The Charles Fund Inc. | Granted Foundation Directory | Granted AI
CHARLOTTESVLE, VA
The Charles Fund Inc. Quick Facts
EIN 168064401
Location CHARLOTTESVLE, VA
Phone (434) 293-8191
Category General
Total Assets $8.4M
Annual Income $917K
IRS Ruling Year 1966
Organization Type Non-Operating Foundation
Principal Officer % Richmond & Fishburne
Tax Deductibility Contributions are deductible
About This Foundation The Charles Fund Inc. is a private corporation based in CHARLOTTESVLE, VA. The foundation received its IRS ruling in 1966. The principal officer is % Richmond & Fishburne. It holds total assets of $8.4M. Annual income is reported at $917K. THE FOUNDATION HAS NO DIRECT CHARITABLE ACTIVITIES. According to available records, The Charles Fund Inc. has made 255 grants totaling $1.7M, with a median grant of $500. The foundation has distributed between $531K and $603K annually from 2020 to 2022. Individual grants have ranged from $250 to $85K, with an average award of $7K. The foundation has supported 98 unique organizations. The foundation primarily supports organizations in Virginia, New York, New Jersey, which account for 100% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Application Information
Restrictions NO GRANTS ARE MADE TO INDIVIDUALS OR TO OTHER PRIVATE FOUNDATIONS. Programs & Activities THE FOUNDATION HAS NO DIRECT CHARITABLE ACTIVITIES
Frequently Asked Questions What does The Charles Fund Inc. fund? THE FOUNDATION HAS NO DIRECT CHARITABLE ACTIVITIES. Based on available records, the foundation has funded 255 grants. Its grantmaking reaches organizations primarily in VA, NY, NJ.
How much does The Charles Fund Inc. give in grants? The Charles Fund Inc. has distributed a total of $1.7M across 255 grants. The median grant size is $500, with an average of $7K. Individual grants have ranged from $250 to $85K.
How do I apply for a grant from The Charles Fund Inc.? NO GRANTS ARE MADE TO INDIVIDUALS OR TO OTHER PRIVATE FOUNDATIONS.
Where is The Charles Fund Inc. located? The Charles Fund Inc. is headquartered in CHARLOTTESVLE, VA. While based in VA, the foundation distributes grants to organizations across 4 states.
Key People & Compensation (2022) Name Title Compensation Benefits Total Joseph W Richmond Jr PRESIDENT $30K $0 $30K Gregory Carver DIRECTOR $2K $0 $2K Anne M Farnham DIRECTOR $2K $0 $2K Timothy Alexander DIRECTOR $2K $0 $2K Betsy Carver VICE PRESIDENT $2K $0 $2K
990 Tax Filings Year Return Type PDF 2023 990PF 2022 990PF 2021 990PF 2020 990PF
Financial Overview Total Giving
$628K
2023 -11%
Fair Market Value
$11.1M
2023
Net Investment Income
$367K
2023
Distribution Amount
$508K
2023
Investment Portfolio (2023) Total: $0
Other Investments (100%)
Cash (0%)
Revenue Sources (2023)
Dividends $282K
Capital Gains (Net) $121K
Interest $8 Financial Details (2023)
Total Revenue $403K
Total Expenses $628K
Exempt Purpose Expenses $589K
Required Distribution $508K
Undistributed Income $0
Total Liabilities $1
Excise Tax $5K Foundation Classification (2023) Operating Foundation
Grants to Individuals
Non-Charity Grants
Lobbying Activity
Excess Business Holdings
Grantmaking Insights Grant Disbursements by Year Grant Range Smallest grant Largest grant
Openness to New Grantees (2022)
of 2022 grantees were first-time recipients
Geographic Distribution of Grants
VA $1.1M (240)
NY $545K (11)
NJ $1K (3)
PA $250 (1)
Past Grantees Recipient Location Amount Year Salvation Army GENERAL PURPOSES OF DONEE Charlottesville, VA $500 2022 Casa GENERAL PURPOSES OF DONEE Charlottesville, VA $500 2022 Rochester Museum And Science CenterGENERAL PURPOSES OF DONEE Rochester, NY $75K 2022 Montpelier FoundationGENERAL PURPOSES OF DONEE Orange, VA $60K 2022 Hillside Children'S Foundation
Foundations of Similar Size Ready to start your proposal? Granted uses AI to draft, review, and polish your grant application — saving weeks of work.
Granted is making fundraising less tedious, more accessible, and more successful for everyone.
