Cremona Foundation Inc

Private foundation · Grantmaker Mechanicsville, MD EIN: 23-7136759

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.

Cremona Foundation Inc at a glance

In short: Cremona Foundation Inc gave $32K across 2 grants in 2024 (avg $16K), mostly in Maryland. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$31,853
+94.0% vs 2023
Grants made (2024)
2
+100.0% vs 2023
Average grant
$15,927
-3.0% vs 2023
Median grant
$15,927
Total assets
$1,118,367
-3.1% vs 2023
Primary geography
Maryland (100% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

Data from IRS Form 990-PF, 2024; updated September 2026.

Who Cremona Foundation Inc funds

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

St Mary's College of Maryland Foundation: $21KSt Mary's College of MarylandFoundation$21KUniversity of Maryland College Park Foundation: $11KUniversity of Maryland CollegePark Foundation$11K

The largest 2024 recipient was St Mary's College of Maryland Foundation ($21K). Together the top 2 received $32K.

Grant Size Distribution

6 grants across all recorded years

6<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 6 grants of 6 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2024 grant dollars across all 2 itemized grants.

States

Cities

St Marys CityCollege Park

How Cremona Foundation Inc gives

  • In 2024 it paid out 514% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990 filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K$40K2 grants2020 0 grants2021 1 grant2022 1 grant2023 2 grants2024

From 2020 to 2024, annual grant giving ranged from $14K (2022) to $32K (2024). In 2024 it made 2 grants totaling $32K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
St Mary's College of Maryland Foundation St Marys City, MDGeneral Support$20,736
University of Maryland College Park Foundation College Park, MDGeneral Support$11,117
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsExpensesGrants paidGrantsQualifying DistributionsDistributable Amount
2024$1,118,367$36,261$31,8532$31,853$6,202
2023$1,154,628$20,450$16,4161$16,416$6,946
2022$1,175,078$20,835$13,8241——
2021$1,115,913$4,679————
2020$1,120,592$20,388$19,8322——

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.

Leadership & Key People

Officers and directors from IRS filings

Cremona Foundation Inc is led by Nancy Ruyle Dodge, President & Treasurer on every filing since 2020; none of the 6 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Nancy Ruyle Dodge

    President & Treasurer

    On filings since 2020

    1 hr/week

    No compensation reported

  • Gus Kiorpes

    Trustee

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • Michael Whitson

    Trustee

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • Tom Repenning

    Trustee

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • Yvonne Robinson

    Trustee

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • Donald Stabile

    Vice President & Secretary

    On filings since 2020

    0.5 hrs/week

    No compensation reported

Former officers (1)
  • Former: Rick Tepel (2020) — Trustee

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Cremona Foundation Inc

How much does Cremona Foundation Inc give each year?

Cremona Foundation Inc gave $32K across 2 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $16K across 1 grant.

How large is Cremona Foundation Inc?

Cremona Foundation Inc reported $1.1M in total assets on its 2024 IRS Form 990-PF. It paid out $32K in qualifying distributions that year, against a required minimum of $6K (roughly 5% of its investment assets).

Where does Cremona Foundation Inc operate?

Cremona Foundation Inc has awarded grants in Maryland.

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.

Data last updated September 2026. Sourced from IRS Form 990 filings.

Data update history

(2)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2022 (received by the IRS November 14, 2023)
  2. IRS filings on file for fiscal years 2020–2024

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Science & Technology

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Education

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$529.6M

Grants

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Total Given

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Cremona Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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