Sagacity Foundation

WILMINGTON, DE EIN: 82-3789212

Sagacity Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $346K in total assets. In 2024, it awarded 5 grants totaling $7K. Net investment income was $13K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$346K

-1.3% YoY

Annual Giving

$7K

-29.3% YoY

Grant Count

5

+66.7% YoY

Avg Grant Size

$1K

-57.6% YoY

Under IRS private-foundation payout rules, Sagacity Foundation reported a distributable amount of $19K for 2024 — the minimum it must pay out in qualifying distributions.

About Sagacity Foundation

Based on IRS filings

Sagacity Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $346K in total assets. In 2024, it awarded 5 grants totaling $7K. Net investment income was $13K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

Cape CoralFort MyersLapeerPompano BeachSterling Hts

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$7K$13K$20K$27K20202021202220232024
Metric202420232022
Total Assets$345,988$350,693$359,126
Revenue$17,694$13,824$6,956
Expenses$22,399$22,257$22,561
Qualifying Distributions$18,153$18,567$18,559
Net Investment Income$13,448$10,134$4,791
Distributable Amount$19,027$17,914$18,651

Giving Over Time

Total grant dollars and number of grants per year

$0$3K$6K$9K$12K0 grants20204 grants20214 grants20223 grants20235 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

LAKESIDE BIBLE CHAPEL$2KCHABAD OF CAPE CORAL INC$2KHARRY CHAPIN FOOD BANK O…$2KISLAMIC CENTER OF SOUTH …$1KSTONE SOUP FOOD BANK$1K

Grant Size Distribution

16 grants across all recorded years

16<$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 Lakeside Bible Chapel ($2,000), Chabad of Cape Coral Inc ($1,500), Harry Chapin Food Bank of Southwest Florida Inc ($1,500).

RecipientPurposeAmount
CHABAD OF CAPE CORAL INC CAPE CORAL, FLGeneral & Unrestricted$1,500
HARRY CHAPIN FOOD BANK OF SOUTHWEST FLORIDA INC FORT MYERS, FLGeneral & Unrestricted$1,500
ISLAMIC CENTER OF SOUTH FLORIDA INC POMPANO BEACH, FLGeneral & Unrestricted$1,000
LAKESIDE BIBLE CHAPEL STERLING HTS, MIGeneral & Unrestricted$2,000
STONE SOUP FOOD BANK LAPEER, MIGeneral & Unrestricted$1,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Jean-Pierre RasaiahDir, Pres, Sec, Treas1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Sagacity Foundation?

Sagacity Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. It holds $346K in total assets as of 2024.

How large is Sagacity Foundation?

As of 2024, Sagacity Foundation holds $346K in total assets with $18K in annual revenue. It awarded 5 grants totaling $7K in 2024.

Where does Sagacity Foundation operate?

Sagacity Foundation has awarded grants in Florida, Michigan.

What size grants does Sagacity Foundation award?

In 2024, Sagacity Foundation awarded 5 grants totaling $7K — an average of about $1K per grant, based on its IRS Form 990 filings.

How much is Sagacity Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Sagacity Foundation reported a distributable amount of $19K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Sagacity Foundation's EIN?

Sagacity Foundation's EIN (Employer Identification Number) is 82-3789212. 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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