Also known as: DBA MASCARO AUTOMOBILE MUSEUM
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Louis J Mascaro Foundation Inc. is a private corporation based in AUDUBON, PA. The foundation received its IRS ruling in 2018. The principal officer is Thomas D Sassaman. It holds total assets of $46.7M. Annual income is reported at $1.4M. Total assets have grown from $2.3M in 2019 to $45.6M in 2023. The foundation is governed by 1 officer or trustee. 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 2023. According to available records, Louis J Mascaro Foundation Inc. has made 1 grants totaling $900K, with a median grant of $900K. Grant recipients are concentrated in Pennsylvania. Contributions to this foundation are tax-deductible.
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.
Louis J Mascaro Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 1 grants. Its grantmaking reaches organizations primarily in PA.
Louis J Mascaro Foundation Inc. has distributed a total of $900K across 1 grants. The median grant size is $900K, with an average of $900K. Individual grants have ranged from $900K to $900K.
Louis J Mascaro Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Louis J Mascaro Foundation Inc. is headquartered in AUDUBON, PA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Louis J Mascaro | TRUSTEE | $0 | $0 | N/A |
Total Giving
$1.3M
Total Assets
$45.6M
Fair Market Value
$45.6M
Net Worth
$45.6M
Grants Paid
$900K
Contributions
$42.2M
Net Investment Income
N/A
Distribution Amount
$169K
Total Grants
1
Total Giving
$900K
Average Grant
$900K
Median Grant
$900K
Unique Recipients
1
Most Common Grant
$900K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| New Life Youth And Family ServicesTO CONTINUE CHARITABLE PURPOSE OF ORGANIZATION. | Fort Washington, PA | $900K | 2023 |
WEST CONSHOHOCKEN, PA
LIGONIER, PA
PITTSBURGH, PA