Lucas Wegmann Foundation

NEWCASTLE, ME EIN: 47-4768533

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$386K

-84.2% YoY

Annual Giving

$178K

-24.5% YoY

Grant Count

7

+75.0% YoY

Avg Grant Size

$25K

-56.8% YoY

Go deeper than public filings

PRO
  • Giving trend analysis — growing or declining?
  • Organizations like yours that won grants here
  • Strategic fit assessment for your organization
  • Application timing recommendations

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$254K$508K$762K$1M20202021202220232024
Metric202420232022
Total Assets$385,610$2,445,466$2,550,521
Revenue$48,322$11,742$270,159
Expenses$186,110$277,716$238,361
Qualifying Distributions$178,000$237,325$203,175
Net Investment Income$40,620$46,445$48,220
Distributable Amount$188,760$199,813$218,656

Giving Over Time

Total grant dollars and number of grants per year

$0$69K$138K$206K$275K2 grants20201 grants20211 grants20224 grants20237 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

AMERICAN OPINION FOUNDAT…$50KCOLLEGE BAPTIST CHURCH$50KTRAIL LIFE$50KCHORUS OF WESTERLY$10KST MARY SCHOLARSHIP$10KMIDCOAST HUMANE$5KCHORUS OF WESTERLY$3K

Grant Size Distribution

15 grants across all recorded years

8<$50K4$50–100K2$100–250K1$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Lucas Wegmann Foundation fund?

Explore the funder–grantee relationships behind this foundation, powered by GrantGraph™ — our database of 11 million+ funding connections.

PRO
  • Similar orgs that won grants here
  • GrantGraph™ relationship mapping
  • 11M+ connections in GrantGraph™
Explore with Pro

Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
C LUCAS WEGMANNTRUSTEE2

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

8states

Cities

AppletonBeltonBostonBrunswickChicagoEdgecombFalmouthHillsdaleOdessaWellingtonWesterly

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

What could you do with Lucas Wegmann Foundation on Grantable?

  • Assess strategic fit with your organization
  • Get AI-generated opportunity briefs
  • Monitor for new funding opportunities
  • Draft a tailored letter of inquiry