The Susanna Iacovelli Charitable

Private foundation · Grantmaker Greenville, SC EIN: 11-3568113

The Susanna Iacovelli Charitable is a private foundation based in Greenville, South Carolina. In its 2024 filing, it reported 26 grants totaling $712,103; the listed grant purposes describe contributions to support recipients’ general operations.

The Susanna Iacovelli Charitable at a glance

In short: The Susanna Iacovelli Charitable gave $712K across 26 grants in 2024 (avg $27K), mostly in Ohio. 19% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$712,103
-5.9% vs 2023
Grants made (2024)
26
-10.3% vs 2023
Average grant
$27,389
+5.0% vs 2023
Median grant
$12,000
Total assets
$10,179,087
+7.8% vs 2023
New grantees (estimate)
19% first-time grantees (5 of 26, 2024)
Primary geography
Ohio (56% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).

How to apply to The Susanna Iacovelli Charitable

Accepts unsolicited proposals
No
How to Apply

The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.

Contact

Mailing address: 148 Milestone Way Suite C, Greenville, SC 29615
Phone: (864) 272-2931

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who The Susanna Iacovelli Charitable funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Fidelity Charitable Gift Fund: $396KFidelity Charitable Gift Fund$396KAlabaster House: $36KAlabaster House$36KMiracle Hill Ministries: $28KMiracle Hill Ministries$28KSunday Dinner with a Twist: $26KSunday Dinner with a Twist$26KMeals on Wheels: $24KMeals on Wheels$24KFriends of Karen: $21KFriends of Karen$21KSalvation Army: $18KSalvation Army$18KFavor Greenville: $18KFavor Greenville$18KProject Hope Foundation: $16KProject Hope Foundation$16KEmmanuel and Cheryl Sarmiento Family Fdn: $15KEmmanuel and Cheryl SarmientoFamily Fdn$15K

The largest 2024 recipient was Fidelity Charitable Gift Fund ($396K). Together the top 10 received $598K.

Grant Size Distribution

132 grants across all recorded years

123<$50K3$50–100K2$100–250K4$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 123 grants of 132 (93%).

Geographic Focus

Where this funder awards grants

In 2024, 56% of grant dollars went to recipients in Ohio and 38% to recipients in South Carolina. New York received 4%, North Carolina 2%, and Maryland 0%.

Grant Distribution by State

10states

Share of 2024 grant dollars across all 26 itemized grants.

Cities

GreenvilleColumbiaBooneGreerNorth SalemCincinnatiHilton Head IslandPiedmontPowdersvilleClifton HeightsWashingtonClintonHagerstownPhiladelphiaSimpsonvilleStaten IslandAlexandriaAustellCharlestonFayetteville

Is The Susanna Iacovelli Charitable open to new grantees?

19%

first-time grantees, 2024

In 2024, 5 of 26 grantees (19%) were first-time recipients. First grants averaged $10K; repeat grants $32K. How we count

Medians: $11K first-time, $12K repeat.

  • 81% of 2024 grantees were also funded in 2023. Method
  • Giving held roughly steady from 2021 to 2024 (+10%). Method
  • In 2024 it paid out 173% 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.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$250K$500K$750K$1M23 grants2020 29 grants2021 25 grants2022 29 grants2023 26 grants2024

From 2020 to 2024, annual grant giving ranged from $443K (2020) to $893K (2022). In 2024 it made 26 grants totaling $712K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Fidelity Charitable Gift Fund Cincinnati, OHUnrestricted Contribution to Support Gen Operations$395,500
Alabaster House Piedmont, SCUnrestricted Contribution to Support Gen Operations$36,356
Miracle Hill Ministries Greenville, SCUnrestricted Contribution to Support Gen Operations$28,000
Sunday Dinner with a Twist Taylors, SCUnrestricted Contribution to Support Gen Operations$26,000
Meals on Wheels Greenville, SCUnrestricted Contribution to Support Gen Operations$24,000
Friends of Karen North Salem, NYUnrestricted Contribution to Support Gen Operations$20,833
Salvation Army Greenville, SCUnrestricted Contribution to Support Gen Operations$18,000
Favor Greenville Greenville, SCUnrestricted Contribution to Support Gen Operations$17,953
Project Hope Foundation Greenville, SCUnrestricted Contribution to Support Gen Operations$16,000
Emmanuel and Cheryl Sarmiento Family Fdn Greenville, SCUnrestricted Contribution to Support Gen Operations$15,000
Your AI grants department

Ready to take the next step with The Susanna Iacovelli Charitable?

