Private Foundation

The Rachel and Tom Cortese Foundation Inc

Based in Saratoga Springs, NY, The Rachel and Tom Cortese Foundation Inc operates as a Private Foundation. The organization reported $1.1M in revenue, $312K in expenses, $2.7M in total assets for fiscal year 2025. Imperigo tracks 4 reported grants from this foundation totaling approximately $846K.

EIN: 872779552 Saratoga Springs, NY Latest filing: 2025

Total Revenue$1.1M

Total Expenses$312K

Total Assets$2.7M

Grants Given4

Grant Total$846K

Filing Years2021–2025

Sample Grants Given

Morgan Stanley Global Impact Funding Trust Inc

New York, NY · 2025

GENERAL CHARITABLE PURPOSES

$305,945

Morgan Stanley Global Impact Funding Trust Inc

New York, NY · 2024

GENERAL CHARITABLE PURPOSES

$251,528

Morgan Stanley Global Impact Funding Trust Inc

New York, NY · 2024

GENERAL CHARITABLE PURPOSES

$48,472

Morgan Stanley Global Impact Funding Trust Inc

New York, NY · 2023

GENERAL CHARITABLE PURPOSES

$240,000

Showing up to 5 of 4 total records — full history available with membership.

Officers & Directors

Treasurer & Secretary-1hr/week Rachel Cortese

President-1HR/WEEK Thomas Cortese

Officer compensation and complete director data available with membership.

Top Grant Purposes

GENERAL CHARITABLE PURPOSES

$845,945 4 grants

Financial Trends

Year	Revenue	Expenses	Assets
2025	$1.1M	$312K	$2.7M
2024	$372K	$307K	$2.4M
2023	$115K	$248K	$2.3M
2022	$237K	$3K	$2.4M
2021	$3.3M	$17K	$2.3M

Between 2021 and 2025, reported annual revenue declined from $3.3M to $1.1M (-66%), with total assets most recently reported at $2.7M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in NY.

Full geographic grant map with state-by-state breakdown available with membership.

See the full picture for The Rachel and Tom Cortese Foundation Inc

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