Costello Family Foundation
Preselected recipients only
Costello Family Foundation is a private foundation in Lisle, Illinois. In tax year 2024 it gave $348,925 in 9 grants; the typical grant was $4,000 and the largest $250,000. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$348,925
- Number of grants9
- Typical grant$4,000
- Largest grant$250,000
- Assets$89,281
- New grantees50%
Giving in 2024 was down from $471,704 the year before.
50% of its 2024 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $471,704 | 7 | $2.3 million |
| 2024 | $348,925 | 9 | $89,281 |
How to apply
Costello Family Foundation says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
What Costello Family Foundation funds
Where it gives
Its grants went to recipients in 6 states, the most to North Carolina.
| State | Grants | Amount |
|---|---|---|
| North Carolina | 3 | $259,000 |
| Florida | 2 | $65,400 |
| Missouri | 1 | $5,000 |
| Illinois | 1 | $3,000 |
| California | 1 | $1,200 |
| Texas | 1 | $325 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| Abccm Costello House | Donation | $250,000 |
| Individual | Donation | $63,000 |
| Fca | Donation | $5,000 |
| Episcopal Farmworker Ministry | Donation | $5,000 |
| Mancave Ministry | Donation | $4,000 |
| Breakthrough Urban Ministries | Donation | $3,000 |
| Turning Point Ministries | Donation | $2,400 |
| I-Bible | Donation | $1,200 |
| Lamb Lion Ministries | Donation | $325 |
Officers and trustees
- Michael J Costello II
- Lisa M Costello
- Dominic V Costello
Questions people ask
Does Costello Family Foundation accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Costello Family Foundation give?
$348,925 in tax year 2024, across 9 grants, with a typical grant of $4,000.
Who runs Costello Family Foundation?
Its 2024 filing lists Michael J Costello II (President), Lisa M Costello (Sec-Treas) and Dominic V Costello (Vice-Pres).
What does Costello Family Foundation fund?
Based on its grants, mainly faith communities.