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Denicola Family Foundation is a private corporation based in BRYN MAWR, PA. The foundation received its IRS ruling in 2021. The principal officer is Foundation Source. It holds total assets of $4M. Annual income is reported at $1.4M. Total assets have decreased from $5.1M in 2021 to $4M in 2024. The foundation is governed by 2 officers and trustees. Tax records are available from 2021 to 2024. According to available records, Denicola Family Foundation has made 23 grants totaling $200K, with a median grant of $5K. The foundation has distributed between $89K and $111K annually from 2022 to 2023. Individual grants have ranged from $1K to $50K, with an average award of $9K. The foundation has supported 18 unique organizations. The foundation primarily supports organizations in New Jersey, Pennsylvania, Massachusetts, which account for 78% of all grants. Grantmaking reaches organizations across 8 states. Contributions to this foundation are tax-deductible.
The DeNicola Family Foundation (EIN 87-3103605, Bryn Mawr, PA) is a closely held family vehicle led entirely by Cosmo and Janet DeNicola, who take no compensation and serve as president/treasurer and VP/secretary respectively — there is no professional program staff and no outside board. IRS filings mark the Foundation `preselected_only`, and its own website confirms it: general operations 'only make contributions to preselected charitable organizations and do not accept unsolicited requests for funds.' This is not a foundation to cold-pitch through a portal. Its 23 recorded grants since inception (avg. $8,694, total $199,962) went overwhelmingly to organizations already inside the DeNicola network — Philadelphia-area schools (Mother of Divine Grace, Our Lady of Port Richmond), youth and family-service nonprofits (The Attic Youth Center, Rebuilding Together Philadelphia, Jaws Youth Playbook), and a handful of academic medical/research recipients (Temple, Thomas Jefferson, Johns Hopkins) tied to a family health interest (a COPD/Emphysema research fund at Temple). The practical path in is relationship-building, not application-writing: partner with — or get introduced through — an existing grantee, engage with the Foundation's hands-on volunteer events (block builds, prom drives, pantry stocking), or connect via the Cosmo DeNicola Companies business network the Foundation operates alongside. The one genuine exception is the newly launched Longano Community Development Fund, a $500,000 competitive program with a published rubric — but eligibility is tied to demonstrable benefit to Longano, Italy (Molise region), so it fits only a narrow slice of applicants (diaspora associations, cultural-heritage nonprofits, or U.S. organizations with an Italy-facing project). First-time applicants without a Longano connection should treat this as a cultivation target over 12-24 months rather than a fast grant, focusing on direct-service alignment with the Foundation's four stated pillars: World Health, Cultural Diplomacy, Humanitarian Recognition, and Conservation.
Financials are modest and volatile. Total assets sat at $4,013,205 in FY2024, essentially flat against $4,064,053 (FY2023) and down from $4,372,273 (FY2022) and $5,147,099 (FY2021) — the Foundation was seeded with a $5,066,586 contribution in 2021 and has been drawing down slightly since. Total giving (which includes grants plus related charitable disbursements) was $296,582 in FY2023 and $223,320 in FY2022, while cash grants alone (`grants_paid`) were smaller: $89,367 (FY2023) and $110,595 (FY2022) — the gap suggests a meaningful share of 'giving' flows through in-kind donations, sponsorships, and program costs rather than checks to grantees. In its very first year (FY2021) the Foundation paid out just $5,096 against $5.15M in revenue, typical of a newly funded family foundation still ramping up. Across the 23 individual grants captured in IRS data, the median-range award clusters low: the largest single relationship is A Meaningful Purpose ($55,000 across 2 grants for kitchen/environmental programs and a teaching garden at the Boys & Girls Club of Atlantic City), followed by Giving Back Fund Inc. ($30,000 across 2 grants), Temple University ($25,000, dedicated to a COPD and Emphysema Research Fund), Norristown Zoological Society ($19,500 across 4 grants), and single $15,000 gifts to Thomas Jefferson University and the Robert W. Maxwell Memorial Football Club. Below that, awards drop quickly to the $1,000-$10,000 range (Johns Hopkins $10,000 for a medical-school summer internship; Ronald McDonald House $4,300; Animal Welfare Association $2,500; God Feeds $1,000). Geographically, Pennsylvania dominates with 11 of 23 grants, followed by New Jersey (5), Massachusetts (2), and single grants each in Arizona, Delaware, Maryland, New York, and Virginia — consistent with the Foundation's Philadelphia-region operating base, with occasional national reach for its health-research relationships.
