Li-Costa Family Foundation

Foundation · Grantmaker Hyde Park, VT EIN: 93-2903455

Li-Costa Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Hyde Park, VT. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $459K in total assets. In 2024, it awarded 4 grants totaling $121K. Net investment income was $252K.

Key facts about Li-Costa Family Foundation

EIN: 93-2903455
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $121,000
Grants made (2024): 4
Average grant: $30,250
Median grant: $8,000
Total assets: $458,550
Primary geography: Vermont (83% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated April 2026.

Who Li-Costa Family Foundation funds

By grant dollars, the top recipient states for Li-Costa Family Foundation's 4 itemized 2024 grants were Vermont (83%) and Massachusetts (8%). 25% of grants with a stated purpose were for general or operating support.

How Li-Costa Family Foundation gives

In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Next steps with Li-Costa Family Foundation

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$459K

+817.1% YoY

Annual Giving

$121K

Grant Count

Avg Grant Size

$30K

Under IRS private-foundation payout rules, Li-Costa Family Foundation reported a distributable amount of $8K for 2024 — the minimum it must pay out in qualifying distributions.

About Li-Costa Family Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Vermont $100K (83%)

Massachusetts $10K (8%)

California $6K (5%)

Florida $5K (4%)

Share of all 4 itemized 2024 grant dollars.

States

California Florida Massachusetts Vermont

Cities

CambridgeJupiterLa JollaS Royalton

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023
Total Assets	$458,550	$50,000
Revenue	$585,130	$50,000
Expenses	$176,580	—
Qualifying Distributions	$172,266	—
Net Investment Income	$252,264	—
Distributable Amount	$7,983	$94

Data update history

When this profile's IRS filing data changed on Grantable

March 3, 2026 IRS filings on file for fiscal years 2023–2024

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

Grant Size Distribution

4 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Vermont Law School Inc ($100,000), President & Fellows of Harvard College ($10,000), Cat Lounge Rescue and Adoption Center ($6,000).

Recipient	Purpose	Amount
VERMONT LAW SCHOOL INC S Royalton, VT	To support the Vermont Law and Graduate School's Environmental Advocacy Clinic	$100,000
PRESIDENT & FELLOWS OF HARVARD COLLEGE Cambridge, MA	CS50 Family Lunch Event Sponsorship	$10,000
CAT LOUNGE RESCUE AND ADOPTION CENTER La Jolla, CA	General & Unrestricted	$6,000
PIPERS ANGELS FOUNDATION INC Jupiter, FL	Charitable Event	$5,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

Name	Title	Hours	Compensation
Saul D Costa	Dir, Pres, Sec, Treas	10	—
Lorraine Li	Dir	2	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Li-Costa Family Foundation?

Li-Costa Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Hyde Park, VT. It holds $459K in total assets as of 2024.

How large is Li-Costa Family Foundation?

As of 2024, Li-Costa Family Foundation holds $459K in total assets with $585K in annual revenue. It awarded 4 grants totaling $121K in 2024.

Where does Li-Costa Family Foundation operate?

Li-Costa Family Foundation has awarded grants in California, Florida, Massachusetts, Vermont.

What size grants does Li-Costa Family Foundation award?

In 2024, Li-Costa Family Foundation awarded 4 grants totaling $121K — an average of about $30K per grant, based on its IRS Form 990 filings.

How much is Li-Costa Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Li-Costa Family Foundation reported a distributable amount of $8K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.