The Vecellio Family Foundation Inc
The Vecellio Family Foundation Inc is a private foundation based in Beckley, an individual recipient It makes charitable grants to organizations and supports restricted scholarship programs; the foundation’s website says it has helped Vecellio Group employees’ dependents and students at selected an individual recipient high schools pursue education since 1973.
Key facts about The Vecellio Family Foundation Inc
In short: The Vecellio Family Foundation Inc gave $453K across 79 grants in 2025 (avg $6K), mostly in Florida. Source: 2025 IRS Form 990-PF.
- EIN
- 55-0538242
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $452,750
- Grants made (2025)
- 79
- Average grant
- $5,731
- Median grant
- $2,500
- Total assets
- $11,740,144
- Primary geography
- Florida (50% of itemized 2025 grant dollars)
- How to apply
- Contact the foundation. Full details ↓
- Deadline
- Requests must be received before November 1.
Data from IRS Form 990-PF, 2025; updated October 2026. Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$11.7M
+9.4% YoY
Annual Giving
$453K
-3.5% YoY
Grant Count
79
+1.3% YoY
Avg Grant Size
$6K
-4.7% YoY
Under IRS private-foundation payout rules, The Vecellio Family Foundation Inc reported a distributable amount of $504K for 2025 — the minimum it must pay out in qualifying distributions.
How The Vecellio Family Foundation Inc gives
- Giving held roughly steady from 2022 to 2025 (−18%). Method
- In 2025 it paid out 91% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Mission & Focus Areas
The available statements do not set out a formal foundation mission. The 2025 grants show support for a range of charitable purposes, including research, education programs, arts and cultural institutions, and unrestricted organizational support.
Among its 2025 grantees, the American Heart Association describes its mission as advancing “a world of longer, healthier lives.” The Norton Museum of Art says it welcomes visitors to experience art through its collections and programs. The West Virginia University Foundation says it works to maximize charitable support and provide services to the university, its students, and affiliated organizations.
The foundation also reports awarding restricted scholarships through other tax-exempt organizations, which select recipients with little participation by the foundation, its officers, or trustees. It states that it does not award scholarships or grants directly to individuals.
Grantmaking
In 2025, the foundation reported 79 grants totaling $452,750. Grant amounts ranged from $1,000 to $25,000, with a median of $2,500. Among its largest grants were $25,000 each to the American Heart Association, Cleveland Clinic, Raymond F. Kravis Center for the Performing Arts, Salvation Army Beckley Corps, Salvation an individual recipient Corps, and United Way Town of an individual recipient Other grants included $20,000 to the Schepens Eye Research Institute and $15,000 to the Norton Museum of Art.
The foundation says it does not restrict giving to preselected organizations. It requires grant requests to include information about the requesting organization’s operations, the proposed use of the grant, other financial resources and commitments, and brief biographies of people involved in the organization. Applicants must also provide the organization’s federal identification number and IRS letters confirming its nonprofit status and that it is not a private foundation. The foundation states that it makes no grants directly to individuals or to other private foundations and makes no loans.
Review Cycle
Requests must be received before November 1. Grants are disbursed in December each year.
How to Apply
Contact the foundation. No specific application form is required; requests should include the materials described above.
Ready to take the next step with The Vecellio Family Foundation Inc?
Geographic Focus
Where this funder awards grants
The foundation states that grants are usually made to organizations based in an individual recipient, its neighboring states, or Florida. In 2025, Florida received 50% of grant dollars, an individual recipient 25%, Ohio 6%, Virginia 4%, and Massachusetts 4%.
Grant Distribution by State
Share of 2025 grant dollars across all 79 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $401K (2020) to $552K (2022). In 2025 it made 79 grants totaling $453K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was American Heart Association ($25K). Together the top 10 received $220K.
Organizations only. It also paid 57 individual scholarships ($149,250), which are not listed by name.
