MICHAEL & MARGARET PICOTTE FOUNDATION INC
Cite this
Plain text MICHAEL & MARGARET PICOTTE FOUNDATION INC. furp.org, nonprofit organization profile, tax years 2016–2025. https://furp.org/org/michael-and-margaret-picotte-foundation-inc-061307349. Retrieved 2026-10-29.
APA furp.org. (n.d.). MICHAEL & MARGARET PICOTTE FOUNDATION INC [Nonprofit organization profile; tax years 2016–2025]. Retrieved October 29, 2026, from https://furp.org/org/michael-and-margaret-picotte-foundation-inc-061307349
MLA “MICHAEL & MARGARET PICOTTE FOUNDATION INC.” furp.org, tax years 2016–2025, https://furp.org/org/michael-and-margaret-picotte-foundation-inc-061307349. Accessed 29 Oct. 2026.
Retrieved 2026-10-29; covers tax years 2016–2025. Data: furp.org, CC BY 4.0.
2025 · Form 990PF · revenue $741K · expenses $341K · assets $6.0M
- EIN
- 06-1307349
- Address
- 19 RAILROAD PL STE 301, SARATOGA SPGS, NY 12866-2386
- NTEE code
- -
- Exempt type
- 501(c)(3): charitable, religious, educational, scientific or literary (trust)
- Ruling date
- April 1992 (when the IRS recognized its exemption)
- IRS status
- Exempt (unconditional) (IRS Business Master File) IRS data ↗
- Tax-deductible donations
- Yes: listed in IRS Publication 78 (private foundation) Pub 78 ↗
- Foundation status
- Private non-operating foundation
- Cross-check
- ProPublica Nonprofit Explorer
Each tax year counts once: when a return was amended, only the latest return for that period is used below (superseded returns stay listed, greyed, under Finances).
People paid by the organization
None of the 6 people listed on these returns reported compensation from the organization. They are listed below.
Officers and directors, no compensation reported
6 people listed on the returns with $0 (or no amount) in every compensation column: current people first. Hours are as filed on the latest return each person appears on.
| Name | Latest title | Years | Hrs/wk (latest) | Compensation | Organizations |
|---|---|---|---|---|---|
| Michael B Picotte | Vice PRESIDENT; <1hr/week | 2016-2025 | 0 | $0 reported | 2 |
| Margaret L Picotte | President; <1hr/week | 2016-2025 | 0 | $0 reported | 2 |
| Nicole L Smith | Secretary; <1hr/week | 2019-2025 | 0 | $0 reported | 2 |
| Michelle Picotte | TREASURER; <1hr/week | 2016-2025 | 0 | $0 reported | 2 |
| Joseph M Picotte (former) | DIRECTOR | 2016-2019 | 1 | $0 reported | 2 |
| Nicole L Picotte (former) | DIRECTOR | 2016-2018 | 1 | $0 reported | 2 |
People by year
2025 · 4 people listed · none paid
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| MICHAEL B PICOTTE | Vice PRESIDENT; <1hr/week | 0 | $0 | - | $0 | $0 | 2 |
| MARGARET L PICOTTE | President; <1hr/week | 0 | $0 | - | $0 | $0 | 2 |
| NICOLE L SMITH | Secretary; <1hr/week | 0 | $0 | - | $0 | $0 | 2 |
| MICHELLE H PICOTTE | TREASURER; <1hr/week | 0 | $0 | - | $0 | $0 | 2 |
2024 · 4 people listed · none paid
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| MICHAEL B PICOTTE | Vice PRESIDENT; <1hr/week | 0 | $0 | - | $0 | $0 | 2 |
| MARGARET L PICOTTE | President; <1hr/week | 0 | $0 | - | $0 | $0 | 2 |
| NICOLE L SMITH | Secretary; <1hr/week | 0 | $0 | - | $0 | $0 | 2 |
