The Albert M Covelli Foundation
The Albert M Covelli Foundation is a private foundation based in Warren, Ohio. In its 2025 filing, it reported grants to charitable organizations including schools, hospitals, child-welfare organizations, and a veterans museum.
The Albert M Covelli Foundation at a glance
In short: The Albert M Covelli Foundation gave $450K across 35 grants in 2025 (avg $13K), mostly in Florida. 14% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $449,750
- +22.4% vs 2024
- Grants made (2025)
- 35
- +16.7% vs 2024
- Average grant
- $12,850
- +4.9% vs 2024
- Median grant
- $5,000
- Total assets
- $7,873,763
- +2.4% vs 2024
- New grantees (estimate)
- 14% first-time grantees (5 of 35, 2025)
- Primary geography
- Florida (53% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to The Albert M Covelli Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 3900 E Market Street, Warren, OH 44484
Phone: (330) 856-3176
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who The Albert M Covelli Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was John F Kennedy Catholic School ($67K). Together the top 10 received $339K.
Grant Size Distribution
146 grants across all recorded years
The most common grant size was under $50K: 127 grants of 146 (87%).
Geographic Focus
Where this funder awards grants
In 2025, 53% of grant dollars went to recipients in Florida, 46% to recipients in Ohio, and 1% to recipients in Nebraska.
Grant Distribution by State
Share of 2025 grant dollars across all 35 itemized grants.
Cities
Is The Albert M Covelli Foundation open to new grantees?
14%
first-time grantees, 2025
In 2025, 5 of 35 grantees (14%) were first-time recipients. First grants averaged $9K; repeat grants $14K. How we count
Medians: $5K first-time, $6K repeat.
- 80% of 2025 grantees were also funded in 2024. Method
- Giving held roughly steady from 2022 to 2025 (+6%). Method
- In 2025 it paid out 106% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $316K (2021) to $450K (2025). In 2025 it made 35 grants totaling $450K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| John F Kennedy Catholic School Warren, OH | Charitable | $66,750 |
| Cleveland Clinic Stuart, FL | Charitable | $50,000 |
| Foundation for Foster Children Winter Park, FL | Charitable | $50,000 |
| Orlando Health Foundation Orlando, FL | Charitable | $50,000 |
| St Joseph Hospital Foundation Tampa, FL | Charitable | $30,000 |
| National Veterans Memorial & Museum Columbus, OH | Charitable | $25,000 |
| Nationwide Childrens Hospital Columbus, OH | Charitable | $20,000 |
| Envision Excellence in STEM Education Mentor, OH | Charitable | $20,000 |
| St Teresa of Calcutta Parish Warren, OH | Charitable | $15,000 |
| Zoo Tampa Tampa, FL | Charitable | $12,500 |
Ready to take the next step with The Albert M Covelli Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $7,873,763 | $744,077 | $562,919 | $449,750 | 35 | $449,950 | $674,097 | $425,780 |
| 2024 | $7,692,605 | $1,724,831 | $449,699 | $367,500 | 30 | $367,700 | $1,644,877 | $388,614 |
| 2023 | $6,429,810 | $404,566 | $465,416 | $391,500 | 29 | $391,700 | $330,120 | $368,564 |
| 2022 | $6,494,516 | $245,727 | $511,425 | $422,500 | 27 | $422,890 | $166,868 | $388,995 |
| 2021 | $6,759,932 | $608,127 | $405,175 | $315,500 | 25 | $315,896 | $528,035 | $420,934 |
| 2020 | $6,558,914 | $345,317 | $475,378 | $402,900 | 16 | — | $272,650 | $353,568 |
Under IRS private-foundation payout rules, The Albert M Covelli Foundation reported a distributable amount of $426K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No foundation mission statement is provided. Its 2025 grants included organizations whose stated missions involve children’s health and well-being, foster-care support, STEM education, and services for children and families affected by cancer or chronic blood disorders. For example, the Foundation for Foster Children says its mission is to create meaningful connections for children in foster care through personalized support. Envision Excellence in STEM Education says it supports STEM education for students from prekindergarten through grade 20, with an emphasis on underserved students.
