The Margaret Zito Private Foundation

Private foundation · Grantmaker West Chester, OH EIN: 26-0385786

The Margaret Zito Private Foundation is a private foundation, based in West Chester, OH. IRS filing data is available from 2020 through 2022. In 2022, it awarded 4 grants totaling $557K. Net investment income was $62K.

Key facts about The Margaret Zito Private Foundation

In short: The Margaret Zito Private Foundation gave $557K across 4 grants in 2022 (avg $139K), mostly in Florida. Source: 2022 IRS Form 990-PF.

EIN
26-0385786
Latest 990 filing
Form 990-PF, 2022
Annual giving (2022)
$556,683
Grants made (2022)
4
Average grant
$139,171
Median grant
$20,000
Primary geography
Florida (91% of itemized 2022 grant dollars)

Data from IRS Form 990-PF, 2022; updated September 2026.

Financial Overview

From 2022 IRS Form 990-PF · View filing

Total Assets

—

Annual Giving

$557K

+812.6% YoY

Grant Count

4

+0.0% YoY

Avg Grant Size

$139K

+812.6% YoY

Under IRS private-foundation payout rules, The Margaret Zito Private Foundation reported a distributable amount of $31K for 2022 — the minimum it must pay out in qualifying distributions.

How The Margaret Zito Private 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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Share of 2022 grant dollars across all 4 itemized grants.

Cities

AvonBereaNorth CharlestonSt Petersburg

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K2 grants2020 4 grants2021 4 grants2022

From 2020 to 2022, annual grant giving ranged from $21K (2020) to $557K (2022). In 2022 it made 4 grants totaling $557K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2022

Raymond James Charitable: $507KRaymond James Charitable$507KSantuary of Unborn Life: $25KSantuary of Unborn Life$25KOur Lady of the Wayside: $15KOur Lady of the Wayside$15KBaldwin Wallace University: $10KBaldwin Wallace University$10K

The largest 2022 recipient was Raymond James Charitable ($507K). Together the top 4 received $557K.

Grant Size Distribution

10 grants across all recorded years

9<$50K$50–100K$100–250K$250–500K1$500K–1M$1–5M$5M+

The most common grant size was under $50K: 9 grants of 10 (90%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Raymond James Charitable St Petersburg, FLTransfer All Remaining Assets to Donor Advised Fund$506,683
Santuary of Unborn Life North Charleston, SCProvide Support and Encouragement for Pregnant Women$25,000
Our Lady of the Wayside Avon, OHCharitable Giving$15,000
Baldwin Wallace University Berea, OHCharitable Giving$10,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$200K$400K$600K$800K2020 2021 2022
Metric202220212020
Total Assets—$505,187$515,138
Revenue$71,417$70,168$-13,836
Expenses$575,731$76,222$32,817
Qualifying Distributions$566,307$68,619—
Net Investment Income$61,993$62,566$8,213
Distributable Amount$30,957$57,692$51,023

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2022

Leadership & Key People

Officers and directors from IRS filings

The Margaret Zito Private Foundation is led by Margaret M. Zito, Managing Trustee on every filing since 2020; none of the 4 officers listed in 2022 report compensation.

Officers on the 2022 filing

  • Margaret M. Zito

    Managing Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

  • Christopher Zito

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

  • Julainne K. Layman

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

  • Zachary E. Zito

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2022. "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 Margaret Zito Private Foundation

How much does The Margaret Zito Private Foundation give each year?

The Margaret Zito Private Foundation gave $557K across 4 grants in 2022, according to its 2022 IRS Form 990-PF. In 2021 it gave $61K across 4 grants.

What is The Margaret Zito Private Foundation's typical grant size?

The Margaret Zito Private Foundation's median grant in 2022 was $20,000, and its average grant was $139,171, across 4 grants on its 2022 IRS Form 990-PF.

Where does The Margaret Zito Private Foundation give grants?

The Margaret Zito Private Foundation gives mostly in Florida: 91% of the grant dollars itemized on its 2022 IRS Form 990-PF went to recipients there.

Does The Margaret Zito Private Foundation give general operating support?

Not in 2022: none of the 4 grants with a stated purpose on The Margaret Zito Private Foundation's 2022 IRS Form 990-PF were described as general or operating support.

How much is The Margaret Zito Private Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2022, The Margaret Zito Private Foundation reported a distributable amount of $31K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Margaret Zito Private Foundation's EIN?

The Margaret Zito Private Foundation's EIN (Employer Identification Number) is 26-0385786. IRS Form 990 filing data is available on this page for 2020–2022.

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

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