Piccolo Family Charitable Foundationinc

Foundation · Grantmaker Malden, MA EIN: 05-0585675

Piccolo Family Charitable Foundation Inc is a private foundation based in Malden, Massachusetts. Founded in 2005, the foundation operates with no employees and focuses on charitable giving to support community organizations and educational initiatives.

Key facts about Piccolo Family Charitable Foundationinc

EIN
05-0585675
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$114,500
Grants made (2024)
20
Average grant
$5,725
Median grant
$3,500
New grantees (estimate)
5% first-time grantees (1 of 20, 2024)
Total assets
$1,408,491
Primary geography
Massachusetts (93% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).

Who Piccolo Family Charitable Foundationinc funds

By grant dollars, the top recipient states for Piccolo Family Charitable Foundationinc's 20 itemized 2024 grants were Massachusetts (93%). The most frequent recipient cities were Malden, MA (7 grants) and Melrose, MA (4 grants). None of its 20 grants with a stated purpose were described as general or operating support. Recurring purposes include "Provide Funds to Support the Entity's Charitable Work" (20 grants).

Is Piccolo Family Charitable Foundationinc open to new grantees?

5%

first-time grantees, 2024

In 2024, 1 of 20 grantees (5%) were first-time recipients. First grants averaged $2K; repeat grants $6K. How we count

Medians: $2K first-time, $4K repeat.

  • 95% of 2024 grantees were also funded in 2023. Method
  • Giving held roughly steady from 2021 to 2024 (−13%). Method

Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.4M

+3.0% YoY

Annual Giving

$115K

-28.4% YoY

Grant Count

20

-13.0% YoY

Avg Grant Size

$6K

-17.7% YoY

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

Mission & Focus Areas

The foundation's primary mission is to provide funds supporting charitable work through grants to 501(c)(3) organizations, Melrose and Malden city agencies, and scholarships for deserving students.

The foundation's funding priorities include:

  • Education
  • Philanthropy, Voluntarism & Grantmaking
  • Human Services

Grantmaking

The foundation awarded 28 grants in its most recent reporting period, with a giving rate of 11.7%.

Grant Range

$500–$32,500

Average Grant

amount: $6,841

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Geographic Focus

Where this funder awards grants

The foundation primarily funds organizations in Massachusetts, South Carolina, and Ohio, with particular emphasis on local initiatives in Melrose and Malden.

Grant Distribution by State

5states

Share of all 20 itemized 2024 grant dollars.

Cities

MaldenMelroseBostonNorwoodOxfordEverettLexingtonFraminghamSomervilleStorrsSalemBeverlyClemsonLewistonRoxbury CrossingWakefieldWorcester

Financial History

Multi-year comparison from IRS filings

Most Recent Financial Data (2024):

  • Total Assets: $1,408,491
  • Total Giving: $114,500
  • Total Revenue: $117,699
  • Total Expenses: $191,939

Previous Year (2023):

  • Total Assets: $1,367,128
  • Total Giving: $160,000
  • Total Revenue: $149,257
  • Total Expenses: $239,960
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$66K$132K$198K$264K20202021202220232024
Metric202420232022
Total Assets$1,408,491$1,367,128$1,376,020
Revenue$117,699$149,257$151,607
Expenses$191,939$239,960$221,731
Qualifying Distributions$114,500$160,000$142,000
Net Investment Income$74,197$105,518$108,603
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

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

Giving Over Time

Total grant dollars and number of grants per year

$0$40K$80K$120K$160K14 grants202022 grants202123 grants202223 grants202320 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

The Pine Banks Park Foundation: $30KThe Pine Banks Park Foundation$30KMelrose High School Permanent Scholarship Fund: $20KMelrose High School PermanentScholarship Fund$20KMystic Valley Elder Services Inc: $10KMystic Valley Elder ServicesInc$10KMalden Overcoming Addiction: $7KMalden Overcoming Addiction$7KTailored for Success: $7KTailored for Success$7KCity of Melrose: $5KCity of Melrose$5KMalden Catholic High School: $5KMalden Catholic High School$5KMystic River Rugby Foundation: $5KMystic River Rugby Foundation$5KMystic Valley Regional Charter School: $5KMystic Valley Regional CharterSchool$5KMiami University: $4KMiami University$4K

Grant Size Distribution

102 grants across all recorded years

102<$50K$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 recipients include The Pine Banks Park Foundation ($30,000), Melrose High School Permanent Scholarship Fund ($20,000), Mystic Valley Elder Services Inc ($10,000).

