· Private foundation
Peter and Karen Iacovelli Charitable Fou Foundation
Its FY2024 filing reports that it funds preselected organizations and did not take unsolicited requests; check the foundation's own site before ruling it out.
Read this first · the figures below need context
56% of Peter and Karen Iacovelli Charitable Fou Foundation’s FY2024 grant dollars went to Fidelity Investments Charitable Gift Fund, not to grantees.
Its money now reaches organizations through that sponsor, which does not report who recommended each grant. FY2024 names 21 organizations directly, so a portfolio cannot be read from it. Everything below is therefore FY2020, the last year Peter and Karen Iacovelli Charitable Fou Foundation named its own grantees at scale: 16 organizations, $443k. It is dated, not current.
Organizations named directly on the return
Amber years are those where most dollars went to a sponsor.
What you funded, over time
Every grant clustered by its grantee’s IRS cause code (NTEE), by year — across FY2017–2024.
Where the money goes
Your grants by size, and where they go.
By grant size · FY2020
- Under $10k9 grants · $32k
- $10k–50k13 grants · $277k
- $50k–250k1 grant · $135k
| Recipient | Amount |
|---|---|
| FAITH WINS | $135,000 |
| PROJECT HOPE FOUNDATION | $46,563 |
| WHEN LIFE SUCKS FOUNDATION | $37,000 |
| ST JOSEPH'S CATHOLIC SCHOOL | $31,500 |
| FAVOR GREENVILLE | $29,477 |
| CHRISTIAN LEARNING CENTER OF GREENVILLE COUNTY | $24,500 |
| CANCER SOCIETY OF GREENVILLE COUNTY | $22,171 |
| FRIENDS OF KAREN | $20,300 |
| MIRACLE HILL MINISTRIES | $15,000 |
| NATIONAL RIGHT TO LIFE | $10,000 |
| MCCALL HOSPICE HOUSE | $10,000 |
| CHRIST CHURCH EPISCOPAL | $10,000 |
| ENDOWMENT FOR MIDDLE EAST TRUTH | $10,000 |
| SC CITIZENS FOR LIFE | $10,000 |
| ST MARTIN DE PORRES CATHOLIC SCHOOL | $9,500 |
Do your dollars go where the need is?
Each grant placed by the hardship in its grantee’s ZIP, then read against the area’s typical level.
Your human-services grants (FY17–24, $344k) land where the poverty rate runs at 10%, against an area that typically sits at 9%. 99% of those dollars go to grantees based in above-average-need neighborhoods. Most of your grants land in higher-need ZIPs.
Matched: human-services grants are those whose grantee’s IRS cause code is Human Services. Placed by people below the poverty linein the grantee’s ZIP, averaged from the tracts in that ZIP; grantee ZIP can differ from where services are delivered.
Which US states your grants reach
US grants placed by each grantee’s ZIP, which can differ from where services are actually delivered. Need from public data — U.S. Census/ACS, CDC PLACES, Eviction Lab, USDA — shown as context about the area, never attributed to your giving.
Who you back again
Which organizations you funded more than once, and which you funded a single time. Each grantee is matched to its own filings.
35 repeat relationships — 19 still active in FY2020, 16 since wound down; 23 grantees were first funded in FY2020 (too recent to call). Read against FY2020, the last year this funder named its own grantees directly; its giving has since run through a sponsor, which reports no donor behind each grant.
How the two cohorts compare
Organizations
Total granted
Median revenue growth · since first grant
Still filing today
New vs renewed · share of each year
In FY2024, 84% of grant dollars renewed an existing relationship; $50k went to new ones.
Where new relationships form · theme of each grantee’s first grant
First-time = a grantee’s first year in your filing window; renewed = funded in an earlier year too. As a portfolio matures the renewed share naturally climbs — once funded, an org stays “renewable” — so the signal is the years that buck it (a new-grantee intake wave). The earliest year is left-censored: relationships that predate the data read as “new.” Theme is the grantee’s IRS cause.
Backed again, and grew
- AHAlabaster House4× · 2021–2024 · $295k · revenue +299% · 38% of their budget
- PHPROJECT HOPE FOUNDATION INC8× · 2017–2024 · $254k · revenue +34%
- SJST JOSEPH'S CATHOLIC SCHOOL INC8× · 2017–2024 · $198k · revenue +51%
Funded once
- FFFRANCISCAN FRIARS OF THE RENEWALone grant, 2018 · $5k
- AFARC FOUNDATION OF ROCKLAND INCgraduatedone grant, 2017 · $5k · revenue +70%
- SISulam Incone grant, 2018 · $5k · revenue +9%
Repeat = funded in two or more distinct years; growth and survival are read from each grantee’s own subsequent IRS filings.
The map has a center of gravity: the average direction from the rest of the sector toward the organizations the foundation funds — the shape of its giving. Scoring every nonprofit along that direction surfaces the ones that look most like the portfolio. These are the closest matchesthat aren’t grantees — a resemblance in what they say they do, not a recommendation.
Southeastern carolina crossroads is an organization designed to provide a positive atmosphere and faith based help and hope for men to overcome addiction.
Sof is called to empower warriors to find purpose, be resilient, and live well. we develop and provide customized treatment plans for veterans through our national network of partners.
Meals on wheels of greenville, inc. enhances the quality of life of homebound individuals by providing nutritious meals, personal contact, and related services.
Our mission is to provide compassionate direction to individuals and families in need through counseling, education and financial benefits management.
To promote the gospel message by placing christian personnel in prisons for the purpose of relating to the spiritual needs of the inmates on an ongoing basis.
Shalom House Ministries Inc operates a treatment center for women struggling with drug and alcohol addition. It also offers transitional dwelling for women who need a safe place after treatment.
