Advisors Charitable Gift Fund
Advisors Charitable Gift Fund is a public charity based in Woburn, Massachusetts. Formed in 2003, it states that its purpose is to promote charitable giving. In 2024, it reported 112 grants totaling $2,648,105. Its 2025 filing, the latest on this page, reports 133 grants totaling $5.8 million.
Advisors Charitable Gift Fund at a glance
In short: Advisors Charitable Gift Fund gave $5.8M across 133 grants in 2025 (avg $44K), top state Indiana. 36% of 2025 grantees were new. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $5,786,152
- +118.5% vs 2024
- Grants made (2025)
- 133
- +18.8% vs 2024
- Average grant
- $43,505
- +84.0% vs 2024
- Median grant
- $10,240
- Total assets
- $27,017,958
- -1.4% vs 2024
- New grantees (estimate)
- 36% first-time grantees (48 of 133, 2025)
- Primary geography
- Indiana (32% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated November 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Advisors Charitable Gift Fund
- Contact
Mailing address: 12 Gill Street 2600, Woburn, MA 01801-1729
Phone: (781) 970-5077
Website: https://acgfund.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Advisors Charitable Gift Fund funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Morgan Stanley Global Impact Funding Trust Inc ($1.4M). Together the top 10 received $3.8M.
Grant Size Distribution
787 grants across all recorded years
The most common grant size was under $50K: 707 grants of 787 (90%).
Geographic Focus
Where this funder awards grants
The fund’s 2024 grant dollars went to recipients in multiple states. The largest reported state shares were New York (18%), Indiana (13%), Massachusetts (9%), Georgia (9%), and Minnesota (7%).
Grant Distribution by State
Share of 2025 grant dollars across all 133 itemized grants.
States
Cities
Is Advisors Charitable Gift Fund open to new grantees?
36%
first-time grantees, 2025
In 2025, 48 of 133 grantees (36%) were first-time recipients. First grants averaged $29K; repeat grants $52K. How we count
Medians: $10K first-time, $11K repeat.
Estimate from itemized grant lists in IRS Form 990 filings (2019–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $2.6M (2024) to $9.0M (2021). In 2025 it made 133 grants totaling $5.8M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN | General Support | $1,448,286 |
| Raymond James Charitable Endowment Fund St Petersburg, FL | General Support | $514,060 |
| Fidelity Investments Charitable Gift Fund Boston, MA | General Support | $445,517 |
| Renaissance Charitable Foundation Inc Indianapolis, IN | General Support | $392,366 |
| Bucks County Childrens Museum New Hope, PA | General Support | $255,000 |
| Presbyterian Mo-Ranch Assembly Hunt, TX | General Support | $198,971 |
| Goldman Sachs Philanthropy Fund Albany, NY | General Support | $153,270 |
| US Committee for Refugees and Immigrants Inc Arlington, VA | General Support | $125,000 |
| Geronimo Animal Rescue Team Globe, AZ | General Support | $120,000 |
| Scholarship America Detroit, MI | General Support | $116,240 |
Ready to take the next step with Advisors Charitable Gift Fund?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $27,017,958 | $5,304,148 | $6,912,922 | $5,786,152 | 133 | $2,923,702 |
| 2024 | $27,413,364 | $3,537,730 | $3,650,519 | $2,648,105 | 112 | $1,135,422 |
| 2023 | $22,766,067 | $3,358,988 | $6,285,928 | $5,200,988 | 154 | $1,654,617 |
| 2022 | $25,560,118 | $6,290,034 | $8,982,680 | $7,787,104 | 162 | $2,217,219 |
| 2021 | $36,774,132 | $9,174,823 | $10,583,051 | $8,989,760 | 226 | $3,280,015 |
| 2020 | $32,805,217 | $8,696,195 | $6,610,821 | $5,409,438 | 270 | $2,337,369 |
| 2019 | $30,575,630 | $6,281,296 | $6,936,321 | $5,709,417 | 242 | $1,775,141 |
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The fund’s stated mission is “to promote charitable giving.” Its 2023 filing describes grants to organizations in education, culture, religion, social services, and overcoming poverty.
Examples of 2024 grantees illustrate a range of supported work. Jeremiah Program describes its mission as disrupting the cycle of poverty for single mothers and their children. Colorado Animal Rescue Express says it funds animal transport, veterinary care, spay and neuter programs, and assistance for shelters, rescues, and pet owners. Boys & Girls Clubs of Elkhart County says it works to help young people reach their potential. These are the grantees’ own descriptions, not stated priorities of the fund.
Grantmaking
In 2024, the fund reported 112 grants totaling $2,648,105. Grant amounts ranged from $5,250 to $273,883, with a median of $10,000. The largest awards included $273,883 to Renaissance Charitable Foundation Inc, $187,398 to ESC Of New England Inc, $171,101 to Morgan Stanley Global Impact Funding Trust Inc, $113,840 to Scholarship America, and $105,000 to EQUIP Leadership Inc. The listed grants were for general support. Its 2025 filing, the latest on this page, reports 133 grants totaling $5.8 million.
The fund’s website says donors may advise grants to any approved public charity and that there is no minimum annual grant activity.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Dr Diane Cooksey Kessler as chairperson; Ronald D Dean as vice chairman; Mark O’Connell as treasurer; Christopher Hulse as president; Thomas Forese Jr, Joseph Gibbons, William Hogan Jr, and David A St Yves as directors; and Kenneth G Y Grant as past director.
