The Frank & Jean Iacovangelo Family
The Frank & Jean Iacovangelo Family is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $806K in total assets. In 2024, it awarded 38 grants totaling $200K. Net investment income was $124K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$806K
+3.3% YoY
Annual Giving
$200K
+28.3% YoY
Grant Count
38
+22.6% YoY
Avg Grant Size
$5K
+4.7% YoY
Under IRS private-foundation payout rules, The Frank & Jean Iacovangelo Family reported a distributable amount of $48K for 2024 — the minimum it must pay out in qualifying distributions.
About The Frank & Jean Iacovangelo Family
Based on IRS filings
The Frank & Jean Iacovangelo Family is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $806K in total assets. In 2024, it awarded 38 grants totaling $200K. Net investment income was $124K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $805,508 | $779,967 | $929,850 |
| Revenue | $241,149 | $20,843 | $35,669 |
| Expenses | $215,608 | $170,726 | $184,131 |
| Qualifying Distributions | $209,187 | $164,965 | $172,301 |
| Net Investment Income | $124,288 | $47,275 | $58,254 |
| Distributable Amount | $47,703 | $43,007 | $59,256 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
158 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Rochester Institute of Technology ($20,000), St Anns Home for the Aged ($20,000), St John Fisher University ($20,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ANGELS OF MERCY INC ROCHESTER, NY | General & Unrestricted | $5,000 |
| AQUINAS INSTITUTE OF ROCHESTER ROCHESTER, NY | Shamrock Week | $3,000 |
| AURORA HOUSE OF WESTERN MONROECOUNTY INC SPENCERPORT, NY | General & Unrestricted | $2,000 |
| BREAST CANCER COALITION OF ROCHESTER INC ROCHESTER, NY | Charitable Event | $5,000 |
| BREAST CANCER COALITION OF ROCHESTER INC ROCHESTER, NY | General & Unrestricted | $3,500 |
| CASA OF ROCHESTER-MONROE COUNTY INC ROCHESTER, NY | General & Unrestricted | $5,000 |
| CATHOLIC UNIVERSITY OF AMERICA WASHINGTON, DC | General & Unrestricted | $2,500 |
| CENTER FOR YOUTH SERVICES INC ROCHESTER, NY | Fund for City Lights 2024 | $5,000 |
| FOOD FOR THE POOR INC COCONUT CREEK, FL | General & Unrestricted | $5,000 |
| FOUNDATION OF THE MONROE COUNTY BAR ROCHESTER, NY | Jazz For Justice and Raise the Bar Funds | $3,400 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Elena Frances Cariola | Dir, VP | 1 | — |
| Frank B Iacovangelo | Pres, Dir, Sec | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Frank & Jean Iacovangelo Family?
The Frank & Jean Iacovangelo Family is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. It holds $806K in total assets as of 2024.
How large is The Frank & Jean Iacovangelo Family?
As of 2024, The Frank & Jean Iacovangelo Family holds $806K in total assets with $241K in annual revenue. It awarded 38 grants totaling $200K in 2024.
Where does The Frank & Jean Iacovangelo Family operate?
The Frank & Jean Iacovangelo Family has awarded grants in California, District of Columbia, Florida, New York, Pennsylvania, Virginia.
What size grants does The Frank & Jean Iacovangelo Family award?
In 2024, The Frank & Jean Iacovangelo Family awarded 38 grants totaling $200K — an average of about $5K per grant, based on its IRS Form 990 filings.
How much is The Frank & Jean Iacovangelo Family required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Frank & Jean Iacovangelo Family reported a distributable amount of $48K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Frank & Jean Iacovangelo Family's EIN?
The Frank & Jean Iacovangelo Family's EIN (Employer Identification Number) is 30-0204918. IRS Form 990 filing data is available on this page for 2019–2024.
Explore Open Grants
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.