Comprehensive foundation profile based on the most recent IRS Form 990 filing
The Susanna Iacovelli Charitable Foundation, based in Greenville, SC, is a philanthropic organization with assets totaling $9,532,787. The foundation focuses on funding initiatives in education, sports and recreation, and human services. It operates primarily in the United States, supporting projects in cities such as Boone, Charleston, Cincinnati, and Philadelphia, across states including DC, FL, NC, NY, OH, PA, and SC. In the most recent fiscal year, the foundation reported expenses of $907,946 and revenue of $2,342,344. The foundation is led by Peter Iacovelli, President, and Karen Iacovelli, Vice President/Treasurer, both of whom serve without compensation.
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Financials
+2.6% from previous year
25 grants awarded in 2024
Of total revenue spent on programs
Grants
| Purpose | Location | |||
|---|---|---|---|---|
| $410,000 | FIDELITY CHARITABLE GIFT FUND | UNRESTRICTED CONTRIBUTION TO SUPPORT GEN OPERATIONS | Cincinnati, OH, US | 2024 |
| $306,000 | FIDELITY CHARITABLE GIFT FUND | UNRESTRICTED CONTRIBUTION TO SUPPORT GEN OPERATIONS | Cincinnati, OH, US | 2023 |
| $157,254 | ALABASTER HOUSE | UNRESTRICTED CONTRIBUTION TO SUPPORT GEN OPERATIONS | Piedmont, SC, US | 2024 |
| $50,000 | HOLY FAMILY FARM INC | UNRESTRICTED CONTRIBUTION TO SUPPORT GEN OPERATIONS | Monticello, NY, US | 2023 |
| $45,000 | ST JOSEPH'S CATHOLIC SCHOOL | UNRESTRICTED CONTRIBUTION TO SUPPORT GEN OPERATIONS | Greenville, SC, US | 2023 |
| $45,000 | ST JOSEPH'S CATHOLIC SCHOOL | UNRESTRICTED CONTRIBUTION TO SUPPORT GEN OPERATIONS | Greenville, SC, US | 2024 |
| $35,000 | MIRACLE HILL MINISTRIES | UNRESTRICTED CONTRIBUTION TO SUPPORT GEN OPERATIONS | Greenville, SC, US | 2023 |
| $28,500 | MIRACLE HILL MINISTRIES | UNRESTRICTED CONTRIBUTION TO SUPPORT GEN OPERATIONS | Greenville, SC, US | 2024 |
| $28,099 | FAVOR GREENVILLE | UNRESTRICTED CONTRIBUTION TO SUPPORT GEN OPERATIONS | Greenville, SC, US | 2023 |
| $27,000 | FAVOR GREENVILLE | UNRESTRICTED CONTRIBUTION TO SUPPORT GEN OPERATIONS | Greenville, SC, US | 2024 |
People
Compensation data from most recent available 990 forms
| Title | |||
|---|---|---|---|
PI
PETER IACOVELLI
| PRESIDENT | $0 | 2024 |
KI
KAREN IACOVELLI
| VICE PRESIDENT/TREASURER | $0 | 2024 |
PETER IACOVELLI
PRESIDENT
KAREN IACOVELLI
VICE PRESIDENT/TREASURER
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Financial data sourced from IRS 990 forms via ProPublica Nonprofit Explorer
View on ProPublica Nonprofit ExplorerLast updated on August 25, 2025