Monasse Foundation

WILMINGTON, DE EIN: 27-1961452

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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Cities

AtlantaBostonBrooklynCincinnatiDecaturLong Island CityNew YorkSacramentoStaten Island

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$197K$393K$590K$786K20202021
Metric20212020
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

$0$176K$353K$529K$705K14 grants20204 grants2021

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2021

FIDELITY INVESTMENTS CHA…$693KROBERT W WOODRUFF ARTS C…$10KMAPLE STREET SCHOOL$2KFIDELITY INVESTMENTS CHA…$7

Grant Size Distribution

18 grants across all recorded years

17<$50K$50–100K$100–250K$250–500K1$500K–1M$1–5M$5M+

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).

RecipientPurposeAmount
FIDELITY INVESTMENTS CHARITABLE GIFT FUND CINCINNATI, OHPierrette Scanavino Family Fund$7
FIDELITY INVESTMENTS CHARITABLE GIFT FUND BOSTON, MAPierrette Scanavino Family Fund (see attached general explanation)$693,263
MAPLE STREET SCHOOL BROOKLYN, NYGeneral & Unrestricted$2,000
ROBERT W WOODRUFF ARTS CENTER INC - ATLANTA SYM ATLANTA, GAYouth Education and Orchestra Program$10,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2021 IRS filing

From 2021 filing

NameTitleHoursCompensation
Pierrette M ScanavinoPres, Dir, Sec1

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.

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