Grant Funder
Organizations John P and Lawrence J Giacoletto

John P and Lawrence J Giacoletto

PROVIDING LOCAL SCHOOLS WITH EDUCATIONAL ENHANCEMENT FUNDS

Source: IRS Form 990
Public Charity 501(c)(3) NTEE T22
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Private Foundation 501(c)(3)
PO BOX 1149, MARION, IA 52302 https://WWW.GIACOLETTO.ORG
Fiscal Year Ending
December 2021
Return
990PF · filed OCTOBER 26, 2022
View raw 990 XML

Financial Summary

2021
$475K
Total Revenue
$9.9M
Total Assets
$381K
Grants Given
$0
Grants Received
$381K
To Domestic Orgs
$77K
Salaries & Benefits
$126K
Net Investment Income
$2K
Excise Tax on Net Investment Income
Revenue sources: $199K in investment income (dividends & interest).
The IRS requires private foundations to pay out a minimum amount each year. This foundation's required distribution was $0; its qualifying distributions (grants plus charitable expenses) were $531K.

1 Investment Holdings

FMV $9.7M
#HoldingTypeEnd-of-Year Value
1 RBC DAIN RAUSCHER Bond $9.7M

43 Grants Given

2021
PROGRAMS$97K
SCHOLARSHIPS$94K
MOBILE LIBRARY and TEENS ROOMS$33K
STEM INTEGRATION$25K
EDUCATIONAL and TECHNICAL PROGRAMS$23K
COVID 19 ASSISTANCE$23K
MOBILE TECH LAB$20K
ORCHESTRA PROGRAM$15K
COVID 19 PANTRY ASSISTANCE$15K
SCIENCE LAB$8K
COVID 19 PANTRY ASSISTANCE and PROGRAM$7K
ROBOTICS$6K
Other purposes$16K
#OrganizationLocationPurposeAmount
1 ROSE-HULMAN INSTITUTE OF TECHNOLOGY TERRE HAUTE, IN 47803 SCHOLARSHIPS $50K
2 MARION PUBLIC LIBRARY MARION, IA 52302 MOBILE LIBRARY and TEENS ROOMS $33K
3 KIRKWOOD FOUNDATION CEDAR RAPIDS, IA 52406 SCHOLARSHIPS $25K
4 SOUTH VERMILLION COMMUNITY SCHOOL CLINTON, IN 47842 STEM INTEGRATION $25K
5 CEDAR RAPIDS COMMUNITY SCHOOLS CEDAR RAPIDS, IA 52404 EDUCATIONAL and TECHNICAL PROGRAMS $23K
6 CEDAR RAPIDS PUBLIC LIBRARY FOUND CEDAR RAPIDS, IA 52401 MOBILE TECH LAB $20K
7 CLINTON INDIANA PUBLIC LIBRARY CLINTON, IN 47842 PROGRAMS $16K
8 LINN-MAR SCHOOL FOUNDATION MARION, IA 52302 ORCHESTRA PROGRAM $15K
9 COE COLLEGE CEDAR RAPIDS, IA 52402 SCHOLARSHIPS $10K
10 HEARTLAND YOUTH FOR CHRIST CEDAR RAPIDS, IA 52404 PROGRAMS $10K
11 MARION HIGH SCHOOL MARION, IA 52302 SCIENCE LAB $8K
12 YOUTHPORT CEDAR RAPIDS, IA 52404 PROGRAMS $8K
13 FIVE SEASONS CHAMBER MUSIC CEDAR RAPIDS, IA 52403 PROGRAMS $8K
14 COMMUNITY HEALTH FREE CLINIC CEDAR RAPIDS, IA 52401 COVID 19 ASSISTANCE $8K
15 HIS HANDS MINISTRIES CEDAR RAPIDS, IA 52406 COVID 19 ASSISTANCE $8K
16 CATHERINE MCAULEY CENTER CEDAR RAPIDS, IA 52403 PROGRAMS $7K
