Monasse Foundation
Monasse Foundation is a private foundation, based in Wilmington, DE. IRS filing data is available from 2019 through 2021. In 2021, it awarded 4 grants totaling $705K. Net investment income was $89K.
Monasse Foundation at a glance
In short: Monasse Foundation gave $705K across 4 grants in 2021 (avg $176K), mostly in Massachusetts. Source: 2021 IRS Form 990-PF.
- Annual giving (2021)
- $705,270
- +1360.2% vs 2020
- Grants made (2021)
- 4
- -71.4% vs 2020
- Average grant
- $176,318
- +5010.7% vs 2020
- Median grant
- $6,000
- Primary geography
- Massachusetts (98% of itemized 2021 grant dollars)
- Latest 990 filing
- Form 990-PF, 2021 View filing
Data from IRS Form 990-PF, 2021; updated September 2026.
Who Monasse Foundation funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2021
The largest 2021 recipient was Fidelity Investments Charitable Gift Fund ($693K across 2 grants). Together the top 3 received $705K.
Grant Size Distribution
28 grants across all recorded years
The most common grant size was under $50K: 27 grants of 28 (96%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2021 grant dollars across all 4 itemized grants.
Cities
How Monasse Foundation gives
- In 2021 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2021, annual grant giving ranged from $48K (2020) to $705K (2021). In 2021 it made 4 grants totaling $705K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Fidelity Investments Charitable Gift Fund Boston, MA | Pierrette Scanavino Family Fund (see attached general explanation) | $693,263 |
| Robert W Woodruff Arts Center Inc - Atlanta SYM Atlanta, GA | Youth Education and Orchestra Program | $10,000 |
| Maple Street School Brooklyn, NY | General & Unrestricted | $2,000 |
| Fidelity Investments Charitable Gift Fund Cincinnati, OH | Pierrette Scanavino Family Fund | $7 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2021 | — | $90,033 | $714,894 | $705,270 | 4 | $712,394 | $89,033 | $4,649 |
| 2020 | $579,704 | $21,646 | $58,225 | $48,300 | 14 | — | $18,822 | $31,937 |
| 2019 | $616,283 | $25,760 | $66,400 | $56,000 | 10 | — | $22,765 | $33,801 |
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.
Leadership & Key People
Officers and directors from IRS filings
Monasse Foundation is led by Pierrette M Scanavino, President, Director & Secretary on every filing since 2019 — the only officer listed, and uncompensated.
Officers on the 2021 filing
Pierrette M Scanavino
President, Director & Secretary
On filings since 2019
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2019–2021. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Monasse Foundation
How much does Monasse Foundation give each year?
Monasse Foundation gave $705K across 4 grants in 2021, according to its 2021 IRS Form 990-PF. In 2020 it gave $48K across 14 grants.
What is Monasse Foundation's typical grant size?
Monasse Foundation's median grant in 2021 was $6,000, and its average grant was $176,318, across 4 grants on its 2021 IRS Form 990-PF.
Where does Monasse Foundation give grants?
Monasse Foundation gives mostly in Massachusetts: 98% of the grant dollars itemized on its 2021 IRS Form 990-PF went to recipients there.
Does Monasse Foundation give general operating support?
Yes: 50% of Monasse Foundation's 2021 grants with a stated purpose (2 of 4) were for general or operating support, per its 2021 IRS Form 990-PF.
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 2019–2021.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2019 (received by the IRS April 17, 2020)
- IRS filings on file for fiscal years 2020–2021
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