Grantmaking
In 2025, the foundation made 35 grants totaling $449,750. Grants ranged from $500 to $66,750, with a median of $5,000.
Among its largest 2025 grants were $66,750 to John F Kennedy Catholic School, $50,000 each to Cleveland Clinic, Foundation for Foster Children, and Orlando Health Foundation, and $30,000 to St Joseph Hospital Foundation. Other grants included $25,000 to National Veterans Memorial & Museum and $20,000 each to Nationwide Children’s Hospital and Envision Excellence in STEM Education. Nationwide Children’s Hospital describes its mission as providing high-quality care and promoting child wellness, while the Orlando Health Foundation says it supports Orlando Health’s strategic priorities through philanthropy.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Josephine Covelli, Annette Ford, and Sam Covelli as trustees.
The Albert M Covelli Foundation's 2025 filing lists 3 officers; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Annette Ford
Trustee
On filings since 2020
0.5 hrs/week
No compensation reported
Josephine Covelli
Trustee
On filings since 2020
No compensation reported
Sam Covelli
Trustee
On filings since 2020
0.5 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about The Albert M Covelli Foundation
How much does The Albert M Covelli Foundation give each year?
The Albert M Covelli Foundation gave $450K across 35 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $368K across 30 grants.
What is The Albert M Covelli Foundation's typical grant size?
The Albert M Covelli Foundation's median grant in 2025 was $5,000, and its average grant was $12,850, across 35 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from The Albert M Covelli Foundation that year got $9K on average.
Where does The Albert M Covelli Foundation give grants?
The Albert M Covelli Foundation gives mostly in Florida: 53% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Ohio (46%). The most frequent recipient cities were Warren, OH (8 grants), Stuart, FL (8 grants), Tampa, FL (3 grants) and Winter Park, FL (2 grants).
Does The Albert M Covelli Foundation give general operating support?
Not in 2025: none of the 35 grants with a stated purpose on The Albert M Covelli Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charitable" (35 grants).
Who are The Albert M Covelli Foundation's largest grantees?
The Albert M Covelli Foundation's largest 2025 grantees include John F Kennedy Catholic School ($66,750), Cleveland Clinic ($50,000) and Foundation for Foster Children ($50,000), according to its 2025 IRS Form 990-PF. Together they received 37% of its itemized 2025 grant dollars.
How large is The Albert M Covelli Foundation?
The Albert M Covelli Foundation reported $7.9M in total assets on its 2025 IRS Form 990-PF. It paid out $450K in qualifying distributions that year, against a required minimum of $426K (roughly 5% of its investment assets).
What does The Albert M Covelli Foundation fund?
No foundation mission statement is provided. Its 2025 grants included organizations whose stated missions involve children’s health and well-being, foster-care support, STEM education, and services for children and families affected by cancer or chronic blood disorders. See mission & focus areas ↑
How do I apply for a grant from The Albert M Covelli Foundation?
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is The Albert M Covelli Foundation's EIN?
The Albert M Covelli Foundation's EIN (Employer Identification Number) is 34-1383117. IRS Form 990 filing data is available on this page for 2020–2025.
Does The Albert M Covelli Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 13, 2026)
- IRS filings on file for fiscal years 2020–2024
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Cite this profile
Grantable. (2026). The Albert M Covelli Foundation funder profile. GrantGraph. Retrieved October 10, 2026, from https://grantable.co/funders/the-albert-m-covelli-foundation-morg_a13cad675e014c438139e710efa1db09
BibTeX
@misc{grantable_341383117_2026,
author = {{Grantable}},
title = {{The Albert M Covelli Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/the-albert-m-covelli-foundation-morg_a13cad675e014c438139e710efa1db09},
note = {Accessed 2026-10-10. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from The Albert M Covelli Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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