The Peter Joseph Cusano Foundation Inc
The Peter Joseph Cusano Foundation Inc is a private foundation, based in WHISPERING PINES, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $11K in total assets. In 2024, it awarded 3 grants totaling $15K. Net investment income was $9K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$11K
-34.8% YoY
Annual Giving
$15K
-2.7% YoY
Grant Count
3
-25.0% YoY
Avg Grant Size
$5K
+29.8% YoY
Under IRS private-foundation payout rules, The Peter Joseph Cusano Foundation Inc reported a distributable amount of $2K for 2024 — the minimum it must pay out in qualifying distributions.
About The Peter Joseph Cusano Foundation Inc
Based on IRS filings
The Peter Joseph Cusano Foundation Inc is a private foundation, based in WHISPERING PINES, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $11K in total assets. In 2024, it awarded 3 grants totaling $15K. Net investment income was $9K.
Ready to take the next step with The Peter Joseph Cusano Foundation Inc?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $10,887 | $16,692 | $27,688 |
| Revenue | $1,042 | $1,374 | $1,551 |
| Expenses | $15,727 | $16,147 | $14,222 |
| Qualifying Distributions | $14,650 | $15,050 | $12,775 |
| Net Investment Income | $8,880 | $3,777 | $11 |
| Distributable Amount | $1,505 | $2,182 | $2,822 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
19 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Sandhills Classical Christian Schoo ($7,500), Father Vincent Capodanno High Schoo ($5,200), St Bernard Mission School ($1,950).
| Recipient | Purpose | Amount |
|---|---|---|
| St Bernard Mission School Fort Yates, ND | Financial Asstto students | $1,950 |
| Sandhills Classical Christian Schoo Whispering Pines, NC | Financial Asstto students | $7,500 |
| Father Vincent Capodanno High Schoo Vass, NC | Financial Asstto students | $5,200 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KAREN E CUSANO | President | 1 | — |
| ANTOINETTE M CUSANO | VICE PRES | 1 | — |
Frequently Asked Questions
How large is The Peter Joseph Cusano Foundation Inc?
As of 2024, The Peter Joseph Cusano Foundation Inc holds $11K in total assets with $1K in annual revenue. It awarded 3 grants totaling $15K in 2024.
Where does The Peter Joseph Cusano Foundation Inc operate?
The Peter Joseph Cusano Foundation Inc has awarded grants in Illinois, North Carolina, North Dakota.
What size grants does The Peter Joseph Cusano Foundation Inc award?
In 2024, The Peter Joseph Cusano Foundation Inc awarded 3 grants totaling $15K — an average of about $5K per grant, based on its IRS Form 990 filings.
How much is The Peter Joseph Cusano Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Peter Joseph Cusano Foundation Inc reported a distributable amount of $2K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Peter Joseph Cusano Foundation Inc's EIN?
The Peter Joseph Cusano Foundation Inc's EIN (Employer Identification Number) is 56-1582389. 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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