The Susanna Iacovelli Charitable Foundation Inc Fka Peter and Karen
Preselected recipients only
The Susanna Iacovelli Charitable Foundation Inc Fka Peter and Karen is a private foundation in Greenville, South Carolina. In tax year 2024 it gave $712,103 in 26 grants; the typical grant was $12,000 and the largest $395,500. 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$712,103
- Number of grants26
- Typical grant$12,000
- Largest grant$395,500
- Assets$10.2 million
- New grantees19%
Giving in 2024 was down from $756,418 the year before.
19% of its 2024 grantees had not received a grant from it the year before, a mix of repeat and new grantees.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2022 | $892,626 | 25 | $9.5 million |
| 2023 | $756,418 | 29 | $9.4 million |
| 2024 | $712,103 | 26 | $10.2 million |
How to apply
The Susanna Iacovelli Charitable Foundation Inc Fka Peter and Karen 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 The Susanna Iacovelli Charitable Foundation Inc Fka Peter and Karen funds
Where it gives
Its grants went to recipients in 5 states, the most to Ohio.
| State | Grants | Amount |
|---|---|---|
| Ohio | 1 | $395,500 |
| South Carolina | 21 | $273,520 |
| New York | 2 | $30,833 |
| North Carolina | 1 | $12,000 |
| Maryland | 1 | $250 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| Fidelity Charitable Gift Fund | Unrestricted contribution to support gen operations | $395,500 |
| Alabaster House | Unrestricted contribution to support gen operations | $36,356 |
| Miracle Hill Ministries | Unrestricted contribution to support gen operations | $28,000 |
| Sunday Dinner With A Twist | Unrestricted contribution to support gen operations | $26,000 |
| Meals on Wheels | Unrestricted contribution to support gen operations | $24,000 |
| Friends of Karen | Unrestricted contribution to support gen operations | $20,833 |
| Salvation Army | Unrestricted contribution to support gen operations | $18,000 |
| Favor Greenville | Unrestricted contribution to support gen operations | $17,953 |
| Project Hope Foundation | Unrestricted contribution to support gen operations | $16,000 |
| Emmanuel and Cheryl Sarmiento Family Fdn | Unrestricted contribution to support gen operations | $15,000 |
| Set Free Christian Fellowship | Unrestricted contribution to support gen operations | $14,000 |
| Law Enforcement Chaplaincy of SC | Unrestricted contribution to support gen operations | $12,075 |
| Greer Community Ministries | Unrestricted contribution to support gen operations | $12,000 |
| Samaritan's Purse | Unrestricted contribution to support gen operations | $12,000 |
| The Turning Point | Unrestricted contribution to support gen operations | $12,000 |
| Emmanuel's Hammer | Unrestricted contribution to support gen operations | $11,000 |
| St Martin de Porres Catholic School | Unrestricted contribution to support gen operations | $10,000 |
| Tunnel to Towers Foundation | Unrestricted contribution to support gen operations | $10,000 |
| Christian Learning Center of Greenville County | Unrestricted contribution to support gen operations | $7,500 |
| St Joseph's Catholic School | Unrestricted contribution to support gen operations | $6,800 |
| Partners in Agriculture | Unrestricted contribution to support gen operations | $3,000 |
| Kairos Prison Ministry of SC | Unrestricted contribution to support gen operations | $2,000 |
| Horizon Church | Unrestricted contribution to support gen operations | $1,136 |
| Mitchell Road Presbyterian Church | Unrestricted contribution to support gen operations | $500 |
| American Cancer Society Inc | Unrestricted contribution to support gen operations | $250 |
| Julie Valentine Center | Unrestricted contribution to support gen operations | $200 |
Officers and trustees
- Peter Iacovelli
- Greg Morton
- Starla Revels
- Karen Iacovelli
- Louis Karol
Questions people ask
Does The Susanna Iacovelli Charitable Foundation Inc Fka Peter and Karen accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does The Susanna Iacovelli Charitable Foundation Inc Fka Peter and Karen give?
$712,103 in tax year 2024, across 26 grants, with a typical grant of $12,000.
Who runs The Susanna Iacovelli Charitable Foundation Inc Fka Peter and Karen?
Its 2024 filing lists Peter Iacovelli (Board Member), Greg Morton (Board Member), Starla Revels (Board Member) and Karen Iacovelli (Board Member) among 5 officers and trustees.
What does The Susanna Iacovelli Charitable Foundation Inc Fka Peter and Karen fund?
Based on its grants, mainly faith communities and education.