| MICHELLE H PICOTTE | TREASURER; <1hr/week | 0 | $0 | - | $0 | $0 | 2 |
2023 · 4 people listed · none paid
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| MICHAEL B PICOTTE | Vice PRESIDENT; <1hr/week | 0 | $0 | - | $0 | $0 | 2 |
| MARGARET L PICOTTE | President; <1hr/week | 0 | $0 | - | $0 | $0 | 2 |
| NICOLE L SMITH | Secretary; <1hr/week | 0 | $0 | - | $0 | $0 | 2 |
| MICHELLE H PICOTTE | TREASURER; <1hr/week | 0 | $0 | - | $0 | $0 | 2 |
2022 · 4 people listed · none paid
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| MICHAEL B PICOTTE | Vice PRESIDENT; <1hr/week | 0 | $0 | - | $0 | $0 | 2 |
| MARGARET L PICOTTE | President; <1hr/week | 0 | $0 | - | $0 | $0 | 2 |
| NICOLE L SMITH | Secretary; <1hr/week | 0 | $0 | - | $0 | $0 | 2 |
| MICHELLE H PICOTTE | TREASURER; <1hr/week | 0 | $0 | - | $0 | $0 | 2 |
2021 · 4 people listed · none paid
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| MICHAEL B PICOTTE | Vice PRESIDENT; <1hr/week | 0 | $0 | - | $0 | $0 | 2 |
| MARGARET L PICOTTE | President; <1hr/week | 0 | $0 | - | $0 | $0 | 2 |
| NICOLE L SMITH | Secretary; <1hr/week | 0 | $0 | - | $0 | $0 | 2 |
| MICHELLE H PICOTTE | TREASURER; <1hr/week | 0 | $0 | - | $0 | $0 | 2 |
2020 · 4 people listed · none paid
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| MICHAEL B PICOTTE | Vice PRESIDENT | 1 | $0 | - | $0 | $0 | 2 |
| MARGARET L PICOTTE | President | 1 | $0 | - | $0 | $0 | 2 |
| NICOLE L SMITH | Secretary | 1 | $0 | - | $0 | $0 | 2 |
| MICHELLE H PICOTTE | TREASURER | 1 | $0 | - | $0 | $0 | 2 |
2019 · 5 people listed · none paid
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| MICHAEL B PICOTTE | PRESIDENT | 1 | $0 | - | $0 | $0 | 2 |
| MARGARET L PICOTTE | SECRETARY/TREASURER | 1 | $0 | - | $0 | $0 | 2 |
| NICOLE L SMITH | DIRECTOR | 1 | $0 | - | $0 | $0 | 2 |
| JOSEPH M PICOTTE | DIRECTOR | 1 | $0 | - | $0 | $0 | 2 |
| MICHELLE H PICOTTE | DIRECTOR | 1 | $0 | - | $0 | $0 | 2 |
2018 · 5 people listed · none paid
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| MICHAEL B PICOTTE | PRESIDENT | 1 | $0 | - | $0 | $0 | 2 |
| MARGARET L PICOTTE | TREASURER | 1 | $0 | - | $0 | $0 | 2 |
| NICOLE L PICOTTE | DIRECTOR | 1 | $0 | - | $0 | $0 | 2 |
| JOSEPH M PICOTTE | DIRECTOR | 1 | $0 | - | $0 | $0 | 2 |
| MICHELLE H PICOTTE | DIRECTOR | 1 | $0 | - | $0 | $0 | 2 |
2017 · 5 people listed · none paid
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| MICHAEL B PICOTTE | PRESIDENT | 1 | $0 | - | $0 | $0 | 2 |
| MARGARET L PICOTTE | TREASURER | 1 | $0 | - | $0 | $0 | 2 |
| NICOLE L PICOTTE | DIRECTOR | 1 | $0 | - | $0 | $0 | 2 |
| JOSEPH M PICOTTE | DIRECTOR | 1 | $0 | - | $0 | $0 | 2 |
| MICHELLE H PICOTTE | DIRECTOR | 1 | $0 | - | $0 | $0 | 2 |
2016 · 5 people listed · none paid
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| MICHAEL B PICOTTE | PRESIDENT | 1 | $0 | - | $0 | $0 | 2 |
| MARGARET L PICOTTE | TREASURER | 1 | $0 | - | $0 | $0 | 2 |
| NICOLE L PICOTTE | DIRECTOR | 1 | $0 | - | $0 | $0 | 2 |
| JOSEPH M PICOTTE | DIRECTOR | 1 | $0 | - | $0 | $0 | 2 |
| MICHELLE H PICOTTE | DIRECTOR | 1 | $0 | - | $0 | $0 | 2 |
Highest-paid independent contractors
No independent contractors reported.
