Trustees of the New Castle Common logo

Trustees of the New Castle Common

Foundation · Grantmaker New Castle, DE EIN: 51-0100699 Website

To preserve and enhance the assets of tncc for the benefit of the inhabitants of new castle.

Key facts about Trustees of the New Castle Common

In short: Trustees of the New Castle Common gave $480K across 5 grants in 2025 (avg $96K), mostly in Delaware. Source: 2025 IRS Form 990 filing.

EIN
51-0100699
Latest 990 filing
Form 990 filing, 2025
Annual giving (2025)
$480,059
Grants made (2025)
5
Average grant
$96,012
Median grant
$60,000
Total assets
$19,669,402
Primary geography
Delaware (100% of itemized 2025 grant dollars)
Next open deadline
December 31, 2026 (Community Grants)

Data from IRS Form 990 filing, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990 filing · View filing

Total Assets

$19.7M

+6.2% YoY

Annual Giving

$480K

+1.9% YoY

Grant Count

5

+0.0% YoY

Avg Grant Size

$96K

+1.9% YoY

How Trustees of the New Castle Common gives

  • Giving held roughly steady from 2022 to 2025 (+4%). Method

From the foundation's IRS Form 990 filings. Methodology.

About Trustees of the New Castle Common

Based on IRS filings

Trustees of the New Castle Common is a nonprofit organization focused on Community Improvement & Capacity Building, based in New Castle, DE. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $19.7M in total assets. In 2025, it awarded 5 grants totaling $480K. Net investment income was $872K.

Open Grants

1 open opportunity from Trustees of the New Castle Common

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of all 5 itemized 2025 grant dollars.

States

Cities

New Castle

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K5 grants20215 grants20225 grants20235 grants20245 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2025

City of New Castle: $232KCity of New Castle$232KGoodwill Fire Company: $160KGoodwill Fire Company$160KNew Castle County Public Library: $60KNew Castle County PublicLibrary$60KNew Castle Senior Center: $18KNew Castle Senior Center$18KNew Castle Historical Society: $10KNew Castle Historical Society$10K

Grant Size Distribution

25 grants across all recorded years

10<$50K5$50–100K10$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
CITY OF NEW CASTLE New Castle, DETO PRESERVE AND ENHANCE THE ASSETS OF TNCC FOR THE BENEFIT OF THE INHABITANTS OF NEW CASTLE.$232,000
GOODWILL FIRE COMPANY New Castle, DETO PRESERVE AND ENHANCE THE ASSETS OF TNCC FOR THE BENEFIT OF THE INHABITANTS OF NEW CASTLE.$160,000
NEW CASTLE COUNTY PUBLIC LIBRARY New Castle, DETO PRESERVE AND ENHANCE THE ASSETS OF TNCC FOR THE BENEFIT OF THE INHABITANTS OF NEW CASTLE.$60,000
NEW CASTLE SENIOR CENTER New Castle, DETO PRESERVE AND ENHANCE THE ASSETS OF TNCC FOR THE BENEFIT OF THE INHABITANTS OF NEW CASTLE.$18,000
NEW CASTLE HISTORICAL SOCIETY New Castle, DETO PRESERVE AND ENHANCE THE ASSETS OF TNCC FOR THE BENEFIT OF THE INHABITANTS OF NEW CASTLE.$10,059

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$4M$6M20212022202320242025
Metric202520242023
Total Assets$19,669,402$18,524,486$17,513,772
Revenue$4,227,831$3,892,202$3,057,567
Expenses$3,182,097$3,028,523$2,944,578
Qualifying Distributions———
Net Investment Income$872,094$619,546$-66,841
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2021–2025

Leadership & Key People

Officers and directors from IRS filings

Trustees of the New Castle Common is led by Christopher Deascanis, President since 2024 (on filings since 2021); none of the 13 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Christopher Deascanis

    President

    Trustee → President, 2024

    On filings since 2021

    2.5 hrs/week

    No compensation reported

  • Gregory T. Yacucci

    Trustee

    Assistant Treasurer → Trustee, 2022

    On filings since 2021

    2.5 hrs/week

    No compensation reported

  • Peter J. Toner

    Trustee

    Trustee → President, 2022

    President → Trustee, 2024

    On filings since 2021

    2.5 hrs/week

    No compensation reported

  • Thomas A. Episcopo

    Trustee

    Assistant Secretary → Vice President, 2022

    Vice President → Trustee, 2024

    On filings since 2021

    2.5 hrs/week

    No compensation reported

  • Thomas H. Wilson Jr.