Grant Size Distribution
409 grants across all recorded years
The most common grant size was under $50K: 407 grants of 409 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| American Heart Association West Palm Beach, FL | Charitable Purposes, for Annual Gala | $25,000 |
| Cleveland Clinic Cleveland, OH | Charitable Purposes, Designated for Research | $25,000 |
| Raymond F Kravis Center for the Performing Arts West Palm Beach, FL | Charitable Purposes, for Gala for General Program | $25,000 |
| Salvation Army Beckley Corps Beckley, WV | Charitable Purposes, Unrestricted | $25,000 |
| Salvation Army West Palm Beach Corps West Palm Beach, FL | Charitable Purposes, Unrestricted | $25,000 |
| The United Way Town of Palm Beach Palm Beach, FL | Charitable Purposes, Unrestricted | $25,000 |
| The Schepens Eye Research Institute Boston, MA | Charitable Purposes, Unrestricted | $20,000 |
| St Edward Catholic Church Palm Beach Gardens, FL | Charitable Purposes, Unrestricted | $20,000 |
| Flagler Museum Palm Beach, FL | Charitable Purposes, Unrestricted | $15,000 |
| Norton Museum of Art West Palm Beach, FL | Charitable Purposes, Restricted to Education Programs | $15,000 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Assets | Revenue | Expenses | Grants | Grant count |
|---|---|---|---|---|---|
| 2025 | $11,740,144 | $883,652 | $546,746 | $452,750 | 79 |
| 2024 | $10,733,167 | $674,308 | $510,532 | $469,000 | 78 |
| 2023 | $9,994,449 | $868,226 | $599,121 | $524,500 | 87 |
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $11,740,144 | $10,733,167 | $9,994,449 |
| Revenue | $883,652 | $674,308 | $868,226 |
| Expenses | $546,746 | $510,532 | $599,121 |
| Qualifying Distributions | $459,500 | $426,385 | $538,650 |
| Net Investment Income | $813,201 | $607,580 | $708,449 |
| Distributable Amount | $503,781 | $513,403 | $472,332 |
Data update history
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 13, 2026)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Leo A. Vecellio Jr. as president and trustee; Kathryn C. Vecellio, Christopher S. Vecellio, and Michael A. Vecellio as vice presidents and trustees; and Robert L. Castrodale and Patricia Vecellio Cunningham as trustees. Michael J. Sullivan is secretary/treasurer, L.L. Gwinn is assistant secretary/treasurer, and Melissa McCabe is assistant secretary.
The Vecellio Family Foundation Inc is led by Leo A. Vecellio Jr., President & Trustee on every filing since 2020; none of the 9 officers listed in 2025 report compensation.
Officers on the 2025 filing
Leo A. Vecellio Jr.
President & Trustee
On filings since 2020
No compensation reported
Christopher S. Vecellio
Vice President & Trustee
On filings since 2020
No compensation reported
Kathryn C. Vecellio
Vice President & Trustee
On filings since 2020
No compensation reported
Michael A. Vecellio
Vice President & Trustee
On filings since 2020
No compensation reported
Patricia Vecellio Cunningham
Trustee
On filings since 2020
No compensation reported
Robert L. Castrodale
Trustee
On filings since 2020
No compensation reported
Ll Gwinn
Assistant Secretary & Treasurer
On filings since 2020
No compensation reported
Michael J. Sullivan
Secretary & Treasurer
On filings since 2020
No compensation reported
Melissa McCabe
Assistant Secretary
On filings since 2022
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Contact
Application contact: The Vecellio Family Foundation Inc
Mailing address: PO Box 2438, Beckley, WV 25802
Phone: (561) 232-2597
Website: https://vecelliogroup.com
Frequently asked questions about The Vecellio Family Foundation Inc
How much does The Vecellio Family Foundation Inc give each year?
The Vecellio Family Foundation Inc gave $453K across 79 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $469K across 78 grants.
What is The Vecellio Family Foundation Inc's typical grant size?
The Vecellio Family Foundation Inc's median grant in 2025 was $2,500, and its average grant was $5,731, across 79 grants on its 2025 IRS Form 990-PF.
Where does The Vecellio Family Foundation Inc give grants?
The Vecellio Family Foundation Inc gives mostly in Florida: 50% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were West Virginia (25%) and Ohio (6%). The most frequent recipient cities were West Palm Beach, FL (4 grants), Palm Beach, FL (3 grants), Beckley, WV (2 grants) and Blacksburg, VA (2 grants).
Does The Vecellio Family Foundation Inc give general operating support?
Yes: 18% of The Vecellio Family Foundation Inc's 2025 grants with a stated purpose (14 of 79) were for general or operating support, per its 2025 IRS Form 990-PF. Recurring purposes include "Scholarship" (55 grants).
Who are The Vecellio Family Foundation Inc's largest grantees?
The Vecellio Family Foundation Inc's largest 2025 grantees include American Heart Association ($25,000), Cleveland Clinic ($25,000) and Raymond F Kravis Center for the Performing Arts ($25,000), according to its 2025 IRS Form 990-PF. It also paid 57 individual scholarships ($149,250), which are not listed by name. Together they received 17% of its itemized 2025 grant dollars.
How large is The Vecellio Family Foundation Inc?
The Vecellio Family Foundation Inc reported $11.7M in total assets on its 2025 IRS Form 990-PF. It paid out $460K in qualifying distributions that year, against a required minimum of $504K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does The Vecellio Family Foundation Inc fund?
The available statements do not set out a formal foundation mission. The 2025 grants show support for a range of charitable purposes, including research, education programs, arts and cultural institutions, and unrestricted organizational support. See mission & focus areas ↑
How do I apply for a grant from The Vecellio Family Foundation Inc?
Contact the foundation. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is The Vecellio Family Foundation Inc's EIN?
The Vecellio Family Foundation Inc's EIN (Employer Identification Number) is 55-0538242. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Here's the math on researching The Vecellio Family Foundation Inc by hand.
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