Who the money went to
Grants this organization reported paying: Schedule I Part II of the Form 990, or the grants-paid list on the 990-PF. Open a year for every recipient. Recipients link to their own page when the grant names an EIN we have (990-PF grants list no EIN, so those link only on an exact, unique name and state). Grants to individuals are counted; their names are not shown.
2025 · 0 grants to organizations · $0 · 1 summary line · $320K
This return lists 1 summary line (program totals pointing to a separate statement) instead of each grant. The itemized list was filed as an attachment that isn't in the IRS's public e-file data, so the recipients can't be shown.
2024 · 0 grants to organizations · $0 · 1 summary line · $252K
This return lists 1 summary line (program totals pointing to a separate statement) instead of each grant. The itemized list was filed as an attachment that isn't in the IRS's public e-file data, so the recipients can't be shown.
2023 · 0 grants to organizations · $0 · 1 summary line · $234K
This return lists 1 summary line (program totals pointing to a separate statement) instead of each grant. The itemized list was filed as an attachment that isn't in the IRS's public e-file data, so the recipients can't be shown.
2022 · 0 grants to organizations · $0 · 1 summary line · $295K
This return lists 1 summary line (program totals pointing to a separate statement) instead of each grant. The itemized list was filed as an attachment that isn't in the IRS's public e-file data, so the recipients can't be shown.
2021 · 0 grants to organizations · $0 · 1 summary line · $215K
This return lists 1 summary line (program totals pointing to a separate statement) instead of each grant. The itemized list was filed as an attachment that isn't in the IRS's public e-file data, so the recipients can't be shown.
2020 · 22 grants to organizations · $188K
2019 · 0 grants to organizations · $0 · 1 summary line · $177K
This return lists 1 summary line (program totals pointing to a separate statement) instead of each grant. The itemized list was filed as an attachment that isn't in the IRS's public e-file data, so the recipients can't be shown.
2018 · 23 grants to organizations · $180K
2017 · 23 grants to organizations · $170K
2016 · 19 grants to organizations · $158K
Negative amounts are returned or refunded grants; they are listed last and left out of the totals of grants paid.
Who gave
Contributors listed on Schedule B of the Form 990-PF: name, city and state as filed (street addresses are not shown), with total and noncash contributions for the year. A link to an organization's page is tagged Fuzzy with its name-similarity score (0 to 1) when it rests on name and state; Schedule B lists no EIN, so no link here is an exact identifier match.
2023 · 1 contributor · $913K
| # | Contributor | Type | City, state | Total | Noncash | Source |
|---|---|---|---|---|---|---|
| 1 | Michael Picotte Revocable Trust | Person | Palm Beach, FL | $913,071 | $913,071 | Form 990PF Sch. B, 2023 · filing |
2020 · 2 contributors · $1.0M
Contributors listed here are as reported on the filing. Unusual is not the same as improper. Many of these patterns have ordinary explanations. Check the filing.
