The Illinois State Capitol

Form 990-PFTax year 2024EIN 26-3258672

Costello Family Foundation

A private foundation in Lisle, IL. Its return for tax year 2024 lists 9 grants and $333,925 paid in grants.

Tax year 2024 (period ending Dec 31, 2024), read from the IRS e-file on Nov 11, 2026. Returns reach the IRS 5 to 18 months after the year they describe.

How to apply

Preselected only

The return checks the box saying the foundation gives only to preselected organizations and does not accept unsolicited requests.

Assets and giving by year

7 returns on file
Grants paid by tax year. The latest year is in blue.
  • Tax year 2024

    $333,925

    Grants listed
    9
    Assets, end of year
    $2,129,869
  • Tax year 2023

    $470,154

    Grants listed
    7
    Assets, end of year
    $2,308,357
  • Tax year 2022

    $312,600

    Grants listed
    8
    Assets, end of year
    $2,332,174
  • Tax year 2021

    $79,432

    Grants listed
    9
    Assets, end of year
    $2,523,292
  • Tax year 2020

    $33,469

    Grants listed
    9
    Assets, end of year
    $884,190
  • Tax year 2019

    $79,916

    Grants listed
    7
    Assets, end of year
    $846,461
  • Tax year 2018

    $18,000

    Grants listed
    3
    Assets, end of year
    $924,376

Grants paid in 2024

9 grants, largest first

As listed on the return. Grants to individuals show as “Individual”, with purpose and amount only.

  1. Individual

    Donation

    $250,000
  2. Cross Pointe OcalaOcala, FL

    Donation

    $63,000
  3. Individual

    Donation

    $5,000
  4. Episcopal Farmworker MinistryDunn, NC

    Donation

    $5,000
  5. Mancave MinistryAsheville, NC

    Donation

    $4,000
  6. Breakthrough Urban MinistriesChicago, IL

    Donation

    $3,000
  7. Turning Point MinistriesBonita Springs, FL

    Donation

    $2,400
  8. I-BibleWest Covina, CA

    Donation

    $1,200
  9. Lamb Lion MinistriesMcKinney, TX

    Donation

    $325

Where the money goes

By cause: grants to organizations we matched to the IRS list of exempt organizations, by their category.

  1. Religion1 grant $1,200100% of the total

By State

Grants to organizations with a US address, latest year.

  1. Florida2 grants $65,400
  2. North Carolina2 grants $9,000
  3. Illinois1 grant $3,000
  4. California1 grant $1,200
  5. Texas1 grant $325

Officers, directors and trustees

3 people as filed

As filed on the return, with average hours per week and pay from the foundation.

  • Michael J Costello IIPRESIDENT Hours 0Pay $0
  • Lisa M CostelloSEC-TREAS Hours 0Pay $0
  • Dominic V CostelloVICE-PRES Hours 0Pay $0

The return

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