Is The Pasculano Foundation Legit?

The Pasculano Foundation appears to be a well-managed private foundation with a strong financial position. Its assets have consistently grown over the past decade, from $15.2 million in 2011 to $21.2 million currently, indicating sound investment strategies and financial stewardship. The organization consistently reports minimal liabilities ($1 across all filings), suggesting a very low debt burden and strong financial stability. While revenue and expenses fluctuate year-to-year, which is common for foundations that make grants, the overall trend shows a healthy asset base supporting its philanthropic activities. The foundation demonstrates excellent transparency regarding executive compensation, reporting 0% officer compensation across all available filings. This indicates that the foundation's leadership is either unpaid or compensated through other means not classified as officer compensation, which is a positive sign for donor confidence. The NTEE code T20 (Private Grantmaking Foundations) aligns with its operational model, and the consistent filing of IRS Form 990s over ten periods demonstrates a commitment to regulatory compliance and public disclosure.