The Richard and Sara Folio Foundation concentrates almost exclusively on private Catholic education in the Maryland region, funding K–12 parochial schools and a Catholic university. Grants are relatively large and targeted to a small set of institutions, often repeat recipients, suggesting long-term institutional support rather than broad grantmaking across causes.
Concentrated, high-dollar gifts to a small number of repeat grantees (mix of cash and stock donations); few grants overall with emphasis on sustaining core Catholic educational institutions rather than diversified funding.
Richard and Sara Folio Foundation Inc directs most of its giving to a small cluster of Maryland Catholic schools and a Catholic university, with repeat support showing up across multiple years. The clearest pattern is long-term institutional backing for private faith-based education rather than broad programmatic spread: Mount St Mary's University received $75,000 in 2024 and $74,499 in 2025, while Mercy High School received $75,000 in 2023. Those awards sit alongside grants to Saint Ursula School, Loyola Blakefield, and St John's Evangelical School, all in Maryland. The foundation's grant record also shows that some awards are made through appreciated securities, indicating that asset donations can be part of how support is delivered. With annual grants of $293,216 and total assets of $1,662,963, the foundation operates at a modest but focused scale, emphasizing a small number of 501(c)(3) recipients rather than a wide portfolio of causes. Its recent history points to institutional operating support for schools and a university that serve the region's Catholic education network.
Catholic education is the central theme in the foundation's recent grants. Mount St Mary's University in Emmitsburg received $74,499 in 2025 to help fund the programs of the organization, following a $75,000 grant in 2024 for the same purpose. In secondary education, Mercy High School in Baltimore received $75,000 in 2023. The foundation also supported Saint Ursula School in Parkville with $18,100 in 2025 and $18,000 in 2024, showing repeated attention to elementary and parochial schooling. Another Maryland faith-based school, Loyola Blakefield in Towson, received $12,500 in 2025. St John's Evangelical School in Hydes received $10,117 in 2025 and $10,000 in 2023, extending the same pattern across multiple institutions.
Grant sizes are uneven but relatively substantial, with the typical award sitting at a p25 of $11,904, a median of $18,050, and a p75 of $74,624. The recent record also shows repeat support to the same recipients across years, especially Mount St Mary's University and Saint Ursula School, which suggests ongoing institutional funding rather than isolated awards. Grants are made to nonprofit organizations for program support, and some awards include donations of marketable securities. The foundation is not reported as funding individuals or making program-related investments.
$229K
$2M
$558K
$248K
Most grants fall between $12K and $75K, with a median of $18K.
25th Percentile
$12K
Median
$18K
75th Percentile
$75K
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Notable grantees: Mount St. Mary’s University, Mercy High School, Saint Ursula School
Giving is entirely in Maryland, with 100% of grants to recipients in the HQ state. The strongest concentration is in Baltimore-area and central Maryland education institutions, including Baltimore, Parkville, Towson, Hydes, and Emmitsburg. Mount St Mary's University in Emmitsburg and Mercy High School in Baltimore are among the named recipients, alongside Saint Ursula School in Parkville and Loyola Blakefield in Towson. The recent grant record shows no non-U.S. recipient countries.
The recent grant record is concentrated in private Catholic education in Maryland. Recipients include a Catholic university, Catholic secondary schools, and Catholic elementary or parochial schools, all funded as 501(c)(3) organizations for program support.
The foundation's grant sizes cluster around a median of $18,050, with the 25th percentile at $11,904 and the 75th percentile at $74,624. Recent awards range from about $10,000 to $75,000.
Yes. Mount St Mary's University received $75,000 in 2024 and $74,499 in 2025. Saint Ursula School also received repeated support in 2024 and 2025, and St John's Evangelical School appears in both 2023 and 2025.
All recent grants went to Maryland recipients. Named cities include Baltimore, Parkville, Towson, Hydes, and Emmitsburg, and the recipient-country distribution is 100% U.S.
2026
Source: IRS Form 990-PF, fiscal year 2026.