| Foundation | Assets | Annual Giving | Primary Focus | Application |
|---|---|---|---|---|
| DeNicola Family Foundation | $4.01M | ~$224K-$297K (FY22-23) | World Health, Cultural Diplomacy, Humanitarian Recognition, Conservation | Invited/Preselected (one open program: Longano Fund) |
| Point Of View Foundation (PA) | $4.01M | Not disclosed | Philanthropy & Grantmaking | Unknown — has active website |
| Clonrock Foundation (OH) | $4.01M | Not disclosed | Philanthropy & Grantmaking | Unknown — no public website |
| First Ascent Charitable Foundation (CO) | $4.01M | Not disclosed | Philanthropy & Grantmaking | Unknown — no public website |
| Sharing The Power Foundation (DC) | $4.01M | Not disclosed | Philanthropy & Grantmaking | Unknown — no public website |
| Steps Ahead Charitable Family Foundation (OH) | $4.01M | Not disclosed | Philanthropy & Grantmaking | Unknown — no public website |
All five peers sit within roughly $2,000 of DeNicola's $4,013,205 in assets — a near-identical size band typical of family foundations funded by a single liquidity event and then held flat. What distinguishes DeNicola from this peer set is transparency and activity level: it is the only one of the six running a public-facing website, a news blog, a named program-director contact, and a formally scored open grant program (Longano). Peers with no public web presence are almost certainly pass-through vehicles for a single family's preselected giving with no realistic outside-applicant channel at all, making DeNicola comparatively the more approachable of this cohort despite its own preselected-only default.
The Foundation went from a low-visibility family fund to an actively publicized philanthropy starting September 24, 2025, when it held a formal launch event bringing together 'community leaders, global partners, and advocates' under the banner that 'caring is an action, not just an emotion.' Since then it has published a steady stream of hands-on, hyperlocal activity in Philadelphia: stocking The Attic Youth Center's food pantry and providing LGBTQ-youth health kits (March 27, 2026), supplying home-repair materials to Gone Rogue Girls Rescue after a flood (March 17, 2026), co-sponsoring the 5th Annual Prom Drive with Jaws Youth Playbook and Philadelphia Eagles Alumni Cheerleaders (March 12, 2026), and providing volunteer lunches for Rebuilding Together Philadelphia's West Philly Block Build (April 20, 2026). Its two most consequential 2026 announcements are structural rather than transactional: the March 2026 launch of the DeNicola Family Foundation Global Citizen Award with Temple University Rome ($10,000 x 2 scholarships for entry-year students), and the opening of the $500,000 Longano Community Development Fund (announced April 2026, applications due August 1, 2026), the Foundation's first published, criteria-based competitive grant program, tied to the DeNicola family's ancestral ties to Longano in Italy's Molise region. No leadership changes have been reported — Cosmo and Janet DeNicola remain the sole officers and directors, uncompensated, exactly as in the IRS filings.
Do not send an unsolicited general LOI or proposal — the Foundation explicitly states it only funds preselected organizations, and its 23-grant history shows every recipient already had a direct relationship (school partner, medical research tie, or community-event collaborator) with the DeNicola family or Cosmo DeNicola Companies. The single real 'apply here' door is the Longano Community Development Fund at denicolafamilyfoundation.org/grant — use it only if your project demonstrably benefits Longano, Italy (Molise): cultural-heritage preservation, tourism development, youth/education programming, local entrepreneurship, or public-space improvements. That program has a hard deadline of August 1, 2026, evaluates on a published 100-point rubric (Community Impact 50 pts, Economic/Tourism Benefit 20 pts, Cultural/Educational Value 20 pts, Applicant Experience 10 pts), funds awards from $2,500 to $75,000, and is administered by Natalie Scarantino Sadler, Program Director (modenicola@cosmodenicola.com) — address her directly, reference the rubric categories by name in your narrative, and front-load the community-impact section since it carries half the score. For every other type of request, the realistic strategy is cultivation, not application: identify and engage the Foundation's existing partners (Rebuilding Together Philadelphia, The Attic Youth Center, Jaws Youth Playbook, Norristown Zoological Society, A Meaningful Purpose) since co-sponsoring or appearing alongside one of them at an event is a documented path to a later grant; participate in or host the kind of hands-on volunteer activity the Foundation visibly favors (pantry stocking, home-repair days, school-supply drives) rather than pitching a large unrestricted operating grant; and if your organization is a medical research institution, note the Foundation has funded named research funds (Temple's COPD/Emphysema fund) — a similarly named, health-specific fund tied to a family interest is more fundable than a general appeal. Common mistake to avoid: treating this like a standard foundation with an open RFP cycle — outside of Longano, there is no form, portal, or published deadline to submit against.
