How Firm a Foundation Inc

Private foundation · Grantmaker Baltimore, MD EIN: 52-2203356

How Firm a Foundation Inc is a private foundation, based in Baltimore, MD. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $236K in total assets. In 2025, it awarded 3 grants totaling $16K. Net investment income was $21K.

Key facts about How Firm a Foundation Inc

In short: How Firm a Foundation Inc gave $16K across 3 grants in 2025 (avg $5K), top state Florida. Source: 2025 IRS Form 990-PF.

EIN
52-2203356
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$15,884
Grants made (2025)
3
Average grant
$5,295
Median grant
$6,000
Total assets
$236,052
Primary geography
Florida (44% 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

$236K

+3.5% YoY

Annual Giving

$16K

+27.1% YoY

Grant Count

3

+0.0% YoY

Avg Grant Size

$5K

+27.1% YoY

Under IRS private-foundation payout rules, How Firm a Foundation Inc reported a distributable amount of $13K for 2025 — the minimum it must pay out in qualifying distributions.

How How Firm a Foundation Inc gives

  • In 2025 it paid out 125% of 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

6states

Share of 2025 grant dollars across all 3 itemized grants.

Cities

Cape CoralOcean CityJacksonvilleLanghorneLouisvilleMyrtle BeachSpring

Giving Over Time

Total grant dollars and number of grants per year

$0$5K$10K$15K$20K3 grants2020 2 grants2021 0 grants2022 2 grants2023 3 grants2024 3 grants2025

From 2020 to 2025, annual grant giving ranged from $1K (2021) to $16K (2025). In 2025 it made 3 grants totaling $16K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2025

Grace Baptist Church: $7KGrace Baptist Church$7KOcean City Baptist Church: $6KOcean City Baptist Church$6KCairn University: $3KCairn University$3K

The largest 2025 recipient was Grace Baptist Church ($7K). Together the top 3 received $16K.

Grant Size Distribution

10 grants across all recorded years

10<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 10 grants of 10 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Grace Baptist Church Cape Coral, FLGIFT$7,000
Ocean City Baptist Church Ocean City, NJGIFT$6,000
Cairn University Langhorne, PAGIFT$2,884

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$20K$40K$60K2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$236,052$228,037$219,562
Revenue$41,663$20,527$11,255
Expenses$19,787$14,130$10,916
Qualifying Distributions$15,884$12,500$9,068
Net Investment Income$21,026$13,015$2,543
Distributable Amount$12,702$11,182$10,056

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2025 (received by the IRS June 21, 2026)
  2. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

How Firm a Foundation Inc is led by John Fitzgerald, President on every filing since 2021; none of the 2 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • John Fitzgerald

    President

    On filings since 2021

    0.3 hrs/week

    No compensation reported

  • Thomas Schetelich

    Secretary

    On filings since 2020

    0.3 hrs/week

    No compensation reported

Former officers (1)
  • Former: Audrey Fitzgerald (2020) — President

Data from IRS Form 990 filings, 2020–2025. "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 How Firm a Foundation Inc

How much does How Firm a Foundation Inc give each year?

How Firm a Foundation Inc gave $16K across 3 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $13K across 3 grants.

What is How Firm a Foundation Inc's typical grant size?

How Firm a Foundation Inc's median grant in 2025 was $6,000, and its average grant was $5,295, across 3 grants on its 2025 IRS Form 990-PF.

Where does How Firm a Foundation Inc give grants?

How Firm a Foundation Inc's top state is Florida, with 44% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were New Jersey (38%) and Pennsylvania (18%).

Does How Firm a Foundation Inc give general operating support?

Not in 2025: none of the 3 grants with a stated purpose on How Firm a Foundation Inc's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Gift" (3 grants).

How large is How Firm a Foundation Inc?

How Firm a Foundation Inc reported $236K in total assets on its 2025 IRS Form 990-PF. It paid out $16K in qualifying distributions that year, against a required minimum of $13K (roughly 5% of its investment assets).

What is How Firm a Foundation Inc's EIN?

How Firm a Foundation Inc's EIN (Employer Identification Number) is 52-2203356. IRS Form 990 filing data is available on this page for 2020–2025.

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

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