The Torch Foundation Ltd logo

The Torch Foundation Ltd

Foundation · Grantmaker Commack, NY EIN: 13-3638911 Website

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.

Key facts about The Torch Foundation Ltd

In short: The Torch Foundation Ltd gave $60K across 5 grants in 2024 (avg $12K), mostly in New York. Source: 2024 IRS Form 990 filing.

EIN
13-3638911
Latest 990 filing
Form 990 filing, 2024
Annual giving (2024)
$60,000
Grants made (2024)
5
Average grant
$12,000
Median grant
$10,000
Total assets
$318,520
Primary geography
New York (100% of itemized 2024 grant dollars)

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

Financial Overview

From 2024 IRS Form 990 filing · View filing

Total Assets

$319K

-19.0% YoY

Annual Giving

$60K

+18.5% YoY

Grant Count

5

-16.7% YoY

Avg Grant Size

$12K

+42.2% YoY

How The Torch Foundation Ltd gives

  • Giving grew 700% from 2021 to 2024. Method

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

About The Torch Foundation Ltd

Based on IRS filings

The Torch Foundation Ltd is a nonprofit organization 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

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Share of all 5 itemized 2024 grant dollars.

Cities

PurchaseNew YorkOceansideBostonChicagoDenverGarrisonHackensackLedgewoodMiddle VillagePelhamValhalla

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K4 grants20201 grants20214 grants20226 grants20235 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

NYU Langone Medical: $20KNYU Langone Medical$20KMaria Fareri Children: $10KMaria Fareri Children$10KSaint Basil Academy: $10KSaint Basil Academy$10KAfmda Magen David Adom: $10KAfmda Magen David Adom$10KBronx Lacrosse: $10KBronx Lacrosse$10K

Grant Size Distribution

20 grants across all recorded years

20<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
NYU LANGONE MEDICAL New York, NYCARING FOR SICK CHILDREN$20,000
MARIA FARERI CHILDREN Valhalla, NYHELPS SUPPORT FAMILIES WHOSE CHILDREN ARE IN THE HOSPITAL$10,000
SAINT BASIL ACADEMY Garrison, NYNON-PROFIT HOME FOR CHILDREN IN CRISIS$10,000
AFMDA MAGEN DAVID ADOM New York, NYCRITICAL CARE TO VICTIMS OF ATTACKS$10,000
BRONX LACROSSE Purchase, NYSPORT BASED YOUTH DEVELOPMENT PROGRAM THAT EMPOWERS YOUTH ON THE FIELD AND IN THE CLASSROOM$10,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$100K$200K$300K$400K20202021202220232024
Metric202420232022
Total Assets$318,520$393,465$486,014
Revenue$79,429$69,520$115,667
Expenses$154,374$142,069$116,515
Qualifying Distributions———
Net Investment Income$9,212$4,101$45
Distributable Amount———

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 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 filing. 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 filing.

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 filing 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 filing 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 filing. 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 filing. Its revenue that year was $79K.

What is The Torch Foundation Ltd?

The Torch Foundation Ltd is a nonprofit organization 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.

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