The Fortuna Foundation

Private foundation · Grantmaker Houston, TX EIN: 20-1789195

The Fortuna Foundation is a private foundation, based in Houston, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $27K in total assets. Net investment income was $334.

Key facts about The Fortuna Foundation

EIN
20-1789195
Latest 990 filing
Form 990-PF, 2024
Total assets
$26,663

Data from IRS Form 990-PF, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$27K

+1.3% YoY

Revenue

$334

+1755.6% YoY

Net Investment Income

$334

+1755.6% YoY

Expenses

—

-100.0% YoY

Under IRS private-foundation payout rules, The Fortuna Foundation reported a distributable amount of $1K for 2024 — the minimum it must pay out in qualifying distributions.

How The Fortuna Foundation gives

  • In 2022 it paid out well above its IRS minimum distribution (the 5% rule). Method

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

Your AI grants department

Ready to take the next step with The Fortuna Foundation?

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

States

Cities

Pasadena

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K0 grants20200 grants20211 grants20220 grants20230 grants2024

In 2022 it made 1 grant totaling $50K.

Grant Insights

How this funder distributes its grants

Grant Size Distribution

1 grants across all recorded years

<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was in the $50–100K range: 1 grant of 1 (100%).

Giving History

Grant recipients and amounts by year

No grants recorded for 2024.

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$20K$40K$60K20202021202220232024
Metric202420232022
Total Assets$26,663$26,329$26,337
Revenue$334$18$19
Expenses—$26$50,024
Qualifying Distributions——$50,024
Net Investment Income$334$18$19
Distributable Amount$1,300$1,297$1,297

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

The Fortuna Foundation is led by Angela C Sabella, President & Director on every filing since 2020; none of the 2 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Angela C Sabella

    President & Director

    On filings since 2020

    No compensation reported

  • Anthony M Tang

    Vice President & Director

    On filings since 2020

    No compensation reported

Former officers (1)
  • Former: Dominic Leung (2020–2023) — Secretary, Treasurer & Director

Data from IRS Form 990 filings, 2020–2024. "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 Fortuna Foundation

How large is The Fortuna Foundation?

The Fortuna Foundation reported $27K in total assets on its 2024 IRS Form 990-PF. Its revenue that year was $334.

Where does The Fortuna Foundation operate?

The Fortuna Foundation has awarded grants in California.

How much is The Fortuna Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Fortuna Foundation reported a distributable amount of $1K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Fortuna Foundation's EIN?

The Fortuna Foundation's EIN (Employer Identification Number) is 20-1789195. IRS Form 990 filing data is available on this page for 2020–2024.

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

Your AI grants department

Here's the math on researching The Fortuna Foundation by hand.

Explore Open Grants

Browse active grant opportunities in The Fortuna Foundation's focus areas in our free grants database

Similar Funders

Funders that support many of the same organizations

Communities Foundation of Texas Inc

Dallas, TX

Communities Foundation of Texas funds charitable work in health, wealth, living, and learning, with much of its grantmaking supporting North Texas nonprofits; its 2025 grants had a median of $18,779, though award sizes varied widely. Nearly all opportunities are by invitation, and its Nonprofit Gateway profile is not a grant application.

Philanthropy, Voluntarism & Grantmaking

Assets

$1.2B

Grants

2,209

Total Given

$209.2M

Greater Houston Community Foundation

Houston, TX

The Foundation makes grants through donor-advised and other donor-established funds for public benefit, human services, education, and health, including initiatives addressing economic mobility and poverty in Harris County. In 2024, its median grant was $25,000; it serves Greater Houston, while grants also go to recipients elsewhere in Texas and beyond. It does not accept proposals for the upcoming High-Impact Grantmaking cycle and plans to invite selected organizations or collaboratives to apply.

Assets

$1.1B

Grants

1,724

Total Given

$232.3M

Baker Hughes Foundation

Houston, TX

Philanthropy, Voluntarism & Grantmaking

Assets

$2.2M

Grants

990

Total Given

$3.2M

BNSF Railway Foundation

Fort Worth, TX

The BNSF Railway Foundation supports civic, cultural, educational, health and human services, environmental, and youth programs, as well as general operating costs, in communities served by BNSF across its 28-state network. Its 2025 median grant was $2,500; its current grants program lists awards of $1,000–$10,000.

