The Severus Foundation Corp
The Severus Foundation Corp is a private foundation located in Kingston, New York. It reported 19 grants totaling $309,000 in 2024, supporting charitable organizations including a river-protection organization, a university foundation, and a touring theatre.
The Severus Foundation Corp at a glance
In short: The Severus Foundation Corp gave $309K across 19 grants in 2024 (avg $16K), top state Florida. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $309,000
- +66.1% vs 2023
- Grants made (2024)
- 19
- +137.5% vs 2023
- Average grant
- $16,263
- -30.1% vs 2023
- Median grant
- $5,000
- Total assets
- $698,829
- +422.7% vs 2023
- Primary geography
- Florida (39% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026.
How to apply to The Severus Foundation Corp
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: C/O Flynn Cpa - 45 Pine Grove Ave 2, Kingston, NY 12401
Phone: (845) 340-7999
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who The Severus Foundation Corp funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Calusa Waterkeeper ($120K). Together the top 10 received $271K.
Grant Size Distribution
77 grants across all recorded years
The most common grant size was under $50K: 71 grants of 77 (92%).
Geographic Focus
Where this funder awards grants
Reported 2024 grant dollars went to recipients in Florida (39%), Massachusetts (21%), Illinois (13%), Rhode Island (11%), and New York (7%).
Grant Distribution by State
Share of 2024 grant dollars across all 19 itemized grants.
States
Cities
How The Severus Foundation Corp gives
- 32% of 2024 grantees were also funded in 2023. Method
- Giving grew 158% from 2021 to 2024. Method
- In 2022 it paid out well above its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $120K (2021) to $309K (2024). In 2024 it made 19 grants totaling $309K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Calusa Waterkeeper Ft Myers, FL | Unrestricted | $120,000 |
| Bridgewater State University Founda Bridgewater, MA | Unrestricted | $45,000 |
| Child's Play Touring Theatre Chicago, IL | Unrestricted | $40,000 |
| Heart Productions Inc Oxnard, CA | Unrestricted | $12,500 |
| Meteor Films Inc New York, NY | Unrestricted | $12,500 |
| Clinica Esperanza Providence, RI | Unrestricted | $10,000 |
| Dorcas International Providence, RI | Unrestricted | $10,000 |
| Hope House Dover, NJ | Unrestricted | $10,000 |
| Highfiled Hall Garden Falmouth, MA | Unrestricted | $6,000 |
| Providence Community Library Providence, RI | Unrestricted | $5,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $698,829 | $879,774 | $314,640 | $309,000 | 19 | $309,000 | — | — |
| 2023 | $133,695 | $237,150 | $191,532 | $186,000 | 8 | $186,000 | — | — |
| 2022 | $88,077 | $46,763 | $156,391 | $145,000 | 6 | $145,000 | $125 | $7,890 |
| 2021 | $197,705 | $258,217 | $126,034 | $120,000 | 2 | $121,500 | — | $8,207 |
| 2020 | $65,522 | — | $153,079 | $152,544 | 42 | — | — | — |
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2024 grants went to organizations with varied purposes. Calusa Waterkeeper describes its mission as protecting and restoring the Caloosahatchee River from Lake Okeechobee to coastal waters. The Marine Biological Laboratory describes itself as a center for biological discovery and training, with research conducted by faculty and visiting scientists.
Grantmaking
In 2024, the foundation reported 19 grants totaling $309,000. Grant amounts ranged from $2,500 to $120,000, with a median of $5,000. Notable grants included $120,000 to Calusa Waterkeeper, $45,000 to Bridgewater State University Foundation, $40,000 to Child’s Play Touring Theatre, and $12,500 each to Heart Productions and Meteor Films. The foundation also gave $5,000 to the Marine Biological Laboratory in 2024. The listed largest grants were designated unrestricted.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists David Laties as president, Andrew Laties as secretary, and Nancy Feresten as treasurer.
The Severus Foundation Corp is led by David Laties, President on every filing since 2020; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
David Laties
President
On filings since 2020
1 hr/week
No compensation reported
Andrew Laties
Secretary
On filings since 2020
0.3 hrs/week
No compensation reported
Nancy Feresten
Treasurer
On filings since 2020
0.3 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about The Severus Foundation Corp
How much does The Severus Foundation Corp give each year?
The Severus Foundation Corp gave $309K across 19 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $186K across 8 grants.
What is The Severus Foundation Corp's typical grant size?
The Severus Foundation Corp's median grant in 2024 was $5,000, and its average grant was $16,263, across 19 grants on its 2024 IRS Form 990-PF.
Where does The Severus Foundation Corp give grants?
The Severus Foundation Corp's top state is Florida, with 39% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were Massachusetts (21%) and Illinois (13%). The most frequent recipient cities were Providence, RI (4 grants) and Falmouth, MA (2 grants).
Does The Severus Foundation Corp give general operating support?
Yes: 100% of The Severus Foundation Corp's 2024 grants with a stated purpose (19 of 19) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are The Severus Foundation Corp's largest grantees?
The Severus Foundation Corp's largest 2024 grantees include Calusa Waterkeeper ($120,000), Bridgewater State University Founda ($45,000) and Child's Play Touring Theatre ($40,000), according to its 2024 IRS Form 990-PF. Together they received 66% of its itemized 2024 grant dollars.
How large is The Severus Foundation Corp?
The Severus Foundation Corp reported $699K in total assets on its 2024 IRS Form 990-PF. Its revenue that year was $880K.
What does The Severus Foundation Corp fund?
No mission statement for the foundation is provided. Its 2024 grants went to organizations with varied purposes. Calusa Waterkeeper describes its mission as protecting and restoring the Caloosahatchee River from Lake Okeechobee to coastal waters. See mission & focus areas ↑
How do I apply for a grant from The Severus Foundation Corp?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is The Severus Foundation Corp's EIN?
The Severus Foundation Corp's EIN (Employer Identification Number) is 47-5467905. IRS Form 990 filing data is available on this page for 2020–2024.
Does The Severus Foundation Corp accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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Cite this profile
Grantable. (2026). The Severus Foundation Corp funder profile. GrantGraph. Retrieved October 13, 2026, from https://grantable.co/funders/the-severus-foundation-corp-morg_6b2b45da261c44f6b1d1f7d9ac9e9997
BibTeX
@misc{grantable_475467905_2026,
author = {{Grantable}},
title = {{The Severus Foundation Corp funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/the-severus-foundation-corp-morg_6b2b45da261c44f6b1d1f7d9ac9e9997},
note = {Accessed 2026-10-13. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from The Severus Foundation Corp's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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