Wescustogo Foundation

CAPTIVA, FL EIN: 20-3848164

Wescustogo Foundation is a private grantmaking foundation established in 2005 and based in Captiva, Florida. The foundation holds tax-exempt 501(c)(3) status and has been designated as a private grantmaking foundation since October 2006. The organization operates as a family foundation focused on philanthropic giving across multiple sectors.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$77.9M

+13.6% YoY

Annual Giving

$3.2M

+7.0% YoY

Grant Count

59

+3.5% YoY

Avg Grant Size

$54K

+3.3% YoY

Under IRS private-foundation payout rules, Wescustogo Foundation reported a distributable amount of $3.6M for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation has not publicly provided a formal mission statement. However, based on grant-making patterns, Wescustogo Foundation prioritizes funding in the following areas:

  • Education
  • Philanthropy, Voluntarism & Grantmaking
  • Human Services

Grantmaking

The foundation does not accept unsolicited applications.

Grant Range

$25,000

How to Apply

**

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Geographic Focus

Where this funder awards grants

Wescustogo Foundation primarily funds organizations in:

  • Maine
  • New York
  • Connecticut

Grant Distribution by State

7states

Cities

ArlingtonAtlantaAuburnBangorBathBelfastBrewerBrooklynBrunswickBucksportCaptree IslandCenter LovellDamariscottaDarienEdgecombFalmouthFarmingdaleFort MyersGeorgetownIthaca

Financial History

Multi-year comparison from IRS filings

Assets & Giving (2024):

  • Total assets: $77,935,347
  • Total giving: $3,177,092
  • Total expenses: $3.49M
  • Total liabilities: $0

Historical Trends:

  • 2023: $60.9M in assets, $2.8M in total giving, 56 grants
  • 2022: $73.4M in assets, $2.3M in total giving, 51 grants
  • 2021: $53.3M in assets, $1.9M in total giving, 45 grants
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$3M$5M$6M20202021202220232024
Metric202420232022
Total Assets$77,935,347$68,586,776$60,896,964
Revenue$4,920,157$4,053,914$3,859,088
Expenses$3,485,677$3,236,333$3,115,677
Qualifying Distributions$3,224,932$3,017,472$2,909,917
Net Investment Income$2,397,115$1,386,450$1,166,323
Distributable Amount$3,646,667$3,026,352$2,974,192

Giving Over Time

Total grant dollars and number of grants per year

$0$794K$2M$2M$3M45 grants202051 grants202156 grants202257 grants202359 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

MaineHealth$219KCharityvest Inc$200KNature Conservancy Inc$185KMercy Hospital$150KPortland Maine Symphony …$150KPortland Museum of Art$150KPreble Street$125KRiverkeeper Inc$110KCornell University$100KOriginal Music Workshop$100K

Grant Size Distribution

245 grants across all recorded years

158<$50K45$50–100K42$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include MaineHealth ($219,486), Charityvest Inc ($200,106), Nature Conservancy Inc ($185,000).

RecipientPurposeAmount
Association for Autism and Neurodiversity Inc Watertown, MAGeneral Support$50,000
Center for Contemporary Printmaking Norwalk, CTGeneral Support$12,500
Center for Maine Contemporary Art Rockland, MEGeneral Support$30,000
Charitable Foundation of the Islands Inc Sanibel, FLGeneral Support$20,000
Charityvest Inc Atlanta, GAWescustogo Spring Charity Fund$200,106
Citizens Campaign Fund for the Environment Farmingdale, NYGeneral Support$25,000
Clinic for the Rehabilitation of Wildlife Inc Sanibel, FLGeneral Support$10,000
Coastal Rivers Conservation Trust Damariscotta, MEGeneral Support$20,000
Cornell University Ithaca, NYWomen's Health Initiative$100,000
Ding Darling Wildlife Society Sanibel, FLGeneral Support$60,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Robert S NanovicPresident1
Kathryn M Nanovic-MorletTreasurer1
Rebecca E LinSecretary1
Elizabeth E NanovicDirector1
Robert T NanovicDirector1
Emmanuel MorletDirector1
Anne NanovicDirector1

Contact Information

Address: 1644 Lands End Village Captiva, FL 33924

Telephone: 917-733-1883

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What does Wescustogo Foundation fund?

The foundation has not publicly provided a formal mission statement. However, based on grant-making patterns, Wescustogo Foundation prioritizes funding in the following areas: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services

How do I apply for a grant from Wescustogo Foundation?

**Grant Activity:** • Total giving in 2024: $3,177,092 • Number of grants awarded in 2024: 57 • Median grant size: $25,000 • Grant range: $5,000–$219,486 **Recent Grant Recipients (2023):** • MaineHealth: $200,000 (Vector-Borne Disease Lab, Learning Collaborative, and General Operations) • Nature Conservancy Inc: $185,000 (Appalachian Corridor Project and TNC Florida) • Portland Museum of Art: $175,000 (General Support) • Mercy Hospital: $162,000 (McAuley House, Pediatric Behavioral Health, and…

Where does Wescustogo Foundation make grants?

Wescustogo Foundation primarily funds organizations in: • Maine • New York • Connecticut

What size grants does Wescustogo Foundation award?

In 2024, Wescustogo Foundation awarded 59 grants totaling $3.2M — an average of about $54K per grant, based on its IRS Form 990 filings.

How much is Wescustogo Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Wescustogo Foundation reported a distributable amount of $3.6M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Wescustogo Foundation's EIN?

Wescustogo Foundation's EIN (Employer Identification Number) is 20-3848164. IRS Form 990 filing data is available on this page for 2020–2024.

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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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