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Form 990-PFTax year 2025EIN 47-3440149

First Team Real Estate Foundation

A private foundation in Newport Beach, CA. Its return for tax year 2025 lists 4 grants and $638,883 paid in grants.

Tax year 2025 (period ending Dec 31, 2025), read from the IRS e-file on Nov 11, 2026. Returns reach the IRS 5 to 18 months after the year they describe.

How to apply

Preselected only

The return checks the box saying the foundation gives only to preselected organizations and does not accept unsolicited requests.

Assets and giving by year

5 returns on file
Grants paid by tax year. The latest year is in blue.
  • Tax year 2025

    $638,883

    Grants listed
    4
    Assets, end of year
    $0
  • Tax year 2024

    $37,000

    Grants listed
    9
    Assets, end of year
    $630,301
  • Tax year 2023

    $31,500

    Grants listed
    6
    Assets, end of year
    $627,772
  • Tax year 2022

    $11,250

    Grants listed
    2
    Assets, end of year
    $646,029
  • Tax year 2021

    $33,720

    Grants listed
    3
    Assets, end of year
    $655,247

Grants paid in 2025

4 grants, largest first

As listed on the return.

  1. ImpactAssets IncBethesda, MD

    Donor Advised Fund

    $626,383
  2. Education Foundation for CA SchoolsSanta Ana, CA

    General support

    $7,500
  3. The Literacy ProjectNewport Beach, CA

    General operations

    $3,000
  4. Israeli American CouncilIrvine, CA

    General Operations

    $2,000

Where the money goes

By cause: grants to organizations we matched to the IRS list of exempt organizations, by their category.

  1. Philanthropy and grantmaking1 grant $626,383100% of the total
  2. Community development1 grant $3,000<1% of the total

By State

Grants to organizations with a US address, latest year.

  1. Maryland1 grant $626,383
  2. California3 grants $12,500

Officers, directors and trustees

3 people as filed

As filed on the return, with average hours per week and pay from the foundation.

  • Michael MarshallBOD Hours 3Pay $0
  • Cameron MerageBOD Hours 3Pay $0
  • Tom WagnerSecretary Hours 3Pay $0

The return

More foundations

Similar foundations

Same main cause (philanthropy and grantmaking), giving between a quarter and four times this foundation’s where possible, nearby first.

  1. Robert R Sprague FoundationNewport Beach, CA 19 grants Preselected only $1,019,000 giving
  2. The Merage InstituteNewport Beach, CA 1 grant Preselected only $1,180,000 giving
  3. Ellen F Gordon Charitable TrustNewport Beach, CA 9 grants Preselected only $337,100 giving
  4. Milton and Ursula H Stolaroff FoundationNewport Beach, CA 2 grants Preselected only $1,597,297 giving
  5. Fuller Family FoundationNewport Beach, CA 1 grant Preselected only $237,230 giving