Our mission is providing food, shelter, and hope through christian love
To provide a faith based community where life will be rich and full as god intends it to be, holding to our values, serving one another with dedication and promoting health and wellness for all.
South carolina legal services is a statewide law firm that provides civil legal services to protect the rights and represent the interests of low income south carolinians.
The south carolina victim assistance network's mission is to ensure crime victims receive access to, and assistance from the criminal and juvenile justice systems and related social service providers; to improve the quality of services…
First fruit ministries shares the unconditional love of god through outreach and supportive housing for people experiencing homelessness or trafficking in southeastern north carolina.
The sanctuary counseling center provides affordable counseling to full-time vocational ministry workers and their families in memphis.
For reference, the grantee most central to the portfolio’s shape is Greer Community Ministries Inc and the most unlike its peers is Emmanuel and Cheryl Sarmiento Family Foundation. Resemblance is measured on each organization’s own IRS 990 mission text; it reflects how work is described, not its quality or impact.
For each theme you fund, this compares how the sector’s money is shifting with how your own giving is shifting.
Sector change and giving change are each shown relative to their own range, growing (right) or shrinking (left); both normalized, so inflation isn’t mistaken for growth.
Your grantees are a median of 28 years old; the field is 21. You back the established end — and your money leans older still.
The field is 21% startups (under 5 years old) — 0% of your grantees by number, and just 0% of your money.
The orgs you fund almost never close — 2% lost their exemption, against 12% of the field you don’t fund.
Age = years since IRS exemption (a founding proxy). “Closed” = auto-revocation for 3 years of non-filing — a floor on closure, not proof, and bigger established orgs lapse least. Association, not causation.
40 grantees tracked through their own filings, 2017–2025.
Each one resolved to its own IRS returns and tracked year by year — your grant beside their revenue from every source. Association, dated; never a causal claim.
Counted here: distinct organizations you funded across 2017–2025, not grant rows in a single year — so this will not match the grant count on the cover. 40 of the 72 grantees resolved in that span have returns of their own we could reconcile; the rest are funded organizations whose filings we could not track year by year.
Where your money sits — by cause, then by grantee
Each org by its size and your share of it — top-left is where you’re load-bearing
Go grantee by grantee — a decade per org, and how each moved after you funded them
A decade per grantee — revenue shaded, your grants as bars, all rows on one timeline.
- Who funds FIDELITY INVESTMENTS CHARITABLE GIFT FUND ↗
- Who funds Alabaster House ↗
- Who funds PROJECT HOPE FOUNDATION INC ↗
- Who funds ST JOSEPH'S CATHOLIC SCHOOL INC ↗
- Who funds FRIENDS OF KAREN INC ↗
- Who funds MIRACLE HILL MINISTRIES INC ↗
- Who funds CHRISTIAN LEARNING CENTERS OF GREENVILLE COUNTY ↗
- Who funds Faith Wins ↗
- Who funds FACES AND VOICES OF RECOVERY(FAVOR) UPSTATE SC ↗
- Who funds WhenLifeSucksorg Foundation ↗
- Who funds NEIGHBORHOOD CANCER CONNECTION ↗
- Who funds GREER COMMUNITY MINISTRIES INC ↗
- Who funds MEALS ON WHEELS INC ↗
- Who funds HOLY FAMILY FARM INC ↗
- Who funds The Turning Point of South Carolina Inc ↗
- Who funds EMMANUEL AND CHERYL SARMIENTO FAMILY FOUNDATION ↗
- Who funds SAMARITAN'S PURSE ↗
- Who funds PARTNERS IN AGRICULTURE INC ↗
- Who funds SUNDAY DINNER WITH A TWIST LLC ↗
- Who funds INDEPENDENT MEDICAL ALLIANCE ↗
- Who funds ENDOWMENT FOR MIDDLE EAST TRUTH ↗
- Who funds SPECIAL FORCES ASSOCIATION ↗
- Who funds STEPHEN SILLER TUNNEL TO TOWERS FOUNDATION ↗
- Who funds EMMANUEL'S HAMMER INC ↗
- Who funds THE SOUTH CAROLINA SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS ↗
The grantmakers whose grantees overlap with yours far more than size alone predicts. Each orbits closer the stronger the alignment; the arcs between them show where they also fund each other. Here it reads as a tightly interlocked camp — most of these funders back each other's grantees too.
Open a dossier: South Carolina Christian Foundation · United Way of Greenville County Inc · Ge Aerospace Foundation · John I Smith Charities Inc · Daniel-Mickel Foundation · Duke Energy Foundation · The Seymour Tutelman Family Foundation I · The Four Bees Foundation · The Karen and Paul Schaefer Foundation · Hayne Hipp Foundation · AWT Family Foundation · Charles Timmons Foundation
Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. A research starting point: overlap is association, not proof of shared intent.
Government reliance of your grantees
Every dot is one organization Peter and Karen Iacovelli Charitable Fou Foundation funds. Left–right is the share of its income from government; up–down is the share from you. Bigger dots raise more. Filter to federal or a single department — and drag the year to watch it move.
Government income is each org’s traced federal awards (USASpending — grants and contracts) plus state payments (open checkbooks) as a share of its total revenue (IRS Form 990); the self-reported government-grant line (990 line 1e) is carried for cross-check: a grantee that reports government grants we could not trace to a source is left off the chart rather than shown as receiving none. An association, not a claim that your grant caused the public funding. Coverage is precision-first — a floor, not a census; state records exist for 9 states, so a grantee outside them shows no state figure (dimmed) rather than a false zero. Federal award amounts are obligations, which can span years, so a single-year share is indicative. 990 filings lag 12–24 months.
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