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Costello Family Foundation Inc. is a private corporation based in PORTOLA VALLY, CA. The foundation received its IRS ruling in 1994. The principal officer is Peter W Costello. It holds total assets of $1.3M. Annual income is reported at $94K. Total assets have grown from $1M in 2011 to $1.3M 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 2021 to 2024. Funding is distributed across 5 states, including California, Wisconsin, Minnesota. According to available records, Costello Family Foundation Inc. has made 17 grants totaling $156K, with a median grant of $8K. The foundation has distributed between $76K and $80K annually from 2022 to 2023. Individual grants have ranged from $2K to $24K, with an average award of $9K. The foundation has supported 11 unique organizations. The foundation primarily supports organizations in California, Minnesota, Utah, which account for 88% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$2K
Median Grant
$8K
Average Grant
$8K
Largest Grant
$17K
Based on 10 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.
Costello Family Foundation Inc. is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 17 grants. Its grantmaking reaches organizations primarily in CA, MN, UT.
Costello Family Foundation Inc. has distributed a total of $156K across 17 grants. The median grant size is $8K, with an average of $9K. Individual grants have ranged from $2K to $24K.
Costello Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals. Unsolicited requests not considered.
Costello Family Foundation Inc. is headquartered in PORTOLA VALLY, CA. While based in CA, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| George M Costello | President | $0 | $0 | N/A |
| Peter W Costello | SecTreas | $0 | $0 | N/A |
| Leslie A Costello | Vice Pres | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$1.3M
Fair Market Value
N/A
Net Worth
$1.3M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
17
Total Giving
$156K
Average Grant
$9K
Median Grant
$8K
Unique Recipients
11
Most Common Grant
$3K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Ck-12 FoundationOnline education resources | Palo Alto, CA | $24K | 2023 |
| Foundation For A College EducationEducation programs | East Palo Alto, CA | $22K | 2023 |
| Operation Bootstrap AfricaEducation programs | Minneapolis, MN | $11K | 2023 |
| Guadalupe SchoolEducation programs | Salt Lake City, UT | $9K | 2023 |
| Room To ReadEducation programs | San Francisco, CA | $5K | 2023 |
| Boys & Girls Club Of Greater San DiegoYouth programs | San Diego, CA | $3K | 2023 |
| East County Youth SymphonyYouth music programs | El Cajon, CA | $3K | 2023 |
| Americans Serving African ChildrenAgricultural projects | Manitowoc, WI | $12K | 2022 |
| Wells4wellnessWater infrastructure | Moline, IL | $8K | 2022 |
| Casa De Los PobresFood and clothing support | La Jolla, CA | $4K | 2022 |
| Boys And Girls Club Of Greater San DiegoYouth programs | San Diego, CA | $2K | 2022 |
MENLO PARK, CA
LOS ANGELES, CA
PALO ALTO, CA