The James & Coralie Centofanti Charitable Foundation is a private foundation based in Youngstown, Ohio. Established in May 1998, the foundation was created by James Centofanti, a successful business owner, philanthropist, and horseman from Canfield, Ohio, and his wife Coralie. James Centofanti was a long-time member of the Board of Directors of Farmers National Bank in Canfield and was recognized for his humanitarian efforts and support of educational and community-based activities in the Canfield area. He passed away in 2010, and Coralie died in 1999.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$6.8M
+2.2% YoY
Annual Giving
$504K
+19.3% YoY
Grant Count
26
+18.2% YoY
Avg Grant Size
$19K
+1.0% YoY
Under IRS private-foundation payout rules, James & Coralie Centofanti reported a distributable amount of $326K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's grantmaking focuses on education, human services, and philanthropy. The foundation has demonstrated particular commitment to nursing education and support for vulnerable populations, as evidenced by its major gifts to nursing programs and health-related initiatives.
Grantmaking
The foundation requests a letter describing the purpose of the request, along with printed materials, brochures, and any other relevant information.
Grant Range
$5,000
How to Apply
**
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in Ohio, with a particular focus on the Youngstown and Mahoning Valley region.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
- Total Assets: $6,828,675
- Total Annual Giving: $503,600 (2024)
- Asset Ranking: Top 25% of foundations nationally (Rank #18,305 of 159,619)
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $6,828,675 | $6,682,018 | $6,478,189 |
| Revenue | $464,137 | $326,014 | $426,314 |
| Expenses | $586,200 | $499,148 | $618,601 |
| Qualifying Distributions | $503,600 | $422,048 | $524,000 |
| Net Investment Income | $381,537 | $248,914 | $331,713 |
| Distributable Amount | $326,200 | $316,825 | $343,140 |
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
133 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include United Way of Youngstown and the Mahoning Valley ($100,000), Ursuline Sisters of Youngstown ($100,000), Ysu Foundation ($100,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AMERICAN HEART ASSOCIATION YOUNGSTOWN, OH | CHARITABLE | $5,000 |
| CANFIELD FAIR FOUNDATION CANFIELD, OH | CHARITABLE | $30,000 |
| CANFIELD HISTORICAL SOCIETY CANFIELD, OH | CHARITABLE | $5,000 |
| CANFIELD SCHOOLS CANFIELD, OH | CHARITABLE | $18,600 |
| COLEMAN HEALTH SERVICES YOUNGSTOWN, OH | CHARITABLE | $18,000 |
| COMMUNITY FOUNDATION OF MAHONING VALLEY YOUNGSTOWN, OH | CHARITABLE | $2,000 |
| COMPASS FAMILY & COMMUNITY SERVICES YOUNGSTOWN, OH | CHARITABLE | $10,000 |
| DOROTHY DAY HOUSE YOUNGSTOWN, OH | CHARITABLE | $10,000 |
| FOCUS HIPPOTHEREPY CANFIELD, OH | CHARITABLE | $2,000 |
| GREATER YOUNGSTOWN ITALIAN FEST YOUNGSTOWN, OH | CHARITABLE | $1,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
- Mark Graham – Chair of the Distribution Committee; Farmers National Bank/Centofanti Foundation Trustee
- Joe Centofanti – James Centofanti's brother; Foundation Trustee
- David Centofanti – James Centofanti's son; Foundation Trustee
- Carol Potter – Foundation Trustee
- Kirsty Courso – Trust Administrator (Farmers Trust Company)
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| FARMERS TRUST COMPANY KIRSTY COURSO | TRUST ADMINISTRATOR | — | — |
Recent News & Activity
Recent developments and announcements
**Youngstown State University Nursing School (2020)**
Centofanti Gift to Kent State University Helps Complete Health and ScienceThe foundation pledged $1 million to support Youngstown State University's School of Nursing and to establish a scholarship for minority nursing students. The nursing school was renamed the James and Coralie Centofanti School of Nursing in recognition of this gift.
Centofanti Gift to Kent State University Helps Complete Health and Science**Centofanti Center of Health and Welfare for Vulnerable Populations (2012)**
The foundation pledged $1 million to establish the James and Coralie Centofanti Center of Health and Welfare for Vulnerable Populations at Youngstown State University.
Centofanti Gift to Kent State University Helps Complete Health and Science**Kent State University Salem (2013)**
Centofanti Gift to Kent State University Helps Complete Health and ScienceThe foundation committed $700,000 to complete the Health and Sciences Wing at Kent State University at Salem. The wing was named the James and Coralie Centofanti Hall pending Board of Trustees approval.
Centofanti Gift to Kent State University Helps Complete Health and Science**Health and Welfare Symposium (2017)**
The foundation awarded $500,000 to support a symposium related to health and welfare initiatives.
$1M Gift from Centofanti Foundation Supports YSU Nursing SchoolSubject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does James & Coralie Centofanti fund?
The foundation's grantmaking focuses on education, human services, and philanthropy. The foundation has demonstrated particular commitment to nursing education and support for vulnerable populations, as evidenced by its major gifts to nursing programs and health-related initiatives.
How do I apply for a grant from James & Coralie Centofanti?
**Grant Activity:** • Total assets: $6,828,675 • Total giving: $503,600 (as of 2024) • Median grant size: $5,000 • Grant range: $1,000 to $100,000 • Number of grants: 26 (recent filing) **Application Process:** The foundation requests a letter describing the purpose of the request, along with printed materials, brochures, and any other relevant information. **Approachability:** The foundation appears possibly open to applications and operates with limited staffing. Grant activity has been found…
Where does James & Coralie Centofanti make grants?
The foundation primarily funds organizations in Ohio, with a particular focus on the Youngstown and Mahoning Valley region.
What size grants does James & Coralie Centofanti award?
In 2024, James & Coralie Centofanti awarded 26 grants totaling $504K — an average of about $19K per grant, based on its IRS Form 990 filings.
How much is James & Coralie Centofanti required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, James & Coralie Centofanti reported a distributable amount of $326K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is James & Coralie Centofanti's EIN?
James & Coralie Centofanti's EIN (Employer Identification Number) is 31-6567000. IRS Form 990 filing data is available on this page for 2020–2024.
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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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