The Lagomarsino 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 $2.3M in total assets. In 2024, it awarded 59 grants totaling $67K. Net investment income was $133K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.3M
-5.8% YoY
Annual Giving
$67K
-20.6% YoY
Grant Count
59
-9.2% YoY
Avg Grant Size
$1K
-12.6% YoY
Under IRS private-foundation payout rules, The Lagomarsino Foundation reported a distributable amount of $140K for 2024 — the minimum it must pay out in qualifying distributions.
About The Lagomarsino Foundation
Based on IRS filings
The Lagomarsino 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 $2.3M in total assets. In 2024, it awarded 59 grants totaling $67K. Net investment income was $133K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,313,978 | $2,456,089 | $2,465,541 |
| Revenue | $13,660 | $161,358 | $76,091 |
| Expenses | $155,771 | $170,810 | $170,021 |
| Qualifying Distributions | $129,833 | $145,885 | $142,074 |
| Net Investment Income | $132,735 | $138,033 | $114,842 |
| Distributable Amount | $140,067 | $131,822 | $143,416 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Heifer Project International ($2,400), Covenant House Florida Inc ($2,200), Kids in Crisis Inc ($2,200).
| Recipient | Purpose | Amount |
|---|---|---|
| ACCESSIBLE COASTAL CAROLINA EVENTS SPORTS AND SERV WILMINGTON, NC | General & Unrestricted | $1,100 |
| AMERICAN BRAIN FOUNDATION MINNEAPOLIS, MN | General & Unrestricted | $1,700 |
| BASILICA SHRINE OF SAINT MARY WILMINGTON, NC | The Sister Isaac Center | $1,100 |
| BLESSINGS IN A BACKPACK INC LOUISVILLE, KY | General & Unrestricted | $400 |
| BOYS & GIRLS CLUBS OF SOUTHEASTERN WILMINGTON, NC | General & Unrestricted | $1,000 |
| BOYS AND GIRLS HOME OF NORTH CAROLINA INC LAKE WACCAMAW, NC | General & Unrestricted | $1,000 |
| CANINES FOR SERVICE INC WILMINGTON, NC | General & Unrestricted | $2,100 |
| CAPE FEAR LITERACY COUNCIL WILMINGTON, NC | General & Unrestricted | $1,000 |
| CATHOLIC CHARITIES OF THE DIOCESE OF PALM BEACH IN RIVIERA BEACH, FL | General & Unrestricted | $100 |
| CHILD FOUNDATION PORTLAND, OR | General & Unrestricted | $1,100 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Carlos Lagomarsino | Dir, Sec, Treas, Co- Pres | 5 | — |
| Rosanna Lagomarsino | COA, DIR, CO-PRES | 20 | $39,396 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Lagomarsino Foundation?
The Lagomarsino Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. It holds $2.3M in total assets as of 2024.
How large is The Lagomarsino Foundation?
As of 2024, The Lagomarsino Foundation holds $2.3M in total assets with $14K in annual revenue. It awarded 59 grants totaling $67K in 2024.
Where does The Lagomarsino Foundation operate?
The Lagomarsino Foundation has awarded grants in Arkansas, Arizona, California, Connecticut, District of Columbia, Florida, Georgia, Kentucky, Massachusetts, Maryland, Minnesota, Missouri, North Carolina, New York, Oregon, Rhode Island, South Carolina, Tennessee, Texas, Virginia, Washington.
What size grants does The Lagomarsino Foundation award?
In 2024, The Lagomarsino Foundation awarded 59 grants totaling $67K — an average of about $1K per grant, based on its IRS Form 990 filings.
How much is The Lagomarsino Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Lagomarsino Foundation reported a distributable amount of $140K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Lagomarsino Foundation's EIN?
The Lagomarsino Foundation's EIN (Employer Identification Number) is 46-4075749. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Lagomarsino Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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