Costas Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in KEY LARGO, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $5.1M in total assets. In 2024, it awarded 12 grants totaling $225K. Net investment income was $1.9M.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$5.1M
+79.0% YoY
Annual Giving
$225K
+66.7% YoY
Grant Count
12
+50.0% YoY
Avg Grant Size
$19K
+11.1% YoY
Under IRS private-foundation payout rules, Costas Family Foundation reported a distributable amount of $201K for 2024 — the minimum it must pay out in qualifying distributions.
About Costas Family Foundation
Based on IRS filings
Costas Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in KEY LARGO, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $5.1M in total assets. In 2024, it awarded 12 grants totaling $225K. Net investment income was $1.9M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $5,125,838 | $2,863,033 | $2,069,534 |
| Revenue | $2,526,042 | $974,678 | $115,916 |
| Expenses | $242,922 | $139,430 | $132,804 |
| Qualifying Distributions | $229,410 | $139,095 | $125,000 |
| Net Investment Income | $1,933,877 | $174,343 | $114,026 |
| Distributable Amount | $200,842 | $126,773 | $125,894 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
40 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Harlem Children's Zone ($75,000), Monroe County Education Foundation ($25,000), Dream Charter School ($24,000).
| Recipient | Purpose | Amount |
|---|---|---|
| A BETTER CHANCE NEW YORK, NY | GENERAL SUPPORT | $20,000 |
| BOYS AND GIRLS CLUB OF MONMOUTH COUNTY ASBURY PARK, NJ | GENERAL SUPPORT | $10,000 |
| DREAM CHARTER SCHOOL NEW YORK, NY | GENERAL SUPPORT | $24,000 |
| GO PROJECT NEW YORK, NY | GENERAL SUPPORT | $10,000 |
| HARLEM CHILDREN'S ZONE NEW YORK, NY | GENERAL SUPPORT | $75,000 |
| MONROE COUNTY EDUCATION FOUNDATION MONROE, NJ | GENERAL SUPPORT | $25,000 |
| NJ LEEP NEWARK, NJ | GENERAL SUPPORT | $10,000 |
| PHILADELPHIA CITY ROWING INC PLYMOUTH MEETING, PA | GENERAL SUPPORT | $12,000 |
| SEEDS - ACCESS CHANGES EVERYTHING NEWARK, NJ | GENERAL SUPPORT | $10,000 |
| THE LITERACY CENTER ALLENTOWN, PA | GENERAL SUPPORT | $4,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JOHN P COSTAS | PRESIDENT | 0.1 | — |
| BARBARA S COSTAS | SECRETARY AND TREASURER | 0.1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Costas Family Foundation?
Costas Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in KEY LARGO, FL. It holds $5.1M in total assets as of 2024.
How large is Costas Family Foundation?
As of 2024, Costas Family Foundation holds $5.1M in total assets with $2.5M in annual revenue. It awarded 12 grants totaling $225K in 2024.
Where does Costas Family Foundation operate?
Costas Family Foundation has awarded grants in Connecticut, New Jersey, New York, Pennsylvania.
What size grants does Costas Family Foundation award?
In 2024, Costas Family Foundation awarded 12 grants totaling $225K — an average of about $19K per grant, based on its IRS Form 990 filings.
How much is Costas Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Costas Family Foundation reported a distributable amount of $201K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Costas Family Foundation's EIN?
Costas Family Foundation's EIN (Employer Identification Number) is 27-0881014. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Costas Family Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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