The Picard Family Foundation is a private grantmaking foundation based in Wilmington, Delaware. Established in 2017, it operates as a 501(c)(3) organization with no employees. The foundation is primarily funded by general and unrestricted grants for humanity and maintains a focus on educational and philanthropic initiatives.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.2M
-0.3% YoY
Annual Giving
$129K
-95.8% YoY
Grant Count
7
+133.3% YoY
Avg Grant Size
$18K
-98.2% YoY
Under IRS private-foundation payout rules, The Picard Family Foundation reported a distributable amount of $74K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's primary focus areas include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
The foundation provides general and unrestricted grants to support its mission.
Grantmaking
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Geographic Focus
Where this funder awards grants
The foundation's grant-making activities are primarily concentrated in Washington and Texas.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of December 2024:
- Total assets: $1,242,694
- Total revenues: $159,823
- Total expenses: $163,651
- Investment income and dividends: $32,223
- Net gain from sale of non-inventory assets: $127,600
As of December 2023:
- Total assets: $1,242,694
- Total revenues: $112,000
- Total expenses: $3,120,000
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,242,694 | $1,246,522 | $3,814,589 |
| Revenue | $159,823 | $111,858 | $315,586 |
| Expenses | $163,651 | $3,121,537 | $232,624 |
| Qualifying Distributions | $140,697 | $30,582 | $157,983 |
| Net Investment Income | $137,869 | $84,110 | $245,845 |
| Distributable Amount | $73,852 | $140,359 | $202,777 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
59 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Odea High School ($50,000), Baylor University ($40,000), Villa Academy ($15,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BAYLOR UNIVERSITY WACO, TX | General & Unrestricted | $40,000 |
| NORTHWEST SYMPHONY ORCHESTRA SEATTLE, WA | General & Unrestricted | $7,500 |
| ODEA HIGH SCHOOL SEATTLE, WA | General & Unrestricted | $50,000 |
| THE HEALING CENTER SEATTLE, WA | General & Unrestricted | $5,000 |
| VILLA ACADEMY SEATTLE, WA | General & Unrestricted | $15,000 |
| WATTS FOUNDATION SEATTLE, WA | General & Unrestricted | $10,000 |
| WILD TERRA FOUNDATION SEATTLE, WA | General & Unrestricted | $1,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Alexandra Picard | Dir, Pres, Treas | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does The Picard Family Foundation fund?
The foundation's primary focus areas include: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services The foundation provides general and unrestricted grants to support its mission.
How do I apply for a grant from The Picard Family Foundation?
**Recent Grant Activity (2024):** • Odea High School: $50,000 • Baylor University: $40,000 • Villa Academy: $15,000 • Additional grants made in 2024 (23 total grants) **Grant Characteristics:** • Typical award range: $1,500–$1,620,575 • Grant type: General and unrestricted funding • Total giving (2024): $129,000
Where does The Picard Family Foundation make grants?
The foundation's grant-making activities are primarily concentrated in Washington and Texas.
What size grants does The Picard Family Foundation award?
In 2024, The Picard Family Foundation awarded 7 grants totaling $129K — an average of about $18K per grant, based on its IRS Form 990 filings.
How much is The Picard Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Picard Family Foundation reported a distributable amount of $74K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Picard Family Foundation's EIN?
The Picard Family Foundation's EIN (Employer Identification Number) is 81-4548446. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Picard Family Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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