LY Spear Foundation

MYSTIC, CT EIN: 06-6026051

LY Spear Foundation is a private foundation, based in MYSTIC, CT. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $36K in total assets. In 2024, it awarded 1 grants totaling $5K. Net investment income was $1K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$36K

-9.8% YoY

Annual Giving

$5K

+60.0% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$5K

+60.0% YoY

About LY Spear Foundation

Based on IRS filings

LY Spear Foundation is a private foundation, based in MYSTIC, CT. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $36K in total assets. In 2024, it awarded 1 grants totaling $5K. Net investment income was $1K.

Ready to take the next step with LY Spear Foundation?

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

Groton

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2K$3K$5K$6K2021202220232024
Metric202420232022
Total Assets$35,826$39,730$37,825
Revenue$1,577$5,576$3,577
Expenses$5,481$3,671$4,227
Qualifying Distributions$4,936$3,126$3,682
Net Investment Income$1,407$1,406$1,407
Distributable Amount$1,488$1,646$1,730

Giving Over Time

Total grant dollars and number of grants per year

$0$1K$2K$4K$5K1 grants20211 grants20221 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

US Naval Submarine Schoo…$5K

Grant Size Distribution

4 grants across all recorded years

4<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

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

NameTitleHoursCompensation
RADM David M GoebelTrustee1
CAPT Thomas F OlsonTrustee1
CAPT Emil CascianoTrustee1
CAPT Frederick R HaberlandtTrustee1
CAPT David M McCallTrustee1
CAPT Ray GabrielTrustee1
CDR Gary W KirkpatrickTrustee1

Related Funders

Similar funders by location and focus area

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

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