Lunacap Foundation Inc
Lunacap Foundation Inc is a private foundation based in New York, New York. It supports scholarships for students entering MBA programs, with its website identifying active U.S. military members, veterans, and students of Mexican descent as eligible groups.
Key facts about Lunacap Foundation Inc
In short: Lunacap Foundation Inc gave $92K across 10 grants in 2024 (avg $9K), top state New York. Source: 2024 IRS Form 990-PF.
- EIN
- 83-0941957
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $92,000
- Grants made (2024)
- 10
- Average grant
- $9,200
- Median grant
- $10,000
- Total assets
- $5,245,225
- Primary geography
- New York (24% of itemized 2024 grant dollars)
- How to apply
- The filing says email applications should be submitted through the foundation’s website and lists Paul Capon as the contact. Full details ↓
- Deadline
- The filing lists May 1, 2025 for Class of 2027; this deadline has passed.
Data from IRS Form 990-PF, 2024; updated September 2026. Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$5.2M
+0.1% YoY
Annual Giving
$92K
-38.7% YoY
Grant Count
10
+25.0% YoY
Avg Grant Size
$9K
-50.9% YoY
Under IRS private-foundation payout rules, Lunacap Foundation Inc reported a distributable amount of $244K for 2024 — the minimum it must pay out in qualifying distributions.
How Lunacap Foundation Inc gives
- In 2024 it paid out 38% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Mission & Focus Areas
The foundation’s stated mission is to help active-duty U.S. military members, veterans, and students of Mexican descent achieve their potential through scholarships for first-year students entering top-tier MBA programs.
Its website says scholarships are one-time and need-based, and that an Executive MBA program is eligible. The 2024 filing lists scholarship grants to business schools and universities, as well as a grant to Ironbound Boxing for community education and youth development.
Grantmaking
In 2024, the foundation reported 10 grants totaling $92,000. Grants ranged from $2,000 to $10,000, with a median of $10,000. The largest grants included $10,000 each to the University of California Business School, University of Pennsylvania Business School, Columbia University Business School (two grants), Yale University, Harvard University Business School, MIT Sloan Business School, Stanford University Business School, and Ironbound Boxing. The filing states scholarship purposes for the university grants and community education and youth development for the Ironbound Boxing grant.
Review Cycle
for Class of 2027.
Ready to take the next step with Lunacap Foundation Inc?
Geographic Focus
Where this funder awards grants
The 2024 filing reports grant dollars distributed among recipients in New York (24%), California (22%), Massachusetts (22%), Pennsylvania (11%), and Connecticut (11%). Its listed 2024 grants also include Ironbound Boxing in New Jersey.
Grant Distribution by State
Share of 2024 grant dollars across all 10 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2023 to 2024, annual grant giving ranged from $92K (2024) to $150K (2023). In 2024 it made 10 grants totaling $92K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2024
The largest 2024 recipient was Columbia University Business School ($22K across 3 grants). Together the top 8 received $92K.
Grant Size Distribution
18 grants across all recorded years
The most common grant size was under $50K: 17 grants of 18 (94%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| University of California Business School Berkeley, CA | Scholarship | $10,000 |
| University of Pennsylvania Business School Philadelphia, PA | Scholarship | $10,000 |
| Columbia University Business School New York, NY | Scholarship | $10,000 |
| Columbia University Business School New York, NY | Scholarship | $10,000 |
| Yale University New Haven, CT | Scholarship | $10,000 |
| Harvard University Business School Cambridge, MA | Scholarship | $10,000 |
| MIT Sloan Business School Cambridge, MA | Scholarship | $10,000 |
| Stanford University Business School Standford, CA | Scholarship | $10,000 |
| Ironbound Boxing Newark, NJ | Community education and development of youths. | $10,000 |
| Columbia University Business School New York, NY | Scholarship | $2,000 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Assets | Revenue | Expenses | Grants |
|---|---|---|---|---|
| 2024 | $5,245,225 | $110,541 | $107,645 | $92,000 across 10 grants |
| 2023 | $5,242,329 | $106,792 | $164,556 | $150,000 across 8 grants |
| Metric | 2024 | 2023 |
|---|---|---|
| Total Assets | $5,245,225 | $5,242,329 |
| Revenue | $110,541 | $106,792 |
| Expenses | $107,645 | $164,556 |
| Qualifying Distributions | $92,000 | $150,000 |
| Distributable Amount | $243,501 | $259,878 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2023–2024
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Christopher Mendez and Paul Capon as board members. The foundation’s website identifies Paul Capon and Christopher Mendez as founders.
Lunacap Foundation Inc's 2024 filing lists 2 officers; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
Christopher Mendez
Board Member
On filings since 2023
1 hr/week
No compensation reported
Paul Capon
Board Member
On filings since 2023
2 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2023–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Contact
Application contact: Paul Capon
Mailing address: 1412 Broadway, New York, NY 10018
Phone: (917) 453-6120
Website: https://www.lunacapfoundation.org
Frequently asked questions about Lunacap Foundation Inc
How much does Lunacap Foundation Inc give each year?