Philanthropy, Voluntarism & Grantmaking

Assets

$23.0M

Grants

993

Total Given

$7.0M

Community Foundation of North Texas (Tax

Fort Worth, TX

The Community Foundation of North Texas supports nonprofits through grants for areas including animal welfare, conservation, community development, nonprofit capacity, and opportunity, primarily in North Texas, including seven listed counties. Its 2024 grants had a median amount of $14,250, with awards ranging from $5,100 to $1.5 million. It offers competitive grants through application cycles; nonprofits cannot apply for donor-advised grants.

Philanthropy, Voluntarism & Grantmaking

Assets

$544.9M

Grants

872

Total Given

$41.3M

The Houston Food Bank

Houston, TX

The Houston Food Bank supports food distribution and related hunger-relief programs, including school, children’s, and senior food initiatives, through community organizations in 18 Southeast Texas counties. Its 2025 grants had a median of $33,402, though awards varied widely; the profile does not state whether it accepts unsolicited requests.

Assets

$164.4M

Grants

1,128

Total Given

$210.7M

Michael & Susan Dell Foundation

Austin, TX

The Michael & Susan Dell Foundation funds education, health, family economic stability, and nonprofit capacity, with a strong focus on children and families and its deepest investment in Texas, especially Greater Austin; it also supports work elsewhere in the U.S. and internationally. Its 2024 grants ranged from $75 to $50 million, with a median of $19,324. It accepts unsolicited requests through an online application.

Assets

—

Grants

835

Total Given

$164.6M

American Heart Association Inc

Dallas, TX

The American Heart Association funds basic, clinical, behavioral, translational, population, and other research on cardiovascular, cerebrovascular, and brain health, mainly through research awards to eligible U.S.-based nonprofit institutions. In 2025, grants ranged from $5,000 to $9.9 million, with a median award of $20,000. Applications are submitted through designated programs; the profile does not state whether unsolicited requests are accepted.

Diseases, Disorders & Medical Disciplines

Assets

$2.0B

Grants

833

Total Given

$198.2M

Laura and John Arnold Foundation

Houston, TX

Arnold Ventures funds evidence-based research, evaluation, and policy work in criminal justice, health care, higher education and career pathways, public finance, and infrastructure. Its 2024 grants had a median of $122,776 (ranging from $685 to $12.5 million); based in Houston, Texas, it does not accept unsolicited requests, but accepts applications through specific requests for proposals.

Philanthropy, Voluntarism & Grantmaking

Assets

$4.8B

Grants

789

Total Given

$193.3M

The Dallas Foundation

Dallas, TX

The Dallas Foundation funds nonprofits and other charitable organizations working on early childhood, maternal and child health, economic mobility, homelessness, youth mental health, and community needs, primarily in Dallas County. Its 2024 itemized grants had a median of $25,000; listed 2026 cycles seek requests of $5,000–$50,000 or $15,000–$50,000, depending on the program. It accepts applications through grant cycles when open; none are currently open, and organizations outside Dallas County may be eligible if most people they serve live there.

Philanthropy, Voluntarism & Grantmaking

Assets

$491.5M

Grants

788

Total Given

$87.3M

Petco Love

San Antonio, TX

PETCO LOVE funds animal welfare organizations nationwide, supporting adoption and fostering, veterinary care, spay/neuter and vaccines, disaster response, pet cancer work, and service- or therapy-animal programs. Its 2025 grants ranged from $900 to $1,501,500, with a median of $11,000. Organizations must submit an annual data report through the Partner Portal and apply during designated windows; disaster relief is handled on a rolling basis, while some programs are invitation-only.

Philanthropy, Voluntarism & Grantmaking

Assets

$25.1M

Grants

783

Total Given

$18.2M

More Funders in Texas

The Fortuna Foundation down — hundreds of funders to go?

Want AI to do this for you?