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The Charles Family Charitable Foundation is a private trust based in GLOUCESTER, MA. The foundation received its IRS ruling in 2001. The principal officer is Day Berry & Howard Llp. It holds total assets of $808K. Annual income is reported at $148K. Total assets have decreased from $1.4M in 2010 to $796K in 2022. 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 2021 to 2023. According to available records, The Charles Family Charitable Foundation has made 34 grants totaling $134K, with a median grant of $2K. Individual grants have ranged from $750 to $25K, with an average award of $4K. The foundation has supported 12 unique organizations. The foundation primarily supports organizations in Massachusetts, Florida, New York, which account for 94% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
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.
The Charles Family Charitable Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 34 grants. Its grantmaking reaches organizations primarily in MA, FL, NY.
The Charles Family Charitable Foundation has distributed a total of $134K across 34 grants. The median grant size is $2K, with an average of $4K. Individual grants have ranged from $750 to $25K.
The Charles Family Charitable Foundation typically selects its grantees rather than accepting unsolicited proposals.
The Charles Family Charitable Foundation is headquartered in GLOUCESTER, MA. While based in MA, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Theodore E Charles | TRUSTEE | $0 | $0 | N/A |
Total Giving
$97K
Total Assets
$796K
Fair Market Value
$1.5M
Net Worth
$796K
Grants Paid
$87K
Contributions
N/A
Net Investment Income
$40K
Distribution Amount
N/A
Total Grants
34
Total Giving
$134K
Average Grant
$4K
Median Grant
$2K
Unique Recipients
12
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Cape Ann MuseumCHARITABLE | Gloucester, MA | $25K | 2022 |
| Copley Society100CHARITABLE | Boston, MA | $10K | 2022 |
| Gloucester StageCHARITABLE | Gloucester, MA | $3K | 2022 |
| Generous GardenersCHARITABLE | Gloucester, MA | $3K | 2022 |
| Miami Lighthouse Foundation For The BlindCHARITABLE | Miami, FL | $3K | 2022 |
| Pathways For ChildrenCHARITABLE | Gloucester, MA | $3K | 2022 |
| Rockport Art AssociationCHARITABLE | Rockport, MA | $2K | 2022 |
| Pingree SchoolCHARITABLECHARITABLE | South Hamilton, MA | $2K | 2022 |
| Essex County Community FoundationCHARITABLECHARITABLE | Danvers, MA | $2K | 2022 |
| Cape Ann Animal AidCHARITABLE | Gloucester, MA | $1K | 2022 |
| Regis CollegeCHARITABLE | Weston, MA | $1K | 2022 |
| Seal Legacy FoundationCHARITABLE | Austin, TX | $750 | 2022 |