Caraccio Family Foundation

Private foundation · Grantmaker Wilmington, DE EIN: 83-1577597

Caraccio Family Foundation is a private foundation based in Wilmington, Delaware. Its 2024 filing reports grants to charitable organizations, including organizations working in youth programs, health, homelessness services, humanitarian assistance, and other areas.

Key facts about Caraccio Family Foundation

In short: Caraccio Family Foundation gave $179K across 20 grants in 2024 (avg $9K), mostly in California. Source: 2024 IRS Form 990-PF.

EIN
83-1577597
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$178,650
Grants made (2024)
20
Average grant
$8,933
Median grant
$1,000
Total assets
$4,214,586
Primary geography
California (93% of itemized 2024 grant dollars)
Accepts unsolicited proposals
No
How to apply
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Full details ↓

Data from IRS Form 990-PF, 2024; updated September 2026. Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$4.2M

-1.1% YoY

Annual Giving

$179K

+14.9% YoY

Grant Count

20

+233.3% YoY

Avg Grant Size

$9K

-65.5% YoY

Under IRS private-foundation payout rules, Caraccio Family Foundation reported a distributable amount of $163K for 2024 — the minimum it must pay out in qualifying distributions.

How Caraccio Family Foundation gives

  • Giving held roughly steady from 2021 to 2024 (+18%). Method
  • In 2024 it paid out 122% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

No mission statement for the foundation is provided. Its 2024 grants show support for organizations with varied missions. For example, Catholic Medical Mission Board describes its work as delivering locally sustainable health solutions worldwide, while Roof Above describes its mission as uniting the Charlotte community to end homelessness through services and housing. Friends of the World Food Program says it works to mobilize U.S. support for ending hunger, and Christian Appalachian Project describes its mission as service in Appalachia.

Grantmaking

In 2024, the foundation gave $178,650 through 20 grants. The median grant was $1,000; grants ranged from $200 to $120,000. The largest awards were $120,000 to Moral Values Program for general and unrestricted purposes and $39,750 to St Peter Evangelical Lutheran Church for its HIVE Youth Program. Other listed grants included $2,000 to Catholic Medical Mission Board and $1,500 each to Médecins Sans Frontières USA, Roof Above, and The Lamp Foundation.

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Geographic Focus

Where this funder awards grants

In 2024, California recipients received 93% of grant dollars. New York, Washington, D.C., North Carolina, and Maryland each accounted for 1%.

Grant Distribution by State

11states

Share of all 20 itemized 2024 grant dollars.

Cities

Santa AnaNew YorkCharlotteSacramentoGarden GroveHagerstownWashingtonArlington HtsFairfieldFullertonPaintsvilleSan DiegoBaltimoreBerkeleyBooneCarlsbadCoconut CreekMenifeeMontclairRedondo Beach

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K$200K7 grants202018 grants202112 grants20226 grants202320 grants2024

From 2020 to 2024, annual grant giving ranged from $130K (2020) to $179K (2024). In 2024 it made 20 grants totaling $179K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Moral Values Program: $120KMoral Values Program$120KSt Peter Evangelical Lutheran Church: $40KSt Peter Evangelical LutheranChurch$40KCatholic Medical Mission Board Inc: $2KCatholic Medical Mission BoardInc$2KNational Multiple Sclerosis Society: $2K across 2 grantsNational Multiple SclerosisSociety$2K · 2 grantsMedecins Sans Frontieres USA Inc: $2KMedecins Sans Frontieres USAInc$2KRoof Above Inc: $2KRoof Above Inc$2KThe Lamp Foundation Inc: $2KThe Lamp Foundation Inc$2KSt Lawrence Martyr School: $1KSt Lawrence Martyr School$1KChristian Appalachian Project Inc: $1KChristian Appalachian ProjectInc$1KFinca International Inc: $1KFinca International Inc$1K

The largest 2024 recipient was Moral Values Program ($120K). Together the top 10 received $171K.