Lunacap Foundation Inc gave $92K across 10 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $150K across 8 grants.
What is Lunacap Foundation Inc's typical grant size?
Lunacap Foundation Inc's median grant in 2024 was $10,000, and its average grant was $9,200, across 10 grants on its 2024 IRS Form 990-PF.
Where does Lunacap Foundation Inc give grants?
Lunacap Foundation Inc's top state is New York, with 24% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were California (22%) and Massachusetts (22%). The most frequent recipient cities were New York, NY (3 grants) and Cambridge, MA (2 grants).
Does Lunacap Foundation Inc give general operating support?
Not in 2024: none of the 10 grants with a stated purpose on Lunacap Foundation Inc's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Scholarship" (9 grants).
Who are Lunacap Foundation Inc's largest grantees?
Lunacap Foundation Inc's largest 2024 grantees include Columbia University Business School ($22,000 across 3 grants), University of California Business School ($10,000) and University of Pennsylvania Business School ($10,000), according to its 2024 IRS Form 990-PF. Together they received 46% of its itemized 2024 grant dollars.
How large is Lunacap Foundation Inc?
Lunacap Foundation Inc reported $5.2M in total assets on its 2024 IRS Form 990-PF. It paid out $92K in qualifying distributions that year, against a required minimum of $244K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does Lunacap Foundation Inc fund?
The foundation’s stated mission is to help active-duty U.S. military members, veterans, and students of Mexican descent achieve their potential through scholarships for first-year students entering top-tier MBA programs. See mission & focus areas ↑
How do I apply for a grant from Lunacap Foundation Inc?
The filing says email applications should be submitted through the foundation’s website and lists Paul Capon as the contact. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Lunacap Foundation Inc's EIN?
Lunacap Foundation Inc's EIN (Employer Identification Number) is 83-0941957. IRS Form 990 filing data is available on this page for 2023–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Here's the math on researching Lunacap Foundation Inc by hand.
Explore Open Grants
Browse active grant opportunities in Lunacap Foundation Inc's focus areas in our free grants database
Similar Funders
Funders with grantees in common
Tall Pines Charitable Foundation Inc
Vero Beach, FL
Assets
$2.0M
Grants
1
Total Given
$89K
Gastric Cancer Foundation
Millbrae, CA
The Gastric Cancer Foundation helps patients to face their diagnosis with reliable information, tools to navigate the journey, and a compassionate community that truly understands. The foundation funds research initiatives that contribute to understanding gastric cancer and developing improved methods of prevention, detection and treatment.
Assets
$732K
Grants
3
Total Given
$300K
Jonathan and Meredith Meeks Foundation
Wilmington, DE
Assets
$14.5M
Grants
3
Total Given
$520K
Botanical Society of America Inc
St. Louis, MO
To inspire and promote an inclusive global community committed to advancing fundamental knowledge and innovation in the botanical sciences for the benefit of people and the environment.
Assets
$10.0M
Grants
4
Total Given
$37K
Sir Peter Shaffer Charitable Foundation
Los Angeles, CA
Assets
$3.8M
Grants
4
Total Given
$230K
The Pro Archia Foundation
Dallas, TX
Assets
$7.3M
Grants
4
Total Given
$459K
The John and Anne Albright
New York, NY
Assets
$23K
Grants
5
Total Given
$3K
Partnership for Cures
Chicago, IL
Cures Within Reach leverages the speed, safety and cost-effectiveness of testing approved therapies for new indications/diseases without effective treatment driving more treatments quicker to more patients.
Assets
$7.5M
Grants
7
Total Given
$385K
MC Scholarship Foundation
Newport, RI
Assets
$808K
Grants
7
Total Given
$44K
American Psychiatric Association Foundation
Washington, DC
Promote the mental health and well-being of individuals and communities where we live, learn, work, worship, and play.
Assets
$67.6M
Grants
9
Total Given
$631K
JMS Foundation Inc
Branford, CT
JMS Foundation Inc funds a range of charitable organizations, including community and educational groups. Its 2024 grants ranged from $500 to $5,150, with a median of $1,044, and mostly supported organizations in Connecticut, with grants also reaching other states. It gives only to preselected organizations and does not accept unsolicited requests.
Assets
$51K
Grants
15
Total Given
$33K
The Klingenstein Third Generation Foundation
New York, NY
The Klingenstein Third Generation Foundation funds research and programs addressing children’s and adolescents’ mental health, especially ADHD, depression, and access to care, through U.S.-based academic researchers and institutions. Its 2025 grants ranged from $2,500 to $100,000, with a median of $50,000. It does not accept unsolicited requests.
Assets
$24.4M
Grants
16
Total Given
$788K
More Funders in New York
Lunacap Foundation Inc down — hundreds of funders to go?