Lyndon Paul Lorusso Charitable Foundatio
The Lyndon Paul Lorusso Charitable Foundation of 2002 is a private foundation based in Boston, Massachusetts. Established to celebrate the life and perpetuate the memory of Lyndon Paul Lorusso, the foundation reflects the values of Lyndon Paul Lorusso and his parents, Paul and Lila Lorusso. These core values include civic responsibility, personal and corporate integrity, honesty, fairness, and service to those in need.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$28.2M
+1.6% YoY
Annual Giving
$1.4M
+2.8% YoY
Grant Count
55
-3.5% YoY
Avg Grant Size
$26K
+6.6% YoY
Under IRS private-foundation payout rules, Lyndon Paul Lorusso Charitable Foundatio reported a distributable amount of $1.6M for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation supports charitable organizations through grants that reflect the spirit and values of the Lorusso family. Primary funding interests include:
- Health care service delivery
- Educational opportunities, including scholarships for students pursuing higher or continuing education
- Programs supporting youth, with particular emphasis on economically disadvantaged youth and youth with physical or developmental disabilities
- Hunger relief
- Programs in support of Veterans
- Animal welfare
Grantmaking
Applicants must be tax-exempt organizations qualifying under Section 501(c)(3) of the Internal Revenue Code and not a private foundation within the meaning of section 509(a) of the Code. Grants to municipalities or public schools will be considered if there is a demonstrated public purpose, such as scholarships.
Grant Range
s typically range from $5,000–$25,000
Grant Types
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Geographic Focus
Where this funder awards grants
The foundation gives preference to organizations located on Cape Cod, Massachusetts. However, the foundation will also consider off-Cape organizations that provide direct services to Cape Cod communities.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Based on the most recent IRS Form 990 filing (2024):
- Total Assets: $28,204,048
- Total Annual Giving: $1,421,570
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $28,204,048 | $27,752,544 | $29,670,407 |
| Revenue | $1,245,531 | $-635,522 | $18,417 |
| Expenses | $1,607,813 | $1,584,357 | $3,356,265 |
| Qualifying Distributions | $1,535,272 | $1,511,552 | $1,736,014 |
| Net Investment Income | $1,185,377 | $222,781 | $165,433 |
| Distributable Amount | $1,570,895 | $1,470,073 | $1,527,034 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
186 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include The Genesis Foundation for Children Inc ($175,000), Spaulding Rehabilitation Hospital Corporation ($101,750), Lower Cape Outreach Council Inc ($75,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AMAZING GRACE OF CAPE COD INC CENTERVILLE, MA | GENERAL OPERATING SUPPORT | $10,000 |
| ANIMAL RESCUE LEAGUE OF BOSTON DEDHAM, MA | CAPE COD ANIMAL CARE & ADOPTION CENTER | $7,500 |
| BEHAVIORAL HEALTH INNOVATORS INC SOUTH CHATHAM, MA | POSITIVE ALTERNATIVES TO STUDENT SUPPORT (PASS) | $12,500 |
| BELONGING TO EACH OTHER INC FALMOUTH, MA | GENERAL OPERATING SUPPORT | $20,000 |
| BOYS AND GIRLS CLUB OF CAPE COD INC MASHPEE, MA | BOYS & GIRLS CLUB OF CAPE COD TEEN PROGRAM | $10,000 |
| CAPE ABILITIES INC HYANNIS, MA | GENERAL OPERATING SUPPORT | $50,000 |
| CAPE AND ISLANDS VETERANS OUTREACH CENTER INC HYANNIS, MA | THE TRANSPORTATION PROGRAM | $20,000 |
| CAPE COD CHALLENGER CLUB INC OSTERVILLE, MA | VACATION RECREATION PROGRAM | $25,000 |
| CAPE COD CHILDREN'S MUSEUM MASHPEE, MA | GENERAL OPERATING SUPPORT | $25,000 |
| CAPE COD CHILDREN'S PLACE INC NORTH EASTHAM, MA | EARLY LEARNING CENTER | $15,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JULENE AUGUSTA | TRUSTEE | — | — |
| HOLLY HARNEY | TRUSTEE | — | — |
| MICHAEL J PUZO | TRUSTEE | 1 | $76,618 |
| SAMUEL A LORUSSO | TRUSTEE | — | — |
| PAUL LORUSSO | TRUSTEE | — | — |
Recent News & Activity
Recent developments and announcements
The foundation has been active in supporting Cape Cod institutions and communities, with documented involvement in major healthcare and educational initiatives in the region.
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Lyndon Paul Lorusso Charitable Foundatio fund?
The foundation supports charitable organizations through grants that reflect the spirit and values of the Lorusso family. Primary funding interests include: • Health care service delivery • Educational opportunities, including scholarships for students pursuing higher or continuing education • Programs supporting youth, with particular emphasis on economically disadvantaged youth and youth with physical or developmental disabilities • Hunger relief • Programs in support of Veterans • Animal wel…
How do I apply for a grant from Lyndon Paul Lorusso Charitable Foundatio?
**Grant Types & Sizes:** • Grant sizes typically range from $5,000–$25,000 • Larger grants will be considered on a case-by-case basis based on demonstrated need, compelling requests, and organizational capacity • The foundation considers program and operating grants, as well as capital grants as needed • Challenge or matching grant requests are welcomed • Endowment requests are not considered **Eligibility:** Applicants must be tax-exempt organizations qualifying under Section 501(c)(3) of the …
Where does Lyndon Paul Lorusso Charitable Foundatio make grants?
The foundation gives preference to organizations located on Cape Cod, Massachusetts. However, the foundation will also consider off-Cape organizations that provide direct services to Cape Cod communities.
What size grants does Lyndon Paul Lorusso Charitable Foundatio award?
In 2024, Lyndon Paul Lorusso Charitable Foundatio awarded 55 grants totaling $1.4M — an average of about $26K per grant, based on its IRS Form 990 filings.
How much is Lyndon Paul Lorusso Charitable Foundatio required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Lyndon Paul Lorusso Charitable Foundatio reported a distributable amount of $1.6M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Lyndon Paul Lorusso Charitable Foundatio's EIN?
Lyndon Paul Lorusso Charitable Foundatio's EIN (Employer Identification Number) is 54-2082336. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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