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Albert M Covelli Foundation is a private corporation based in WARREN, OH. The foundation received its IRS ruling in 1984. The principal officer is Covelli Enterprises. It holds total assets of $7.7M. Annual income is reported at $9.6M. Total assets have grown from $3.1M in 2011 to $7.7M in 2024. The foundation is governed by 3 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2015 to 2024. The foundation primarily funds organizations in Florida and Ohio. According to available records, Albert M Covelli Foundation has made 95 grants totaling $1.6M, with a median grant of $5K. Annual giving has grown from $403K in 2020 to $845K in 2022. Individual grants have ranged from $1K to $290K, with an average award of $16K. The foundation has supported 37 unique organizations. Grants have been distributed to organizations in Florida and Ohio. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$2K
Average Grant
$25K
Largest Grant
$290K
Based on 16 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Albert M Covelli Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 95 grants. Its grantmaking reaches organizations primarily in FL, OH.
Albert M Covelli Foundation has distributed a total of $1.6M across 95 grants. The median grant size is $5K, with an average of $16K. Individual grants have ranged from $1K to $290K.
Albert M Covelli Foundation typically selects its grantees rather than accepting unsolicited proposals.
Albert M Covelli Foundation is headquartered in WARREN, OH. While based in OH, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Sam Covelli | TRUSTEE | $0 | $0 | N/A |
| Annette Ford | TRUSTEE | $0 | $0 | N/A |
| Josephine Covelli | TRUSTEE | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$7.7M
Fair Market Value
N/A
Net Worth
$7.7M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
95
Total Giving
$1.6M
Average Grant
$16K
Median Grant
$5K
Unique Recipients
37
Most Common Grant
$3K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Children'S Rehabilitation CenterCHARITABLE | Warren, OH | $10K | 2022 |
| Blessed SacramentCHARITABLE | Warren, OH | $5K | 2022 |
| John F Kennedy Catholic SchoolCHARITABLE | Warren, OH | $87K | 2022 |
| Cleveland ClinicCHARITABLE | Stuart, FL | $50K | 2022 |
| Hibiscus Children'S CenterCHARITABLE | Jensen Beach, FL | $50K | 2022 |
| Orlando Health FoundationCHARITABLE | Orlando, FL | $50K | 2022 |
| National Veterans Memorial & MuseumCHARITABLE | Columbus, OH | $25K | 2022 |
| Nationwide Children'SCHARITABLE | Columbus, OH | $20K | 2022 |
| A Kid'S PlaceCHARITABLE | Brandon, FL | $20K | 2022 |
| Warren Family MissionCHARITABLE | Warren, OH | $15K | 2022 |
| Children'S Cancer CenterCHARITABLE | Tampa, FL | $12K | 2022 |
| Akron Children'S HospitalCHARITABLE | Boardman, OH | $10K | 2022 |
| Foundation For Foster ChildrenCHARITABLE | Winter Park, FL | $10K | 2022 |
| St Margaret Mary Catholic ChurchCHARITABLE | Winter Park, FL | $10K | 2022 |
| Council On Aging Of Martin County IncCHARITABLE | Stuart, FL | $8K | 2022 |
| Diocese Of Palm BeachCHARITABLE | Palm Beach Gardens, FL | $5K | 2022 |
| New Hope For KidsCHARITABLE | Maitland, FL | $5K | 2022 |
| St Joseph Catholic Church & SchoolCHARITABLE | Stuart, FL | $5K | 2022 |
| Library Foundation Of Martin CountyCHARITABLE | Stuart, FL | $5K | 2022 |
| Mary'S HomeCHARITABLE | Stuart, FL | $3K | 2022 |
| Molly'S HouseCHARITABLE | Stuart, FL | $3K | 2022 |
| The Salvation Army Of Martin St Lucie And Okeechobee CountiesCHARITABLE | Stuart, FL | $3K | 2022 |
| The Salvation ArmyCHARITABLE | Warren, OH | $3K | 2022 |
| Boys And Girls Club Of Martin CountyCHARITABLE | Hobe Sound, FL | $3K | 2022 |
| Mercy Health Foundation Mahoning ValleyCHARITABLE | Boardman, OH | $3K | 2022 |