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2024$10,179,087$1,459,700$727,020$712,10326$712,103$758,673$411,486
2023$9,446,407$686,263$772,643$756,41829$763,661$681,307$374,837
2022$9,532,787$2,342,344$907,946$892,62625$900,286$834,684$379,889
2021$8,098,389$3,850,254$654,830$649,17429$651,086$766,621$321,343
2020$4,902,965$499,796$474,005$443,18223—$494,756$234,281

Under IRS private-foundation payout rules, The Susanna Iacovelli Charitable reported a distributable amount of $411K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

No mission statement for the foundation is provided. Its 2024 grants went to organizations working in areas including recovery, homelessness, meal delivery, support for children with serious illnesses and their families, autism services, and community assistance.

The grantees describe their work in their own terms: Alabaster House says it offers women a faith-based 12-step recovery program; Miracle Hill Ministries says it works on life transformation for children and adults experiencing homelessness; and Meals on Wheels says it delivers meals and provides interaction for senior and disabled neighbors in Anderson County. Project HOPE Foundation describes providing autism services and supporting inclusion, while Friends of Karen describes offering emotional, financial, and advocacy support to children with life-threatening illnesses and their families.

Grantmaking

In 2024, the foundation reported 26 grants totaling $712,103. Grants ranged from $200 to $395,500, with a median of $12,000. The largest listed grant was $395,500 to Fidelity Charitable Gift Fund. Other notable grants included $36,356 to Alabaster House, $28,000 to Miracle Hill Ministries, $26,000 to Sunday Dinner with a Twist, $24,000 to Meals on Wheels, and $20,833 to Friends of Karen. The filing lists each of these grants as an unrestricted contribution to support general operations.

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists Peter Iacovelli, Greg Morton, Starla Revels, Karen Iacovelli, and Louis Karol as board members.

The Susanna Iacovelli Charitable's 2024 filing lists 5 officers; none of the 5 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Karen Iacovelli

    Board Member

    Vice President & Treasurer → Board Member, 2024

    On filings since 2020

    1 hr/week

    No compensation reported

  • Peter Iacovelli

    Board Member

    President → Board Member, 2024

    On filings since 2020

    1 hr/week

    No compensation reported

  • Greg Morton

    Board Member

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Louis Karol

    Board Member

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Starla Revels

    Board Member

    New on the 2024 filing

    1 hr/week

    No compensation reported

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 Susanna Iacovelli Charitable

How much does The Susanna Iacovelli Charitable give each year?

The Susanna Iacovelli Charitable gave $712K across 26 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $756K across 29 grants.

What is The Susanna Iacovelli Charitable's typical grant size?

The Susanna Iacovelli Charitable's median grant in 2024 was $12,000, and its average grant was $27,389, across 26 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from The Susanna Iacovelli Charitable that year got $10K on average.

Where does The Susanna Iacovelli Charitable give grants?

The Susanna Iacovelli Charitable gives mostly in Ohio: 56% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was South Carolina (38%). The most frequent recipient cities were Greenville, SC (13 grants) and Columbia, SC (2 grants).

Does The Susanna Iacovelli Charitable give general operating support?

Yes: 100% of The Susanna Iacovelli Charitable's 2024 grants with a stated purpose (26 of 26) were for general or operating support, per its 2024 IRS Form 990-PF.

Who are The Susanna Iacovelli Charitable's largest grantees?

The Susanna Iacovelli Charitable's largest 2024 grantees include Fidelity Charitable Gift Fund ($395,500), Alabaster House ($36,356) and Miracle Hill Ministries ($28,000), according to its 2024 IRS Form 990-PF. Together they received 65% of its itemized 2024 grant dollars.

How large is The Susanna Iacovelli Charitable?

The Susanna Iacovelli Charitable reported $10.2M in total assets on its 2024 IRS Form 990-PF. It paid out $712K in qualifying distributions that year, against a required minimum of $411K (roughly 5% of its investment assets).

What does The Susanna Iacovelli Charitable fund?

No mission statement for the foundation is provided. Its 2024 grants went to organizations working in areas including recovery, homelessness, meal delivery, support for children with serious illnesses and their families, autism services, and community assistance. See mission & focus areas ↑

How do I apply for a grant from The Susanna Iacovelli Charitable?