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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.
Financials are modest and volatile. Total assets sat at $4,013,205 in FY2024, essentially flat against $4,064,053 (FY2023) and down from $4,372,273 (FY2022) and $5,147,099 (FY2021) — the Foundation was seeded with a $5,066,586 contribution in 2021 and has been drawing down slightly since. Total giving (which includes grants plus related charitable disbursements) was $296,582 in FY2023 and $223,320 in FY2022, while cash grants alone (`grants_paid`) were smaller: $89,367 (FY2023) and $110,595 (FY2.
Denicola Family Foundation has distributed a total of $200K across 23 grants. The median grant size is $5K, with an average of $9K. Individual grants have ranged from $1K to $50K.
The DeNicola Family Foundation (EIN 87-3103605, Bryn Mawr, PA) is a closely held family vehicle led entirely by Cosmo and Janet DeNicola, who take no compensation and serve as president/treasurer and VP/secretary respectively — there is no professional program staff and no outside board. IRS filings mark the Foundation `preselected_only`, and its own website confirms it: general operations 'only make contributions to preselected charitable organizations and do not accept unsolicited requests for.
Denicola Family Foundation is headquartered in BRYN MAWR, PA. While based in PA, the foundation distributes grants to organizations across 8 states.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Cosmo Denicola | PRES, DIR, TREAS, COB | $0 | $0 | N/A |
| Janet Denicola | Dir, Sec, VP | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$4M
Fair Market Value
N/A
Net Worth
$4M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
23
Total Giving
$200K
Average Grant
$9K
Median Grant
$5K
Unique Recipients
18
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| United CharitableChange Our Future fund | Ashburn, VA | $5K | 2022 |
| Temple UniversityDeNicola Family Foundation COPD and Emphysema Research Fund | New York, NY | $25K | 2023 |
| Robert W Maxwell Memorial Football ClubGeneral & Unrestricted | Ambler, PA | $15K | 2023 |
| Thomas Jefferson UniversityGeneral & Unrestricted | Philadelphia, PA | $15K | 2023 |
| Johns Hopkins UniversitySummer Intern Fund Before Medical School | Baltimore, MD | $10K | 2023 |
| Giving Back Fund IncFrom The Depths fund | Boston, MA | $5K | 2023 |
| A Meaningful PurposeInstallation of a farm to table teaching garden at the Boys & Girls Club in Atlantic City | Egg Harbor Township, NJ | $5K | 2023 |
| Ronald Mcdonald House Charities Of Central And NorGeneral & Unrestricted (see general explanation) | Phoenix, AZ | $4K | 2023 |
| Norristown Zoological SocietyCharitable Event | Norristown, PA | $3K | 2023 |
| Animal Welfare Association IncorporatedGeneral & Unrestricted | Voorhees, NJ | $3K | 2023 |
| Family Promise Montco PaGeneral & Unrestricted (see general explanation) | Ambler, PA | $1K | 2023 |
| Jaws Youth FundGeneral & Unrestricted (see general explanation) | West Deptford, NJ | $1K | 2023 |
| God FeedsGeneral & Unrestricted | Norristown, PA | $1K | 2023 |
| Runway Of Dreams FoundationGeneral & Unrestricted | Livingston, NJ | $5K | 2022 |
| Able Body Christian MenGENERAL & UNRESTRICTED | Philadelphia, PA | $5K | 2022 |
| Team Overtimesupport center remote programs | Bear, DE | $3K | 2022 |
| Mercy Neighborhood Ministries IncChase Books fund | Philadelphia, PA | $2K | 2022 |
| Laurel HouseGeneral & Unrestricted - SEE GENERAL EXPLANATION | Norristown, PA | $1K | 2022 |
WEST CONSHOHOCKEN, PA
LIGONIER, PA
PITTSBURGH, PA