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Caritas Foundation is a private trust based in MADISON, WI. The foundation received its IRS ruling in 2002. It holds total assets of $9.3M. Annual income is reported at $2.5M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Caritas Foundation has made 29 grants totaling $2M, with a median grant of $50K. Annual giving has grown from $459K in 2021 to $806K in 2023. Individual grants have ranged from $5K to $325K, with an average award of $68K. The foundation has supported 16 unique organizations. Grants have been distributed to organizations in Wisconsin and District of Columbia. Contributions to this foundation are tax-deductible.
Caritas Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 29 grants. Its grantmaking reaches organizations primarily in WI, DC.
Caritas Foundation has distributed a total of $2M across 29 grants. The median grant size is $50K, with an average of $68K. Individual grants have ranged from $5K to $325K.
Caritas Foundation typically selects its grantees rather than accepting unsolicited proposals.
Caritas Foundation is headquartered in MADISON, WI. While based in WI, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Hamang B Patel | EXEC. DIRECTOR, SECRETARY, | $24K | $0 | $24K |
| Joseph M Schwartz | DIRECTOR | $2K | $0 | $2K |
| Sarah A Kuemmel | DIRECTOR | $1K | $0 | $1K |
| David Kruger | DIRECTOR | $1K | $0 | $1K |
| Katherine Eby | DIRECTOR | $1K | $0 | $1K |
Total Giving
$879K
Total Assets
$9.1M
Fair Market Value
$11.8M
Net Worth
$9.1M
Grants Paid
$806K
Contributions
$500K
Net Investment Income
$689K
Distribution Amount
$554K
Total: $8.9M
Total Grants
29
Total Giving
$2M
Average Grant
$68K
Median Grant
$50K
Unique Recipients
16
Most Common Grant
$50K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| St Mary'S Foundation IncUNRESTRICTED CHARITABLE GRANT | Madison, WI | $250K | 2023 |
| One City Schools IncUNRESTRICTED CHARITABLE GRANT | Madison, WI | $200K | 2023 |
| District Council Of Madison Inc Society Of St Vincent De PaulUNRESTRICTED CHARITABLE GRANT | Madison, WI | $75K | 2023 |
| Operation Fresh StartUNRESTRICTED CHARITABLE GRANT | Madison, WI | $66K | 2023 |
| Access Community Health CentersUNRESTRICTED CHARITABLE GRANT | Madison, WI | $50K |
Other foundations that have funded Caritas Foundation.
| Funder | Amount | Year | Purpose |
|---|---|---|---|
| Conrad N Hilton Foundation | $1.2M | 2023 | TO PARTNER WITH FOUR CONGREGATIONS OF CATHOLIC SISTERS TO BUILD CAPACITY FOR SUSTAINABLE LIVELIHOODS FOR 20,000 DIRECT BENEFICIARIES IN 4,000 HOUSEHOLDS IN TWO STATES EKITI AND LAGOS, NIGERIA |
| Conrad N Hilton Foundation | $1.3M | 2022 | TO PARTNER WITH FOUR CONGREGATIONS OF CATHOLIC SISTERS TO BUILD CAPACITY FOR SUSTAINABLE LIVELIHOODS FOR 20,000 DIRECT BENEFICIARIES IN 4,000 HOUSEHOLDS IN TWO STATES EKITI AND LAGOS, NIGERIA |
| Conrad N Hilton Foundation | $1.3M | 2022 | TO PARTNER WITH FOUR CONGREGATIONS OF CATHOLIC SISTERS TO BUILD CAPACITY FOR SUSTAINABLE LIVELIHOODS FOR 20,000 DIRECT BENEFICIARIES IN 4,000 HOUSEHOLDS IN TWO STATES EKITI AND LAGOS, NIGERIA |
| Ford Foundation |
| Deborah A Schwartz |
| VICE-PRESIDENT, DIRECTOR |
| $0 |
| $0 |
| $0 |
| Frederick P Schwartz | PRESIDENT, DIRECTOR | $0 | $0 | $0 |
| 2023 |
| Edgewood CollegeWELLNESS CENTER | Madison, WI | $50K | 2023 |
| Madison Area Food Pantry Gardens IncFUND PURCHASE OF POPE FARM HOMESTEAD | Madison, WI | $50K | 2023 |
| Charis Classical AcademyUKRAINIAN TUTION ASSISTANCE | Madison, WI | $40K | 2023 |
| University Of Wisconsin FoundationCHM CHILD AND WELL-BEING FUND - KINDNESS CURRICULUM | Madison, WI | $25K | 2023 |
| The Playing FieldGENERAL SUPPORT | Madison, WI | $100K | 2022 |
| American Red CrossSUPPORT FOR UKRAINE | Washington, DC | $10K | 2022 |
| MadymYOUTH DEVELOPMENT TECHNOLOGY SUPPORT | Madison, WI | $50K | 2021 |
| Three Gaits IncTHERAPY SUPPORT | Madison, WI | $14K | 2021 |
| Our Lady Queen Of Peace SchoolEDUCATION SUPPORT | Madison, WI | $10K | 2021 |
| Ronald Mcdonald House Charities Of Madison IncHUMAN SERVICES SUPPORT | Madison, WI | $5K | 2021 |
| Camp Gray IncYURT CONSTRUCTION | Reedsburg, WI | $5K | 2021 |
| $500K |
| 2022 |
| FOR A PROJECT ON VACCINE JUSTICE IN NIGERIA WORKING WITH FAITH-BASED LEADERS |
| Ford Foundation | $500K | 2022 | FOR A PROJECT ON VACCINE JUSTICE IN NIGERIA WORKING WITH FAITH-BASED LEADERS |
| Lans Foundation | $20K | 2022 | GENERAL CHARITABLE |
| Lans Foundation | $20K | 2022 | GENERAL CHARITABLE |
| Verizon Foundation | $750 | 2022 | VIP PAYOUT FOR 02/07/2022 |
| Verizon Foundation | $750 | 2022 | VIP PAYOUT FOR 02/07/2022 |
| Lans Foundation | $15K | 2021 | GENERAL CHARITABLE |
| Lans Foundation | $15K | 2020 | GENERAL CHARITABLE |
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