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Vecellio Family Foundation Inc. is a private corporation based in BECKLEY, WV. The foundation received its IRS ruling in 1973. The principal officer is Raleigh County National Bank. It holds total assets of $10.7M. Annual income is reported at $1.3M. Total assets have grown from $6.1M in 2011 to $10M in 2023. The foundation is governed by 9 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. The foundation primarily funds organizations in West Virginia and Florida. According to available records, Vecellio Family Foundation Inc. has made 241 grants totaling $1.5M, with a median grant of $3K. Annual giving has grown from $401K in 2020 to $525K in 2023. Grantmaking activity was highest in 2022 with $552K distributed across 83 grants. Individual grants have ranged from $1K to $75K, with an average award of $6K. The foundation has supported 127 unique organizations. The foundation primarily supports organizations in Florida, West Virginia, Ohio, which account for 88% of all grants. Grantmaking reaches organizations across 10 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$3K
Average Grant
$6K
Largest Grant
$75K
Based on 71 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.
Vecellio Family Foundation Inc. is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 241 grants. Its grantmaking reaches organizations primarily in FL, WV, OH.
Vecellio Family Foundation Inc. has distributed a total of $1.5M across 241 grants. The median grant size is $3K, with an average of $6K. Individual grants have ranged from $1K to $75K.
Vecellio Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals. The application deadline is GRANTS ARE DISBURSED IN DECEMBER EACH YEAR. ALL REQUESTS ARE TO BE REC'D PRIOR TO NOVEMBER 1.. The vecellio family foundation, inc. Will make no charitable grants directly to any individual or to any other private foundation. Charitable grants are made based upon the merits of the requesting organization. These grants are usually made to organizations based in west virginia, its neighboring states, or the state of florida. The foundation makes no loans to any organization or individual for any reason. The foundation awards only restricted scholarships and no scholarships or grants directly to any individual. The scholarships recipients are selected by other tax exempt organizations with little participation by the foundation, its officers, or trustees. Currently the foundation awards three annual scholarships to raleigh county, wv seniors, four to woodrow wilson high school seniors, one to a wv senior who has been member of the youth conservation program for one year, three to children of vecellio group, inc. And subsidiaries, and one to a senior from mcdowell county, wv.
Vecellio Family Foundation Inc. is headquartered in BECKLEY, WV. While based in WV, the foundation distributes grants to organizations across 10 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Leo A Vecellio Jr | PRESIDENT/TRUSTEE | $0 | $0 | N/A |
| Michael J Sullivan | SECRETARY/TREASURER | $0 | $0 | N/A |
| Kathryn C Vecellio | VICE PRESIDENT/TRUSTEE | $0 | $0 | N/A |
| Robert L Castrodale | TRUSTEE | $0 | $0 | N/A |
| Patricia Vecellio Cunningham | TRUSTEE | $0 | $0 | N/A |
| Ll Gwinn | ASST SECRETARY/TREASURER | $0 | $0 | N/A |
| Christopher S Vecellio | VICE PRESIDENT/TRUSTEE | $0 | $0 | N/A |
| Michael A Vecellio | VICE PRESIDENT/TRUSTEE | $0 | $0 | N/A |
| Melissa Mccabe | ASST SECRETARY | $0 | $0 | N/A |
Total Giving
$599K
Total Assets
$10M
Fair Market Value
$10M
Net Worth
$9.8M
Grants Paid
$532K
Contributions
$99K
Net Investment Income
$708K
Distribution Amount
$472K
Total: $9.8M
Total Grants
241
Total Giving
$1.5M
Average Grant
$6K
Median Grant
$3K
Unique Recipients
127
Most Common Grant
$3K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Brown UniversityCHARITABLE PURPOSES, DESIGNATED FOR ANNUAL FUND | Providence, RI | $10K | 2023 |
| American Heart AssociationCHARITABLE PURPOSES, FOR ANNUAL GALA | West Palm Beach, FL | $35K | 2023 |
| Palm Beach Atlantic UniversityCHARITABLE PURPOSES, RESTRICTED FOR VECELLIO FAMILY SCHOLARSHIPS | West Palm Beach, FL | $25K | 2023 |
