The Francesco and Mary Giambelli Foundation Inc
The Francesco and Mary Giambelli Foundation is a private foundation based in Wilmington, Delaware. It makes grants to charitable organizations and describes its mission as continuing Francesco and Mary Giambelli’s charitable work and perpetuating their memory and the Italian culture they promoted.
The Francesco and Mary Giambelli Foundation Inc at a glance
In short: The Francesco and Mary Giambelli Foundation Inc gave $1.8M across 66 grants in 2024 (avg $27K), mostly in New York. 55% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $1,769,183
- +0.6% vs 2023
- Grants made (2024)
- 66
- +13.8% vs 2023
- Average grant
- $26,806
- -11.6% vs 2023
- Median grant
- $17,500
- Total assets
- $26,413,250
- -4.2% vs 2023
- New grantees (estimate)
- 55% first-time grantees (36 of 66, 2024)
- Primary geography
- New York (93% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to The Francesco and Mary Giambelli Foundation Inc
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states on its 2024 filing that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Its website describes a letter of inquiry as a brief statement of the issues to be addressed, the organization’s history and goals, and its involvement with those issues. Proposals are submitted only upon request. The foundation says research initiatives, endowments, and capital-building projects may be considered when combined with a naming opportunity in memory of Francesco and Mary Giambelli.
- Contact
Mailing address: Foundation Source 501 Silverside Rd, Wilmington, DE 19809-1377
Phone: (800) 839-1754
Website: https://giambellifoundation.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who The Francesco and Mary Giambelli Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Culinary Institute of America ($200K). Together the top 10 received $761K.
Grant Size Distribution
288 grants across all recorded years
The most common grant size was under $50K: 206 grants of 288 (72%).
Geographic Focus
Where this funder awards grants
The 2024 filing reports that recipients in New York received 93% of grant dollars and recipients in Washington, DC, received 4%. It also reports 1% for Maryland, 0% for New Jersey, and 1% for an unspecified recipient-state category.
Grant Distribution by State
Share of 2024 grant dollars across all 66 itemized grants.
Cities
Is The Francesco and Mary Giambelli Foundation Inc open to new grantees?
55%
first-time grantees, 2024
In 2024, 36 of 66 grantees (55%) were first-time recipients. First grants averaged $19K; repeat grants $36K. How we count
Medians: $10K first-time, $23K repeat.
- 41% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (+0%). Method
- In 2024 it paid out 107% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). 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 2024, annual grant giving ranged from $1.5M (2020) to $2.1M (2022). In 2024 it made 66 grants totaling $1.8M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Culinary Institute of America Hyde Park, NY | General & Unrestricted | $200,000 |
| Catholic Faith Network Uniondale, NY | General & Unrestricted | $95,000 |
| Columbus Citizens Foundation Inc New York, NY | General & Unrestricted | $87,000 |
| Bishop Loughlin Memorial High School Brooklyn, NY | General & Unrestricted | $60,000 |
| Catholic Charities NY Second Century Fund New York, NY | General & Unrestricted | $60,000 |
| National Italian American Foundation Inc Washington, DC | General & Unrestricted | $59,338 |
| Archbishop Molloy High School Briarwood, NY | General & Unrestricted | $50,000 |
| Fordham Preparatory School Bronx, NY | General & Unrestricted | $50,000 |
| Holy Cross High School of Bayside Flushing, NY | General & Unrestricted | $50,000 |
| Italian Welfare League Inc New York, NY | General & Unrestricted | $50,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $26,413,250 | $1,335,812 | $2,484,685 | $1,769,183 | 66 | $2,073,871 | $956,388 | $1,940,344 |
| 2023 | $27,563,815 | $423,658 | $2,412,577 | $1,758,714 | 58 | $1,901,659 | $85,375 | $1,774,359 |
| 2022 | $29,074,113 | $999,941 | $2,818,762 | $2,116,023 | 67 | $2,217,960 | $472,817 | $1,869,125 |
| 2021 | $30,864,156 | $2,860,138 | $2,480,712 | $1,767,750 | 57 | $1,846,223 | $2,218,317 | $2,210,078 |
| 2020 | $30,582,435 | $1,459,390 | $2,087,626 | $1,452,005 | 40 | — | $853,849 | $1,822,879 |
Under IRS private-foundation payout rules, The Francesco and Mary Giambelli Foundation Inc reported a distributable amount of $1.9M for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The foundation’s stated mission includes continuing the charitable lifetime works of Francesco and Mary Giambelli and perpetuating their memory and Italian culture. It says it supports organizations advancing Italian culture, education and scholarships, healthcare and medical research, and providing food to people in need. Its eligibility description includes religious, scientific, literary, educational, and other charitable purposes.
Examples of 2024 grantees illustrate the range of organizations supported. The Culinary Institute of America, which received $200,000, describes itself as a college focused on education, practice, and scholarship related to food. The National Italian American Foundation, which received $59,338, describes its work as promoting Italian American culture and heritage through educational and youth programs, including scholarships. Student Sponsor Partners, a $50,000 recipient, says it uses education and mentorship to support New York City youth; Mommas Inc, also a $50,000 recipient, describes itself as a residential program for young mothers and their children, with emergency shelter for homeless young women with children.
