Lucas Wegmann Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEWCASTLE, ME. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $386K in total assets. In 2024, it awarded 7 grants totaling $178K. Net investment income was $41K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$386K
-84.2% YoY
Annual Giving
$178K
-24.5% YoY
Grant Count
7
+75.0% YoY
Avg Grant Size
$25K
-56.8% YoY
About Lucas Wegmann Foundation
Based on IRS filings
Lucas Wegmann Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEWCASTLE, ME. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $386K in total assets. In 2024, it awarded 7 grants totaling $178K. Net investment income was $41K.
Focus Areas
Ready to take the next step with Lucas Wegmann Foundation?
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 | $385,610 | $2,445,466 | $2,550,521 |
| Revenue | $48,322 | $11,742 | $270,159 |
| Expenses | $186,110 | $277,716 | $238,361 |
| Qualifying Distributions | $178,000 | $237,325 | $203,175 |
| Net Investment Income | $40,620 | $46,445 | $48,220 |
| Distributable Amount | $188,760 | $199,813 | $218,656 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
15 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| C LUCAS WEGMANN | TRUSTEE | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
Grand Chapter of Maine Order of the Eastern Star
AUGUSTA, ME
Assets
$2.9M
Grants
1
Total Given
$5K
Bangor Theological Seminary
PORTLAND, ME
Assets
$22.4M
Grants
3
Total Given
$11K
Maine Hospital Association Inc
AUGUSTA, ME
Assets
$8.0M
Grants
1
Total Given
$10K
Bowery Beach School Bldg Maintenance Tr
SOUTH PORTLAND, ME
Assets
$29K
Grants
0
Total Given
—
United Way of Tri Vally Area
FARMINGTON, ME
Assets
$306K
Grants
13
Total Given
$77K
Elmina B Sewall Foundation
FREEPORT, ME
Assets
$164.8M
Grants
296
Total Given
$14.4M
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Lucas Wegmann Foundation 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