The Devito Family Trust is a private non-operating foundation based in Reisterstown, Maryland. Established in 1994, the trust operates as a grantmaking organization that provides financial support to preselected charitable organizations across multiple states.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$8.1M
-1.7% YoY
Annual Giving
$494K
+7.4% YoY
Grant Count
28
+12.0% YoY
Avg Grant Size
$18K
-4.1% YoY
Mission & Focus Areas
The trust's primary funding areas include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
Grantmaking
The foundation only makes contributions to preselected charitable organizations and does not accept unsolicited applications for funds.
Grant Range
$350 to $229,750
Average Grant
amount: $17,000
How to Apply
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Geographic Focus
Where this funder awards grants
The trust primarily funds organizations in:
- Maryland
- New York
- Connecticut
- Florida
These regions account for approximately 99% of the foundation's grantmaking activity.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
Current Financial Position (2024):
- Total assets: $8,118,003
- Total annual giving: $494,365
- Total revenues: $468,161
- Total expenses: $605,069
- Annual income: $1.5 million
Asset Growth: Total assets have grown from $4.6 million in 2011 to $8.3 million in 2023, demonstrating significant growth in the foundation's endowment over the past decade.
Staffing: The foundation employs 1 full-time staff member.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $8,118,003 | $8,254,911 | $8,649,090 |
| Revenue | $468,161 | $184,398 | $-551,138 |
| Expenses | $605,069 | $578,577 | $645,699 |
| Qualifying Distributions | $553,494 | $526,253 | $578,529 |
| Net Investment Income | $416,586 | $150,398 | $146,233 |
| Distributable Amount | $557,651 | $503,511 | $522,339 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
120 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- Mathias J. Devito – Trustee
- Ann Devito Walker – Trustee/Executive Director (15 hours per week, unpaid)
- Sharon Huffer – Administrative Assistant (40 hours per week, $50,000 annual compensation)
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ANN DEVITO WALKER | TRUSTEE/EXECUTIVE DIRECTOR | 15 | — |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
Rotary Club of Columbia Patuxent
COLUMBIA, MD
Assets
$376K
Grants
1
Total Given
$12K
American Federation for Children Growth
COLUMBIA, MD
Assets
$9.4M
Grants
11
Total Given
$2.4M
Mayfield Scholastic Ltd
BALTIMORE, MD
Assets
—
Grants
1
Total Given
$38K
Baltimore Curriculum Project Inc
BALTIMORE, MD
Assets
$17.3M
Grants
6
Total Given
$2.7M
Government Employees' Benefit
HANOVER, MD
Assets
$3K
Grants
43
Total Given
$108K
Charles F and Margaret Mh Obrecht
BALTIMORE, MD
Assets
$1.2M
Grants
79
Total Given
$131K
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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