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Lone Pine Foundation is a private corporation based in HOUSTON, TX. The foundation received its IRS ruling in 2000. The principal officer is Jacques H Passino Jr. It holds total assets of $105K. Annual income is reported at $33K. Total assets have decreased from $613K in 2011 to $105K in 2024. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2015 to 2024. According to available records, Lone Pine Foundation has made 7 grants totaling $27K, with a median grant of $5K. Annual giving has grown from $11K in 2021 to $16K in 2022. Individual grants have ranged from $1K to $5K, with an average award of $4K. The foundation has supported 5 unique organizations. The foundation primarily supports organizations in Mississippi, North Carolina, Michigan, which account for 71% of all grants. Grantmaking reaches organizations across 4 states.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Lone Pine Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 7 grants. Its grantmaking reaches organizations primarily in MS, NC, MI.
Lone Pine Foundation has distributed a total of $27K across 7 grants. The median grant size is $5K, with an average of $4K. Individual grants have ranged from $1K to $5K.
Lone Pine Foundation typically selects its grantees rather than accepting unsolicited proposals.
Lone Pine Foundation is headquartered in HOUSTON, TX. While based in TX, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jacque H Passino Jr | PRESIDENT, TREASURER | $0 | $0 | N/A |
| Paul C Passino | SECRETARY | $0 | $0 | N/A |
| Jacque G Passino | DIRECTOR | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$105K
Fair Market Value
N/A
Net Worth
$105K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
7
Total Giving
$27K
Average Grant
$4K
Median Grant
$5K
Unique Recipients
5
Most Common Grant
$5K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Duke UniversityGENERAL OPERATING SUPPORT | Durham, NC | $5K | 2022 |
| University Of Mississippi FoundationGENERAL OPERATING SUPPORT | Oxford, MS | $5K | 2022 |
| Michigan Rugby FoundationGENERAL OPERATING SUPPORT | Ann Arbor, MI | $5K | 2022 |
| Ymca Storer CampsGENERAL OPERATING SUPPORT | Sylvania, OH | $1K | 2022 |
| Ole Miss Athletics FoundationGENERAL OPERATING SUPPORT | Oxford, MS | $5K | 2021 |