Picabu Foundation
Preselected recipients only
Picabu Foundation is a private foundation in Wilmington, Delaware. In tax year 2024 it gave $43,100 in 5 grants; the typical grant was $3,000 and the largest $30,100. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$43,100
- Number of grants5
- Typical grant$3,000
- Largest grant$30,100
- Assets$1.6 million
- New grantees60%
Giving in 2024 was down from $78,610 the year before.
60% of its 2024 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $78,610 | 4 | $1.5 million |
| 2024 | $43,100 | 5 | $1.6 million |
How to apply
Picabu 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 Picabu Foundation funds
Where it gives
Its grants went to recipients in 4 states, the most to New York.
| State | Grants | Amount |
|---|---|---|
| New York | 1 | $30,100 |
| Massachusetts | 2 | $5,000 |
| Connecticut | 1 | $5,000 |
| Illinois | 1 | $3,000 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| Rockhouse Foundation | General & Unrestricted | $30,100 |
| The Multiple Myeloma Research Foundation Inc | General & Unrestricted | $5,000 |
| Lungevity Foundation | General & Unrestricted | $3,000 |
| Groton School | General & Unrestricted | $2,500 |
| Trustees of Tufts College | Cummings School of Veterinary Medicine/Foster Hospital for Small Animals Fund | $2,500 |
Officers and trustees
- Jumana Abu-Ghazaleh
- Peter Picard
Questions people ask
Does Picabu Foundation accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Picabu Foundation give?
$43,100 in tax year 2024, across 5 grants, with a typical grant of $3,000.
Who runs Picabu Foundation?
Its 2024 filing lists Jumana Abu-Ghazaleh (Dir, Sec, Treas) and Peter Picard (Dir, Pres).
What does Picabu Foundation fund?
Based on its grants, mainly education.