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South Carolina · 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.

$443k
Granted FY2020
23
Grants FY2020
23
Organizations funded FY2020
26%
First-time grantees FY2020
Read the full brief

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

13
’17
15
’18
17
’19
16
’20
20
’21
18
’22
21
’23
21
’24

Amber years are those where most dollars went to a sponsor.

Median grant, FY2020
$10,000
Largest grant, FY2020
$135,000
Organizations funded a year
19 to 23
FY2017 to FY2020
States reached, FY2020
5
Total assets, FY2020
$10M
Applications
Preselected organizations only
Per its most recent filing; check its own site

How open it is to new grantees

In FY2020, 26% of the organizations Peter and Karen Iacovelli Charitable Fou Foundation funded were first-time grantees, receiving 6% of its grant dollars.

New vs renewed · share of each year

In FY2020, 94% of grant dollars renewed an existing relationship; $29k went to new ones.

50%100%’18’19’20
RenewedFirst-time

Where new relationships form · theme of each grantee’s first grant

’18’19’20
ReligionPublic BenefitAnimalsHuman ServicesCivil RightsOther
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.
The numbers by year
Fiscal yearOrganizations fundedTo those organizationsFirst-time grantees
FY202023$443k26%
FY201922$311k41%
FY201820$160k40%
FY201719$184kn/a
98% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2024.

Philanthropy$1.5MHealth$1.0MReligion$417kHuman Services$313kEducation$310kHousing & Shelter$253kYouth Development$89kInternational$87kOther$0

Where its grants go

Grant dollars by states, across the years we hold.

Which US states its grants reach

NY
OH
PA
VA
MD
NC
SC
DC
GA
FL

Top grantees

Largest recipients by total granted, FY2017 to FY2024, and the share of each one’s budget the grants supplied at peak.

Show all 49 grantees
All grantees of Peter and Karen Iacovelli Charitable Fou Foundation by total granted
GranteeTotal grantedYearsShare of their budget
Alabaster House$295,477438%
Project Hope Foundation Inc$254,37380%
St Joseph's Catholic School Inc$197,95080%
Friends of Karen Inc$196,85081%
Miracle Hill Ministries Inc$174,75080%
Christian Learning Centers of Greenville County$154,50088%
Faith Wins$150,000220%
Faces and Voices of Recovery(Favor) Upstate Sc$136,61861%
WhenLifeSucksorg Foundation$128,167540%
Neighborhood Cancer Connection$81,64952%
Set Free Christian Fellowship Inc$59,2504n/a
Greer Community Ministries Inc$54,00081%
Meals on Wheels Inc$54,00051%
Holy Family Farm Inc$50,000111%
The Turning Point of South Carolina Inc$47,00041%
Emmanuel and Cheryl Sarmiento Family Foundation$43,7503100%
Samaritan's Purse$38,00060%
Partners in Agriculture Inc$26,08431%
Sunday Dinner With a Twist LLC$26,000112%
Independent Medical Alliance$25,00011%
Endowment for Middle East Truth$23,33332%
Special Forces Association$18,57121%
Stephen Siller Tunnel to Towers Foundation$17,00020%
Greenville County Disabilities and Special Needs Board$15,9003n/a
Christ Church$15,0002n/a
Emmanuel's Hammer Inc$11,00013%
The South Carolina Society for the Prevention of Cruelty to Animals$9,50030%
Fellow Countrymen$5,00012%
Arc Foundation of Rockland Inc$5,00011%
Partners in Animal Care Inc$5,0001n/a
Sulam Inc$5,00010%
The Gardiner Foundation$4,00031%
The Minjin Project Inc$4,00011%
South Carolina Sheriffs' Association$3,10010%
Fountain of Hope Ministries Inc$2,5001n/a
Times Square Church Inc$2,5001n/a
Food Education Fund Inc$2,00011%
Horizon Church$1,1361n/a
Hoops 4 Hope$1,0002n/a
Life Academy Ministries$1,0001n/a
Meals on Wheels Inc$1,00010%
Anti-Defamation League$75010%
Mitchell Road Presbyterian Church$6002n/a
St Clares Home$5001n/a
American Cancer Society Inc$50020%
Christopher Coffland Memorial Fund Inc$27010%
Epworth Children's Home$25010%
Julie Valentine Center$20010%
Carolina Pregnancy Center Inc$10010%

What it could do for these grantees

Plus 22 recipients with no EIN on record ($374k), not named here.

Where it is load-bearing

Peter and Karen Iacovelli Charitable Fou Foundation supplied at least a quarter of the budget for 3 of its grantees at some point. The chart plots its 38 largest grantees; load-bearing ones sit top left.

