Fortisure Foundation

Private foundation · Grantmaker San Francisco, CA EIN: 45-6169952

Fortisure Foundation is a private foundation, based in San Francisco, CA. IRS filing data is available from 2019 through 2022. In 2022, it awarded 2 grants totaling $2.2M. Net investment income was $11K.

Key facts about Fortisure Foundation

In short: Fortisure Foundation gave $2.2M across 2 grants in 2022 (avg $1.1M), mostly in Massachusetts. Source: 2022 IRS Form 990-PF.

EIN
45-6169952
Latest 990 filing
Form 990-PF, 2022
Annual giving (2022)
$2,215,330
Grants made (2022)
2
Average grant
$1,107,665
Median grant
$1,107,665
Primary geography
Massachusetts (57% of itemized 2022 grant dollars)

Data from IRS Form 990-PF, 2022; updated September 2026.

Financial Overview

From 2022 IRS Form 990-PF · View filing

Total Assets

—

Annual Giving

$2.2M

+1975.3% YoY

Grant Count

2

-33.3% YoY

Avg Grant Size

$1.1M

+3012.9% YoY

Under IRS private-foundation payout rules, Fortisure Foundation reported a distributable amount of $87K for 2022 — the minimum it must pay out in qualifying distributions.

How Fortisure Foundation gives

  • Giving grew 32720% from 2019 to 2022. Method
  • In 2022 it paid out well above its IRS minimum distribution (the 5% rule). Method

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

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Share of 2022 grant dollars across all 2 itemized grants.

Cities

New YorkSan FranciscoBoston

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$2M$3M1 grant2019 1 grant2020 3 grants2021 2 grants2022

From 2019 to 2022, annual grant giving ranged from $7K (2019) to $2.2M (2022). In 2022 it made 2 grants totaling $2.2M.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2022

Fidelity Investments Charitable Gift Fund: $1.3MFidelity InvestmentsCharitable Gift Fund$1.3MChildren's Day School: $950KChildren's Day School$950K

The largest 2022 recipient was Fidelity Investments Charitable Gift Fund ($1.3M). Together the top 2 received $2.2M.

Grant Size Distribution

7 grants across all recorded years

3<$50K2$50–100K$100–250K$250–500K1$500K–1M1$1–5M$5M+

The most common grant size was under $50K: 3 grants of 7 (43%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Fidelity Investments Charitable Gift Fund Boston, MADisbursement to PC$1,265,330
Children's Day School San Francisco, CAFor the CDS Endowment$950,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$2M$3M2019 2020 2021 2022
Metric202220212020
Total Assets—$2,461,802$2,299,014
Revenue$23,965$27,566$29,071
Expenses$2,241,911$119,747$16,285
Qualifying Distributions$2,228,471$113,736—
Net Investment Income$10,524$21,166$24,786
Distributable Amount$86,980$119,093$103,433

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2019 (received by the IRS August 3, 2020)
  2. Updated Form 990-PF for fiscal year 2020 (received by the IRS August 12, 2021)
  3. Updated Form 990-PF for fiscal year 2021 (received by the IRS July 15, 2022)
  4. Updated Form 990-PF for fiscal year 2022 (received by the IRS March 15, 2023)
  5. IRS filings on file for fiscal years 2019–2022

Leadership & Key People

Officers and directors from IRS filings

Fortisure Foundation's 2022 filing lists 4 officers; none of the 4 officers listed in 2022 report compensation.

Officers on the 2022 filing

  • Meghna Subramanian

    Trustee

    On filings since 2019

    1 hr/week

    No compensation reported

  • Nita Subramanian

    Trustee

    On filings since 2019

    1 hr/week

    No compensation reported

  • Priyal Subramanian

    Trustee

    On filings since 2019

    1 hr/week

    No compensation reported

  • Srinivasan Subramanian

    Trustee

    On filings since 2019

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2019–2022. "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 Fortisure Foundation

How much does Fortisure Foundation give each year?

Fortisure Foundation gave $2.2M across 2 grants in 2022, according to its 2022 IRS Form 990-PF. In 2021 it gave $107K across 3 grants.

Where does Fortisure Foundation operate?

Fortisure Foundation has awarded grants in California, Massachusetts, New York.

How much is Fortisure Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2022, Fortisure Foundation reported a distributable amount of $87K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Fortisure Foundation's EIN?

Fortisure Foundation's EIN (Employer Identification Number) is 45-6169952. IRS Form 990 filing data is available on this page for 2019–2022.

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

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