Maryland Foundation for Research & Econo
Maryland Foundation for Research & Econo is a private foundation, based in Woodbine, MD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $917 in total assets. In 2024, it made $120 in qualifying distributions.
Maryland Foundation for Research & Econo at a glance
- Total assets
- $917
- -11.6% vs 2023
- Qualifying distributions (2024)
- $120
- -99.0% vs 2023
- Expenses (2024)
- $120
- -99.0% vs 2023
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026.
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Qualifying Distributions | Distributable Amount |
|---|---|---|---|---|---|
| 2024 | $917 | — | $120 | $120 | $48 |
| 2023 | $1,037 | $12,569 | $12,295 | $12,295 | $101 |
| 2022 | $1,088 | — | $120 | $120 | $57 |
| 2021 | $1,208 | — | $134 | $134 | $63 |
| 2020 | $1,342 | — | $142 | — | $70 |
Under IRS private-foundation payout rules, Maryland Foundation for Research & Econo reported a distributable amount of $48 for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Maryland Foundation for Research & Econo is led by Duane Carey, President on every filing since 2020; none of the 16 officers listed in 2024 report compensation.
Officers on the 2024 filing
Duane Carey
President
On filings since 2020
1 hr/week
No compensation reported
Jay Steinmetz
Pac Chair
Board Member → Pac Chair, 2023
On filings since 2022
No compensation reported
Scott Dorsey
Board Chair
Chair → Board Chair, 2023
On filings since 2022
No compensation reported
Carville Collins
Counsel
Chairman Emeritus → Counsel, 2023
On filings since 2022
No compensation reported
Christina Ensley
Board Member
On filings since 2022
No compensation reported
Mark Cissell
Board Member
Treasurer → Board Member, 2023
On filings since 2022
No compensation reported
Paul Clary
Secretary
Board Member → Secretary, 2023
On filings since 2022
No compensation reported
Paul Skalny
Board Member
On filings since 2022
No compensation reported
Dave McManus
Board Member
On filings since 2023
No compensation reported
Ellen Sauerbrey
Chair Emeritus
On filings since 2023
No compensation reported
Frank Kelly III
Board Member
On filings since 2023
No compensation reported
Jeff Rives
Board Member
On filings since 2023
No compensation reported
Jerry Kovack
Board Member
On filings since 2023
No compensation reported
Kimberly Prescott
Board Member
On filings since 2023
No compensation reported
Stephen Wolf
Treasurer
On filings since 2023
No compensation reported
Tim Bojanowski
Board Member
On filings since 2023
No compensation reported
Former officers (9)
- Former: Bradley Myers (2022–2023) — Board Member
- Former: Christopher Costello (2022–2023) — Board Member
- Former: Candace Gill (2022) — Board Member
- Former: David McManus (2022) — Board Member
- Former: Francis Kelley III (2022) — Board Member
- Former: Honorable Ellen R. Sauerbray (2022) — Chair Emeritus
- Former: Jerry Wit (2022) — Chairman Emeritus
- Former: Latara Harris (2022) — Board Member
- Former: Tami Watkins (2022) — Board Member
Data from IRS Form 990 filings, 2020–2024. "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 Maryland Foundation for Research & Econo
How large is Maryland Foundation for Research & Econo?
Maryland Foundation for Research & Econo reported $917 in total assets on its 2024 IRS Form 990-PF. It paid out $120 in qualifying distributions that year, against a required minimum of $48 (roughly 5% of its investment assets).
What is Maryland Foundation for Research & Econo's EIN?
Maryland Foundation for Research & Econo's EIN (Employer Identification Number) is 52-1772622. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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