The Iacocca Foundation
The Iacocca Foundation is a private foundation, based in Boston, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $190K in total assets. In 2024, it awarded 1 grant totaling $10K.
The Iacocca Foundation at a glance
In short: The Iacocca Foundation gave $10K across 1 grant in 2024 (avg $10K), mostly in Maine. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $10,000
- -64.3% vs 2023
- Grants made (2024)
- 1
- +0.0% vs 2023
- Average grant
- $10,000
- -64.3% vs 2023
- Median grant
- $10,000
- Total assets
- $189,672
- -7.7% vs 2023
- Primary geography
- Maine (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who The Iacocca Foundation funds
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was Farms for Food Equity ($10K).
Grant Size Distribution
2 grants across all recorded years
The most common grant size was under $50K: 2 grants of 2 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
States
Cities
How The Iacocca Foundation gives
- In 2024 it paid out 166% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2023 to 2024, annual grant giving ranged from $10K (2024) to $28K (2023). In 2024 it made 1 grant totaling $10K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Farms for Food Equity Cape Elizabeth, ME | Unrestricted Grant for Farms for Food Equity | $10,000 |
Ready to take the next step with The Iacocca Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Distributable Amount |
|---|---|---|---|---|---|---|---|
| 2024 | $189,672 | $172 | $16,477 | $10,000 | 1 | $16,477 | $9,924 |
| 2023 | $205,464 | $5,192 | $37,582 | $28,009 | 1 | $42,382 | $11,374 |
| 2022 | $247,458 | — | $9,811 | — | — | $35 | $12,274 |
| 2021 | $252,356 | — | $8,948 | — | — | $7,996 | $12,536 |
| 2020 | $257,941 | — | $1,535 | — | — | — | $12,704 |
Under IRS private-foundation payout rules, The Iacocca Foundation reported a distributable amount of $10K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The Iacocca Foundation is led by Kathryn Iacocca Hentz, President on every filing since 2020; none of the 7 officers listed in 2024 report compensation.
Officers on the 2024 filing
Kathryn Iacocca Hentz
President
On filings since 2020
0.1 hrs/week
No compensation reported
Desmond Heathwood
Trustee
On filings since 2020
0.1 hrs/week
No compensation reported
John Gerace
Trustee
On filings since 2020
0.1 hrs/week
No compensation reported
Kenneth Anderson
Trustee
On filings since 2020
0.1 hrs/week
No compensation reported
Lia Iacocca Assad
Trustee
On filings since 2020
0.1 hrs/week
No compensation reported
Edward Bousa
Treasurer
On filings since 2020
0.1 hrs/week
No compensation reported
Louis Lataif
Secretary
On filings since 2020
0.1 hrs/week
No compensation reported
Former officers (1)
- Former: Scott Blair (2020) — Trustee · Filing note: Until March 2020
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.
Frequently asked questions about The Iacocca Foundation
How much does The Iacocca Foundation give each year?
The Iacocca Foundation gave $10K across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $28K across 1 grant.
How large is The Iacocca Foundation?
The Iacocca Foundation reported $190K in total assets on its 2024 IRS Form 990-PF. It paid out $16K in qualifying distributions that year, against a required minimum of $10K (roughly 5% of its investment assets).
Where does The Iacocca Foundation operate?
The Iacocca Foundation has awarded grants in Massachusetts, Maine.
What is The Iacocca Foundation's EIN?
The Iacocca Foundation's EIN (Employer Identification Number) is 95-7112614. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in The Iacocca Foundation's focus areas in our free grants database
Similar Funders
Funders with grantees in common, and similar funders in Massachusetts
Bangor Savings Bank Foundation
Bangor, ME
The Bangor Savings Bank Foundation supports arts and culture, economic and workforce development, education, health and wellness, and social and community services, including affordable housing and health care. It focuses on Maine, New Hampshire, and Essex County, Massachusetts; 2025 grants ranged from $1,000 to $50,000, with a median of $4,750. It accepts applications through an online portal, with applications reviewed twice a year.
Assets
$7.0M
Grants
156
Total Given
$1.2M
Sam L Cohen Foundation
Portland, ME
The Sam L. Cohen Foundation funds nonprofits in arts and culture, civic and community work, education, health and human services, and Jewish culture and traditions, with a focus on organizations serving Cumberland and/or York counties in Maine. Its average award is less than $15,000, though 2025 grants ranged from $500 to $275,000. It accepts unsolicited requests through a two-step online process, beginning with an inquiry.
Assets
$28.0M
Grants
125
Total Given
$3.3M
Maine Community Foundation Inc
Ellsworth, ME
Maine Community Foundation supports nonprofits and communities in Maine through grants for areas such as community building, arts, land and water, housing, and equity, as well as scholarships. Its 2024 grants had a median amount of $17,500, though awards varied widely. The profile describes online applications for competitive grants but does not state whether unsolicited requests are accepted.
Assets
$807.6M
Grants
1,161
Total Given
$57.6M
Quimby Family Foundation
Portland, ME
The Quimby Family Foundation supports Maine-based nonprofits advancing human well-being through movement and nourishment, especially outdoor experiences, regional plant-based food, and equitable access for under-resourced communities. Its 2024 grants ranged from $2,500 to $45,000, with a median of $10,000. It accepts unsolicited requests through an open application process, with two application periods each year.
Assets
$21.5M
Grants
97
Total Given
$1.1M
Elmina B Sewall Foundation
Freeport, ME
The Elmina B. Sewall Foundation funds Maine nonprofits working for equity and interconnected well-being for people, animals, and the environment, across areas including food systems, animal welfare, and community development. Its 2024 grants had a median of about $31,000, though awards varied widely; it accepts applications through its online system during designated periods and does not limit giving to preselected organizations.
Assets
$164.8M
Grants
296
Total Given
$14.4M
The Nash Foundation
Wilmington, DE
Assets
$4.5M
Grants
92
Total Given
$205K
More similar funders
More Funders in Massachusetts
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from The Iacocca 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.
The Iacocca Foundation down — hundreds of funders to go?