Hope Farone Charitable Trust Fboo St Mary's
Hope Farone Charitable Trust Fboo St Mary's is a private foundation, based in Oneonta, NY. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $305K in total assets. In 2025, it awarded 1 grant totaling $16K. Net investment income was $32K.
Key facts about Hope Farone Charitable Trust Fboo St Mary's
In short: Hope Farone Charitable Trust Fboo St Mary's gave $16K across 1 grant in 2025 (avg $16K), mostly in New York. Source: 2025 IRS Form 990-PF.
- EIN
- 20-6596621
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $15,981
- Grants made (2025)
- 1
- Average grant
- $15,981
- Median grant
- $15,981
- Total assets
- $304,971
- Primary geography
- New York (100% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$305K
+4.1% YoY
Annual Giving
$16K
+6.2% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$16K
+6.2% YoY
Under IRS private-foundation payout rules, Hope Farone Charitable Trust Fboo St Mary's reported a distributable amount of $20K for 2025 — the minimum it must pay out in qualifying distributions.
How Hope Farone Charitable Trust Fboo St Mary's gives
- Giving held roughly steady from 2022 to 2025 (−11%). Method
- In 2025 it paid out 94% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $15K (2024) to $18K (2022). In 2025 it made 1 grant totaling $16K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was St Mary's Roman Catholic Church ($16K).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was under $50K: 5 grants of 5 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| St Mary's Roman Catholic Church Oneonta, NY | Religious | $15,981 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $304,971 | $292,836 | $280,732 |
| Revenue | $35,711 | $33,771 | $17,579 |
| Expenses | $23,571 | $21,662 | $22,436 |
| Qualifying Distributions | $19,014 | $17,814 | $18,820 |
| Net Investment Income | $31,993 | $30,117 | $14,057 |
| Distributable Amount | $20,255 | $18,752 | $17,666 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 8, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS May 5, 2026)
- Added Form 990-PF for fiscal year 2019 (received by the IRS February 5, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS February 10, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS February 9, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 8, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 6, 2024)
Leadership & Key People
Officers and directors from IRS filings
Hope Farone Charitable Trust Fboo St Mary's is led by Mary Ann Goodwin, Trustee on every filing since 2019 — the only officer listed, and compensated.
Officers on the 2025 filing
Mary Ann Goodwin
Trustee
On filings since 2019
1 hr/week
$708 (2019) → $721 (2025)
Former officers (1)
- Former: Community Bank NA Trust Serv (2019–2021) — Trustee
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $721, to Mary Ann Goodwin (Trustee).
Frequently asked questions about Hope Farone Charitable Trust Fboo St Mary's
How much does Hope Farone Charitable Trust Fboo St Mary's give each year?
Hope Farone Charitable Trust Fboo St Mary's gave $16K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $15K across 1 grant.
How large is Hope Farone Charitable Trust Fboo St Mary's?
Hope Farone Charitable Trust Fboo St Mary's reported $305K in total assets on its 2025 IRS Form 990-PF. It paid out $19K in qualifying distributions that year, against a required minimum of $20K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
Where does Hope Farone Charitable Trust Fboo St Mary's operate?
Hope Farone Charitable Trust Fboo St Mary's has awarded grants in New York.
What is Hope Farone Charitable Trust Fboo St Mary's's EIN?
Hope Farone Charitable Trust Fboo St Mary's's EIN (Employer Identification Number) is 20-6596621. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
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