The Susanna Iacovelli Charitable
The Susanna Iacovelli Charitable Foundation Inc (formerly known as The Peter and Karen Iacovelli Charitable Foundation) is a private family foundation based in Greenville, South Carolina. Established in 2000 in New York, the foundation operates as a 501(c)(3) organization with no employees and focuses on making unrestricted contributions to support general operations of nonprofit organizations.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$10.2M
+7.8% YoY
Annual Giving
$712K
-5.9% YoY
Grant Count
26
-10.3% YoY
Avg Grant Size
$27K
+5.0% YoY
Mission & Focus Areas
The foundation's primary program areas include:
- Loan origination fees
- Legal fees
- General operations support for nonprofits
The foundation provides unrestricted contributions to support the general operations of its grantees across multiple sectors including human services, education, and faith-based organizations.
Grantmaking
All grants are characterized as unrestricted contributions to support general operations.
Grant Range
$35,700
Average Grant
$35,700
Ready to take the next step with The Susanna Iacovelli Charitable?
Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in South Carolina, with secondary focus areas in New York and Ohio.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total assets: $10,179,087
- Total revenues: $1,459,700
- Total expenses: $727,020
- Total giving: $712,103
EIN: 11-3568113
Contact Information:
- Address: 148 Milestone Way Ste C, Greenville, SC 29615-5007
- Telephone: 864-272-2931
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $10,179,087 | $9,446,407 | $9,532,787 |
| Revenue | $1,459,700 | $686,263 | $2,342,344 |
| Expenses | $727,020 | $772,643 | $907,946 |
| Qualifying Distributions | $712,103 | $763,661 | $900,286 |
| Net Investment Income | $758,673 | $681,307 | $834,684 |
| Distributable Amount | $411,486 | $374,837 | $379,889 |
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
132 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- Peter Iacovelli – President
- Karen Iacovelli – Vice President/Treasurer
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PETER IACOVELLI | BOARD MEMBER | 1 | — |
| GREG MORTON | BOARD MEMBER | 1 | — |
| STARLA REVELS | BOARD MEMBER | 1 | — |
| KAREN IACOVELLI | BOARD MEMBER | 1 | — |
| LOUIS KAROL | BOARD MEMBER | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
Friends of Callawassie Island Inc
OKATIE, SC
Assets
$566K
Grants
5
Total Given
$38K
Lenhardt Foundation
CHARLESTON, SC
Assets
$616K
Grants
5
Total Given
$67K
One Two a Few Dance
LANDRUM, SC
Assets
—
Grants
0
Total Given
—
Mcfadden Foundation Inc
CHARLESTON, SC
Assets
$2K
Grants
1
Total Given
$436
World Wide Harvest Ministriesinc
GREENVILLE, SC
Assets
$3K
Grants
5
Total Given
$7K
Nwtf Foundation
EDGEFIELD, SC
Assets
$551K
Grants
1
Total Given
$50K
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with The Susanna Iacovelli Charitable 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