Grant Size Distribution

63 grants across all recorded years

58<$50K$50–100K5$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 58 grants of 63 (92%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Moral Values Program Sacramento, CAGeneral & Unrestricted$120,000
St Peter Evangelical Lutheran Church Santa Ana, CAHIVE Youth Program$39,750
Catholic Medical Mission Board Inc New York, NYGeneral & Unrestricted$2,000
Medecins Sans Frontieres USA Inc Hagerstown, MDGeneral & Unrestricted$1,500
Roof Above Inc Charlotte, NCGeneral & Unrestricted$1,500
The Lamp Foundation Inc Montclair, NJGeneral & Unrestricted$1,500
St Lawrence Martyr School Redondo Beach, CAGeneral & Unrestricted$1,200
Christian Appalachian Project Inc Paintsville, KYGeneral & Unrestricted$1,000
Finca International Inc Washington, DCGeneral & Unrestricted$1,000
Foundation for Children in Need Inc Arlington HTS, ILGeneral & Unrestricted$1,000

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants Grant count
2024 $4,214,586 $159,375 $204,366 $178,650 20
2023 $4,259,577 $219,268 $178,225 $155,500 6
2022 $4,218,534 $106,906 $190,983 $166,595 12
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$200K$400K$600K20202021202220232024
Metric202420232022
Total Assets$4,214,586$4,259,577$4,218,534
Revenue$159,375$219,268$106,906
Expenses$204,366$178,225$190,983
Qualifying Distributions$198,631$175,090$185,934
Net Investment Income$159,242$220,368$117,369
Distributable Amount$162,666$204,515$207,157

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists James Thomas Caraccio as director and secretary; John Edward Caraccio, Laura Ghene Caraccio, Lisa Florene Caraccio, Mark Joseph Caraccio, and Paul Matthew Caraccio as directors; Terese Marie Caraccio as director and treasurer; Leonard William Caraccio Jr. as director and vice president; and Leonard William Caraccio Sr. as director and president.

Caraccio Family Foundation is led by Leonard William Caraccio Sr., Director & President on every filing since 2020; none of the 9 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Leonard William Caraccio Sr.

    Director & President

    On filings since 2020

    1 hr/week

    No compensation reported

  • James Thomas Caraccio

    Director & Secretary

    On filings since 2020

    1 hr/week

    No compensation reported

  • John Edward Caraccio

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Laura Ghene Caraccio

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Leonard William Caraccio Jr.

    Director & Vice President

    On filings since 2020

    1 hr/week

    No compensation reported

  • Lisa Florene Caraccio

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Mark Joseph Caraccio

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Paul Matthew Caraccio

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Terese Marie Caraccio

    Director & Treasurer

    On filings since 2020

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Contact

Mailing address: Foundation Source 501 Silverside Rd, Wilmington, DE 19809-1377
Phone: (800) 839-1754

Frequently asked questions about Caraccio Family Foundation

How much does Caraccio Family Foundation give each year?

Caraccio Family Foundation gave $179K across 20 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $156K across 6 grants.

What is Caraccio Family Foundation's typical grant size?

Caraccio Family Foundation's median grant in 2024 was $1,000, and its average grant was $8,933, across 20 grants on its 2024 IRS Form 990-PF.

Where does Caraccio Family Foundation give grants?

Caraccio Family Foundation gives mostly in California: 93% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Washington, DC (2 grants) and San Diego, CA (2 grants).

Does Caraccio Family Foundation give general operating support?

Yes: 70% of Caraccio Family Foundation's 2024 grants with a stated purpose (14 of 20) were for general or operating support, per its 2024 IRS Form 990-PF.

Who are Caraccio Family Foundation's largest grantees?

Caraccio Family Foundation's largest 2024 grantees include Moral Values Program ($120,000), St Peter Evangelical Lutheran Church ($39,750) and Catholic Medical Mission Board Inc ($2,000), according to its 2024 IRS Form 990-PF. Together they received 91% of its itemized 2024 grant dollars.

How large is Caraccio Family Foundation?

Caraccio Family Foundation reported $4.2M in total assets on its 2024 IRS Form 990-PF. It paid out $199K in qualifying distributions that year, against a required minimum of $163K (roughly 5% of its investment assets).

What does Caraccio Family Foundation fund?

No mission statement for the foundation is provided. Its 2024 grants show support for organizations with varied missions. See mission & focus areas ↑

How do I apply for a grant from Caraccio Family Foundation?

The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Caraccio Family Foundation's EIN?

Caraccio Family Foundation's EIN (Employer Identification Number) is 83-1577597. IRS Form 990 filing data is available on this page for 2020–2024.

Does Caraccio Family Foundation accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

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