Farano Scholarship Trust Co Tobin&dempf
Farano Scholarship Trust Co Tobin&dempf is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ALBANY, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.6M in total assets. In 2024, it awarded 9 grants totaling $106K. Net investment income was $65K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.6M
-2.7% YoY
Annual Giving
$106K
+3.9% YoY
Grant Count
9
+0.0% YoY
Avg Grant Size
$12K
+3.9% YoY
About Farano Scholarship Trust Co Tobin&dempf
Based on IRS filings
Farano Scholarship Trust Co Tobin&dempf is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ALBANY, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.6M in total assets. In 2024, it awarded 9 grants totaling $106K. Net investment income was $65K.
Focus Areas
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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 | $1,573,932 | $1,617,266 | $1,654,816 |
| Revenue | $97,186 | $98,030 | $51,794 |
| Expenses | $140,520 | $135,580 | $140,454 |
| Qualifying Distributions | $106,000 | $102,000 | $102,000 |
| Net Investment Income | $64,983 | $66,714 | $15,887 |
| Distributable Amount | $92,776 | $85,801 | $92,733 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2024
Grant Size Distribution
43 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MICHAEL COSTELLO | TRUSTEE | 3 | $9,267 |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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