Fortuitous Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $537K in total assets. In 2024, it made $10K in qualifying distributions. Net investment income was $22K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$537K
+2.2% YoY
Revenue
$24K
-95.5% YoY
Qualifying Distributions
$10K
-12.2% YoY
Expenses
$13K
+12.0% YoY
About Fortuitous Foundation
Based on IRS filings
Fortuitous Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $537K in total assets. In 2024, it made $10K in qualifying distributions. Net investment income was $22K.
Focus Areas
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 |
|---|---|---|
| Total Assets | $537,287 | $525,965 |
| Revenue | $24,292 | $537,548 |
| Expenses | $12,972 | $11,583 |
| Qualifying Distributions | $10,167 | $11,583 |
| Net Investment Income | $21,687 | $7,548 |
| Distributable Amount | $27,155 | $13,920 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
0 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 |
|---|---|---|---|
| Marcus Albonico | Dir, VP | 1 | — |
| Michael Erickson | Dir, Pres, Sec, Treas | 1 | — |
| Jonathan Fatahi | Dir, VP | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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