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Filing year 2024

THE ALBERT M COVELLI FOUNDATION

Warren, Ohio·EIN 34-1383117·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

* Sector derived from filing type (Form 990-PF), not IRS-assigned

Total revenue
$1.7M
Total assets
$7.7M
Total expenses
$450k
Reported officers
3

Reported officers (all unpaid)

No paid executives reported in 2024. THE ALBERT M COVELLI FOUNDATION reported 3 unpaid officers and board members on its 990-PF.

Trustee
Trustee
Trustee

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$368k

Itemized grants

30

Median grant

$4k

RecipientLocationPurposeAmount
JOHN F KENNEDY CATHOLIC SCHOOLWARREN, OHCHARITABLE$63k
ORLANDO HEALTH FOUNDATIONORLANDO, FLCHARITABLE$50k
HIBISCUS CHILDREN'S CENTERJENSEN BEACH, FLCHARITABLE$50k
CLEVELAND CLINICSTUART, FLCHARITABLE$50k
NATIONAL VETERANS MEMORIAL & MUSEUMCOLUMBUS, OHCHARITABLE$25k
A KID'S PLACEBRANDON, FLCHARITABLE$20k
NATIONWIDE CHILDRENS HOSPITALCOLUMBUS, OHCHARITABLE$16k
ZOO TAMPATAMPA, FLCHARITABLE$13k
AKRON CHILDREN'S HOSPITALBOARDMAN, OHCHARITABLE$10k
ST MARGARET MARY CATHOLIC CHURCHWINTER PARK, FLCHARITABLE$10k
FOUNDATION FOR FOSTER CHILDRENWINTER PARK, FLCHARITABLE$10k
LIFEWISE OLENTANGYHILLIARD, OHCHARITABLE$8k
FELLOWSHIP OF CHRISTIAN ATHLETESDUBLIN, OHCHARITABLE$7k
ST JOSEPH CATHOLIC CHURCH & SCHOOLSTUART, FLCHARITABLE$5k
OBLATE SISTERSHUBBARD, OHCHARITABLE$5k
COUNCIL ON AGING OF MARTIN COUNTY INCSTUART, FLCHARITABLE$4k
UNITED WAY OF MARTIN COSTUART, FLCHARITABLE$3k
ST TERESA OF CALCUTTA PARISHWARREN, OHCHARITABLE$3k
NEW HOPE FOR KIDSMAITLAND, FLCHARITABLE$3k
MERCY HEALTH FOUNDATION MAHONING VALLEYBOARDMAN, OHCHARITABLE$3k
CHILDREN'S REHABILITATION CENTERWARREN, OHCHARITABLE$3k
WARREN FAMILY MISSIONWARREN, OHCHARITABLE$2k
THE SALVATION ARMYWARREN, OHCHARITABLE$2k
MARY'S HOMESTUART, FLCHARITABLE$2k
LIBRARY FOUNDATION OF MARTIN COUNTYSTUART, FLCHARITABLE$2k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

THE ALBERT M COVELLI FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$405k
$465k
2023
$1.7M
$450k
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Ohio

THE ALBERT M COVELLI FOUNDATION reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Ohio earns a median of $11,462.

25th percentile
$4k
Median
$11,462
75th percentile
$39k
90th percentile
$106k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 1,972 organizations across 1,972 filings (2021 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Ohio
FAQ

Common questions about THE ALBERT M COVELLI FOUNDATION

What are THE ALBERT M COVELLI FOUNDATION's revenue and expenses?

In 2024, THE ALBERT M COVELLI FOUNDATION reported $1.7M in total revenue and $450k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.