The Ennio and Rosa Corte Foundation Inc
The Ennio and Rosa Corte Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BLUEFIELD, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $11.2M in total assets. In 2024, it awarded 7 grants totaling $650K. Net investment income was $303K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$11.2M
-2.9% YoY
Annual Giving
$650K
-7.1% YoY
Grant Count
7
-12.5% YoY
Avg Grant Size
$93K
+6.1% YoY
Under IRS private-foundation payout rules, The Ennio and Rosa Corte Foundation Inc reported a distributable amount of $644K for 2024 — the minimum it must pay out in qualifying distributions.
About The Ennio and Rosa Corte Foundation Inc
Based on IRS filings
The Ennio and Rosa Corte Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BLUEFIELD, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $11.2M in total assets. In 2024, it awarded 7 grants totaling $650K. Net investment income was $303K.
Focus Areas
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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 | $11,223,688 | $11,553,135 | $11,972,280 |
| Revenue | $361,463 | $318,512 | $269,799 |
| Expenses | $690,910 | $737,657 | $740,043 |
| Qualifying Distributions | $650,000 | $700,000 | $700,000 |
| Net Investment Income | $303,032 | $259,367 | $209,647 |
| Distributable Amount | $644,497 | $612,980 | $628,483 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
37 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Duke Cancer Institute ($325,000), St Jude Children's Research Hospital ($205,000), Bluefield Union Mission ($65,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BLUEFIELD UNION MISSION BLUEFIELD, WV | CHARITABLE | $65,000 |
| COMMUNITY FOUNDATION OF THE VIRGINIAS INC BLUEFIELD, WV | CHARITABLE | $5,000 |
| DUKE CANCER INSTITUTE DURHAM, NC | HEMATOLOGY-ONCOLOGY RESEARCH | $325,000 |
| FIRST UNITED METHODIST CHURCH BLUEFIELD, VA | RELIGIOUS | $30,000 |
| FIVE LOAVES & TWO FISHES FOODBANK WELCH, WV | CHARITABLE | $5,000 |
| SOUTHWEST VIRGINA COMMUNITY COLLEGE EDUCATIONAL FOUNDATION RICHLANDS, VA | EDUCATION | $15,000 |
| ST JUDE CHILDREN'S RESEARCH HOSPITAL MEMPHIS, TN | CHARITABLE | $205,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LORETTA CORTE | DIRECTOR | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Ennio and Rosa Corte Foundation Inc?
The Ennio and Rosa Corte Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BLUEFIELD, VA. It holds $11.2M in total assets as of 2024.
How large is The Ennio and Rosa Corte Foundation Inc?
As of 2024, The Ennio and Rosa Corte Foundation Inc holds $11.2M in total assets with $361K in annual revenue. It awarded 7 grants totaling $650K in 2024.
Where does The Ennio and Rosa Corte Foundation Inc operate?
The Ennio and Rosa Corte Foundation Inc has awarded grants in Florida, North Carolina, Tennessee, Virginia, West Virginia.
What size grants does The Ennio and Rosa Corte Foundation Inc award?
In 2024, The Ennio and Rosa Corte Foundation Inc awarded 7 grants totaling $650K — an average of about $93K per grant, based on its IRS Form 990 filings.
How much is The Ennio and Rosa Corte Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Ennio and Rosa Corte Foundation Inc reported a distributable amount of $644K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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