Sft Endowment for Technology

GARDEN CITY, NY EIN: 68-0463844

Sft Endowment for Technology is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GARDEN CITY, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $538K in total assets. In 2024, it awarded 5 grants totaling $45K. Net investment income was $47K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$538K

-0.3% YoY

Annual Giving

$45K

-10.0% YoY

Grant Count

5

-28.6% YoY

Avg Grant Size

$9K

+26.0% YoY

Under IRS private-foundation payout rules, Sft Endowment for Technology reported a distributable amount of $37K for 2024 — the minimum it must pay out in qualifying distributions.

About Sft Endowment for Technology

Based on IRS filings

Sft Endowment for Technology is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GARDEN CITY, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $538K in total assets. In 2024, it awarded 5 grants totaling $45K. Net investment income was $47K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Cities

Los AngelesNew YorkSan DiegoSanta MonicaSausalitoSolvangTellurideTiburon

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$15K$30K$45K$60K20202021202220232024
Metric202420232022
Total Assets$538,497$540,029$565,796
Revenue$48,267$28,562$22,818
Expenses$49,794$54,351$50,592
Qualifying Distributions$47,775$52,795$47,800
Net Investment Income$46,522$27,029$21,224
Distributable Amount$36,903$34,065$35,490

Giving Over Time

Total grant dollars and number of grants per year

$0$13K$25K$38K$50K7 grants20207 grants20217 grants20227 grants20235 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

LITTLE VILLAGE FOUNDATION$13KKOTO-FM$10KSAN MIGUEL RECREATION CE…$8KTELLURIDE AVALANCE DOGS$8KTHE DAWN REDWOODS CHARIT…$8K

Grant Size Distribution

33 grants across all recorded years

33<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Little Village Foundation ($12,500), Koto-fm ($10,000), San Miguel Recreation Center ($7,500).

RecipientPurposeAmount
KOTO-FM TELLURIDE, COEDUCATIONAL$10,000
LITTLE VILLAGE FOUNDATION SOLVANG, CAOPERATIONAL$12,500
SAN MIGUEL RECREATION CENTER TELLURIDE, COOPERATIONAL$7,500
TELLURIDE AVALANCE DOGS TELLURIDE, COOPERATIONAL$7,500
THE DAWN REDWOODS CHARITABLE TRUST TIBURON, CAOPERATIONAL$7,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
MICHAEL TOBINEXECUTIVE DIRECTOR5
GEORGE BIANCHISECRETARY5

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Sft Endowment for Technology?

Sft Endowment for Technology is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GARDEN CITY, NY. It holds $538K in total assets as of 2024.

How large is Sft Endowment for Technology?

As of 2024, Sft Endowment for Technology holds $538K in total assets with $48K in annual revenue. It awarded 5 grants totaling $45K in 2024.

Where does Sft Endowment for Technology operate?

Sft Endowment for Technology has awarded grants in California, Colorado, New York.

What size grants does Sft Endowment for Technology award?

In 2024, Sft Endowment for Technology awarded 5 grants totaling $45K — an average of about $9K per grant, based on its IRS Form 990 filings.

How much is Sft Endowment for Technology required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Sft Endowment for Technology reported a distributable amount of $37K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Sft Endowment for Technology's EIN?

Sft Endowment for Technology's EIN (Employer Identification Number) is 68-0463844. IRS Form 990 filing data is available on this page for 2020–2024.

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

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