Tortimaki Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.4M in total assets. In 2024, it awarded 33 grants totaling $284K. Net investment income was $582K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.4M
+0.8% YoY
Annual Giving
$284K
+33.1% YoY
Grant Count
33
-5.7% YoY
Avg Grant Size
$9K
+41.2% YoY
Under IRS private-foundation payout rules, Tortimaki Foundation reported a distributable amount of $231K for 2024 — the minimum it must pay out in qualifying distributions.
About Tortimaki Foundation
Based on IRS filings
Tortimaki Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.4M in total assets. In 2024, it awarded 33 grants totaling $284K. Net investment income was $582K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,422,498 | $3,394,531 | $3,574,378 |
| Revenue | $336,709 | $56,914 | $88,209 |
| Expenses | $308,742 | $236,761 | $224,140 |
| Qualifying Distributions | $307,442 | $235,438 | $218,740 |
| Net Investment Income | $581,655 | $100,684 | $88,209 |
| Distributable Amount | $230,838 | $214,272 | $219,278 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
166 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Berkshire School Inc ($50,000), Right to Play ($25,000), Save the Sound Inc ($20,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ALZHEIMERS DISEASE AND RELATED DISORDERS ASSOCIATI NEWTON, MA | General & Unrestricted | $10,000 |
| ARS NOVA THEATER I INC NEW YORK, NY | General & Unrestricted | $1,000 |
| AT HOME ON THE SOUND INC MAMARONECK, NY | General & Unrestricted | $1,000 |
| BACKCOUNTRY MEDICAL GUIDES BELLINGHAM, WA | General & Unrestricted | $10,000 |
| BARTH SYNDROME FOUNDATION INC BOSTON, MA | General & Unrestricted | $1,000 |
| BERKSHIRE SCHOOL INC SHEFFIELD, MA | General & Unrestricted | $50,000 |
| CATHOLIC UNIVERSITY OF AMERICA WASHINGTON, DC | In support of Women's Tennis Program | $10,000 |
| CITY HARVEST INC BROOKLYN, NY | General & Unrestricted | $10,000 |
| COLORADO COLLEGE COLORADO SPRINGS, CO | In support of Women's Lacrosse Program | $5,000 |
| COVENANT HOUSE NEW YORK, NY | General & Unrestricted | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Nancy Taussig | VP, Dir | 1 | — |
| Timothy T Taussig | Pres, Dir, Sec | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Tortimaki Foundation?
Tortimaki Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. It holds $3.4M in total assets as of 2024.
How large is Tortimaki Foundation?
As of 2024, Tortimaki Foundation holds $3.4M in total assets with $337K in annual revenue. It awarded 33 grants totaling $284K in 2024.
Where does Tortimaki Foundation operate?
Tortimaki Foundation has awarded grants in California, Colorado, Connecticut, District of Columbia, Massachusetts, Maryland, Michigan, Minnesota, New Hampshire, New York, Virginia, Vermont, Washington.
What size grants does Tortimaki Foundation award?
In 2024, Tortimaki Foundation awarded 33 grants totaling $284K — an average of about $9K per grant, based on its IRS Form 990 filings.
How much is Tortimaki Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Tortimaki Foundation reported a distributable amount of $231K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Tortimaki Foundation's EIN?
Tortimaki Foundation's EIN (Employer Identification Number) is 26-1122825. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Tortimaki Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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