Monasse Foundation
Monasse Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2021. In 2021, it awarded 4 grants totaling $705K. Net investment income was $89K.
Financial Overview
From 2021 IRS Form 990-PF · View filing
Total Assets
—
-100.0% YoY
Annual Giving
$705K
+1360.2% YoY
Grant Count
4
-71.4% YoY
Avg Grant Size
$176K
+5010.7% YoY
Under IRS private-foundation payout rules, Monasse Foundation reported a distributable amount of $5K for 2021 — the minimum it must pay out in qualifying distributions.
About Monasse Foundation
Based on IRS filings
Monasse Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2021. In 2021, it awarded 4 grants totaling $705K. Net investment income was $89K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2021 | 2020 |
|---|---|---|
| Total Assets | — | $579,704 |
| Revenue | $90,033 | $21,646 |
| Expenses | $714,894 | $58,225 |
| Qualifying Distributions | $712,394 | — |
| Net Investment Income | $89,033 | $18,822 |
| Distributable Amount | $4,649 | $31,937 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2021
Grant Size Distribution
18 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2021 grants, the largest include Fidelity Investments Charitable Gift Fund ($693,263), Robert W Woodruff Arts Center Inc - Atlanta Sym ($10,000), Maple Street School ($2,000).
| Recipient | Purpose | Amount |
|---|---|---|
| FIDELITY INVESTMENTS CHARITABLE GIFT FUND CINCINNATI, OH | Pierrette Scanavino Family Fund | $7 |
| FIDELITY INVESTMENTS CHARITABLE GIFT FUND BOSTON, MA | Pierrette Scanavino Family Fund (see attached general explanation) | $693,263 |
| MAPLE STREET SCHOOL BROOKLYN, NY | General & Unrestricted | $2,000 |
| ROBERT W WOODRUFF ARTS CENTER INC - ATLANTA SYM ATLANTA, GA | Youth Education and Orchestra Program | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2021 IRS filing
From 2021 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Pierrette M Scanavino | Pres, Dir, Sec | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Monasse Foundation?
Monasse Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. It holds — in total assets as of 2021.
Where does Monasse Foundation operate?
Monasse Foundation has awarded grants in California, Georgia, Massachusetts, New York, Ohio.
What size grants does Monasse Foundation award?
In 2021, Monasse Foundation awarded 4 grants totaling $705K — an average of about $176K per grant, based on its IRS Form 990 filings.
How much is Monasse Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2021, Monasse Foundation reported a distributable amount of $5K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Monasse Foundation's EIN?
Monasse Foundation's EIN (Employer Identification Number) is 27-1961452. IRS Form 990 filing data is available on this page for 2020–2021.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.