The Ennio and Rosa Corte Foundation Inc

Private foundation · Grantmaker Bluefield, VA EIN: 54-1940655

The Ennio and Rosa Corte Foundation Inc is a private foundation, based in Bluefield, VA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $11.0M in total assets. In 2025, it awarded 7 grants totaling $595K. Net investment income was $317K.

Key facts about The Ennio and Rosa Corte Foundation Inc

In short: The Ennio and Rosa Corte Foundation Inc gave $595K across 7 grants in 2025 (avg $85K), top state North Carolina. Source: 2025 IRS Form 990-PF.

EIN
54-1940655
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$595,000
Grants made (2025)
7
Average grant
$85,000
Median grant
$30,000
Total assets
$10,961,882
Primary geography
North Carolina (46% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$11.0M

-2.3% YoY

Annual Giving

$595K

-8.5% YoY

Grant Count

7

+0.0% YoY

Avg Grant Size

$85K

-8.5% YoY

Under IRS private-foundation payout rules, The Ennio and Rosa Corte Foundation Inc reported a distributable amount of $668K for 2025 — the minimum it must pay out in qualifying distributions.

How The Ennio and Rosa Corte Foundation Inc gives

  • Giving held roughly steady from 2022 to 2025 (−15%). Method
  • In 2025 it paid out 89% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Share of 2025 grant dollars across all 7 itemized grants.

Cities

BluefieldDurhamMemphisRichlandsWelchTampa

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K$800K7 grants2020 7 grants2021 8 grants2022 8 grants2023 7 grants2024 7 grants2025

From 2020 to 2025, annual grant giving ranged from $575K (2020) to $700K (2023). In 2025 it made 7 grants totaling $595K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2025

Duke Cancer Institute: $275KDuke Cancer Institute$275KSt Jude Children's Research Hospital: $200KSt Jude Children's ResearchHospital$200KBluefield Union Mission: $65KBluefield Union Mission$65KFirst United Methodist Church: $30KFirst United Methodist Church$30KSouthwest Virgina Community College Educational Foundation: $15KSouthwest Virgina CommunityCollege Educational Foundation$15KCommunity Foundation of the Virginias Inc: $5KCommunity Foundation of theVirginias Inc$5KFive Loaves & Two Fishes Foodbank: $5KFive Loaves & Two FishesFoodbank$5K

The largest 2025 recipient was Duke Cancer Institute ($275K). Together the top 7 received $595K.

Grant Size Distribution

37 grants across all recorded years

19<$50K8$50–100K5$100–250K5$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 19 grants of 37 (51%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Duke Cancer Institute Durham, NCHematology-Oncology Research$275,000
St Jude Children's Research Hospital Memphis, TNCharitable$200,000
Bluefield Union Mission Bluefield, WVCharitable$65,000
First United Methodist Church Bluefield, VAReligious$30,000
Southwest Virgina Community College Educational Foundation Richlands, VAEducation$15,000
Community Foundation of the Virginias Inc Bluefield, WVCharitable$5,000
Five Loaves & Two Fishes Foodbank Welch, WVCharitable$5,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$250K$500K$750K$1M2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$10,961,882$11,223,688$11,553,135
Revenue$375,400$361,463$318,512
Expenses$637,206$690,910$737,657
Qualifying Distributions$595,000$650,000$700,000
Net Investment Income$316,999$303,032$259,367
Distributable Amount$667,927$644,497$612,980

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2025 (received by the IRS May 6, 2026)
  2. Updated Form 990-PF for fiscal year 2020 (received by the IRS May 10, 2021)
  3. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 11, 2022)
  4. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 10, 2023)
  5. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 10, 2024)
  6. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 12, 2025)
  7. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

The Ennio and Rosa Corte Foundation Inc is led by Loretta Corte, Director on every filing since 2020 — the only officer listed, and uncompensated.

Officers on the 2025 filing

  • Loretta Corte

    Director

    On filings since 2020

    No compensation reported

Data from IRS Form 990 filings, 2020–2025. "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 The Ennio and Rosa Corte Foundation Inc

How much does The Ennio and Rosa Corte Foundation Inc give each year?

The Ennio and Rosa Corte Foundation Inc gave $595K across 7 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $650K across 7 grants.

What is The Ennio and Rosa Corte Foundation Inc's typical grant size?

The Ennio and Rosa Corte Foundation Inc's median grant in 2025 was $30,000, and its average grant was $85,000, across 7 grants on its 2025 IRS Form 990-PF.

Where does The Ennio and Rosa Corte Foundation Inc give grants?

The Ennio and Rosa Corte Foundation Inc's top state is North Carolina, with 46% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were Tennessee (34%) and West Virginia (13%). The most frequent recipient cities were Bluefield, WV (2 grants).

Does The Ennio and Rosa Corte Foundation Inc give general operating support?

Not in 2025: none of the 7 grants with a stated purpose on The Ennio and Rosa Corte Foundation Inc's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charitable" (4 grants).

Who are The Ennio and Rosa Corte Foundation Inc's largest grantees?

The Ennio and Rosa Corte Foundation Inc's largest 2025 grantees include Duke Cancer Institute ($275,000), St Jude Children's Research Hospital ($200,000) and Bluefield Union Mission ($65,000), according to its 2025 IRS Form 990-PF. Together they received 91% of its itemized 2025 grant dollars.

How large is The Ennio and Rosa Corte Foundation Inc?

The Ennio and Rosa Corte Foundation Inc reported $11.0M in total assets on its 2025 IRS Form 990-PF. It paid out $595K in qualifying distributions that year, against a required minimum of $668K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

What is The Ennio and Rosa Corte Foundation Inc's EIN?

The Ennio and Rosa Corte Foundation Inc's EIN (Employer Identification Number) is 54-1940655. IRS Form 990 filing data is available on this page for 2020–2025.

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

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