Acucares Foundation
Acucares Foundation is a private foundation based in Shelton, Connecticut. Its 2025 filing lists awards restricted to past, present, and future employees of Acuren pursuing post-secondary education.
Acucares Foundation at a glance
In short: Acucares Foundation gave $118K across 1 grant in 2025 (avg $118K), mostly in Connecticut. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $118,026
- -20.4% vs 2024
- Grants made (2025)
- 1
- +0.0% vs 2024
- Average grant
- $118,026
- -20.4% vs 2024
- Median grant
- $118,026
- Total assets
- $2,157,145
- -3.1% vs 2024
- Primary geography
- Connecticut (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026.
How to apply to Acucares Foundation
- How to Apply
-
Applications and instructions are provided upon written request by email or letter. Awards are restricted to past, present, and future employees of Acuren pursuing post-secondary education. The foundation states that it does not restrict giving to preselected organizations.
- Contact
Application contact: Acucares Foundation
Mailing address: C/O Sperry Rail Hr 5 Research Dr, Shelton, CT 06484
Phone: (203) 791-4507
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Acucares Foundation funds
How this funder distributes its grants
Grant Size Distribution
5 grants across all recorded years
The most common grant size was in the $100–250K range: 2 grants of 5 (40%).
Geographic Focus
Where this funder awards grants
All reported grant dollars in filing year 2025 went to recipients in Connecticut.
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
How Acucares Foundation gives
- Giving fell 78% from 2022 to 2025. Method
- In 2025 it paid out 110% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $118K (2025) to $548K (2020). In 2025 it made 1 grant totaling $118K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| See Schedule Attached Shelton, CT | See Attachment | $118,026 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $2,157,145 | $54,252 | $132,095 | $118,026 | 1 | $118,026 | $54,252 | $107,268 |
| 2024 | $2,225,897 | $76,758 | $163,005 | $148,296 | 1 | $148,296 | $76,758 | $112,001 |
| 2023 | $2,541,593 | $221,782 | $358,485 | $346,063 | 1 | $346,063 | $71,782 | $133,845 |
| 2022 | $2,936,639 | — | $535,260 | $531,307 | 1 | $531,307 | — | $145,181 |
| 2021 | $2,968,592 | — | $342,718 | $313,812 | 1 | $313,812 | — | $161,562 |
| 2020 | $3,503,838 | $1,366,800 | $555,490 | $547,935 | 180 | — | — | $149,469 |
Under IRS private-foundation payout rules, Acucares Foundation reported a distributable amount of $107K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated October 2026.
Grantmaking
In filing year 2025, the foundation reported one grant totaling $118,026. The grant was listed to “an individual recipient” in Shelton, Connecticut, with its purpose described as “SEE ATTACHMENT.” The sole grant was $118,026.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Peter Scannell as president, John Lockwood as treasurer, and Andrew W Regan as secretary.
Acucares Foundation is led by Peter Scannell, President on every filing since 2020; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Peter Scannell
President
On filings since 2020
1 hr/week
No compensation reported
Andrew W. Regan
Secretary
On filings since 2020
1 hr/week
No compensation reported
John Lockwood
Treasurer
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Acucares Foundation
How much does Acucares Foundation give each year?
Acucares Foundation gave $118K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $148K across 1 grant.
How large is Acucares Foundation?
Acucares Foundation reported $2.2M in total assets on its 2025 IRS Form 990-PF. It paid out $118K in qualifying distributions that year, against a required minimum of $107K (roughly 5% of its investment assets).
How do I apply for a grant from Acucares Foundation?
Applications and instructions are provided upon written request by email or letter. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
Where does Acucares Foundation make grants?
All reported grant dollars in filing year 2025 went to recipients in Connecticut.
What is Acucares Foundation's EIN?
Acucares Foundation's EIN (Employer Identification Number) is 84-2918250. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS July 29, 2026)
- IRS filings on file for fiscal years 2020–2024
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