The Francesco and Mary Giambelli Foundation Inc logo

The Francesco and Mary Giambelli Foundation Inc

Private foundation · Grantmaker Wilmington, DE EIN: 46-3230605 Website

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.

Key facts about The Francesco and Mary Giambelli Foundation Inc

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.

EIN
46-3230605
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$1,769,183
Grants made (2024)
66
Average grant
$26,806
Median grant
$17,500
New grantees (estimate)
55% first-time grantees (36 of 66, 2024)
Total assets
$26,413,250
Primary geography
New York (93% of itemized 2024 grant dollars)
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. Full details ↓

Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$26.4M

-4.2% YoY

Annual Giving

$1.8M

+0.6% YoY

Grant Count

66

+13.8% YoY

Avg Grant Size

$27K

-11.6% YoY

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.

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.

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.

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.

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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

9states

Share of 2024 grant dollars across all 66 itemized grants.

Cities

New YorkBrooklynBronxGlen CoveWashingtonRockville CentreBethesdaGarden CityHyde ParkUniondaleBethpageBriarwoodBronxvilleMiamiOyster Bay CoveQueensWestburyWhitestoneElmhurstFresh Meadows

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$2M$3M40 grants2020 57 grants2021 67 grants2022 58 grants2023 66 grants2024

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.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Culinary Institute of America: $200KCulinary Institute of America$200KCatholic Faith Network: $95KCatholic Faith Network$95KColumbus Citizens Foundation Inc: $87KColumbus Citizens FoundationInc$87KBishop Loughlin Memorial High School: $60KBishop Loughlin Memorial HighSchool$60KCatholic Charities NY Second Century Fund: $60KCatholic Charities NY SecondCentury Fund$60KNational Italian American Foundation Inc: $59KNational Italian AmericanFoundation Inc$59KArchbishop Molloy High School: $50KArchbishop Molloy High School$50KFordham Preparatory School: $50KFordham Preparatory School$50KHoly Cross High School of Bayside: $50KHoly Cross High School ofBayside$50KItalian Welfare League Inc: $50KItalian Welfare League Inc$50K

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

206<$50K67$50–100K14$100–250K1$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 206 grants of 288 (72%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Culinary Institute of America Hyde Park, NYGeneral & Unrestricted$200,000
Catholic Faith Network Uniondale, NYGeneral & Unrestricted$95,000
Columbus Citizens Foundation Inc New York, NYGeneral & Unrestricted$87,000
Bishop Loughlin Memorial High School Brooklyn, NYGeneral & Unrestricted$60,000
Catholic Charities NY Second Century Fund New York, NYGeneral & Unrestricted$60,000
National Italian American Foundation Inc Washington, DCGeneral & Unrestricted$59,338
Archbishop Molloy High School Briarwood, NYGeneral & Unrestricted$50,000
Fordham Preparatory School Bronx, NYGeneral & Unrestricted$50,000
Holy Cross High School of Bayside Flushing, NYGeneral & Unrestricted$50,000
Italian Welfare League Inc New York, NYGeneral & Unrestricted$50,000

Financial History

Multi-year comparison from IRS filings

Filing year Grant total Number of grants
2024 $1,769,183 66
2023 $1,758,714 58
2022 $2,116,023 67
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$2M$3M$4M2020 2021 2022 2023 2024
Metric202420232022
Total Assets$26,413,250$27,563,815$29,074,113
Revenue$1,335,812$423,658$999,941
Expenses$2,484,685$2,412,577$2,818,762
Qualifying Distributions$2,073,871$1,901,659$2,217,960
Net Investment Income$956,388$85,375$472,817
Distributable Amount$1,940,344$1,774,359$1,869,125

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS November 10, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS November 15, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS November 14, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS November 5, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS November 14, 2025)
  6. IRS filings on file for fiscal years 2020–2024

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

Angelo Vivolo — Dir, Pres: $25KAngelo VivoloDir, Pres$25KJustine Devito Tenney — Dir, Treas: $25KJustine Devito TenneyDir, Treas$25KJami Devellis — Dir, Sec: $25KJami DevellisDir, Sec$25K

The highest reported compensation on the 2024 filing was $25K, to Angelo Vivolo (Dir, Pres). 3 officers or directors reported compensation on that filing.

Contact

Mailing address: Foundation Source 501 Silverside Rd, Wilmington, DE 19809-1377
Phone: (800) 839-1754
Website: https://giambellifoundation.org

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.

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