The Giacoletto Foundation was established in 2007, fulfilling the wishes of John and Lawrence Giacoletto.
The two brothers were life-long supporters of education, institutions of higher learning, and libraries. The Giacoletto brothers’ devotion to education, as well as their interest in the technical and cultural aspects of life, are carried on through this foundation. A better educated public will honor the lives and memories of both John and Lawrence.
The Foundation staff carefully screens grant applicants. Those meeting the established criteria are presented to the Advisory Board for consideration. The board reviews proposals approximately four times a year.
When a decision has been reached, the organization is notified promptly in writing of the approval or denial of the grant proposal.
When a grant is approved, it is essential that the grantee also accept the terms and conditions set forth in an “Agreement of Donee”. These conditions include financial reporting, a summary of the fund-raising results, and other information needed to review and evaluate the project.
- Grants are confined to nonprofit tax-exempt organizations, to be used for charitable purposes.
- Grants must be for programs and projects for the benefit of the educational, technical and cultural aspects of life.