The Pasculano Foundation is a private family foundation established in Delaware in 2008 and granted tax-exempt status in April 2008. Based in Cape Elizabeth, Maine, the foundation operates as a 501(c)(3) charitable organization focused on philanthropic grantmaking.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$21.3M
+24.2% YoY
Annual Giving
$3.0M
+21.6% YoY
Grant Count
21
-19.2% YoY
Avg Grant Size
$145K
+50.5% YoY
Mission & Focus Areas
The foundation's primary funding interests include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
Grantmaking
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Geographic Focus
Where this funder awards grants
The foundation primarily supports organizations in:
- Massachusetts
- New York
- Maine
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total Assets: $21,251,010
- Total Giving: $3,045,000
- Revenue: $7,482,398
- Expenses: $3,337,457
- Net Income: $4,144,941
- Total Liabilities: $0
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $21,251,010 | $17,106,069 | $18,285,832 |
| Revenue | $7,482,398 | $1,574,624 | $1,038,328 |
| Expenses | $3,337,457 | $2,754,387 | $1,352,123 |
| Qualifying Distributions | $3,129,098 | $2,604,673 | $1,178,167 |
| Net Investment Income | $1,309,039 | $1,444,910 | $872,372 |
| Distributable Amount | $1,332,765 | $915,535 | $1,034,271 |
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
84 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Founders/Donors: Lynne and Richard Pasculano are identified as local residents and donors associated with the foundation.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RICHARD PASCULANO | TRUSTEE | 1 | — |
| LYNNE PASCULANO | TRUSTEE | 1 | — |
| MARK PASCULANO | CO-PRESIDENT | 1 | — |
| SUZANNE MCGINN | CO-PRESIDENT | 1 | — |
Recent News & Activity
Recent developments and announcements
In March 2025, Lynne and Richard Pasculano announced a $5 million endowment gift to Greenwich Library in Connecticut to support the library's Signature Series programming. The gift established the Lynne and Richard Pasculano Signature Series program, which features four headline events annually showcasing speakers and thought leaders addressing topics of global significance.
Pasculano family donates $5M to expand Greenwich Library speaker series -Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
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—
United Way of Tri Vally Area
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Total Given
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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