RecipientPurposeAmount
THE PINE BANKS PARK FOUNDATION Malden, MAPROVIDE FUNDS TO SUPPORT THE ENTITY'S CHARITABLE WORK$30,000
MELROSE HIGH SCHOOL PERMANENT SCHOLARSHIP FUND Melrose, MAPROVIDE FUNDS TO SUPPORT THE ENTITY'S CHARITABLE WORK$20,000
MYSTIC VALLEY ELDER SERVICES INC Malden, MAPROVIDE FUNDS TO SUPPORT THE ENTITY'S CHARITABLE WORK$10,000
MALDEN OVERCOMING ADDICTION Malden, MAPROVIDE FUNDS TO SUPPORT THE ENTITY'S CHARITABLE WORK$6,500
TAILORED FOR SUCCESS Malden, MAPROVIDE FUNDS TO SUPPORT THE ENTITY'S CHARITABLE WORK$6,500
CITY OF MELROSE Melrose, MAPROVIDE FUNDS TO SUPPORT THE ENTITY'S CHARITABLE WORK$5,000
MALDEN CATHOLIC HIGH SCHOOL Malden, MAPROVIDE FUNDS TO SUPPORT THE ENTITY'S CHARITABLE WORK$5,000
MYSTIC RIVER RUGBY FOUNDATION Lexington, MAPROVIDE FUNDS TO SUPPORT THE ENTITY'S CHARITABLE WORK$5,000
MYSTIC VALLEY REGIONAL CHARTER SCHOOL Malden, MAPROVIDE FUNDS TO SUPPORT THE ENTITY'S CHARITABLE WORK$5,000
MIAMI UNIVERSITY Oxford, OHPROVIDE FUNDS TO SUPPORT THE ENTITY'S CHARITABLE WORK$4,000

Leadership & Key People

Leadership team and compensation from IRS filings

  • C. Henry Kezer, Esq. – President (1 hour per week, $5,000 compensation)
  • Laura L. Hodgin – Treasurer (1 hour per week, $5,000 compensation)
  • Deborah E. Gaff – Director (1 hour per week, $1,000 compensation)

Compensation Overview

From 2024 IRS filing

C Henry Kezer Esq — President: $5KC Henry Kezer EsqPresident$5KLaura L Hodgin — Treasurer: $5KLaura L HodginTreasurer$5KDeborah E Gaff — Director: $1KDeborah E GaffDirector$1K

From 2024 IRS filing

NameTitleHoursCompensation
C Henry Kezer EsqPresident1$5,000
Laura L HodginTreasurer1$5,000
Deborah E GaffDirector1$1,000

Contact Information

Address: 350 Main Street Malden, MA 02148

Phone: (781) 324-1231

Frequently Asked Questions

What does Piccolo Family Charitable Foundationinc fund?

The foundation's primary mission is to provide funds supporting charitable work through grants to 501(c)(3) organizations, Melrose and Malden city agencies, and scholarships for deserving students. The foundation's funding priorities include: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services

How do I apply for a grant from Piccolo Family Charitable Foundationinc?

**Grant Characteristics:** • Typical grant range: $500–$32,500 • Median grant amount: $3,670 • Average grant amount: $6,841 **Recent Grant Activity (2024):** • The Pine Banks Park Foundation: $30,000 • Mystic Valley Elder Services (MVES): $10,000 • Tailored For Success: $6,500 The foundation awarded 28 grants in its most recent reporting period, with a giving rate of 11.7%.

Where does Piccolo Family Charitable Foundationinc make grants?

The foundation primarily funds organizations in Massachusetts, South Carolina, and Ohio, with particular emphasis on local initiatives in Melrose and Malden.

What size grants does Piccolo Family Charitable Foundationinc award?

In 2024, Piccolo Family Charitable Foundationinc awarded 20 grants totaling $115K — an average of about $6K per grant, based on its IRS Form 990 filings.

What is Piccolo Family Charitable Foundationinc's EIN?

Piccolo Family Charitable Foundationinc's EIN (Employer Identification Number) is 05-0585675. IRS Form 990 filing data is available on this page for 2020–2024.

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

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