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Iorio Charitable Foundation is a private trust based in WORCESTER, MA. The foundation received its IRS ruling in 1996. It holds total assets of $1.7M. Annual income is reported at $812K. The foundation is governed by 3 officers and trustees. The foundation operates in the area of human services. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2018 to 2023. The foundation primarily funds organizations in Massachusetts and New York. According to available records, Iorio Charitable Foundation has made 84 grants totaling $394K, with a median grant of $3K. Annual giving has decreased from $98K in 2020 to $76K in 2023. Grantmaking activity was highest in 2022 with $110K distributed across 22 grants. Individual grants have ranged from $2K to $20K, with an average award of $5K. The foundation has supported 34 unique organizations. Grants have been distributed to organizations in Massachusetts and New York and South Carolina. Contributions to this foundation are tax-deductible.
Smallest Grant
$3K
Median Grant
$4K
Average Grant
$5K
Largest Grant
$20K
Based on 22 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.
Iorio Charitable Foundation primarily funds organizations in the area of human services. Based on available records, the foundation has funded 84 grants. Its grantmaking reaches organizations primarily in MA, NY, SC.
Iorio Charitable Foundation has distributed a total of $394K across 84 grants. The median grant size is $3K, with an average of $5K. Individual grants have ranged from $2K to $20K.
Iorio Charitable Foundation typically selects its grantees rather than accepting unsolicited proposals.
Iorio Charitable Foundation is headquartered in WORCESTER, MA. While based in MA, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Sumner B Tilton Jr | TRUSTEE | $0 | $0 | N/A |
| Dorothy Iorio | TRUSTEE | $0 | $0 | N/A |
| Theodore L Iorio | TRUSTEE | $0 | $0 | N/A |
Total Giving
$88K
Total Assets
$1.6M
Fair Market Value
$1.9M
Net Worth
$1.6M
Grants Paid
$76K
Contributions
N/A
Net Investment Income
$45K
Distribution Amount
$97K
Total Grants
84
Total Giving
$394K
Average Grant
$5K
Median Grant
$3K
Unique Recipients
34
Most Common Grant
$3K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Coffe UnlimitedGENERAL | New York, NY | $10K | 2023 |
| Mcphs UniversityGENERAL | Worcester, MA | $10K | 2023 |
| John J Ahern Middle School Parent AGENERAL | Foxboro, MA | $7K | 2023 |
| Pta Of Ms54 IncGENERAL | New York, NY | $7K | 2023 |
| Parents Of Ps9GENERAL | New York, NY | $7K | 2023 |
| Foxborough High SchoolGENERAL | Foxboro, MA | $7K | 2023 |
| Millis Middle High SchoolGENERAL | Millis, MA | $7K | 2023 |
| Trustees Of ReservationsGENERAL | Boston, MA | $5K | 2023 |
| Norfolk Hunt Pony Club Fa United SGENERAL | Medfield, MA | $3K | 2023 |
| Anna Maria CollegeGENERAL SUPPORT | Paxton, MA | $3K | 2023 |
| Bay State Speedskating Club IncGENERAL | Braintree, MA | $3K | 2023 |
| Friends Of Millis Council On AgingGENERAL | Millis, MA | $3K | 2023 |
| Millis Food PantryGENERAL | Millis, MA | $3K | 2023 |
| Cushing AcademyGENERAL | Ashburnham, MA | $2K | 2023 |
| Foxboro Skatepark AssociationGENERAL | Foxboro, MA | $2K | 2023 |
| Coffee UnlimitedGENERAL SUPPORT | New York, NY | $20K | 2022 |
| Parents Of Ps9 Count Me InGENERAL SUPPORT | New York, NY | $7K | 2022 |
| Charles G Taylor Elementary PtoGENERAL SUPPORT | Foxboro, MA | $7K | 2022 |
| Friends Of Millis Council Of AgingGENERAL SUPPORT | Millis, MA | $3K | 2022 |
| Friends Of Millis Public LibraryGENERAL SUPPORT | Millis, MA | $3K | 2022 |
| Partnership To End AddictionGENERAL SUPPORT | New York, NY | $3K | 2022 |
| Nantucket Boys And Girls ClubGENERAL SUPPORT | Nantucket, MA | $3K | 2022 |
| Nantucket Comedy FestivalGENERAL SUPPORT | Nantucket, MA | $3K | 2022 |
| Nantucket Community SailingGENERAL SUPPORT | Nantucket, MA | $3K | 2022 |
| Planned Parenthood League Of Ma InGENERAL SUPPORT | Boston, MA | $3K | 2022 |
| Norwood Montessori SchoolGENERAL SUPPORT | Norwood, MA | $7K | 2021 |
| Clyde Brown Home And School AssociaGENERAL SUPPORT | Millis, MA | $7K | 2021 |
| Nantucket Community Music CenterGENERAL SUPPORT | Nantucket, MA | $3K | 2021 |