Grantmaking
The foundation reported 66 grants totaling $1,769,183 in 2024. Grant amounts ranged from $830 to $200,000, with a median of $17,500. It reported 58 grants totaling $1,758,714 in 2023 and 67 grants totaling $2,116,023 in 2022.
Among its largest 2024 grants were $200,000 to the Culinary Institute of America; $95,000 to Catholic Faith Network; $87,000 to Columbus Citizens Foundation; and $60,000 each to Bishop Loughlin Memorial High School and Catholic Charities NY Second Century Fund. These grants were listed as general and unrestricted.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Angelo Vivolo as director and president; Justine DeVito Tenney as director and treasurer; Jami DeVellis as director and secretary; and Claudio DeVellis as director and vice president.
The Francesco and Mary Giambelli Foundation Inc is led by Angelo Vivolo, Director & President on every filing since 2020; 3 of 4 officers listed in 2024 are compensated.
Officers on the 2024 filing
Angelo Vivolo
Director & President
On filings since 2020
5 hrs/week
$50K (2020) → $25K (2024)
Justine Devito Tenney
Director & Treasurer
On filings since 2020
6 hrs/week
$50K (2020) → $25K (2024)
Jami Devellis
Director & Secretary
Director → Director & Secretary, 2024
On filings since 2023
3 hrs/week
$50K (2023) → $25K (2024)
Claudio Devellis
Director & Vice President
Director & Secretary → Director & Vice President, 2024
On filings since 2021
1 hr/week
No compensation reported
Former officers (1)
- Former: Claudio De Vellis (2020) — Director & Secretary
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $25K, to Angelo Vivolo (Dir, Pres). 3 officers or directors reported compensation on that filing.
Frequently asked questions about The Francesco and Mary Giambelli Foundation Inc
How much does The Francesco and Mary Giambelli Foundation Inc give each year?
The Francesco and Mary Giambelli Foundation Inc gave $1.8M across 66 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $1.8M across 58 grants.
What is The Francesco and Mary Giambelli Foundation Inc's typical grant size?
The Francesco and Mary Giambelli Foundation Inc's median grant in 2024 was $17,500, and its average grant was $26,806, across 66 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from The Francesco and Mary Giambelli Foundation Inc that year got $19K on average.
Where does The Francesco and Mary Giambelli Foundation Inc give grants?
The Francesco and Mary Giambelli Foundation Inc gives mostly in New York: 93% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were New York, NY (20 grants), Bronx, NY (8 grants), Brooklyn, NY (5 grants) and Washington, DC (5 grants).
Does The Francesco and Mary Giambelli Foundation Inc give general operating support?
Yes: 100% of The Francesco and Mary Giambelli Foundation Inc's 2024 grants with a stated purpose (66 of 66) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are The Francesco and Mary Giambelli Foundation Inc's largest grantees?
The Francesco and Mary Giambelli Foundation Inc's largest 2024 grantees include Culinary Institute of America ($200,000), Catholic Faith Network ($95,000) and Columbus Citizens Foundation Inc ($87,000), according to its 2024 IRS Form 990-PF. Together they received 22% of its itemized 2024 grant dollars.
How large is The Francesco and Mary Giambelli Foundation Inc?
The Francesco and Mary Giambelli Foundation Inc reported $26.4M in total assets on its 2024 IRS Form 990-PF. It paid out $2.1M in qualifying distributions that year, against a required minimum of $1.9M (roughly 5% of its investment assets).
What does The Francesco and Mary Giambelli Foundation Inc fund?
The foundation’s stated mission includes continuing the charitable lifetime works of Francesco and Mary Giambelli and perpetuating their memory and Italian culture. See mission & focus areas ↑
How do I apply for a grant from The Francesco and Mary Giambelli Foundation Inc?
The foundation states on its 2024 filing that it 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 Francesco and Mary Giambelli Foundation Inc's EIN?
The Francesco and Mary Giambelli Foundation Inc's EIN (Employer Identification Number) is 46-3230605. IRS Form 990 filing data is available on this page for 2020–2024.
Does The Francesco and Mary Giambelli Foundation Inc 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
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS November 10, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 15, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS November 14, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS November 5, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS November 14, 2025)
- IRS filings on file for fiscal years 2020–2024
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Cite this profile
Grantable. (2026). The Francesco and Mary Giambelli Foundation Inc funder profile. GrantGraph. Retrieved October 23, 2026, from https://grantable.co/funders/the-francesco-and-mary-giambelli-foundation-inc-morg_135110d727ad4587a2341a2a2f180038
BibTeX
@misc{grantable_463230605_2026,
author = {{Grantable}},
title = {{The Francesco and Mary Giambelli Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/the-francesco-and-mary-giambelli-foundation-inc-morg_135110d727ad4587a2341a2a2f180038},
note = {Accessed 2026-10-23. 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 Francesco and Mary Giambelli Foundation Inc'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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