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Foundations / Maryland

Richard and Sara Folio Foundation Inc

Preselected recipients only Owings Mills, Maryland · EIN 843313527

Richard and Sara Folio Foundation Inc is a private foundation in Owings Mills, Maryland. In tax year 2025 it gave $229,362 in 2 grants; the typical grant was $114,681 and the largest $200,231. It only gives to organizations it selects itself and does not accept unsolicited applications.

From its IRS Form 990-PF for tax year 2025.

Giving in 2025 was up from $115,216 the year before.

0% of its 2025 grantees had not received a grant from it the year before, so most of its money goes to organizations it already funds.

Giving by year

Tax yearGrants paidNumber of grantsAssets
2023$93,0002$1.6 million
2024$115,2164$2.0 million
2025$229,3622$2.6 million

How to apply

Richard and Sara Folio Foundation Inc says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.

IRS filings on ProPublica

What Richard and Sara Folio Foundation Inc funds

Where it gives

All of its grants went to recipients in Maryland.

StateGrantsAmount
Maryland2$229,362

Grants paid in 2025

All 2 grants
RecipientPurposeAmount
Mount St Mary's University
Emmitsburg, MD
To help fund the programs of this 501(c)(3) organization. Various stocks donated on 5/2331 shares avgo, 392 shares cls, and 325 shares msftbook value is $153,827comparable sales were used to determine the fmv and book value$200,231
Loyola Blakefield
Townson, MD
To help fund the programs of this 501(c)(3) organization355 shares of cls donated on 4/9book value is $20,625comparable sales were used to determine the fmv and book value$29,131

Officers and trustees

As listed in Part VIII of the 2025 filing.

Questions people ask

Does Richard and Sara Folio Foundation Inc accept grant applications?

No. Its IRS filing says it only makes contributions to preselected organizations.

How much does Richard and Sara Folio Foundation Inc give?

$229,362 in tax year 2025, across 2 grants, with a typical grant of $114,681.

Who runs Richard and Sara Folio Foundation Inc?

Its 2025 filing lists Richard Folio (President), Sara Macek (Vice President) and Joseph Folio III (Director).

What does Richard and Sara Folio Foundation Inc fund?

Based on its grants, mainly education.

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