Vincent Genovese Memorial Foundation is a private foundation focused on Human Services, based in FORT WORTH, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.0M in total assets. In 2024, it awarded 24 grants totaling $191K. Net investment income was $141K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4.0M
-1.7% YoY
Annual Giving
$191K
-13.1% YoY
Grant Count
24
-7.7% YoY
Avg Grant Size
$8K
-5.9% YoY
Under IRS private-foundation payout rules, Vincent Genovese Memorial Foundation reported a distributable amount of $233K for 2024 — the minimum it must pay out in qualifying distributions.
About Vincent Genovese Memorial Foundation
Based on IRS filings
Vincent Genovese Memorial Foundation is a private foundation focused on Human Services, based in FORT WORTH, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.0M in total assets. In 2024, it awarded 24 grants totaling $191K. Net investment income was $141K.
Focus Areas
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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 | $4,006,499 | $4,075,937 | $4,301,212 |
| Revenue | $205,498 | $101,483 | $194,982 |
| Expenses | $274,936 | $326,758 | $300,683 |
| Qualifying Distributions | $207,047 | $251,015 | $242,517 |
| Net Investment Income | $140,873 | $89,125 | $142,178 |
| Distributable Amount | $233,321 | $224,632 | $239,735 |
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
120 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Connecticut Cancer Foundation ($50,000), Meals on Wheels of Tarrant County ($20,000), Camp Fire USA First Texas ($18,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Camp Fire USA First Texas Fort Worth, TX | Towards El Tesoro de la Vida camperships ($3,000) and general support ($15,000) | $18,000 |
| Cancer Care Services Fort Worth, TX | Towards Firefighter's families cancer support meetings ($3,600) and general operating support ($5,000) | $8,600 |
| Cassata High School Fort Worth, TX | Towards the scholarship fund | $3,000 |
| Connecticut Cancer Foundation Old Saybrook, CT | Towards research at Memorial Sloan-Kettering Hospital ($25,000) and towards the capital campaign ($25,000) | $50,000 |
| Crazy8 Ministries Burleson, TX | General operating support and Land Fund | $5,000 |
| Cristo Rey Fort Worth College Prep Fort Worth, TX | Towards scholarships | $7,500 |
| Jordan Elizabeth Harris Foundation Fort Worth, TX | Bring the Conversation to Light suicide prevenation event support | $5,000 |
| Meals on Wheels of Tarrant County Fort Worth, TX | General operating support | $20,000 |
| Mission India Grand Rapids, MI | Towards adult literacy classes | $6,000 |
| OneChild Colorado Springs, CO | Towards child sponsorships ($1,336) and water projects in Kenya ($14,450) | $15,786 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Karol Genovese Del Real | President | 25 | — |
| Lucille Cline-Conway | Director | 0.25 | — |
| Audrey Del Real | Director | 0.25 | — |
| Carlene Dailey | Secretary | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Vincent Genovese Memorial Foundation?
Vincent Genovese Memorial Foundation is a private foundation focused on Human Services, based in FORT WORTH, TX. It holds $4.0M in total assets as of 2024.
How large is Vincent Genovese Memorial Foundation?
As of 2024, Vincent Genovese Memorial Foundation holds $4.0M in total assets with $205K in annual revenue. It awarded 24 grants totaling $191K in 2024.
Where does Vincent Genovese Memorial Foundation operate?
Vincent Genovese Memorial Foundation has awarded grants in Colorado, Connecticut, Georgia, Massachusetts, Michigan, Texas.
What size grants does Vincent Genovese Memorial Foundation award?
In 2024, Vincent Genovese Memorial Foundation awarded 24 grants totaling $191K — an average of about $8K per grant, based on its IRS Form 990 filings.
How much is Vincent Genovese Memorial Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Vincent Genovese Memorial Foundation reported a distributable amount of $233K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Vincent Genovese Memorial Foundation's EIN?
Vincent Genovese Memorial Foundation's EIN (Employer Identification Number) is 26-2798439. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Vincent Genovese Memorial Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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