The Torch Foundation Ltd
The Torch Foundation ltd is a nonprofit organization within the real estate, design and construction community established to give something back to our industry and the children of our society.
The Torch Foundation Ltd at a glance
In short: The Torch Foundation Ltd gave $60K across 5 grants in 2024 (avg $12K), mostly in New York. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $60,000
- +18.5% vs 2023
- Grants made (2024)
- 5
- -16.7% vs 2023
- Average grant
- $12,000
- +42.2% vs 2023
- Median grant
- $10,000
- Total assets
- $318,520
- -19.0% vs 2023
- Primary geography
- New York (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
Who The Torch Foundation Ltd funds
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
The largest 2024 recipient was NYU Langone Medical ($20K). Together the top 5 received $60K.
Grant Size Distribution
20 grants across all recorded years
The most common grant size was under $50K: 20 grants of 20 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 5 itemized grants.
Cities
How The Torch Foundation Ltd gives
- Giving grew 700% from 2021 to 2024. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $8K (2021) to $60K (2024). In 2024 it made 5 grants totaling $60K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| NYU Langone Medical New York, NY | Caring for Sick Children | $20,000 |
| Maria Fareri Children Valhalla, NY | Helps support families whose children are in the hospital | $10,000 |
| Saint Basil Academy Garrison, NY | Non-Profit Home for Children in Crisis | $10,000 |
| Afmda Magen David Adom New York, NY | Critical Care to Victims of Attacks | $10,000 |
| Bronx Lacrosse Purchase, NY | Sport based youth development program that empowers youth on the field and in the classroom | $10,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $318,520 | $79,429 | $154,374 | $60,000 | 5 | $9,212 |
| 2023 | $393,465 | $69,520 | $142,069 | $50,633 | 6 | $4,101 |
| 2022 | $486,014 | $115,667 | $116,515 | $35,500 | 4 | $45 |
| 2021 | $479,362 | $126,879 | $130,594 | $7,500 | 1 | $51 |
| 2020 | $475,577 | $327,595 | $171,307 | $55,000 | 4 | $917 |
About The Torch Foundation Ltd
Based on IRS filings
The Torch Foundation Ltd is a public charity focused on Human Services, based in Commack, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $319K in total assets. In 2024, it awarded 5 grants totaling $60K. Net investment income was $9K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
The Torch Foundation Ltd is led by Joseph Rutigliano, President on every filing since 2020 — the only officer listed, and uncompensated.
Officers on the 2024 filing
Joseph Rutigliano
President
On filings since 2020
7 hrs/week
No compensation reported
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 Torch Foundation Ltd
How much does The Torch Foundation Ltd give each year?
The Torch Foundation Ltd gave $60K across 5 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $51K across 6 grants.
What is The Torch Foundation Ltd's typical grant size?
The Torch Foundation Ltd's median grant in 2024 was $10,000, and its average grant was $12,000, across 5 grants on its 2024 IRS Form 990.
Where does The Torch Foundation Ltd give grants?
The Torch Foundation Ltd gives mostly in New York: 100% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The most frequent recipient cities were New York, NY (2 grants).
Does The Torch Foundation Ltd give general operating support?
Not in 2024: none of the 5 grants with a stated purpose on The Torch Foundation Ltd's 2024 IRS Form 990 were described as general or operating support.
Who are The Torch Foundation Ltd's largest grantees?
The Torch Foundation Ltd's largest 2024 grantees include NYU Langone Medical ($20,000), Maria Fareri Children ($10,000) and Saint Basil Academy ($10,000), according to its 2024 IRS Form 990. Together they received 67% of its itemized 2024 grant dollars.
How large is The Torch Foundation Ltd?
The Torch Foundation Ltd reported $319K in total assets on its 2024 IRS Form 990. Its revenue that year was $79K.
What is The Torch Foundation Ltd?
The Torch Foundation Ltd is a public charity focused on Human Services, based in Commack, NY. It holds $319K in total assets as of 2024.
What is The Torch Foundation Ltd's EIN?
The Torch Foundation Ltd's EIN (Employer Identification Number) is 13-3638911. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS September 15, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS September 15, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS September 14, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS September 16, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS September 15, 2025)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work The Torch Foundation Ltd funds
Human Services Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in The Torch Foundation Ltd's focus areas in our free grants database
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