    Trustee

    On filings since 2021

    2.5 hrs/week

    No compensation reported

  • Thomas L. Clayton Sr.

    Trustee

    Vice President → Trustee, 2022

    On filings since 2021

    2.5 hrs/week

    No compensation reported

  • Marsha A. Corcoran

    Trustee

    On filings since 2024

    2.5 hrs/week

    No compensation reported

  • Regina S. Marini

    Trustee

    On filings since 2024

    2.5 hrs/week

    No compensation reported

  • Fred G. Gallagher Jr.

    Vice President

    President → Treasurer, 2022

    Treasurer → Vice President, 2024

    On filings since 2021

    2.5 hrs/week

    No compensation reported

  • Michael J. Alfree Sr.

    Secretary

    On filings since 2021

    2.5 hrs/week

    No compensation reported

  • David A. Baldini

    Treasurer

    Trustee → Treasurer, 2024

    On filings since 2022

    2.5 hrs/week

    No compensation reported

  • F. Deascanis

    Assistant Treasurer

    Trustee → Assistant Treasurer, 2024

    On filings since 2023

    2.5 hrs/week

    No compensation reported

  • Tina L. Masiello

    Assistant Secretary

    On filings since 2024

    2.5 hrs/week

    No compensation reported

Former officers (6)
  • Former: Christine Masiello (2022–2023) — Trustee
  • Former: Brenda W. Antonio (2021–2022) — Assistant Treasurer
  • Former: Christopher J. Castagno (2021–2022) — Past Treasurer
  • Former: Carlo F. Viola Jr. (2021) — Trustee
  • Former: Henry F. Gambacorta (2021) — Trustee
  • Former: James L. Meek (2021) — Trustee

Data from IRS Form 990 filings, 2021–2025. "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 Trustees of the New Castle Common

How much does Trustees of the New Castle Common give each year?

Trustees of the New Castle Common gave $480K across 5 grants in 2025, according to its 2025 IRS Form 990 filing. In 2024 it gave $471K across 5 grants.

What is Trustees of the New Castle Common's typical grant size?

Trustees of the New Castle Common's median grant in 2025 was $60,000, and its average grant was $96,012, across 5 grants on its 2025 IRS Form 990 filing.

Where does Trustees of the New Castle Common give grants?

Trustees of the New Castle Common gives mostly in Delaware: 100% of the grant dollars itemized on its 2025 IRS Form 990 filing went to recipients there. The most frequent recipient cities were New Castle, DE (5 grants).

Does Trustees of the New Castle Common give general operating support?

Not in 2025: none of the 5 grants with a stated purpose on Trustees of the New Castle Common's 2025 IRS Form 990 filing were described as general or operating support.

Who are Trustees of the New Castle Common's largest grantees?

Trustees of the New Castle Common's largest 2025 grantees include City of New Castle ($232,000), Goodwill Fire Company ($160,000) and New Castle County Public Library ($60,000), according to its 2025 IRS Form 990 filing. Together they received 94% of its itemized 2025 grant dollars.

How large is Trustees of the New Castle Common?

Trustees of the New Castle Common reported $19.7M in total assets on its 2025 IRS Form 990 filing. Its revenue that year was $4.2M.

What is Trustees of the New Castle Common?

Trustees of the New Castle Common is a nonprofit organization focused on Community Improvement & Capacity Building, based in New Castle, DE. It holds $19.7M in total assets as of 2025.

What is Trustees of the New Castle Common's EIN?

Trustees of the New Castle Common's EIN (Employer Identification Number) is 51-0100699. IRS Form 990 filing data is available on this page for 2021–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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