Ciccolo Family Foundation Inc logo

Ciccolo Family Foundation Inc

BOSTON, MA EIN: 22-2975713 Website

Ciccolo Family Foundation Inc is a private independent foundation based in Boston, Massachusetts, established in 2000. The foundation operates as a 501(c)(3) philanthropic organization dedicated to making charitable contributions to qualified charities across multiple focus areas.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.3M

+10.1% YoY

Annual Giving

$520K

+11.2% YoY

Grant Count

64

+4.9% YoY

Avg Grant Size

$8K

+6.0% YoY

Under IRS private-foundation payout rules, Ciccolo Family Foundation Inc reported a distributable amount of $86K for 2024 — the minimum it must pay out in qualifying distributions.

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

Mission & Focus Areas

The foundation supports initiatives in the following areas:

  • Arts & Culture
  • Community Development
  • Education
  • Environment
  • Health & Wellness

The foundation maintains a particular commitment to Greater Boston as its home region while also funding projects nationally.

Grantmaking

The foundation indicates it is open to new applicants, with approximately 12% of new applicants receiving funding.

Grant Range

$34,000

Average Grant

$34,000

How to Apply

**

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Geographic Focus

Where this funder awards grants

The foundation funds projects across multiple states, with primary geographic focus areas including:

  • Massachusetts
  • New York
  • New Hampshire
  • Florida
  • Maine

Greater Boston serves as a particular area of emphasis for the foundation's grantmaking.

Grant Distribution by State

8states

Cities

ActonAllstonArlingtonBeverlyBonita SpringsBostonBozemanBraintreeBrightonCambridgeConcordDuxburyEast BostonFort MyersGoffstownLawrenceLexingtonLincolnLowellNaples

Financial History

Multi-year comparison from IRS filings

Metric Amount
Total Assets (2024) $1,314,852
Total Revenue (2024) $654,000
Total Expenses (2024) $534,000
Total Giving (2024) $520,472
Total Liabilities (2024) $0

The foundation has maintained consistent financial activity since its establishment, with assets growing modestly over time.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$217K$434K$651K$868K20202021202220232024
Metric202420232022
Total Assets$1,314,852$1,193,962$954,028
Revenue$654,431$718,679$789,416
Expenses$533,541$478,745$498,468
Qualifying Distributions$521,197$468,256$487,700
Net Investment Income$32,534$8,859$785
Distributable Amount$86,343$79,442$62,101

Giving Over Time

Total grant dollars and number of grants per year

$0$130K$260K$390K$520K51 grants202054 grants202162 grants202261 grants202364 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Mass General Hospital$75KNortheastern University$50KBoston Arts Academy Foun…$25KGlobal Smile Foundation$21KGreater Boston Food Bank$20KAllston Brighton CDC$10KFood Link MA$10KJust Zero$10KMETCO College Scholarshi…$10KRosie's Place$10K

Grant Size Distribution

250 grants across all recorded years

244<$50K6$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Mass General Hospital ($75,000), Northeastern University ($50,000), Boston Arts Academy Foundation ($25,000).

RecipientPurposeAmount
Alliance for Children Foundation NEEDHAM, MAGENERAL PURPOSE$3,000
Allston Brighton CDC BRIGHTON, MAGENERAL PURPOSE$10,000
A Better City BOSTON, MAGENERAL PURPOSE$2,500
Archbishop Williams High School braintree, MAGENERAL PURPOSE$1,000
Battlegreen Run Foundation LEXINGTON, MAGENERAL PURPOSE$2,500
Boston Area Gleaners ACTON, MAGENERAL PURPOSE$2,500
Boston Arts Academy Foundation BOSTON, MAGENERAL PURPOSE$25,000
Communities for Restorative Justice boston, MAGENERAL PURPOSE$2,000
Community Endowment of Lexington NATICK, MAGENERAL PURPOSE$2,500
Conservation Law Foundation BOSTON, MAGENERAL PURPOSE$5,000

Leadership & Key People

Leadership team and compensation from IRS filings

  • Raymond J. Ciccolo – President and Treasurer (serves without compensation)
  • Peter E. Mullane – Clerk (serves without compensation)

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
RAYMOND J CICCOLOPRESIDENT/TREASURER
PETER E MULLANECLERK

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What does Ciccolo Family Foundation Inc fund?

The foundation supports initiatives in the following areas: • Arts & Culture • Community Development • Education • Environment • Health & Wellness The foundation maintains a particular commitment to Greater Boston as its home region while also funding projects nationally.

How do I apply for a grant from Ciccolo Family Foundation Inc?

**Grant Activity:** • Total giving in 2024: $520,472 • Total assets: $1,314,852 (as of 2024) • Typical award range: $500–$75,000 • Average grant size: $34,000 • The foundation reports making charitable contributions to various qualified charities **Application Process:** The foundation indicates it is open to new applicants, with approximately 12% of new applicants receiving funding.

Where does Ciccolo Family Foundation Inc make grants?

The foundation funds projects across multiple states, with primary geographic focus areas including: • Massachusetts • New York • New Hampshire • Florida • Maine Greater Boston serves as a particular area of emphasis for the foundation's grantmaking.

What size grants does Ciccolo Family Foundation Inc award?

In 2024, Ciccolo Family Foundation Inc awarded 64 grants totaling $520K — an average of about $8K per grant, based on its IRS Form 990 filings.

How much is Ciccolo Family Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Ciccolo Family Foundation Inc reported a distributable amount of $86K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Ciccolo Family Foundation Inc's EIN?

Ciccolo Family Foundation Inc's EIN (Employer Identification Number) is 22-2975713. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

Browse active grant opportunities in Ciccolo Family Foundation Inc's focus areas in our free grants database

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

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