Mark & Virginia Rometty Foundation
Mark & Virginia Rometty Foundation is a private foundation, based in Naples, FL. IRS filing data is available from 2024 through 2025. As of 2025, the organization holds $7.1M in total assets. In 2025, it awarded 5 grants totaling $660K. Net investment income was $2.0M.
Key facts about Mark & Virginia Rometty Foundation
In short: Mark & Virginia Rometty Foundation gave $660K across 5 grants in 2025 (avg $132K), mostly in Minnesota. Source: 2025 IRS Form 990-PF.
- EIN
- 99-6848615
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $660,000
- Grants made (2025)
- 5
- Average grant
- $132,000
- Median grant
- $100,000
- Total assets
- $7,133,284
- Primary geography
- Minnesota (61% 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
$7.1M
+41.8% YoY
Annual Giving
$660K
+20.0% YoY
Grant Count
5
+25.0% YoY
Avg Grant Size
$132K
-4.0% YoY
Under IRS private-foundation payout rules, Mark & Virginia Rometty Foundation reported a distributable amount of $266K for 2025 — the minimum it must pay out in qualifying distributions.
How Mark & Virginia Rometty Foundation gives
- In 2025 it paid out 249% 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
Share of all 5 itemized 2025 grant dollars.
Cities
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2025
Grant Size Distribution
9 grants across all recorded years
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| MAYO CLINIC Rochester, MN | GENERAL CHARITABLE PURPOSES | $400,000 |
| BROOKINGS INSTITUTION Washington, DC | GENERAL CHARITABLE PURPOSES | $100,000 |
| NAPLES COMMUNITY HOSPITAL INC Naples, FL | GENERAL CHARITABLE PURPOSES | $100,000 |
| NATIONAL GEOGRAPHIC SOCIETY Washington, DC | GENERAL CHARITABLE PURPOSES | $50,000 |
| JOURNEY TO LEAD INC Annapolis, MD | GENERAL CHARITABLE PURPOSES | $10,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 |
|---|---|---|
| Total Assets | $7,133,284 | $5,030,547 |
| Revenue | $4,694,153 | $8,276,195 |
| Expenses | $744,374 | $560,687 |
| Qualifying Distributions | $660,000 | $559,447 |
| Net Investment Income | $2,008,486 | $2,747,968 |
| Distributable Amount | $265,507 | $41,987 |
Data update history
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2024 (received by the IRS September 11, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 13, 2026)
Leadership & Key People
Officers and directors from IRS filings
Mark & Virginia Rometty Foundation's 2025 filing lists 2 officers; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Mark Rometty
Trustee
On filings since 2024
1 hr/week
No compensation reported
Virginia Rometty
Trustee
On filings since 2024
3 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2024–2025. "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 Mark & Virginia Rometty Foundation
How much does Mark & Virginia Rometty Foundation give each year?
Mark & Virginia Rometty Foundation gave $660K across 5 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $550K across 4 grants.
What is Mark & Virginia Rometty Foundation's typical grant size?
Mark & Virginia Rometty Foundation's median grant in 2025 was $100,000, and its average grant was $132,000, across 5 grants on its 2025 IRS Form 990-PF.
Where does Mark & Virginia Rometty Foundation give grants?
Mark & Virginia Rometty Foundation gives mostly in Minnesota: 61% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were District of Columbia (23%) and Florida (15%). The most frequent recipient cities were Washington, DC (2 grants).
Does Mark & Virginia Rometty Foundation give general operating support?
Yes: 100% of Mark & Virginia Rometty Foundation's 2025 grants with a stated purpose (5 of 5) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are Mark & Virginia Rometty Foundation's largest grantees?
Mark & Virginia Rometty Foundation's largest 2025 grantees include Mayo Clinic ($400,000), Brookings Institution ($100,000) and Naples Community Hospital Inc ($100,000), according to its 2025 IRS Form 990-PF. Together they received 91% of its itemized 2025 grant dollars.
How large is Mark & Virginia Rometty Foundation?
Mark & Virginia Rometty Foundation reported $7.1M in total assets on its 2025 IRS Form 990-PF. It paid out $660K in qualifying distributions that year, against a required minimum of $266K (roughly 5% of its investment assets).
What is Mark & Virginia Rometty Foundation's EIN?
Mark & Virginia Rometty Foundation's EIN (Employer Identification Number) is 99-6848615. IRS Form 990 filing data is available on this page for 2024–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
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