KAP 508 Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.6M in total assets. In 2024, it awarded 11 grants totaling $45K. Net investment income was $203K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.6M
+3.2% YoY
Annual Giving
$45K
-48.6% YoY
Grant Count
11
-59.3% YoY
Avg Grant Size
$4K
+26.2% YoY
Under IRS private-foundation payout rules, KAP 508 Foundation Inc reported a distributable amount of $96K for 2024 — the minimum it must pay out in qualifying distributions.
About KAP 508 Foundation Inc
Based on IRS filings
KAP 508 Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.6M in total assets. In 2024, it awarded 11 grants totaling $45K. Net investment income was $203K.
Focus Areas
Ready to take the next step with KAP 508 Foundation Inc?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,612,595 | $1,562,246 | $1,510,607 |
| Revenue | $135,535 | $168,894 | $64,286 |
| Expenses | $85,186 | $117,255 | $118,821 |
| Qualifying Distributions | $62,035 | $97,495 | $98,499 |
| Net Investment Income | $203,451 | $46,479 | $45,418 |
| Distributable Amount | $95,765 | $84,115 | $85,146 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
79 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Northeastern Pennsylvania Youth Shelter Dba Nepa Y ($10,000), Wrc Inc ($10,000), The One Love Foundation in Honor of Yeardley Love ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AUTISMUP INC ROCHESTER, NY | General & Unrestricted | $2,000 |
| COMMUNITY FOOD PANTRY OF SLEEPY HOLLOW TARRYTOWN TARRYTOWN, NY | General & Unrestricted | $1,000 |
| DASAP INC ROCHESTER, NY | General & Unrestricted | $4,000 |
| HORSEMANS HARVEST NEIGHBORHOOD PANTRY INC SLEEPY HOLLOW, NY | General & Unrestricted | $1,000 |
| KIDS CLUB OF TARRYTOWN & SLEEPY HOLLOW INC TARRYTOWN, NY | General & Unrestricted | $2,500 |
| NORTHEASTERN PENNSYLVANIA YOUTH SHELTER DBA NEPA Y SCRANTON, PA | General & Unrestricted | $10,000 |
| OPEN DOOR FOUNDATION INC OSSINING, NY | General & Unrestricted | $4,000 |
| RSHM LIFE CENTER INC SLEEPY HOLLOW, NY | General & Unrestricted | $500 |
| THE ONE LOVE FOUNDATION IN HONOR OF YEARDLEY LOVE BALTIMORE, MD | General & Unrestricted | $5,000 |
| WILLOW DOMESTIC VIOLENCE CENTER OF GREATER ROCHEST ROCHESTER, NY | General & Unrestricted | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Alfred J Mascia | Dir, Pres | 1 | — |
| Kerry Mascia | Dir, Treas | 1 | — |
| Margaret Mascia | Dir, VP | 1 | — |
| Patrick Mascia | Dir | 1 | — |
| Amy Mascia Knowles | Dir | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is KAP 508 Foundation Inc?
KAP 508 Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. It holds $1.6M in total assets as of 2024.
How large is KAP 508 Foundation Inc?
As of 2024, KAP 508 Foundation Inc holds $1.6M in total assets with $136K in annual revenue. It awarded 11 grants totaling $45K in 2024.
Where does KAP 508 Foundation Inc operate?
KAP 508 Foundation Inc has awarded grants in Connecticut, Maryland, New York, Pennsylvania.
What size grants does KAP 508 Foundation Inc award?
In 2024, KAP 508 Foundation Inc awarded 11 grants totaling $45K — an average of about $4K per grant, based on its IRS Form 990 filings.
How much is KAP 508 Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, KAP 508 Foundation Inc reported a distributable amount of $96K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is KAP 508 Foundation Inc's EIN?
KAP 508 Foundation Inc's EIN (Employer Identification Number) is 26-0402722. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in KAP 508 Foundation Inc's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
Ttee Trustees of Univ of Mass - Art 5
WILMINGTON, DE
Assets
$380K
Grants
1
Total Given
$14K
The Jonsson Foundation
WILMINGTON, DE
Assets
$784K
Grants
3
Total Given
$15K
The Cucci Family Foundation
WILMINGTON, DE
Assets
$579K
Grants
4
Total Given
$45K
Westly Foundation
WILMINGTON, DE
Assets
$4.1M
Grants
55
Total Given
$1.2M
Scott and Jessica McClintock Foundation
WILMINGTON, DE
Assets
$8.9M
Grants
22
Total Given
$392K
The John C Griswold Family Foundation
WILMINGTON, DE
Assets
$13.4M
Grants
68
Total Given
$534K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with KAP 508 Foundation Inc on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities
Go from researching KAP 508 Foundation Inc to a real strategy.