Farano Scholarship Trust Co Tobin&dempf
Preselected recipients only
Farano Scholarship Trust Co Tobin&dempf is a private foundation in Albany, New York. In tax year 2025 it gave $114,000 in 10 grants; the typical grant was $6,000 and the largest $30,000. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2025.
- Grants paid, 2025$114,000
- Number of grants10
- Typical grant$6,000
- Largest grant$30,000
- Assets$2.0 million
- New grantees30%
Giving in 2025 was up from $106,000 the year before.
30% of its 2025 grantees had not received a grant from it the year before, a mix of repeat and new grantees.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $102,000 | 9 | $1.8 million |
| 2024 | $106,000 | 9 | $1.9 million |
| 2025 | $114,000 | 10 | $2.0 million |
How to apply
Farano Scholarship Trust Co Tobin&dempf 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.
What Farano Scholarship Trust Co Tobin&dempf funds
Where it gives
All of its grants went to recipients in New York.
| State | Grants | Amount |
|---|---|---|
| New York | 10 | $114,000 |
Grants paid in 2025
| Recipient | Purpose | Amount |
|---|---|---|
| Siena College | Scholarship | $30,000 |
| Blessed Sacrament School | Scholarship | $24,000 |
| St Pius X School | Scholarship | $12,000 |
| Office of Vicar for Vocations | Scholarship | $12,000 |
| Catholic Central School | Scholarship | $6,000 |
| St Kateri Tekakwitha Parish School | Scholarship | $6,000 |
| St Mary'sst Alphonsus Regional School | Scholarship | $6,000 |
| St Thomas the Apostle School | Scholarship | $6,000 |
| Mater Christi School | Scholarship | $6,000 |
| St Mary's School | Scholarship | $6,000 |
Officers and trustees
- Michael Costello
Questions people ask
Does Farano Scholarship Trust Co Tobin&dempf accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Farano Scholarship Trust Co Tobin&dempf give?
$114,000 in tax year 2025, across 10 grants, with a typical grant of $6,000.
Who runs Farano Scholarship Trust Co Tobin&dempf?
Its 2025 filing lists Michael Costello (Trustee).
What does Farano Scholarship Trust Co Tobin&dempf fund?
Based on its grants, mainly education and faith communities.