Mary A & Thomas F Grasselli Endowment

WILMINGTON, DE EIN: 51-6018870

Mary A & Thomas F Grasselli Endowment is a private foundation, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.3M in total assets. In 2024, it awarded 18 grants totaling $92K. Net investment income was $101K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.3M

-0.5% YoY

Annual Giving

$92K

+2.2% YoY

Grant Count

18

+5.9% YoY

Avg Grant Size

$5K

-3.5% YoY

Under IRS private-foundation payout rules, Mary A & Thomas F Grasselli Endowment reported a distributable amount of $119K for 2024 — the minimum it must pay out in qualifying distributions.

About Mary A & Thomas F Grasselli Endowment

Based on IRS filings

Mary A & Thomas F Grasselli Endowment is a private foundation, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.3M in total assets. In 2024, it awarded 18 grants totaling $92K. Net investment income was $101K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

7states

Cities

AustinBronxChula VistaClevelandDallasDeerfieldFairfieldHoustonIthacaNew HavenNew YorkNorthamptonPoughkeepsieSummitW Lake HillsYarmouth Port

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$56K$112K$168K$224K20202021202220232024
Metric202420232022
Total Assets$1,264,342$1,270,194$1,380,520
Revenue$131,006$23,372$100,473
Expenses$136,858$133,698$151,172
Qualifying Distributions$106,614$108,687$124,373
Net Investment Income$100,962$26,366$74,238
Distributable Amount$119,128$106,811$108,869

Giving Over Time

Total grant dollars and number of grants per year

$0$28K$55K$83K$110K19 grants202020 grants202123 grants202217 grants202318 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

STUDENT PARTNER ALLIANCE…$20KBUCKLEY SCHOOL IN THE CI…$10KEANES EDUCATION FOUNDATION$10KFRICK COLLECTION$10KCENTRAL TEXAS FOOD BANK …$5KMUSEUM OF FINE ARTS HOUS…$5KTRUSTEES OF DEERFIELD AC…$5KWESTLAKE UNITED METHODIS…$5KAUSTIN PETS ALIVE$3KEASTER SEALS OF GREATER …$3K

Grant Size Distribution

97 grants across all recorded years

97<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Student Partner Alliance a New Jersey Non-profit C ($20,000), Buckley School in the City of New York ($10,000), Eanes Education Foundation ($10,000).

RecipientPurposeAmount
AMERICAS FOUNDATION-FUNDACION DE LAS AMERICAS CHULA VISTA, CALa Esperanza schools Scholarship Fund$2,800
AUSTIN PETS ALIVE DALLAS, TXGeneral & Unrestricted$3,000
BARNARD COLLEGE NEW YORK, NYGeneral & Unrestricted$1,000
BUCKLEY SCHOOL IN THE CITY OF NEW YORK NEW YORK, NYGeneral & Unrestricted$10,000
CENTRAL TEXAS FOOD BANK INC AUSTIN, TXGeneral & Unrestricted$5,000
EANES EDUCATION FOUNDATION W LAKE HILLS, TXGeneral & Unrestricted$10,000
EASTER SEALS OF GREATER HOUSTON INC HOUSTON, TXGeneral & Unrestricted$3,000
FRICK COLLECTION NEW YORK, NYGeneral & Unrestricted$10,000
HOUSTON TENNIS ASSOCIATION INC HOUSTON, TXScholarships for undergraduate studies$3,000
HOUSTON ZOO INC HOUSTON, TXGeneral & Unrestricted$1,200

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Marya FowlerTrustee, Sec, Treas, VP1
Robert S FowlerTrustee1
Thomas G FowlerTrustee, Treas, VP1
William H Fowler IITrustee, Pres1
Mary Fowler LovejoyTrustee, Sec1

Frequently Asked Questions

How large is Mary A & Thomas F Grasselli Endowment?

As of 2024, Mary A & Thomas F Grasselli Endowment holds $1.3M in total assets with $131K in annual revenue. It awarded 18 grants totaling $92K in 2024.

Where does Mary A & Thomas F Grasselli Endowment operate?

Mary A & Thomas F Grasselli Endowment has awarded grants in California, Connecticut, Massachusetts, New Jersey, New York, Ohio, Texas.

What size grants does Mary A & Thomas F Grasselli Endowment award?

In 2024, Mary A & Thomas F Grasselli Endowment awarded 18 grants totaling $92K — an average of about $5K per grant, based on its IRS Form 990 filings.

How much is Mary A & Thomas F Grasselli Endowment required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Mary A & Thomas F Grasselli Endowment reported a distributable amount of $119K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Mary A & Thomas F Grasselli Endowment's EIN?

Mary A & Thomas F Grasselli Endowment's EIN (Employer Identification Number) is 51-6018870. IRS Form 990 filing data is available on this page for 2020–2024.

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

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