Finances
Newest first. Each filing: its name on one row, its figures on the row beneath. Greyed filings are superseded by a later return for the same period and are left out everywhere else on this page.
| Revenue | Expenses | Assets | Net assets | Contributions | Program revenue | Officer pay | Employees | Volunteers |
|---|---|---|---|---|---|---|---|---|
| 2025 · Form 990PF | ||||||||
| $741,081 | $340,852 | $5,987,173 | $5,987,173 | $0 | - | $0 | - | - |
| 2024 · Form 990PF | ||||||||
| $458,194 | $285,342 | $5,586,944 | $5,586,944 | $0 | - | $0 | - | - |
| 2023 · Form 990PF | ||||||||
| $2,398,540 | $242,807 | $5,414,092 | $5,414,092 | $913,071 | - | $0 | - | - |
| 2022 · Form 990PF | ||||||||
| $236,682 | $317,046 | $4,023,714 | $4,023,714 | $0 | - | $0 | - | - |
| 2021 · Form 990PF | ||||||||
| $967,352 | $233,796 | $4,104,078 | $4,104,078 | $0 | - | $0 | - | - |
| 2020 · Form 990PF | ||||||||
| $1,529,608 | $198,644 | $3,424,520 | $3,394,520 | $1,034,139 | - | $0 | - | - |
| 2019 · Form 990PF | ||||||||
| $198,304 | $186,627 | $2,885,336 | $2,825,336 | $0 | - | $0 | - | - |
| 2018 · Form 990PF | ||||||||
| $194,963 | $187,835 | $2,889,927 | $2,709,927 | - | - | $0 | - | - |
| 2017 · Form 990PF | ||||||||
| $247,022 | $176,483 | $2,928,254 | $2,928,254 | - | - | $0 | - | - |
| 2016 · Form 990PF | ||||||||
| -$110,638 | $165,890 | $2,766,254 | $2,766,254 | - | - | $0 | - | - |
Connected to
Organizations that list some of the same people on their returns (officers, directors, key employees on this organization’s latest return), and related organizations it lists on Schedule R.
- MORSE HILL FOUNDATION INC Saratoga Spgs, NY · 4 people in common (Margaret L Picotte, Michael B Picotte, Michelle Picotte)
Funders of this organization
Not reported: no grants to this organization appear in the filings we have (tax years 2010 to 2025).
Similar organizations
Ranked without any AI: same NTEE code first, then the same NTEE group; then revenue within 2x, 5x or 10x; then the same state; then similar name and mission text. Same state only · More (50)
| Organization | State | NTEE | Latest revenue | Latest expenses | Top-paid title | Top pay | Why similar |
|---|---|---|---|---|---|---|---|
| MICHAEL TUCH FOUNDATION INC | NY | Not reported | $933,592 | $1,058,022 | PRESIDENT | $18,000 | Similar name, revenue within 2x, same state |
| MICHAEL GORDON FOUNDATION INC | NY | Not reported | $918,182 | $961,173 | PRESIDENT | $130,000 | Similar name, revenue within 2x, same state |
| MICHAEL S FOUNDATION INC | FL | P50 | $1,409,848 | $1,336,694 | COO | $131,890 | Similar name, revenue within 2x |
| MICHAEL FUX FOUNDATION INC | NJ | T90 | $586,596 | $559,594 | President & TRUSTEE | $0 | Similar name, revenue within 2x |
| MICHAELS FOUNDATION INC | CT | Not reported | $767,847 | $12,237 | SECRETARY | $0 | Similar name, revenue within 2x |
| MARGARET M DECKER FOUNDATION INC | KY | T20 | $689,589 | $141,125 | Director | $19,733 | Similar name, revenue within 2x |
| MICHAEL FAMILY FOUNDATION INC | NC | T22 | $463,692 | $434,576 | PRESIDENT | $0 | Similar name, revenue within 2x |
