Also known as: Foundation Inc
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Frank & Jean Iacovangelo Family Foundation Inc. is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2004. The principal officer is Foundation Source. It holds total assets of $806K. Annual income is reported at $448K. Total assets have grown from $571K in 2011 to $780K in 2023. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. Grantmaking is concentrated in New York. According to available records, Frank & Jean Iacovangelo Family Foundation Inc. has made 66 grants totaling $318K, with a median grant of $5K. The foundation has distributed between $156K and $162K annually from 2022 to 2023. Individual grants have ranged from $1K to $20K, with an average award of $5K. The foundation has supported 36 unique organizations. The foundation primarily supports organizations in New York, Florida, District of Columbia, which account for 97% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$2K
Median Grant
$5K
Average Grant
$6K
Largest Grant
$20K
Based on 25 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.
Frank & Jean Iacovangelo Family Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 66 grants. Its grantmaking reaches organizations primarily in NY, FL, DC.
Frank & Jean Iacovangelo Family Foundation Inc. has distributed a total of $318K across 66 grants. The median grant size is $5K, with an average of $5K. Individual grants have ranged from $1K to $20K.
Frank & Jean Iacovangelo Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Frank & Jean Iacovangelo Family Foundation Inc. is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jean Iacovangelo | Dir, VP | $0 | $0 | N/A |
| Frank B Iacovangelo | Pres, Dir, Sec | $0 | $0 | N/A |
| Elena Frances Cariola | Dir, VP | $0 | $0 | N/A |
Total Giving
$171K
Total Assets
$780K
Fair Market Value
$929K
Net Worth
$780K
Grants Paid
$156K
Contributions
N/A
Net Investment Income
$47K
Distribution Amount
$43K
Total Grants
66
Total Giving
$318K
Average Grant
$5K
Median Grant
$5K
Unique Recipients
36
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| St John Fisher UniversityBasilian Scholars Endowed Director of Campus Ministry | Rochester, NY | $20K | 2023 |
| St Anns Home For The AgedGeneral & Unrestricted | Rochester, NY | $20K | 2023 |
| Friends Of The Constellation Brands Marvin Sands PGeneral & Unrestricted | Rochester, NY | $11K | 2023 |
| St Pius TenthGeneral & Unrestricted | Rochester, NY | $10K | 2023 |
| Italeo IncGeneral & Unrestricted | Rochester, NY | $6K | 2023 |
| St Padre Pio Institute Of RochesterincGeneral & Unrestricted | Rochester, NY | $6K | 2023 |
| Philadelphia Youth Basketball IncOpening Night Gala Sponsorship | Philadelphia, PA | $5K | 2023 |
| Angels Of Mercy IncGeneral & Unrestricted | Rochester, NY | $5K | 2023 |
| Breast Cancer Coalition Of Rochester IncCharitable Event | Rochester, NY | $5K | 2023 |
| Casa Of Rochester-Monroe County IncGeneral & Unrestricted | Rochester, NY | $5K | 2023 |
| Food For The Poor IncGeneral & Unrestricted | Coconut Creek, FL | $5K | 2023 |
| Hope HallGeneral & Unrestricted | Rochester, NY | $5K | 2023 |
| Italian American Community Center IncCharitable Event | Rochester, NY | $5K | 2023 |
| Sisters Of St Joseph Of Rochester IncSt. Joseph Neighborhood Center | Rochester, NY | $5K | 2023 |
| Foundation Of The Monroe County BarJazz for Justice & Raise the Bar | Rochester, NY | $3K | 2023 |
| Open Door Mission IncCharitable Event | Rochester, NY | $3K | 2023 |
| Gigis Playhouse IncCharitable Event | Rochester, NY | $3K | 2023 |
| Cancer Action IncGeneral & Unrestricted | Rochester, NY | $3K | 2023 |
| Rochester School Of The Holy Childhood IncCharitable Event | Rochester, NY | $3K | 2023 |
| St John Bosco SchoolsGeneral & Unrestricted | E Rochester, NY | $3K | 2023 |
| Our Lady Of Mercy School For Young WomenCharitable Event | Rochester, NY | $3K | 2023 |
| Catholic University Of AmericaGeneral & Unrestricted | Washington, DC | $3K | 2023 |
| Bivona Child Advocacy CenterGeneral & Unrestricted | Rochester, NY | $2K | 2023 |
| Huther-Doyle Memorial Institute IncCharitable Event | Rochester, NY | $2K | 2023 |
| Cds Monarch IncCharitable Event | Webster, NY | $2K | 2023 |
| Journey Home IncGeneral & Unrestricted | Rochester, NY | $2K | 2023 |
| Italian American Sport Council Of Rochester LtdCharitable Event | Rochester, NY | $1K | 2023 |
| Our Lady Of Victory-St JosephGeneral & Unrestricted | Rochester, NY | $5K | 2022 |
| Aquinas Institute Of RochesterClass of 1958 Scholarship Fund | Rochester, NY | $5K | 2022 |
| Holy Cross Church Of RochesterCharitable Event | Rochester, NY | $5K | 2022 |