Lacuna Corporation
Lacuna Corporation is a private foundation focused on Environment & Animals, based in Charleston, SC. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $5.1M in total assets. In 2025, it made $25K in qualifying distributions.
Lacuna Corporation at a glance
- Total assets
- $5,108,160
- -0.9% vs 2024
- Qualifying distributions (2025)
- $24,825
- -65.8% vs 2024
- Expenses (2025)
- $46,860
- -40.9% vs 2024
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026.
Who Lacuna Corporation funds
How this funder distributes its grants
Grant Size Distribution
4 grants across all recorded years
The most common grant size was under $50K: 3 grants of 4 (75%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
How Lacuna Corporation gives
- Giving fell 41% from 2021 to 2024. Method
- In 2025 it paid out 441% 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 2021 to 2024, annual grant giving ranged from $5K (2022) to $50K (2023). In 2024 it made 1 grant totaling $10K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Nemours Wildlife Foundation Yemassee, SC | natural resource conservation | $10,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Distributable Amount |
|---|---|---|---|---|---|---|---|
| 2025 | $5,108,160 | — | $46,860 | — | — | $24,825 | $5,629 |
| 2024 | $5,155,020 | $252,025 | $79,258 | $10,000 | 1 | $72,613 | $4,945 |
| 2023 | $5,183,956 | $2,547,007 | $163,353 | $50,000 | 1 | $93,584 | $9,494 |
| 2022 | $5,560,271 | $1,000 | $37,444 | $5,000 | 1 | $26,508 | $14,786 |
| 2021 | $3,832,819 | $397,223 | $76,154 | $17,000 | 1 | — | $4,795 |
| 2020 | $5,411,750 | $308,000 | $20,471 | — | — | — | $5,308 |
| 2019 | $1,428,721 | $232,208 | $16,211 | — | — | — | $15,296 |
Under IRS private-foundation payout rules, Lacuna Corporation reported a distributable amount of $6K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Lacuna Corporation is led by Mike McShane, President since 2020 (on filings since 2019); none of the 4 officers listed in 2025 report compensation.
Officers on the 2025 filing
Mike McShane
President
Treasurer → President, 2020
On filings since 2019
1 hr/week
No compensation reported
Andrea Clark
Director & Vice President
Board Member → Director & Vice President, 2023
On filings since 2020
1 hr/week
No compensation reported
Charles Webb
Director & Vice President
On filings since 2023
1 hr/week
No compensation reported
Stephen Gavel
Treasurer & Secretary
Board Member → Treasurer & Secretary, 2020
On filings since 2019
1 hr/week
No compensation reported
Former officers (2)
- Former: Henry Fair (2019–2022) — Vice President
- Former: Coy Johnston (2019) — President
Data from IRS Form 990 filings, 2019–2025. "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 Lacuna Corporation
How large is Lacuna Corporation?
Lacuna Corporation reported $5.1M in total assets on its 2025 IRS Form 990-PF. It paid out $25K in qualifying distributions that year, against a required minimum of $6K (roughly 5% of its investment assets).
What is Lacuna Corporation?
Lacuna Corporation is a private foundation focused on Environment & Animals, based in Charleston, SC. It holds $5.1M in total assets as of 2025.
Where does Lacuna Corporation operate?
Lacuna Corporation has awarded grants in South Carolina.
What is Lacuna Corporation's EIN?
Lacuna Corporation's EIN (Employer Identification Number) is 20-3782729. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
Data update history
(8)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS June 15, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS August 10, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS August 15, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS August 14, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS August 12, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS June 9, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS March 14, 2026)
- IRS filings on file for fiscal years 2019–2025
Live grants for the work Lacuna Corporation funds
Environment & Animals Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Lacuna Corporation's focus areas in our free grants database
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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Lacuna Corporation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Lacuna Corporation down — hundreds of funders to go?