The Rachel and Tom Cortese Foundation Inc
Data sourced from IRS 990-PF public filings
The Rachel and Tom Cortese Foundation Inc funds general charitable purposes, primarily through grants to the Morgan Stanley Global Impact Funding Trust Inc, indicating a focus on broad philanthropic initiatives.
The Rachel and Tom Cortese Foundation Inc has 4 grants on file funding 2 organizations. Giving increased from $300,000 in 2024 to $305,945 in 2025. Reported assets: $2,744,788.
Total Assets
$2,744,788
Grants (Last Year)
$305,945
Total Grants on File
4
Recipients Funded
2
Giving History
| Year | Total Granted | Grants Made | Avg Grant |
|---|---|---|---|
| 2025 | $305,945 | 1 | $305,945 |
| 2024 | $300,000 | 2 | $150,000 |
| 2023 | $240,000 | 1 | $240,000 |
Top Grant Recipients
NEW YORK, NY
NEW YORK, NY
INDIANAPOLIS, IN
NEW YORK, NY
Officers & Trustees
From 2025 IRS 990-PF filing (data available for 5 filing years)
Rachel Cortese
Treasurer & Secretary-1hr/week
Thomas Cortese
President-1HR/WEEK
IRS Filing History
The Rachel and Tom Cortese Foundation Inc has IRS 990-PF filings on record for 5 years, spanning 2021 to 2025.
Frequently Asked Questions
Other Foundations in New York
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