Michael and Margaret Picotte Foundation
Michael and Margaret Picotte Foundation is a private foundation, based in SARATOGA SPRINGS, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $5.6M in total assets. In 2024, it awarded 1 grants totaling $252K. Net investment income was $451K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$5.6M
+3.2% YoY
Annual Giving
$252K
+7.9% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$252K
+7.9% YoY
About Michael and Margaret Picotte Foundation
Based on IRS filings
Michael and Margaret Picotte Foundation is a private foundation, based in SARATOGA SPRINGS, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $5.6M in total assets. In 2024, it awarded 1 grants totaling $252K. Net investment income was $451K.
Ready to take the next step with Michael and Margaret Picotte Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $5,586,944 | $5,414,092 | $4,023,714 |
| Revenue | $458,194 | $2,398,540 | $236,682 |
| Expenses | $285,342 | $242,807 | $317,046 |
| Qualifying Distributions | $255,022 | $236,543 | $298,021 |
| Net Investment Income | $451,401 | $1,479,455 | $231,133 |
| Distributable Amount | $309,582 | $256,752 | $255,785 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
26 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 |
|---|---|---|---|
| MICHAEL B PICOTTE | Vice PRESIDENT; <1hr/week | — | — |
| MARGARET L PICOTTE | President; <1hr/week | — | — |
| NICOLE L SMITH | Secretary; <1hr/week | — | — |
| MICHELLE H PICOTTE | TREASURER; <1hr/week | — | — |
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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