The funder's latest Form 990-PF says it gives only to organizations it has already chosen and does not accept unsolicited requests. An introduction is usually the only route.
How to apply
Deadlines
Restrictions
Send applications to
Not publishedWhispering Pines, NC, 28327The filing names a person as the application contact. We publish role-based contacts (a committee, an office, a shared inbox) but not named individuals.
Application policy: Funds preselected organizations only, as stated on the FY2025 return.
What its returns show
Stated the same way on all 6 Form 990-PF returns on record (FY2020 to FY2025).
On its FY2025 Form 990-PF return this foundation listed grants to 5 named recipients.
These lines count this foundation's own Form 990-PF returns that the IRS has published as data. An amended return replaces its original. They describe past returns only.
This is a count from past returns. It does not say the foundation will consider a new request. How it is counted: names are compared as written on the returns, without "The" at the start, without endings such as "Inc" or "LLC", and without spaces and punctuation. A recipient also counts as already listed when our records link it to the same organization as an earlier recipient, or when its name is almost the same as an earlier name (a trigram similarity of 0.8 or more, where 1 means identical). The state on the grant row is not compared. Grants that the foundation marked as paid to an individual, such as a scholarship, are left out of both numbers, and no count is shown when most of its grants are marked that way. A person whom the foundation did not mark as an individual is still counted as a recipient. A recipient can still look new when its name is written very differently from year to year, and two different recipients with almost the same name can be counted as one.
Application guidance comes from the funder's own Form 990-PF, Part XV (the section where a private foundation says how to apply), shown as filed. It is the funder's words, not ours. These fields are free text and the IRS form cuts them short. Filers sometimes put whole sentences in the contact-name box. Shown exactly as filed.
Financials
Giving
$15K
FY2025 · qualifying distributions
Total assets
$7,698
FY2025 · end of year
Revenue
$1,243
FY2025
Expenses
$15.4K
FY2025
Giving by year
Total assets by year
Year
Form
Revenue
Expenses
Giving
Assets
Net assets
FY2025
990-PF
$1,243
$15,361
$15,000
$7,698
Figures are as reported on the e-filed return, with no restatement. Fiscal years are the funder's own tax year, labelled by the calendar year the period ends in. A blank line means the return does not carry that figure; a real zero shows as $0. When an amended return replaces an original, every figure here uses the amended return. The original is not shown. Giving is what the funder actually paid out toward its charitable purpose in the year (qualifying distributions on Form 990-PF, charitable disbursements otherwise). Assets are what it holds; giving is what moves.
What they fund
Recipient focus areas
No public data found
Where recipients are
NC$51.3K · 15
IL$12.6K · 6
ND$11.1K · 6
CA$0 · 2
Based on the 0% of grant rows we could match to an organization record. The rest stay as reported. The IRS assigns the NTEE category when it grants exemption. It often reflects the original filing, not today's giving.
Grants paid
No grant rows from public filings are on record for this funder. Grant lists come from Form 990-PF and from Schedule I of Form 990; a return the IRS has not yet published, or one with no grant list, has no rows here.
Officers and directors
Name
Title
Hours / week
Compensation
Karen E Cusano
President
1.00
$0
Antoinette M Cusano
VICE PRES
1.00
$0
From the officer list on the latest e-filed return. Compensation is as reported there; a blank means the return carries no figure.
$7,698
FY2024
990-PF
$1,042
$15,727
$14,650
$10,887
$10,887
FY2023
990-PF
$1,374
$16,147
$15,050
$16,692
$16,692
FY2022
990-PF
$1,551
$14,222
$12,775
$27,688
$27,688
FY2021
990-PF
$7,442
$11,734
$9,950
$40,348
$40,348
FY2020
990-PF
$12,940
$8,629
$7,550
$44,316
$44,316
Form 990-PF · FY2024 · period ending Dec 31, 2024IRS bulk XML
IRS 990 e-file·FY2024·file fingerprint 159948d8·U.S. Government public domain·View filing
Filing id 202501749349100215
Form 990-PF · FY2023 · period ending Dec 31, 2023IRS bulk XML
IRS 990 e-file·FY2023·file fingerprint 8bf43849·U.S. Government public domain·View filing
Filing id 202421289349102312
Form 990-PF · FY2022 · period ending Dec 31, 2022
IRS 990 e-file·FY2022·file fingerprint 1832756e·U.S. Government public domain·View filing
Filing id 202331659349100218
Form 990-PF · FY2021 · period ending Dec 31, 2021
IRS 990 e-file·FY2021·file fingerprint 3f25f51e·U.S. Government public domain·View filing
Filing id 202211389349100011
Form 990-PF · FY2020 · period ending Dec 31, 2020
IRS 990 e-file·FY2020·file fingerprint 58b8a701·U.S. Government public domain·View filing
Filing id 202131279349101433
IRS filings are the source for every fact on this page. Nothing a model writes is ever a source; it can only point at a row here.