The foundation states 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 Susanna Iacovelli Charitable's EIN?

The Susanna Iacovelli Charitable's EIN (Employer Identification Number) is 11-3568113. IRS Form 990 filing data is available on this page for 2020–2024.

Does The Susanna Iacovelli Charitable 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.

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Explore Open Grants

Browse active grant opportunities in The Susanna Iacovelli Charitable's focus areas in our free grants database

Similar Funders

Funders with grantees in common, and similar funders in South Carolina

Duke Energy Foundation

Charlotte, NC

The Duke Energy Foundation funds workforce and local economic development, disaster resilience, conservation, clean water, and economic opportunity in North Carolina, South Carolina, Florida, Ohio, Kentucky, and Indiana. Its 2024 grants had a median of $25,000; applications for grants of $20,000 or less are accepted year-round, after applicants discuss proposals with a state representative.

Assets

$1.9M

Grants

41

Total Given

$25.6M

Foundation for the Carolinas

Charlotte, NC

Foundation For The Carolinas funds education and youth development, environmental and wildlife work, health and human services, and animal welfare, with a reported median grant of $25,000 in 2024. Its competitive programs focus on Charlotte-Mecklenburg, the Carolinas, and specific local communities, while donor-advised funds may support eligible nonprofits more broadly; it accepts applications for some competitive grants, but most grants are recommended by fund advisors and have no application process.

Philanthropy, Voluntarism & Grantmaking

Assets

$3.9B

Grants

1,605

Total Given

$609.1M

Tulsa Community Foundation

Tulsa, OK

Tulsa Community Foundation supports charitable causes through donor-advised grants and selected funds, including scholarships, emergency assistance, disaster relief, arts and humanities, healthcare, and financial literacy, primarily in the Tulsa metro area and eastern Oklahoma, with some giving elsewhere in the United States. Its 2024 median grant was $18,560; selected field-of-interest funds have application cycles, but the profile does not state whether it accepts unsolicited requests generally.

Assets

$1.1B

Grants

1,066

Total Given

$158.6M

Central Carolina Community Foundation

Columbia, SC

Central Carolina Community Foundation funds education, human services, health, arts and culture, community development, disaster relief, and related community initiatives through specific grant programs. Its 2025 grants had a median of $20,000, and it primarily serves 11 Midlands counties while also funding statewide and nationally. It accepts applications through its online portal during published grant periods for specific opportunities; some programs are invitation-only.

Assets

$264.3M

Grants

488

Total Given

$26.5M

Coastal Community Foundation of South Carolina Inc

N Charleston, SC

Coastal Community Foundation of South Carolina supports nonprofits and community initiatives in education, health, human services, the environment, arts, social justice, and community development across nine coastal South Carolina counties. Its 2024 itemized grants ranged from $5,057 to $2.3 million, with a median of $16,500; competitive programs accept applications through its online portal.

Philanthropy, Voluntarism & Grantmaking

Assets

$435.6M

Grants

459

Total Given

$26.0M

Community Foundation of Greenville Inc

Greenville, SC

Community Foundation of Greenville funds nonprofits and projects in arts, education, environment, health, and human services, with a focus on Greenville County, South Carolina. Its 2026 Capacity Building Grants award $5,000–$12,500; 2024 grants had a median of $23,900. It accepts unsolicited requests through its Capacity Building Grants program.

Philanthropy, Voluntarism & Grantmaking

Assets

$118.8M

Grants

346

Total Given

$26.4M

More similar funders

More Funders in South Carolina

Cite this profile

Grantable. (2026). The Susanna Iacovelli Charitable funder profile. GrantGraph. Retrieved October 12, 2026, from https://grantable.co/funders/the-susanna-iacovelli-charitable-morg_04f445faef4448618e56bf3dbcbf2def

BibTeX
@misc{grantable_113568113_2026,
  author       = {{Grantable}},
  title        = {{The Susanna Iacovelli Charitable funder profile}},
  howpublished = {GrantGraph},
  year         = {2026},
  url          = {https://grantable.co/funders/the-susanna-iacovelli-charitable-morg_04f445faef4448618e56bf3dbcbf2def},
  note         = {Accessed 2026-10-12. Data licensed CC BY 4.0}
}

The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.

Figures come from The Susanna Iacovelli Charitable'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 Susanna Iacovelli Charitable down — hundreds of funders to go?

Want AI to do this for you?