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Nonprofit · EIN 52-6036968

PASSANO FOUNDATION INC

Tax-exempt · BALTIMORE, MD 21204

Financials

$132K$77K2023$40K$57K2024$289K$42K2025
Revenue Expenses · by fiscal year end
Financials of PASSANO FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$289,117$41,954$247,163$896,333$0$896,333
December 31, 2024990-PF$39,744$56,651-$16,907$629,043$0$629,043
December 31, 2023990-PF$131,596$76,925$54,671$645,865$0$645,865
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Dividends
$21,845
Net gain from sales of assets
$267,272

Expenses

Grants and similar amounts paid
$30,000
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$30,000
Excise tax on investment income
$3,853

Balance sheet and other

Total assets, start of year
$629,043
Total assets, end of year
$896,333
Total liabilities, end of year
$0
Net assets, end of year
$896,333
Fair market value of assets
$951,418
Qualifying distributions
$30,000
Net investment income
$289,117

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
E MAGRUDER PASSANO JR
1122 KENILWORTH DRIVE SUITE 201, BALTIMORE, MD 21204
CHAIRMAN1$0
CATHERINE PASSANO MCDONNELL
1122 KENILWORTH DRIVE SUITE 201, BALTIMORE, MD 21204
VICE-CHAIRMAN1$0
TAMMY PASSANO WIGGS
1122 KENILWORTH DRIVE SUITE 201, BALTIMORE, MD 21204
TREASURER1$0
990-PF for the year ended December 31, 2024: 3 people
NameTitleHours / weekCompensation
E MAGRUDER PASSANO JR
1122 KENILWORTH DRIVE SUITE 201, BALTIMORE, MD 21204
CHAIRMAN1$0
CATHERINE PASSANO MCDONNELL
1122 KENILWORTH DRIVE SUITE 201, BALTIMORE, MD 21204
VICE-CHAIRMAN1$0
TAMMY PASSANO WIGGS
1122 KENILWORTH DRIVE SUITE 201, BALTIMORE, MD 21204
TREASURER1$0
990-PF for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
E MAGRUDER PASSANO JR
1122 KENILWORTH DRIVE SUITE 201, BALTIMORE, MD 21204
CHAIRMAN1$0
CATHERINE PASSANO MCDONNELL
1122 KENILWORTH DRIVE SUITE 201, BALTIMORE, MD 21204
VICE-CHAIRMAN1$0
TAMMY PASSANO WIGGS
1122 KENILWORTH DRIVE SUITE 201, BALTIMORE, MD 21204
TREASURER1$0

Address and contacts

Address (IRS master file)
1122 KENILWORTH DR STE 201, BALTIMORE, MD 21204-2143
In care of
% BANK OF AMERICA NA
Signed the 990-PF
STEVEN E ROSE, OFFICER
Phone
(410) 825-0996
Return prepared by
ROSEMCKENNA PLLC

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
52-6036968
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
1944
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$896,333
Income (IRS master file)
$994,843

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$289,117$41,954$896,333XML
990-PFDecember 2024$39,744$56,651$629,043XML
990-PFDecember 2023$131,596$76,925$645,865XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 52-6036968).

Questions about PASSANO FOUNDATION INC

What is the EIN of PASSANO FOUNDATION INC?
The employer identification number (EIN) of PASSANO FOUNDATION INC is 52-6036968.
Is PASSANO FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1944.
Are donations to PASSANO FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does PASSANO FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of PASSANO FOUNDATION INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did PASSANO FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2025.
Who are the officers and directors of PASSANO FOUNDATION INC?
The 990-PF for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
How much revenue does PASSANO FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $289,117, expenses of $41,954 and total assets of $896,333 at year end.

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