Atlantic Charitable Fund
Atlantic Charitable Fund is a private foundation established in 1999 and based in Beaufort, South Carolina, that supports non-profit organizations addressing homelessness, domestic violence, and substance abuse. The foundation operates with no full-time employees and provides support through direct grants, staff training programs in Maine, organizational consultation, research funding, and advocacy efforts related to homelessness.
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$1.0M
-2.0% YoY
Annual Giving
$78K
+29.7% YoY
Grant Count
6
+100.0% YoY
Avg Grant Size
$13K
-35.1% YoY
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,013,190 | $1,034,134 | $968,180 |
| Revenue | $108,186 | $98,884 | $46,240 |
| Expenses | $132,153 | $110,544 | $161,025 |
| Qualifying Distributions | $116,805 | $96,725 | $147,736 |
| Net Investment Income | $94,426 | $85,447 | $32,951 |
| Distributable Amount | $49,250 | $48,663 | $51,831 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
Grant Size Distribution
42 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does Atlantic Charitable Fund fund?
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Alan J Pethick | President/Director | 15 | $28,000 |
| Mark R Swann | Vice President/Director | 1 | — |
| Horace W Horton | Treasurer/Secretary/Direct | 1 | — |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
States
Cities
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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