| Raymond F Kravis Center For The Performing ArtsCHARITABLE PURPOSES, GALA FOR GENERAL PROGRAM | West Palm Beach, FL | $25K | 2023 |
| Salvation Army Beckley CorpsCHARITABLE PURPOSES, UNRESTRICTED | Beckley, WV | $25K | 2023 |
| Salvation Army West Palm Beach CorpsCHARITABLE PURPOSES, UNRESTRICTED | West Palm Beach, FL | $25K | 2023 |
| The Schepens Eye Research InstituteCHARITABLE PURPOSES, UNRESTRICTED | Boston, MA | $25K | 2023 |
| St Edward Catholic ChurchCHARITABLE PURPOSES, UNRESTRICTED | Palm Beach Gardens, FL | $25K | 2023 |
| Cleveland ClinicCHARITABLE PURPOSES, RESTRICTED FOR RESEARCH | Cleveland, OH | $25K | 2023 |
| The United Way Town Of Palm BeachCHARITABLE PURPOSES, UNRESTRICTED | Palm Beach, FL | $25K | 2023 |
| Flagler MuseumCHARITABLE PURPOSES, UNRESTRICTED | Palm Beach, FL | $15K | 2023 |
| Norton Museum Of ArtCHARITABLE PURPOSES, RESTRICTED TO EDUCATION PROGRAMS | West Palm Beach, FL | $15K | 2023 |
| Alzheimer'S Association National OfficeCHARITABLE PURPOSES, RESTRICTED TO RESEARCH PROGRAMS | Chicago, IL | $10K | 2023 |
| West Virginia University Foundation IncCHARITABLE PURPOSES, DESIGNATED FOR THE KATHRYN C. VECELLIO SCHOLARSHIP FOR THE COLLEGE OF EDUCATION AND HUMAN SERVICES | Morgantown, WV | $10K | 2023 |
| Vpi Educational Foundation IncCHARITABLE PURPOSES, DESIGNATED FOR THE PAMPLIN COLLEGE OF BUSINESS, SCHOOL OF MANAGEMENT | Blacksburgh, VA | $10K | 2023 |
| Leukemia & Lymphoma SocietyCHARITABLE PURPOSES, DESIGNATED FOR RESEARCH | White Plains, NY | $10K | 2023 |
| Wake Forest UniversityCHARITABLE PURPOSES, DESIGNATED FOR BIOLOGY DEPARTMENT | Winstonsalem, NC | $10K | 2023 |
| Georgia Tech FoundationCHARITABLE PURPOSES, UNRESTRICTED | Atlanta, GA | $10K | 2023 |
| Vpi Educational Foundation Inc Dept Of Civil & Environment EngineeringCHARITABLE PURPOSES, DESIGNATED FOR THE VECILLIO ENDOWMENT FUND CODE 885620 | Blacksburgh, VA | $5K | 2023 |
| Mount St Joseph UniversityCHARITABLE PURPOSES, DESIGNATED FOR CAPITAL CAMPAIGN | Cincinnati, OH | $5K | 2023 |
| Ymca Of Beckleyraleigh CountyCHARITABLE PURPOSES, DESIGNATED FOR CLINE FAMILY FOUNDATION | Beckley, WV | $5K | 2023 |
| Hoofbeats Therapeutic Riding Center IncCHARITABLE PURPOSES, UNRESTRICTED | Lexington, VA | $5K | 2023 |
| Palm Beach State CollegeCHARITABLE PURPOSES, DESIGNATED FOR STUDENT SCHOLARSHIPS | Lake Worth, FL | $5K | 2023 |
| Palm Beach County Cultural CouncilCHARITABLE PURPOSES, UNRESTRICTED | West Palm Beach, FL | $5K | 2023 |
| Palm Beach Island Hospice FoundationCHARITABLE PURPOSES, UNRESTRICTED | Palm Beach, FL | $5K | 2023 |
| St Francis Desales Catholic ChurchCHARITABLE PURPOSES, UNRESTRICTED | Beckley, WV | $5K | 2023 |
| Beckley United Methodist ChurchCHARITABLE PURPOSES, UNRESTRICTED | Beckley, WV | $5K | 2023 |
| The United Way Of Palm Beach CountyCHARITABLE PURPOSES, UNRESTRICTED | Boynton Beach, FL | $5K | 2023 |
| The United Way Of Southern West VirginiaCHARITABLE PURPOSES, UNRESTRICTED | Beckley, WV | $4K | 2023 |
| Braylie WisemanSCHOLARSHIP | Shady Spring, WV | $3K | 2023 |
| William AdkinsSCHOLARSHIP | Beckley, WV | $3K | 2023 |
| Madison BranhamSCHOLARSHIP | Beckley, WV | $3K | 2023 |
| Sydney VaughtSCHOLARSHIP | Beckley, WV | $3K | 2023 |
| Mackenzie HoltSCHOLARSHIP | Auburndale, FL | $3K | 2023 |
| Blazek MichaelSCHOLARSHIP | Beckley, WV | $3K | 2023 |
| Sophia KapsosSCHOLARSHIP | Jupiter, FL | $3K | 2023 |
| Maria Alice CalaisSCHOLARSHIP | Okeechobee, FL | $3K | 2023 |
| Daria HernandezSCHOLARSHIP | Weston, FL | $3K | 2023 |
| Lucas WardSCHOLARSHIP | Deland, FL | $3K | 2023 |
| Isaiah AshSCHOLARSHIP | Salem, WV | $3K | 2023 |
| Morgan WalkerSCHOLARSHIP | Welch, WV | $3K | 2023 |
| Bria BlumeSCHOLARSHIP | Beckley, WV | $3K | 2023 |
| Rachel FeldhakeSCHOLARSHIP | Beaver, WV | $3K | 2023 |
| Josie L HillSCHOLARSHIP | Henderson, WV | $3K | 2023 |
| Andrew JenkinsSCHOLARSHIP | Princeton, WV | $3K | 2023 |
| Jillian MitchellSCHOLARSHIP | Shady Spring, WV | $3K | 2023 |
| Connor Blaze WhiteSCHOLARSHIP | Pageton, FL | $3K | 2023 |
| Chase BraggSCHOLARSHIP | Fayetteville, WV | $3K | 2023 |
| The United Way Of Broward CountyCHARITABLE PURPOSES, UNRESTRICTED | Fort Lauderdale, FL | $3K | 2023 |
| Kayla TylerSCHOLARSHIP | Beckley, WV | $3K | 2023 |