M in total assets. It awarded 2 grants totaling $32K in 2024.
Where does Cremona Foundation Inc operate?
Cremona Foundation Inc has awarded grants in Maryland.
What size grants does Cremona Foundation Inc award?
In 2024, Cremona Foundation Inc awarded 2 grants totaling $32K — an average of about $16K per grant, based on its IRS Form 990 filings.
How much is Cremona Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Cremona Foundation Inc reported a distributable amount of $6K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Cremona Foundation Inc's EIN?
Cremona Foundation Inc's EIN (Employer Identification Number) is 23-7136759. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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