Picabu Foundation | Foundation Profile

GrantBay analyzes IRS Form 990-PF data to help grant seekers find fit funders like Picabu Foundation. Data shown is extracted from Form 990-PF filings.

EIN: 87-2376384

Foundation Overview

Based in Wilmington, DE, Picabu Foundation has awarded 14 grants totaling $164,810 to organizations in Massachusetts, Illinois and 2 other states across the US. Individual grants range from $2,500 to $40,000, with a median award of $5,000.

Latest Tax Year
2024
Total Giving (all years)
$164,810
Total Assets
$1,553,181
Median Grant (all grants)
$5,000

Latest Form 990-PF Snapshot

Total Grants
10
Median Grant
$3,000
% Median Grant Decline
-82% (vs previous year)
Data extracted from IRS Form 990-PF filings. Last filing year: March 2026

Foundation Intelligence

Advanced analytics and strategic insights to help nonprofit organizations assess grant opportunities and optimize their application strategies

New Applicant Friendliness
Emerging Foundation: 60%

6 of 10 recipients (60%) were new grantees. Recent establishment means most partnerships are naturally new. Pattern may not reflect long-term preferences.

Geographic Focus
Massachusetts

Grants are geographically diversified with 29% in Massachusetts and funding distributed across 4 total locations. This foundation values broad geographic impact and diverse community partnerships. Within Massachusetts, funding concentrates in Groton (50%), Boston (50%).

Funding Trajectory
-45%

Declining funding trend with 45% decrease over 1 years may indicate reduced grant opportunities or shifting foundation priorities. This trajectory suggests more competitive application environment.

Program Areas
General Purposes + Healthcare

Dual focus on general purposes (67%) and healthcare, indicating strategic concentration in complementary program areas.

Where is The Money Going?

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Grants & Funding

Analyzing past grantees provides valuable insights into Picabu Foundation's funding preferences, organizational priorities, and grant making patterns. This historical data helps potential applicants understand the foundation's strategic focus and identify successful funding approaches.

Name Amount Location Purpose Year
Groton School $2,500 Groton, MA, US General & Unrestricted 2024
Lungevity Foundation $3,000 Chicago, IL, US General & Unrestricted 2024
Rockhouse Foundation $30,100 New York, NY, US General & Unrestricted 2024
The Multiple Myeloma Research Foundation Inc $5,000 Norwalk, CT, US General & Unrestricted 2024
Trustees Of Tufts College $2,500 Boston, MA, US Cummings School Of Veterinary Medicine/foster Hospital For Small Animals Fund 2024
Groton School $2,500 Groton, MA, US General & Unrestricted 2024
Lungevity Foundation $3,000 Chicago, IL, US General & Unrestricted 2024
Rockhouse Foundation $30,100 New York, NY, US General & Unrestricted 2024
The Multiple Myeloma Research Foundation Inc $5,000 Norwalk, CT, US General & Unrestricted 2024
Trustees Of Tufts College $2,500 Boston, MA, US Cummings School Of Veterinary Medicine/foster Hospital For Small Animals Fund 2024
Pivot For Humanity Inc $40,000 Norwalk, CT, US General & Unrestricted 2023
Rockhouse Foundation $23,610 New York, NY, US General & Unrestricted 2023
Shotgun Productions Inc $10,000 New York, NY, US "Act Two" 2023
The Multiple Myeloma Research Foundation Inc $5,000 Norwalk, CT, US General & Unrestricted 2023

Foundations Similar to Picabu Foundation

Discover 5 foundations with comparable assets ($1,548,886-$1,557,830), similar grant patterns, and geographic focus in DE that may also align with your organization's funding needs and grant seeking strategy.

Foundation Name Total Assets Typical Grant Size Service Area Similarity Match

EIN: 83-4133175 | 13 grants awarded
$1,553,741
(≈ Similar)
$10,000
median grant
Wilmington, DE
Same state
100%
Excellent match

EIN: 26-1208067 | 56 grants awarded
$1,553,985
(≈ Similar)
$9,000
median grant
Wilmington, DE
Same state
100%
Excellent match

EIN: 82-0632634 | 69 grants awarded
$1,551,340
(≈ Similar)
$4,000
median grant
Wilmington, DE
Same state
100%
Excellent match

EIN: 03-6047004 | 41 grants awarded
$1,548,886
(≈ Similar)
$8,980
median grant
Wilmington, DE
Same state
100%
Excellent match

EIN: 30-0946019 | 55 grants awarded
$1,557,830
(≈ Similar)
$7,000
median grant
Wilmington, DE
Same state
100%
Excellent match

Contact Information

Official contact details for Picabu Foundation as registered with the IRS. These details are essential for grant applications, correspondence, and due diligence processes.

EIN 87-2376384
Website N/A
Address FOUNDATION SOURCE 501 SILVERSIDE RD Wilmington, DE 19809-0000

Key People (2)

Board members, trustees, and key staff who oversee Picabu Foundation's grant making decisions and strategic direction. Understanding leadership composition can provide insights into foundation priorities and potential networking opportunities.

Dir, Sec, Treas Jumana Abu-ghazaleh
Dir, Pres Peter Picard

Forms 990-PF

IRS Form 990-PF filings provide comprehensive financial information, grant details, and operational data. These documents are essential resources for understanding foundation capacity, giving patterns, and strategic priorities.

Form 990-PF Research Tips
  • Review Part XV for detailed grant recipient information and funding purposes
  • Check Part I for total assets, annual giving amounts, and payout requirements
  • Examine Part VIII for key personnel compensation and board structure
  • Look for trends across multiple years to understand giving patterns

About This Foundation Profile

This comprehensive foundation profile for Picabu Foundation is powered by Grant Bay's advanced foundation research platform. Our system analyzes IRS Form 990-PF filings, grant histories, and philanthropic patterns to provide nonprofit organizations with actionable intelligence for grant seeking success.

Data Sources & Accuracy

All information is derived from official IRS filings and public records. Grant Bay processes thousands of Form 990-PF documents to extract grant details, financial data, and organizational information. Data accuracy depends on foundation reporting quality and IRS filing completeness.

Research Applications

Use this profile for prospect research, grant strategy development, application preparation, and relationship building. Combine this data with additional research on foundation priorities, application processes, and board member backgrounds for comprehensive grant seeking strategies.

Data Currency: Last updated March 2026 based on IRS Form 990-PF filings. Foundation information reflects most recent available tax year data.