Vince and Carol Maglio Foundation Inc
Vince and Carol Maglio Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PALM BEACH, FL. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $765K in total assets. In 2024, it awarded 6 grants totaling $78K. Net investment income was $23K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$765K
+39.7% YoY
Annual Giving
$78K
+25.2% YoY
Grant Count
6
+100.0% YoY
Avg Grant Size
$13K
-37.4% YoY
Under IRS private-foundation payout rules, Vince and Carol Maglio Foundation Inc reported a distributable amount of $28K for 2024 — the minimum it must pay out in qualifying distributions.
About Vince and Carol Maglio Foundation Inc
Based on IRS filings
Vince and Carol Maglio Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PALM BEACH, FL. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $765K in total assets. In 2024, it awarded 6 grants totaling $78K. Net investment income was $23K.
Focus Areas
Ready to take the next step with Vince and Carol Maglio Foundation Inc?
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 | $765,239 | $547,830 | $200,000 |
| Revenue | $297,832 | $418,374 | $200,000 |
| Expenses | $80,423 | $70,544 | — |
| Qualifying Distributions | $80,423 | $70,544 | — |
| Net Investment Income | $23,299 | $330 | — |
| Distributable Amount | $27,578 | $11,556 | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
Grant Size Distribution
9 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include St Joseph's Hs Foundation ($35,250), Jupiter Medical Center Foundation ($35,000), Special Olympics Inc ($2,500).
| Recipient | Purpose | Amount |
|---|---|---|
| JUPITER MEDICAL CENTER FOUNDATION JUPITER, FL | CHARITY | $35,000 |
| SPECIAL OLYMPICS INC WASHINGTON, DC | CHARITY | $2,500 |
| ST JOSEPH'S HS FOUNDATION METUCHEN, NJ | CHARITY | $35,250 |
| TUNNEL TO TOWERS FOUNDATION STATEN ISLAND, NY | CHARITY | $2,500 |
| NATIONAL AUTISM REGISTRY PALM BEACH GARDENS, FL | CHARITY | $2,500 |
| NATIONAL LAW ENFORCEMENT OFFICERS MEMORIAL FUND WASHINGTON, DC | CHARITY | $500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| VINCENT MAGLIO | PRESIDENT | 3.5 | — |
| CAROL MAGLIO | VICE PRESIDENT | 3.5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Vince and Carol Maglio Foundation Inc?
Vince and Carol Maglio Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PALM BEACH, FL. It holds $765K in total assets as of 2024.
How large is Vince and Carol Maglio Foundation Inc?
As of 2024, Vince and Carol Maglio Foundation Inc holds $765K in total assets with $298K in annual revenue. It awarded 6 grants totaling $78K in 2024.
Where does Vince and Carol Maglio Foundation Inc operate?
Vince and Carol Maglio Foundation Inc has awarded grants in District of Columbia, Florida, New Jersey, New York.
What size grants does Vince and Carol Maglio Foundation Inc award?
In 2024, Vince and Carol Maglio Foundation Inc awarded 6 grants totaling $78K — an average of about $13K per grant, based on its IRS Form 990 filings.
How much is Vince and Carol Maglio Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Vince and Carol Maglio Foundation Inc reported a distributable amount of $28K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Vince and Carol Maglio Foundation Inc's EIN?
Vince and Carol Maglio Foundation Inc's EIN (Employer Identification Number) is 92-1264687. IRS Form 990 filing data is available on this page for 2022–2024.
Explore Open Grants
Browse active grant opportunities in Vince and Carol Maglio Foundation Inc's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Community Foundation for Palm Beach and
WEST PALM BEACH, FL
Assets
$269.8M
Grants
377
Total Given
$21.4M
The Us Charitable Gift Trust
BOSTON, MA
Assets
$2.2B
Grants
6,518
Total Given
$231.4M
Pasquale Family Charitable Foundation
JUPITER, FL
Assets
$122K
Grants
9
Total Given
$18K
The Raether Family Charitable Trust
MIAMI, FL
Assets
$38.5M
Grants
62
Total Given
$7.3M
The Chicago Community Trust
CHICAGO, IL
Assets
$6.0B
Grants
3,976
Total Given
$1.4B
Gs Donor Advised Philanthropy Fund
NEW YORK, NY
Assets
$12.7B
Grants
7,424
Total Given
$3.0B
The New York Community Trust
NEW YORK, NY
Assets
$3.5B
Grants
2,748
Total Given
$193.8M
Enterprise Holdings Foundation
SAINT LOUIS, MO
Assets
—
Grants
9,499
Total Given
$73.1M
Baird Foundation Inc
MILWAUKEE, WI
Assets
—
Grants
3,751
Total Given
$6.6M
The Blackbaud Giving Fund
CHARLESTON SC, SC
Assets
$52.7M
Grants
1,860
Total Given
$41.4M
Bronner Foundation
PALM BEACH GARDENS, FL
Assets
$322K
Grants
23
Total Given
$23K
Morgan Stanley Global Impact Funding Trust Inc
INDIANAPOLIS, IN
Assets
$9.1B
Grants
19,253
Total Given
$1.2B
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Vince and Carol Maglio Foundation Inc 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 Vince and Carol Maglio Foundation Inc to a real strategy.