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Wescustogo Foundation is a private corporation based in CAPTIVA, FL. The foundation received its IRS ruling in 2006. The principal officer is Robert S Nanovic. It holds total assets of $77.9M. Annual income is reported at $11.2M. Total assets have grown from $4.5M in 2011 to $68.6M in 2023. The foundation is governed by 7 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 2020 to 2023. The foundation primarily funds organizations in Maine, New York and Connecticut. According to available records, Wescustogo Foundation has made 208 grants totaling $9.8M, with a median grant of $25K. Annual giving has grown from $1.9M in 2020 to $5.6M in 2022. Individual grants have ranged from $5K to $199K, with an average award of $47K. The foundation has supported 59 unique organizations. The foundation primarily supports organizations in Maine, New York, Florida, which account for 83% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$25K
Average Grant
$42K
Largest Grant
$169K
Based on 45 grants from the most recent 990-PF filing.
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.
Wescustogo Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 208 grants. Its grantmaking reaches organizations primarily in ME, NY, FL.
Wescustogo Foundation has distributed a total of $9.8M across 208 grants. The median grant size is $25K, with an average of $47K. Individual grants have ranged from $5K to $199K.
Wescustogo Foundation typically selects its grantees rather than accepting unsolicited proposals.
Wescustogo Foundation is headquartered in CAPTIVA, FL. While based in FL, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Emmanuel Morlet | Director | $0 | $0 | N/A |
| Robert T Nanovic | Director | $0 | $0 | N/A |
| Anne Nanovic | Director | $0 | $0 | N/A |
| Robert S Nanovic | President | $0 | $0 | N/A |
| Kathryn M Nanovic-Morlet | Treasurer | $0 | $0 | N/A |
| Rebecca E Lin | Secretary | $0 | $0 | N/A |
| Elizabeth E Nanovic | Director | $0 | $0 | N/A |
Total Giving
$3.2M
Total Assets
$68.6M
Fair Market Value
$68.6M
Net Worth
$68.6M
Grants Paid
$3M
Contributions
$2.9M
Net Investment Income
$1.4M
Distribution Amount
$3M
Total Grants
208
Total Giving
$9.8M
Average Grant
$47K
Median Grant
$25K
Unique Recipients
59
Most Common Grant
$10K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| MainehealthGeneral Support | Portland, ME | $199K | 2022 |
| Sanibel-Captiva Conservation FoundationGeneral Support | Sanibel, FL | $184K | 2022 |
| Portland Museum Of ArtGeneral Support | Portland, ME | $174K | 2022 |
| Nature Conservancy IncGeneral Support | Arlington, VA | $169K | 2022 |
| Portland Maine Symphony OrchestraGeneral Support | Portland, ME | $149K | 2022 |
| Good Shepherd Food BankGeneral Support | Auburn, ME | $129K | 2022 |
| Preble StreetGeneral Support | Portland, ME | $124K | 2022 |
| West Side Center For Community Life IncGeneral Support | New York, NY | $109K | 2022 |
| Royal River Conservation TrustGeneral Support | Yarmouth, ME | $100K | 2022 |
| Mercy HospitalGeneral Support | Portland, ME | $100K | 2022 |
| Riverkeeper IncGeneral Support | Ossining, NY | $95K | 2022 |
| Ding Darling Wildlife SocietyGeneral Support | Sanibel, FL | $75K | 2022 |
| Fish Of Sanibel-Captiva IncGeneral Support | Sanibel, FL | $75K | 2022 |
| Lifeflight Of Maine LlcGeneral Support | Brewer, ME | $75K | 2022 |
| Wayside Food ProgramsGeneral Support | Portland, ME | $65K | 2022 |
| Olympia Snowe Women'S Leadership InstituteGeneral Support | Portland, ME | $53K | 2022 |
| Gulf Of Maine Research InstituteGeneral Support | Portland, ME | $50K | 2022 |
| New York Community TrustGeneral Support | New York, NY | $50K | 2022 |
| Original Music WorkshopGeneral Support | Brooklyn, NY | $50K | 2022 |
| Food Bank Of Lower Fairfield County IncGeneral Support | Stamford, CT | $50K | 2022 |
| Shed NycGeneral Support | New York, NY | $50K | 2022 |
| Midcoast ConservancyGeneral Support | Edgecomb, ME | $45K | 2022 |
| Seventh Regiment Armory ConservancyGeneral Support | New York, NY | $40K | 2022 |
| Kezar Lake AssociationGeneral Support | Lovell, ME | $36K | 2022 |
| Mid Coast Hunger Prevention ProgramGeneral Support | Brunswick, ME | $35K | 2022 |
| Person To Person IncGeneral Support | Darien, CT | $35K | 2022 |
WEST PALM BCH, FL
WEST PALM BCH, FL
POMPANO BEACH, FL