| MICHAEL J DIAS FOUNDATION INC | MA | F20 | $711,731 | $502,101 | DIRECTOR | $0 | Similar name, revenue within 2x |
| MICHAEL MAGRO FOUNDATION INC | NY | T30 | $329,680 | $336,325 | TRUSTEE | $0 | Similar name, revenue within 5x, same state |
| MARGARET FINKEL FOUNDATION INC | FL | T20 | $194,755 | $296,118 | PRESIDENT | $0 | Similar name, revenue within 5x |
| MARGARET R BINZ FOUNDATION INC | FL | Not reported | $213,881 | $237,307 | SEC, TREAS, | $4,500 | Similar name, revenue within 5x |
| MICHAEL M KAMEO FOUNDATION INC | NJ | P20 | $199,567 | $215,783 | President | $0 | Similar name, revenue within 5x |
| JOHN MICHAEL MARINO FOUNDATION INC | NY | B82 | $102,322 | $88,368 | VICE PRESIDE | $0 | Similar name, revenue within 10x, same state |
| MICHAEL STANTON FOUNDATION INC | NY | T22 | $120,407 | $227,107 | PRESIDENT | $0 | Similar name, revenue within 10x, same state |
| MICHAEL MATTERS FOUNDATION INC | IL | H12 | $84,684 | $31,249 | Director | $0 | Similar name, revenue within 10x |
| MAGIC OF MICHAEL FOUNDATION INC | OH | P20 | $81,172 | $26,273 | DIRECTOR | $0 | Similar name, revenue within 10x |
| SAINT MICHAEL FOUNDATION INC | FL | Not reported | $136,727 | $104,250 | PRESIDENT | $0 | Similar name, revenue within 10x |
| MICHAEL J MUNGO FOUNDATION INC | SC | T20 | $5,188,984 | $2,991,130 | MGR & SECRET | $65,415 | Similar name, revenue within 10x |
| MARGARET V PING FOUNDATION | MT | T22 | $99,955 | $107,463 | President | $0 | Similar name, revenue within 10x |
| MARGARET MARY HEALTH FOUNDATION INC | IN | E12 | $6,469,996 | $2,042,737 | DIRECTOR | $341,186 | Similar name, revenue within 10x |
| MICHAEL PIEGARE FOUNDATION INC | NY | B82 | $54,375 | $58,600 | PRESIDENT | $0 | Similar name, revenue differs more than 10x, same state |
| MICHAEL P BENNETT FOUNDATION INC | NY | T12 | $55,829 | $82,582 | PRESIDENT | $0 | Similar name, revenue differs more than 10x, same state |
| MICHAEL FOUNDATION INC | OK | T70 | $12,076 | $8,385 | PRESIDENT | $0 | Similar name, revenue differs more than 10x |
| ST MICHAEL FOUNDATION INC | CA | X22 | $2,711 | $390 | President/CEO | $0 | Similar name, revenue differs more than 10x |
| MICHAEL D MASON FOUNDATION INC | RI | G43 | $2,773 | $2,751 | PRESIDENT | $0 | Similar name, revenue differs more than 10x |
Who funds organizations like this
Grantors that funded the 50 most similar organizations. Ranked by total given to them. Foundations (990-PF) and donor-advised fund sponsors only. Same matching as Funders above (by EIN, or by name for foundations).
The full list · all similar organizations
Where the money went
Every expense line on each return, biggest first: Form 990 Part IX (with its program, management and fundraising columns), 990-EZ Part I, or 990-PF Part I. Event marks lines the organization itself describes as events. “Events” in each summary adds those lines, conferences and meetings, and the direct costs of fundraising events. Unusual is not the same as improper. Many of these patterns have ordinary explanations. Check the filing.
