Lone Pine Foundation

Private foundation · Grantmaker Houston, TX EIN: 38-3562808

Lone Pine Foundation is a private foundation, based in Houston, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $105K in total assets. In 2024, it awarded 7 grants totaling $26K. Net investment income was $6K.

Lone Pine Foundation at a glance

In short: Lone Pine Foundation gave $26K across 7 grants in 2024 (avg $4K), top state Michigan. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$26,000
+18.2% vs 2023
Grants made (2024)
7
+0.0% vs 2023
Average grant
$3,714
+18.2% vs 2023
Median grant
$5,000
Total assets
$105,294
-17.2% vs 2023
Primary geography
Michigan (29% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

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

Who Lone Pine Foundation funds

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

Chicago Lions Rugby: $5KChicago Lions Rugby$5KDuke University: $5KDuke University$5KMichigan Rugby Foundation: $5KMichigan Rugby Foundation$5KUniversity of Mississippi Foundation: $5KUniversity of MississippiFoundation$5KDetroit Rugby Foundation: $3KDetroit Rugby Foundation$3KThe Museum of Fine Arts: $3KThe Museum of Fine Arts$3KYMCA Storer Camps: $1KYMCA Storer Camps$1K

The largest 2024 recipient was Chicago Lions Rugby ($5K). Together the top 7 received $26K.

Grant Size Distribution

23 grants across all recorded years

23<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 23 grants of 23 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

6states

Share of 2024 grant dollars across all 7 itemized grants.

Cities

DurhamOxfordSylvaniaAnn ArborChicagoHoustonWarrenToledo

How Lone Pine Foundation gives

  • Giving grew 136% from 2021 to 2024. Method
  • In 2024 it paid out 420% 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

$0$10K$20K$30K2 grants2020 3 grants2021 4 grants2022 7 grants2023 7 grants2024

From 2020 to 2024, annual grant giving ranged from $6K (2020) to $26K (2024). In 2024 it made 7 grants totaling $26K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Chicago Lions Rugby Chicago, ILGeneral Operating Support$5,000
Duke University Durham, NCGeneral Operating Support$5,000
Michigan Rugby Foundation Ann Arbor, MIGeneral Operating Support$5,000
University of Mississippi Foundation Oxford, MSGeneral Operating Support$5,000
Detroit Rugby Foundation Warren, MIGeneral Operating Support$2,500
The Museum of Fine Arts Houston, TXGeneral Operating Support$2,500
YMCA Storer Camps Sylvania, OHGeneral Operating Support$1,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2024$105,294$8,203$30,120$26,0007$28,090$6,173$6,692
2023$127,211$-398,610$22,000$22,0007$22,000$3,589$25,134
2022$547,821$5,943$25,737$16,0004$20,002—$27,625
2021$567,615$31,008$11,094$11,0003$11,000$30,914$28,187
2020$547,999$-3,522$10,800$6,0002—$5,664$27,375

Under IRS private-foundation payout rules, Lone Pine Foundation reported a distributable amount of $7K for 2024 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Lone Pine Foundation is led by Jacque H. Passino Jr., President & Treasurer on every filing since 2020; none of the 3 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Jacque H. Passino Jr.

    President & Treasurer

    On filings since 2020

    1 hr/week

    No compensation reported

  • Jacque G. Passino

    Director

    On filings since 2020

    No compensation reported

  • Paul C. Passino

    Secretary

    On filings since 2020

    No compensation reported

Data from IRS Form 990 filings, 2020–2024. "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 Lone Pine Foundation

How much does Lone Pine Foundation give each year?

Lone Pine Foundation gave $26K across 7 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $22K across 7 grants.

What is Lone Pine Foundation's typical grant size?

Lone Pine Foundation's median grant in 2024 was $5,000, and its average grant was $3,714, across 7 grants on its 2024 IRS Form 990-PF.

Where does Lone Pine Foundation give grants?

Lone Pine Foundation's top state is Michigan, with 29% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were Illinois (19%) and North Carolina (19%).

Does Lone Pine Foundation give general operating support?

Yes: 100% of Lone Pine Foundation's 2024 grants with a stated purpose (7 of 7) were for general or operating support, per its 2024 IRS Form 990-PF.

Who are Lone Pine Foundation's largest grantees?

Lone Pine Foundation's largest 2024 grantees include Chicago Lions Rugby ($5,000), Duke University ($5,000) and Michigan Rugby Foundation ($5,000), according to its 2024 IRS Form 990-PF. Together they received 58% of its itemized 2024 grant dollars.

How large is Lone Pine Foundation?

Lone Pine Foundation reported $105K in total assets on its 2024 IRS Form 990-PF. It paid out $28K in qualifying distributions that year, against a required minimum of $7K (roughly 5% of its investment assets).

What is Lone Pine Foundation's EIN?

Lone Pine Foundation's EIN (Employer Identification Number) is 38-3562808. IRS Form 990 filing data is available on this page for 2020–2024.

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

Data update history

(6)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS September 20, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 16, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS November 14, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS November 15, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS November 12, 2025)
  6. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Lone Pine Foundation'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.

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