Nonprofit · EIN 68-0237238
THE LEO M SHORTINO FOUNDATION
Tax-exempt · SAN JOSE, CA 95126
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $2,556,532 | $4,099,507 | -$1,542,975 | $65,195,281 | $1,652,623 | $63,542,658 |
| December 31, 2023 | 990-PF | $2,077,861 | $3,749,629 | -$1,671,768 | $62,845,642 | $1,311,117 | $61,534,525 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Dividends
- $382,458
- Interest
- $183
- Net rental income
- $741,295
- Net gain from sales of assets
- $504,667
Expenses
- Grants and similar amounts paid
- $2,837,500
- Compensation of officers, directors and key employees
- $269,500
- Salaries, compensation and benefits (total)
- $117,129
- Disbursements for charitable purposes
- $2,895,854
- Excise tax on investment income
- $48,199
Balance sheet and other
- Total assets, start of year
- $62,845,642
- Total assets, end of year
- $65,195,281
- Total liabilities, end of year
- $1,652,623
- Net assets, end of year
- $63,542,658
- Fair market value of assets
- $65,195,281
- Qualifying distributions
- $2,895,854
- Net investment income
- $4,416,313
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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARA WILLIAMS LOW 1760 THE ALAMEDA, SAN JOSE, CA 95126 | EXECUTIVE DIRECTOR | 40 | $228,250 |
| GARY T SHARA 1760 THE ALAMEDA, SAN JOSE, CA 95126 | CHAIRMAN | 2 | $5,000 |
| LINDA MURRAY 1760 THE ALAMEDA, SAN JOSE, CA 95126 | SECRETARY | 2 | $5,000 |
| DAVID HEIMAN 1760 THE ALAMEDA, SAN JOSE, CA 95126 | TREASURER | 2 | $5,000 |
| CHRISTINE BURROUGHS 1760 THE ALAMEDA, SAN JOSE, CA 95126 | BOARD MEMBER | 2 | $5,000 |
| FRANK BOITANO 1760 THE ALAMEDA, SAN JOSE, CA 95126 | BOARD MEMBER | 2 | $5,000 |
| MICHELE LEW 1760 THE ALAMEDA, SAN JOSE, CA 95126 | BOARD MEMBER | 2 | $5,000 |
| RICARDO BENAVIDEZ 1760 THE ALAMEDA, SAN JOSE, CA 95126 | BOARD MEMBER | 2 | $5,000 |
| ROBERT HARRISON STAEDLER JR 1760 THE ALAMEDA, SAN JOSE, CA 95126 | BOARD MEMBER | 2 | $5,000 |
| MARIA GARCIA 1760 THE ALAMEDA, SAN JOSE, CA 95126 | BOARD MEMBER | 2 | $1,250 |
| BUU THAI 1760 THE ALAMEDA, SAN JOSE, CA 95126 | VICE CHAIR | 2 | $0 |
| MIGUEL SALINAS 1760 THE ALAMEDA, SAN JOSE, CA 95126 | BOARD MEMBER | 2 | $0 |
990-PF for the year ended December 31, 2023: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARA WILLIAMS LOW 1760 THE ALAMEDA, SAN JOSE, CA 95126 | EXECUTIVE DIRECTOR | 40 | $207,250 |
| FRANK BOITANO 1760 THE ALAMEDA, SAN JOSE, CA 95126 | CHAIRMAN | 2 | $5,000 |
| RICARDO BENAVIDEZ 1760 THE ALAMEDA, SAN JOSE, CA 95126 | VICE CHAIR | 2 | $5,000 |
| DAVID HEIMAN 1760 THE ALAMEDA, SAN JOSE, CA 95126 | TREASURER | 2 | $5,000 |
| LINDA MURRAY 1760 THE ALAMEDA, SAN JOSE, CA 95126 | SECRETARY | 2 | $5,000 |
| GARY T SHARA 1760 THE ALAMEDA, SAN JOSE, CA 95126 | BOARD MEMBER | 2 | $5,000 |
| CHRISTINE BURROUGHS 1760 THE ALAMEDA, SAN JOSE, CA 95126 | BOARD MEMBER | 2 | $5,000 |
| MICHELE LEW 1760 THE ALAMEDA, SAN JOSE, CA 95126 | BOARD MEMBER | 2 | $5,000 |
| BUU THAI 1760 THE ALAMEDA, SAN JOSE, CA 95126 | BOARD MEMBER | 2 | $5,000 |
| GERALD T WADE JR 1760 THE ALAMEDA, SAN JOSE, CA 95126 | BOARD MEMBER | 2 | $2,500 |
| MIGUEL SALINAS 1760 THE ALAMEDA, SAN JOSE, CA 95126 | BOARD MEMBER | 40 | $0 |
Address and contacts
- Address (IRS master file)
- 1760 THE ALAMEDA STE 200, SAN JOSE, CA 95126-1728
- Signed the 990-PF
- MARA WILLIAMS LOW, EXECUTIVE DIRECTOR
- Phone
- (408) 275-6306
- Website
- WWW.SHORTINO.ORG
- Return prepared by
- ROBERT LEE & ASSOCIATES LLP
California records
California keeps its own records of charities and corporations. Search them by EIN 68-0237238 or by the name THE LEO M SHORTINO FOUNDATION.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 68-0237238
- 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
- 1991
- Accounting year ends
- December
- Files
- Form 990-PF
- Assets (IRS master file)
- $65,195,281
- Income (IRS master file)
- $7,822,641
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $2,556,532 | $4,099,507 | $65,195,281 | XML |
| 990-PF | December 2023 | $2,077,861 | $3,749,629 | $62,845,642 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2019 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | 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 68-0237238).
Questions about THE LEO M SHORTINO FOUNDATION
- What is the EIN of THE LEO M SHORTINO FOUNDATION?
- The employer identification number (EIN) of THE LEO M SHORTINO FOUNDATION is 68-0237238.
- Is THE LEO M SHORTINO FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1991.
- Are donations to THE LEO M SHORTINO FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does THE LEO M SHORTINO FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of THE LEO M SHORTINO FOUNDATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did THE LEO M SHORTINO FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of THE LEO M SHORTINO FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 12 people; 10 received compensation from the organization, the highest $228,250 (MARA WILLIAMS LOW, EXECUTIVE DIRECTOR).
- How much revenue does THE LEO M SHORTINO FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $2,556,532, expenses of $4,099,507 and total assets of $65,195,281 at year end.
Other nonprofits in SAN JOSE
- SAN ANDREAS REGIONAL CENTER EIN 94-2591195 · last filed 990 for 2025
- CRANKSTART FOUNDATION EIN 94-3377099 · last filed 990-PF for 2024
- SECOND HARVEST OF SILICON VALLEY EIN 94-2614101 · last filed 990 for 2025
- TECHNOLOGY CREDIT UNION EIN 94-1651781 · last filed 990 for 2024
- ROCKETSHIP EDUCATION EIN 20-4040597 · last filed 990 for 2025
- PLANNED PARENTHOOD MAR MONTE INC EIN 94-1583439 · last filed 990 for 2025
- THE HARKER SCHOOL EIN 94-1613808 · last filed 990 for 2025
- MOMENTUM FOR HEALTH EIN 94-1496052 · last filed 990 for 2025