2025 · Form 990PF · $340,852 spent · pay $0 · grants $320,000 · events $0
| Line | As described | Total | Share |
|---|---|---|---|
| Contributions, gifts, grants paid | $320,000 | 93.9% | |
| Taxes | $11,204 | 3.3% | |
| Fees: other professional | $6,285 | 1.8% | |
| Other expenses | $3,023 | 0.9% | |
| Printing and publications | $340 | 0.1% | |
| Total | $340,852 | 100% |
2024 · Form 990PF · $285,342 spent · pay $0 · grants $252,000 · events $0
| Line | As described | Total | Share |
|---|---|---|---|
| Contributions, gifts, grants paid | $252,000 | 88.3% | |
| Taxes | $24,265 | 8.5% | |
| Fees: other professional | $6,044 | 2.1% | |
| Other expenses | $3,033 | 1.1% | |
| Total | $285,342 | 100% |
2023 · Form 990PF · $242,807 spent · pay $0 · grants $233,500 · events $0
| Line | As described | Total | Share |
|---|---|---|---|
| Contributions, gifts, grants paid | $233,500 | 96.2% | |
| Fees: other professional | $5,746 | 2.4% | |
| Other expenses | $2,520 | 1.0% | |
| Taxes | $871 | 0.4% | |
| Printing and publications | $170 | 0.1% | |
| Total | $242,807 | 100% |
2022 · Form 990PF · $317,046 spent · pay $0 · grants $295,000 · events $0
| Line | As described | Total | Share |
|---|---|---|---|
| Contributions, gifts, grants paid | $295,000 | 93.0% | |
| Taxes | $13,874 | 4.4% | |
| Fees: other professional | $5,383 | 1.7% | |
| Other expenses | $2,459 | 0.8% | |
| Printing and publications | $330 | 0.1% | |
| Total | $317,046 | 100% |
2021 · Form 990PF · $233,796 spent · pay $0 · grants $215,000 · events $0
| Line | As described | Total | Share |
|---|---|---|---|
| Contributions, gifts, grants paid | $215,000 | 92.0% | |
| Taxes | $10,978 | 4.7% | |
| Fees: other professional | $5,100 | 2.2% | |
| Other expenses | $2,718 | 1.2% | |
| Total | $233,796 | 100% |
2020 · Form 990PF · $198,644 spent · pay $0 · grants $187,500 · events $0
| Line | As described | Total | Share |
|---|---|---|---|
| Contributions, gifts, grants paid | $187,500 | 94.4% | |
| Taxes | $6,603 | 3.3% | |
| Fees: other professional | $2,074 | 1.0% | |
| Fees: accounting | $1,653 | 0.8% | |
| Other expenses | $654 | 0.3% | |
| Printing and publications | $160 | 0.1% | |
| Total | $198,644 | 100% |
2019 · Form 990PF · $186,627 spent · pay $0 · grants $176,920 · events $0
| Line | As described | Total | Share |
|---|---|---|---|
| Contributions, gifts, grants paid | $176,920 | 94.8% | |
| Other expenses | $4,631 | 2.5% | |
| Taxes | $2,417 | 1.3% | |
| Fees: accounting | $1,975 | 1.1% | |
| Fees: legal | $684 | 0.4% | |
| Total | $186,627 | 100% |
2018 · Form 990PF · $187,835 spent · pay $0 · grants $179,800 · events $0
| Line | As described | Total | Share |
|---|---|---|---|
| Contributions, gifts, grants paid | $179,800 | 95.7% | |
| Taxes | $3,990 | 2.1% | |
| Other expenses | $2,845 | 1.5% | |
| Fees: accounting | $1,200 | 0.6% | |
| Total | $187,835 | 100% |
2017 · Form 990PF · $176,483 spent · pay $0 · grants $170,500 · events $0
| Line | As described | Total | Share |
|---|---|---|---|
| Contributions, gifts, grants paid | $170,500 | 96.6% | |
| Other expenses | $4,567 | 2.6% | |
| Fees: accounting | $1,200 | 0.7% | |
| Taxes | $216 | 0.1% | |
| Total | $176,483 | 100% |
2016 · Form 990PF · $165,890 spent · pay $0 · grants $157,526 · events $0
| Line | As described | Total | Share |
|---|---|---|---|
| Contributions, gifts, grants paid | $157,526 | 95.0% | |
| Other expenses | $4,479 | 2.7% | |
| Taxes | $2,785 | 1.7% | |
| Fees: accounting | $1,100 | 0.7% | |
| Total | $165,890 | 100% |
State business registration
- MICHAEL AND MARGARET PICOTTE FOUNDATION, INC. NY, DOMESTIC NOT-FOR-PROFIT CORPORATION, Active, formed 1990-05-09
The same business name in the same state, from the state’s official registry data.
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