25%50%75%100%$100k$1.0M$10M$100Mgrantee revenue →↑ funder's share of their budgetAlabaster House: $295,477 over 4y, 38% of budgetProject Hope Foundation Inc: $254,373 over 8y, 0.3% of budgetSt Joseph's Catholic School Inc: $197,950 over 8y, 0.4% of budgetFriends of Karen Inc: $196,850 over 8y, 1.0% of budgetMiracle Hill Ministries Inc: $174,750 over 8y, 0.2% of budgetChristian Learning Centers of Greenville County: $154,500 over 8y, 7.6% of budgetFaith Wins: $150,000 over 2y, 20% of budgetFaces and Voices of Recovery(Favor) Upstate Sc: $136,618 over 6y, 1.4% of budgetWhenLifeSucksorg Foundation: $128,167 over 5y, 40% of budgetNeighborhood Cancer Connection: $81,649 over 5y, 2.3% of budgetGreer Community Ministries Inc: $54,000 over 8y, 1.2% of budgetMeals on Wheels Inc: $54,000 over 5y, 1.2% of budgetHoly Family Farm Inc: $50,000 over 1y, 11% of budgetThe Turning Point of South Carolina Inc: $47,000 over 4y, 0.8% of budgetEmmanuel and Cheryl Sarmiento Family Foundation: $43,750 over 3y, 100% of budgetSamaritan's Purse: $38,000 over 6y, 0.0% of budgetPartners in Agriculture Inc: $26,084 over 3y, 1.1% of budgetSunday Dinner With a Twist LLC: $26,000 over 1y, 12% of budgetIndependent Medical Alliance: $25,000 over 1y, 0.7% of budgetEndowment for Middle East Truth: $23,333 over 3y, 2.2% of budgetSpecial Forces Association: $18,571 over 2y, 0.8% of budgetStephen Siller Tunnel to Towers Foundation: $17,000 over 2y, 0.0% of budgetEmmanuel's Hammer Inc: $11,000 over 1y, 2.8% of budgetThe South Carolina Society for the Prevention of Cruelty to Animals: $9,500 over 3y, 0.1% of budgetFellow Countrymen: $5,000 over 1y, 1.8% of budgetArc Foundation of Rockland Inc: $5,000 over 1y, 0.9% of budgetSulam Inc: $5,000 over 1y, 0.2% of budgetThe Gardiner Foundation: $4,000 over 3y, 1.1% of budgetThe Minjin Project Inc: $4,000 over 1y, 0.9% of budgetSouth Carolina Sheriffs' Association: $3,100 over 1y, 0.2% of budgetFood Education Fund Inc: $2,000 over 1y, 1.0% of budgetMeals on Wheels Inc: $1,000 over 1y, 0.2% of budgetAnti-Defamation League: $750 over 1y, 0.0% of budgetAmerican Cancer Society Inc: $500 over 2y, 0.0% of budgetChristopher Coffland Memorial Fund Inc: $270 over 1y, 0.0% of budgetEpworth Children's Home: $250 over 1y, 0.0% of budgetJulie Valentine Center: $200 over 1y, 0.0% of budgetCarolina Pregnancy Center Inc: $100 over 1y, 0.0% of budget

Tap a dot to name the grantee.

How this is measured
Share of budget is the funder’s grant in a year over the grantee’s total revenue that year, at its highest across the years we hold; revenue is from all sources. Only grantees confirmed against their own filings, whose grants do not exceed their revenue, are plotted: the largest 38.

Nonprofits that may fit its grantmaking

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.

South Carolina Christian FoundationSC21.2× affinity8 shared granteesties to 11 of 11Hover any node to trace its alignments.Compare side by side →

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
Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. Overlap is association, not proof of shared intent.

Compare Peter and Karen Iacovelli Charitable Fou Foundation with peer funders

Warm introductions · Powered by PlinthPlus

How do I get to Peter and Karen Iacovelli Charitable Fou Foundation?

Find your warmest path to Peter and Karen Iacovelli Charitable Fou Foundation through trustees and officers whose names appear on both boards. Search for your organization and Plinth traces the shortest route it can evidence.

Each link is a name appearing on two organizations’ public IRS 990 filings, matched on that name and, where the filings support it, on location. A same-state match has geographic support, which is a second matching feature rather than confirmation that the two are one person; a cross-state one is the likeliest to be two people who share a name. Every hop shows its tier, low-confidence and distant paths are held back rather than guessed, and it is worth confirming the person before you use the introduction.

About Peter and Karen Iacovelli Charitable Fou Foundation

How much does Peter and Karen Iacovelli Charitable Fou Foundation give?
Peter and Karen Iacovelli Charitable Fou Foundation reported 23 grants totaling $443,182 in its FY2020 IRS filing. It funded between 19 and 23 organizations a year over FY2017 to FY2020.
What does Peter and Karen Iacovelli Charitable Fou Foundation fund?
By grant dollars over FY2017 to FY2024, its largest causes are Philanthropy (35%), Health (25%), Religion (10%).
Who are Peter and Karen Iacovelli Charitable Fou Foundation's largest grantees?
By total granted over FY2017 to FY2024: Alabaster House ($295k), Project Hope Foundation Inc ($254k), St Joseph's Catholic School Inc ($198k).
Does Peter and Karen Iacovelli Charitable Fou Foundation fund new organizations?
In FY2020, 26% of the organizations it funded were first-time grantees.
Does Peter and Karen Iacovelli Charitable Fou Foundation accept unsolicited applications?
Its most recent filing reports that it funds preselected organizations and does not take unsolicited requests. Check the foundation's own site before ruling it out.
Which funders back the same organizations as Peter and Karen Iacovelli Charitable Fou Foundation?
Its strongest co-funders, measured against what their size predicts, include South Carolina Christian Foundation, United Way of Greenville County Inc, Ge Aerospace Foundation.
Where is Peter and Karen Iacovelli Charitable Fou Foundation based?
Peter and Karen Iacovelli Charitable Fou Foundation is based in SC.

On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 72 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

How this is measured
Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

Generated from the IRS Form 990-PF e-file return for fiscal year 2020, released 2020. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Source object · view filing

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