LY Spear Foundation
Preselected recipients only
LY Spear Foundation is a private foundation in Mystic, Connecticut. In tax year 2025 it gave $2,343 in 1 grant; the typical grant was $2,343 and the largest $2,343. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2025.
- Grants paid, 2025$2,343
- Number of grants1
- Typical grant$2,343
- Largest grant$2,343
- Assets$31,013
Giving in 2025 was down from $4,800 the year before.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $3,000 | 1 | $31,318 |
| 2024 | $4,800 | 1 | $28,101 |
| 2025 | $2,343 | 1 | $31,013 |
How to apply
LY Spear Foundation says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
What LY Spear Foundation funds
Where it gives
All of its grants went to recipients in Connecticut.
| State | Grants | Amount |
|---|---|---|
| Connecticut | 1 | $2,343 |
Grants paid in 2025
| Recipient | Purpose | Amount |
|---|---|---|
| US Naval Submarine School Graduates | Watches to honor graduates | $2,343 |
Officers and trustees
- RADM David M Goebel
- CAPT Thomas F Olson
- CAPT Emil Casciano
- CAPT Frederick R Haberlandt
- CAPT David M McCall
- CAPT Ray Gabriel
- CDR Gary W Kirkpatrick
Questions people ask
Does LY Spear Foundation accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does LY Spear Foundation give?
$2,343 in tax year 2025, across 1 grant, with a typical grant of $2,343.
Who runs LY Spear Foundation?
Its 2025 filing lists RADM David M Goebel (Trustee), CAPT Thomas F Olson (Trustee), CAPT Emil Casciano (Trustee) and CAPT Frederick R Haberlandt (Trustee) among 7 officers and trustees.
What does LY Spear Foundation fund?
Based on its grants, mainly education.