Costello Family Foundation Inc
Costello Family Foundation Inc is a private foundation, based in PORTOLA VALLEY, CA. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $1.3M in total assets. In 2025, it awarded 8 grants totaling $85K. Net investment income was $94K.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$1.3M
+0.6% YoY
Annual Giving
$85K
-10.5% YoY
Grant Count
8
-20.0% YoY
Avg Grant Size
$11K
+11.8% YoY
Under IRS private-foundation payout rules, Costello Family Foundation Inc reported a distributable amount of $77K for 2025 — the minimum it must pay out in qualifying distributions.
About Costello Family Foundation Inc
Based on IRS filings
Costello Family Foundation Inc is a private foundation, based in PORTOLA VALLEY, CA. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $1.3M in total assets. In 2025, it awarded 8 grants totaling $85K. Net investment income was $94K.
Ready to take the next step with Costello Family Foundation Inc?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $1,303,961 | $1,296,177 | $1,312,937 |
| Revenue | $94,031 | $80,631 | $82,609 |
| Expenses | $86,246 | $97,391 | $77,738 |
| Qualifying Distributions | $85,125 | $95,000 | $76,231 |
| Net Investment Income | $94,031 | $80,631 | $82,609 |
| Distributable Amount | $76,944 | $77,435 | $75,135 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2025
Grant Size Distribution
45 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest include Americans Serving African Children ($20,000), CK-12 Foundation ($20,000), Foundation for a College Education ($20,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Americans Serving African Children Green Bay, WI | Education for sustainable farming | $20,000 |
| Boys & Girls Club of Greater San Diego San Diego, CA | Youth programs | $3,000 |
| CK-12 Foundation Menlo Park, CA | Online education resources | $20,000 |
| East County Youth Symphony El Cajon, CA | Youth music programs | $3,000 |
| Foundation for a College Education Palo Alto, CA | Education programs | $20,000 |
| Operation Bootstrap Africa Minneapolis, MN | Education programs | $10,000 |
| Room to Read San Francisco, CA | Education programs | $5,000 |
| Wells4Wellness Moline, IL | Builds wells in Africa | $4,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| GEORGE M COSTELLO | President | 1 | — |
| PETER W COSTELLO | SecTreas | 2 | — |
| LESLIE A COSTELLO | Vice Pres | 1 | — |
Frequently Asked Questions
How large is Costello Family Foundation Inc?
As of 2025, Costello Family Foundation Inc holds $1.3M in total assets with $94K in annual revenue. It awarded 8 grants totaling $85K in 2025.
Where does Costello Family Foundation Inc operate?
Costello Family Foundation Inc has awarded grants in California, Illinois, Minnesota, Texas, Utah, Wisconsin.
What size grants does Costello Family Foundation Inc award?
In 2025, Costello Family Foundation Inc awarded 8 grants totaling $85K — an average of about $11K per grant, based on its IRS Form 990 filings.
How much is Costello Family Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, Costello Family Foundation Inc reported a distributable amount of $77K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Costello Family Foundation Inc's EIN?
Costello Family Foundation Inc's EIN (Employer Identification Number) is 82-0464641. IRS Form 990 filing data is available on this page for 2021–2025.
Explore Open Grants
Browse active grant opportunities in Costello Family Foundation Inc'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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