17 HIAWATHA PUBLIC LIBRARY HIAWATHA, IA 52233 PROGRAMS $7K
18 OLIVET NEIGHBORHOOD MISSION CEDAR RAPIDS, IA 52405 COVID 19 PANTRY ASSISTANCE and PROGRAM $7K
19 EASTERN IA ARTS ACADEMY CEDAR RAPIDS, IA 52406 PROGRAMS $7K
20 REGIS MIDDLE SCHOOL CEDAR RAPIDS, IA 52402 ROBOTICS $6K
21 CEDAR RAPIDS OPERA THEATRE CEDAR RAPIDS, IA 52401 YOUNG ARTISTS PROGRAM $5K
22 GEMS OF HOPE CEDAR RAPIDS, IA 52401 SCHOLARSHIPS $5K
23 IOWA PUBLIC RADIO JOHNSTON, IA 50131 PROGRAMS $5K
24 IOWA PUBLIC TELEVISION FOUNDATION JOHNSTON, IA 50131 PROGRAMS $5K
25 JANE BOYD COMMUNITY CENTER CEDAR RAPIDS, IA 52401 OUT-OF-SCHOOL CARE $5K
26 KING OF KINGS LUTHERAN CHURCH CEDAR RAPIDS, IA 52411 PROGRAMS $5K
27 ZACH JOHNSON FOUNDATION CEDAR RAPIDS, IA 52406 PROGRAMS $5K
28 ALL SAINTS CATHOLIC CHURCH CEDAR RAPIDS, IA 52403 PROGRAMS $4K
29 IMMACULATE CONCEPTION CHURCH CEDAR RAPIDS, IA 52406 PROGRAMS $4K
30 IVY TECH FOUNDATION TERRE HAUTE, IN 47802 SCHOLARSHIPS $4K
31 ORCHESTRA IOWA CEDAR RAPIDS, IA 52401 EDUCATIONAL $4K
32 RED CEDAR CHAMBER MUSIC IOWA CITY, IA 52240 PROGRAMS $3K
33 CEDAR HILLS COMMUNITY CHURCH CEDAR RAPIDS, IA 52405 COVID 19 PANTRY ASSISTANCE $3K
34 CHURCHES OF MARION PANTRY MARION, IA 52302 COVID 19 PANTRY ASSISTANCE $3K
35 GREEN SQUARE MEALS CEDAR RAPIDS, IA 52401 COVID 19 PANTRY ASSISTANCE $3K
36 HILLCREST COMMUNITY FOOD PANTRY CLINTON, IN 47842 COVID 19 ASSISTANCE $3K
37 JUNIOR ACHIEVEMENT OF EASTERN IA CEDAR RAPIDS, IA 52401 PROGRAMS $3K
38 LINN COMMUNITY FOOD BANK CEDAR RAPIDS, IA 52401 COVID 19 PANTRY ASSISTANCE $3K
39 LINN COUNTY VETERAN AFFAIRS CEDAR RAPIDS, IA 52404 COVID 19 PANTRY ASSISTANCE $3K
40 METRO CATHOLIC OUTREACH CEDAR RAPIDS, IA 52401 COVID 19 ASSISTANCE $3K
41 METRO NORTH ROTARY CEDAR RAPIDS, IA 52404 CHRISTMAS GIFTS FOR CHILDREN IN NEED $3K
42 VERMILLION CO EMERGENCY FOOD PANTRY CLINTON, IN 47842 COVID 19 ASSISTANCE $3K
43 WAYPOINT FOOD BANK CEDAR RAPIDS, IA 52401 COVID 19 PANTRY ASSISTANCE $3K

4 Key Officers & Employees

Total salaries, compensation & benefits: $77K
TitleNameAvg Hrs / Week
DIRECTOR BARBARA ALLEN 4.00
DIRECTOR ALEX TAYLOR 2.00
DIRECTOR DICK DEARINGER 2.00
DIRECTOR MARTHA NORTON 2.00

Note: This is GrantWatch, Inc.'s proprietary format for displaying helpful data for grant writers, drawn from the IRS 990 annual reports.

Disclaimer: GrantWatch has no knowledge as to the accuracy of information presented on the IRS 990 reports. The information presented is for research purposes only and should not be copied or distributed.

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