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Also known as: C/O TWINFOCUS CAPITAL PARTNERS LLC
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Carmen-Lederer Fam Foundation is a private trust based in BOSTON, MA. The foundation received its IRS ruling in 2018. The principal officer is Twinfocus Capital Partners L. It holds total assets of $3.9M. Annual income is reported at $3.2M. Total assets have grown from $2.8M in 2019 to $3.7M in 2023. The foundation is governed by 1 officer or trustee. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2018 to 2023. Grantmaking is concentrated in Massachusetts. According to available records, Carmen-Lederer Fam Foundation has made 14 grants totaling $1.1M, with a median grant of $100K. Individual grants have ranged from $5K to $100K, with an average award of $76K. The foundation has supported 7 unique organizations. Grants have been distributed to organizations in Massachusetts and Pennsylvania. Contributions to this foundation are tax-deductible.
Smallest Grant
$2K
Median Grant
$10K
Average Grant
$29K
Largest Grant
$75K
Based on 3 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Carmen-Lederer Fam Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 14 grants. Its grantmaking reaches organizations primarily in MA, PA.
Carmen-Lederer Fam Foundation has distributed a total of $1.1M across 14 grants. The median grant size is $100K, with an average of $76K. Individual grants have ranged from $5K to $100K.
Carmen-Lederer Fam Foundation typically selects its grantees rather than accepting unsolicited proposals.
Carmen-Lederer Fam Foundation is headquartered in BOSTON, MA. While based in MA, the foundation distributes grants to organizations across 2 states.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Michael T Carmen | TRUSTEE | $0 | $0 | N/A |
Total Giving
$572K
Total Assets
$3.7M
Fair Market Value
$3.7M
Net Worth
$3.7M
Grants Paid
$540K
Contributions
N/A
Net Investment Income
$86K
Distribution Amount
$181K
Total: N/A
Total Grants
14
Total Giving
$1.1M
Average Grant
$76K
Median Grant
$100K
Unique Recipients
7
Most Common Grant
$100K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| City Year BostonFBO City Year South Africa | Boston, MA | $100K | 2022 |
| Smart From The Start IncGENERAL SUPPORT | Roxbury, MA | $100K | 2022 |
| About Fresh IncGENERAL SUPPORT | Boston, MA | $100K | 2022 |
| Hackdiversity IncGENERAL SUPPORT | Boston, MA | $100K | 2022 |
| University Of PennsylvaniaGENERAL SUPPORT | Philadelphia, PA | $75K | 2022 |
| Silver Lining MentoringGENERAL SUPPORT | Boston, MA | $50K | 2022 |
| Mit International IncGENERAL SUPPORT | Cambridge, MA | $5K | 2022 |