Deborah Maggs VICE PRESIDENT $2K $0 $2K
GENERAL PURPOSES OF DONEE
American Frontier Cultural FoundationGENERAL PURPOSES OF DONEE Staunton, VA $50K 2022
Genesee Country Village & MuseumGENERAL PURPOSES OF DONEE Mumford, NY $50K 2022
Uncommon Schools Rochester PrepGENERAL PURPOSES OF DONEE Rochester, NY $50K 2022
Jefferson Area Board For AgingGENERAL PURPOSES OF DONEE Charlottesville, VA $25K 2022
Lewis And Clark Exploratory CenterGENERAL PURPOSES OF DONEE Charlottesville, VA $25K 2022
Thomas Jefferson FoundationGENERAL PURPOSES OF DONEE Charlottesville, VA $25K 2022
Hospice Of The PiedmontGENERAL PURPOSES OF DONEE Charlottesville, VA $20K 2022
Child Health Partnership IncGENERAL PURPOSES OF DONEE Charlottesville, VA $20K 2022
United Way - Thomas Jefferson AreaGENERAL PURPOSES OF DONEE Charlottesville, VA $20K 2022
Shenandoah National Park TrustGENERAL PURPOSES OF DONEE Charlottesville, VA $18K 2022
Madison HouseGENERAL PURPOSES OF DONEE Charlottesville, VA $15K 2022
Va Foundation For The HumanitiesGENERAL PURPOSES OF DONEE Charlottesville, VA $15K 2022
Woodrow Wilson Presidential Library GrantGENERAL PURPOSES OF DONEE Staunton, VA $15K 2022
The Virginia College FundGENERAL PURPOSES OF DONEE Richmond, VA $15K 2022
Virginia Museum Of History & CultureGENERAL PURPOSES OF DONEE Richmond, VA $11K 2022
Habitat For Humanity Of CharlottesvilleGENERAL PURPOSES OF DONEE Charlottesville, VA $10K 2022
Charlottesville TomorrowGENERAL PURPOSES OF DONEE Charlottesville, VA $5K 2022
The Center At BelvedereGENERAL PURPOSES OF DONEE Charlottesville, VA $5K 2022
Westiminster Canterbury Of The Blue RidgeGENERAL PURPOSES OF DONEE Charlottesville, VA $1K 2022
Legal Aid Justice CenterGENERAL PURPOSES OF DONEE Charlottesville, VA $1K 2022
Charlottesville-Albemarle SpcaGENERAL PURPOSES OF DONEE Charlottesville, VA $1K 2022
The Library Of Virginia FoundationGENERAL PURPOSES OF DONEE Richmond, VA $1K 2022
Blue Ridge Area Food BankGENERAL PURPOSES OF DONEE Verona, VA $750 2022
ReadykidsGENERAL PURPOSES OF DONEE Charlottesville, VA $500 2022
Service Dogs Of VirginiaGENERAL PURPOSES OF DONEE Charlottesville, VA $500 2022
The Bridge LineGENERAL PURPOSES OF DONEE Charlottesville, VA $500 2022
Virginia Law FoundationGENERAL PURPOSES OF DONEE Charlottesville, VA $500 2022
Western Albemarle Rescue SquadGENERAL PURPOSES OF DONEE Crozet, VA $500 2022
International Rescue CommitteeGENERAL PURPOSES OF DONEE Charlottesville, VA $500 2022
Georgias Healing HouseGENERAL PURPOSES OF DONEE Charlottesville, VA $500 2022
Charlottesville Free ClinicGENERAL PURPOSES OF DONEE Charlottesville, VA $500 2022
Charlottesville Area Community FoundationGENERAL PURPOSES OF DONEE Charlottesville, VA $500 2022
Charlottesville Albemarle Historical SocietyGENERAL PURPOSES OF DONEE Charlottesville, VA $500 2022
Caring For CreaturesGENERAL PURPOSES OF DONEE Palmyra, VA $500 2022
Book BasketsGENERAL PURPOSES OF DONEE Charlottesville, VA $500 2022
Albemarle County Rotary Club FoundationGENERAL PURPOSES OF DONEE Charlottesville, VA $500 2022
Jefferson School African American Heritage CenterGENERAL PURPOSES OF DONEE Charlottesville, VA $500 2022
Jefferson School FoundationGENERAL PURPOSES OF DONEE Charlottesville, VA $500 2022
Jefferson-Madison Regional LibraryGENERAL PURPOSES OF DONEE Charlottesville, VA $500 2022
Literacy VolunteersGENERAL PURPOSES OF DONEE Charlottesville, VA $500 2022
Loaves And Fishes Food PantryGENERAL PURPOSES OF DONEE Charlottesville, VA $500 2022
Miller Center Of Public AffairsGENERAL PURPOSES OF DONEE Charlottesville, VA $500 2022
PacemGENERAL PURPOSES OF DONEE Charlottesville, VA $500 2022
All Blessings FlowGENERAL PURPOSES OF DONEE Charlottesville, VA $250 2022
Jamestown-Yorktown Foundation IncGENERAL PURPOSES OF DONEE Williamsburg, VA $250 2022
