Acucares Foundation
Acucares Foundation is a private grantmaking foundation located in Shelton, Connecticut. The foundation is classified as an educational organization specializing in private grantmaking.
Key facts about Acucares Foundation
- EIN
- 84-2918250
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $148,296
- Grants made (2024)
- 1
- Average grant
- $148,296
- Median grant
- $148,296
- Total assets
- $2,225,897
- Primary geography
- Connecticut (100% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated June 2026.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.2M
-12.4% YoY
Annual Giving
$148K
-57.1% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$148K
-57.1% YoY
Under IRS private-foundation payout rules, Acucares Foundation reported a distributable amount of $112K for 2024 — the minimum it must pay out in qualifying distributions.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 1 itemized 2024 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
According to the most recent available data:
- Reported Assets: $1 million+
- Reported Annual Income: $50,000+
- Form 990 Revenue: $0*
*Note: The asterisk indicates these figures represent minimum thresholds based on available reporting data.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,225,897 | $2,541,593 | $2,936,639 |
| Revenue | $76,758 | $221,782 | — |
| Expenses | $163,005 | $358,485 | $535,260 |
| Qualifying Distributions | $148,296 | $346,063 | $531,307 |
| Net Investment Income | $76,758 | $71,782 | — |
| Distributable Amount | $112,001 | $133,845 | $145,181 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
184 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include See Schedule Attached ($148,296).
| Recipient | Purpose | Amount |
|---|---|---|
| SEE SCHEDULE ATTACHED SHELTON, CT | SEE ATTACHMENT | $148,296 |
Leadership & Key People
Leadership team and compensation from IRS filings
William Shea serves as a contact person for the foundation.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PETER SCANNELL | PRESIDENT | 1 | — |
| JOHN LOCKWOOD | TREASURER | 1 | — |
| ANDREW W REGAN | SECRETARY | 1 | — |
Contact Information
Address:
c/o Sperry
5 Research Drive, Suite 135
Shelton, CT 06484
Exempt Status Date: March 2020
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What size grants does Acucares Foundation award?
In 2024, Acucares Foundation awarded 1 grants totaling $148K — an average of about $148K per grant, based on its IRS Form 990 filings.
How much is Acucares Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Acucares Foundation reported a distributable amount of $112K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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 2020–2024.
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.