Piccolo Family Charitable Foundationinc

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.

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

Cities

BeverlyBostonClemsonEverettFraminghamLewistonLexingtonMaldenMelroseNorwoodOxfordRoxbury CrossingSalemSomervilleStorrsWakefieldWorcester

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

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 FOUN…$30KMELROSE HIGH SCHOOL PERM…$20KMYSTIC VALLEY ELDER SERV…$10KMALDEN OVERCOMING ADDICT…$7KTAILORED FOR SUCCESS$7KCITY OF MELROSE$5KMALDEN CATHOLIC HIGH SCH…$5KMYSTIC RIVER RUGBY FOUND…$5KMYSTIC VALLEY REGIONAL C…$5KMIAMI 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

No grants recorded for .

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 ESQPRESIDENT$5KLAURA L HODGINTREASURER$5KDEBORAH E GAFFDIRECTOR$1K

From 2024 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

Related Funders

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

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