Most recent grants reported to the IRS.
| Recipient | Location | Amount | Year | Purpose |
|---|---|---|---|---|
| MOUNT ST MARY'S UNIVERSITY | EMMITSBURG, MD | $200,231 | 2026 | 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 |
| LOYOLA BLAKEFIELD | TOWNSON, MD | $29,131 | 2026 | 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 |
| MOUNT ST MARY'S UNIVERSITY | EMMITSBURG, MD | $74,499 | 2025 | TO HELP FUND THE PROGRAMS OF THIS 501(C)(3) ORGANIZATION. VARIOUS STOCKS DONATED ON 5/16105 CELH, 33 ENTG, 26 META, 90 MSFT, 10 NVO, 14 WING, 23 TSMBOOK VALUE IS $59,109COMPARABLE SALES WAS USED TO DETERMINE THE FMV AND BOOK VALUE |
| SAINT URSULA SCHOOL | PARKVILLE, MD | $18,100 | 2025 | TO HELP FUND THE PROGRAMS OF THIS 501(C)(3) ORGANIZATION |
| LOYOLA BLAKEFIELD | TOWNSON, MD | $12,500 | 2025 | TO HELP FUND THE PROGRAMS OF THIS 501(C)(3) ORGANIZATION |
| ST JOHN'S EVANGELICAL SCHOOL | HYDES, MD | $10,117 | 2025 | TO HELP FUND THE PROGRAMS OF THIS 501(C)(3) ORGANIZATION32 IWF STOCKS DONATED ON 4/19, BOOK VALUE IS $5,289,COMPARABLE SALES WAS USED TO DETERMINE THE FMV AND BOOK VALUE |
| MOUNT ST MARY'S UNIVERSITY | EMMITSBURG, MD | $75,000 | 2024 | TO HELP FUND THE PROGRAMS OF THIS 501(C)(3) ORGANIZATION |
| SAINT URSULA SCHOOL | PARKVILLE, MD | $18,000 | 2024 | TO HELP FUND THE PROGRAMS OF THIS 501(C)(3) ORGANIZATION |
| MERCY HIGH SCHOOL | BALTIMORE, MD | $75,000 | 2023 | TO HELP FUND THE PROGRAMS OF THIS 501(C)(3) ORGANIZATION |
| ST JOHN'S EVANGELICAL SCHOOL | HYDES, MD | $10,000 | 2023 | TO HELP FUND THE PROGRAMS OF THIS 501(C)(3) ORGANIZATION |
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
LOYOLA BLAKEFIELD
$29,131TO 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
MOUNT ST MARY'S UNIVERSITY
$74,499TO HELP FUND THE PROGRAMS OF THIS 501(C)(3) ORGANIZATION. VARIOUS STOCKS DONATED ON 5/16105 CELH, 33 ENTG, 26 META, 90 MSFT, 10 NVO, 14 WING, 23 TSMBOOK VALUE IS $59,109COMPARABLE SALES WAS USED TO DETERMINE THE FMV AND BOOK VALUE
SAINT URSULA SCHOOL
$18,100TO HELP FUND THE PROGRAMS OF THIS 501(C)(3) ORGANIZATION
LOYOLA BLAKEFIELD
$12,500TO HELP FUND THE PROGRAMS OF THIS 501(C)(3) ORGANIZATION
ST JOHN'S EVANGELICAL SCHOOL
$10,117TO HELP FUND THE PROGRAMS OF THIS 501(C)(3) ORGANIZATION32 IWF STOCKS DONATED ON 4/19, BOOK VALUE IS $5,289,COMPARABLE SALES WAS USED TO DETERMINE THE FMV AND BOOK VALUE
TO HELP FUND THE PROGRAMS OF THIS 501(C)(3) ORGANIZATION
SAINT URSULA SCHOOL
$18,000TO HELP FUND THE PROGRAMS OF THIS 501(C)(3) ORGANIZATION
MERCY HIGH SCHOOL
$75,000TO HELP FUND THE PROGRAMS OF THIS 501(C)(3) ORGANIZATION
ST JOHN'S EVANGELICAL SCHOOL
$10,000TO HELP FUND THE PROGRAMS OF THIS 501(C)(3) ORGANIZATION