The Robert B & Marcia M Costello Family Foundation
The Robert B & Marcia M Costello Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in UTICA, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $182K in total assets. In 2024, it awarded 5 grants totaling $9K. Net investment income was $16K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$182K
+9.1% YoY
Annual Giving
$9K
+16.5% YoY
Grant Count
5
+25.0% YoY
Avg Grant Size
$2K
-6.8% YoY
Under IRS private-foundation payout rules, The Robert B & Marcia M Costello Family Foundation reported a distributable amount of $9K for 2024 — the minimum it must pay out in qualifying distributions.
About The Robert B & Marcia M Costello Family Foundation
Based on IRS filings
The Robert B & Marcia M Costello Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in UTICA, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $182K in total assets. In 2024, it awarded 5 grants totaling $9K. Net investment income was $16K.
Focus Areas
Ready to take the next step with The Robert B & Marcia M Costello Family Foundation?
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 | $181,820 | $166,613 | $137,175 |
| Revenue | $22,319 | $11,016 | $23,395 |
| Expenses | $14,800 | $14,151 | $18,959 |
| Qualifying Distributions | $8,900 | $7,640 | — |
| Net Investment Income | $16,365 | $4,505 | $14,936 |
| Distributable Amount | $8,893 | $8,257 | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
22 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Peyton Manning Children's Hospital ($2,500), 2nd Presbyterian Church ($2,400), Berea College ($1,500).
| Recipient | Purpose | Amount |
|---|---|---|
| Berea College Berea, KY | General Purpose | $1,500 |
| First United Methodist Church Bradenton, FL | General Purpose | $1,000 |
| Peyton Manning Children's Hospital Indianapolis, IN | General Purpose | $2,500 |
| Southeastern Guide Dogs Palmetto, FL | General Purpose | $1,500 |
| 2nd Presbyterian Church Indianapolis, IN | General Purpose | $2,400 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Marcia M Costello | President | 0.5 | — |
| Dominic J Graves | Vice President | 0.2 | — |
| Stephanie N Marotta | Secretary | 0.2 | — |
| Benjamin R Hanan | Director | 0.2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Robert B & Marcia M Costello Family Foundation?
The Robert B & Marcia M Costello Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in UTICA, MI. It holds $182K in total assets as of 2024.
How large is The Robert B & Marcia M Costello Family Foundation?
As of 2024, The Robert B & Marcia M Costello Family Foundation holds $182K in total assets with $22K in annual revenue. It awarded 5 grants totaling $9K in 2024.
Where does The Robert B & Marcia M Costello Family Foundation operate?
The Robert B & Marcia M Costello Family Foundation has awarded grants in Florida, Indiana, Kentucky.
What size grants does The Robert B & Marcia M Costello Family Foundation award?
In 2024, The Robert B & Marcia M Costello Family Foundation awarded 5 grants totaling $9K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is The Robert B & Marcia M Costello Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Robert B & Marcia M Costello Family Foundation reported a distributable amount of $9K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Robert B & Marcia M Costello Family Foundation's EIN?
The Robert B & Marcia M Costello Family Foundation's EIN (Employer Identification Number) is 65-0739808. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Robert B & Marcia M Costello Family Foundation's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
Kadant Johnson Inc Scholarship Foun
THREE RIVERS, MI
Assets
—
Grants
3
Total Given
$5K
Thomas W Itin Charitable Trust
KEEGO HARBOR, MI
Assets
—
Grants
11
Total Given
$4K
Robert a Leonard Jr Charitable Trus
SOUTHFIELD, MI
Assets
—
Grants
2
Total Given
$11K
Homer Youth Athletic Association
TEKONSHA, MI
Assets
—
Grants
1
Total Given
$4K
Dr Shanti Swarup & Mrs Chawla Devi
TROY, MI
Assets
—
Grants
9
Total Given
$3K
Bojrab Family Foundation
BLOOMFIELD HILLS, MI
Assets
$185K
Grants
9
Total Given
$27K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with The Robert B & Marcia M Costello Family Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities
Go from researching The Robert B & Marcia M Costello Family Foundation to a real strategy.