Ipswich Shellfish Foundation Inc

IPSWICH, MA EIN: 04-3412318

Ipswich Shellfish Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in IPSWICH, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $75K in total assets. In 2024, it awarded 7 grants totaling $5K. Net investment income was $733.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$75K

-5.8% YoY

Annual Giving

$5K

-16.2% YoY

Grant Count

7

-46.2% YoY

Avg Grant Size

$700

+55.6% YoY

Under IRS private-foundation payout rules, Ipswich Shellfish Foundation Inc reported a distributable amount of $5K for 2024 — the minimum it must pay out in qualifying distributions.

About Ipswich Shellfish Foundation Inc

Based on IRS filings

Ipswich Shellfish Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in IPSWICH, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $75K in total assets. In 2024, it awarded 7 grants totaling $5K. Net investment income was $733.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Cities

AmesburyBerlinBrewerCentervilleCharlestonDanversEastonEliotGrasonvilleHaverhillIpswichManchesterMiddletonMount PleasantNorth BerwickNorth BranfordPeabodyQueen AnneRockportScarborough

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2K$4K$6K$8K20202021202220232024
Metric202420232022
Total Assets$75,341$80,003$83,815
Revenue$861$2,094$3,513
Expenses$5,523$5,906$5,910
Qualifying Distributions$4,900$5,850$5,250
Net Investment Income$733$2,078$2,853
Distributable Amount$5,213$5,136$4,229

Giving Over Time

Total grant dollars and number of grants per year

$0$1K$3K$4K$6K16 grants202014 grants202110 grants202213 grants20237 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

MARCO BUSSONE$700KAYLA M DANFORTH$700PAMELA DASKOSKI$700OLIVIA SAXONIS$700CHANDLER SMITH$700KENYON SMOTHERS$700WILSON SMOTHERS JR$700

Grant Size Distribution

60 grants across all recorded years

60<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Marco Bussone ($700), Kayla M Danforth ($700), Pamela Daskoski ($700).

RecipientPurposeAmount
MARCO BUSSONE MANCHESTER, MATO FINANCE TUITION AND/OR EDUCATIONAL EXPENSES.$700
KAYLA M DANFORTH BREWER, METO FINANCE TUITION AND/OR EDUCATIONAL EXPENSES.$700
PAMELA DASKOSKI ELIOT, METO FINANCE TUITION AND/OR EDUCATIONAL EXPENSES.$700
OLIVIA SAXONIS MIDDLETON, MATO FINANCE TUITION AND/OR EDUCATIONAL EXPENSES.$700
CHANDLER SMITH BERLIN, MDTO FINANCE TUITION AND/OR EDUCATIONAL EXPENSES.$700
KENYON SMOTHERS QUEEN ANNE, MDTO FINANCE TUITION AND/OR EDUCATIONAL EXPENSES.$700
WILSON SMOTHERS JR QUEEN ANNE, MDTO FINANCE TUITION AND/OR EDUCATIONAL EXPENSES.$700

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
CHRISSI PAPPASPRESIDENT/DIRECTOR
ALEXANDER PAPPASTREASURER/CLERK/DIRECTOR
PETER J MANDRAGOURASDIRECTOR

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Ipswich Shellfish Foundation Inc?

Ipswich Shellfish Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in IPSWICH, MA. It holds $75K in total assets as of 2024.

How large is Ipswich Shellfish Foundation Inc?

As of 2024, Ipswich Shellfish Foundation Inc holds $75K in total assets with $861 in annual revenue. It awarded 7 grants totaling $5K in 2024.

Where does Ipswich Shellfish Foundation Inc operate?

Ipswich Shellfish Foundation Inc has awarded grants in Connecticut, Massachusetts, Maryland, Maine, South Carolina.

What size grants does Ipswich Shellfish Foundation Inc award?

In 2024, Ipswich Shellfish Foundation Inc awarded 7 grants totaling $5K — an average of about $700 per grant, based on its IRS Form 990 filings.

How much is Ipswich Shellfish Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Ipswich Shellfish Foundation Inc reported a distributable amount of $5K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Ipswich Shellfish Foundation Inc's EIN?

Ipswich Shellfish Foundation Inc's EIN (Employer Identification Number) is 04-3412318. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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