· 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 it funded, over time
Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2024.
Where the money goes
Grants by size, and the largest recipients.
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 |
| ENDOWMENT FOR MIDDLE EAST TRUTH | $10,000 |
| MCCALL HOSPICE HOUSE | $10,000 |
| NATIONAL RIGHT TO LIFE | $10,000 |
| SC CITIZENS FOR LIFE | $10,000 |
| CHRIST CHURCH EPISCOPAL | $10,000 |
| ST MARTIN DE PORRES CATHOLIC SCHOOL | $9,500 |
Does the money reach high-need areas?
Each grant placed by the hardship in its grantee’s ZIP, against the area’s typical level.
Its 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 its grants land in higher-need ZIPs.
How this is measured
Which US states its grants reach
How this is measured
Who it funds again
Organizations funded in more than one year, against those funded once.
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
How this is measured
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
- AFARC FOUNDATION OF ROCKLAND INCgraduatedone grant, 2017 · $5k · revenue +70%
- SISulam Incone grant, 2018 · $5k · revenue +9%
- FFFRANCISCAN FRIARS OF THE RENEWALone grant, 2018 · $5k
How this is measured
Repeat means funded in two or more distinct years. Growth and survival are read from each grantee’s own subsequent IRS filings.
Closest unfunded matches
The nonprofits that most resemble its grantees but are not funded by it, scored along the direction from the rest of the field toward the portfolio. 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.
How this is measured
40 grantees tracked through their own filings, 2017–2025.
Each grant beside the grantee’s revenue from every source, year by year.
How this is measured
Counted here: distinct organizations funded across 2017 to 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.
Each grantee is resolved to its own IRS returns. Association, dated; never a causal claim.
Where the money sits, by cause and then by grantee
Each grantee by its size and the funder’s share of it; top left is load-bearing
Grantee by grantee: a decade per organization, before and after funding
A decade per grantee: revenue shaded, 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 ↗
- Who funds FELLOW COUNTRYMEN ↗
Co-funders
Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a tightly interlocked group: 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
How this is measured
How much its grantees rely on government
Each dot is one organization Peter and Karen Iacovelli Charitable Fou Foundation funds: left to right is the share of its income from government, bottom to top the share from Peter and Karen Iacovelli Charitable Fou Foundation. Bigger dots raise more.
How this is measured
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