Advisors Charitable Gift Fund is led by Thomas Forese Jr., President since 2025 (on filings since 2019); 5 of 9 officers listed in 2025 are compensated.
Officers on the 2025 filing
Thomas Forese Jr.
President
Past President → Director, 2021
Director → President, 2025
On filings since 2019
1 hr/week
No compensation reported
Kenneth G Y Grant
Chair
Director → Past Director, 2024
Past Director → Chair, 2025
On filings since 2020
1 hr/week
$2K (2021) → $0 (2025)
Joseph Gibbons
Director
On filings since 2019
1 hr/week
$3K (2019) → $4K (2025)
Mark O'Connell
Director
Treasurer → Director, 2025
On filings since 2019
1 hr/week
$1K (2019) → $3K (2025)
William Hogan Jr.
Director
On filings since 2019
1 hr/week
$2K (2019) → $0 (2025)
Christopher Hulse
Director
President → Director, 2025
On filings since 2020
1 hr/week
No compensation reported
David A St Yves
Treasurer
Director → Treasurer, 2025
On filings since 2019
1 hr/week
$2K (2019) → $4K (2025)
Diane Cooksey Kessler
Past Director
Chairperson → Past Director, 2025
On filings since 2019
1 hr/week
$3K (2019) → $3K (2025)
Ronald D Dean
Vice Chair
Vice Chairman → Vice Chair, 2025
On filings since 2019
1 hr/week
$2K (2019) → $3K (2025)
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $4K, to David A St Yves (Treasurer). 5 officers or directors reported compensation on that filing.
Frequently asked questions about Advisors Charitable Gift Fund
How much does Advisors Charitable Gift Fund give each year?
Advisors Charitable Gift Fund gave $5.8M across 133 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $2.6M across 112 grants.
What is Advisors Charitable Gift Fund's typical grant size?
Advisors Charitable Gift Fund's median grant in 2025 was $10,240, and its average grant was $43,505, across 133 grants on its 2025 IRS Form 990. Organizations receiving their first grant from Advisors Charitable Gift Fund that year got $29K on average.
Where does Advisors Charitable Gift Fund give grants?
Advisors Charitable Gift Fund's top state is Indiana, with 32% of the grant dollars itemized on its 2025 IRS Form 990. The next largest states were Florida (11%) and Massachusetts (10%). The most frequent recipient cities were New York, NY (7 grants), Washington, DC (6 grants), Indianapolis, IN (3 grants) and Brooklyn, NY (3 grants).
Does Advisors Charitable Gift Fund give general operating support?
Yes: 100% of Advisors Charitable Gift Fund's 2025 grants with a stated purpose (133 of 133) were for general or operating support, per its 2025 IRS Form 990.
Who are Advisors Charitable Gift Fund's largest grantees?
Advisors Charitable Gift Fund's largest 2025 grantees include Morgan Stanley Global Impact Funding Trust Inc ($1,448,286), Raymond James Charitable Endowment Fund ($514,060) and Fidelity Investments Charitable Gift Fund ($445,517), according to its 2025 IRS Form 990. Together they received 42% of its itemized 2025 grant dollars.
How large is Advisors Charitable Gift Fund?
Advisors Charitable Gift Fund reported $27.0M in total assets on its 2025 IRS Form 990. Its revenue that year was $5.3M.
What does Advisors Charitable Gift Fund fund?
The fund’s stated mission is “to promote charitable giving.” Its 2023 filing describes grants to organizations in education, culture, religion, social services, and overcoming poverty. See mission & focus areas ↑
How do I apply for a grant from Advisors Charitable Gift Fund?
Advisors Charitable Gift Fund has no public application process in the sources Grantable reviewed. Check acgfund.org for current guidelines, or contact the foundation directly before submitting a request.
What is Advisors Charitable Gift Fund's EIN?
Advisors Charitable Gift Fund's EIN (Employer Identification Number) is 01-0782573. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated November 2026. Sourced from IRS Form 990 filings. Research dossier generated September 2026.
Data update history
(8)
When this profile's IRS filing data changed on Grantable
- Added Form 990 for fiscal year 2025 (received by the IRS September 13, 2026)
- Added Form 990 for fiscal year 2019 (received by the IRS March 10, 2020)
- Updated Form 990 for fiscal year 2020 (received by the IRS February 26, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS March 8, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS March 7, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS March 12, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS March 12, 2025)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Advisors Charitable Gift Fund funds
Public, Societal Benefit Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Advisors Charitable Gift Fund's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Advisors Charitable Gift Fund funder profile. GrantGraph. Retrieved November 3, 2026, from https://grantable.co/funders/advisors-charitable-gift-fund-morg_809dac88c2054463bc0ffdce62500aa2
BibTeX
@misc{grantable_010782573_2026,
author = {{Grantable}},
title = {{Advisors Charitable Gift Fund funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/advisors-charitable-gift-fund-morg_809dac88c2054463bc0ffdce62500aa2},
note = {Accessed 2026-11-03. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Advisors Charitable Gift Fund's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Advisors Charitable Gift Fund down — hundreds of funders to go?