The Raffo-Meringolo Family Foundation
The Raffo-Meringolo Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2021 through 2023. In 2023, it awarded 2 grants totaling $383K. Net investment income was $567.
Financial Overview
From 2023 IRS Form 990-PF · View filing
Total Assets
—
-100.0% YoY
Annual Giving
$383K
+1431.5% YoY
Grant Count
2
+100.0% YoY
Avg Grant Size
$191K
+665.8% YoY
Under IRS private-foundation payout rules, The Raffo-Meringolo Family Foundation reported a distributable amount of $15K for 2023 — the minimum it must pay out in qualifying distributions.
About The Raffo-Meringolo Family Foundation
Based on IRS filings
The Raffo-Meringolo Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2021 through 2023. In 2023, it awarded 2 grants totaling $383K. Net investment income was $567.
Focus Areas
Ready to take the next step with The Raffo-Meringolo Family Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | — | $476,363 | $509,395 |
| Revenue | $-45,170 | $5,948 | $516,516 |
| Expenses | $399,220 | $38,980 | $7,121 |
| Qualifying Distributions | $396,376 | $33,076 | $6,500 |
| Net Investment Income | $567 | $2,294 | $161,835 |
| Distributable Amount | $14,998 | $20,231 | $284 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2023
Grant Size Distribution
3 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2023 grants, the largest include Independent Charitable Gift Fund ($319,960), Independent Charitable Gift Fund ($62,921).
| Recipient | Purpose | Amount |
|---|---|---|
| INDEPENDENT CHARITABLE GIFT FUND HUDSON, OH | The Raffo-Meringolo Family Giving Fund (IN-KIND GRANTS - SEE GENERAL EXPLANATION) | $319,960 |
| INDEPENDENT CHARITABLE GIFT FUND HUDSON, OH | The Raffo-Meringolo Family Giving Fund | $62,921 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2023 IRS filing
From 2023 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Peter P Meringolo | Dir, Pres, Sec, Treas | 1 | — |
| Joyce Raffo | Dir, VP | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Raffo-Meringolo Family Foundation?
The Raffo-Meringolo Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. It holds — in total assets as of 2023.
Where does The Raffo-Meringolo Family Foundation operate?
The Raffo-Meringolo Family Foundation has awarded grants in Connecticut, Ohio.
What size grants does The Raffo-Meringolo Family Foundation award?
In 2023, The Raffo-Meringolo Family Foundation awarded 2 grants totaling $383K — an average of about $191K per grant, based on its IRS Form 990 filings.
How much is The Raffo-Meringolo Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2023, The Raffo-Meringolo Family Foundation reported a distributable amount of $15K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Raffo-Meringolo Family Foundation's EIN?
The Raffo-Meringolo Family Foundation's EIN (Employer Identification Number) is 87-2777863. IRS Form 990 filing data is available on this page for 2021–2023.
Explore Open Grants
Browse active grant opportunities in The Raffo-Meringolo Family Foundation's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
The Klingenstein Third Generation Foundation
NEW YORK, NY
Assets
$8.7M
Grants
21
Total Given
$1.1M
Gastric Cancer Foundation
MILLBRAE, CA
Assets
$739K
Grants
3
Total Given
$300K
Partnership for Cures
CHICAGO, IL
Assets
$7.5M
Grants
7
Total Given
$385K
Varnum-de Rose Trust
PITTSBURGH, PA
Assets
$7.4M
Grants
24
Total Given
$500K
United Jewish Foundation
BLOOMFIELD HILLS, MI
Assets
$674.9M
Grants
280
Total Given
$44.2M
Becton Family Foundation
HOMOSASSA, FL
Assets
$59K
Grants
1
Total Given
$475K
The John and Anne Albright
NEW YORK, NY
Assets
$25K
Grants
7
Total Given
$5K
Freedom Together Foundation
NEW YORK, NY
Assets
$3.4B
Grants
595
Total Given
$470.0M
American Psychiatric Association
WASHINGTON, DC
Assets
$67.6M
Grants
9
Total Given
$631K
Dunard Fund Usa Ltd
NORTHBROOK, IL
Assets
$231.8M
Grants
24
Total Given
$65.1M
Tall Pines Charitable Foundation Inc
VERO BEACH, FL
Assets
$1.0M
Grants
66
Total Given
$97K
James I Freeman Charitable Trust
TEXARKANA, AR
Assets
$8.8M
Grants
32
Total Given
$324K
More Funders in Delaware
Data last updated April 2026. Sourced from IRS Form 990-PF filings.