Mortimer H Furtsch Foundation Inc is a private foundation focused on Education, based in DELRAY BEACH, FL. IRS filing data is available from 2020 through 2021. In 2021, it awarded 2 grants totaling $289K. Net investment income was $3K.
Financial Overview
From 2021 IRS Form 990-PF · View filing
Total Assets
—
-100.0% YoY
Annual Giving
$289K
+5671.8% YoY
Grant Count
2
+100.0% YoY
Avg Grant Size
$144K
+2785.9% YoY
Under IRS private-foundation payout rules, Mortimer H Furtsch Foundation Inc reported a distributable amount of $3K for 2021 — the minimum it must pay out in qualifying distributions.
About Mortimer H Furtsch Foundation Inc
Based on IRS filings
Mortimer H Furtsch Foundation Inc is a private foundation focused on Education, based in DELRAY BEACH, FL. IRS filing data is available from 2020 through 2021. In 2021, it awarded 2 grants totaling $289K. Net investment income was $3K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2021 | 2020 |
|---|---|---|
| Total Assets | — | $309,992 |
| Revenue | $3,052 | $13,666 |
| Expenses | $292,694 | $6,720 |
| Qualifying Distributions | $288,592 | — |
| Net Investment Income | $3,052 | $11,966 |
| Distributable Amount | $3,371 | $13,841 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2021
Grant Size Distribution
3 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2021 grants, the largest include Vanguard Charitable Endowment Program ($286,592), Bridgeport Public Education Fund ($2,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BRIDGEPORT PUBLIC EDUCATION FUND BRIDGEPORT, CT | EDUCATION OF CHILDREN THROUGH SCHOLARSHIPS | $2,000 |
| VANGUARD CHARITABLE ENDOWMENT PROGRAM WARWICK, RI | ALL ASSETS OF MORTIMER H FURTSCH FOUNDATION INC. WERE TRANSFERRED TO VANGUARD CHARITABLE AND THE MORTIMER H FURTSCH HAS TERMINATED. | $286,592 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2021 IRS filing
From 2021 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CAROL VAZ | PRESIDENT | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Mortimer H Furtsch Foundation Inc?
Mortimer H Furtsch Foundation Inc is a private foundation focused on Education, based in DELRAY BEACH, FL. It holds — in total assets as of 2021.
Where does Mortimer H Furtsch Foundation Inc operate?
Mortimer H Furtsch Foundation Inc has awarded grants in Connecticut, Rhode Island.
What size grants does Mortimer H Furtsch Foundation Inc award?
In 2021, Mortimer H Furtsch Foundation Inc awarded 2 grants totaling $289K — an average of about $144K per grant, based on its IRS Form 990 filings.
How much is Mortimer H Furtsch Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2021, Mortimer H Furtsch Foundation Inc reported a distributable amount of $3K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Mortimer H Furtsch Foundation Inc's EIN?
Mortimer H Furtsch Foundation Inc's EIN (Employer Identification Number) is 02-0630222. IRS Form 990 filing data is available on this page for 2020–2021.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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